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Kotak Mahindra Bank Associate Manager salaries in India (Updated 2025)

Annual salary range
1 - 8 years exp.
₹1.6 Lakh - ₹5.1 Lakhs
Salary of majority employees
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79% less than the average Associate Manager Salary in Banking Companies for 1 - 8 years of experience

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Salaries in different departments

Sales & Business Development
Associate Manager Salary
1 - 6 years exp. (15 salaries)
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₹1.9 L/yr - ₹5.1 L/yr

Customer Success, Service & Operations
Associate Manager Salary
1 - 8 years exp. (14 salaries)
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₹1.6 L/yr - ₹4 L/yr

Finance & Accounting
Associate Manager Salary
1 - 5 years exp. (11 salaries)
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₹2.5 L/yr - ₹3.9 L/yr

BFSI, Investments & Trading
Associate Manager Salary
1 - 4 years exp. (10 salaries)
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₹2.2 L/yr - ₹3.8 L/yr

Last Updated: 22 Feb 2025

Companies similar to Kotak Mahindra Bank for Associate Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Associate Manager Salary

0 - 8 years exp. (26 salaries)

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₹2.5 L/yr - ₹6 L/yr

arrow icon 20% more
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ICICI Bank Associate Manager Salary

0 - 6 years exp. (37 salaries)

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₹2.2 L/yr - ₹7.6 L/yr

arrow icon 23% more
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Axis Bank Associate Manager Salary

1 - 6 years exp. (15 salaries)

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₹2.5 L/yr - ₹5.1 L/yr

arrow icon 17% more
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State Bank of India Associate Manager Salary

0 - 8 years exp. (5 salaries)

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₹7 L/yr - ₹14 L/yr

arrow icon 220% more
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IndusInd Bank Associate Manager Salary

0 - 10 years exp. (1.1k salaries)

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₹1.5 L/yr - ₹6.8 L/yr

arrow icon 23% more
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Yes Bank Associate Manager Salary

0 - 9 years exp. (18 salaries)

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₹2.4 L/yr - ₹6.5 L/yr

arrow icon 16% more
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Federal Bank Associate Manager Salary

0 - 12 years exp. (5 salaries)

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₹9.2 L/yr - ₹12 L/yr

arrow icon 219% more
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IDFC FIRST Bank Associate Manager Salary

0 - 6 years exp. (236 salaries)

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₹2.4 L/yr - ₹6.9 L/yr

arrow icon 8% more
3 job openings
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RBL Bank Associate Manager Salary

3 - 4 years exp. (5 salaries)

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₹3 L/yr - ₹4.5 L/yr

arrow icon 12% more
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Bandhan Bank Associate Manager Salary

0 - 4 years exp. (7 salaries)

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₹3.4 L/yr - ₹5 L/yr

arrow icon 20% more
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₹15 L/yr - ₹19.9 L/yr

arrow icon 401% more
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₹3.1 L/yr - ₹4 L/yr

arrow icon 3% more
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Paytm Payments Bank Associate Manager Salary

3 - 5 years exp. (4 salaries)

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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 23% more
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IDBI Bank Associate Manager Salary

3 - 8 years exp. (3 salaries)

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₹11 L/yr - ₹18 L/yr

arrow icon 336% more
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Canara Bank Associate Manager Salary

1 - 11 years exp. (3 salaries)

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₹3.3 L/yr - ₹9.8 L/yr

arrow icon 129% more
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₹11.2 L/yr - ₹12 L/yr

arrow icon 257% more
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₹3 L/yr - ₹4.5 L/yr

arrow icon 18% more

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Associate Manager salary at Kotak Mahindra Bank ranges between ₹1.6 Lakh to ₹5.1 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 75 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Associate Manager

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Experience wise Kotak Mahindra Bank Associate Manager salaries

Last Updated: 22 Feb 2025

Experience Avg Annual Salary
1 year  (18 salaries)

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₹1.9 L/yr - ₹3.6 L/yr
2 years  (14 salaries)

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₹2.5 L/yr - ₹3.5 L/yr
3 years  (17 salaries)

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₹1.6 L/yr - ₹4 L/yr
4 years  (17 salaries)

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₹2 L/yr - ₹4 L/yr
5 years  (5 salaries)

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₹2.9 L/yr - ₹5 L/yr
View all
Kotak Mahindra Bank Associate Manager Salary and Career Growth

From

To

Associate Manager

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1 - 8 years exp.

Deputy Manager

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0 - 13 years exp.

Associate Manager 1 - 8 years exp.
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Assistant Manager 0 - 9 years exp.
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arrow icon 7% hike
    Deputy Manager 0 - 13 years exp.
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    arrow icon 43% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Kotak Mahindra Bank

    Project Manager Salary
    (64 salaries)
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    ₹6.24 L/yr - ₹23.98 L/yr
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    ₹3.5 L/yr - ₹8 L/yr
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    ₹2.4 L/yr - ₹3 L/yr
    Project Lead Salary
    (3 salaries)
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    ₹11.65 L/yr - ₹15.5 L/yr
    Module Lead Salary
    (3 salaries)
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    ₹35.1 L/yr - ₹44.8 L/yr
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    ₹10.72 L/yr - ₹20.9 L/yr
    Test Lead Salary
    (3 salaries)
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    ₹12.5 L/yr - ₹25 L/yr
    Technical Lead Salary
    (8 salaries)
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    ₹20.2 L/yr - ₹64 L/yr
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    ₹3.25 L/yr - ₹10.51 L/yr
    Lead Engineer Salary
    (AmbitionBox Estimate)
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    ₹52.3 L/yr - ₹57.8 L/yr

    Salary related reviews for Kotak Mahindra Bank

    3.6

    Rated by 12 employees for salary & benefits

    Full Time

     · 

    Project & Program Management Department

    2.0
      •  posted on 27 Dec 2024

    2.0
     for  Salary and Benefits

    Likes

    - Business Heads and Tech Heads are supportive

    Dislikes

    - poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

    read more
    • Salary - Poor
    • +4 more

    Full Time

     · 

    Engineering - Software & QA Department

    4.0
      •  posted on 08 May 2023

    2.0
     for  Salary and Benefits

    Likes

    You get a lot of learning exposure. Job security is very good. 5 days working benefit. Overall a great experience.

    • Job security - Excellent

    Dislikes

    Newly recruited person are taken for high salary where as existing employees do not have the value. Work for 2 years and change the company we ll have dignity then. Wen required sales and when required service changes in sop very frequently. We end up learning n experience all these as well.

    read more
    • Salary - Poor
    • +1 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    2.0
      •  posted on 03 Apr 2021

    1.0
     for  Salary and Benefits

    Likes

    Job security

    • Job security - Good

    Dislikes

    Poor compensation - No increments given in 2020 despite a great year for the bank. Senior mgmt. benefits from stock options while increments and bonuses for Senior Associates/VPs are significantly lower than peers.

    read more
    • Salary - Bad
    • +3 more

    Full Time

     · 

    Production, Manufacturing & Engineering Department

    3.0
      •  posted on 08 Feb 2025

    3.0
     for  Salary and Benefits

    Likes

    It's a reputed organization. U get salary at right time.

    • Job security - Good

    Dislikes

    ...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

    read more
    • Work satisfaction - Poor
    • +2 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    1.0
      •  posted on 23 Dec 2024

    4.0
     for  Salary and Benefits

    Likes

    I am getting good salary that is the only good thing All good things a suddenly vanish with new management

    read more
    • Salary - Good
    • +1 more

    Dislikes

    No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

    read more
    • Job security - Bad
    • +2 more
    see more salary related reviews

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    Kotak Mahindra Bank Associate Manager Salary FAQs

    What is the salary of Associate Manager at Kotak Mahindra Bank?
    Associate Manager salary at Kotak Mahindra Bank in India ranges between ₹1.6 Lakhs to ₹5.1 Lakhs for experience between 1 years to 8 years. According to our estimates it is 79% less than the average Associate Manager Salary in India. Salary estimates are based on 75 latest salaries received from various employees of Kotak Mahindra Bank India.
    How does the salary of a Associate Manager at Kotak Mahindra Bank India compare with the average salary range for this job?
    The average salary of a Associate Manager at Kotak Mahindra Bank is 79% less than the average salary of a Associate Manager in India. To know exact salary insights, login to view.
    Which similar companies are paying more than Kotak Mahindra Bank to a Associate Manager in India?
    • HSBC Global Banking and Markets Associate Manager Salary - ₹15.0 Lakhs to ₹19.9 Lakhs per year
    • IDBI Bank Associate Manager Salary - ₹11.0 Lakhs to ₹18.0 Lakhs per year
    • Barclays Investment Bank Associate Manager Salary - ₹11.2 Lakhs to ₹12.0 Lakhs per year
    • State Bank of India Associate Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
    • Federal Bank Associate Manager Salary - ₹9.2 Lakhs to ₹12.0 Lakhs per year
    What is the salary of a Associate Manager in companies similar to Kotak Mahindra Bank in India?
    • Canara Bank Associate Manager Salary - ₹3.3 Lakhs to ₹9.8 Lakhs per year
    • Paytm Payments Bank Associate Manager Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
    • IndusInd Bank Associate Manager Salary - ₹1.5 Lakhs to ₹6.8 Lakhs per year
    • ICICI Bank Associate Manager Salary - ₹2.2 Lakhs to ₹7.6 Lakhs per year
    • HDFC Bank Associate Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
    What is the estimated take home salary of a Associate Manager at Kotak Mahindra Bank in India?
    The estimated take-home salary of a Associate Manager at Kotak Mahindra Bank ranges between ₹23,801 per month to ₹25,257 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Associate Manager salary in India which ranges between ₹1.6 Lakhs to ₹5.1 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
    What is the notice period for Associate Manager at Kotak Mahindra Bank?
    According to AmbitionBox, 55% of the Kotak Mahindra Bank Associate Managers reported a notice period of 1 Month, 23% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 78 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Kotak Mahindra Bank Associate Manager salary in India ranges between ₹1.6 Lakh to ₹5.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 75 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.