Upload Button Icon Add office photos
filter salariesFilter salaries by

Kotak Mahindra Bank Associate Manager salaries in Chennai

Annual salary range
1 - 5 years exp.
₹1.4 Lakh - ₹3.9 Lakhs
Salary of majority employees
unlock blur
unlock blur

81% less than the average Associate Manager Salary in Banking Companies for 1 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Associate Manager Salary
1 - 4 years exp. (7 salaries)
unlock-blur

₹2.5 L/yr - ₹3.9 L/yr

Customer Success, Service & Operations
Associate Manager Salary
1 - 5 years exp. (AmbitionBox Estimate)
unlock-blur

₹3.1 L/yr - ₹3.6 L/yr

BFSI, Investments & Trading
Associate Manager Salary
4 years exp. (AmbitionBox Estimate)
unlock-blur

₹1.4 L/yr - ₹3.5 L/yr

Sales & Business Development
Associate Manager Salary
4 years exp. (AmbitionBox Estimate)
unlock-blur

₹3 L/yr - ₹3.7 L/yr

Last Updated: 19 Dec 2024

Companies similar to Kotak Mahindra Bank for Associate Manager in Chennai

Logo
Kotak Mahindra Bank Associate Manager Salary

1 - 5 years exp. (12 salaries)

unlock blur

₹1.4 L/yr - ₹3.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
IndusInd Bank Associate Manager Salary

0 - 10 years exp. (458 salaries)

unlock blur

₹1.8 L/yr - ₹6.6 L/yr

arrow icon 26% more
16 job openings
Logo
IDFC FIRST Bank Associate Manager Salary

0 - 5 years exp. (30 salaries)

unlock blur

₹2.8 L/yr - ₹4 L/yr

arrow icon 9% more
3 job openings
Logo
Axis Bank Associate Manager Salary

1 - 6 years exp. (6 salaries)

unlock blur

₹3.3 L/yr - ₹5.1 L/yr

arrow icon 21% more
unlock blur

₹11.2 L/yr - ₹12 L/yr

arrow icon 265% more
Logo
Accenture Associate Manager Salary

6 - 19 years exp. (1.4k salaries)

unlock blur

₹10.2 L/yr - ₹40.2 L/yr

arrow icon 674% more
133 job openings
Associate Manager salary at Kotak Mahindra Bank ranges between ₹1.4 Lakh to ₹3.9 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 12 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Associate Manager in Chennai

3mo ago
avg blur mobile
4 years exp.
7mo ago
avg blur mobile
4 years exp.
8mo ago
avg blur mobile
4 years exp.
11mo ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
1 year exp.
1y ago
avg blur mobile
3 years exp.
1y ago
avg blur mobile
2 years exp.

Experience wise Kotak Mahindra Bank Associate Manager salaries in Chennai

Last Updated: 19 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

unlock blur

₹2.7 L/yr - ₹3.5 L/yr
2 years  (3 salaries)

unlock blur

₹2.5 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹2.8 L/yr - ₹3.6 L/yr
4 years  (4 salaries)

unlock blur

₹1.4 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹2.9 L/yr - ₹3.7 L/yr
Kotak Mahindra Bank Associate Manager Salary and Career Growth

From

To

Associate Manager

unlock blur Lakhs/yr

1 - 8 years exp.

Deputy Manager

unlock blur Lakhs/yr

0 - 13 years exp.

Associate Manager 1 - 8 years exp.
unlock blur
Assistant Manager 0 - 9 years exp.
unlock blur
arrow icon 10% hike
    Deputy Manager 0 - 13 years exp.
    unlock blur
    arrow icon 44% 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

    unlock blur
    ₹3.5 L/yr - ₹6.35 L/yr

    Salary related reviews for Kotak Mahindra Bank

    2.0

    Rated by 2 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

     · 

    Sales & Business Development Department

    1.0
      •  posted on 24 Mar 2025

    2.0
     for  Salary and Benefits

    Likes

    On time salary

    • Skill development - Good

    Dislikes

    Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

    read more
    • Salary - Poor
    • +4 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    2.0
      •  posted on 18 Mar 2025

    2.0
     for  Salary and Benefits

    Likes

    There is nothing much to like except you may see a level of job security if you're doing good in ops or sales work

    Dislikes

    Almost every aspect of the job that includes culture, managers, management, decisions, promotions, salary, all other perks, work life balance is NIL, kissing of Manger's hand may allow you to grow mostly, a company with worst management who doesn't even care for employees and men who are working hard. Please do not join if you have some other better options in hand

    read more
    • Salary - Poor
    • +5 more
    see more salary related reviews

    Discover interview dos and don'ts from real experiences

    What people are saying about Kotak Mahindra Bank

    View All
    malleshkuruva
    Verified Icon
    1w
    works at
    Kotak Mahindra Bank
    I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.
    Got a question about Kotak Mahindra Bank?
    Ask anonymously on communities.

    Kotak Mahindra Bank Associate Manager Salary FAQs

    What is the salary of Associate Manager at Kotak Mahindra Bank in Chennai?
    The average salary of a Associate Manager at Kotak Mahindra Bank in Chennai typically ranges from ₹1.4 Lakhs to ₹3.9 Lakhs per year, depending on experience (from 1 year to 5 years).

    The top 10% of Associate Manager in Chennai at Kotak Mahindra Bank earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹3.9 Lakhs per year. Associate Manager Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

    These estimates are based on salary data submitted by 10+ Kotak Mahindra Bank employees in India.
    What is the estimated take home salary of a Associate Manager at Kotak Mahindra Bank in Chennai?
    The estimated take-home salary of a Associate Manager at Kotak Mahindra Bank in Chennai typically ranges from ₹23,207 to ₹24,673 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹3.9 Lakhs per year for employees with experience ranging from 1 year to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
    Which companies offer higher salaries than Kotak Mahindra Bank for Associate Manager in India?
    Accenture ₹10.2 Lakhs to ₹40.2 Lakhs per year
    Barclays Investment Bank ₹11.2 Lakhs to ₹12.0 Lakhs per year
    IndusInd Bank ₹1.8 Lakhs to ₹6.6 Lakhs per year
    Axis Bank ₹3.3 Lakhs to ₹5.1 Lakhs per year
    IDFC FIRST Bank ₹2.8 Lakhs to ₹4.0 Lakhs per year

    These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.
    How the salary growth look like for a Associate Manager at Kotak Mahindra Bank in Chennai?
    The salary growth for a Associate Manager at Kotak Mahindra Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Associate Manager in Chennai can expect the following growth trajectory at Kotak Mahindra Bank:

    Experience Average Salary Range
    1 year ₹2.7 Lakhs to ₹3.5 Lakhs per year
    2 years ₹2.5 Lakhs to ₹5.5 Lakhs per year
    3 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
    4 years ₹1.4 Lakhs to ₹3.9 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Kotak Mahindra Bank Associate Manager salary in Chennai ranges between ₹1.4 Lakh to ₹3.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.