Kotak Mahindra Bank Indore Associate Manager Salaries by 2 Employees (Updated 2025)

4 - 5 years exp.

₹3.2 Lakhs - ₹4.1 Lakhs

Low Confidence

Salary of majority employees

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Salaries in different departments

BFSI, Investments & Trading Associate Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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Sales & Business Development Associate Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹5 L/yr

Last Updated: 5 May 2024

Companies similar to Kotak Mahindra Bank for Associate Manager in Indore

Kotak Mahindra Bank Associate Manager Salary

4 - 5 years exp. (AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Company name	Avg Annual Salary	Open Jobs
DXC Technology Associate Manager Salary 11 - 18 years exp. (19 salaries)	₹9.8 L/yr - ₹30 L/yr 520% more	8 job openings
Kirloskar Brothers Associate Manager Salary 7 - 14 years exp. (15 salaries)	₹6.3 L/yr - ₹11 L/yr 179% more
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ICICI Prudential Life Insurance Associate Manager Salary 2 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹3.5 L/yr 7% less
Rajratan Global Wire Associate Manager Salary 3 - 12 years exp. (4 salaries)	₹6.5 L/yr - ₹8 L/yr 98% more
Crompton Greaves Consumer Electricals Associate Manager Salary 6 - 9 years exp. (4 salaries)	₹8 L/yr - ₹15.5 L/yr 217% more

Associate Manager salary at Kotak Mahindra Bank ranges between ₹3.2 Lakhs to ₹4.1 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindra Bank.

Salary related reviews for Kotak Mahindra Bank

Principal Software Engineer in Bangalore / Bengaluru

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

Team Lead in Bangalore / Bengaluru

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.

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.

Senior Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Apr 2021

1.0

for Salary and Benefits

Likes

Job security

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.

Deputy Vice President in Indore

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

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

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank Associate Manager Salary FAQs

What is the notice period for Associate Manager at Kotak Mahindra Bank in Indore?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Associate Managers in Indore reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Associate Manager Salaries in Indore

Kotak Mahindra Bank Associate Manager salary in Indore ranges between ₹3.2 Lakhs to ₹4.1 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.