Kotak Mahindra Bank Bank Manager Salaries by 20+ Employees (Updated 2025)

0 - 18 years exp.

₹2.4 Lakhs - ₹11 Lakhs

Salary of majority employees

26% less than the average Bank Manager Salary in Banking Companies for 0 - 18 years of experience

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Salaries in different departments

Customer Success, Service & Operations Bank Manager Salary 3 - 10 years exp. (3 salaries)	₹2.4 L/yr - ₹8 L/yr
Finance & Accounting Bank Manager Salary 3 - 12 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹10.1 L/yr
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Marketing & Communication Bank Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹9.4 L/yr
Sales & Business Development Bank Manager Salary 4 - 7 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹9.3 L/yr
BFSI, Investments & Trading Bank Manager Salary 11 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹10.2 L/yr

Last Updated: 20 Jan 2025

Companies similar to Kotak Mahindra Bank for Bank Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Bank Manager Salary 3 - 15 years exp. (60 salaries)	₹2.9 L/yr - ₹12.3 L/yr 14% more
ICICI Bank Bank Manager Salary 0 - 11 years exp. (60 salaries)	₹2.7 L/yr - ₹10.8 L/yr 1% less
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Axis Bank Bank Manager Salary 1 - 19 years exp. (60 salaries)	₹3.6 L/yr - ₹16 L/yr 37% more
State Bank of India Bank Manager Salary 0 - 31 years exp. (47 salaries)	₹7.3 L/yr - ₹25 L/yr 106% more
IndusInd Bank Bank Manager Salary 2 - 15 years exp. (24 salaries)	₹3 L/yr - ₹11.1 L/yr 8% less
Federal Bank Bank Manager Salary 6 - 13 years exp. (7 salaries)	₹10 L/yr - ₹15 L/yr 76% more
IDFC FIRST Bank Bank Manager Salary 4 - 8 years exp. (6 salaries)	₹3 L/yr - ₹6 L/yr 16% less
RBL Bank Bank Manager Salary 5 - 18 years exp. (4 salaries)	₹4.2 L/yr - ₹15.5 L/yr 35% more
Bandhan Bank Bank Manager Salary 3 - 13 years exp. (66 salaries)	₹1.8 L/yr - ₹6.5 L/yr 44% less
Canara Bank Bank Manager Salary 4 - 11 years exp. (29 salaries)	₹7 L/yr - ₹25 L/yr 122% more
Bank of Baroda Bank Manager Salary 0 - 11 years exp. (26 salaries)	₹5.6 L/yr - ₹21.8 L/yr 90% more
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South Indian Bank Bank Manager Salary 7 - 13 years exp. (21 salaries)	₹8 L/yr - ₹17 L/yr 119% more
Union Bank of India Bank Manager Salary 1 - 14 years exp. (18 salaries)	₹6 L/yr - ₹18.5 L/yr 111% more
City Union Bank Bank Manager Salary 2 - 5 years exp. (10 salaries)	₹4 L/yr - ₹5.5 L/yr 36% less
UCO Bank Bank Manager Salary 7 - 13 years exp. (8 salaries)	₹9.6 L/yr - ₹20 L/yr 105% more
IDBI Bank Bank Manager Salary 9 - 14 years exp. (6 salaries)	₹14 L/yr - ₹25 L/yr 170% more
Karur Vysya Bank Bank Manager Salary 10 - 13 years exp. (4 salaries)	₹11 L/yr - ₹16 L/yr 66% more
Jana Small Finance Bank Bank Manager Salary 12 - 14 years exp. (3 salaries)	₹2.8 L/yr - ₹6 L/yr 14% less
J&K Bank Bank Manager Salary 10 - 12 years exp. (3 salaries)	₹9 L/yr - ₹14.4 L/yr 75% more

Bank Manager salary at Kotak Mahindra Bank ranges between ₹2.4 Lakhs to ₹11 Lakhs per year for employees with less than 1 year of experience to 18 years. Salary estimates are based on 20 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Bank Manager salaries

Last Updated: 20 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹6.8 L/yr
1 year (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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2 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
3 years (4 salaries)	₹2.4 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹9.2 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹9.8 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹10.4 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10.9 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹11.5 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12.1 L/yr
10 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8 L/yr
11 years (AmbitionBox Estimate)	₹3 L/yr - ₹13.3 L/yr
12 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹13.9 L/yr
13 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.3 L/yr
14 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
15+ years (AmbitionBox Estimate)	₹3.7 L/yr - ₹15 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

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Sales Manager Salary

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₹1.2 L/yr - ₹10.02 L/yr

Finance Manager Salary

(20 salaries)

₹2.6 L/yr - ₹10.05 L/yr

Credit Manager Salary

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₹4 L/yr - ₹14.5 L/yr

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₹1.65 L/yr - ₹8.5 L/yr

Area Sales Manager Salary

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₹5.43 L/yr - ₹23 L/yr

Branch Head Salary

(274 salaries)

₹7 L/yr - ₹23 L/yr

Sales Officer Salary

(344 salaries)

₹1.4 L/yr - ₹4.33 L/yr

Branch Sales Manager Salary

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₹3.3 L/yr - ₹11.3 L/yr

Team Lead Salary

(408 salaries)

₹1.5 L/yr - ₹6.93 L/yr

Salary related reviews for Kotak Mahindra Bank

3.1

Rated by 4 employees for salary & benefits

Assistant Vice President in Ernakulam

Full Time

Finance & Accounting Department

4.0

• posted on 02 Jul 2024

1.0

for Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

Skill development - Good

+2 more

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

Salary - Bad

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 11 Jun 2024

2.0

for Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 May 2024

3.0

for Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

Skill development - Good

+1 more

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

Work satisfaction - Bad

+2 more

Deputy Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2024

2.0

for Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Job security - Good

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Skill development - Poor

+1 more

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

How to get more interview calls and which website better to upload resume

Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

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Kotak Mahindra Bank Bank Manager Salary FAQs

What is the salary of Bank Manager at Kotak Mahindra Bank?

Bank Manager salary at Kotak Mahindra Bank in India ranges between ₹2.4 Lakhs to ₹11.0 Lakhs for less than 1 year of experience to 18 years. According to our estimates it is 26% less than the average Bank Manager Salary in India. Salary estimates are based on 20 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Bank Manager at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Bank Manager at Kotak Mahindra Bank is 26% less than the average salary of a Bank Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Bank Manager in India?

IDBI Bank Bank Manager Salary - ₹14.0 Lakhs to ₹25.0 Lakhs per year
Canara Bank Bank Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
South Indian Bank Bank Manager Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year
Union Bank of India Bank Manager Salary - ₹6.0 Lakhs to ₹18.5 Lakhs per year
State Bank of India Bank Manager Salary - ₹7.3 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Bank Manager in companies similar to Kotak Mahindra Bank in India?

UCO Bank Bank Manager Salary - ₹9.6 Lakhs to ₹20.0 Lakhs per year
Bank of Baroda Bank Manager Salary - ₹5.6 Lakhs to ₹21.8 Lakhs per year
Federal Bank Bank Manager Salary - ₹10.0 Lakhs to ₹15.0 Lakhs per year
J&K Bank Bank Manager Salary - ₹9.0 Lakhs to ₹14.4 Lakhs per year
Karur Vysya Bank Bank Manager Salary - ₹11.0 Lakhs to ₹16.0 Lakhs per year

What is the estimated take home salary of a Bank Manager at Kotak Mahindra Bank in India?

The estimated take-home salary of a Bank Manager at Kotak Mahindra Bank ranges between ₹51,506 per month to ₹52,720 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Bank Manager salary in India which ranges between ₹2.4 Lakhs to ₹11.0 Lakhs per year for employees with less than 1 year of experience to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 29% of the Kotak Mahindra Bank Bank Managers reported a notice period of 1 Month, 21% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Bank Manager Salaries by Location

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Kotak Mahindra Bank Bank Manager Salaries

Kotak Mahindra Bank Bank Manager salary in India ranges between ₹2.4 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Bank Manager salaries in India

Companies similar to Kotak Mahindra Bank for Bank Manager

Latest annual salaries shared by Kotak Mahindra Bank Bank Manager

Experience wise Kotak Mahindra Bank Bank Manager salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Kotak Mahindra Bank Bank Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Bank Manager Salaries by Location