Upload Button Icon Add office photos
filter salariesFilter salaries by

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

Annual salary range
0 - 18 years exp.
₹2.4 Lakhs - ₹12.2 Lakhs
Salary of majority employees
unlock blur
unlock blur

23% less than the average Bank Manager Salary in Banking Companies for 0 - 18 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations
Bank Manager Salary
3 - 10 years exp. (3 salaries)
unlock-blur

₹7.2 L/yr - ₹12.1 L/yr

Marketing & Communication
Bank Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
unlock-blur

₹4 L/yr - ₹8 L/yr

Sales & Business Development
Bank Manager Salary
4 - 7 years exp. (AmbitionBox Estimate)
unlock-blur

₹3.7 L/yr - ₹7.9 L/yr

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

₹7.8 L/yr - ₹14 L/yr

Finance & Accounting
Bank Manager Salary
3 years exp. (AmbitionBox Estimate)
unlock-blur

₹5.2 L/yr - ₹7.9 L/yr

Last Updated: 20 Jan 2025

Companies similar to Kotak Mahindra Bank for Bank Manager

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

3 - 15 years exp. (63 salaries)

unlock blur

₹2.9 L/yr - ₹12.2 L/yr

arrow icon 5% more
Logo
ICICI Bank Bank Manager Salary

0 - 11 years exp. (63 salaries)

unlock blur

₹2.7 L/yr - ₹10.7 L/yr

arrow icon 7% less
Logo
Axis Bank Bank Manager Salary

3 - 19 years exp. (52 salaries)

unlock blur

₹4.7 L/yr - ₹17 L/yr

arrow icon 45% more
Logo
State Bank of India Bank Manager Salary

0 - 31 years exp. (46 salaries)

unlock blur

₹8.1 L/yr - ₹23.8 L/yr

arrow icon 94% more
Logo
IndusInd Bank Bank Manager Salary

2 - 15 years exp. (24 salaries)

unlock blur

₹3 L/yr - ₹10.1 L/yr

arrow icon 16% less
Logo
Federal Bank Bank Manager Salary

6 - 13 years exp. (7 salaries)

unlock blur

₹10 L/yr - ₹15 L/yr

arrow icon 68% more
Logo
IDFC FIRST Bank Bank Manager Salary

4 - 8 years exp. (6 salaries)

unlock blur

₹3 L/yr - ₹6 L/yr

arrow icon 20% less
Logo
RBL Bank Bank Manager Salary

5 - 18 years exp. (4 salaries)

unlock blur

₹4.2 L/yr - ₹15.5 L/yr

arrow icon 29% more
Logo
Bandhan Bank Bank Manager Salary

3 - 13 years exp. (71 salaries)

unlock blur

₹1.8 L/yr - ₹6.2 L/yr

arrow icon 45% less
Logo
Canara Bank Bank Manager Salary

4 - 11 years exp. (29 salaries)

unlock blur

₹7 L/yr - ₹25 L/yr

arrow icon 117% more
Logo
Bank of Baroda Bank Manager Salary

0 - 11 years exp. (27 salaries)

unlock blur

₹6 L/yr - ₹21.6 L/yr

arrow icon 74% more
Logo
South Indian Bank Bank Manager Salary

7 - 14 years exp. (22 salaries)

unlock blur

₹8 L/yr - ₹17 L/yr

arrow icon 107% more
Logo
Union Bank of India Bank Manager Salary

1 - 14 years exp. (17 salaries)

unlock blur

₹6 L/yr - ₹20 L/yr

arrow icon 97% more
Logo
City Union Bank Bank Manager Salary

2 - 6 years exp. (10 salaries)

unlock blur

₹4 L/yr - ₹5.5 L/yr

arrow icon 38% less
Logo
UCO Bank Bank Manager Salary

7 - 13 years exp. (8 salaries)

unlock blur

₹9.6 L/yr - ₹20 L/yr

arrow icon 87% more
Logo
Karur Vysya Bank Bank Manager Salary

10 - 13 years exp. (4 salaries)

unlock blur

₹11 L/yr - ₹16 L/yr

arrow icon 59% more
Logo
Jana Small Finance Bank Bank Manager Salary

12 - 14 years exp. (3 salaries)

unlock blur

₹2.8 L/yr - ₹6 L/yr

arrow icon 18% less
Logo
J&K Bank Bank Manager Salary

10 - 12 years exp. (3 salaries)

unlock blur

₹9 L/yr - ₹14.4 L/yr

arrow icon 67% more
Bank Manager salary at Kotak Mahindra Bank ranges between ₹2.4 Lakhs to ₹12.2 Lakhs per year for employees with less than 1 year of experience to 18 years. Salary estimates are based on 18 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Bank Manager

1mo ago
avg blur mobile
6 years exp.
6mo ago
avg blur mobile
5 years exp.
8mo ago
avg blur mobile
8 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
5 months exp.
1y ago
avg blur mobile
3 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
18 years exp.
1y ago
avg blur mobile
3 months exp.
1y ago
avg blur mobile
5 years exp.

Experience wise Kotak Mahindra Bank Bank Manager salaries

Last Updated: 20 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

unlock blur

₹3 L/yr - ₹8.3 L/yr
1 year (AmbitionBox Estimate)

unlock blur

₹4.4 L/yr - ₹5.6 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹4.6 L/yr - ₹5.9 L/yr
3 years  (4 salaries)

unlock blur

₹2.4 L/yr - ₹9.8 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹2.4 L/yr - ₹10.3 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Branch Manager Salary
(1k salaries)
unlock blur
₹7 L/yr - ₹26 L/yr
Sales Manager Salary
(868 salaries)
unlock blur
₹2.04 L/yr - ₹10 L/yr
Finance Manager Salary
(20 salaries)
unlock blur
₹2.6 L/yr - ₹10.05 L/yr
Credit Manager Salary
(1k salaries)
unlock blur
₹3.8 L/yr - ₹15 L/yr
Deputy Manager Salary
(11.3k salaries)
unlock blur
₹1.65 L/yr - ₹8.5 L/yr
unlock blur
₹5.37 L/yr - ₹23 L/yr
Branch Head Salary
(276 salaries)
unlock blur
₹7.9 L/yr - ₹25 L/yr
Sales Officer Salary
(343 salaries)
unlock blur
₹1.15 L/yr - ₹4.3 L/yr
unlock blur
₹3 L/yr - ₹11.3 L/yr
Team Lead Salary
(422 salaries)
unlock blur
₹1.5 L/yr - ₹6.76 L/yr

Salary related reviews for Kotak Mahindra Bank

3.1

Rated by 4 employees for salary & benefits

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.

read more
  • Salary - Bad

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.

read more
  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more

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.

read more
  • 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.

read more
  • Work satisfaction - Bad
  • +2 more

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.

read more
  • Salary - Poor
  • +4 more

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.

read more
  • Skill development - Poor
  • +1 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Kotak Mahindra Bank Bank Manager Salary FAQs

What is the salary of Bank Manager at Kotak Mahindra Bank ?
The average salary of a Bank Manager at Kotak Mahindra Bank in India typically ranges from ₹2.4 Lakhs to ₹12.2 Lakhs per year, depending on experience (from Fresher to 18 years).

The top 10% of Bank Manager at Kotak Mahindra Bank earn more than ₹12.2 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Bank 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 Bank Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Bank Manager at Kotak Mahindra Bank in India typically ranges from ₹52,880 to ₹54,195 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹12.2 Lakhs per year for employees with experience ranging from Fresher to 18 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 Bank Manager in India?
Canara Bank ₹7.0 Lakhs to ₹25.0 Lakhs per year
South Indian Bank ₹8.0 Lakhs to ₹17.0 Lakhs per year
Union Bank of India ₹6.0 Lakhs to ₹20.0 Lakhs per year
State Bank of India ₹8.1 Lakhs to ₹23.8 Lakhs per year
UCO Bank ₹9.6 Lakhs to ₹20.0 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.
What is the salary of a Bank Manager in companies similar to Kotak Mahindra Bank in India?
The salary of a Bank Manager at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bank of Baroda ₹6.0 Lakhs to ₹21.6 Lakhs per year
Federal Bank ₹10.0 Lakhs to ₹15.0 Lakhs per year
J&K Bank ₹9.0 Lakhs to ₹14.4 Lakhs per year
Karur Vysya Bank ₹11.0 Lakhs to ₹16.0 Lakhs per year
Axis Bank ₹4.7 Lakhs to ₹17.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Bank Manager at Kotak Mahindra Bank in India?
The salary growth for a Bank Manager at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Bank Manager can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
Fresher ₹3.0 Lakhs to ₹8.3 Lakhs per year
1 year ₹4.4 Lakhs to ₹5.6 Lakhs per year
2 years ₹4.6 Lakhs to ₹5.9 Lakhs per year
3 years ₹2.4 Lakhs to ₹9.8 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Bank Manager salary in India ranges between ₹2.4 Lakhs to ₹12.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.