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Kotak Mahindra Bank Banking Operations Manager salaries in India

Annual salary range
0 - 15 years exp.
₹2.8 Lakhs - ₹9.5 Lakhs
Salary of majority employees
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16% less than the average Banking Operations Manager Salary in Banking Companies for 0 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Banking Operations Manager Salary
0 - 15 years exp. (12 salaries)
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₹2.8 L/yr - ₹9.5 L/yr

Customer Success, Service & Operations
Banking Operations Manager Salary
3 - 6 years exp. (3 salaries)
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₹3.2 L/yr - ₹7.1 L/yr

Last Updated: 6 Dec 2024

Companies similar to Kotak Mahindra Bank for Banking Operations Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Banking Operations Manager Salary

2 - 19 years exp. (50 salaries)

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₹2.1 L/yr - ₹9.8 L/yr

arrow icon 14% more
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ICICI Bank Banking Operations Manager Salary

1 - 8 years exp. (46 salaries)

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₹2.4 L/yr - ₹8 L/yr

arrow icon 7% less
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Axis Bank Banking Operations Manager Salary

2 - 10 years exp. (39 salaries)

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₹2 L/yr - ₹8 L/yr

arrow icon 4% more
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₹5.4 L/yr - ₹17.4 L/yr

arrow icon 106% more
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IndusInd Bank Banking Operations Manager Salary

2 - 14 years exp. (19 salaries)

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₹3 L/yr - ₹10.5 L/yr

arrow icon 1% more
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Yes Bank Banking Operations Manager Salary

0 - 15 years exp. (9 salaries)

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₹2.5 L/yr - ₹8 L/yr

At par
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₹3.5 L/yr - ₹6.5 L/yr

arrow icon 8% less
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RBL Bank Banking Operations Manager Salary

4 - 10 years exp. (6 salaries)

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₹3.2 L/yr - ₹7.5 L/yr

arrow icon 1% more
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Bandhan Bank Banking Operations Manager Salary

2 - 12 years exp. (13 salaries)

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₹2.5 L/yr - ₹5 L/yr

arrow icon 19% less
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IDBI Bank Banking Operations Manager Salary

6 - 16 years exp. (4 salaries)

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₹15 L/yr - ₹18 L/yr

arrow icon 200% more
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₹10 L/yr - ₹13 L/yr

arrow icon 107% more
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₹7.3 L/yr - ₹16.5 L/yr

arrow icon 131% more
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₹2 L/yr - ₹4.3 L/yr

arrow icon 53% less
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₹7 L/yr - ₹13 L/yr

arrow icon 63% more
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₹10.3 L/yr - ₹18 L/yr

arrow icon 179% more
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₹4 L/yr - ₹13 L/yr

arrow icon 31% more
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₹3.5 L/yr - ₹7.8 L/yr

arrow icon 3% more
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₹3.4 L/yr - ₹5.5 L/yr

arrow icon 19% less
Banking Operations Manager salary at Kotak Mahindra Bank ranges between ₹2.8 Lakhs to ₹9.5 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 21 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Banking Operations Manager

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5 years exp.
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9 years exp.
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15 years exp.
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Experience wise Kotak Mahindra Bank Banking Operations Manager salaries

Last Updated: 6 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.8 L/yr - ₹8 L/yr
1 year (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.3 L/yr
2 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

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₹5.2 L/yr - ₹15.25 L/yr
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₹2 L/yr - ₹10 L/yr
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₹2.8 L/yr - ₹4.92 L/yr
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₹1.6 L/yr - ₹10 L/yr
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₹4.04 L/yr - ₹16 L/yr
Program Manager Salary
(10 salaries)
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₹7 L/yr - ₹20 L/yr
Branch Manager Salary
(1k salaries)
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₹6.81 L/yr - ₹25.56 L/yr
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₹1.5 L/yr - ₹8 L/yr
Delivery Manager Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr
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₹2.15 L/yr - ₹6.8 L/yr

Salary related reviews for Kotak Mahindra Bank

3.4

Rated by 5 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 24 Nov 2024

2.0
 for  Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 06 Nov 2024

1.0
 for  Salary and Benefits

Likes

There is no work pressure its harmful for your future

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

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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

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.

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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.

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Dislikes

Salary, promortion - these are the worst over here.

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

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.

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Kotak Mahindra Bank Banking Operations Manager Salary FAQs

What is the salary of Banking Operations Manager at Kotak Mahindra Bank?
Banking Operations Manager salary at Kotak Mahindra Bank in India ranges between ₹2.8 Lakhs to ₹9.5 Lakhs for less than 1 year of experience to 15 years. According to our estimates it is 16% less than the average Banking Operations Manager Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Banking Operations Manager at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Banking Operations Manager at Kotak Mahindra Bank is 16% less than the average salary of a Banking Operations Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Banking Operations Manager in India?
  • IDBI Bank Banking Operations Manager Salary - ₹15.0 Lakhs to ₹18.0 Lakhs per year
  • Union Bank of India Banking Operations Manager Salary - ₹10.3 Lakhs to ₹18.0 Lakhs per year
  • Bank of Baroda Banking Operations Manager Salary - ₹7.3 Lakhs to ₹16.5 Lakhs per year
  • South Indian Bank Banking Operations Manager Salary - ₹10.0 Lakhs to ₹13.0 Lakhs per year
  • State Bank of India Banking Operations Manager Salary - ₹5.4 Lakhs to ₹17.4 Lakhs per year
What is the salary of a Banking Operations Manager in companies similar to Kotak Mahindra Bank in India?
  • Karur Vysya Bank Banking Operations Manager Salary - ₹7.0 Lakhs to ₹13.0 Lakhs per year
  • Ujjivan Small Finance Bank Banking Operations Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
  • HDFC Bank Banking Operations Manager Salary - ₹2.1 Lakhs to ₹9.8 Lakhs per year
  • Axis Bank Banking Operations Manager Salary - ₹2.0 Lakhs to ₹8.0 Lakhs per year
  • Utkarsh Small Finance Bank Banking Operations Manager Salary - ₹3.5 Lakhs to ₹7.8 Lakhs per year
What is the estimated take home salary of a Banking Operations Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Banking Operations Manager at Kotak Mahindra Bank ranges between ₹41,798 per month to ₹42,937 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Banking Operations Manager salary in India which ranges between ₹2.8 Lakhs to ₹9.5 Lakhs per year for employees with less than 1 year of experience to 15 years. Check how did we calculate take home salary?
What is the notice period for Banking Operations Manager at Kotak Mahindra Bank?
According to AmbitionBox, 76% of the Kotak Mahindra Bank Banking Operations Managers reported a notice period of 3 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 25 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Banking Operations Manager salary in India ranges between ₹2.8 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 21 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.