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Kotak Mahindra Bank Banking Operations Manager salaries in Chennai

Annual salary range
6 - 15 years exp.
₹4.2 Lakhs - ₹9.5 Lakhs
Salary of majority employees
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10% less than the average Banking Operations Manager Salary in Banking Companies for 6 - 15 years of experience

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Last Updated: 2 Jul 2024

Companies similar to Kotak Mahindra Bank for Banking Operations Manager in Chennai

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Kotak Mahindra Bank Banking Operations Manager Salary

6 - 15 years exp. (6 salaries)

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₹4.2 L/yr - ₹9.5 L/yr

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

1 - 12 years exp. (7 salaries)

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₹2.5 L/yr - ₹10 L/yr

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ICICI Bank Banking Operations Manager Salary

2 - 6 years exp. (4 salaries)

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₹3.1 L/yr - ₹4.8 L/yr

arrow icon 13% less
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Axis Bank Banking Operations Manager Salary

2 - 8 years exp. (5 salaries)

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₹3.5 L/yr - ₹6.9 L/yr

arrow icon 7% less
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Yes Bank Banking Operations Manager Salary

5 - 8 years exp. (3 salaries)

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₹3.1 L/yr - ₹6 L/yr

arrow icon 3% more
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₹3.2 L/yr - ₹5.5 L/yr

arrow icon 24% less
Banking Operations Manager salary at Kotak Mahindra Bank ranges between ₹4.2 Lakhs to ₹9.5 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Banking Operations Manager in Chennai

6mo ago
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15 years exp.
1y ago
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14 years exp.
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14 years exp.
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6 years exp.

Experience wise Kotak Mahindra Bank Banking Operations Manager salaries in Chennai

Last Updated: 2 Jul 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹2 L/yr - ₹7.1 L/yr
7 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
8 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr
9 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.3 L/yr
10 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

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₹2 L/yr - ₹11 L/yr
Branch Manager Salary
(37 salaries)
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₹9 L/yr - ₹20 L/yr
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₹4.1 L/yr - ₹6.75 L/yr
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₹3.8 L/yr - ₹12 L/yr
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₹4.5 L/yr - ₹6.7 L/yr
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₹7.35 L/yr - ₹14 L/yr

Salary related reviews for Kotak Mahindra Bank

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 Chennai?
Banking Operations Manager salary at Kotak Mahindra Bank in Chennai ranges between ₹4.2 Lakhs to ₹9.5 Lakhs for experience between 6 years to 15 years. According to our estimates it is 10% less than the average Banking Operations Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank Chennai.
How does the salary of a Banking Operations Manager at Kotak Mahindra Bank Chennai compare with the average salary range for this job?
The average salary of a Banking Operations Manager at Kotak Mahindra Bank is 10% less than the average salary of a Banking Operations Manager in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Banking Operations Manager in Chennai?
  • Yes Bank Banking Operations Manager Salary - ₹3.1 Lakhs to ₹6.0 Lakhs per year
  • HDFC Bank Banking Operations Manager Salary - ₹2.5 Lakhs to ₹10.0 Lakhs per year
What is the salary of a Banking Operations Manager in companies similar to Kotak Mahindra Bank in Chennai?
  • Axis Bank Banking Operations Manager Salary - ₹3.5 Lakhs to ₹6.9 Lakhs per year
  • ICICI Bank Banking Operations Manager Salary - ₹3.1 Lakhs to ₹4.8 Lakhs per year
  • Kotak Mahindra Prime Banking Operations Manager Salary - ₹3.2 Lakhs to ₹5.5 Lakhs per year
What is the estimated take home salary of a Banking Operations Manager at Kotak Mahindra Bank in Chennai?
The estimated take-home salary of a Banking Operations Manager at Kotak Mahindra Bank ranges between ₹39,356 per month to ₹40,531 per month in Chennai. The take-home salary calculation is based on the average Kotak Mahindra Bank Banking Operations Manager salary in India which ranges between ₹4.2 Lakhs to ₹9.5 Lakhs per year for employees with experience between 6 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Banking Operations Manager at Kotak Mahindra Bank in Chennai?
According to AmbitionBox, 80% of the Kotak Mahindra Bank Banking Operations Managers in Chennai reported a notice period of 3 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Banking Operations Manager salary in Chennai ranges between ₹4.2 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.