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Kotak Mahindra Bank Banking Relationship Manager salaries in India

Annual salary range
1 - 8 years exp.
₹2 Lakhs - ₹8.5 Lakhs
Salary of majority employees
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6% more than the average Banking Relationship Manager Salary in Banking Companies for 1 - 8 years of experience

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Salaries in different departments

Sales & Business Development
Banking Relationship Manager Salary
2 - 8 years exp. (9 salaries)
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₹3 L/yr - ₹6.3 L/yr

BFSI, Investments & Trading
Banking Relationship Manager Salary
3 - 6 years exp. (8 salaries)
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₹3.9 L/yr - ₹8.5 L/yr

Customer Success, Service & Operations
Banking Relationship Manager Salary
1 - 8 years exp. (3 salaries)
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₹2.5 L/yr - ₹7 L/yr

Finance & Accounting
Banking Relationship Manager Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹6 L/yr

Last Updated: 4 Jan 2025

Companies similar to Kotak Mahindra Bank for Banking Relationship Manager

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

1 - 11 years exp. (78 salaries)

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₹2.4 L/yr - ₹9.5 L/yr

arrow icon 22% more
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ICICI Bank Banking Relationship Manager Salary

0 - 4 years exp. (119 salaries)

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₹1.5 L/yr - ₹6.3 L/yr

arrow icon 15% less
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Axis Bank Banking Relationship Manager Salary

0 - 9 years exp. (74 salaries)

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₹1.5 L/yr - ₹9 L/yr

arrow icon 2% more
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₹3.1 L/yr - ₹12.8 L/yr

arrow icon 85% more
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₹2.1 L/yr - ₹6.5 L/yr

arrow icon 10% less
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Yes Bank Banking Relationship Manager Salary

0 - 9 years exp. (12 salaries)

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₹3.5 L/yr - ₹8.3 L/yr

arrow icon 22% more
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₹3 L/yr - ₹5.1 L/yr

arrow icon 6% less
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RBL Bank Banking Relationship Manager Salary

0 - 6 years exp. (5 salaries)

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₹3.5 L/yr - ₹5.2 L/yr

arrow icon 8% more
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₹1.8 L/yr - ₹6 L/yr

arrow icon 18% less
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₹3.5 L/yr - ₹6 L/yr

arrow icon 4% more
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₹1.5 L/yr - ₹3.4 L/yr

arrow icon 38% less
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₹2.9 L/yr - ₹4.5 L/yr

arrow icon 8% less
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₹2.4 L/yr - ₹4 L/yr

arrow icon 28% less
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₹2 L/yr - ₹2.8 L/yr

arrow icon 46% less
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IDBI Bank Banking Relationship Manager Salary

7 - 15 years exp. (3 salaries)

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₹3.5 L/yr - ₹15 L/yr

arrow icon 120% more
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₹3.3 L/yr - ₹3.3 L/yr

arrow icon 24% less
Banking Relationship Manager salary at Kotak Mahindra Bank ranges between ₹2 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 47 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Banking Relationship Manager

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Experience wise Kotak Mahindra Bank Banking Relationship Manager salaries

Last Updated: 4 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.5 L/yr - ₹6.3 L/yr
2 years  (4 salaries)

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₹2.4 L/yr - ₹6.7 L/yr
3 years  (10 salaries)

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₹2 L/yr - ₹5 L/yr
4 years  (8 salaries)

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₹3.3 L/yr - ₹6 L/yr
5 years  (8 salaries)

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₹3.3 L/yr - ₹5.7 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

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₹1.8 L/yr - ₹6.75 L/yr
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₹1.6 L/yr - ₹10 L/yr
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₹2 L/yr - ₹10 L/yr
Branch Manager Salary
(1k salaries)
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₹6.78 L/yr - ₹25.56 L/yr
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₹1.5 L/yr - ₹8 L/yr
Sales Manager Salary
(766 salaries)
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₹1.2 L/yr - ₹11 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Deputy Manager Salary
(11.3k salaries)
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₹1.65 L/yr - ₹8 L/yr
Customer Success Manager Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr
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₹1.2 L/yr - ₹3.6 L/yr

Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 9 employees for salary & benefits

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

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.

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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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Full Time

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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.

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.

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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.

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.

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Kotak Mahindra Bank Banking Relationship Manager Salary FAQs

What is the salary of Banking Relationship Manager at Kotak Mahindra Bank?
Banking Relationship Manager salary at Kotak Mahindra Bank in India ranges between ₹2.0 Lakhs to ₹8.5 Lakhs for experience between 1 years to 8 years. According to our estimates it is 6% more than the average Banking Relationship Manager Salary in India. Salary estimates are based on 47 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Banking Relationship Manager at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Banking Relationship Manager at Kotak Mahindra Bank is 6% more than the average salary of a Banking Relationship Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Banking Relationship Manager in India?
  • IDBI Bank Banking Relationship Manager Salary - ₹3.5 Lakhs to ₹15.0 Lakhs per year
  • State Bank of India Banking Relationship Manager Salary - ₹3.1 Lakhs to ₹12.8 Lakhs per year
  • HDFC Bank Banking Relationship Manager Salary - ₹2.4 Lakhs to ₹9.5 Lakhs per year
  • Yes Bank Banking Relationship Manager Salary - ₹3.5 Lakhs to ₹8.3 Lakhs per year
  • RBL Bank Banking Relationship Manager Salary - ₹3.5 Lakhs to ₹5.2 Lakhs per year
What is the salary of a Banking Relationship Manager in companies similar to Kotak Mahindra Bank in India?
  • City Union Bank Banking Relationship Manager Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year
  • Axis Bank Banking Relationship Manager Salary - ₹1.5 Lakhs to ₹9.0 Lakhs per year
  • IDFC FIRST Bank Banking Relationship Manager Salary - ₹3.0 Lakhs to ₹5.1 Lakhs per year
  • Ujjivan Small Finance Bank Banking Relationship Manager Salary - ₹2.9 Lakhs to ₹4.5 Lakhs per year
  • IndusInd Bank Banking Relationship Manager Salary - ₹2.1 Lakhs to ₹6.5 Lakhs per year
What is the estimated take home salary of a Banking Relationship Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Banking Relationship Manager at Kotak Mahindra Bank ranges between ₹32,017 per month to ₹33,301 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Banking Relationship Manager salary in India which ranges between ₹2.0 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Banking Relationship Manager at Kotak Mahindra Bank?
According to AmbitionBox, 48% of the Kotak Mahindra Bank Banking Relationship Managers reported a notice period of 1 Month, 31% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 66 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Banking Relationship Manager salary in India ranges between ₹2 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 47 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.