Kotak Mahindra Bank Branch Banking Manager Salaries by 5 Employees (Updated 2025)

3 - 8 years exp.

₹5 Lakhs - ₹5.8 Lakhs

Low Confidence

Salary of majority employees

15% less than the average Branch Banking Manager Salary in Banking Companies for 3 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Branch Banking Manager Salary 6 - 8 years exp. (3 salaries)	₹5 L/yr - ₹5.6 L/yr
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Marketing & Communication Branch Banking Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹5.8 L/yr

Last Updated: 18 Aug 2024

Companies similar to Kotak Mahindra Bank for Branch Banking Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Banking Manager Salary 8 - 18 years exp. (5 salaries)	₹7 L/yr - ₹11 L/yr 57% more
ICICI Bank Branch Banking Manager Salary 6 - 12 years exp. (5 salaries)	₹3.8 L/yr - ₹7.6 L/yr 18% more
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Axis Bank Branch Banking Manager Salary 4 - 12 years exp. (6 salaries)	₹3 L/yr - ₹7.5 L/yr 19% more
IndusInd Bank Branch Banking Manager Salary 7 - 12 years exp. (3 salaries)	₹6.7 L/yr - ₹8.6 L/yr 42% more
Ujjivan Small Finance Bank Branch Banking Manager Salary 8 - 14 years exp. (3 salaries)	₹5.9 L/yr - ₹13 L/yr 103% more

Branch Banking Manager salary at Kotak Mahindra Bank ranges between ₹5 Lakhs to ₹5.8 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Branch Banking Manager salaries

Last Updated: 18 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.8 L/yr
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5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.5 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.4 L/yr
8 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.6 L/yr

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(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

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Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 1 employees for salary & benefits

Deputy Branch Manager in Ahmedabad

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.

Operations Manager in Goregaon

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

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.

Dislikes

Salary, promortion - these are the worst over here.

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.

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.

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.

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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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank Branch Banking Manager Salary FAQs

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

Branch Banking Manager salary at Kotak Mahindra Bank in India ranges between ₹5.0 Lakhs to ₹5.8 Lakhs for experience between 3 years to 8 years. According to our estimates it is 15% less than the average Branch Banking Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Branch Banking Manager at Kotak Mahindra Bank is 15% less than the average salary of a Branch Banking Manager in India. To know exact salary insights, login to view.

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

Ujjivan Small Finance Bank Branch Banking Manager Salary - ₹5.9 Lakhs to ₹13.0 Lakhs per year
HDFC Bank Branch Banking Manager Salary - ₹7.0 Lakhs to ₹11.0 Lakhs per year
IndusInd Bank Branch Banking Manager Salary - ₹6.7 Lakhs to ₹8.6 Lakhs per year
Axis Bank Branch Banking Manager Salary - ₹3.0 Lakhs to ₹7.5 Lakhs per year
ICICI Bank Branch Banking Manager Salary - ₹3.8 Lakhs to ₹7.6 Lakhs per year

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

The estimated take-home salary of a Branch Banking Manager at Kotak Mahindra Bank ranges between ₹39,415 per month to ₹40,589 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Branch Banking Manager salary in India which ranges between ₹5.0 Lakhs to ₹5.8 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Kotak Mahindra Bank Branch Banking Managers reported a notice period of 3 Months, 33% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Branch Banking Manager Salaries

Kotak Mahindra Bank Branch Banking Manager salary in India ranges between ₹5 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.