Kotak Mahindra Bank Branch Head and Branch Manager Salaries by 5 Employees (Updated 2024)

5 - 14 years exp.

₹6.6 Lakhs - ₹9.8 Lakhs

Low Confidence

Salary of majority employees

10% less than the average Branch Head and Branch Manager Salary in Banking Companies for 5 - 14 years of experience

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Last Updated: 21 Dec 2024

Companies similar to Kotak Mahindra Bank for Branch Head and Branch Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Head and Branch Manager Salary 11 - 18 years exp. (7 salaries)	₹8.6 L/yr - ₹13.7 L/yr 44% more
ICICI Bank Branch Head and Branch Manager Salary 8 - 15 years exp. (5 salaries)	₹9.2 L/yr - ₹15 L/yr 29% more
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Axis Bank Branch Head and Branch Manager Salary 12 - 16 years exp. (12 salaries)	₹9.9 L/yr - ₹15 L/yr 46% more
IndusInd Bank Branch Head and Branch Manager Salary 9 - 14 years exp. (5 salaries)	₹4.8 L/yr - ₹6.1 L/yr 27% less
Yes Bank Branch Head and Branch Manager Salary 9 - 11 years exp. (3 salaries)	₹7 L/yr - ₹7.5 L/yr 14% less
Bandhan Bank Branch Head and Branch Manager Salary 10 - 15 years exp. (5 salaries)	₹9.3 L/yr - ₹17 L/yr 63% more
Bank of Baroda Branch Head and Branch Manager Salary 8 - 10 years exp. (3 salaries)	₹10.7 L/yr - ₹18 L/yr 72% more

Branch Head and Branch Manager salary at Kotak Mahindra Bank ranges between ₹6.6 Lakhs to ₹9.8 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Branch Head and Branch Manager salaries

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹9.8 L/yr
6 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹14.8 L/yr
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7 years (AmbitionBox Estimate)	₹8 L/yr - ₹14.8 L/yr
8 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
10 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
12 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.5 L/yr
13 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
14 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹8.5 L/yr

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Salary related reviews for Kotak Mahindra Bank

Cluster Head in Shivamogga

Full Time

Other Department

1.0

• posted on 15 Nov 2024

1.0

for Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

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

Assistant Vice President in Ernakulam

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.

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.

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What people are saying about Kotak Mahindra Bank

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

3 participants . expiring in 1w

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Kotak Mahindra Bank Branch Head and Branch Manager Salary FAQs

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

Branch Head and Branch Manager salary at Kotak Mahindra Bank in India ranges between ₹6.6 Lakhs to ₹9.8 Lakhs for experience between 5 years to 14 years. According to our estimates it is 10% less than the average Branch Head and Branch 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 Head and Branch Manager at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Branch Head and Branch Manager at Kotak Mahindra Bank is 10% less than the average salary of a Branch Head and Branch Manager in India. To know exact salary insights, login to view.

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

Bank of Baroda Branch Head and Branch Manager Salary - ₹10.7 Lakhs to ₹18.0 Lakhs per year
Bandhan Bank Branch Head and Branch Manager Salary - ₹9.3 Lakhs to ₹17.0 Lakhs per year
Axis Bank Branch Head and Branch Manager Salary - ₹9.9 Lakhs to ₹15.0 Lakhs per year
HDFC Bank Branch Head and Branch Manager Salary - ₹8.6 Lakhs to ₹13.7 Lakhs per year
ICICI Bank Branch Head and Branch Manager Salary - ₹9.2 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Branch Head and Branch Manager in companies similar to Kotak Mahindra Bank in India?

Yes Bank Branch Head and Branch Manager Salary - ₹7.0 Lakhs to ₹7.5 Lakhs per year
IndusInd Bank Branch Head and Branch Manager Salary - ₹4.8 Lakhs to ₹6.1 Lakhs per year

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

The estimated take-home salary of a Branch Head and Branch Manager at Kotak Mahindra Bank ranges between ₹60,932 per month to ₹62,475 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Branch Head and Branch Manager salary in India which ranges between ₹6.6 Lakhs to ₹9.8 Lakhs per year for employees with experience between 5 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the Kotak Mahindra Bank Branch Head and Branch Managers reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Branch Head and Branch Manager Salaries

Kotak Mahindra Bank Branch Head and Branch Manager salary in India ranges between ₹6.6 Lakhs to ₹9.8 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.