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Kotak Mahindra Bank Branch Head salaries in Indore

Annual salary range
9 - 15 years exp.
₹12.5 Lakhs - ₹16 Lakhs
Salary of majority employees
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35% more than the average Branch Head Salary in Banking Companies for 9 - 15 years of experience

Interested in this particular role?

Last Updated: 9 Oct 2024

Companies similar to Kotak Mahindra Bank for Branch Head in Indore

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Kotak Mahindra Bank Branch Head Salary

9 - 15 years exp. (6 salaries)

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₹12.5 L/yr - ₹16 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Branch Head Salary

10 - 20 years exp. (25 salaries)

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₹8 L/yr - ₹19 L/yr

arrow icon 3% more
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IndusInd Bank Branch Head Salary

6 - 18 years exp. (21 salaries)

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₹4.2 L/yr - ₹16.1 L/yr

arrow icon 35% less
1 job opening
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ICICI Bank Branch Head Salary

8 - 18 years exp. (13 salaries)

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₹7.4 L/yr - ₹21 L/yr

arrow icon 4% less
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Jana Small Finance Bank Branch Head Salary

6 - 15 years exp. (7 salaries)

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₹4.3 L/yr - ₹10.2 L/yr

arrow icon 58% less
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Ujjivan Small Finance Bank Branch Head Salary

9 - 11 years exp. (5 salaries)

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₹8.5 L/yr - ₹11 L/yr

arrow icon 31% less
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Utkarsh Small Finance Bank Branch Head Salary

11 - 15 years exp. (4 salaries)

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₹9 L/yr - ₹12.5 L/yr

arrow icon 36% less
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IDFC FIRST Bank Branch Head Salary

14 - 18 years exp. (3 salaries)

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₹9 L/yr - ₹17.3 L/yr

arrow icon 3% more
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Federal Bank Branch Head Salary

4 - 9 years exp. (3 salaries)

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₹12 L/yr - ₹17.3 L/yr

arrow icon 2% more
Branch Head salary at Kotak Mahindra Bank ranges between ₹12.5 Lakhs to ₹16 Lakhs per year for employees with experience between 9 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 Branch Head in Indore

5mo ago
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14 years exp.
8mo ago
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13 years exp.

Experience wise Kotak Mahindra Bank Branch Head salaries in Indore

Last Updated: 9 Oct 2024

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹11.8 L/yr - ₹15.1 L/yr
10 years (AmbitionBox Estimate)

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₹12.2 L/yr - ₹15.6 L/yr
11 years (AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.2 L/yr
12 years (AmbitionBox Estimate)

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₹13 L/yr - ₹16.7 L/yr
13 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.2 L/yr
View all
Kotak Mahindra Bank Branch Head Salary and Career Growth

From

To

Branch Head

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9 - 18 years exp.

Regional Sales Manager

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13 - 21 years exp.

Branch Head 9 - 18 years exp.
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Area Business Manager 8 - 19 years exp.
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arrow icon 12% hike
    Regional Sales Manager 13 - 21 years exp.
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    arrow icon 53% hike

    From

    To

    Branch Head

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    9 - 18 years exp.

    Senior Vice President

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    15 - 24 years exp.

    From

    To

    Branch Head

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    9 - 18 years exp.

    Senior Regional Business Manager

    Salary unavailable
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Kotak Mahindra Bank

    Branch Manager Salary
    (33 salaries)
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    ₹8.75 L/yr - ₹20 L/yr
    Sales Manager Salary
    (27 salaries)
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    ₹1.8 L/yr - ₹9.5 L/yr
    Cluster Head Salary
    (3 salaries)
    unlock blur
    ₹6.05 L/yr - ₹11.79 L/yr

    Top skills at Kotak Mahindra Bank for Branch Head

    Branch Banking Branch Management Casa Heading Branch Team Handling Branch Handling Sales Retail Liabilities Branch Sales Branch Operations

    Salary related reviews for Kotak Mahindra Bank

    Full Time

     · 

    Sales & Business Development Department

    1.0
      •  posted on 02 Mar 2025

    2.0
     for  Salary and Benefits

    Likes

    I don't remember a single thing which gave me a satisfaction

    Dislikes

    Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

    read more
    • Salary - Poor
    • +6 more

    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.

    read more
    • Salary - Poor
    • +4 more

    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

    read more

    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

    read more
    • Salary - Bad
    • +6 more

    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

    • Job security - Excellent

    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

    read more
    • Salary - Bad
    • +5 more

    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

    • Skill development - Good
    • +2 more

    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.

    read more
    • Salary - Bad
    see more salary related reviews

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    What people are saying about Kotak Mahindra Bank

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    malleshkuruva
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    Kotak Mahindra Bank
    I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.
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    Kotak Mahindra Bank Branch Head Salary FAQs

    What is the salary of Branch Head at Kotak Mahindra Bank in Indore?
    The average salary of a Branch Head at Kotak Mahindra Bank in Indore typically ranges from ₹12.5 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 9 years to 15 years).

    The top 10% of Branch Head in Indore at Kotak Mahindra Bank earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Branch Head Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

    These estimates are based on salary data submitted by 6 Kotak Mahindra Bank employees in India.
    What is the estimated take home salary of a Branch Head at Kotak Mahindra Bank in Indore?
    The estimated take-home salary of a Branch Head at Kotak Mahindra Bank in Indore typically ranges from ₹1,04,559 to ₹1,07,428 per month. This is based on the average salary range of ₹12.5 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 9 years to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Branch Head at Kotak Mahindra Bank in Indore?
    To be a Branch Head at Kotak Mahindra Bank in Indore, the key skills required include:

    • - Branch Banking
    • - Branch Management
    • - Casa
    • - Heading Branch
    • - Team Handling

    These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than Kotak Mahindra Bank for Branch Head in India?
    IDFC FIRST Bank ₹9.0 Lakhs to ₹17.3 Lakhs per year
    HDFC Bank ₹8.0 Lakhs to ₹19.0 Lakhs per year
    Federal Bank ₹12.0 Lakhs to ₹17.3 Lakhs per year

    These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.
    What is the salary of a Branch Head in companies similar to Kotak Mahindra Bank in Indore?
    The salary of a Branch Head at companies similar to Kotak Mahindra Bank in Indore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    ICICI Bank ₹7.4 Lakhs to ₹21.0 Lakhs per year
    Ujjivan Small Finance Bank ₹8.5 Lakhs to ₹11.0 Lakhs per year
    IndusInd Bank ₹4.2 Lakhs to ₹16.1 Lakhs per year
    Utkarsh Small Finance Bank ₹9.0 Lakhs to ₹12.5 Lakhs per year
    Jana Small Finance Bank ₹4.3 Lakhs to ₹10.2 Lakhs per year

    These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
    How the salary growth look like for a Branch Head at Kotak Mahindra Bank in Indore?
    The salary growth for a Branch Head at Kotak Mahindra Bank in Indore depends on factors such as experience, performance, and promotions. On average, a Branch Head in Indore can expect the following growth trajectory at Kotak Mahindra Bank:

    Experience Average Salary Range
    9 years ₹11.8 Lakhs to ₹15.1 Lakhs per year
    10 years ₹12.2 Lakhs to ₹15.6 Lakhs per year
    11 years ₹12.6 Lakhs to ₹16.2 Lakhs per year
    12 years ₹13.0 Lakhs to ₹16.7 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Kotak Mahindra Bank Branch Head salary in Indore ranges between ₹12.5 Lakhs to ₹16 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.