Kotak Mahindra Bank Indore Branch Head Salaries by 6 Employees

9 - 15 years exp.

₹12.5 Lakhs - ₹16 Lakhs

Salary of majority employees

35% more than the average Branch Head Salary in Banking Companies for 9 - 15 years of experience

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Last Updated: 9 Oct 2024

Companies similar to Kotak Mahindra Bank for Branch Head in Indore

Kotak Mahindra Bank Branch Head Salary

9 - 15 years exp. (6 salaries)

₹12.5 L/yr - ₹16 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Head Salary 10 - 20 years exp. (25 salaries)	₹8 L/yr - ₹19 L/yr 3% more
IndusInd Bank Branch Head Salary 6 - 18 years exp. (21 salaries)	₹4.2 L/yr - ₹16.1 L/yr 35% less	1 job opening
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ICICI Bank Branch Head Salary 8 - 18 years exp. (13 salaries)	₹7.4 L/yr - ₹21 L/yr 4% less
Jana Small Finance Bank Branch Head Salary 6 - 15 years exp. (7 salaries)	₹4.3 L/yr - ₹10.2 L/yr 58% less
Ujjivan Small Finance Bank Branch Head Salary 9 - 11 years exp. (5 salaries)	₹8.5 L/yr - ₹11 L/yr 31% less
Utkarsh Small Finance Bank Branch Head Salary 11 - 15 years exp. (4 salaries)	₹9 L/yr - ₹12.5 L/yr 36% less
IDFC FIRST Bank Branch Head Salary 14 - 18 years exp. (3 salaries)	₹9 L/yr - ₹17.3 L/yr 3% more
Federal Bank Branch Head Salary 4 - 9 years exp. (3 salaries)	₹12 L/yr - ₹17.3 L/yr 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.

Experience wise Kotak Mahindra Bank Branch Head salaries in Indore

Last Updated: 9 Oct 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15.1 L/yr
10 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr
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11 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.2 L/yr
12 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.7 L/yr
13 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
14 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.7 L/yr
15+ years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr

View all

From

Branch Head

₹

Lakhs/yr

9 - 18 years exp.

Regional Sales Manager

₹

Lakhs/yr

13 - 21 years exp.

Branch Head 9 - 18 years exp.

Area Business Manager 8 - 19 years exp.

12% hike

Regional Sales Manager 13 - 21 years exp.

53% hike

From

View 3 more levels

Branch Head

9 - 18 years exp.

Senior Vice President

15 - 24 years exp.

From

View 2 more levels

Branch Head

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)

₹8.75 L/yr - ₹20 L/yr

Sales Manager Salary

(27 salaries)

₹1.8 L/yr - ₹9.5 L/yr

Cluster Head Salary

(3 salaries)

₹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

Senior Relationship Manager in Ranchi

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

Salary - Poor

+6 more

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.

Salary - Poor

+4 more

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

Salary - Bad

+6 more

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

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

Salary - Bad

+5 more

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

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.

Salary - Bad

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank

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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.

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Kotak Mahindra Bank Branch Head Salaries in Indore

Kotak Mahindra Bank Branch Head salary in Indore ranges between ₹12.5 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.