Kotak Mahindra Bank Branch Manager 1 Salaries by 4 Employees (Updated 2025)

7 - 15 years exp.

₹6 Lakhs - ₹16.5 Lakhs

Low Confidence

Salary of majority employees

71% more than the average Branch Manager 1 Salary in Banking Companies for 7 - 15 years of experience

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Salaries in different departments

Customer Success, Service & Operations Branch Manager 1 Salary 9 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
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BFSI, Investments & Trading Branch Manager 1 Salary 15 years exp. (AmbitionBox Estimate)	₹14.9 L/yr - ₹18.2 L/yr

Last Updated: 13 Jan 2025

Companies similar to Kotak Mahindra Bank for Branch Manager 1

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Manager 1 Salary 10 - 17 years exp. (6 salaries)	₹7.9 L/yr - ₹14 L/yr 3% more
ICICI Bank Branch Manager 1 Salary 7 - 15 years exp. (35 salaries)	₹5.1 L/yr - ₹11 L/yr 12% less
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Axis Bank Branch Manager 1 Salary 13 - 17 years exp. (4 salaries)	₹9.9 L/yr - ₹10.5 L/yr 5% more
IndusInd Bank Branch Manager 1 Salary 5 - 15 years exp. (5 salaries)	₹3 L/yr - ₹9.9 L/yr 39% less
Yes Bank Branch Manager 1 Salary 8 - 9 years exp. (4 salaries)	₹5.5 L/yr - ₹12.5 L/yr 18% less
Federal Bank Branch Manager 1 Salary 6 - 14 years exp. (3 salaries)	₹5.5 L/yr - ₹9 L/yr 30% less
IDFC FIRST Bank Branch Manager 1 Salary 5 - 12 years exp. (6 salaries)	₹3.5 L/yr - ₹10.7 L/yr 17% less
Bandhan Bank Branch Manager 1 Salary 8 - 13 years exp. (4 salaries)	₹3.2 L/yr - ₹13.2 L/yr 31% less
City Union Bank Branch Manager 1 Salary 11 - 19 years exp. (5 salaries)	₹12 L/yr - ₹14 L/yr 31% more
Jana Small Finance Bank Branch Manager 1 Salary 12 - 14 years exp. (4 salaries)	₹7.6 L/yr - ₹9 L/yr 17% less
Utkarsh Small Finance Bank Branch Manager 1 Salary 2 - 6 years exp. (4 salaries)	₹2.9 L/yr - ₹4 L/yr 63% less
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Branch Manager 1 salary at Kotak Mahindra Bank ranges between ₹6 Lakhs to ₹16.5 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Branch Manager 1 salaries

Last Updated: 13 Jan 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
9 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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15+ years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr

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Top skills at Kotak Mahindra Bank for Branch Manager 1

Branch Banking Branch Management Heading Branch Retail Branch Banking

Salary related reviews for Kotak Mahindra Bank

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

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.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindra Bank Branch Manager 1 Salary FAQs

What is the salary of Branch Manager 1 at Kotak Mahindra Bank?

Branch Manager 1 salary at Kotak Mahindra Bank in India ranges between ₹6.0 Lakhs to ₹16.5 Lakhs for experience between 7 years to 15 years. According to our estimates it is 71% more than the average Branch Manager 1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Branch Manager 1 at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Branch Manager 1 at Kotak Mahindra Bank is 71% more than the average salary of a Branch Manager 1 in India. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager 1 at Kotak Mahindra Bank?

Branch Banking, Branch Management, Heading Branch and Retail Branch Banking are some of the popular skills required to work as a Branch Manager 1 at Kotak Mahindra Bank India.

Which similar companies are paying more than Kotak Mahindra Bank to a Branch Manager 1 in India?

City Union Bank Branch Manager 1 Salary - ₹12.0 Lakhs to ₹14.0 Lakhs per year
Axis Bank Branch Manager 1 Salary - ₹9.9 Lakhs to ₹10.5 Lakhs per year
HDFC Bank Branch Manager 1 Salary - ₹7.9 Lakhs to ₹14.0 Lakhs per year

What is the salary of a Branch Manager 1 in companies similar to Kotak Mahindra Bank in India?

ICICI Bank Branch Manager 1 Salary - ₹5.1 Lakhs to ₹11.0 Lakhs per year
IDFC FIRST Bank Branch Manager 1 Salary - ₹3.5 Lakhs to ₹10.7 Lakhs per year
Jana Small Finance Bank Branch Manager 1 Salary - ₹7.6 Lakhs to ₹9.0 Lakhs per year
Yes Bank Branch Manager 1 Salary - ₹5.5 Lakhs to ₹12.5 Lakhs per year
Federal Bank Branch Manager 1 Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a Branch Manager 1 at Kotak Mahindra Bank in India?

The estimated take-home salary of a Branch Manager 1 at Kotak Mahindra Bank ranges between ₹69,710 per month to ₹71,502 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Branch Manager 1 salary in India which ranges between ₹6.0 Lakhs to ₹16.5 Lakhs per year for employees with experience between 7 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager 1 at Kotak Mahindra Bank?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Branch Manager 1s reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Branch Manager 1 Salaries

Kotak Mahindra Bank Branch Manager 1 salary in India ranges between ₹6 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.