Kotak Mahindra Bank Branch Manager 1 Salaries by 3 Employees (Updated 2024)

7 - 15 years exp.

₹6 Lakhs - ₹16.5 Lakhs

Low Confidence

Salary of majority employees

85% 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

BFSI, Investments & Trading Branch Manager 1 Salary 15 years exp. (AmbitionBox Estimate)	₹14.9 L/yr - ₹18.2 L/yr
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Customer Success, Service & Operations Branch Manager 1 Salary 9 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.9 L/yr

Last Updated: 3 Dec 2024

Companies similar to Kotak Mahindra Bank for Branch Manager 1

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Manager 1 Salary 10 - 15 years exp. (4 salaries)	₹7.9 L/yr - ₹14 L/yr 6% less
ICICI Bank Branch Manager 1 Salary 7 - 15 years exp. (35 salaries)	₹5.1 L/yr - ₹11 L/yr 19% 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 3% less
IndusInd Bank Branch Manager 1 Salary 5 - 15 years exp. (5 salaries)	₹3 L/yr - ₹9.9 L/yr 44% less
Yes Bank Branch Manager 1 Salary 8 - 9 years exp. (4 salaries)	₹5.5 L/yr - ₹12.5 L/yr 25% less
Federal Bank Branch Manager 1 Salary 6 - 14 years exp. (3 salaries)	₹5.5 L/yr - ₹9 L/yr 36% less
IDFC FIRST Bank Branch Manager 1 Salary 5 - 12 years exp. (6 salaries)	₹3.5 L/yr - ₹10.7 L/yr 24% less
Bandhan Bank Branch Manager 1 Salary 8 - 13 years exp. (4 salaries)	₹3.2 L/yr - ₹13.2 L/yr 37% less
Jana Small Finance Bank Branch Manager 1 Salary 11 - 14 years exp. (6 salaries)	₹7.6 L/yr - ₹10 L/yr 21% less
Utkarsh Small Finance Bank Branch Manager 1 Salary 2 - 7 years exp. (4 salaries)	₹2.9 L/yr - ₹4.5 L/yr 63% less

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 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Branch Manager 1 salaries

Last Updated: 3 Dec 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
9 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 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.

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.

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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 2w

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Kotak Mahindra Bank Branch Manager 1 Salary FAQs

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 1 response on AmbitionBox in last 2 years.

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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 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.