Kotak Mahindra Bank Branch Manager Scale 2 Salaries by Employees

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₹9.5 Lakhs - ₹12.1 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 9 Mar 2024

Companies similar to Kotak Mahindra Bank for Branch Manager Scale 2

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Manager Scale 2 Salary 12 - 16 years exp. (4 salaries)	₹13 L/yr - ₹17 L/yr 46% more
ICICI Bank Branch Manager Scale 2 Salary 11 - 17 years exp. (7 salaries)	₹10.8 L/yr - ₹17.7 L/yr 24% more
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State Bank of India Branch Manager Scale 2 Salary 3 - 19 years exp. (8 salaries)	₹15 L/yr - ₹18 L/yr 58% more
IndusInd Bank Branch Manager Scale 2 Salary 9 - 18 years exp. (4 salaries)	₹9.5 L/yr - ₹12 L/yr 1% more
Federal Bank Branch Manager Scale 2 Salary 5 - 7 years exp. (3 salaries)	₹11.7 L/yr - ₹15 L/yr 20% more
Canara Bank Branch Manager Scale 2 Salary 7 - 13 years exp. (11 salaries)	₹11.5 L/yr - ₹16.9 L/yr 31% more
Karur Vysya Bank Branch Manager Scale 2 Salary 9 - 17 years exp. (7 salaries)	₹12 L/yr - ₹15 L/yr 30% more
Bank of Baroda Branch Manager Scale 2 Salary 5 - 9 years exp. (6 salaries)	₹12 L/yr - ₹15 L/yr 22% more
Central Bank of India Branch Manager Scale 2 Salary 5 - 11 years exp. (4 salaries)	₹4.2 L/yr - ₹17 L/yr 10% more
Union Bank of India Branch Manager Scale 2 Salary 7 - 15 years exp. (4 salaries)	₹12 L/yr - ₹16 L/yr 31% more
South Indian Bank Branch Manager Scale 2 Salary 4 - 6 years exp. (3 salaries)	₹12.5 L/yr - ₹18 L/yr 41% more
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Branch Manager Scale 2 salary at Kotak Mahindra Bank ranges between ₹9.5 Lakhs to ₹12.1 Lakhs per year for employees with 13 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Kotak Mahindra Bank.

Similar Designation salaries in Kotak Mahindra Bank

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₹8 L/yr - ₹24.8 L/yr

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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Kotak Mahindra Bank Branch Manager Scale 2 Salary FAQs

What is the notice period for Branch Manager Scale 2 at Kotak Mahindra Bank?

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

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Kotak Mahindra Bank Branch Manager Scale 2 Salaries

Kotak Mahindra Bank Branch Manager Scale 2 salary in India ranges between ₹9.5 Lakhs to ₹12.1 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.