Kotak Mahindra Bank Mumbai Branch Manager Salaries by 100+ Employees (Updated 2024)

7 - 21 years exp.

₹7.5 Lakhs - ₹25.6 Lakhs

Salary of majority employees

56% more than the average Branch Manager Salary in Banking Companies for 7 - 21 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 7 - 21 years exp. (97 salaries)	₹7.5 L/yr - ₹25.6 L/yr
Customer Success, Service & Operations Branch Manager Salary 8 - 21 years exp. (14 salaries)	₹11 L/yr - ₹20 L/yr
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Sales & Business Development Branch Manager Salary 10 - 21 years exp. (8 salaries)	₹14 L/yr - ₹21.7 L/yr
Marketing & Communication Branch Manager Salary 7 - 10 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹15 L/yr
Finance & Accounting Branch Manager Salary 21 years exp. (AmbitionBox Estimate)	₹13.8 L/yr - ₹20 L/yr

Last Updated: 6 Dec 2024

Companies similar to Kotak Mahindra Bank for Branch Manager in Mumbai

Kotak Mahindra Bank Branch Manager Salary

7 - 21 years exp. (133 salaries)

₹7.5 L/yr - ₹25.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Branch Manager Salary 5 - 20 years exp. (231 salaries)	₹5.5 L/yr - ₹21.5 L/yr 24% less
State Bank of India Branch Manager Salary 5 - 16 years exp. (28 salaries)	₹12 L/yr - ₹28 L/yr 8% more
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Yes Bank Branch Manager Salary 7 - 19 years exp. (81 salaries)	₹6.2 L/yr - ₹26 L/yr 11% less	9 job openings
IndusInd Bank Branch Manager Salary 7 - 20 years exp. (77 salaries)	₹6.2 L/yr - ₹25 L/yr 13% less	11 job openings
IDFC FIRST Bank Branch Manager Salary 6 - 20 years exp. (53 salaries)	₹6.8 L/yr - ₹27.7 L/yr 5% less	1 job opening
RBL Bank Branch Manager Salary 11 - 21 years exp. (45 salaries)	₹11.2 L/yr - ₹28.5 L/yr 18% more	6 job openings
Bandhan Bank Branch Manager Salary 7 - 19 years exp. (26 salaries)	₹4.8 L/yr - ₹21 L/yr 28% less
Jana Small Finance Bank Branch Manager Salary 8 - 16 years exp. (16 salaries)	₹6.3 L/yr - ₹17 L/yr 44% less	1 job opening
Standard Chartered Branch Manager Salary 12 - 17 years exp. (12 salaries)	₹18 L/yr - ₹40 L/yr 70% more	3 job openings
Bank of Baroda Branch Manager Salary 6 - 14 years exp. (11 salaries)	₹7 L/yr - ₹18 L/yr 3% less
Utkarsh Small Finance Bank Branch Manager Salary 9 - 15 years exp. (9 salaries)	₹7.3 L/yr - ₹11.8 L/yr 50% less
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Union Bank of India Branch Manager Salary 8 - 11 years exp. (6 salaries)	₹10 L/yr - ₹18 L/yr 18% less
IDBI Bank Branch Manager Salary 9 - 16 years exp. (5 salaries)	₹12 L/yr - ₹30 L/yr 19% more
Canara Bank Branch Manager Salary 6 - 12 years exp. (4 salaries)	₹10 L/yr - ₹18.5 L/yr 17% less

Branch Manager salary at Kotak Mahindra Bank ranges between ₹7.5 Lakhs to ₹25.6 Lakhs per year for employees with experience between 7 years to 21 years. Salary estimates are based on 133 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Branch Manager salaries in Mumbai

Last Updated: 6 Dec 2024

Experience	Avg Annual Salary
7 years (5 salaries)	₹9 L/yr - ₹15 L/yr
8 years (4 salaries)	₹10 L/yr - ₹17 L/yr
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9 years (9 salaries)	₹10 L/yr - ₹19 L/yr
10 years (14 salaries)	₹8 L/yr - ₹20.4 L/yr
11 years (11 salaries)	₹10.3 L/yr - ₹20 L/yr
12 years (14 salaries)	₹7.5 L/yr - ₹19 L/yr
13 years (6 salaries)	₹12.5 L/yr - ₹18 L/yr
14 years (25 salaries)	₹10 L/yr - ₹23 L/yr
15+ years (45 salaries)	₹12.5 L/yr - ₹25.6 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(3.3k salaries)

₹1.65 L/yr - ₹8 L/yr

Chief Manager Salary

(432 salaries)

₹8 L/yr - ₹28 L/yr

Credit Manager Salary

(236 salaries)

₹3.56 L/yr - ₹15.15 L/yr

Sales Manager Salary

(133 salaries)

₹1.8 L/yr - ₹10.7 L/yr

Branch Sales Manager Salary

(72 salaries)

₹2.5 L/yr - ₹10.25 L/yr

Deputy Branch Manager Salary

(26 salaries)

₹4.5 L/yr - ₹16 L/yr

Branch Head Salary

(25 salaries)

₹8 L/yr - ₹22 L/yr

Area Manager Salary

(8 salaries)

₹7.05 L/yr - ₹21.76 L/yr

Senior Branch Manager Salary

(5 salaries)

₹7 L/yr - ₹17.38 L/yr

Top skills at Kotak Mahindra Bank for Branch Manager

Branch Management Branch Banking Heading Branch Cross Selling Team Handling branch administration Retail Branch Banking Sales Retail Liabilities Banking Customer Service Branch Handling MF LI Insurance

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 22 employees for salary & benefits

Branch Manager in Mumbai

BFSI, Investments & Trading Department

5.0

• posted on 10 Oct 2019

3.0

for Salary and Benefits

Likes

..., management, colleagues, bosses are very considerate, approachable and helpful.Only concern is it's appraisal and salary hike. It's not that great and is not in accordance with any specific measures.

Dislikes

Nothing to be disliked.

Branch Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 07 Oct 2023

2.0

for Salary and Benefits

Likes

promotion and training only best thing

Dislikes

No parents medical coverage & no salary as per Role ,no benifits for long service Employee only getting Rs 5000 for after 5 years completion work. here main focus only Li

Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 03 Aug 2022

1.0

for Salary and Benefits

Likes

Job security is fine others are terrible

Dislikes

... staffs.No support by the seniors only feedbacks works for them with no reasons.No salary correction nothing...not a good organisation to work

Branch Manager in Bathinda

BFSI, Investments & Trading Department

2.0

• posted on 14 Mar 2021

1.0

for Salary and Benefits

Likes

...d Getting same as BOM and post promotion Traveling 200KM daily to Reach office .No support from Senior for Any Business No Traning No Salary Reviosn post promotion . if any one Resigned Seniors treat it as personal issue

Dislikes

Working in Kotak is like punishment

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

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

2 participants . expiring in 2w

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Kotak Mahindra Bank Branch Manager Salary FAQs

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

Branch Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹7.5 Lakhs to ₹25.6 Lakhs for experience between 7 years to 21 years. According to our estimates it is 56% more than the average Branch Manager Salary in India. Salary estimates are based on 133 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Branch Manager at Kotak Mahindra Bank is 56% more than the average salary of a Branch Manager in Mumbai. To know exact salary insights, login to view.

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

Branch Management, Branch Banking, Heading Branch, Cross Selling and Team Handling are some of the popular skills required to work as a Branch Manager at Kotak Mahindra Bank Mumbai.

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

Standard Chartered Branch Manager Salary - ₹18.0 Lakhs to ₹40.0 Lakhs per year
IDBI Bank Branch Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
RBL Bank Branch Manager Salary - ₹11.2 Lakhs to ₹28.5 Lakhs per year
State Bank of India Branch Manager Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year

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

Bank of Baroda Branch Manager Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
IDFC FIRST Bank Branch Manager Salary - ₹6.8 Lakhs to ₹27.7 Lakhs per year
Yes Bank Branch Manager Salary - ₹6.2 Lakhs to ₹26.0 Lakhs per year
IndusInd Bank Branch Manager Salary - ₹6.2 Lakhs to ₹25.0 Lakhs per year
Canara Bank Branch Manager Salary - ₹10.0 Lakhs to ₹18.5 Lakhs per year

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

The estimated take-home salary of a Branch Manager at Kotak Mahindra Bank ranges between ₹1,14,616 per month to ₹1,17,810 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Branch Manager salary in India which ranges between ₹7.5 Lakhs to ₹25.6 Lakhs per year for employees with experience between 7 years to 21 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 88% of the Kotak Mahindra Bank Branch Managers in Mumbai reported a notice period of 3 Months, 11% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 80 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Branch Manager Salaries in Mumbai

Kotak Mahindra Bank Branch Manager salary in Mumbai ranges between ₹7.5 Lakhs to ₹25.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 133 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.