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Kotak Mahindra Bank Branch Operations and Service Manager salaries in India

Annual salary range
2 - 14 years exp.
₹4.3 Lakhs - ₹9.5 Lakhs
Salary of majority employees
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5% less than the average Branch Operations and Service Manager Salary in Banking Companies for 2 - 14 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Branch Operations and Service Manager Salary
7 - 13 years exp. (7 salaries)
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₹5 L/yr - ₹9.5 L/yr

BFSI, Investments & Trading
Branch Operations and Service Manager Salary
3 - 11 years exp. (5 salaries)
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₹5 L/yr - ₹8 L/yr

Last Updated: 13 Nov 2024

Companies similar to Kotak Mahindra Bank for Branch Operations and Service Manager

Company name Avg Annual Salary Open Jobs
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₹5.5 L/yr - ₹10.2 L/yr

arrow icon 4% more
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₹5 L/yr - ₹9 L/yr

arrow icon 8% more
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₹3.6 L/yr - ₹10 L/yr

arrow icon 33% more
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₹3.5 L/yr - ₹8 L/yr

arrow icon 19% less
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₹5.2 L/yr - ₹6.5 L/yr

arrow icon 10% less
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₹2.8 L/yr - ₹8.5 L/yr

arrow icon 1% more
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₹8.9 L/yr - ₹13.5 L/yr

arrow icon 86% more
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₹3.5 L/yr - ₹4.3 L/yr

arrow icon 39% less
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₹4 L/yr - ₹5.5 L/yr

arrow icon 22% less
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₹5.9 L/yr - ₹6.5 L/yr

arrow icon 1% less
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₹6 L/yr - ₹7.8 L/yr

arrow icon 11% more
Branch Operations and Service Manager salary at Kotak Mahindra Bank ranges between ₹4.3 Lakhs to ₹9.5 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 20 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Branch Operations and Service Manager

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8 years exp.
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4 years exp.
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11 years exp.
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8 years exp.
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Experience wise Kotak Mahindra Bank Branch Operations and Service Manager salaries

Last Updated: 13 Nov 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹5 L/yr - ₹9.3 L/yr
3 years (AmbitionBox Estimate)

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₹5 L/yr - ₹9.6 L/yr
4 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹10 L/yr
5 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹10.3 L/yr
6 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹7 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

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₹5.2 L/yr - ₹15.25 L/yr
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₹2 L/yr - ₹11.2 L/yr
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₹2 L/yr - ₹7.88 L/yr
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₹1.6 L/yr - ₹10 L/yr
Service Manager Salary
(196 salaries)
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₹2 L/yr - ₹13.09 L/yr
Branch Manager Salary
(1k salaries)
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₹6.62 L/yr - ₹25.56 L/yr
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₹1.2 L/yr - ₹3.6 L/yr
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₹2.15 L/yr - ₹6.8 L/yr
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₹4.06 L/yr - ₹16 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

Salary related reviews for Kotak Mahindra Bank

2.5

Rated by 4 employees for salary & benefits

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

read more

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.

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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.

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Dislikes

Salary, promortion - these are the worst over here.

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 18 May 2024

3.0
 for  Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

read more

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

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Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 10 Mar 2024

2.0
 for  Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

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Kotak Mahindra Bank Branch Operations and Service Manager Salary FAQs

What is the salary of Branch Operations and Service Manager at Kotak Mahindra Bank?
Branch Operations and Service Manager salary at Kotak Mahindra Bank in India ranges between ₹4.3 Lakhs to ₹9.5 Lakhs for experience between 2 years to 14 years. According to our estimates it is 5% less than the average Branch Operations and Service Manager Salary in India. Salary estimates are based on 20 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Branch Operations and Service Manager at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Branch Operations and Service Manager at Kotak Mahindra Bank is 5% less than the average salary of a Branch Operations and Service Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Branch Operations and Service Manager in India?
  • Bandhan Bank Branch Operations and Service Manager Salary - ₹8.9 Lakhs to ₹13.5 Lakhs per year
  • Axis Bank Branch Operations and Service Manager Salary - ₹3.6 Lakhs to ₹10.0 Lakhs per year
  • Standard Chartered Branch Operations and Service Manager Salary - ₹6.0 Lakhs to ₹7.8 Lakhs per year
  • ICICI Bank Branch Operations and Service Manager Salary - ₹5.0 Lakhs to ₹9.0 Lakhs per year
  • HDFC Bank Branch Operations and Service Manager Salary - ₹5.5 Lakhs to ₹10.2 Lakhs per year
What is the salary of a Branch Operations and Service Manager in companies similar to Kotak Mahindra Bank in India?
  • IDFC FIRST Bank Branch Operations and Service Manager Salary - ₹2.8 Lakhs to ₹8.5 Lakhs per year
  • Utkarsh Small Finance Bank Branch Operations and Service Manager Salary - ₹5.9 Lakhs to ₹6.5 Lakhs per year
  • Yes Bank Branch Operations and Service Manager Salary - ₹5.2 Lakhs to ₹6.5 Lakhs per year
  • IndusInd Bank Branch Operations and Service Manager Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year
  • Ujjivan Small Finance Bank Branch Operations and Service Manager Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
What is the estimated take home salary of a Branch Operations and Service Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Branch Operations and Service Manager at Kotak Mahindra Bank ranges between ₹47,666 per month to ₹48,794 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Branch Operations and Service Manager salary in India which ranges between ₹4.3 Lakhs to ₹9.5 Lakhs per year for employees with experience between 2 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Branch Operations and Service Manager at Kotak Mahindra Bank?
According to AmbitionBox, 82% of the Kotak Mahindra Bank Branch Operations and Service Managers reported a notice period of 3 Months, 18% reported a notice period of 1 Month.This is based on 11 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Branch Operations and Service Manager salary in India ranges between ₹4.3 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.