Kotak Mahindra Bank Mumbai Branch Relationship Manager Salaries by 100+ Employees (Updated 2025)

0 - 10 years exp.

₹3.5 Lakhs - ₹9.5 Lakhs

Salary of majority employees

At par with the average Branch Relationship Manager Salary in Banking Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Relationship Manager Salary 0 - 10 years exp. (62 salaries)	₹3.5 L/yr - ₹9 L/yr
Sales & Business Development Branch Relationship Manager Salary 0 - 10 years exp. (34 salaries)	₹3.5 L/yr - ₹8.5 L/yr
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Finance & Accounting Branch Relationship Manager Salary 0 - 10 years exp. (18 salaries)	₹4 L/yr - ₹9 L/yr
Customer Success, Service & Operations Branch Relationship Manager Salary 0 - 8 years exp. (15 salaries)	₹4.5 L/yr - ₹9.5 L/yr
Marketing & Communication Branch Relationship Manager Salary 0 - 9 years exp. (15 salaries)	₹4.3 L/yr - ₹9 L/yr

Last Updated: 11 Jan 2025

Companies similar to Kotak Mahindra Bank for Branch Relationship Manager in Mumbai

Kotak Mahindra Bank Branch Relationship Manager Salary

0 - 10 years exp. (174 salaries)

₹3.5 L/yr - ₹9.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Branch Relationship Manager Salary 0 - 7 years exp. (14 salaries)	₹3 L/yr - ₹6 L/yr 12% less
Axis Bank Branch Relationship Manager Salary 0 - 8 years exp. (23 salaries)	₹3 L/yr - ₹7 L/yr 11% less
Login to view exact salary
IndusInd Bank Branch Relationship Manager Salary 0 - 6 years exp. (5 salaries)	₹5.3 L/yr - ₹7 L/yr 8% more
IDFC FIRST Bank Branch Relationship Manager Salary 1 - 10 years exp. (44 salaries)	₹3.8 L/yr - ₹11 L/yr 41% more	5 job openings
Equitas Small Finance Bank Branch Relationship Manager Salary 4 - 10 years exp. (13 salaries)	₹5 L/yr - ₹8 L/yr 7% more

Branch Relationship Manager salary at Kotak Mahindra Bank ranges between ₹3.5 Lakhs to ₹9.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 174 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Branch Relationship Manager salaries in Mumbai

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
Fresher (15 salaries)	₹4 L/yr - ₹6.5 L/yr
1 year (12 salaries)	₹4 L/yr - ₹6.5 L/yr
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2 years (8 salaries)	₹4.5 L/yr - ₹8.5 L/yr
3 years (26 salaries)	₹3.5 L/yr - ₹9 L/yr
4 years (26 salaries)	₹3.5 L/yr - ₹7.8 L/yr
5 years (29 salaries)	₹4.5 L/yr - ₹9 L/yr
6 years (20 salaries)	₹4.5 L/yr - ₹9 L/yr
7 years (10 salaries)	₹4.3 L/yr - ₹9.5 L/yr
8 years (10 salaries)	₹4.5 L/yr - ₹7.9 L/yr
9 years (10 salaries)	₹5 L/yr - ₹9 L/yr
10 years (8 salaries)	₹6 L/yr - ₹7.5 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Relationship Manager Salary

(457 salaries)

₹1.8 L/yr - ₹10.5 L/yr

Branch Manager Salary

(134 salaries)

₹7.5 L/yr - ₹25.56 L/yr

Relationship Officer Salary

(126 salaries)

₹2.3 L/yr - ₹6.05 L/yr

Branch Sales Manager Salary

(72 salaries)

₹3.72 L/yr - ₹10.25 L/yr

Area Sales Manager Salary

(39 salaries)

₹6.5 L/yr - ₹18.25 L/yr

Senior Relationship Manager Salary

(36 salaries)

₹4.1 L/yr - ₹15.15 L/yr

Senior Sales Manager Salary

(14 salaries)

₹8.15 L/yr - ₹13.55 L/yr

Area Manager Salary

(8 salaries)

₹9 L/yr - ₹22.01 L/yr

Senior Branch Manager Salary

(5 salaries)

₹7 L/yr - ₹17.38 L/yr

Business Development Manager Salary

(3 salaries)

₹1.5 L/yr - ₹6 L/yr

Top skills at Kotak Mahindra Bank for Branch Relationship Manager

Relationship Management Portfolio Management Branch Banking liabilities Banking Casa Current Account Retail Liabilities Sales Initiatives HNI Acquisition Customer Satisfaction Customer Complaints Customer Service Orientation Selling Portfolio Management

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 23 employees for salary & benefits

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Branch Relationship Manager in Gandhinagar

Full Time

Sales & Business Development Department

3.0

• posted on 11 Sep 2023

2.0

for Salary and Benefits

Likes

Salary credited time to time

Dislikes

Incentive not credited time to time, bank kyc very critical, incentive slab is very low, branch culture very bad, no one hve proper knowledge, account opening system ir worst.

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.

Deputy Manager in Vadodara

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.

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.

Deputy Manager in Kolkata

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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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank Branch Relationship Manager Salary FAQs

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

Branch Relationship Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹3.5 Lakhs to ₹9.5 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 3% more than the average Branch Relationship Manager Salary in India. Salary estimates are based on 174 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Branch Relationship Manager at Kotak Mahindra Bank is 3% more than the average salary of a Branch Relationship Manager in Mumbai. To know exact salary insights, login to view.

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

Relationship Management, Portfolio Management, Branch Banking, liabilities and Banking are some of the popular skills required to work as a Branch Relationship Manager at Kotak Mahindra Bank Mumbai.

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

IDFC FIRST Bank Branch Relationship Manager Salary - ₹3.8 Lakhs to ₹11.0 Lakhs per year
IndusInd Bank Branch Relationship Manager Salary - ₹5.3 Lakhs to ₹7.0 Lakhs per year
Equitas Small Finance Bank Branch Relationship Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year

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

Axis Bank Branch Relationship Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
ICICI Bank Branch Relationship Manager Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a Branch Relationship Manager at Kotak Mahindra Bank ranges between ₹41,606 per month to ₹42,747 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Branch Relationship Manager salary in India which ranges between ₹3.5 Lakhs to ₹9.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 51% of the Kotak Mahindra Bank Branch Relationship Managers in Mumbai reported a notice period of 3 Months, 36% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 115 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Branch Relationship Manager Salaries in Mumbai

Kotak Mahindra Bank Branch Relationship Manager salary in Mumbai ranges between ₹3.5 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 174 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Branch Relationship Manager salaries in Mumbai

Companies similar to Kotak Mahindra Bank for Branch Relationship Manager in Mumbai

Latest annual salaries shared by Kotak Mahindra Bank Branch Relationship Manager in Mumbai

Experience wise Kotak Mahindra Bank Branch Relationship Manager salaries in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Branch Relationship Manager

Salary related reviews for Kotak Mahindra Bank

Branch Relationship Manager in Kolkata

Branch Relationship Manager in Gandhinagar

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Kotak Mahindra Bank Branch Relationship Manager Salary FAQs

Tell us how to improve this page.