Kotak Mahindra Bank Branch Service Manager Salaries by 8 Employees

12 - 15 years exp.

₹7.5 Lakhs - ₹13 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

5% more than the average Branch Service Manager Salary in Banking Companies for 12 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Service Manager Salary 13 - 15 years exp. (6 salaries)	₹7.5 L/yr - ₹11 L/yr
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Customer Success, Service & Operations Branch Service Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹13 L/yr

Last Updated: 5 Dec 2024

Companies similar to Kotak Mahindra Bank for Branch Service Manager

Company name	Avg Annual Salary	Open Jobs
Yes Bank Branch Service Manager Salary 1 - 12 years exp. (16 salaries)	₹3 L/yr - ₹10 L/yr 50% less
IDFC FIRST Bank Branch Service Manager Salary 3 - 8 years exp. (8 salaries)	₹5.1 L/yr - ₹11 L/yr 11% less
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HDFC Bank Branch Service Manager Salary 2 - 12 years exp. (6 salaries)	₹3 L/yr - ₹9 L/yr 52% less
Axis Bank Branch Service Manager Salary 4 - 9 years exp. (5 salaries)	₹1.9 L/yr - ₹6.2 L/yr 59% less
ICICI Bank Branch Service Manager Salary 1 - 14 years exp. (4 salaries)	₹4 L/yr - ₹8 L/yr 52% less

Branch Service Manager salary at Kotak Mahindra Bank ranges between ₹7.5 Lakhs to ₹13 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Branch Service Manager salaries

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹13 L/yr
13 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹13 L/yr
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14 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹19.3 L/yr
15+ years (3 salaries)	₹7.5 L/yr - ₹10.6 L/yr

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Salary related reviews for Kotak Mahindra Bank

1.0

Rated by 1 employees for salary & benefits

Relationship Officer in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

On time salary

Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

Salary - Poor

+4 more

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+2 more

Deputy Manager Operations in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 19 Nov 2024

2.0

for Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

Salary - Poor

+4 more

Junior Associate in Thane

Full Time

Other Department

5.0

• posted on 12 Nov 2024

5.0

for Salary and Benefits

Likes

62% of Kotak Mahindra Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Kotak Mahindra Bank 3.3 out of 5 for work life balance, 3.5 for culture and values and 3.6 for career opportunities.

Salary - Excellent

+6 more

Dislikes

Some say there is no work-life balance, and that employees work long hours, including on holidays Salary: Some say that salaries are low Management: Some say that management is bad and that rules are not followed Company politics: Some say that company politics and policies are an issue Targets: Some say that targets are high, but the services are not good Working culture: Some say that the working culture is not good

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

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Branch Service Manager Salary FAQs

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

The average salary of a Branch Service Manager at Kotak Mahindra Bank in India typically ranges from ₹7.5 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 12 years to 15 years).

The top 10% of Branch Service Manager at Kotak Mahindra Bank earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Branch Service Manager Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 8 Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Branch Service Manager at Kotak Mahindra Bank in India typically ranges from ₹77,832 to ₹79,853 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 12 years to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 8 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Branch Service Manager at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDFC FIRST Bank	₹5.1 Lakhs to ₹11.0 Lakhs per year
Yes Bank	₹3.0 Lakhs to ₹10.0 Lakhs per year
ICICI Bank	₹4.0 Lakhs to ₹8.0 Lakhs per year
HDFC Bank	₹3.0 Lakhs to ₹9.0 Lakhs per year
Axis Bank	₹1.9 Lakhs to ₹6.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Branch Service Manager at Kotak Mahindra Bank in India?

The salary growth for a Branch Service Manager at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Branch Service Manager can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
12 years	₹4.5 Lakhs to ₹13.0 Lakhs per year
13 years	₹8.3 Lakhs to ₹13.0 Lakhs per year
14 years	₹7.5 Lakhs to ₹19.3 Lakhs per year
15 years	₹7.5 Lakhs to ₹10.6 Lakhs per year

and so on.

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Kotak Mahindra Bank Branch Service Manager Salaries

Kotak Mahindra Bank Branch Service Manager salary in India ranges between ₹7.5 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.