Kotak Mahindra Bank Branch Service Manager Salaries by 7 Employees (Updated 2025)

13 - 15 years exp.

₹7.5 Lakhs - ₹13 Lakhs

Low Confidence

Salary of majority employees

7% less than the average Branch Service Manager Salary in Banking Companies for 13 - 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 - ₹10.6 L/yr
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Customer Success, Service & Operations Branch Service Manager Salary 13 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.3 L/yr

Last Updated: 5 Dec 2024

Companies similar to Kotak Mahindra Bank for Branch Service Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Service Manager Salary 2 - 12 years exp. (7 salaries)	₹3 L/yr - ₹9 L/yr 44% less
ICICI Bank Branch Service Manager Salary 1 - 14 years exp. (4 salaries)	₹4 L/yr - ₹8 L/yr 45% less
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Axis Bank Branch Service Manager Salary 4 - 9 years exp. (5 salaries)	₹1.9 L/yr - ₹6.2 L/yr 53% less
Yes Bank Branch Service Manager Salary 1 - 12 years exp. (16 salaries)	₹3 L/yr - ₹10 L/yr 44% less
IDFC FIRST Bank Branch Service Manager Salary 3 - 7 years exp. (8 salaries)	₹5 L/yr - ₹10 L/yr 9% less

Branch Service Manager salary at Kotak Mahindra Bank ranges between ₹7.5 Lakhs to ₹13 Lakhs per year for employees with experience between 13 years to 15 years. Salary estimates are based on 7 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
13 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹13 L/yr
14 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹10.6 L/yr
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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

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.

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.

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

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

Junior Associate in Coimbatore

Full Time

Sales & Business Development Department

3.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

I'm working from kotak 2021to still, it's more comfortable office to me with supportive team and management

Dislikes

Actually I'm working at kotak for past 3 years when I join here my salary monthly 12000 , 3 years gone and also march 2023 I got promotion as a team leader, I given good support to my team also given good business but still I didn't get hike and 12000 only I'm getting. So i need salary improvement for my effective work and do the needful

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

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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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Kotak Mahindra Bank Branch Service Manager Salary FAQs

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

Branch Service Manager salary at Kotak Mahindra Bank in India ranges between ₹7.5 Lakhs to ₹13.0 Lakhs for experience between 13 years to 15 years. According to our estimates it is 7% less than the average Branch Service Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Branch Service Manager at Kotak Mahindra Bank is 7% less than the average salary of a Branch Service Manager in India. To know exact salary insights, login to view.

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

IDFC FIRST Bank Branch Service Manager Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year
Yes Bank Branch Service Manager Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
HDFC Bank Branch Service Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
ICICI Bank Branch Service Manager Salary - ₹4.0 Lakhs to ₹8.0 Lakhs per year
Axis Bank Branch Service Manager Salary - ₹1.9 Lakhs to ₹6.2 Lakhs per year

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 ranges between ₹68,913 per month to ₹70,682 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Branch Service Manager salary in India which ranges between ₹7.5 Lakhs to ₹13.0 Lakhs per year for employees with experience between 13 years to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 80% of the Kotak Mahindra Bank Branch Service Manager s reported a notice period of 3 Months, 20% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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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 7 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.