Kotak Mahindra Bank Chief Branch Manager Salaries by 7 Employees

9 - 19 years exp.

₹12.1 Lakhs - ₹18.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

30% more than the average Chief Branch Manager Salary in Banking Companies for 9 - 19 years of experience

Interested in this particular role?

Last Updated: 11 Dec 2023

Companies similar to Kotak Mahindra Bank for Chief Branch Manager

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Chief Branch Manager Salary 8 - 14 years exp. (5 salaries)	₹8.5 L/yr - ₹9.7 L/yr 41% less
ICICI Bank Chief Branch Manager Salary 13 - 15 years exp. (5 salaries)	₹14 L/yr - ₹20 L/yr 7% more
Login to view exact salary
IDFC FIRST Bank Chief Branch Manager Salary 13 - 16 years exp. (4 salaries)	₹12.5 L/yr - ₹23.5 L/yr 10% more
Ujjivan Small Finance Bank Chief Branch Manager Salary 7 - 9 years exp. (4 salaries)	₹7.2 L/yr - ₹13 L/yr 43% less
Bajaj Allianz Life Insurance Chief Branch Manager Salary 10 - 21 years exp. (221 salaries)	₹8.8 L/yr - ₹17.5 L/yr 13% less

Chief Branch Manager salary at Kotak Mahindra Bank ranges between ₹12.1 Lakhs to ₹18.3 Lakhs per year for employees with experience between 9 years to 19 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Chief Branch Manager salaries

Last Updated: 11 Dec 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹26.6 L/yr
10 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹26.7 L/yr
Login to view exact salary
11 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.2 L/yr
12 years (AmbitionBox Estimate)	₹6 L/yr - ₹18.3 L/yr
13 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
14 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
15+ years (4 salaries)	₹12.3 L/yr - ₹17 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Senior Branch Manager Salary

(63 salaries)

₹8 L/yr - ₹24.8 L/yr

Deputy Branch Manager Salary

(187 salaries)

₹4.1 L/yr - ₹16 L/yr

Branch Manager Salary

(1k salaries)

₹7 L/yr - ₹30 L/yr

Chief Manager Salary

(905 salaries)

₹7.5 L/yr - ₹30 L/yr

Assistant Branch Manager Salary

(14 salaries)

₹2.35 L/yr - ₹6 L/yr

Area Sales Manager Salary

(250 salaries)

₹5.53 L/yr - ₹23 L/yr

Operations Manager Salary

(257 salaries)

₹2 L/yr - ₹12 L/yr

Senior Sales Manager Salary

(74 salaries)

₹7.5 L/yr - ₹14 L/yr

Area Manager Salary

(89 salaries)

₹7 L/yr - ₹30.63 L/yr

Credit Manager Salary

(1k salaries)

₹3.77 L/yr - ₹15 L/yr

Salary related reviews for Kotak Mahindra Bank

Senior Relationship Manager in Ranchi

Full Time

Sales & Business Development Department

1.0

• posted on 02 Mar 2025

2.0

for Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

Salary - Poor

+6 more

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.

Salary - Poor

+4 more

Cluster Head in Shivamogga

Full Time

Other Department

1.0

• posted on 15 Nov 2024

1.0

for Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

Salary - Bad

+6 more

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

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

Skill development - Good

+2 more

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.

Salary - Bad

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

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.

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Chief Branch Manager Salary FAQs

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

The average salary of a Chief Branch Manager at Kotak Mahindra Bank in India typically ranges from ₹12.1 Lakhs to ₹18.3 Lakhs per year, depending on experience (from 9 years to 19 years).

The top 10% of Chief Branch Manager at Kotak Mahindra Bank earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.3 Lakhs per year. Chief Branch 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 7 Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Chief Branch Manager at Kotak Mahindra Bank in India typically ranges from ₹1,04,795 to ₹1,07,672 per month. This is based on the average salary range of ₹12.1 Lakhs to ₹18.3 Lakhs per year for employees with experience ranging from 9 years to 19 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 7 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Mahindra Bank for Chief Branch Manager in India?

IDFC FIRST Bank	₹12.5 Lakhs to ₹23.5 Lakhs per year
ICICI Bank	₹14.0 Lakhs to ₹20.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.

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

The salary of a Chief Branch 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:

Bajaj Allianz Life Insurance	₹8.8 Lakhs to ₹17.5 Lakhs per year
IndusInd Bank	₹8.5 Lakhs to ₹9.7 Lakhs per year
Ujjivan Small Finance Bank	₹7.2 Lakhs to ₹13.0 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 Chief Branch Manager at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
9 years	₹12.3 Lakhs to ₹26.6 Lakhs per year
10 years	₹12.1 Lakhs to ₹26.7 Lakhs per year
11 years	₹13.4 Lakhs to ₹17.2 Lakhs per year
12 years	₹6.0 Lakhs to ₹18.3 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Chief Branch Manager Salaries

Kotak Mahindra Bank Chief Branch Manager salary in India ranges between ₹12.1 Lakhs to ₹18.3 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.