Kotak Mahindra Bank Chief Manager Salaries by 1000+ Employees (Updated 2025)

7 - 19 years exp.

₹8.8 Lakhs - ₹31.5 Lakhs

Salary of majority employees

19% less than the average Chief Manager Salary in Banking Companies for 7 - 19 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Chief Manager Salary 7 - 19 years exp. (357 salaries)	₹9 L/yr - ₹29 L/yr
Sales & Business Development Chief Manager Salary 7 - 18 years exp. (112 salaries)	₹9.2 L/yr - ₹25 L/yr
Login to view exact salary
Finance & Accounting Chief Manager Salary 7 - 19 years exp. (79 salaries)	₹9.3 L/yr - ₹29.5 L/yr
Product Management Chief Manager Salary 7 - 18 years exp. (43 salaries)	₹13 L/yr - ₹30 L/yr
Customer Success, Service & Operations Chief Manager Salary 8 - 19 years exp. (38 salaries)	₹8.8 L/yr - ₹27.5 L/yr

View all

Last Updated: 22 Jan 2025

Companies similar to Kotak Mahindra Bank for Chief Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Chief Manager Salary 8 - 15 years exp. (13 salaries)	₹8 L/yr - ₹26 L/yr 3% more
ICICI Bank Chief Manager Salary 5 - 23 years exp. (2k salaries)	₹13 L/yr - ₹39.8 L/yr 40% more
Login to view exact salary
Axis Bank Chief Manager Salary 9 - 15 years exp. (5 salaries)	₹13 L/yr - ₹16.6 L/yr 9% less
State Bank of India Chief Manager Salary 11 - 22 years exp. (359 salaries)	₹15 L/yr - ₹50 L/yr 83% more
Yes Bank Chief Manager Salary 3 - 11 years exp. (13 salaries)	₹14 L/yr - ₹35 L/yr 31% more
IndusInd Bank Chief Manager Salary 0 - 19 years exp. (1.5k salaries)	₹4.9 L/yr - ₹18 L/yr 39% less
IDFC FIRST Bank Chief Manager Salary 5 - 20 years exp. (735 salaries)	₹11 L/yr - ₹36 L/yr 16% more
Federal Bank Chief Manager Salary 1 - 31 years exp. (4 salaries)	₹12 L/yr - ₹20 L/yr 4% less
Punjab National Bank Chief Manager Salary 10 - 18 years exp. (167 salaries)	₹12.8 L/yr - ₹50.5 L/yr 66% more
Bank of Baroda Chief Manager Salary 11 - 18 years exp. (256 salaries)	₹14 L/yr - ₹52 L/yr 71% more
Union Bank of India Chief Manager Salary 10 - 17 years exp. (152 salaries)	₹12 L/yr - ₹42 L/yr 58% more
Login to view exact salary
Canara Bank Chief Manager Salary 10 - 22 years exp. (153 salaries)	₹12 L/yr - ₹40 L/yr 48% more
UCO Bank Chief Manager Salary 9 - 15 years exp. (65 salaries)	₹13.6 L/yr - ₹33 L/yr 54% more
Central Bank of India Chief Manager Salary 11 - 15 years exp. (51 salaries)	₹12 L/yr - ₹35.1 L/yr 38% more
Utkarsh Small Finance Bank Chief Manager Salary 8 - 18 years exp. (56 salaries)	₹9.6 L/yr - ₹18.5 L/yr 17% less
South Indian Bank Chief Manager Salary 10 - 17 years exp. (40 salaries)	₹14.2 L/yr - ₹26 L/yr 25% more
Karur Vysya Bank Chief Manager Salary 10 - 25 years exp. (38 salaries)	₹18 L/yr - ₹30 L/yr 31% more
City Union Bank Chief Manager Salary 10 - 22 years exp. (25 salaries)	₹16.9 L/yr - ₹30 L/yr 33% more
Ujjivan Small Finance Bank Chief Manager Salary 4 - 16 years exp. (17 salaries)	₹6.9 L/yr - ₹24.5 L/yr 16% less
Corporation Bank Chief Manager Salary 10 - 31 years exp. (8 salaries)	₹8 L/yr - ₹15 L/yr 17% less

View all

Chief Manager salary at Kotak Mahindra Bank ranges between ₹8.8 Lakhs to ₹31.5 Lakhs per year for employees with experience between 7 years to 19 years. Salary estimates are based on 1k latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Chief Manager salaries

Last Updated: 22 Jan 2025

Experience	Avg Annual Salary
7 years (88 salaries)	₹10.6 L/yr - ₹30 L/yr
8 years (103 salaries)	₹11.5 L/yr - ₹29 L/yr
Login to view exact salary
9 years (116 salaries)	₹10 L/yr - ₹30 L/yr
10 years (114 salaries)	₹10 L/yr - ₹30 L/yr
11 years (101 salaries)	₹10 L/yr - ₹31.5 L/yr
12 years (89 salaries)	₹8.8 L/yr - ₹28 L/yr
13 years (95 salaries)	₹9 L/yr - ₹27.5 L/yr
14 years (101 salaries)	₹8.8 L/yr - ₹25.5 L/yr
15+ years (217 salaries)	₹8.9 L/yr - ₹26.4 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Area Manager Salary

(96 salaries)

₹7 L/yr - ₹27.71 L/yr

Sales Manager Salary

(766 salaries)

₹1.2 L/yr - ₹11 L/yr

Credit Manager Salary

(1k salaries)

₹4 L/yr - ₹14.5 L/yr

Cluster Manager Salary

(51 salaries)

₹4.5 L/yr - ₹17 L/yr

Branch Manager Salary

(1k salaries)

₹7 L/yr - ₹25.56 L/yr

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8.4 L/yr

Territory Manager Salary

(55 salaries)

₹5.6 L/yr - ₹15.5 L/yr

Operations Manager Salary

(258 salaries)

₹2 L/yr - ₹10 L/yr

Area Sales Manager Salary

(243 salaries)

₹6.33 L/yr - ₹23 L/yr

Sales Officer Salary

(335 salaries)

₹1.4 L/yr - ₹4.33 L/yr

Top skills at Kotak Mahindra Bank for Chief Manager

Simulation HR Policies Compensation Management Stakeholder Management Data Analytics Employee Grievances Human Resource Management Employee Relations HR Generalist Activities Compensation HR Strategy HR Analytics Disciplinary Action Employee Induction Talent Management

Salary related reviews for Kotak Mahindra Bank

3.4

Rated by 119 employees for salary & benefits

Chief Manager in Mumbai

Full Time

Project & Program Management Department

3.0

• posted on 20 Oct 2022

2.0

for Salary and Benefits

Likes

In the right departments, under the right boss, you can have good work life balance. Usually work is recognised without much showmanship and you'll get atleast a basic fair appraisal if not a good one.

Job security - Good

+1 more

Dislikes

Salaries and hikes are seriously low compared to competition. Because of this reason, they have high attrition yet they refuse to revise pay scales. Promotions and high appraisals are very hard to come by; work is not enough to get these, you have to be in the good books of upper management; who are usually not objective when judging work. A lot of favouritism is practiced. Top and middle management layer is very very lazy. All they do is attend meetings, and dispense ideas and work onto juniors, without giving a thought to the practicality of execution. It is left up to the junior working layer 'how' to do something. Management will only tell you 'what' is to be done. You will get no help or training in the 'how' part.

Salary - Poor

+3 more

Chief Manager in Mumbai

It Services Department

5.0

• posted on 20 Aug 2022

5.0

for Salary and Benefits

Likes

...e respect each one in our team also team appraises each one of us for our tasks. Salary and benefits are totally on negotiation with HR that i don't want to comment. But once you are in it is your work which gives you recognition, it is a pull based company where your seniors will try to lift you based on your work.

Salary - Excellent

+6 more

Dislikes

Till this point of time didn't faced any such problem.

Chief Manager in Goregaon East Mumbai

Other Department

4.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

There is great job security at Kotak. Even in pandemic they haven't fired any employee and gave timely salary.

Salary - Good

+6 more

Dislikes

Promotion to next level takes little extra time. If employee is very good then he should be promoted basis his performance and not as per standard process.

Chief Manager in Salem

Sales & Business Development Department

2.0

• posted on 29 Jul 2018

2.0

for Salary and Benefits

Likes

One can gain knowlege and exposure on good banking systems but process is very difficult. Apart from that nothing is advantage to work with kotak. Good bank for beginners.

Dislikes

...process is more important then why hectic business pressure...cant understand. Even for passing irda/amfi this bank is not paying any reimbursements where all banks pay for it bec the Register code is with the bank immun not individual.

Salary - Poor

+5 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Chief Manager Salary FAQs

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

Chief Manager salary at Kotak Mahindra Bank in India ranges between ₹8.8 Lakhs to ₹31.5 Lakhs for experience between 7 years to 19 years. According to our estimates it is 19% less than the average Chief Manager Salary in India. Salary estimates are based on 1k latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Chief Manager at Kotak Mahindra Bank is 19% less than the average salary of a Chief Manager in India. To know exact salary insights, login to view.

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

Simulation, HR Policies, Compensation Management, Stakeholder Management and Data Analytics are some of the popular skills required to work as a Chief Manager at Kotak Mahindra Bank India.

Which similar companies are paying more than Kotak Mahindra Bank to a Chief Manager in India?

State Bank of India Chief Manager Salary - ₹15.0 Lakhs to ₹50.0 Lakhs per year
Bank of Baroda Chief Manager Salary - ₹14.0 Lakhs to ₹52.0 Lakhs per year
Punjab National Bank Chief Manager Salary - ₹12.8 Lakhs to ₹50.5 Lakhs per year
Union Bank of India Chief Manager Salary - ₹12.0 Lakhs to ₹42.0 Lakhs per year
UCO Bank Chief Manager Salary - ₹13.6 Lakhs to ₹33.0 Lakhs per year

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

Canara Bank Chief Manager Salary - ₹12.0 Lakhs to ₹40.0 Lakhs per year
ICICI Bank Chief Manager Salary - ₹13.0 Lakhs to ₹39.8 Lakhs per year
Central Bank of India Chief Manager Salary - ₹12.0 Lakhs to ₹35.1 Lakhs per year
City Union Bank Chief Manager Salary - ₹16.9 Lakhs to ₹30.0 Lakhs per year
Yes Bank Chief Manager Salary - ₹14.0 Lakhs to ₹35.0 Lakhs per year

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

The estimated take-home salary of a Chief Manager at Kotak Mahindra Bank ranges between ₹1,19,781 per month to ₹1,23,142 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Chief Manager salary in India which ranges between ₹8.8 Lakhs to ₹31.5 Lakhs per year for employees with experience between 7 years to 19 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 78% of the Kotak Mahindra Bank Chief Managers reported a notice period of 3 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 360 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Chief Manager Salaries by Location

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

Kotak Mahindra Bank Chief Manager salary in India ranges between ₹8.8 Lakhs to ₹31.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 1k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Chief Manager salaries in India

Companies similar to Kotak Mahindra Bank for Chief Manager

Latest annual salaries shared by Kotak Mahindra Bank Chief Manager

Experience wise Kotak Mahindra Bank Chief Manager salaries

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Chief Manager

Salary related reviews for Kotak Mahindra Bank

Chief Manager in Mumbai

Chief Manager in Mumbai

Chief Manager in Goregaon East Mumbai

Chief Manager in Salem

Deputy Branch Manager in Ahmedabad

Kotak Mahindra Bank Chief Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Chief Manager Salaries by Location