Kotak Mahindra Bank Mumbai Chief Manager and Branch Manager Salaries by 6 Employees (Updated 2025)

10 - 17 years exp.

₹14.5 Lakhs - ₹23.3 Lakhs

Salary of majority employees

27% more than the average Chief Manager and Branch Manager Salary in Banking Companies for 10 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Chief Manager and Branch Manager Salary 10 - 12 years exp. (3 salaries)	₹14.5 L/yr - ₹23.3 L/yr
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Customer Success, Service & Operations Chief Manager and Branch Manager Salary 15 - 17 years exp. (3 salaries)	₹18.6 L/yr - ₹23.3 L/yr

Last Updated: 13 Oct 2024

Chief Manager and Branch Manager salary at Kotak Mahindra Bank ranges between ₹14.5 Lakhs to ₹23.3 Lakhs per year for employees with experience between 10 years to 17 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Chief Manager and Branch Manager salaries in Mumbai

Last Updated: 13 Oct 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹30.5 L/yr
11 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹32.2 L/yr
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12 years (AmbitionBox Estimate)	₹18 L/yr - ₹33.9 L/yr
13 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹22.8 L/yr
14 years (AmbitionBox Estimate)	₹18.7 L/yr - ₹23.9 L/yr
15+ years (3 salaries)	₹18.6 L/yr - ₹23.3 L/yr

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Salary related reviews for Kotak Mahindra Bank

2.0

Rated by 1 employees for salary & benefits

Principal Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 27 Dec 2024

2.0

for Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

Salary - Poor

+4 more

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

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.

Salary - Good

+1 more

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.

Skill development - Bad

+3 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

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

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Chief Manager and Branch Manager Salary FAQs

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

Chief Manager and Branch Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹14.5 Lakhs to ₹23.3 Lakhs for experience between 10 years to 17 years. According to our estimates it is 27% more than the average Chief Manager and Branch Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Chief Manager and Branch Manager at Kotak Mahindra Bank is 27% more than the average salary of a Chief Manager and Branch Manager in Mumbai. To know exact salary insights, login to view.

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

The estimated take-home salary of a Chief Manager and Branch Manager at Kotak Mahindra Bank ranges between ₹1,33,034 per month to ₹1,37,913 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Chief Manager and Branch Manager salary in India which ranges between ₹14.5 Lakhs to ₹23.3 Lakhs per year for employees with experience between 10 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Kotak Mahindra Bank Chief Manager and Branch Managers in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Chief Manager and Branch Manager Salaries in Mumbai

Kotak Mahindra Bank Chief Manager and Branch Manager salary in Mumbai ranges between ₹14.5 Lakhs to ₹23.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.