Kotak Mahindra Bank Chief Manager Finance Salaries by 6 Employees (Updated 2025)

7 - 14 years exp.

₹7.6 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

54% less than the average Chief Manager Finance Salary in Banking Companies for 7 - 14 years of experience

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Salaries in different departments

Finance & Accounting Chief Manager Finance Salary 7 - 14 years exp. (3 salaries)	₹7.6 L/yr - ₹13.9 L/yr
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Marketing & Communication Chief Manager Finance Salary 13 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindra Bank for Chief Manager Finance

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Chief Manager Finance Salary 2 - 12 years exp. (9 salaries)	₹12 L/yr - ₹26 L/yr 61% more
State Bank of India Chief Manager Finance Salary 9 - 16 years exp. (4 salaries)	₹17.6 L/yr - ₹34.8 L/yr 82% more
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IndusInd Bank Chief Manager Finance Salary 4 - 21 years exp. (4 salaries)	₹7 L/yr - ₹12.5 L/yr 31% less
IDFC FIRST Bank Chief Manager Finance Salary 1 - 11 years exp. (4 salaries)	₹16 L/yr - ₹16.1 L/yr 22% more
Bank of Baroda Chief Manager Finance Salary 9 - 13 years exp. (6 salaries)	₹20 L/yr - ₹28 L/yr 86% more
Utkarsh Small Finance Bank Chief Manager Finance Salary 10 - 16 years exp. (4 salaries)	₹13.9 L/yr - ₹18.7 L/yr 32% more

Chief Manager Finance salary at Kotak Mahindra Bank ranges between ₹7.6 Lakhs to ₹20 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Chief Manager Finance salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹30.9 L/yr
8 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹20 L/yr
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9 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹26.8 L/yr
10 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.8 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹19 L/yr
12 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
13 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹18.6 L/yr
14 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹16.6 L/yr

View all

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Salary related reviews for Kotak Mahindra Bank

Credit Manager in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 23 Sep 2023

1.0

for Salary and Benefits

Likes

Skill Development and Learning

Skill development - Good

Dislikes

No Work-Life balance,no Salary & Benefits,not happy with Promotions / Appraisal,no Work Satisfaction,I don't kwon Company Culture, but department culture is veridis happy

Salary - Bad

+5 more

Credit Processing Associate in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 23 Dec 2022

2.0

for Salary and Benefits

Likes

Good place to learn and for skill development got nice exposure of work.. and load of work is average so you got time for work and life both.. Nice place for learn

Skill development - Good

+1 more

Dislikes

It's a offroll job , so there is No salary increment for CPA ( credit processing associates) no other benefits..

Salary - Poor

+2 more

Credit Associate in Nagpur

Full Time

Other Department

2.0

• posted on 14 Feb 2023

1.0

for Salary and Benefits

Likes

Overall good mentor is good... Work is also ok... Bosses are good in nature

Company culture - Good

Dislikes

There is no salary hike in last 4 year... No growth in position.... Working in same salary & in same position from last 4 year

Salary - Bad

+2 more

Credit Processing Associate in Kotak House Near Trinity Metro Station Bangalore

Other Department

5.0

• posted on 29 May 2022

5.0

for Salary and Benefits

Likes

Kotak Mahindra Bank Business loan process is very good and long process and we will prepartion TAT is very dificulty and Very carfully updated last two yers financials and latest one year GST returns and latest one year Banking perfios after completed TAT easly process the case the working is very easly recomending the casese.

Salary - Excellent

+5 more

Dislikes

More work and less salary, there is no co-ordination in the team, any problem is raised asking me only, our team peoples doing mistakes managers asking me, any big Financial cases shared managers me only.

Promotions - Poor

Credit Analyst in Bangalore / Bengaluru

Wholesale Banking Department

4.0

• posted on 28 May 2022

2.0

for Salary and Benefits

Likes

In terms of other Indian Banks, Kotak is far better when it comes to Work Life Balance and Work Culture. People are much more professional here. You would love it if you become a part of the wholesale banking group.

Skill development - Good

+4 more

Dislikes

Pay is on the lower side with low hikes and bonuses. Even promotions are based on the biasness and not the skill of employees.

Salary - Poor

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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!

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Kotak Mahindra Bank Chief Manager Finance Salary FAQs

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

Chief Manager Finance salary at Kotak Mahindra Bank in India ranges between ₹7.6 Lakhs to ₹20.0 Lakhs for experience between 7 years to 14 years. According to our estimates it is 54% less than the average Chief Manager Finance Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Chief Manager Finance at Kotak Mahindra Bank is 54% less than the average salary of a Chief Manager Finance in India. To know exact salary insights, login to view.

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

Bank of Baroda Chief Manager Finance Salary - ₹20.0 Lakhs to ₹28.0 Lakhs per year
State Bank of India Chief Manager Finance Salary - ₹17.6 Lakhs to ₹34.8 Lakhs per year
ICICI Bank Chief Manager Finance Salary - ₹12.0 Lakhs to ₹26.0 Lakhs per year
Utkarsh Small Finance Bank Chief Manager Finance Salary - ₹13.9 Lakhs to ₹18.7 Lakhs per year
IDFC FIRST Bank Chief Manager Finance Salary - ₹16.0 Lakhs to ₹16.1 Lakhs per year

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

IndusInd Bank Chief Manager Finance Salary - ₹7.0 Lakhs to ₹12.5 Lakhs per year

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

The estimated take-home salary of a Chief Manager Finance at Kotak Mahindra Bank ranges between ₹92,821 per month to ₹95,310 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Chief Manager Finance salary in India which ranges between ₹7.6 Lakhs to ₹20.0 Lakhs per year for employees with experience between 7 years to 14 years. Check how did we calculate take home salary?

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Kotak Mahindra Bank Chief Manager Finance Salaries by Location

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Kotak Mahindra Bank Chief Manager Finance Salaries

Kotak Mahindra Bank Chief Manager Finance salary in India ranges between ₹7.6 Lakhs to ₹20 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.

Kotak Mahindra Bank Chief Manager Finance salaries in India

Companies similar to Kotak Mahindra Bank for Chief Manager Finance

Latest annual salaries shared by Kotak Mahindra Bank Chief Manager Finance

Experience wise Kotak Mahindra Bank Chief Manager Finance salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Credit Manager in Mumbai

Credit Processing Associate in New Delhi

Credit Associate in Nagpur

Credit Processing Associate in Kotak House Near Trinity Metro Station Bangalore

Credit Analyst in Bangalore / Bengaluru

Kotak Mahindra Bank Chief Manager Finance Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Chief Manager Finance Salaries by Location