Kotak Mahindra Bank Chief Manager Operations Salaries by 20+ Employees

7 - 17 years exp.

₹7.5 Lakhs - ₹17 Lakhs

Avg. annual salary

Monthly In-hand Salary

28% less than the average Chief Manager Operations Salary in Banking Companies for 7 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Chief Manager Operations Salary 7 - 15 years exp. (15 salaries)	₹7.5 L/yr - ₹15 L/yr
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Customer Success, Service & Operations Chief Manager Operations Salary 12 - 17 years exp. (AmbitionBox Estimate)	₹11.8 L/yr - ₹14.1 L/yr

Last Updated: 18 Apr 2023

Companies similar to Kotak Mahindra Bank for Chief Manager Operations

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Chief Manager Operations Salary 9 - 17 years exp. (48 salaries)	₹5.1 L/yr - ₹12.3 L/yr 35% less
ICICI Bank Chief Manager Operations Salary 14 - 23 years exp. (30 salaries)	₹16 L/yr - ₹36 L/yr 90% more
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IDFC FIRST Bank Chief Manager Operations Salary 8 - 18 years exp. (9 salaries)	₹10.5 L/yr - ₹16.3 L/yr 8% more
Bank of Baroda Chief Manager Operations Salary 15 - 31 years exp. (4 salaries)	₹15 L/yr - ₹25 L/yr 60% more
Utkarsh Small Finance Bank Chief Manager Operations Salary 10 - 25 years exp. (4 salaries)	₹10 L/yr - ₹17 L/yr 10% less
Yes Bank Chief Manager Operations Salary 2 - 9 years exp. (3 salaries)	₹6.8 L/yr - ₹8.6 L/yr 41% less
Karur Vysya Bank Chief Manager Operations Salary 13 - 31 years exp. (3 salaries)	₹14 L/yr - ₹26 L/yr 55% more

Chief Manager Operations salary at Kotak Mahindra Bank ranges between ₹7.5 Lakhs to ₹17 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 20 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Chief Manager Operations

1y ago

₹15 Lakhs

11 years exp.

1y ago

₹11.8 Lakhs

17 years exp.

1y ago

₹12 Lakhs

12 years exp.

1y ago

₹8.8 Lakhs

11 years exp.

1y ago

₹11.7 Lakhs

12 years exp.

1y ago

13 years exp.

1y ago

10 years exp.

1y ago

15 years exp.

1y ago

15 years exp.

1y ago

11 years exp.

Experience wise Kotak Mahindra Bank Chief Manager Operations salaries

Last Updated: 18 Apr 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹20.5 L/yr
8 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
Login to view exact salary
9 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹21.5 L/yr
10 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹15 L/yr
11 years (4 salaries)	₹7.5 L/yr - ₹15 L/yr
12 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹23 L/yr
13 years (4 salaries)	₹11.1 L/yr - ₹17 L/yr
14 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹13.4 L/yr
15+ years (6 salaries)	₹11.8 L/yr - ₹15 L/yr

View all

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Salary related reviews for Kotak Mahindra Bank

3.9

Rated by 3 employees for salary & benefits

Chief Manager Operations in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 11 May 2023

3.0

for Salary and Benefits

Likes

Priority team is the best team in my kotak career. Work life balance is there. Understanding supervisor. So thumbsup for priority team.

Skill development - Good

+3 more

Dislikes

... work is too hectic. Always shortage of staff...... Work load is too much.. Salary what u get is peanut but work is way more than that.

Relationship Officer in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

On time salary

Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

Salary - Poor

+4 more

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+2 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

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.

Salary - Excellent

+6 more

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

see more salary related reviews

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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.

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Kotak Mahindra Bank Chief Manager Operations Salary FAQs

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

The average salary of a Chief Manager Operations at Kotak Mahindra Bank in India typically ranges from ₹7.5 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 7 years to 17 years).

The top 10% of Chief Manager Operations at Kotak Mahindra Bank earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Chief Manager Operations 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 20+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Chief Manager Operations at Kotak Mahindra Bank in India typically ranges from ₹90,397 to ₹92,773 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 7 years to 17 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 20+ 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 Manager Operations in India?

ICICI Bank	₹16.0 Lakhs to ₹36.0 Lakhs per year
Bank of Baroda	₹15.0 Lakhs to ₹25.0 Lakhs per year
Karur Vysya Bank	₹14.0 Lakhs to ₹26.0 Lakhs per year
IDFC FIRST Bank	₹10.5 Lakhs to ₹16.3 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 Manager Operations in companies similar to Kotak Mahindra Bank in India?

The salary of a Chief Manager Operations at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Utkarsh Small Finance Bank	₹10.0 Lakhs to ₹17.0 Lakhs per year
IndusInd Bank	₹5.1 Lakhs to ₹12.3 Lakhs per year
Yes Bank	₹6.8 Lakhs to ₹8.6 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 Manager Operations at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
7 years	₹8.1 Lakhs to ₹20.5 Lakhs per year
8 years	₹10.5 Lakhs to ₹13.4 Lakhs per year
9 years	₹9.8 Lakhs to ₹21.5 Lakhs per year
10 years	₹4.9 Lakhs to ₹15.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Chief Manager Operations Salaries

Kotak Mahindra Bank Chief Manager Operations salary in India ranges between ₹7.5 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.