Kotak Mahindra Bank Chief Manager Operations Salaries by 20+ Employees (Updated 2025)

7 - 17 years exp.

₹7.5 Lakhs - ₹17 Lakhs

Salary of majority employees

29% 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
ICICI Bank Chief Manager Operations Salary 10 - 23 years exp. (37 salaries)	₹16 L/yr - ₹35 L/yr 88% more
State Bank of India Chief Manager Operations Salary 31 - 34 years exp. (4 salaries)	₹12 L/yr - ₹18 L/yr 37% more
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IndusInd Bank Chief Manager Operations Salary 7 - 17 years exp. (52 salaries)	₹5.7 L/yr - ₹12.3 L/yr 25% less
Yes Bank Chief Manager Operations Salary 2 - 9 years exp. (3 salaries)	₹6.8 L/yr - ₹8.6 L/yr 41% less
IDFC FIRST Bank Chief Manager Operations Salary 8 - 18 years exp. (9 salaries)	₹10.5 L/yr - ₹16.3 L/yr 6% 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

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.

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
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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

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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.

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

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

Junior Associate in Coimbatore

Full Time

Sales & Business Development Department

3.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

I'm working from kotak 2021to still, it's more comfortable office to me with supportive team and management

Skill development - Excellent

+3 more

Dislikes

Actually I'm working at kotak for past 3 years when I join here my salary monthly 12000 , 3 years gone and also march 2023 I got promotion as a team leader, I given good support to my team also given good business but still I didn't get hike and 12000 only I'm getting. So i need salary improvement for my effective work and do the needful

Salary - Bad

+1 more

see more salary related reviews

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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!

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Kotak Mahindra Bank Chief Manager Operations Salary FAQs

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

Chief Manager Operations salary at Kotak Mahindra Bank in India ranges between ₹7.5 Lakhs to ₹17.0 Lakhs for experience between 7 years to 17 years. According to our estimates it is 29% less than the average Chief Manager Operations Salary in India. Salary estimates are based on 20 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Chief Manager Operations at Kotak Mahindra Bank is 29% less than the average salary of a Chief Manager Operations in India. To know exact salary insights, login to view.

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

ICICI Bank Chief Manager Operations Salary - ₹16.0 Lakhs to ₹35.0 Lakhs per year
Bank of Baroda Chief Manager Operations Salary - ₹15.0 Lakhs to ₹25.0 Lakhs per year
State Bank of India Chief Manager Operations Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year
IDFC FIRST Bank Chief Manager Operations Salary - ₹10.5 Lakhs to ₹16.3 Lakhs per year

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

Utkarsh Small Finance Bank Chief Manager Operations Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
IndusInd Bank Chief Manager Operations Salary - ₹5.7 Lakhs to ₹12.3 Lakhs per year
Yes Bank Chief Manager Operations Salary - ₹6.8 Lakhs to ₹8.6 Lakhs per year

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 ranges between ₹90,397 per month to ₹92,773 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Chief Manager Operations salary in India which ranges between ₹7.5 Lakhs to ₹17.0 Lakhs per year for employees with experience between 7 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Kotak Mahindra Bank Chief Manager Operationss reported a notice period of 3 Months, 33% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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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.