Kotak Mahindra Bank Mumbai Chief Manager Operations Salaries by 8 Employees

11 - 17 years exp.

₹8.8 Lakhs - ₹17 Lakhs

Avg. annual salary

Monthly In-hand Salary

17% less than the average Chief Manager Operations Salary in Banking Companies for 11 - 17 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Chief Manager Operations Salary 11 - 15 years exp. (4 salaries)	₹8.8 L/yr - ₹14.5 L/yr
Login to view exact salary
Customer Success, Service & Operations Chief Manager Operations Salary 12 - 17 years exp. (AmbitionBox Estimate)	₹11.8 L/yr - ₹14.8 L/yr

Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindra Bank for Chief Manager Operations in Mumbai

Kotak Mahindra Bank Chief Manager Operations Salary

11 - 17 years exp. (8 salaries)

₹8.8 L/yr - ₹17 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Chief Manager Operations Salary 14 - 23 years exp. (12 salaries)	₹16 L/yr - ₹34 L/yr 91% more
IndusInd Bank Chief Manager Operations Salary 9 - 16 years exp. (11 salaries)	₹6.3 L/yr - ₹12 L/yr 38% less
Login to view exact salary
IDFC FIRST Bank Chief Manager Operations Salary 8 - 18 years exp. (5 salaries)	₹10.5 L/yr - ₹15 L/yr At par
Kotak Mahindara Life Insurance Chief Manager Operations Salary 2 - 18 years exp. (11 salaries)	₹8.7 L/yr - ₹16 L/yr 18% less
Tata AIG Chief Manager Operations Salary 10 - 18 years exp. (8 salaries)	₹12.3 L/yr - ₹15.2 L/yr 4% more

Chief Manager Operations salary at Kotak Mahindra Bank ranges between ₹8.8 Lakhs to ₹17 Lakhs per year for employees with experience between 11 years to 17 years. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Chief Manager Operations salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
12 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr
Login to view exact salary
13 years (3 salaries)	₹11.1 L/yr - ₹17 L/yr
14 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
15+ years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.8 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(3.4k salaries)

₹1.65 L/yr - ₹8.2 L/yr

Associate Vice President Salary

(730 salaries)

₹9.7 L/yr - ₹36.9 L/yr

Product Manager Salary

(429 salaries)

₹6.92 L/yr - ₹24 L/yr

Chief Manager Salary

(397 salaries)

₹7.5 L/yr - ₹30 L/yr

Sales Executive Salary

(178 salaries)

₹1.05 L/yr - ₹5 L/yr

Business Analyst Salary

(152 salaries)

₹9.73 L/yr - ₹19.5 L/yr

Relationship Officer Salary

(122 salaries)

₹2.3 L/yr - ₹6.05 L/yr

Junior Associate Salary

(122 salaries)

₹1.15 L/yr - ₹3.5 L/yr

Assistant Acquisition Manager Salary

(112 salaries)

₹1.8 L/yr - ₹3.8 L/yr

Team Lead Salary

(82 salaries)

₹1.8 L/yr - ₹9 L/yr

Salary related reviews for Kotak Mahindra Bank

5.0

Rated by 1 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

Discover interview dos and don'ts from real experiences

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.

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Chief Manager Operations Salary FAQs

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

The average salary of a Chief Manager Operations at Kotak Mahindra Bank in Mumbai typically ranges from ₹8.8 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 11 years to 17 years).

The top 10% of Chief Manager Operations in Mumbai at Kotak Mahindra Bank earn more than ₹15.9 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 8 Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Chief Manager Operations at Kotak Mahindra Bank in Mumbai typically ranges from ₹94,585 to ₹97,132 per month. This is based on the average salary range of ₹8.8 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 11 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 8 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 ₹34.0 Lakhs per year
Tata AIG	₹12.3 Lakhs to ₹15.2 Lakhs per year
IDFC FIRST Bank	₹10.5 Lakhs to ₹15.0 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 Mumbai?

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

Kotak Mahindara Life Insurance	₹8.7 Lakhs to ₹16.0 Lakhs per year
IndusInd Bank	₹6.3 Lakhs to ₹12.0 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 Mumbai?

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

Experience	Average Salary Range
11 years	₹11.9 Lakhs to ₹15.2 Lakhs per year
12 years	₹12.1 Lakhs to ₹15.5 Lakhs per year
13 years	₹11.1 Lakhs to ₹17.0 Lakhs per year
14 years	₹12.6 Lakhs to ₹16.1 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Chief Manager Operations Salaries >
Kotak Mahindra Bank Chief Manager Operations Salaries in Mumbai

Kotak Mahindra Bank Chief Manager Operations salary in Mumbai ranges between ₹8.8 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.