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Kotak Mahindra Bank Chief Manager salaries in Pune

Annual salary range
7 - 19 years exp.
₹11 Lakhs - ₹23.5 Lakhs
Salary of majority employees
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23% less than the average Chief Manager Salary in Banking Companies for 7 - 19 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Chief Manager Salary
7 - 15 years exp. (20 salaries)
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₹11 L/yr - ₹23.5 L/yr

Sales & Business Development
Chief Manager Salary
10 - 15 years exp. (8 salaries)
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₹12.5 L/yr - ₹19 L/yr

Customer Success, Service & Operations
Chief Manager Salary
15 - 19 years exp. (4 salaries)
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₹12 L/yr - ₹16.4 L/yr

Finance & Accounting
Chief Manager Salary
12 - 14 years exp. (3 salaries)
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₹12 L/yr - ₹18.2 L/yr

Data Science & Analytics
Chief Manager Salary
11 years exp. (AmbitionBox Estimate)
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₹13.5 L/yr - ₹18.8 L/yr

Last Updated: 31 Jul 2024

Companies similar to Kotak Mahindra Bank for Chief Manager in Pune

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Kotak Mahindra Bank Chief Manager Salary

7 - 19 years exp. (39 salaries)

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₹11 L/yr - ₹23.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Chief Manager Salary

5 - 19 years exp. (71 salaries)

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₹14 L/yr - ₹30 L/yr

arrow icon 45% more
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IndusInd Bank Chief Manager Salary

4 - 16 years exp. (48 salaries)

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₹6 L/yr - ₹14 L/yr

arrow icon 33% less
1 job opening
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Bank of Baroda Chief Manager Salary

11 - 15 years exp. (12 salaries)

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₹17 L/yr - ₹35 L/yr

arrow icon 83% more
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Union Bank of India Chief Manager Salary

12 - 17 years exp. (6 salaries)

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₹14 L/yr - ₹30 L/yr

arrow icon 69% more
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Central Bank of India Chief Manager Salary

11 - 12 years exp. (4 salaries)

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₹15.3 L/yr - ₹24.8 L/yr

arrow icon 40% more
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HDFC Bank Chief Manager Salary

9 - 11 years exp. (3 salaries)

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₹13 L/yr - ₹20.1 L/yr

arrow icon 11% more
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UCO Bank Chief Manager Salary

11 - 14 years exp. (3 salaries)

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₹20 L/yr - ₹26.8 L/yr

arrow icon 57% more
Chief Manager salary at Kotak Mahindra Bank ranges between ₹11 Lakhs to ₹23.5 Lakhs per year for employees with experience between 7 years to 19 years. Salary estimates are based on 39 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Chief Manager in Pune

7mo ago
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14 years exp.
1y ago
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10 years exp.
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14 years exp.
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7 years exp.
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17 years exp.
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15 years exp.
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18 years exp.

Experience wise Kotak Mahindra Bank Chief Manager salaries in Pune

Last Updated: 31 Jul 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹16.6 L/yr - ₹21.2 L/yr
8 years (AmbitionBox Estimate)

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₹16.4 L/yr - ₹20.9 L/yr
9 years (AmbitionBox Estimate)

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₹16.1 L/yr - ₹20.6 L/yr
10 years  (8 salaries)

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₹12.5 L/yr - ₹22 L/yr
11 years  (6 salaries)

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₹13 L/yr - ₹22 L/yr
View all
Kotak Mahindra Bank Chief Manager Salary and Career Growth

From

To

Chief Manager

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7 - 19 years exp.

Senior Vice President

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15 - 24 years exp.

Chief Manager

7 - 19 years exp.
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Associate Vice President

3 - 21 years exp.
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arrow icon 15% hike

Vice President

12 - 21 years exp.
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arrow icon 106% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(836 salaries)
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₹1.75 L/yr - ₹7.5 L/yr
Sales Manager Salary
(82 salaries)
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₹2.5 L/yr - ₹11 L/yr
Credit Manager Salary
(62 salaries)
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₹4 L/yr - ₹15 L/yr
Branch Manager Salary
(55 salaries)
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₹7 L/yr - ₹21 L/yr
Sales Officer Salary
(27 salaries)
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₹1.5 L/yr - ₹4.2 L/yr
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₹4 L/yr - ₹8.89 L/yr
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₹8 L/yr - ₹20 L/yr
Area Manager Salary
(11 salaries)
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₹7 L/yr - ₹26.5 L/yr

Top skills at Kotak Mahindra Bank for Chief Manager

Simulation HR Policies Compensation Management Stakeholder Management Data Analytics Employee Grievances Human Resource Management Employee Relations HR Generalist Activities Compensation HR Strategy HR Analytics Disciplinary Action Employee Induction Talent Management

Salary related reviews for Kotak Mahindra Bank

3.6

Rated by 3 employees for salary & benefits

Full Time

 · 

Project & Program Management Department

3.0
  •  posted on 20 Oct 2022

2.0
 for  Salary and Benefits

Likes

In the right departments, under the right boss, you can have good work life balance. Usually work is recognised without much showmanship and you'll get atleast a basic fair appraisal if not a good one.

read more
  • Job security - Good
  • +1 more

Dislikes

Salaries and hikes are seriously low compared to competition. Because of this reason, they have high attrition yet they refuse to revise pay scales. Promotions and high appraisals are very hard to come by; work is not enough to get these, you have to be in the good books of upper management; who are usually not objective when judging work. A lot of favouritism is practiced. Top and middle management layer is very very lazy. All they do is attend meetings, and dispense ideas and work onto juniors, without giving a thought to the practicality of execution. It is left up to the junior working layer 'how' to do something. Management will only tell you 'what' is to be done. You will get no help or training in the 'how' part.

read more
  • Salary - Poor
  • +3 more

It Services Department

5.0
  •  posted on 20 Aug 2022

5.0
 for  Salary and Benefits

Likes

...e respect each one in our team also team appraises each one of us for our tasks. Salary and benefits are totally on negotiation with HR that i don't want to comment. But once you are in it is your work which gives you recognition, it is a pull based company where your seniors will try to lift you based on your work.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Till this point of time didn't faced any such problem.

Other Department

4.0
  •  posted on 20 Apr 2022

4.0
 for  Salary and Benefits

Likes

There is great job security at Kotak. Even in pandemic they haven't fired any employee and gave timely salary.

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  • Salary - Good
  • +6 more

Dislikes

Promotion to next level takes little extra time. If employee is very good then he should be promoted basis his performance and not as per standard process.

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Sales & Business Development Department

2.0
  •  posted on 29 Jul 2018

2.0
 for  Salary and Benefits

Likes

One can gain knowlege and exposure on good banking systems but process is very difficult. Apart from that nothing is advantage to work with kotak. Good bank for beginners.

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Dislikes

...process is more important then why hectic business pressure...cant understand. Even for passing irda/amfi this bank is not paying any reimbursements where all banks pay for it bec the Register code is with the bank immun not individual.

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  • Salary - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 02 Mar 2025

2.0
 for  Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

read more
  • Salary - Poor
  • +6 more
see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Chief Manager Salary FAQs

What is the salary of Chief Manager at Kotak Mahindra Bank in Pune?
The average salary of a Chief Manager at Kotak Mahindra Bank in Pune typically ranges from ₹11.0 Lakhs to ₹23.5 Lakhs per year, depending on experience (from 7 years to 19 years).

The top 10% of Chief Manager in Pune at Kotak Mahindra Bank earn more than ₹20.5 Lakhs per year, and the top 1% earn over ₹23.5 Lakhs per year. Chief Manager 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 30+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Chief Manager at Kotak Mahindra Bank in Pune?
The estimated take-home salary of a Chief Manager at Kotak Mahindra Bank in Pune typically ranges from ₹1,13,412 to ₹1,16,566 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹23.5 Lakhs per year for employees with experience ranging from 7 years to 19 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 30+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Chief Manager at Kotak Mahindra Bank in Pune?
To be a Chief Manager at Kotak Mahindra Bank in Pune, the key skills required include:

  • - Simulation
  • - HR Policies
  • - Compensation Management
  • - Stakeholder Management
  • - Data Analytics

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindra Bank for Chief Manager in India?
Bank of Baroda ₹17.0 Lakhs to ₹35.0 Lakhs per year
Union Bank of India ₹14.0 Lakhs to ₹30.0 Lakhs per year
UCO Bank ₹20.0 Lakhs to ₹26.8 Lakhs per year
ICICI Bank ₹14.0 Lakhs to ₹30.0 Lakhs per year
Central Bank of India ₹15.3 Lakhs to ₹24.8 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 in companies similar to Kotak Mahindra Bank in Pune?
The salary of a Chief Manager at companies similar to Kotak Mahindra Bank in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank ₹13.0 Lakhs to ₹20.1 Lakhs per year
IndusInd Bank ₹6.0 Lakhs to ₹14.0 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 at Kotak Mahindra Bank in Pune?
The salary growth for a Chief Manager at Kotak Mahindra Bank in Pune depends on factors such as experience, performance, and promotions. On average, a Chief Manager in Pune can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
7 years ₹16.6 Lakhs to ₹21.2 Lakhs per year
8 years ₹16.4 Lakhs to ₹20.9 Lakhs per year
9 years ₹16.1 Lakhs to ₹20.6 Lakhs per year
10 years ₹12.5 Lakhs to ₹22.0 Lakhs per year
and so on.

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Kotak Mahindra Bank Chief Manager salary in Pune ranges between ₹11 Lakhs to ₹23.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 39 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.