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Kotak Mahindra Bank Chief Manager salaries in Surat

Annual salary range
7 - 19 years exp.
₹9.5 Lakhs - ₹25 Lakhs
Salary of majority employees
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21% less than the average Chief Manager Salary in Banking Companies for 7 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Chief Manager Salary
10 - 18 years exp. (8 salaries)
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₹9.5 L/yr - ₹25 L/yr

Finance & Accounting
Chief Manager Salary
7 - 11 years exp. (AmbitionBox Estimate)
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₹10 L/yr - ₹18.1 L/yr

Last Updated: 28 May 2023

Companies similar to Kotak Mahindra Bank for Chief Manager in Surat

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Kotak Mahindra Bank Chief Manager Salary

7 - 19 years exp. (11 salaries)

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₹9.5 L/yr - ₹25 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Punjab National Bank Chief Manager Salary

11 - 12 years exp. (4 salaries)

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₹15 L/yr - ₹30 L/yr

arrow icon 76% more
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Kotak Mahindra Prime Chief Manager Salary

9 - 17 years exp. (3 salaries)

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₹12 L/yr - ₹15.2 L/yr

arrow icon 11% less
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Bank of India Chief Manager Salary

12 - 14 years exp. (3 salaries)

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₹26 L/yr - ₹30 L/yr

arrow icon 60% more
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₹11.4 L/yr - ₹14.4 L/yr

arrow icon 23% less
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Kottex Industries Chief Manager Salary

8 - 9 years exp. (3 salaries)

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₹16.5 L/yr - ₹19.9 L/yr

arrow icon 9% more
Chief Manager salary at Kotak Mahindra Bank ranges between ₹9.5 Lakhs to ₹25 Lakhs per year for employees with experience between 7 years to 19 years. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra Bank.

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

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18 years exp.
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16 years exp.
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11 years exp.
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14 years exp.
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14 years exp.
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10 years exp.
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12 years exp.
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7 years exp.
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16 years exp.
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14 years exp.

Experience wise Kotak Mahindra Bank Chief Manager salaries in Surat

Last Updated: 28 May 2023

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹10 L/yr - ₹33.4 L/yr
8 years (AmbitionBox Estimate)

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₹16.4 L/yr - ₹21 L/yr
9 years (AmbitionBox Estimate)

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₹16.1 L/yr - ₹20.6 L/yr
10 years (AmbitionBox Estimate)

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₹7 L/yr - ₹25 L/yr
11 years (AmbitionBox Estimate)

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₹12 L/yr - ₹31.1 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Branch Manager Salary
(41 salaries)
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₹9 L/yr - ₹24 L/yr
Sales Officer Salary
(17 salaries)
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₹1.45 L/yr - ₹4 L/yr
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₹6.25 L/yr - ₹15.2 L/yr
Area Manager Salary
(5 salaries)
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₹8 L/yr - ₹27.05 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

3.0

Rated by 2 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.

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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.

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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.

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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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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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Full Time

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BFSI, Investments & Trading Department

2.0
  •  posted on 24 Nov 2024

2.0
 for  Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

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Kotak Mahindra Bank Chief Manager Salary FAQs

What is the salary of Chief Manager at Kotak Mahindra Bank Surat?
Chief Manager salary at Kotak Mahindra Bank in Surat ranges between ₹9.5 Lakhs to ₹25.0 Lakhs for experience between 7 years to 19 years. According to our estimates it is 21% less than the average Chief Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra Bank Surat.
How does the salary of a Chief Manager at Kotak Mahindra Bank Surat compare with the average salary range for this job?
The average salary of a Chief Manager at Kotak Mahindra Bank is 21% less than the average salary of a Chief Manager in Surat. To know exact salary insights, login to view.
What are the top skills required to work as a Chief Manager at Kotak Mahindra Bank?
Simulation, HR Policies, Compensation Management, Stakeholder Management and Data Analytics are some of the popular skills required to work as a Chief Manager at Kotak Mahindra Bank Surat.
Which similar companies are paying more than Kotak Mahindra Bank to a Chief Manager in Surat?
  • Punjab National Bank Chief Manager Salary - ₹15.0 Lakhs to ₹30.0 Lakhs per year
  • Bank of India Chief Manager Salary - ₹26.0 Lakhs to ₹30.0 Lakhs per year
  • Kottex Industries Chief Manager Salary - ₹16.5 Lakhs to ₹19.9 Lakhs per year
What is the salary of a Chief Manager in companies similar to Kotak Mahindra Bank in Surat?
  • Kotak Mahindra Prime Chief Manager Salary - ₹12.0 Lakhs to ₹15.2 Lakhs per year
  • Agarwal & Dhandhania Chartered Accountants Chief Manager Salary - ₹11.4 Lakhs to ₹14.4 Lakhs per year
What is the estimated take home salary of a Chief Manager at Kotak Mahindra Bank in Surat?
The estimated take-home salary of a Chief Manager at Kotak Mahindra Bank ranges between ₹1,12,984 per month to ₹1,16,125 per month in Surat. The take-home salary calculation is based on the average Kotak Mahindra Bank Chief Manager salary in India which ranges between ₹9.5 Lakhs to ₹25.0 Lakhs per year for employees with experience between 7 years to 19 years. Check how did we calculate take home salary?
What is the notice period for Chief Manager at Kotak Mahindra Bank in Surat?
According to AmbitionBox, 100% of the Kotak Mahindra Bank Chief Managers in Surat reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Chief Manager salary in Surat ranges between ₹9.5 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.