Kotak Mahindra Bank Customer Service Manager Salaries by 60+ Employees (Updated 2025)

1 - 8 years exp.

₹2 Lakhs - ₹7.5 Lakhs

Salary of majority employees

24% less than the average Customer Service Manager Salary in Banking Companies for 1 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Customer Service Manager Salary 1 - 8 years exp. (35 salaries)	₹2 L/yr - ₹7.5 L/yr
BFSI, Investments & Trading Customer Service Manager Salary 2 - 8 years exp. (15 salaries)	₹2.2 L/yr - ₹7.4 L/yr
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Finance & Accounting Customer Service Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹4.9 L/yr
Procurement & Supply Chain Customer Service Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹7.5 L/yr

Last Updated: 25 Jan 2025

Companies similar to Kotak Mahindra Bank for Customer Service Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Customer Service Manager Salary 0 - 12 years exp. (45 salaries)	₹2.3 L/yr - ₹9 L/yr 5% more
ICICI Bank Customer Service Manager Salary 2 - 9 years exp. (474 salaries)	₹1.2 L/yr - ₹9.5 L/yr 7% more
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Axis Bank Customer Service Manager Salary 5 - 13 years exp. (87 salaries)	₹2.4 L/yr - ₹10.5 L/yr 42% more
State Bank of India Customer Service Manager Salary 1 - 8 years exp. (6 salaries)	₹1.2 L/yr - ₹7 L/yr 12% less
Yes Bank Customer Service Manager Salary 0 - 7 years exp. (6 salaries)	₹2.8 L/yr - ₹7.5 L/yr 5% more
IndusInd Bank Customer Service Manager Salary 2 - 10 years exp. (189 salaries)	₹1.8 L/yr - ₹5.5 L/yr 11% less
IDFC FIRST Bank Customer Service Manager Salary 2 - 11 years exp. (174 salaries)	₹2.7 L/yr - ₹8 L/yr 20% more
Utkarsh Small Finance Bank Customer Service Manager Salary 1 - 9 years exp. (15 salaries)	₹1.8 L/yr - ₹5.5 L/yr 18% less
RBL Bank Customer Service Manager Salary 3 - 8 years exp. (11 salaries)	₹3.2 L/yr - ₹7.2 L/yr 9% less
Bandhan Bank Customer Service Manager Salary 3 - 9 years exp. (8 salaries)	₹2.7 L/yr - ₹5 L/yr 7% less
Jana Small Finance Bank Customer Service Manager Salary 3 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹5 L/yr 3% less
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IDBI Bank Customer Service Manager Salary 9 - 11 years exp. (3 salaries)	₹12 L/yr - ₹20.8 L/yr 258% more
Bank of Baroda Customer Service Manager Salary 2 - 16 years exp. (3 salaries)	₹2.3 L/yr - ₹9.9 L/yr 22% more
Ujjivan Small Finance Bank Customer Service Manager Salary 6 - 8 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 2% less

Customer Service Manager salary at Kotak Mahindra Bank ranges between ₹2 Lakhs to ₹7.5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 66 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Customer Service Manager salaries

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹2 L/yr - ₹3.5 L/yr
2 years (9 salaries)	₹2 L/yr - ₹4.1 L/yr
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3 years (15 salaries)	₹2.2 L/yr - ₹5.1 L/yr
4 years (13 salaries)	₹2.7 L/yr - ₹7.5 L/yr
5 years (6 salaries)	₹4.2 L/yr - ₹7.4 L/yr
6 years (8 salaries)	₹3.4 L/yr - ₹7.3 L/yr
7 years (4 salaries)	₹3.4 L/yr - ₹6.5 L/yr
8 years (7 salaries)	₹3.6 L/yr - ₹7.5 L/yr

View all

From

Customer Service Manager

₹

Lakhs/yr

1 - 8 years exp.

Regional Sales Manager

₹

Lakhs/yr

11 - 21 years exp.

Customer Service Manager 1 - 8 years exp.

Brach Operation Manager 4 - 15 years exp.

82% hike

Branch Manager 7 - 20 years exp.

98% hike

From

2 more levels

Customer Service Manager

1 - 8 years exp.

Regional Asset Manager

15 - 17 years exp.

Similar Designation salaries in Kotak Mahindra Bank

Customer Service Officer Salary

(125 salaries)

₹1.5 L/yr - ₹4 L/yr

Customer Service Associate Salary

(25 salaries)

₹1.5 L/yr - ₹4 L/yr

Customer Service Executive Salary

(124 salaries)

₹1.4 L/yr - ₹5 L/yr

Customer Relationship Manager Salary

(37 salaries)

₹1.8 L/yr - ₹6.75 L/yr

Customer Service Representative Salary

(8 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Customer Care Executive Salary

(42 salaries)

₹1.4 L/yr - ₹5 L/yr

Customer Support Associate Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Branch Manager Salary

(1k salaries)

₹7 L/yr - ₹25.56 L/yr

Service Engineer Salary

(4 salaries)

₹2 L/yr - ₹4 L/yr

Customer Support Executive Salary

(16 salaries)

₹1.75 L/yr - ₹4.18 L/yr

Top skills at Kotak Mahindra Bank for Customer Service Manager

Customer Satisfaction Communication Skills Customer Relationship customer support Customer Handling Solving Queries Customer Service

Salary related reviews for Kotak Mahindra Bank

2.8

Rated by 20 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 11 Jun 2024

2.0

for Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 May 2024

3.0

for Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

Skill development - Good

+1 more

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

Work satisfaction - Bad

+2 more

Deputy Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2024

2.0

for Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Job security - Good

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Skill development - Poor

+1 more

Deputy Manager in Thane

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Nov 2023

2.0

for Salary and Benefits

Likes

Work profile and process is good.

Dislikes

Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

Salary - Poor

+4 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 Customer Service Manager Salary FAQs

What is the salary of Customer Service Manager at Kotak Mahindra Bank?

Customer Service Manager salary at Kotak Mahindra Bank in India ranges between ₹2.0 Lakhs to ₹7.5 Lakhs for experience between 1 years to 8 years. According to our estimates it is 24% less than the average Customer Service Manager Salary in India. Salary estimates are based on 66 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Customer Service Manager at Kotak Mahindra Bank is 24% less than the average salary of a Customer Service Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Customer Service Manager at Kotak Mahindra Bank?

Customer Satisfaction, Communication Skills, Customer Relationship, customer support and Customer Handling are some of the popular skills required to work as a Customer Service Manager at Kotak Mahindra Bank India.

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

IDBI Bank Customer Service Manager Salary - ₹12.0 Lakhs to ₹20.8 Lakhs per year
Axis Bank Customer Service Manager Salary - ₹2.4 Lakhs to ₹10.5 Lakhs per year
Bank of Baroda Customer Service Manager Salary - ₹2.3 Lakhs to ₹9.9 Lakhs per year
IDFC FIRST Bank Customer Service Manager Salary - ₹2.7 Lakhs to ₹8.0 Lakhs per year
ICICI Bank Customer Service Manager Salary - ₹1.2 Lakhs to ₹9.5 Lakhs per year

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

HDFC Bank Customer Service Manager Salary - ₹2.3 Lakhs to ₹9.0 Lakhs per year
Yes Bank Customer Service Manager Salary - ₹2.8 Lakhs to ₹7.5 Lakhs per year
Ujjivan Small Finance Bank Customer Service Manager Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
Jana Small Finance Bank Customer Service Manager Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
Bandhan Bank Customer Service Manager Salary - ₹2.7 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Customer Service Manager at Kotak Mahindra Bank ranges between ₹33,070 per month to ₹34,338 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Customer Service Manager salary in India which ranges between ₹2.0 Lakhs to ₹7.5 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Customer Service Manager at Kotak Mahindra Bank?

According to AmbitionBox, 74% of the Kotak Mahindra Bank Customer Service Managers reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 42 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Customer Service Manager Salaries

Kotak Mahindra Bank Customer Service Manager salary in India ranges between ₹2 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 66 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Customer Service Manager salaries in India

Companies similar to Kotak Mahindra Bank for Customer Service Manager

Latest annual salaries shared by Kotak Mahindra Bank Customer Service Manager

Experience wise Kotak Mahindra Bank Customer Service Manager salaries

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Customer Service Manager

Salary related reviews for Kotak Mahindra Bank

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Deputy Manager in Thane

Kotak Mahindra Bank Customer Service Manager Salary FAQs

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Kotak Mahindra Bank Customer Service Manager Salaries by Location