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Kotak Mahindra Bank

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3.8

based on 16.2k Reviews

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Kotak Mahindra Bank Debt Manager salaries in Bangalore / Bengaluru

Annual salary range
1 - 5 years exp.
₹4 Lakhs - ₹6.5 Lakhs
Salary of majority employees
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15% less than the average Debt Manager Salary in Banking Companies for 1 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Debt Manager Salary
1 - 4 years exp. (4 salaries)
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₹6 L/yr - ₹6.5 L/yr

Sales & Business Development
Debt Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹5.5 L/yr

Last Updated: 24 Jan 2025

Companies similar to Kotak Mahindra Bank for Debt Manager in Bangalore / Bengaluru

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Kotak Mahindra Bank Debt Manager Salary

1 - 5 years exp. (5 salaries)
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₹4 L/yr - ₹6.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Debt Manager Salary

3 - 6 years exp. (4 salaries)
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₹3.5 L/yr - ₹7 L/yr

At par
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ICICI Bank Debt Manager Salary

3 - 9 years exp. (16 salaries)
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₹3.3 L/yr - ₹9.2 L/yr

arrow icon 16% more
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IDFC FIRST Bank Debt Manager Salary

2 - 11 years exp. (8 salaries)
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₹6.4 L/yr - ₹12 L/yr

arrow icon 34% more
 1 job opening
Debt Manager salary at Kotak Mahindra Bank ranges between ₹4 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Debt Manager in Bangalore / Bengaluru

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4 years exp.
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3 years exp.
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1 year exp.
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5 years exp.
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2 years exp.

Experience wise Kotak Mahindra Bank Debt Manager salaries in Bangalore / Bengaluru

Last Updated: 24 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹6.2 L/yr
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹6.5 L/yr
4 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)

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₹4 L/yr - ₹10.6 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(1.5k salaries)
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₹2 L/yr - ₹8.5 L/yr
Relationship Manager Salary
(250 salaries)
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₹2 L/yr - ₹9.75 L/yr
Branch Manager Salary
(126 salaries)
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₹7 L/yr - ₹24 L/yr
Team Lead Salary
(49 salaries)
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₹1.7 L/yr - ₹8.5 L/yr
Collections Manager Salary
(24 salaries)
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₹2.8 L/yr - ₹8.5 L/yr
Area Manager Salary
(5 salaries)
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₹10 L/yr - ₹20.5 L/yr

Salary related reviews for Kotak Mahindra Bank

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.

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • Salary - Poor
    +4 more
see more salary related reviews

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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 Debt Manager Salary FAQs

What is the salary of Debt Manager at Kotak Mahindra Bank Bangalore / Bengaluru?
Debt Manager salary at Kotak Mahindra Bank in Bangalore / Bengaluru ranges between ₹4.0 Lakhs to ₹6.5 Lakhs for experience between 1 years to 5 years. According to our estimates it is 15% less than the average Debt Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank Bangalore / Bengaluru.
How does the salary of a Debt Manager at Kotak Mahindra Bank Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Debt Manager at Kotak Mahindra Bank is 15% less than the average salary of a Debt Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Debt Manager in Bangalore / Bengaluru?
  • IDFC FIRST Bank Debt Manager Salary - ₹6.4 Lakhs to ₹12.0 Lakhs per year
  • ICICI Bank Debt Manager Salary - ₹3.3 Lakhs to ₹9.2 Lakhs per year
What is the salary of a Debt Manager in companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru?
  • HDFC Bank Debt Manager Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
What is the estimated take home salary of a Debt Manager at Kotak Mahindra Bank in Bangalore / Bengaluru?
The estimated take-home salary of a Debt Manager at Kotak Mahindra Bank ranges between ₹43,870 per month to ₹44,977 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Kotak Mahindra Bank Debt Manager salary in India which ranges between ₹4.0 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Debt Manager at Kotak Mahindra Bank in Bangalore / Bengaluru?
According to AmbitionBox, 80% of the Kotak Mahindra Bank Debt Managers in Bangalore / Bengaluru reported a notice period of 3 Months, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Debt Manager salary in Bangalore / Bengaluru ranges between ₹4 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.