Kotak Mahindra Bank Mumbai Deputy Branch Manager Salaries by 30+ Employees (Updated 2025)

4 - 12 years exp.

₹4.6 Lakhs - ₹16 Lakhs

Avg. annual salary

Monthly In-hand Salary

46% more than the average Deputy Branch Manager Salary in Banking Companies for 4 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Branch Manager Salary 4 - 12 years exp. (22 salaries)	₹4.8 L/yr - ₹16 L/yr
Sales & Business Development Deputy Branch Manager Salary 5 - 11 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr
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Customer Success, Service & Operations Deputy Branch Manager Salary 5 - 9 years exp. (AmbitionBox Estimate)	₹10.5 L/yr - ₹12.6 L/yr

Last Updated: 23 Mar 2025

Companies similar to Kotak Mahindra Bank for Deputy Branch Manager in Mumbai

Kotak Mahindra Bank Deputy Branch Manager Salary

4 - 12 years exp. (32 salaries)

₹4.6 L/yr - ₹16 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Deputy Branch Manager Salary 1 - 15 years exp. (368 salaries)	₹4 L/yr - ₹15.1 L/yr 26% less
IndusInd Bank Deputy Branch Manager Salary 3 - 16 years exp. (95 salaries)	₹3.8 L/yr - ₹12.5 L/yr 22% less	100 job openings
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Yes Bank Deputy Branch Manager Salary 1 - 17 years exp. (83 salaries)	₹4.6 L/yr - ₹13 L/yr 19% less	2 job openings
IDFC FIRST Bank Deputy Branch Manager Salary 5 - 13 years exp. (32 salaries)	₹5 L/yr - ₹14 L/yr 14% less
Axis Bank Deputy Branch Manager Salary 1 - 11 years exp. (9 salaries)	₹3.5 L/yr - ₹9 L/yr 37% less
HDFC Bank Deputy Branch Manager Salary 6 - 12 years exp. (4 salaries)	₹5.5 L/yr - ₹8.5 L/yr 42% less	1 job opening
Bandhan Bank Deputy Branch Manager Salary 7 - 8 years exp. (3 salaries)	₹6.1 L/yr - ₹8 L/yr 45% less

Deputy Branch Manager salary at Kotak Mahindra Bank ranges between ₹4.6 Lakhs to ₹16 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 32 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Deputy Branch Manager in Mumbai

1w ago

₹16 Lakhs

11 years exp.

2w ago

₹11 Lakhs

8 years exp.

3w ago

₹10 Lakhs

12 years exp.

1mo ago

₹16 Lakhs

10 years exp.

1mo ago

₹9.5 Lakhs

9 years exp.

2mo ago

12 years exp.

3mo ago

9 years exp.

4mo ago

10 years exp.

5mo ago

5 years exp.

7mo ago

5 years exp.

Experience wise Kotak Mahindra Bank Deputy Branch Manager salaries in Mumbai

Last Updated: 23 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
5 years (5 salaries)	₹5.3 L/yr - ₹12.6 L/yr
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6 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
7 years (6 salaries)	₹9 L/yr - ₹13 L/yr
8 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹13 L/yr
9 years (3 salaries)	₹9.5 L/yr - ₹16 L/yr
10 years (8 salaries)	₹8.3 L/yr - ₹16 L/yr
11 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr
12 years (3 salaries)	₹10 L/yr - ₹23.7 L/yr

View all

From

Deputy Branch Manager

₹

Lakhs/yr

4 - 12 years exp.

Regional Sales Manager

₹

Lakhs/yr

12 - 19 years exp.

Deputy Branch Manager

4 - 12 years exp.

Branch Manager

8 - 20 years exp.

75% hike

Area Business Manager

8 - 19 years exp.

1% hike

From

View 3 more levels

Deputy Branch Manager

4 - 12 years exp.

Senior Regional Business Manager

Salary unavailable

From

View 1 more level

Deputy Branch Manager

4 - 12 years exp.

Regional Asset Manager

15 - 17 years exp.

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.

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₹1.8 L/yr - ₹10.7 L/yr

Operations Manager Salary

(43 salaries)

₹2.34 L/yr - ₹12 L/yr

Branch Head Salary

(26 salaries)

₹8 L/yr - ₹22 L/yr

Top skills at Kotak Mahindra Bank for Deputy Branch Manager

Team Handling Branch Handling Retail Branch Banking Branch Sales Retail Branch Banking Customer Acquisition Revenue Generation Team Handling Branch Sales Revenue Generation Cross Selling Branch Banking Insurance Communication Skills Branch Banking

Salary related reviews for Kotak Mahindra Bank

2.0

Rated by 1 employees for salary & benefits

Deputy Branch Manager in Ahmedabad

Full Time

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.

Salary - Poor

+4 more

Deputy Branch Manager in Bangalore / Bengaluru

Sales & Business Development Department

3.0

• posted on 01 Aug 2018

2.0

for Salary and Benefits

Likes

It is a learning experienc and helps in honing your skill set.

Skill development - Good

Dislikes

Poor salary , Pay hikes are meagre, the last 3 years , average pay hike is 4.5- 5% . There is nothing much in terms of employee benefits. Health insurance is Co pay of 30% and also premium is deducted from your salary.

Salary - Poor

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

Operations Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

There is no work pressure its harmful for your future

Job security - Excellent

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

Salary - Bad

+5 more

Assistant Vice President in Ernakulam

Full Time

Finance & Accounting Department

4.0

• posted on 02 Jul 2024

1.0

for Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

Skill development - Good

+2 more

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

Salary - Bad

see more salary related reviews

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Kotak Mahindra Bank Deputy Branch Manager Salary FAQs

What is the salary of Deputy Branch Manager at Kotak Mahindra Bank in Mumbai?

The average salary of a Deputy Branch Manager at Kotak Mahindra Bank in Mumbai typically ranges from ₹4.6 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 4 years to 12 years).

The top 10% of Deputy Branch Manager in Mumbai at Kotak Mahindra Bank earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Deputy Branch 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 Deputy Branch Manager at Kotak Mahindra Bank in Mumbai?

The estimated take-home salary of a Deputy Branch Manager at Kotak Mahindra Bank in Mumbai typically ranges from ₹80,538 to ₹82,636 per month. This is based on the average salary range of ₹4.6 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 4 years to 12 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 Deputy Branch Manager at Kotak Mahindra Bank in Mumbai?

To be a Deputy Branch Manager at Kotak Mahindra Bank in Mumbai, the key skills required include:

- Team Handling
- Branch Handling
- Retail Branch Banking
- Branch Sales
- Retail Branch Banking

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

What is the salary of a Deputy Branch Manager in companies similar to Kotak Mahindra Bank in Mumbai?

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

IDFC FIRST Bank	₹5.0 Lakhs to ₹14.0 Lakhs per year
Yes Bank	₹4.6 Lakhs to ₹13.0 Lakhs per year
IndusInd Bank	₹3.8 Lakhs to ₹12.5 Lakhs per year
ICICI Bank	₹4.0 Lakhs to ₹15.1 Lakhs per year
Axis Bank	₹3.5 Lakhs to ₹9.0 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 Deputy Branch Manager at Kotak Mahindra Bank in Mumbai?

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

Experience	Average Salary Range
4 years	₹8.4 Lakhs to ₹10.8 Lakhs per year
5 years	₹5.3 Lakhs to ₹12.6 Lakhs per year
6 years	₹9.3 Lakhs to ₹11.9 Lakhs per year
7 years	₹9.0 Lakhs to ₹13.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Deputy Branch Manager Salaries in Mumbai

Kotak Mahindra Bank Deputy Branch Manager salary in Mumbai ranges between ₹4.6 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.