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

4 - 12 years exp.

₹4.5 Lakhs - ₹16 Lakhs

Salary of majority employees

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39% 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. (21 salaries)	Unlock ₹4.5 L/yr - ₹16 L/yr
Sales & Business Development Deputy Branch Manager Salary 5 - 10 years exp. (3 salaries)	Unlock ₹9 L/yr - ₹16 L/yr
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Customer Success, Service & Operations Deputy Branch Manager Salary 5 - 9 years exp. (AmbitionBox Estimate)	Unlock ₹8 L/yr - ₹12.6 L/yr

Last Updated: 8 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. (30 salaries)

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₹4.5 L/yr - ₹16 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Branch Manager Salary 6 - 12 years exp. (4 salaries)	Unlock ₹5.5 L/yr - ₹8.5 L/yr 39% less
ICICI Bank Deputy Branch Manager Salary 1 - 15 years exp. (368 salaries)	Unlock ₹4 L/yr - ₹13.7 L/yr 22% less
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Axis Bank Deputy Branch Manager Salary 1 - 11 years exp. (10 salaries)	Unlock ₹3.5 L/yr - ₹9 L/yr 36% less
Yes Bank Deputy Branch Manager Salary 1 - 17 years exp. (85 salaries)	Unlock ₹4.6 L/yr - ₹13 L/yr 15% less	2 job openings
IndusInd Bank Deputy Branch Manager Salary 3 - 16 years exp. (93 salaries)	Unlock ₹3.8 L/yr - ₹12.5 L/yr 17% less	6 job openings
IDFC FIRST Bank Deputy Branch Manager Salary 5 - 13 years exp. (32 salaries)	Unlock ₹5 L/yr - ₹14 L/yr 8% less
Bandhan Bank Deputy Branch Manager Salary 7 - 8 years exp. (3 salaries)	Unlock ₹6.1 L/yr - ₹8 L/yr 42% less

Deputy Branch Manager salary at Kotak Mahindra Bank ranges between ₹4.5 Lakhs to ₹16 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 30 latest salaries received from various employees of Kotak Mahindra Bank.

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

6d ago

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12 years exp.

3w ago

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10 years exp.

3w ago

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9 years exp.

2mo ago

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12 years exp.

3mo ago

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9 years exp.

3mo ago

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8 years exp.

3mo ago

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10 years exp.

4mo ago

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5 years exp.

7mo ago

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5 years exp.

8mo ago

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5 years exp.

Experience wise Kotak Mahindra Bank Deputy Branch Manager salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹15.6 L/yr
5 years (5 salaries)	Unlock ₹5.3 L/yr - ₹12.6 L/yr
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6 years (AmbitionBox Estimate)	Unlock ₹8.6 L/yr - ₹11 L/yr
7 years (6 salaries)	Unlock ₹9 L/yr - ₹13 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹10 L/yr - ₹11 L/yr
9 years (3 salaries)	Unlock ₹9.5 L/yr - ₹16 L/yr
10 years (8 salaries)	Unlock ₹8.3 L/yr - ₹16 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹4.7 L/yr - ₹14.5 L/yr
12 years (3 salaries)	Unlock ₹10 L/yr - ₹22.2 L/yr

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From

Deputy Branch Manager

₹

Lakhs/yr

4 - 13 years exp.

Regional Sales Manager

₹

Lakhs/yr

11 - 21 years exp.

Deputy Branch Manager

4 - 13 years exp.

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Branch Manager

7 - 20 years exp.

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57% hike

Area Business Manager

8 - 19 years exp.

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7% hike

From

View 3 more levels

Deputy Branch Manager

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4 - 13 years exp.

Senior Regional Business Manager

Salary unavailable

From

View 1 more level

Deputy Branch Manager

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4 - 13 years exp.

Regional Asset Manager

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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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₹3 L/yr - ₹6.5 L/yr

Branch Manager Salary

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₹7.5 L/yr - ₹25.56 L/yr

Sales Manager Salary

(131 salaries)

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₹1.8 L/yr - ₹10.7 L/yr

Operations Manager Salary

(40 salaries)

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₹2 L/yr - ₹12 L/yr

Branch Head Salary

(25 salaries)

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₹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

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

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

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 Mumbai?

Deputy Branch Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹4.5 Lakhs to ₹16.0 Lakhs for experience between 4 years to 12 years. According to our estimates it is 39% more than the average Deputy Branch Manager Salary in India. Salary estimates are based on 30 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

How does the salary of a Deputy Branch Manager at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?

The average salary of a Deputy Branch Manager at Kotak Mahindra Bank is 39% more than the average salary of a Deputy Branch Manager in Mumbai. To know exact salary insights, login to view.

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

Team Handling, Branch Handling, Retail Branch Banking, Branch Sales and Retail Branch Banking are some of the popular skills required to work as a Deputy Branch Manager at Kotak Mahindra Bank Mumbai.

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

IDFC FIRST Bank Deputy Branch Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
Yes Bank Deputy Branch Manager Salary - ₹4.6 Lakhs to ₹13.0 Lakhs per year
IndusInd Bank Deputy Branch Manager Salary - ₹3.8 Lakhs to ₹12.5 Lakhs per year
ICICI Bank Deputy Branch Manager Salary - ₹4.0 Lakhs to ₹13.7 Lakhs per year
Axis Bank Deputy Branch Manager Salary - ₹3.5 Lakhs to ₹9.0 Lakhs per year

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 ranges between ₹76,971 per month to ₹78,968 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Branch Manager salary in India which ranges between ₹4.5 Lakhs to ₹16.0 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Deputy Branch Manager at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 64% of the Kotak Mahindra Bank Deputy Branch Managers in Mumbai reported a notice period of 3 Months, 27% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Deputy Branch Manager Salaries in Mumbai

Kotak Mahindra Bank Deputy Branch Manager salary in Mumbai ranges between ₹4.5 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Deputy Branch Manager salaries in Mumbai (Updated 2025)

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

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

Experience wise Kotak Mahindra Bank Deputy Branch Manager salaries in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Deputy Branch Manager

Salary related reviews for Kotak Mahindra Bank

Deputy Branch Manager in Ahmedabad

Deputy Branch Manager in Bangalore / Bengaluru

Operations Manager in Goregaon

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Kotak Mahindra Bank Deputy Branch Manager Salary FAQs

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