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Kotak Mahindra Bank Deputy General Manager salaries in India (Updated 2025)

Annual salary range
0 - 8 years exp.
₹3.8 Lakhs - ₹5 Lakhs
Salary of majority employees
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86% less than the average Deputy General Manager Salary in Banking Companies for 0 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Deputy General Manager Salary
1 - 4 years exp. (8 salaries)
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₹3.8 L/yr - ₹5 L/yr

BFSI, Investments & Trading
Deputy General Manager Salary
4 - 6 years exp. (4 salaries)
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₹3.8 L/yr - ₹4.5 L/yr

Finance & Accounting
Deputy General Manager Salary
3 - 8 years exp. (4 salaries)
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₹4 L/yr - ₹4.4 L/yr

Last Updated: 16 Feb 2025

Companies similar to Kotak Mahindra Bank for Deputy General Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Deputy General Manager Salary

5 - 9 years exp. (18 salaries)

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₹3 L/yr - ₹8 L/yr

arrow icon 27% more
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ICICI Bank Deputy General Manager Salary

1 - 18 years exp. (33 salaries)

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₹8.5 L/yr - ₹31.4 L/yr

arrow icon 327% more
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Axis Bank Deputy General Manager Salary

0 - 5 years exp. (7 salaries)

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₹3.4 L/yr - ₹12.2 L/yr

arrow icon 67% more
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₹19.9 L/yr - ₹60 L/yr

arrow icon 715% more
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IndusInd Bank Deputy General Manager Salary

4 - 15 years exp. (5 salaries)

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₹3.5 L/yr - ₹9.9 L/yr

arrow icon 46% more
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Yes Bank Deputy General Manager Salary

1 - 8 years exp. (4 salaries)

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₹5 L/yr - ₹6.7 L/yr

arrow icon 30% more
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₹4.1 L/yr - ₹8.7 L/yr

arrow icon 57% more
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RBL Bank Deputy General Manager Salary

0 - 20 years exp. (3 salaries)

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₹4.5 L/yr - ₹18 L/yr

arrow icon 106% more
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Bandhan Bank Deputy General Manager Salary

3 - 12 years exp. (5 salaries)

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₹4.2 L/yr - ₹5.5 L/yr

arrow icon 11% more
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IDBI Bank Deputy General Manager Salary

15 - 24 years exp. (176 salaries)

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₹15 L/yr - ₹48 L/yr

arrow icon 663% more
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₹22.5 L/yr - ₹50 L/yr

arrow icon 809% more
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Bank of Baroda Deputy General Manager Salary

26 - 35 years exp. (21 salaries)

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₹15 L/yr - ₹45 L/yr

arrow icon 584% more
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Canara Bank Deputy General Manager Salary

27 - 32 years exp. (14 salaries)

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₹12.6 L/yr - ₹36 L/yr

arrow icon 607% more
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₹12 L/yr - ₹42 L/yr

arrow icon 573% more
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₹16 L/yr - ₹30 L/yr

arrow icon 417% more
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Shinhan Bank Deputy General Manager Salary

19 - 30 years exp. (7 salaries)

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₹25 L/yr - ₹30 L/yr

arrow icon 555% more
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Karur Vysya Bank Deputy General Manager Salary

29 - 34 years exp. (7 salaries)

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₹20 L/yr - ₹56 L/yr

arrow icon 717% more
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UCO Bank Deputy General Manager Salary

31 years exp. (6 salaries)

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₹16 L/yr - ₹35 L/yr

arrow icon 468% more
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South Indian Bank Deputy General Manager Salary

22 - 32 years exp. (5 salaries)

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₹20 L/yr - ₹60 L/yr

arrow icon 871% more
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₹16 L/yr - ₹25 L/yr

arrow icon 369% more
Deputy General Manager salary at Kotak Mahindra Bank ranges between ₹3.8 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 20 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Deputy General Manager

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Experience wise Kotak Mahindra Bank Deputy General Manager salaries

Last Updated: 16 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.7 L/yr - ₹4.5 L/yr
1 year (AmbitionBox Estimate)

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₹1.7 L/yr - ₹4.5 L/yr
2 years  (3 salaries)

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₹4.3 L/yr - ₹4.8 L/yr
3 years  (6 salaries)

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₹3.8 L/yr - ₹5 L/yr
4 years  (4 salaries)

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₹4 L/yr - ₹5 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

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₹20.24 L/yr - ₹24 L/yr
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₹2.5 L/yr - ₹4.5 L/yr
Deputy Manager Salary
(11.3k salaries)
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₹1.65 L/yr - ₹8.5 L/yr
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₹12.8 L/yr - ₹27.51 L/yr
Project Manager Salary
(64 salaries)
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₹6.24 L/yr - ₹23.98 L/yr
Assistant Project Manager Salary
(AmbitionBox Estimate)
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₹19.4 L/yr - ₹24.8 L/yr
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₹3.25 L/yr - ₹10.51 L/yr
Site Incharge Salary
(AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr
Site Engineer Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Safety Officer Salary
(5 salaries)
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₹2 L/yr - ₹4.35 L/yr
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Salary related reviews for Kotak Mahindra Bank

2.3

Rated by 4 employees for salary & benefits

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

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

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

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

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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Kotak Mahindra Bank Deputy General Manager Salary FAQs

What is the salary of Deputy General Manager at Kotak Mahindra Bank?
Deputy General Manager salary at Kotak Mahindra Bank in India ranges between ₹3.8 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 86% less than the average Deputy General Manager Salary in India. Salary estimates are based on 20 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Deputy General Manager at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Deputy General Manager at Kotak Mahindra Bank is 86% less than the average salary of a Deputy General Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Deputy General Manager in India?
  • South Indian Bank Deputy General Manager Salary - ₹20.0 Lakhs to ₹60.0 Lakhs per year
  • Paytm Payments Bank Deputy General Manager Salary - ₹22.5 Lakhs to ₹50.0 Lakhs per year
  • Karur Vysya Bank Deputy General Manager Salary - ₹20.0 Lakhs to ₹56.0 Lakhs per year
  • State Bank of India Deputy General Manager Salary - ₹19.9 Lakhs to ₹60.0 Lakhs per year
  • IDBI Bank Deputy General Manager Salary - ₹15.0 Lakhs to ₹48.0 Lakhs per year
What is the salary of a Deputy General Manager in companies similar to Kotak Mahindra Bank in India?
  • Canara Bank Deputy General Manager Salary - ₹12.6 Lakhs to ₹36.0 Lakhs per year
  • Bank of Baroda Deputy General Manager Salary - ₹15.0 Lakhs to ₹45.0 Lakhs per year
  • Union Bank of India Deputy General Manager Salary - ₹12.0 Lakhs to ₹42.0 Lakhs per year
  • Shinhan Bank Deputy General Manager Salary - ₹25.0 Lakhs to ₹30.0 Lakhs per year
  • UCO Bank Deputy General Manager Salary - ₹16.0 Lakhs to ₹35.0 Lakhs per year
What is the estimated take home salary of a Deputy General Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Deputy General Manager at Kotak Mahindra Bank ranges between ₹32,490 per month to ₹33,767 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy General Manager salary in India which ranges between ₹3.8 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for Deputy General Manager at Kotak Mahindra Bank?
According to AmbitionBox, 64% of the Kotak Mahindra Bank Deputy General Managers reported a notice period of 3 Months, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Deputy General Manager salary in India ranges between ₹3.8 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.