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

Annual salary range
0 - 8 years exp.
₹3.5 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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IDBI Bank Deputy General Manager Salary

15 - 24 years exp. (175 salaries)

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₹15 L/yr - ₹50 L/yr

arrow icon 712% more
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ICICI Bank Deputy General Manager Salary

1 - 18 years exp. (33 salaries)

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₹8.7 L/yr - ₹31.4 L/yr

arrow icon 334% more
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₹22.5 L/yr - ₹50 L/yr

arrow icon 818% 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 591% more
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HDFC Bank Deputy General Manager Salary

5 - 9 years exp. (16 salaries)

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₹3.8 L/yr - ₹8 L/yr

arrow icon 30% 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 613% more
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₹12 L/yr - ₹42 L/yr

arrow icon 580% more
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₹16 L/yr - ₹30 L/yr

arrow icon 422% 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 561% 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 724% 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 68% 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 473% 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 48% 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 12% 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 880% 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 31% more
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₹4.1 L/yr - ₹8.7 L/yr

arrow icon 59% more
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₹16 L/yr - ₹25 L/yr

arrow icon 374% 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 108% more
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₹10 L/yr - ₹48 L/yr

arrow icon 514% more
Deputy General Manager salary at Kotak Mahindra Bank ranges between ₹3.5 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 21 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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₹3.5 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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₹1.7 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
View all

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
(11.4k 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
(60 salaries)
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₹5.79 L/yr - ₹24.3 L/yr
Assistant Project Manager Salary
(AmbitionBox Estimate)
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₹19.4 L/yr - ₹24.8 L/yr
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₹6 L/yr - ₹16 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

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.

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  • 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
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Kotak Mahindra Bank Deputy General Manager Salary FAQs

What is the salary of Deputy General Manager at Kotak Mahindra Bank ?
The average salary of a Deputy General Manager at Kotak Mahindra Bank in India typically ranges from ₹3.5 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Deputy General Manager at Kotak Mahindra Bank earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Deputy General 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 20+ Kotak Mahindra Bank employees in India.
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 in India typically ranges from ₹32,165 to ₹33,447 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 8 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 20+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kotak Mahindra Bank for Deputy General Manager in India?
South Indian Bank ₹20.0 Lakhs to ₹60.0 Lakhs per year
Paytm Payments Bank ₹22.5 Lakhs to ₹50.0 Lakhs per year
Karur Vysya Bank ₹20.0 Lakhs to ₹56.0 Lakhs per year
IDBI Bank ₹15.0 Lakhs to ₹50.0 Lakhs per year
Canara Bank ₹12.6 Lakhs to ₹36.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.
What is the salary of a Deputy General Manager in companies similar to Kotak Mahindra Bank in India?
The salary of a Deputy General Manager at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bank of Baroda ₹15.0 Lakhs to ₹45.0 Lakhs per year
Union Bank of India ₹12.0 Lakhs to ₹42.0 Lakhs per year
Shinhan Bank ₹25.0 Lakhs to ₹30.0 Lakhs per year
Vijaya Bank ₹10.0 Lakhs to ₹48.0 Lakhs per year
UCO Bank ₹16.0 Lakhs to ₹35.0 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 General Manager at Kotak Mahindra Bank in India?
The salary growth for a Deputy General Manager at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Deputy General Manager can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
Fresher ₹3.5 Lakhs to ₹4.5 Lakhs per year
1 year ₹1.7 Lakhs to ₹4.5 Lakhs per year
2 years ₹1.7 Lakhs to ₹4.8 Lakhs per year
3 years ₹3.8 Lakhs to ₹5.0 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Deputy General Manager salary in India ranges between ₹3.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 21 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.