Kotak Mahindra Bank Deputy Manager Salaries by 11000+ Employees (Updated 2024)

0 - 12 years exp.

₹1.7 Lakh - ₹8.5 Lakhs

Salary of majority employees

47% less than the average Deputy Manager Salary in Banking Companies for 0 - 12 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 0 - 12 years exp. (3.7k salaries)	₹1.8 L/yr - ₹8.5 L/yr
Customer Success, Service & Operations Deputy Manager Salary 0 - 12 years exp. (2.4k salaries)	₹1.7 L/yr - ₹8 L/yr
Login to view exact salary
Sales & Business Development Deputy Manager Salary 0 - 12 years exp. (1.4k salaries)	₹2.1 L/yr - ₹7.9 L/yr
Finance & Accounting Deputy Manager Salary 0 - 12 years exp. (1.2k salaries)	₹2.1 L/yr - ₹7.8 L/yr
Marketing & Communication Deputy Manager Salary 0 - 10 years exp. (363 salaries)	₹2 L/yr - ₹7.7 L/yr

Last Updated: 18 Dec 2024

Companies similar to Kotak Mahindra Bank for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Deputy Manager Salary 0 - 14 years exp. (16k salaries)	₹2 L/yr - ₹10.8 L/yr 25% more
HDFC Bank Deputy Manager Salary 0 - 13 years exp. (15.3k salaries)	₹2 L/yr - ₹8.3 L/yr 16% more
Login to view exact salary
Axis Bank Deputy Manager Salary 0 - 13 years exp. (10.3k salaries)	₹2 L/yr - ₹11 L/yr 22% more
State Bank of India Deputy Manager Salary 4 - 15 years exp. (670 salaries)	₹7.2 L/yr - ₹28 L/yr 232% more
IndusInd Bank Deputy Manager Salary 0 - 13 years exp. (3.7k salaries)	₹1.7 L/yr - ₹8.1 L/yr 3% less
Yes Bank Deputy Manager Salary 0 - 13 years exp. (3.3k salaries)	₹2.3 L/yr - ₹9.4 L/yr 16% more
IDFC FIRST Bank Deputy Manager Salary 0 - 12 years exp. (2.4k salaries)	₹2.4 L/yr - ₹10 L/yr 12% more
RBL Bank Deputy Manager Salary 0 - 13 years exp. (1.5k salaries)	₹2.6 L/yr - ₹8 L/yr 7% more
Bandhan Bank Deputy Manager Salary 0 - 12 years exp. (1.5k salaries)	₹2.5 L/yr - ₹7.5 L/yr 4% more
Utkarsh Small Finance Bank Deputy Manager Salary 1 - 12 years exp. (239 salaries)	₹4.1 L/yr - ₹10 L/yr 33% more	2 job openings
Ujjivan Small Finance Bank Deputy Manager Salary 0 - 10 years exp. (271 salaries)	₹2.5 L/yr - ₹5.8 L/yr 19% less
Login to view exact salary
Shinhan Bank Deputy Manager Salary 4 - 11 years exp. (36 salaries)	₹4.8 L/yr - ₹15 L/yr 102% more
Standard Chartered Deputy Manager Salary 2 - 10 years exp. (27 salaries)	₹4.1 L/yr - ₹8 L/yr 18% more
Jana Small Finance Bank Deputy Manager Salary 2 - 8 years exp. (16 salaries)	₹3 L/yr - ₹6 L/yr 5% less
Bank of Baroda Deputy Manager Salary 3 - 10 years exp. (11 salaries)	₹3.5 L/yr - ₹13.2 L/yr 74% more
Union Bank of India Deputy Manager Salary 3 - 13 years exp. (11 salaries)	₹8.5 L/yr - ₹16 L/yr 128% more
NatWest Group Deputy Manager Salary 7 - 10 years exp. (7 salaries)	₹5 L/yr - ₹8.2 L/yr 58% more
IDBI Bank Deputy Manager Salary 0 - 6 years exp. (7 salaries)	₹2.5 L/yr - ₹9 L/yr 4% more
Federal Bank Deputy Manager Salary 0 - 9 years exp. (6 salaries)	₹4.5 L/yr - ₹14 L/yr 68% more
Barclays Deputy Manager Salary 7 - 9 years exp. (6 salaries)	₹6.5 L/yr - ₹15.5 L/yr 119% more

View all

Deputy Manager salary at Kotak Mahindra Bank ranges between ₹1.7 Lakh to ₹8.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 11.4k latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Deputy Manager salaries

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
Fresher (438 salaries)	₹2 L/yr - ₹6.7 L/yr
1 year (532 salaries)	₹1.7 L/yr - ₹7 L/yr
Login to view exact salary
2 years (1.1k salaries)	₹1.7 L/yr - ₹7.3 L/yr
3 years (1.9k salaries)	₹2 L/yr - ₹7.7 L/yr
4 years (2.1k salaries)	₹2 L/yr - ₹8 L/yr
5 years (1.9k salaries)	₹2 L/yr - ₹8 L/yr
6 years (1.3k salaries)	₹2.4 L/yr - ₹8 L/yr
7 years (799 salaries)	₹2.4 L/yr - ₹8.5 L/yr
8 years (654 salaries)	₹2.5 L/yr - ₹7.8 L/yr
9 years (335 salaries)	₹2.9 L/yr - ₹7.7 L/yr
10 years (246 salaries)	₹3.7 L/yr - ₹7.5 L/yr
11 years (55 salaries)	₹3.5 L/yr - ₹7.2 L/yr
12 years (22 salaries)	₹4 L/yr - ₹6.4 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Team Manager Salary

(145 salaries)

₹2.02 L/yr - ₹11 L/yr

Delivery Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Branch Manager Salary

(1k salaries)

₹6.62 L/yr - ₹25.56 L/yr

Area Manager Salary

(105 salaries)

₹7.03 L/yr - ₹25 L/yr

Department Manager Salary

(24 salaries)

₹2.8 L/yr - ₹6 L/yr

Cluster Manager Salary

(53 salaries)

₹4.75 L/yr - ₹17 L/yr

Service Manager Salary

(196 salaries)

₹2 L/yr - ₹13.09 L/yr

Deputy Branch Manager Salary

(182 salaries)

₹4.06 L/yr - ₹16 L/yr

Program Manager Salary

(9 salaries)

₹7 L/yr - ₹16.5 L/yr

Top skills at Kotak Mahindra Bank for Deputy Manager

Field Sales Casa Insurance Customer Acquisition Direct Sales Sales HNI Acquisition Business Development Business Banking Retail Sales Current Account Saving Account Banking Sales Cross Selling Personal Loans

Salary related reviews for Kotak Mahindra Bank

3.5

Rated by 1.8k employees for salary & benefits

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.

Dislikes

Salary, promortion - these are the worst over here.

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.

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.

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.

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.

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.

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.

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

1 participant . expiring in 2w

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Deputy Manager Salary FAQs

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

Deputy Manager salary at Kotak Mahindra Bank in India ranges between ₹1.7 Lakhs to ₹8.5 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 47% less than the average Deputy Manager Salary in India. Salary estimates are based on 11.4k latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Deputy Manager at Kotak Mahindra Bank is 47% less than the average salary of a Deputy Manager in India. To know exact salary insights, login to view.

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

Field Sales, Casa, Insurance, Customer Acquisition and Direct Sales are some of the popular skills required to work as a Deputy Manager at Kotak Mahindra Bank India.

Which similar companies are paying more than Kotak Mahindra Bank to a Deputy Manager in India?

State Bank of India Deputy Manager Salary - ₹7.2 Lakhs to ₹28.0 Lakhs per year
Bank of America Deputy Manager Salary - ₹12.5 Lakhs to ₹27.5 Lakhs per year
Union Bank of India Deputy Manager Salary - ₹8.5 Lakhs to ₹16.0 Lakhs per year
Barclays Deputy Manager Salary - ₹6.5 Lakhs to ₹15.5 Lakhs per year
Canara Bank Deputy Manager Salary - ₹8.0 Lakhs to ₹17.6 Lakhs per year

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

HSBC Global Banking and Markets Deputy Manager Salary - ₹8.3 Lakhs to ₹15.0 Lakhs per year
Shinhan Bank Deputy Manager Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year
Bank of Baroda Deputy Manager Salary - ₹3.5 Lakhs to ₹13.2 Lakhs per year
Federal Bank Deputy Manager Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
NatWest Group Deputy Manager Salary - ₹5.0 Lakhs to ₹8.2 Lakhs per year

What is the estimated take home salary of a Deputy Manager at Kotak Mahindra Bank in India?

The estimated take-home salary of a Deputy Manager at Kotak Mahindra Bank ranges between ₹37,742 per month to ₹38,941 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Manager salary in India which ranges between ₹1.7 Lakhs to ₹8.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 61% of the Kotak Mahindra Bank Deputy Managers reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7.3k responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Deputy Manager Salaries by Location

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Deputy Manager Salaries

Kotak Mahindra Bank Deputy Manager salary in India ranges between ₹1.7 Lakh to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11.4k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Deputy Manager salaries in India

Companies similar to Kotak Mahindra Bank for Deputy Manager

Latest annual salaries shared by Kotak Mahindra Bank Deputy Manager

Experience wise Kotak Mahindra Bank Deputy Manager salaries

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Deputy Manager

Salary related reviews for Kotak Mahindra Bank

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Deputy Manager in Thane

Kotak Mahindra Bank Deputy Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Deputy Manager Salaries by Location