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Kotak Mahindra Bank

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3.7

based on 17.4k Reviews

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Kotak Mahindra Bank Deputy Manager - Banking Operations salaries in India (Updated 2025)

Annual salary range
1 - 16 years exp.
₹3.5 Lakhs - ₹4.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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18% less than the average Deputy Manager - Banking Operations Salary in Banking Companies for 1 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Manager - Banking Operations Salary
2 - 16 years exp. (6 salaries)
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₹4.4 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Deputy Manager - Banking Operations Salary
1 year exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 1 Jan 2025

Companies similar to Kotak Mahindra Bank for Deputy Manager - Banking Operations

Company name Avg Annual Salary Open Jobs
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HDFC Bank Deputy Manager - Banking Operations Salary

4 - 15 years exp. (24 salaries)
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₹3.5 L/yr - ₹6.7 L/yr

arrow icon 6% more
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ICICI Bank Deputy Manager - Banking Operations Salary

1 - 10 years exp. (20 salaries)
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₹4.2 L/yr - ₹7.6 L/yr

arrow icon 21% more
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Bandhan Bank Deputy Manager - Banking Operations Salary

2 - 8 years exp. (8 salaries)
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₹3.6 L/yr - ₹5.1 L/yr

arrow icon 8% more
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Axis Bank Deputy Manager - Banking Operations Salary

3 - 6 years exp. (8 salaries)
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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 1% less
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IndusInd Bank Deputy Manager - Banking Operations Salary

4 - 10 years exp. (4 salaries)
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₹4.5 L/yr - ₹8.2 L/yr

arrow icon 33% more
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Yes Bank Deputy Manager - Banking Operations Salary

11 - 15 years exp. (4 salaries)
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₹5.8 L/yr - ₹6.8 L/yr

arrow icon 45% more
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Karur Vysya Bank Deputy Manager - Banking Operations Salary

8 - 11 years exp. (4 salaries)
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₹7.5 L/yr - ₹12 L/yr

arrow icon 99% more
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IDFC FIRST Bank Deputy Manager - Banking Operations Salary

2 - 7 years exp. (3 salaries)
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₹5.2 L/yr - ₹6.2 L/yr

arrow icon 28% more
Deputy Manager - Banking Operations salary at Kotak Mahindra Bank ranges between ₹3.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 16 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Deputy Manager - Banking Operations

2mo ago
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16 years exp.
7mo ago
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15 years exp.
2y ago
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9 years exp.
2y ago
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2 years exp.
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1 year exp.
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5 years exp.

Experience wise Kotak Mahindra Bank Deputy Manager - Banking Operations salaries

Last Updated: 1 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
2 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
View all

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₹1.7 L/yr - ₹4.5 L/yr
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₹12.72 L/yr - ₹48 L/yr
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₹3.32 L/yr - ₹11.3 L/yr
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₹1.58 L/yr - ₹4.4 L/yr
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₹7 L/yr - ₹16 L/yr
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(337 salaries)
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₹2.6 L/yr - ₹6.3 L/yr

Salary related reviews for Kotak Mahindra Bank

3.2

Rated by 3 employees for salary & benefits

Deputy Manager - Banking Operations in New Delhi

BFSI, Investments & Trading Department

2.0
  •  posted on 22 Sep 2021
1.0
 for  Salary and Benefits

Likes

It's an very conservative bank will not compensate according to work. And you can't enjoy your personal life here bcoz there is no balance between work and personal life. In recent financial year onwards there they will not give you hike for your promotion. Even I was not paid for my official medical.

read more
  • Job security - Good

Dislikes

About salary hike and no work and personal life balance.

  • Salary - Bad
    • +5 more

Senior Relationship Manager in Ranchi

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 02 Mar 2025
2.0
 for  Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

read more
  • Salary - Poor
    • +6 more

Deputy Vice President in Indore

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 23 Dec 2024
4.0
 for  Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

read more
  • Salary - Good
    • +1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

read more
  • Job security - Bad
    • +2 more

Branch Relationship Manager in Kolkata

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 27 Nov 2024
4.0
 for  Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

read more
  • Salary - Good
    • +1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

read more
  • Skill development - Bad
    • +3 more

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.

read more
  • Salary - Poor
    • +4 more
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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Deputy Manager - Banking Operations Salary FAQs

What is the salary of Deputy Manager - Banking Operations at Kotak Mahindra Bank ?
The average salary of a Deputy Manager - Banking Operations at Kotak Mahindra Bank in India typically ranges from ₹3.5 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 16 years).

The top 10% of Deputy Manager - Banking Operations at Kotak Mahindra Bank earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Deputy Manager - Banking Operations 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 7 Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Deputy Manager - Banking Operations at Kotak Mahindra Bank in India?
The estimated take-home salary of a Deputy Manager - Banking Operations at Kotak Mahindra Bank in India typically ranges from ₹32,152 to ₹33,434 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 16 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 7 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 Manager - Banking Operations in India?
Karur Vysya Bank ₹7.5 Lakhs to ₹12.0 Lakhs per year
Yes Bank ₹5.8 Lakhs to ₹6.8 Lakhs per year
IndusInd Bank ₹4.5 Lakhs to ₹8.2 Lakhs per year
IDFC FIRST Bank ₹5.2 Lakhs to ₹6.2 Lakhs per year
ICICI Bank ₹4.2 Lakhs to ₹7.6 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 Manager - Banking Operations in companies similar to Kotak Mahindra Bank in India?
The salary of a Deputy Manager - Banking Operations at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bandhan Bank ₹3.6 Lakhs to ₹5.1 Lakhs per year
HDFC Bank ₹3.5 Lakhs to ₹6.7 Lakhs per year
Axis Bank ₹3.5 Lakhs to ₹5.5 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 Manager - Banking Operations at Kotak Mahindra Bank in India?
The salary growth for a Deputy Manager - Banking Operations at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Deputy Manager - Banking Operations can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
1 year ₹3.7 Lakhs to ₹4.7 Lakhs per year
2 years ₹3.7 Lakhs to ₹4.8 Lakhs per year
3 years ₹3.8 Lakhs to ₹4.8 Lakhs per year
4 years ₹3.8 Lakhs to ₹4.8 Lakhs per year
and so on.

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Kotak Mahindra Bank Deputy Manager - Banking Operations Salaries by Location

Kotak Mahindra Bank Deputy Manager - Banking Operations salary in India ranges between ₹3.5 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.