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Kotak Mahindra Bank Deputy Manager - Banking Operations salaries in India

Annual salary range
2 - 10 years exp.
₹3.9 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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23% less than the average Deputy Manager - Banking Operations Salary in Banking Companies for 2 - 10 years of experience

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Last Updated: 15 Mar 2023

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

Company name Avg Annual Salary Open Jobs
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₹3.5 L/yr - ₹6.7 L/yr

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₹4.2 L/yr - ₹8.2 L/yr

arrow icon 30% more
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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 8% more
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₹13.3 L/yr - ₹14 L/yr

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₹4.5 L/yr - ₹8.2 L/yr

arrow icon 43% more
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₹5.8 L/yr - ₹6.8 L/yr

arrow icon 56% more
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₹5.2 L/yr - ₹6.2 L/yr

arrow icon 37% more
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₹3.6 L/yr - ₹5.1 L/yr

arrow icon 14% more
Deputy Manager - Banking Operations salary at Kotak Mahindra Bank ranges between ₹3.9 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

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

1y ago
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9 years exp.
1y ago
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2 years exp.
1y ago
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5 years exp.

Experience wise Kotak Mahindra Bank Deputy Manager - Banking Operations salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

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₹1.5 L/yr - ₹10 L/yr
Credit Manager Salary
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₹4 L/yr - ₹14.5 L/yr
Branch Manager Salary
(1k salaries)
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₹6.78 L/yr - ₹25.56 L/yr
Service Officer Salary
(867 salaries)
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₹1.7 L/yr - ₹4.5 L/yr
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₹3 L/yr - ₹9.5 L/yr
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₹2.5 L/yr - ₹11 L/yr
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₹15 L/yr - ₹47 L/yr
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₹7 L/yr - ₹16 L/yr
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₹1.68 L/yr - ₹4 L/yr
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₹2.65 L/yr - ₹6.3 L/yr

Salary related reviews for Kotak Mahindra Bank

3.2

Rated by 3 employees for salary & benefits

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.

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Dislikes

About salary hike and no work and personal life balance.

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 05 Feb 2024

1.0
 for  Salary and Benefits

Likes

All process al very smooth and cooperative staff

Dislikes

Too low salary increament and for promotion BM promote only his dear ones ...person who working hard for bank and vintage staff they simply ignore him while promotion and salary increament

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 07 Aug 2023

1.0
 for  Salary and Benefits

Likes

Kotak bank Mobile app and net banking is very good i am working in operations department and most of the ruequest and serivice customer needs i guide them very easily through net banking and mobile banking .There is not very much pressure for sales in service department like other banks which is a good thing but that also depends on area and regional manager.

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Dislikes

...taff in branches due to which work load pressure on service staff is very high .salary as compared to other banks is very low. There is high chance if you do sales with service you get promoted easily but salary change will be very minimal.The target for SOP or KRA for service team is very tough and unachievable it should be individual target not entire team target.

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Full Time

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Sales & Business Development Department

3.0
  •  posted on 11 Sep 2023

2.0
 for  Salary and Benefits

Likes

Salary credited time to time

Dislikes

Incentive not credited time to time, bank kyc very critical, incentive slab is very low, branch culture very bad, no one hve proper knowledge, account opening system ir worst.

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 03 Jul 2023

1.0
 for  Salary and Benefits

Likes

The only thing i can say good about this Organization is that they have a very good management that's all

Dislikes

...centives they will give amazon vouchers that also sometimes they will not give. They will give promotions only after three or four years and believe me the salary hike will not be that good, ur work and targets will increase but not your salary. They will ask u to come on holidays to make business calls, they will not give leave even if u r so sick that u cant even work For any organization clients are important but so as employees but this organization does not care about it employees they will not hire people faster if some one leaves the job they will just increase the job burden on the existing employees, they will shout and scream before customers if we don't achieve sales targets. Don't get me started about how much paper work and registers are there for day to day operations ,while all the other banks are adapting new technologies in their workplace this bank is still stuck in the past with its bureaucratic practices. There is lot of micro management in this company. The branch i worked for have so many audits monthly,6months once, every year ,if they find a small lapse in process they will treat the employee like he is some kind of criminal and yes some managers will vouch for u and trust u haven't done anything wrong ,but still it will be dramatic.

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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?
Deputy Manager - Banking Operations salary at Kotak Mahindra Bank in India ranges between ₹3.9 Lakhs to ₹4.5 Lakhs for experience between 2 years to 10 years. According to our estimates it is 23% less than the average Deputy Manager - Banking Operations Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Deputy Manager - Banking Operations at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Deputy Manager - Banking Operations at Kotak Mahindra Bank is 23% less than the average salary of a Deputy Manager - Banking Operations in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Deputy Manager - Banking Operations in India?
  • State Bank of India Deputy Manager - Banking Operations Salary - ₹13.3 Lakhs to ₹14.0 Lakhs per year
  • Yes Bank Deputy Manager - Banking Operations Salary - ₹5.8 Lakhs to ₹6.8 Lakhs per year
  • IndusInd Bank Deputy Manager - Banking Operations Salary - ₹4.5 Lakhs to ₹8.2 Lakhs per year
  • IDFC FIRST Bank Deputy Manager - Banking Operations Salary - ₹5.2 Lakhs to ₹6.2 Lakhs per year
  • ICICI Bank Deputy Manager - Banking Operations Salary - ₹4.2 Lakhs to ₹8.2 Lakhs per year
What is the salary of a Deputy Manager - Banking Operations in companies similar to Kotak Mahindra Bank in India?
  • HDFC Bank Deputy Manager - Banking Operations Salary - ₹3.5 Lakhs to ₹6.7 Lakhs per year
  • Bandhan Bank Deputy Manager - Banking Operations Salary - ₹3.6 Lakhs to ₹5.1 Lakhs per year
  • Axis Bank Deputy Manager - Banking Operations Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
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 ranges between ₹29,678 per month to ₹30,997 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Manager - Banking Operations salary in India which ranges between ₹3.9 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Deputy Manager - Banking Operations at Kotak Mahindra Bank?
According to AmbitionBox, 50% of the Kotak Mahindra Bank Deputy Manager - Banking Operationss reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Deputy Manager - Banking Operations salary in India ranges between ₹3.9 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.