Kotak Mahindra Bank Deputy Manager - Finance Salaries by 20+ Employees (Updated 2025)

2 - 10 years exp.

₹2.8 Lakhs - ₹7 Lakhs

Avg. annual salary

Monthly In-hand Salary

61% less than the average Deputy Manager - Finance Salary in Banking Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager - Finance Salary 6 - 10 years exp. (4 salaries)	₹4.1 L/yr - ₹6.5 L/yr
Customer Success, Service & Operations Deputy Manager - Finance Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3.8 L/yr
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Finance & Accounting Deputy Manager - Finance Salary 2 - 4 years exp. (4 salaries)	₹2.8 L/yr - ₹7 L/yr
Marketing & Communication Deputy Manager - Finance Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.5 L/yr

Last Updated: 22 Mar 2025

Companies similar to Kotak Mahindra Bank for Deputy Manager - Finance

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Deputy Manager - Finance Salary 0 - 9 years exp. (85 salaries)	₹3 L/yr - ₹9.5 L/yr 37% more
HDFC Bank Deputy Manager - Finance Salary 3 - 10 years exp. (76 salaries)	₹3.2 L/yr - ₹7.7 L/yr 19% more
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IndusInd Bank Deputy Manager - Finance Salary 3 - 12 years exp. (60 salaries)	₹2.6 L/yr - ₹4.4 L/yr 27% less
Axis Bank Deputy Manager - Finance Salary 0 - 6 years exp. (38 salaries)	₹3.5 L/yr - ₹10.1 L/yr 28% more
Yes Bank Deputy Manager - Finance Salary 0 - 12 years exp. (16 salaries)	₹4.5 L/yr - ₹8 L/yr 32% more
Bandhan Bank Deputy Manager - Finance Salary 0 - 6 years exp. (7 salaries)	₹3.6 L/yr - ₹6.5 L/yr 2% more
IDFC FIRST Bank Deputy Manager - Finance Salary 2 - 6 years exp. (6 salaries)	₹4.3 L/yr - ₹7.6 L/yr 41% more
Utkarsh Small Finance Bank Deputy Manager - Finance Salary 0 - 8 years exp. (6 salaries)	₹5.2 L/yr - ₹8 L/yr 50% more
RBL Bank Deputy Manager - Finance Salary 7 - 11 years exp. (5 salaries)	₹6.1 L/yr - ₹7.2 L/yr 43% more
The Saraswat Co-operative Bank Deputy Manager - Finance Salary 2 - 7 years exp. (4 salaries)	₹4 L/yr - ₹9.3 L/yr 54% more
City Union Bank Deputy Manager - Finance Salary 0 - 7 years exp. (4 salaries)	₹8.5 L/yr - ₹10.7 L/yr 105% more
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Deputy Manager - Finance salary at Kotak Mahindra Bank ranges between ₹2.8 Lakhs to ₹7 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 20 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Deputy Manager - Finance salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.9 L/yr
3 years (3 salaries)	₹2.8 L/yr - ₹7 L/yr
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4 years (6 salaries)	₹3.8 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹6.5 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹8.4 L/yr
7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
8 years (3 salaries)	₹4.2 L/yr - ₹6.5 L/yr
9 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.5 L/yr
10 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr

View all

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Salary related reviews for Kotak Mahindra Bank

2.0

Rated by 3 employees for salary & benefits

Deputy Manager - Finance in Mumbai

BFSI, Investments & Trading Department

3.0

• posted on 25 Oct 2019

2.0

for Salary and Benefits

Likes

...t great company to grow your career in speedy manner and also in monetary terms. Not good in compensation and benefit giving to their employees.

Job security - Good

+1 more

Dislikes

not upgraded in IT field. not good in compensation and benefit giving.

Salary - Poor

+2 more

Credit Manager in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 23 Sep 2023

1.0

for Salary and Benefits

Likes

Skill Development and Learning

Skill development - Good

Dislikes

No Work-Life balance,no Salary & Benefits,not happy with Promotions / Appraisal,no Work Satisfaction,I don't kwon Company Culture, but department culture is veridis happy

Salary - Bad

+5 more

Credit Processing Associate in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 23 Dec 2022

2.0

for Salary and Benefits

Likes

Good place to learn and for skill development got nice exposure of work.. and load of work is average so you got time for work and life both.. Nice place for learn

Skill development - Good

+1 more

Dislikes

It's a offroll job , so there is No salary increment for CPA ( credit processing associates) no other benefits..

Salary - Poor

+2 more

Credit Associate in Nagpur

Full Time

Other Department

2.0

• posted on 14 Feb 2023

1.0

for Salary and Benefits

Likes

Overall good mentor is good... Work is also ok... Bosses are good in nature

Company culture - Good

Dislikes

There is no salary hike in last 4 year... No growth in position.... Working in same salary & in same position from last 4 year

Salary - Bad

+2 more

Credit Processing Associate in Kotak House Near Trinity Metro Station Bangalore

Other Department

5.0

• posted on 29 May 2022

5.0

for Salary and Benefits

Likes

Kotak Mahindra Bank Business loan process is very good and long process and we will prepartion TAT is very dificulty and Very carfully updated last two yers financials and latest one year GST returns and latest one year Banking perfios after completed TAT easly process the case the working is very easly recomending the casese.

Salary - Excellent

+5 more

Dislikes

More work and less salary, there is no co-ordination in the team, any problem is raised asking me only, our team peoples doing mistakes managers asking me, any big Financial cases shared managers me only.

Promotions - Poor

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Deputy Manager - Finance Salary FAQs

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

The average salary of a Deputy Manager - Finance at Kotak Mahindra Bank in India typically ranges from ₹2.8 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Deputy Manager - Finance at Kotak Mahindra Bank earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Deputy Manager - Finance 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 Manager - Finance at Kotak Mahindra Bank in India?

The estimated take-home salary of a Deputy Manager - Finance at Kotak Mahindra Bank in India typically ranges from ₹34,501 to ₹35,748 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 2 years to 10 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 Manager - Finance in India?

City Union Bank	₹8.5 Lakhs to ₹10.7 Lakhs per year
The Saraswat Co-operative Bank	₹4.0 Lakhs to ₹9.3 Lakhs per year
Utkarsh Small Finance Bank	₹5.2 Lakhs to ₹8.0 Lakhs per year
RBL Bank	₹6.1 Lakhs to ₹7.2 Lakhs per year
IDFC FIRST Bank	₹4.3 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 - Finance in companies similar to Kotak Mahindra Bank in India?

The salary of a Deputy Manager - Finance at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank	₹3.0 Lakhs to ₹9.5 Lakhs per year
Yes Bank	₹4.5 Lakhs to ₹8.0 Lakhs per year
Axis Bank	₹3.5 Lakhs to ₹10.1 Lakhs per year
HDFC Bank	₹3.2 Lakhs to ₹7.7 Lakhs per year
Bandhan Bank	₹3.6 Lakhs to ₹6.5 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 - Finance at Kotak Mahindra Bank in India?

The salary growth for a Deputy Manager - Finance at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Deputy Manager - Finance can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
2 years	₹3.0 Lakhs to ₹7.9 Lakhs per year
3 years	₹2.8 Lakhs to ₹7.0 Lakhs per year
4 years	₹3.8 Lakhs to ₹5.3 Lakhs per year
5 years	₹3.8 Lakhs to ₹6.5 Lakhs per year

and so on.

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Kotak Mahindra Bank Deputy Manager - Finance Salaries by Location

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Kotak Mahindra Bank Deputy Manager - Finance Salaries

Kotak Mahindra Bank Deputy Manager - Finance salary in India ranges between ₹2.8 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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

Companies similar to Kotak Mahindra Bank for Deputy Manager - Finance

Latest annual salaries shared by Kotak Mahindra Bank Deputy Manager - Finance

Experience wise Kotak Mahindra Bank Deputy Manager - Finance salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Deputy Manager - Finance in Mumbai

Credit Manager in Mumbai

Credit Processing Associate in New Delhi

Credit Associate in Nagpur

Credit Processing Associate in Kotak House Near Trinity Metro Station Bangalore

Kotak Mahindra Bank Deputy Manager - Finance Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Deputy Manager - Finance Salaries by Location