Upload Button Icon Add office photos
filter salariesFilter salaries by
Experience
Location
Department

Kotak Mahindra Bank Deputy Manager Grade 2 salaries in India (Updated 2025)

Annual salary range
0 - 10 years exp.
₹2.6 Lakhs - ₹7 Lakhs
Salary of majority employees
unlock blur
unlock blur Lock Unlock

29% less than the average Deputy Manager Grade 2 Salary in Banking Companies for 0 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations
Deputy Manager Grade 2 Salary
0 - 10 years exp. (207 salaries)
unlock-blur Lock Unlock

₹3 L/yr - ₹6.5 L/yr

Sales & Business Development
Deputy Manager Grade 2 Salary
0 - 10 years exp. (178 salaries)
unlock-blur Lock Unlock

₹3.1 L/yr - ₹6.5 L/yr

BFSI, Investments & Trading
Deputy Manager Grade 2 Salary
0 - 10 years exp. (177 salaries)
unlock-blur Lock Unlock

₹3.2 L/yr - ₹7 L/yr

Finance & Accounting
Deputy Manager Grade 2 Salary
0 - 9 years exp. (70 salaries)
unlock-blur Lock Unlock

₹3.4 L/yr - ₹6.5 L/yr

Marketing & Communication
Deputy Manager Grade 2 Salary
0 - 9 years exp. (30 salaries)
unlock-blur Lock Unlock

₹2.9 L/yr - ₹6 L/yr

Last Updated: 5 Mar 2025

Companies similar to Kotak Mahindra Bank for Deputy Manager Grade 2

Company name Avg Annual Salary Open Jobs
Logo
HDFC Bank Deputy Manager Grade 2 Salary

1 - 11 years exp. (356 salaries)

unlock blur Lock Unlock

₹3.6 L/yr - ₹7.8 L/yr

arrow icon 16% more
Logo
ICICI Bank Deputy Manager Grade 2 Salary

0 - 15 years exp. (2.8k salaries)

unlock blur Lock Unlock

₹3 L/yr - ₹11 L/yr

arrow icon 53% more
Logo
Axis Bank Deputy Manager Grade 2 Salary

3 - 10 years exp. (127 salaries)

unlock blur Lock Unlock

₹3.5 L/yr - ₹8.7 L/yr

arrow icon 41% more
unlock blur Lock Unlock

₹9 L/yr - ₹18 L/yr

arrow icon 173% more
Logo
IndusInd Bank Deputy Manager Grade 2 Salary

2 - 11 years exp. (128 salaries)

unlock blur Lock Unlock

₹2.8 L/yr - ₹6 L/yr

arrow icon 9% less
Logo
Yes Bank Deputy Manager Grade 2 Salary

2 - 8 years exp. (34 salaries)

unlock blur Lock Unlock

₹4 L/yr - ₹7 L/yr

arrow icon 16% more
Logo
IDFC FIRST Bank Deputy Manager Grade 2 Salary

1 - 9 years exp. (34 salaries)

unlock blur Lock Unlock

₹3.3 L/yr - ₹9.8 L/yr

arrow icon 18% more
Logo
RBL Bank Deputy Manager Grade 2 Salary

0 - 11 years exp. (12 salaries)

unlock blur Lock Unlock

₹5 L/yr - ₹6.6 L/yr

arrow icon 10% more
Logo
Bandhan Bank Deputy Manager Grade 2 Salary

2 - 8 years exp. (8 salaries)

unlock blur Lock Unlock

₹4.5 L/yr - ₹5.8 L/yr

arrow icon 7% more
unlock blur Lock Unlock

₹3 L/yr - ₹7 L/yr

arrow icon 2% less
unlock blur Lock Unlock

₹5.7 L/yr - ₹7 L/yr

arrow icon 29% more
Logo
City Union Bank Deputy Manager Grade 2 Salary

6 - 12 years exp. (4 salaries)

unlock blur Lock Unlock

₹10.5 L/yr - ₹12.4 L/yr

arrow icon 136% more

Women @ Work is now live!

Explore industry insights, find exclusive jobs & unlock exciting rewards

Deputy Manager Grade 2 salary at Kotak Mahindra Bank ranges between ₹2.6 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 811 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Deputy Manager Grade 2

2d ago
avg blur mobile Lock Unlock
1 year exp.
4d ago
avg blur mobile Lock Unlock
9 years exp.
4d ago
avg blur mobile Lock Unlock
8 years exp.
4d ago
avg blur mobile Lock Unlock
5 years exp.
6d ago
avg blur mobile Lock Unlock
5 years exp.
6d ago
avg blur mobile Lock Unlock
3 years exp.
1w ago
avg blur mobile Lock Unlock
4 years exp.
1w ago
avg blur mobile Lock Unlock
6 years exp.
1w ago
avg blur mobile Lock Unlock
3 years exp.
1w ago
avg blur mobile Lock Unlock
4 years exp.

Experience wise Kotak Mahindra Bank Deputy Manager Grade 2 salaries

Last Updated: 5 Mar 2025

Experience Avg Annual Salary
Fresher  (35 salaries)

unlock blur Lock Unlock

₹3.5 L/yr - ₹5.2 L/yr
1 year  (42 salaries)

unlock blur Lock Unlock

₹3.2 L/yr - ₹6 L/yr
2 years  (90 salaries)

unlock blur Lock Unlock

₹3.1 L/yr - ₹6.5 L/yr
3 years  (127 salaries)

unlock blur Lock Unlock

₹2.6 L/yr - ₹6.7 L/yr
4 years  (136 salaries)

unlock blur Lock Unlock

₹3 L/yr - ₹6.5 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(11.3k salaries)
unlock blur Lock Unlock
₹1.65 L/yr - ₹8.2 L/yr
Store Manager Salary
(AmbitionBox Estimate)
unlock blur Lock Unlock
₹3.4 L/yr - ₹4.4 L/yr
Branch Manager Salary
(1k salaries)
unlock blur Lock Unlock
₹7 L/yr - ₹25.56 L/yr
Sales Manager Salary
(753 salaries)
unlock blur Lock Unlock
₹2.28 L/yr - ₹10 L/yr
unlock blur Lock Unlock
₹2.63 L/yr - ₹10 L/yr
Team Lead Salary
(417 salaries)
unlock blur Lock Unlock
₹1.5 L/yr - ₹6.79 L/yr
Senior Analyst Salary
(10 salaries)
unlock blur Lock Unlock
₹4.3 L/yr - ₹12.5 L/yr
unlock blur Lock Unlock
₹1.5 L/yr - ₹10 L/yr
Quality Analyst Salary
(18 salaries)
unlock blur Lock Unlock
₹3.25 L/yr - ₹5.32 L/yr
unlock blur Lock Unlock
₹2 L/yr - ₹4 L/yr
Contribute & help others!
anonymous
You can choose to be anonymous

Salary related reviews for Kotak Mahindra Bank

3.5

Rated by 142 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 06 Nov 2024

1.0
 for  Salary and Benefits

Likes

There is no work pressure its harmful for your future

  • Job security - Excellent

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Skill development - Poor
  • +1 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Kotak Mahindra Bank Deputy Manager Grade 2 Salary FAQs

What is the salary of Deputy Manager Grade 2 at Kotak Mahindra Bank?
Deputy Manager Grade 2 salary at Kotak Mahindra Bank in India ranges between ₹2.6 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 29% less than the average Deputy Manager Grade 2 Salary in India. Salary estimates are based on 811 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Deputy Manager Grade 2 at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Deputy Manager Grade 2 at Kotak Mahindra Bank is 29% less than the average salary of a Deputy Manager Grade 2 in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Deputy Manager Grade 2 in India?
  • State Bank of India Deputy Manager Grade 2 Salary - ₹9.0 Lakhs to ₹18.0 Lakhs per year
  • City Union Bank Deputy Manager Grade 2 Salary - ₹10.5 Lakhs to ₹12.4 Lakhs per year
  • ICICI Bank Deputy Manager Grade 2 Salary - ₹3.0 Lakhs to ₹11.0 Lakhs per year
  • Axis Bank Deputy Manager Grade 2 Salary - ₹3.5 Lakhs to ₹8.7 Lakhs per year
  • Utkarsh Small Finance Bank Deputy Manager Grade 2 Salary - ₹5.7 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Deputy Manager Grade 2 in companies similar to Kotak Mahindra Bank in India?
  • IDFC FIRST Bank Deputy Manager Grade 2 Salary - ₹3.3 Lakhs to ₹9.8 Lakhs per year
  • Yes Bank Deputy Manager Grade 2 Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
  • HDFC Bank Deputy Manager Grade 2 Salary - ₹3.6 Lakhs to ₹7.8 Lakhs per year
  • RBL Bank Deputy Manager Grade 2 Salary - ₹5.0 Lakhs to ₹6.6 Lakhs per year
  • Bandhan Bank Deputy Manager Grade 2 Salary - ₹4.5 Lakhs to ₹5.8 Lakhs per year
What is the estimated take home salary of a Deputy Manager Grade 2 at Kotak Mahindra Bank in India?
The estimated take-home salary of a Deputy Manager Grade 2 at Kotak Mahindra Bank ranges between ₹36,363 per month to ₹37,583 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Manager Grade 2 salary in India which ranges between ₹2.6 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?
What is the notice period for Deputy Manager Grade 2 at Kotak Mahindra Bank?
According to AmbitionBox, 54% of the Kotak Mahindra Bank Deputy Manager Grade 2s reported a notice period of 3 Months, 35% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 955 responses on AmbitionBox in last 2 years.

Recently Viewed

PHOTOS

InsuranceDekho

3 office photos

LIST OF COMPANIES

Credit Bajaar

Overview

INTERVIEWS

Astreya

No Interviews

SALARIES

Kotak Mahindra Bank

JOBS

Larsen & Toubro Limited

No Jobs

SALARIES

Reliance Industries

JOBS

Prama Hikvision India

No Jobs

SALARIES

Kotak Mahindra Bank

REVIEWS

Optum Global Solutions

No Reviews

SALARIES

Reliance Industries

Tell us how to improve this page.

Kotak Mahindra Bank Deputy Manager Grade 2 salary in India ranges between ₹2.6 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 811 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Rate your experience using AmbitionBox
Terrible
Terrible
Poor
Poor
Average
Average
Good
Good
Excellent
Excellent