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Kotak Mahindra Bank

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3.8

based on 17k Reviews

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

Annual salary range
2 - 9 years exp.
₹2.9 Lakhs - ₹6.3 Lakhs
Salary of majority employees
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24% less than the average Deputy Manager Grade 2 Salary in Banking Companies for 2 - 9 years of experience

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Salaries in different departments

Sales & Business Development
Deputy Manager Grade 2 Salary
2 - 7 years exp. (20 salaries)
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₹4 L/yr - ₹6 L/yr

Customer Success, Service & Operations
Deputy Manager Grade 2 Salary
2 - 9 years exp. (15 salaries)
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₹3.5 L/yr - ₹6.3 L/yr

BFSI, Investments & Trading
Deputy Manager Grade 2 Salary
3 - 8 years exp. (12 salaries)
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₹3.7 L/yr - ₹6.2 L/yr

Finance & Accounting
Deputy Manager Grade 2 Salary
2 - 5 years exp. (5 salaries)
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₹3.8 L/yr - ₹5.5 L/yr

Marketing & Communication
Deputy Manager Grade 2 Salary
2 - 6 years exp. (5 salaries)
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₹2.9 L/yr - ₹5.4 L/yr

Last Updated: 3 Mar 2025

Companies similar to Kotak Mahindra Bank for Deputy Manager Grade 2 in Pune

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Kotak Mahindra Bank Deputy Manager Grade 2 Salary

2 - 9 years exp. (59 salaries)
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₹2.9 L/yr - ₹6.3 L/yr

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

1 - 9 years exp. (22 salaries)
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₹4 L/yr - ₹8 L/yr

arrow icon 13% more
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ICICI Bank Deputy Manager Grade 2 Salary

0 - 13 years exp. (206 salaries)
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₹4.2 L/yr - ₹10.5 L/yr

arrow icon 46% more
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Axis Bank Deputy Manager Grade 2 Salary

3 - 10 years exp. (6 salaries)
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₹6.2 L/yr - ₹8 L/yr

arrow icon 37% more
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State Bank of India Deputy Manager Grade 2 Salary

8 - 12 years exp. (5 salaries)
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₹10 L/yr - ₹17.5 L/yr

arrow icon 165% more
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IndusInd Bank Deputy Manager Grade 2 Salary

3 - 9 years exp. (6 salaries)
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₹3.8 L/yr - ₹4.5 L/yr

arrow icon 16% less
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Ujjivan Small Finance Bank Deputy Manager Grade 2 Salary

3 - 7 years exp. (5 salaries)
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₹3.5 L/yr - ₹7 L/yr

arrow icon 5% less
Deputy Manager Grade 2 salary at Kotak Mahindra Bank ranges between ₹2.9 Lakhs to ₹6.3 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 59 latest salaries received from various employees of Kotak Mahindra Bank.

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

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Experience wise Kotak Mahindra Bank Deputy Manager Grade 2 salaries in Pune

Last Updated: 3 Mar 2025

Experience Avg Annual Salary
2 years  (5 salaries)

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₹3.7 L/yr - ₹5 L/yr
3 years  (10 salaries)

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₹2.9 L/yr - ₹5.8 L/yr
4 years  (13 salaries)

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₹3.5 L/yr - ₹6.2 L/yr
5 years  (12 salaries)

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₹4 L/yr - ₹6 L/yr
6 years  (11 salaries)

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₹3.5 L/yr - ₹6 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(834 salaries)
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₹1.75 L/yr - ₹7.5 L/yr
Relationship Manager Salary
(215 salaries)
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₹1.5 L/yr - ₹9.75 L/yr
Sales Manager Salary
(83 salaries)
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₹2.5 L/yr - ₹11 L/yr
Branch Manager Salary
(55 salaries)
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₹7 L/yr - ₹21 L/yr
Operations Manager Salary
(18 salaries)
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₹4 L/yr - ₹8.89 L/yr
Team Lead Salary
(16 salaries)
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₹2 L/yr - ₹6.5 L/yr
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Salary related reviews for Kotak Mahindra Bank

3.6

Rated by 7 employees for salary & benefits

Operations Manager in Goregaon

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

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.

read more
  • Job security - Good
    • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
    • +1 more

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.

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

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.

  • 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

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.

  • 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
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What people are saying about Kotak Mahindra Bank

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an assistant manager
5d
With online education becoming more popular, many professionals are opting for an Online MBA instead of a traditional one. But does it really offer the same value? Some key questions to con... read more
Is an Online MBA Really Worth It?
Yes
10%
No
72%
Can be, if properly planned
18%
11 participants . expiring in 2w
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Kotak Mahindra Bank Deputy Manager Grade 2 Salary FAQs

What is the salary of Deputy Manager Grade 2 at Kotak Mahindra Bank Pune?
Deputy Manager Grade 2 salary at Kotak Mahindra Bank in Pune ranges between ₹2.9 Lakhs to ₹6.3 Lakhs for experience between 2 years to 9 years. According to our estimates it is 24% less than the average Deputy Manager Grade 2 Salary in India. Salary estimates are based on 59 latest salaries received from various employees of Kotak Mahindra Bank Pune.
How does the salary of a Deputy Manager Grade 2 at Kotak Mahindra Bank Pune compare with the average salary range for this job?
The average salary of a Deputy Manager Grade 2 at Kotak Mahindra Bank is 24% less than the average salary of a Deputy Manager Grade 2 in Pune. 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 Pune?
  • State Bank of India Deputy Manager Grade 2 Salary - ₹10.0 Lakhs to ₹17.5 Lakhs per year
  • ICICI Bank Deputy Manager Grade 2 Salary - ₹4.2 Lakhs to ₹10.5 Lakhs per year
  • Axis Bank Deputy Manager Grade 2 Salary - ₹6.2 Lakhs to ₹8.0 Lakhs per year
  • HDFC Bank Deputy Manager Grade 2 Salary - ₹4.0 Lakhs to ₹8.0 Lakhs per year
What is the salary of a Deputy Manager Grade 2 in companies similar to Kotak Mahindra Bank in Pune?
  • Ujjivan Small Finance Bank Deputy Manager Grade 2 Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
  • IndusInd Bank Deputy Manager Grade 2 Salary - ₹3.8 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Deputy Manager Grade 2 at Kotak Mahindra Bank in Pune?
The estimated take-home salary of a Deputy Manager Grade 2 at Kotak Mahindra Bank ranges between ₹38,106 per month to ₹39,299 per month in Pune. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Manager Grade 2 salary in India which ranges between ₹2.9 Lakhs to ₹6.3 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Deputy Manager Grade 2 at Kotak Mahindra Bank in Pune?
According to AmbitionBox, 57% of the Kotak Mahindra Bank Deputy Manager Grade 2s in Pune reported a notice period of 3 Months, 38% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 44 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Deputy Manager Grade 2 salary in Pune ranges between ₹2.9 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 59 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.