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Kotak Mahindra Bank Deputy Manager HR salaries in Mumbai

Annual salary range
4 - 11 years exp.
₹5.5 Lakhs - ₹8 Lakhs
Salary of majority employees
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34% less than the average Deputy Manager HR Salary in Banking Companies for 4 - 11 years of experience

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Last Updated: 14 Mar 2024

Companies similar to Kotak Mahindra Bank for Deputy Manager HR in Mumbai

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Kotak Mahindra Bank Deputy Manager HR Salary

4 - 11 years exp. (6 salaries)

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₹5.5 L/yr - ₹8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Axis Bank Deputy Manager HR Salary

0 - 9 years exp. (24 salaries)

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₹5 L/yr - ₹10 L/yr

arrow icon 19% more
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Yes Bank Deputy Manager HR Salary

2 - 9 years exp. (14 salaries)

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₹4 L/yr - ₹8.5 L/yr

arrow icon 13% more
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₹7.5 L/yr - ₹10.5 L/yr

arrow icon 40% more
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IndusInd Bank Deputy Manager HR Salary

5 - 10 years exp. (6 salaries)

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₹4 L/yr - ₹8 L/yr

arrow icon 13% less
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ICICI Bank Deputy Manager HR Salary

1 - 5 years exp. (5 salaries)

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₹5.5 L/yr - ₹7.8 L/yr

arrow icon 10% more
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RBL Bank Deputy Manager HR Salary

4 - 7 years exp. (3 salaries)

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₹3.6 L/yr - ₹4.2 L/yr

arrow icon 38% less
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IDFC FIRST Bank Deputy Manager HR Salary

5 - 13 years exp. (3 salaries)

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₹6.1 L/yr - ₹8.2 L/yr

arrow icon 5% more
Deputy Manager HR salary at Kotak Mahindra Bank ranges between ₹5.5 Lakhs to ₹8 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Deputy Manager HR in Mumbai

1y ago
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11 years exp.
1y ago
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10 years exp.

Experience wise Kotak Mahindra Bank Deputy Manager HR salaries in Mumbai

Last Updated: 14 Mar 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
5 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
6 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

HR Executive Salary
(91 salaries)
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₹1.25 L/yr - ₹4.5 L/yr
HR Manager Salary
(24 salaries)
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₹4.7 L/yr - ₹17 L/yr
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₹1.58 L/yr - ₹3.2 L/yr
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₹10.6 L/yr - ₹17 L/yr
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₹16 L/yr - ₹22 L/yr
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₹21.25 L/yr - ₹34 L/yr
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₹5 L/yr - ₹11 L/yr
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₹2.16 L/yr - ₹4 L/yr
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₹2.5 L/yr - ₹4.3 L/yr
HR Associate Salary
(4 salaries)
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₹2.4 L/yr - ₹4.71 L/yr

Salary related reviews for Kotak Mahindra Bank

BFSI, Investments & Trading Department

4.0
  •  posted on 01 Aug 2020

2.0
 for  Salary and Benefits

Likes

... build the knowledge and carrier.my colleagues are very nice and helping nature. company has provide salary in lockdown to every employee also they are getting touch with employee on calls and massages.

read more
  • Skill development - Good
  • +1 more

Dislikes

salary /appraisal, career growth

  • Salary - Poor
  • +2 more

Finance & Accounting Department

4.0
  •  posted on 15 Jul 2020

3.0
 for  Salary and Benefits

Likes

Good work environment and culture. Very supportive and friendly management. Company policies are good.. Work from home facility's for covid -19 lockdown time.

read more
  • Skill development - Good
  • +2 more

Dislikes

Work pressure very high. Salary for not good

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 24 Mar 2025

2.0
 for  Salary and Benefits

Likes

On time salary

  • Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 18 Mar 2025

2.0
 for  Salary and Benefits

Likes

There is nothing much to like except you may see a level of job security if you're doing good in ops or sales work

Dislikes

Almost every aspect of the job that includes culture, managers, management, decisions, promotions, salary, all other perks, work life balance is NIL, kissing of Manger's hand may allow you to grow mostly, a company with worst management who doesn't even care for employees and men who are working hard. Please do not join if you have some other better options in hand

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 13 Mar 2025

4.0
 for  Salary and Benefits

Likes

Salary, Skill Development, promotions.

  • Salary - Good
  • +3 more

Dislikes

Managers who are not following the company policy. Too much process in account opening and POS. Customer funds are getting hold in the individual current accounts for like 12 months or 13 months. Ridiculous. Worst service provider to the customers. The bank is giving priority to sales only. Not for service.

read more
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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Deputy Manager HR Salary FAQs

What is the salary of Deputy Manager HR at Kotak Mahindra Bank in Mumbai?
The average salary of a Deputy Manager HR at Kotak Mahindra Bank in Mumbai typically ranges from ₹5.5 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of Deputy Manager HR in Mumbai at Kotak Mahindra Bank earn more than ₹7.9 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Deputy Manager HR 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 6 Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Deputy Manager HR at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Deputy Manager HR at Kotak Mahindra Bank in Mumbai typically ranges from ₹48,299 to ₹49,441 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 4 years to 11 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 6 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 HR in India?
The Saraswat Co-operative Bank ₹7.5 Lakhs to ₹10.5 Lakhs per year
Axis Bank ₹5.0 Lakhs to ₹10.0 Lakhs per year
Yes Bank ₹4.0 Lakhs to ₹8.5 Lakhs per year
ICICI Bank ₹5.5 Lakhs to ₹7.8 Lakhs per year
IDFC FIRST Bank ₹6.1 Lakhs to ₹8.2 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 HR in companies similar to Kotak Mahindra Bank in Mumbai?
The salary of a Deputy Manager HR at companies similar to Kotak Mahindra Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndusInd Bank ₹4.0 Lakhs to ₹8.0 Lakhs per year
RBL Bank ₹3.6 Lakhs to ₹4.2 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 HR at Kotak Mahindra Bank in Mumbai?
The salary growth for a Deputy Manager HR at Kotak Mahindra Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Deputy Manager HR in Mumbai can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
4 years ₹5.6 Lakhs to ₹7.2 Lakhs per year
5 years ₹5.6 Lakhs to ₹7.2 Lakhs per year
6 years ₹5.7 Lakhs to ₹7.2 Lakhs per year
7 years ₹5.7 Lakhs to ₹7.3 Lakhs per year
and so on.

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Kotak Mahindra Bank Deputy Manager HR salary in Mumbai ranges between ₹5.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.