Kotak Mahindra Bank Mumbai Deputy Manager HR Salaries by 6 Employees

4 - 11 years exp.

₹5.5 Lakhs - ₹8 Lakhs

Avg. annual salary

Monthly In-hand Salary

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

Kotak Mahindra Bank Deputy Manager HR Salary

4 - 11 years exp. (6 salaries)

₹5.5 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Deputy Manager HR Salary 0 - 9 years exp. (24 salaries)	₹5 L/yr - ₹10 L/yr 19% more
Yes Bank Deputy Manager HR Salary 2 - 9 years exp. (14 salaries)	₹4 L/yr - ₹8.5 L/yr 13% more
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The Saraswat Co-operative Bank Deputy Manager HR Salary 0 - 15 years exp. (10 salaries)	₹7.5 L/yr - ₹10.5 L/yr 40% more
IndusInd Bank Deputy Manager HR Salary 5 - 10 years exp. (6 salaries)	₹4 L/yr - ₹8 L/yr 13% less
ICICI Bank Deputy Manager HR Salary 1 - 5 years exp. (5 salaries)	₹5.5 L/yr - ₹7.8 L/yr 10% more
RBL Bank Deputy Manager HR Salary 4 - 7 years exp. (3 salaries)	₹3.6 L/yr - ₹4.2 L/yr 38% less
IDFC FIRST Bank Deputy Manager HR Salary 5 - 13 years exp. (3 salaries)	₹6.1 L/yr - ₹8.2 L/yr 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.

Experience wise Kotak Mahindra Bank Deputy Manager HR salaries in Mumbai

Last Updated: 14 Mar 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
5 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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6 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
9 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
10 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
11 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

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Salary related reviews for Kotak Mahindra Bank

HR Executive in Mumbai

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.

Skill development - Good

+1 more

Dislikes

salary /appraisal, career growth

Salary - Poor

+2 more

Administration Executive in Banglore

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.

Skill development - Good

+2 more

Dislikes

Work pressure very high. Salary for not good

Relationship Officer in Visakhapatnam

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

Salary - Poor

+4 more

Manager OPS in Kolkata

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

Salary - Poor

+5 more

Assistant Product Sales Manager in Madurai

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.

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 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 Salaries in Mumbai

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