Kotak Mahindra Bank Deputy Manager II Salaries by 70+ Employees (Updated 2025)

2 - 6 years exp.

₹3 Lakhs - ₹6.5 Lakhs

Salary of majority employees

35% less than the average Deputy Manager II Salary in Banking Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager II Salary 3 - 6 years exp. (18 salaries)	₹3.1 L/yr - ₹6.5 L/yr
Customer Success, Service & Operations Deputy Manager II Salary 2 - 6 years exp. (13 salaries)	₹4.1 L/yr - ₹6.5 L/yr
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Sales & Business Development Deputy Manager II Salary 2 - 6 years exp. (13 salaries)	₹3.8 L/yr - ₹6.5 L/yr
Finance & Accounting Deputy Manager II Salary 2 - 6 years exp. (7 salaries)	₹3.5 L/yr - ₹4.3 L/yr
Product Management Deputy Manager II Salary 3 - 5 years exp. (3 salaries)	₹4 L/yr - ₹6.5 L/yr

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Last Updated: 8 Feb 2025

Companies similar to Kotak Mahindra Bank for Deputy Manager II

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Manager II Salary 3 - 8 years exp. (54 salaries)	₹3.9 L/yr - ₹8 L/yr 22% more
ICICI Bank Deputy Manager II Salary 0 - 14 years exp. (1.9k salaries)	₹3 L/yr - ₹11 L/yr 56% more
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Axis Bank Deputy Manager II Salary 3 - 6 years exp. (19 salaries)	₹3 L/yr - ₹8.3 L/yr 19% more
IndusInd Bank Deputy Manager II Salary 3 - 10 years exp. (67 salaries)	₹2.8 L/yr - ₹6.8 L/yr 3% less
Yes Bank Deputy Manager II Salary 4 - 10 years exp. (11 salaries)	₹4 L/yr - ₹7.5 L/yr 31% more
IDFC FIRST Bank Deputy Manager II Salary 0 - 6 years exp. (10 salaries)	₹4.4 L/yr - ₹8.4 L/yr 26% more
RBL Bank Deputy Manager II Salary 0 - 5 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr 13% more
Bandhan Bank Deputy Manager II Salary 3 - 6 years exp. (5 salaries)	₹4.2 L/yr - ₹6.3 L/yr 11% more
Ujjivan Small Finance Bank Deputy Manager II Salary 2 - 6 years exp. (7 salaries)	₹3 L/yr - ₹5 L/yr 20% less
Utkarsh Small Finance Bank Deputy Manager II Salary 4 - 8 years exp. (3 salaries)	₹6.7 L/yr - ₹8.3 L/yr 57% more

Deputy Manager II salary at Kotak Mahindra Bank ranges between ₹3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 74 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Deputy Manager II salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
2 years (9 salaries)	₹3 L/yr - ₹6 L/yr
3 years (17 salaries)	₹3.5 L/yr - ₹6.5 L/yr
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4 years (20 salaries)	₹3.1 L/yr - ₹6.5 L/yr
5 years (17 salaries)	₹3.8 L/yr - ₹6 L/yr
6 years (11 salaries)	₹4.1 L/yr - ₹6.5 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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Branch Relationship Manager Salary

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Deputy Vice President Salary

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Branch Sales Manager Salary

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₹3.3 L/yr - ₹11.3 L/yr

Credit Processing Associate Salary

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₹1.68 L/yr - ₹4 L/yr

Senior Manager Credit Salary

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₹6.5 L/yr - ₹16 L/yr

Service Delivery Officer Salary

(338 salaries)

₹2.45 L/yr - ₹6.05 L/yr

Salary related reviews for Kotak Mahindra Bank

3.4

Rated by 12 employees for salary & benefits

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Salary - Good

+1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Skill development - Bad

+3 more

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

Salary - Poor

+4 more

Cluster Head in Shivamogga

Full Time

Other Department

1.0

• posted on 15 Nov 2024

1.0

for Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

Salary - Bad

+6 more

Service Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 05 Feb 2024

1.0

for Salary and Benefits

Likes

All process al very smooth and cooperative staff

Skill development - Excellent

+4 more

Dislikes

Too low salary increament and for promotion BM promote only his dear ones ...person who working hard for bank and vintage staff they simply ignore him while promotion and salary increament

Salary - Bad

+1 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Deputy Manager II Salary FAQs

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

Deputy Manager II salary at Kotak Mahindra Bank in India ranges between ₹3.0 Lakhs to ₹6.5 Lakhs for experience between 2 years to 6 years. According to our estimates it is 35% less than the average Deputy Manager II Salary in India. Salary estimates are based on 74 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Deputy Manager II at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Deputy Manager II at Kotak Mahindra Bank is 35% less than the average salary of a Deputy Manager II in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Deputy Manager II in India?

Utkarsh Small Finance Bank Deputy Manager II Salary - ₹6.7 Lakhs to ₹8.3 Lakhs per year
ICICI Bank Deputy Manager II Salary - ₹3.0 Lakhs to ₹11.0 Lakhs per year
Yes Bank Deputy Manager II Salary - ₹4.0 Lakhs to ₹7.5 Lakhs per year
IDFC FIRST Bank Deputy Manager II Salary - ₹4.4 Lakhs to ₹8.4 Lakhs per year
HDFC Bank Deputy Manager II Salary - ₹3.9 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Deputy Manager II in companies similar to Kotak Mahindra Bank in India?

Axis Bank Deputy Manager II Salary - ₹3.0 Lakhs to ₹8.3 Lakhs per year
RBL Bank Deputy Manager II Salary - ₹5.0 Lakhs to ₹6.0 Lakhs per year
Bandhan Bank Deputy Manager II Salary - ₹4.2 Lakhs to ₹6.3 Lakhs per year
IndusInd Bank Deputy Manager II Salary - ₹2.8 Lakhs to ₹6.8 Lakhs per year
Ujjivan Small Finance Bank Deputy Manager II Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Deputy Manager II at Kotak Mahindra Bank in India?

The estimated take-home salary of a Deputy Manager II at Kotak Mahindra Bank ranges between ₹35,069 per month to ₹36,307 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Manager II salary in India which ranges between ₹3.0 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager II at Kotak Mahindra Bank?

According to AmbitionBox, 68% of the Kotak Mahindra Bank Deputy Manager IIs reported a notice period of 3 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 62 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Deputy Manager II Salaries

Kotak Mahindra Bank Deputy Manager II salary in India ranges between ₹3 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 74 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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

Companies similar to Kotak Mahindra Bank for Deputy Manager II

Latest annual salaries shared by Kotak Mahindra Bank Deputy Manager II

Experience wise Kotak Mahindra Bank Deputy Manager II salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Deputy Vice President in Indore

Branch Relationship Manager in Kolkata

Deputy Branch Manager in Ahmedabad

Cluster Head in Shivamogga

Service Officer in Mumbai

Kotak Mahindra Bank Deputy Manager II Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Deputy Manager II Salaries by Location