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Kotak Mahindra Bank Deputy Manager II salaries in Mumbai

Annual salary range
2 - 6 years exp.
₹3.5 Lakhs - ₹6.5 Lakhs
Salary of majority employees
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36% 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
4 - 6 years exp. (5 salaries)
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₹3.5 L/yr - ₹6.5 L/yr

Finance & Accounting
Deputy Manager II Salary
3 - 6 years exp. (4 salaries)
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₹3.5 L/yr - ₹4.3 L/yr

Sales & Business Development
Deputy Manager II Salary
2 - 5 years exp. (3 salaries)
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₹4.2 L/yr - ₹4.7 L/yr

Customer Success, Service & Operations
Deputy Manager II Salary
5 years exp. (AmbitionBox Estimate)
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₹4.6 L/yr - ₹5.8 L/yr

Last Updated: 11 Oct 2024

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

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Kotak Mahindra Bank Deputy Manager II Salary

2 - 6 years exp. (16 salaries)

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₹3.5 L/yr - ₹6.5 L/yr

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

3 - 7 years exp. (6 salaries)

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₹6.2 L/yr - ₹8 L/yr

arrow icon 38% more
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ICICI Bank Deputy Manager II Salary

0 - 14 years exp. (511 salaries)

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₹3 L/yr - ₹11 L/yr

arrow icon 65% more
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Axis Bank Deputy Manager II Salary

3 - 6 years exp. (8 salaries)

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₹4.5 L/yr - ₹8.3 L/yr

arrow icon 33% more
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IndusInd Bank Deputy Manager II Salary

4 - 7 years exp. (5 salaries)

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₹4.5 L/yr - ₹6.8 L/yr

arrow icon 8% more
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IDFC FIRST Bank Deputy Manager II Salary

0 - 5 years exp. (3 salaries)

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₹6.3 L/yr - ₹8.4 L/yr

arrow icon 46% more
Deputy Manager II salary at Kotak Mahindra Bank ranges between ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindra Bank.

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

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Experience wise Kotak Mahindra Bank Deputy Manager II salaries in Mumbai

Last Updated: 11 Oct 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹8 L/yr
4 years  (5 salaries)

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₹3.5 L/yr - ₹8.1 L/yr
5 years  (5 salaries)

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₹4.1 L/yr - ₹5.8 L/yr
6 years  (3 salaries)

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₹4.1 L/yr - ₹6.5 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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₹1.8 L/yr - ₹10.15 L/yr
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₹12.72 L/yr - ₹47 L/yr
Credit Manager Salary
(237 salaries)
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₹3.72 L/yr - ₹13 L/yr
Service Officer Salary
(223 salaries)
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₹1.7 L/yr - ₹4.27 L/yr
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₹3 L/yr - ₹9 L/yr
Branch Manager Salary
(136 salaries)
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₹7.5 L/yr - ₹25.56 L/yr
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₹3 L/yr - ₹6.05 L/yr
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₹3.64 L/yr - ₹10.25 L/yr
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₹7 L/yr - ₹15.5 L/yr
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₹1.68 L/yr - ₹4 L/yr
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Salary related reviews for Kotak Mahindra Bank

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

read more
  • 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

read more
  • Job security - Bad
  • +2 more

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +3 more

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.

read more
  • Salary - Poor
  • +4 more

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

read more

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

read more
  • Salary - Bad
  • +6 more

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

read more
  • Salary - Bad
  • +1 more
see more salary related reviews

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Kotak Mahindra Bank Deputy Manager II Salary FAQs

What is the salary of Deputy Manager II at Kotak Mahindra Bank Mumbai?
Deputy Manager II salary at Kotak Mahindra Bank in Mumbai ranges between ₹3.5 Lakhs to ₹6.5 Lakhs for experience between 2 years to 6 years. According to our estimates it is 36% less than the average Deputy Manager II Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.
How does the salary of a Deputy Manager II at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?
The average salary of a Deputy Manager II at Kotak Mahindra Bank is 36% less than the average salary of a Deputy Manager II in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Deputy Manager II in Mumbai?
  • ICICI Bank Deputy Manager II Salary - ₹3.0 Lakhs to ₹11.0 Lakhs per year
  • IDFC FIRST Bank Deputy Manager II Salary - ₹6.3 Lakhs to ₹8.4 Lakhs per year
  • HDFC Bank Deputy Manager II Salary - ₹6.2 Lakhs to ₹8.0 Lakhs per year
  • Axis Bank Deputy Manager II Salary - ₹4.5 Lakhs to ₹8.3 Lakhs per year
  • IndusInd Bank Deputy Manager II Salary - ₹4.5 Lakhs to ₹6.8 Lakhs per year
What is the estimated take home salary of a Deputy Manager II at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Deputy Manager II at Kotak Mahindra Bank ranges between ₹33,671 per month to ₹34,931 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Manager II salary in India which ranges between ₹3.5 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 in Mumbai?
According to AmbitionBox, 54% of the Kotak Mahindra Bank Deputy Manager IIs in Mumbai reported a notice period of 3 Months, 46% reported a notice period of 1 Month.This is based on 13 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Deputy Manager II salary in Mumbai ranges between ₹3.5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.