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

Annual salary range
3 - 9 years exp.
₹2.5 Lakhs - ₹6.6 Lakhs
Salary of majority employees
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45% less than the average Deputy Manager Operations Salary in Banking Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Operations Salary
3 - 9 years exp. (72 salaries)
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₹2.5 L/yr - ₹6.6 L/yr

Customer Success, Service & Operations
Deputy Manager Operations Salary
3 - 9 years exp. (41 salaries)
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₹2.7 L/yr - ₹6.6 L/yr

Finance & Accounting
Deputy Manager Operations Salary
3 - 9 years exp. (14 salaries)
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₹3.2 L/yr - ₹5.4 L/yr

Data Science & Analytics
Deputy Manager Operations Salary
3 - 7 years exp. (3 salaries)
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₹4.4 L/yr - ₹5.5 L/yr

Last Updated: 4 Mar 2025

Companies similar to Kotak Mahindra Bank for Deputy Manager Operations

Company name Avg Annual Salary Open Jobs
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ICICI Bank Deputy Manager Operations Salary

3 - 13 years exp. (316 salaries)

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₹3.5 L/yr - ₹9.1 L/yr

arrow icon 55% more
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HDFC Bank Deputy Manager Operations Salary

1 - 12 years exp. (298 salaries)

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₹3 L/yr - ₹8.5 L/yr

arrow icon 28% more
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Axis Bank Deputy Manager Operations Salary

4 - 9 years exp. (204 salaries)

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₹3.3 L/yr - ₹7.6 L/yr

arrow icon 27% more
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IndusInd Bank Deputy Manager Operations Salary

1 - 10 years exp. (110 salaries)

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₹2.8 L/yr - ₹6.3 L/yr

arrow icon 8% less
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Yes Bank Deputy Manager Operations Salary

0 - 8 years exp. (55 salaries)

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₹3.9 L/yr - ₹6.8 L/yr

arrow icon 21% more
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RBL Bank Deputy Manager Operations Salary

3 - 10 years exp. (47 salaries)

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₹3.5 L/yr - ₹7.4 L/yr

arrow icon 19% more
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Bandhan Bank Deputy Manager Operations Salary

3 - 10 years exp. (42 salaries)

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₹2.7 L/yr - ₹7 L/yr

arrow icon 25% more
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₹4 L/yr - ₹8.2 L/yr

arrow icon 38% more
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₹5.5 L/yr - ₹7.5 L/yr

arrow icon 58% more
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₹5 L/yr - ₹6.3 L/yr

arrow icon 37% more
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₹4 L/yr - ₹5.2 L/yr

arrow icon 4% more
Deputy Manager Operations salary at Kotak Mahindra Bank ranges between ₹2.5 Lakhs to ₹6.6 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 163 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Deputy Manager Operations

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Experience wise Kotak Mahindra Bank Deputy Manager Operations salaries

Last Updated: 4 Mar 2025

Experience Avg Annual Salary
3 years  (22 salaries)

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₹2.5 L/yr - ₹5.5 L/yr
4 years  (34 salaries)

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₹2.6 L/yr - ₹5 L/yr
5 years  (33 salaries)

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₹2.5 L/yr - ₹5.8 L/yr
6 years  (31 salaries)

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₹3 L/yr - ₹6 L/yr
7 years  (19 salaries)

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₹3.4 L/yr - ₹6.6 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

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(11.4k salaries)
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₹1.65 L/yr - ₹8.5 L/yr
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₹9.7 L/yr - ₹36 L/yr
Chief Manager Salary
(855 salaries)
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₹7.5 L/yr - ₹27 L/yr
Junior Associate Salary
(842 salaries)
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₹1 L/yr - ₹4 L/yr
Sales Executive Salary
(800 salaries)
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₹1 L/yr - ₹5 L/yr
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₹1.45 L/yr - ₹4.5 L/yr
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₹2 L/yr - ₹6.5 L/yr
Product Manager Salary
(587 salaries)
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₹6.5 L/yr - ₹25 L/yr
Team Lead Salary
(417 salaries)
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₹1.5 L/yr - ₹6.75 L/yr
Business Analyst Salary
(308 salaries)
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₹4.62 L/yr - ₹19 L/yr

Top skills at Kotak Mahindra Bank for Deputy Manager Operations

Communication Banking Operations

Salary related reviews for Kotak Mahindra Bank

3.2

Rated by 35 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 19 Nov 2024

2.0
 for  Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 31 Jan 2022

4.0
 for  Salary and Benefits

Likes

Good work environment and culture.teammatees are supportive and management is transparent.

  • Salary - Good
  • +6 more

Dislikes

There is a lot of poltics and management doesn't address our issues.salary is decent but career growth is slow.

read more

Customer Success, Service & Operations Department

3.0
  •  posted on 28 Aug 2022

4.0
 for  Salary and Benefits

Likes

Salary and ratings are transparent. If you perform you can grow very fast

read more
  • Salary - Good
  • +1 more

Dislikes

Work culture, Threatening you to destroy your career in the name of PIP, No professional language, no professional behavior. They literally treat you as a slave and if you submit you resignation they started to torture you by saying extension of notice period and rejection of resignation.

read more
  • Skill development - Poor
  • +3 more

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

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 08 Feb 2025

3.0
 for  Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

  • Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

read more
  • Work satisfaction - Poor
  • +2 more
see more salary related reviews

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Kotak Mahindra Bank Deputy Manager Operations Salary FAQs

What is the salary of Deputy Manager Operations at Kotak Mahindra Bank ?
The average salary of a Deputy Manager Operations at Kotak Mahindra Bank in India typically ranges from ₹2.5 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Deputy Manager Operations at Kotak Mahindra Bank earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Deputy Manager Operations 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 100+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Deputy Manager Operations at Kotak Mahindra Bank in India?
The estimated take-home salary of a Deputy Manager Operations at Kotak Mahindra Bank in India typically ranges from ₹32,496 to ₹33,773 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 3 years to 9 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 100+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Deputy Manager Operations at Kotak Mahindra Bank ?
To be a Deputy Manager Operations at Kotak Mahindra Bank in india, the key skills required include:

  • - Communication
  • - Banking Operations

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindra Bank for Deputy Manager Operations in India?
The Saraswat Co-operative Bank ₹5.5 Lakhs to ₹7.5 Lakhs per year
ICICI Bank ₹3.5 Lakhs to ₹9.1 Lakhs per year
IDFC FIRST Bank ₹4.0 Lakhs to ₹8.2 Lakhs per year
Utkarsh Small Finance Bank ₹5.0 Lakhs to ₹6.3 Lakhs per year
HDFC Bank ₹3.0 Lakhs to ₹8.5 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 Operations in companies similar to Kotak Mahindra Bank in India?
The salary of a Deputy Manager Operations at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank ₹3.3 Lakhs to ₹7.6 Lakhs per year
Bandhan Bank ₹2.7 Lakhs to ₹7.0 Lakhs per year
Yes Bank ₹3.9 Lakhs to ₹6.8 Lakhs per year
RBL Bank ₹3.5 Lakhs to ₹7.4 Lakhs per year
Ujjivan Small Finance Bank ₹4.0 Lakhs to ₹5.2 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 Operations at Kotak Mahindra Bank in India?
The salary growth for a Deputy Manager Operations at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Operations can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
3 years ₹2.5 Lakhs to ₹5.5 Lakhs per year
4 years ₹2.6 Lakhs to ₹5.0 Lakhs per year
5 years ₹2.5 Lakhs to ₹5.8 Lakhs per year
6 years ₹3.0 Lakhs to ₹6.0 Lakhs per year
and so on.

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Kotak Mahindra Bank Deputy Manager Operations salary in India ranges between ₹2.5 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 163 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.