Kotak Mahindra Bank Deputy Manager Retail Salaries by 10+ Employees (Updated 2025)

2 - 6 years exp.

₹3.5 Lakhs - ₹4.8 Lakhs

Salary of majority employees

28% less than the average Deputy Manager Retail Salary in Banking Companies for 2 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Deputy Manager Retail Salary 2 - 6 years exp. (7 salaries)	₹3.5 L/yr - ₹4.8 L/yr
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BFSI, Investments & Trading Deputy Manager Retail Salary 4 - 5 years exp. (4 salaries)	₹3.8 L/yr - ₹4.5 L/yr

Last Updated: 14 Mar 2023

Companies similar to Kotak Mahindra Bank for Deputy Manager Retail

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Manager Retail Salary 2 - 10 years exp. (26 salaries)	₹2.9 L/yr - ₹5.9 L/yr 18% more
Axis Bank Deputy Manager Retail Salary 4 - 10 years exp. (6 salaries)	₹3.6 L/yr - ₹5.3 L/yr 9% more
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IndusInd Bank Deputy Manager Retail Salary 4 - 10 years exp. (3 salaries)	₹3.3 L/yr - ₹5 L/yr 2% less
Yes Bank Deputy Manager Retail Salary 4 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹5.2 L/yr 20% more
Bandhan Bank Deputy Manager Retail Salary 5 - 8 years exp. (4 salaries)	₹3.1 L/yr - ₹4.2 L/yr 10% less

Deputy Manager Retail salary at Kotak Mahindra Bank ranges between ₹3.5 Lakhs to ₹4.8 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Deputy Manager Retail salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹7.5 L/yr
3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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4 years (6 salaries)	₹3.7 L/yr - ₹4.5 L/yr
5 years (3 salaries)	₹3.5 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.1 L/yr

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Salary related reviews for Kotak Mahindra Bank

4.5

Rated by 2 employees for salary & benefits

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

Corporate Accounts Manager in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 12 Sep 2023

3.0

for Salary and Benefits

Likes

The likes depends on the manager if the manager is supporting and helpful it is great but if he is not then it is problematic.

Dislikes

...n who takes account is not even satisfied then how it will promote the business.if you want to work in salary business work for HSBC and Standard Chartered.

Skill development - Poor

+4 more

Branch Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 07 Oct 2023

2.0

for Salary and Benefits

Likes

promotion and training only best thing

Skill development - Excellent

+2 more

Dislikes

No parents medical coverage & no salary as per Role ,no benifits for long service Employee only getting Rs 5000 for after 5 years completion work. here main focus only Li

Salary - Poor

Senior Relationship Manager in Pune

Full Time

Product Management Department

4.0

• posted on 10 Oct 2022

3.0

for Salary and Benefits

Likes

Good Work life Balance Management is humble Good Brand

Job security - Excellent

+3 more

Dislikes

Not paying salary as per the grade Targets are not specified and keeps changing. Critical conditions to earn incentives Poor evaluation system

Skill development - Poor

Sales Officer in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 07 Jan 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues.

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Kotak Mahindra Bank Deputy Manager Retail Salary FAQs

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

Deputy Manager Retail salary at Kotak Mahindra Bank in India ranges between ₹3.5 Lakhs to ₹4.8 Lakhs for experience between 2 years to 6 years. According to our estimates it is 28% less than the average Deputy Manager Retail Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Deputy Manager Retail at Kotak Mahindra Bank is 28% less than the average salary of a Deputy Manager Retail in India. To know exact salary insights, login to view.

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

Yes Bank Deputy Manager Retail Salary - ₹4.5 Lakhs to ₹5.2 Lakhs per year
HDFC Bank Deputy Manager Retail Salary - ₹2.9 Lakhs to ₹5.9 Lakhs per year
Axis Bank Deputy Manager Retail Salary - ₹3.6 Lakhs to ₹5.3 Lakhs per year

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

IndusInd Bank Deputy Manager Retail Salary - ₹3.3 Lakhs to ₹5.0 Lakhs per year
Bandhan Bank Deputy Manager Retail Salary - ₹3.1 Lakhs to ₹4.2 Lakhs per year

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

The estimated take-home salary of a Deputy Manager Retail at Kotak Mahindra Bank ranges between ₹29,891 per month to ₹31,207 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Manager Retail salary in India which ranges between ₹3.5 Lakhs to ₹4.8 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

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Kotak Mahindra Bank Deputy Manager Retail Salaries by Location

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Kotak Mahindra Bank Deputy Manager Retail Salaries

Kotak Mahindra Bank Deputy Manager Retail salary in India ranges between ₹3.5 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Deputy Manager Retail salaries in India

Companies similar to Kotak Mahindra Bank for Deputy Manager Retail

Latest annual salaries shared by Kotak Mahindra Bank Deputy Manager Retail

Experience wise Kotak Mahindra Bank Deputy Manager Retail salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Cluster Head in Shivamogga

Corporate Accounts Manager in Pune

Branch Manager in Bangalore / Bengaluru

Senior Relationship Manager in Pune

Sales Officer in Hyderabad / Secunderabad

Kotak Mahindra Bank Deputy Manager Retail Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Deputy Manager Retail Salaries by Location