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Kotak Mahindra Bank Deputy Manager Retail salaries in Mumbai

Annual salary range
2 - 4 years exp.
₹3.7 Lakhs - ₹4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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14% less than the average Deputy Manager Retail Salary in Banking Companies for 2 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Deputy Manager Retail Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.1 L/yr

BFSI, Investments & Trading
Deputy Manager Retail Salary
4 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹3.9 L/yr

Last Updated: 8 Mar 2023

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

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Kotak Mahindra Bank Deputy Manager Retail Salary

2 - 4 years exp. (3 salaries)

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₹3.7 L/yr - ₹4 L/yr

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Company name Avg Annual Salary Open Jobs
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₹9 L/yr - ₹10 L/yr

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Deputy Manager Retail salary at Kotak Mahindra Bank ranges between ₹3.7 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Deputy Manager Retail salaries in Mumbai

Last Updated: 8 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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₹1.8 L/yr - ₹10 L/yr
Branch Manager Salary
(139 salaries)
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₹7.5 L/yr - ₹25.56 L/yr
Sales Manager Salary
(131 salaries)
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₹1.8 L/yr - ₹10.7 L/yr
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₹3.59 L/yr - ₹10.25 L/yr
Sales Officer Salary
(64 salaries)
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₹1.44 L/yr - ₹4 L/yr
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₹1.8 L/yr - ₹4.3 L/yr
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₹4.3 L/yr - ₹13 L/yr
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₹6.5 L/yr - ₹16.8 L/yr
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₹4.1 L/yr - ₹15.15 L/yr
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₹2 L/yr - ₹4.5 L/yr

Salary related reviews for Kotak Mahindra Bank

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 02 Mar 2025

2.0
 for  Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

read more
  • Salary - Poor
  • +6 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

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.

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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.

read more
  • Skill development - Poor
  • +4 more

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

read more
  • Skill development - Poor

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

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

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Kotak Mahindra Bank Deputy Manager Retail Salary FAQs

How the salary growth look like for a Deputy Manager Retail at Kotak Mahindra Bank in Mumbai?
The salary growth for a Deputy Manager Retail at Kotak Mahindra Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Retail in Mumbai can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
2 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
3 years ₹3.6 Lakhs to ₹4.5 Lakhs per year
4 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
and so on.

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Kotak Mahindra Bank Deputy Manager Retail salary in Mumbai ranges between ₹3.7 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.