Kotak Mahindra Bank Nagpur Deputy Manager Scale 2 Salaries by 3 Employees

3 - 5 years exp.

₹4 Lakhs - ₹4.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% more than the average Deputy Manager Scale 2 Salary in Banking Companies for 3 - 5 years of experience

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Salaries in different departments

Sales & Business Development Deputy Manager Scale 2 Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.6 L/yr
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BFSI, Investments & Trading Deputy Manager Scale 2 Salary 3 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.4 L/yr

Last Updated: 16 Oct 2024

Deputy Manager Scale 2 salary at Kotak Mahindra Bank ranges between ₹4 Lakhs to ₹4.7 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Deputy Manager Scale 2 salaries in Nagpur

Last Updated: 16 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr

Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 1 employees for salary & benefits

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

Operations Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

There is no work pressure its harmful for your future

Job security - Excellent

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

Salary - Bad

+5 more

Assistant Vice President in Ernakulam

Full Time

Finance & Accounting Department

4.0

• posted on 02 Jul 2024

1.0

for Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

Skill development - Good

+2 more

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

Salary - Bad

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 11 Jun 2024

2.0

for Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 May 2024

3.0

for Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

Skill development - Good

+1 more

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

Work satisfaction - Bad

+2 more

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What people are saying about Kotak Mahindra Bank

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a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Deputy Manager Scale 2 Salary FAQs

How the salary growth look like for a Deputy Manager Scale 2 at Kotak Mahindra Bank in Nagpur?

The salary growth for a Deputy Manager Scale 2 at Kotak Mahindra Bank in Nagpur depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Scale 2 in Nagpur can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
3 years	₹4.2 Lakhs to ₹5.3 Lakhs per year
4 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
5 years	₹4.0 Lakhs to ₹5.1 Lakhs per year

and so on.

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Kotak Mahindra Bank Deputy Manager Scale 2 Salaries in Nagpur

Kotak Mahindra Bank Deputy Manager Scale 2 salary in Nagpur ranges between ₹4 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.