Kotak Mahindra Bank Mumbai Deputy Manager - Service Salaries by 10 Employees (Updated 2025)

3 - 7 years exp.

₹3.4 Lakhs - ₹6.2 Lakhs

Salary of majority employees

55% less than the average Deputy Manager - Service Salary in Banking Companies for 3 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager - Service Salary 3 - 7 years exp. (5 salaries)	₹3.5 L/yr - ₹6.2 L/yr
Customer Success, Service & Operations Deputy Manager - Service Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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Data Science & Analytics Deputy Manager - Service Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5 L/yr

Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindra Bank for Deputy Manager - Service in Mumbai

Kotak Mahindra Bank Deputy Manager - Service Salary

3 - 7 years exp. (10 salaries)

₹3.4 L/yr - ₹6.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Godrej & Boyce Manufacturing Deputy Manager - Service Salary 8 - 13 years exp. (8 salaries)	₹8.3 L/yr - ₹11 L/yr 143% more
Blue Star Deputy Manager - Service Salary 10 - 18 years exp. (5 salaries)	₹13 L/yr - ₹18.4 L/yr 250% more
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Kaveri Ultra Polymers Deputy Manager - Service Salary 5 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹5.8 L/yr 16% more
Hero MotoCorp Deputy Manager - Service Salary 6 - 8 years exp. (3 salaries)	₹11.5 L/yr - ₹13.7 L/yr 187% more
Vehant Technologies Deputy Manager - Service Salary 6 - 9 years exp. (3 salaries)	₹5.5 L/yr - ₹7.5 L/yr 51% more

Deputy Manager - Service salary at Kotak Mahindra Bank ranges between ₹3.4 Lakhs to ₹6.2 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Deputy Manager - Service salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
3 years (3 salaries)	₹3.6 L/yr - ₹5.8 L/yr
4 years (3 salaries)	₹4 L/yr - ₹6.2 L/yr
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5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹7.7 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.7 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.7 L/yr

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Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 1 employees for salary & benefits

Deputy Manager Operations in Mumbai

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.

Junior Associate in Thane

Full Time

Other Department

5.0

• posted on 12 Nov 2024

5.0

for Salary and Benefits

Likes

62% of Kotak Mahindra Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Kotak Mahindra Bank 3.3 out of 5 for work life balance, 3.5 for culture and values and 3.6 for career opportunities.

Dislikes

Some say there is no work-life balance, and that employees work long hours, including on holidays Salary: Some say that salaries are low Management: Some say that management is bad and that rules are not followed Company politics: Some say that company politics and policies are an issue Targets: Some say that targets are high, but the services are not good Working culture: Some say that the working culture is not good

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

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

Junior Associate in Coimbatore

Full Time

Sales & Business Development Department

3.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

I'm working from kotak 2021to still, it's more comfortable office to me with supportive team and management

Dislikes

Actually I'm working at kotak for past 3 years when I join here my salary monthly 12000 , 3 years gone and also march 2023 I got promotion as a team leader, I given good support to my team also given good business but still I didn't get hike and 12000 only I'm getting. So i need salary improvement for my effective work and do the needful

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

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank Deputy Manager - Service Salary FAQs

What is the salary of Deputy Manager - Service at Kotak Mahindra Bank Mumbai?

Deputy Manager - Service salary at Kotak Mahindra Bank in Mumbai ranges between ₹3.4 Lakhs to ₹6.2 Lakhs for experience between 3 years to 7 years. According to our estimates it is 55% less than the average Deputy Manager - Service Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Deputy Manager - Service at Kotak Mahindra Bank is 55% less than the average salary of a Deputy Manager - Service in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Deputy Manager - Service in Mumbai?

Blue Star Deputy Manager - Service Salary - ₹13.0 Lakhs to ₹18.4 Lakhs per year
Hero MotoCorp Deputy Manager - Service Salary - ₹11.5 Lakhs to ₹13.7 Lakhs per year
Godrej & Boyce Manufacturing Deputy Manager - Service Salary - ₹8.3 Lakhs to ₹11.0 Lakhs per year
Vehant Technologies Deputy Manager - Service Salary - ₹5.5 Lakhs to ₹7.5 Lakhs per year
Kaveri Ultra Polymers Deputy Manager - Service Salary - ₹4.5 Lakhs to ₹5.8 Lakhs per year

What is the estimated take home salary of a Deputy Manager - Service at Kotak Mahindra Bank in Mumbai?

The estimated take-home salary of a Deputy Manager - Service at Kotak Mahindra Bank ranges between ₹31,908 per month to ₹33,194 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Manager - Service salary in India which ranges between ₹3.4 Lakhs to ₹6.2 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

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Kotak Mahindra Bank Deputy Manager - Service Salaries in Mumbai

Kotak Mahindra Bank Deputy Manager - Service salary in Mumbai ranges between ₹3.4 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Deputy Manager - Service salaries in Mumbai

Companies similar to Kotak Mahindra Bank for Deputy Manager - Service in Mumbai

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

Experience wise Kotak Mahindra Bank Deputy Manager - Service salaries in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Deputy Manager Operations in Mumbai

Junior Associate in Thane

Operations Manager in Goregaon

Junior Associate in Coimbatore

Assistant Vice President in Ernakulam

Kotak Mahindra Bank Deputy Manager - Service Salary FAQs

Tell us how to improve this page.