Kotak Mahindra Bank Deputy Manager salaries in Kolkata (Updated 2025)

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

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Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

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...rvive 7) When it comes to provide big OD CC cases Kotak will take a Back foot 8) You are told that you’ll get travel allowances that’s not included in salary. But that is not true. You’ll not get TA that other banks give easily NOTE:- IF YOU WANT AN ORGANISATION WHERE YOU WILL GORW, YOUR DREAMS MAY BE RUINED BY OTHER WAYS. ORGANIZATION MAKE IT HAPPEN THAT YOU WILL NOT GET YOUR DESIRED POST. A FEET FEEDER WILL GET THE SAME.

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All are describes above

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...icer for almost around 3years. Overall culture is good. But they are less payer. Have not increased our salary without any reason. Growth is slow compared to peers. Due to less salary good performers never get a value in it.

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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.

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Salary, promortion - these are the worst over here.

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

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.