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Kotak Mahindra Bank Deputy Manager salaries in Ahmedabad

Annual salary range
0 - 12 years exp.
₹2.1 Lakhs - ₹7.8 Lakhs
Salary of majority employees
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48% less than the average Deputy Manager Salary in Banking Companies for 0 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Salary
0 - 11 years exp. (135 salaries)
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₹2.1 L/yr - ₹7.8 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
0 - 12 years exp. (69 salaries)
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₹2.6 L/yr - ₹6 L/yr

Sales & Business Development
Deputy Manager Salary
0 - 12 years exp. (62 salaries)
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₹2.6 L/yr - ₹7.6 L/yr

Finance & Accounting
Deputy Manager Salary
0 - 10 years exp. (35 salaries)
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₹2.4 L/yr - ₹6 L/yr

Marketing & Communication
Deputy Manager Salary
0 - 10 years exp. (16 salaries)
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₹3.2 L/yr - ₹6.5 L/yr

Last Updated: 17 Dec 2024

Companies similar to Kotak Mahindra Bank for Deputy Manager in Ahmedabad

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Kotak Mahindra Bank Deputy Manager Salary

0 - 12 years exp. (406 salaries)

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₹2.1 L/yr - ₹7.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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State Bank of India Deputy Manager Salary

4 - 11 years exp. (17 salaries)

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₹7 L/yr - ₹20 L/yr

arrow icon 248% more
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IDFC FIRST Bank Deputy Manager Salary

0 - 11 years exp. (70 salaries)

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₹3.4 L/yr - ₹7.7 L/yr

arrow icon 13% more
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₹3 L/yr - ₹4.2 L/yr

arrow icon 19% less
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Zydus Lifesciences Deputy Manager Salary

9 - 18 years exp. (628 salaries)

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₹6.4 L/yr - ₹18.6 L/yr

arrow icon 178% more
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Adani Group Deputy Manager Salary

0 - 17 years exp. (242 salaries)

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₹7 L/yr - ₹20 L/yr

arrow icon 176% more
41 job openings
Deputy Manager salary at Kotak Mahindra Bank ranges between ₹2.1 Lakhs to ₹7.8 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 406 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Deputy Manager in Ahmedabad

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Experience wise Kotak Mahindra Bank Deputy Manager salaries in Ahmedabad

Last Updated: 17 Dec 2024

Experience Avg Annual Salary
Fresher  (23 salaries)

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₹2.4 L/yr - ₹6.5 L/yr
1 year  (22 salaries)

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₹2.7 L/yr - ₹6.5 L/yr
2 years  (27 salaries)

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₹2.2 L/yr - ₹7 L/yr
3 years  (56 salaries)

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₹2 L/yr - ₹6.5 L/yr
4 years  (71 salaries)

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₹2.4 L/yr - ₹6.5 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Branch Manager Salary
(45 salaries)
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₹6.96 L/yr - ₹21 L/yr
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₹2.4 L/yr - ₹10.5 L/yr
Area Manager Salary
(9 salaries)
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₹12 L/yr - ₹26.6 L/yr
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₹5.3 L/yr - ₹14 L/yr

Top skills at Kotak Mahindra Bank for Deputy Manager

Field Sales Casa Insurance Customer Acquisition Direct Sales Sales HNI Acquisition Business Development Business Banking Retail Sales Current Account Saving Account Banking Sales Cross Selling Personal Loans

Salary related reviews for Kotak Mahindra Bank

3.9

Rated by 35 employees for salary & benefits

BFSI, Investments & Trading Department

5.0
  •  posted on 30 Mar 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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Dislikes

None

Product Management Department

4.0
  •  posted on 21 Sep 2019

3.0
 for  Salary and Benefits

Likes

Team work is really good I appreciate that part in kotak, travelling policy is also good as they used make bookings for employees for out station.

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Dislikes

...e the promotion to Sr. Not the deserving one. So that's what I don't like about. I am just talking about Salary Department. In other departments it's might be Good. Otherwise its good working place and I must say Uday kotak is visionary person.

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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.

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Dislikes

Salary, promortion - these are the worst over here.

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.

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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.

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Full Time

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Sales & Business Development Department

1.0
  •  posted on 10 Mar 2024

2.0
 for  Salary and Benefits

Likes

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

Dislikes

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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Kotak Mahindra Bank Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Kotak Mahindra Bank Ahmedabad?
Deputy Manager salary at Kotak Mahindra Bank in Ahmedabad ranges between ₹2.1 Lakhs to ₹7.8 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 48% less than the average Deputy Manager Salary in India. Salary estimates are based on 406 latest salaries received from various employees of Kotak Mahindra Bank Ahmedabad.
How does the salary of a Deputy Manager at Kotak Mahindra Bank Ahmedabad compare with the average salary range for this job?
The average salary of a Deputy Manager at Kotak Mahindra Bank is 48% less than the average salary of a Deputy Manager in Ahmedabad. To know exact salary insights, login to view.
What are the top skills required to work as a Deputy Manager at Kotak Mahindra Bank?
Field Sales, Casa, Insurance, Customer Acquisition and Direct Sales are some of the popular skills required to work as a Deputy Manager at Kotak Mahindra Bank Ahmedabad.
Which similar companies are paying more than Kotak Mahindra Bank to a Deputy Manager in Ahmedabad?
  • State Bank of India Deputy Manager Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year
  • Zydus Lifesciences Deputy Manager Salary - ₹6.4 Lakhs to ₹18.6 Lakhs per year
  • Adani Group Deputy Manager Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year
  • IDFC FIRST Bank Deputy Manager Salary - ₹3.4 Lakhs to ₹7.7 Lakhs per year
What is the salary of a Deputy Manager in companies similar to Kotak Mahindra Bank in Ahmedabad?
  • Ujjivan Small Finance Bank Deputy Manager Salary - ₹3.0 Lakhs to ₹4.2 Lakhs per year
What is the estimated take home salary of a Deputy Manager at Kotak Mahindra Bank in Ahmedabad?
The estimated take-home salary of a Deputy Manager at Kotak Mahindra Bank ranges between ₹37,170 per month to ₹38,377 per month in Ahmedabad. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Manager salary in India which ranges between ₹2.1 Lakhs to ₹7.8 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?
What is the notice period for Deputy Manager at Kotak Mahindra Bank in Ahmedabad?
According to AmbitionBox, 72% of the Kotak Mahindra Bank Deputy Managers in Ahmedabad reported a notice period of 3 Months, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 207 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Deputy Manager salary in Ahmedabad ranges between ₹2.1 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 406 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.