Kotak Mahindra Bank Chennai Deputy Manager Salaries by 600+ Employees (Updated 2025)

0 - 12 years exp.

₹1.8 Lakh - ₹8 Lakhs

Salary of majority employees

Fixed (100%)

₹5 Lakhs

Variable (0%)

₹0.0

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41% 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 - 12 years exp. (245 salaries)	Unlock ₹2.5 L/yr - ₹7 L/yr
Customer Success, Service & Operations Deputy Manager Salary 0 - 12 years exp. (139 salaries)	Unlock ₹2.3 L/yr - ₹6.8 L/yr
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Sales & Business Development Deputy Manager Salary 0 - 12 years exp. (85 salaries)	Unlock ₹3 L/yr - ₹7.6 L/yr
Finance & Accounting Deputy Manager Salary 0 - 10 years exp. (72 salaries)	Unlock ₹2.4 L/yr - ₹7 L/yr
Marketing & Communication Deputy Manager Salary 1 - 9 years exp. (15 salaries)	Unlock ₹3.1 L/yr - ₹6.2 L/yr

Last Updated: 4 Mar 2025

Companies similar to Kotak Mahindra Bank for Deputy Manager in Chennai

Kotak Mahindra Bank Deputy Manager Salary

0 - 12 years exp. (662 salaries)

Unlock

₹1.8 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Deputy Manager Salary 0 - 15 years exp. (1k salaries)	Unlock ₹3 L/yr - ₹10.4 L/yr 28% more
HDFC Bank Deputy Manager Salary 0 - 13 years exp. (2k salaries)	Unlock ₹2.5 L/yr - ₹10.5 L/yr 13% more
Login to view exact salary
Axis Bank Deputy Manager Salary 0 - 14 years exp. (838 salaries)	Unlock ₹2.5 L/yr - ₹10.5 L/yr 25% more
State Bank of India Deputy Manager Salary 4 - 13 years exp. (49 salaries)	Unlock ₹8 L/yr - ₹25 L/yr 248% more	1 job opening
IndusInd Bank Deputy Manager Salary 0 - 13 years exp. (508 salaries)	Unlock ₹2 L/yr - ₹8 L/yr 3% less	1 job opening
Yes Bank Deputy Manager Salary 0 - 13 years exp. (347 salaries)	Unlock ₹3 L/yr - ₹8.8 L/yr 15% more
IDFC FIRST Bank Deputy Manager Salary 0 - 10 years exp. (126 salaries)	Unlock ₹3 L/yr - ₹7.5 L/yr 4% more	2 job openings
RBL Bank Deputy Manager Salary 0 - 11 years exp. (123 salaries)	Unlock ₹3 L/yr - ₹8 L/yr 6% more
City Union Bank Deputy Manager Salary 5 - 16 years exp. (72 salaries)	Unlock ₹7 L/yr - ₹15 L/yr 123% more
Bandhan Bank Deputy Manager Salary 0 - 10 years exp. (61 salaries)	Unlock ₹3.5 L/yr - ₹7 L/yr 6% more
Ujjivan Small Finance Bank Deputy Manager Salary 0 - 7 years exp. (9 salaries)	Unlock ₹2.8 L/yr - ₹5.8 L/yr 14% less
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Utkarsh Small Finance Bank Deputy Manager Salary 5 - 12 years exp. (6 salaries)	Unlock ₹6 L/yr - ₹8.5 L/yr 36% more	1 job opening
Jana Small Finance Bank Deputy Manager Salary 2 - 10 years exp. (3 salaries)	Unlock ₹4.1 L/yr - ₹5.2 L/yr At par

Deputy Manager salary at Kotak Mahindra Bank ranges between ₹1.8 Lakh to ₹8 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 662 latest salaries received from various employees of Kotak Mahindra Bank.

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

4d ago

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6 years exp.

6d ago

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7 years exp.

1w ago

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3 years exp.

1w ago

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3 years exp.

1w ago

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3 years exp.

1w ago

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9 years exp.

2w ago

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12 years exp.

2w ago

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2 months exp.

2w ago

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11 years exp.

3w ago

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6 months exp.

Experience wise Kotak Mahindra Bank Deputy Manager salaries in Chennai

Last Updated: 4 Mar 2025

Experience	Avg Annual Salary
Fresher (26 salaries)	Unlock ₹2 L/yr - ₹6 L/yr
1 year (16 salaries)	Unlock ₹3.5 L/yr - ₹6 L/yr
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2 years (38 salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr
3 years (85 salaries)	Unlock ₹2.3 L/yr - ₹7 L/yr
4 years (109 salaries)	Unlock ₹2.4 L/yr - ₹6.8 L/yr
5 years (109 salaries)	Unlock ₹2.8 L/yr - ₹7.6 L/yr
6 years (104 salaries)	Unlock ₹2.5 L/yr - ₹7 L/yr
7 years (67 salaries)	Unlock ₹2.4 L/yr - ₹8 L/yr
8 years (47 salaries)	Unlock ₹3.5 L/yr - ₹7 L/yr
9 years (32 salaries)	Unlock ₹3 L/yr - ₹6.9 L/yr
10 years (16 salaries)	Unlock ₹3.5 L/yr - ₹6.5 L/yr
11 years (8 salaries)	Unlock ₹4.3 L/yr - ₹5.5 L/yr
12 years (5 salaries)	Unlock ₹4.3 L/yr - ₹5.8 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Branch Manager Salary

(36 salaries)

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₹9 L/yr - ₹20 L/yr

Team Manager Salary

(9 salaries)

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₹1.3 L/yr - ₹8.47 L/yr

Service Manager Salary

(7 salaries)

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₹3.28 L/yr - ₹11.8 L/yr

Deputy Branch Manager Salary

(5 salaries)

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₹4.5 L/yr - ₹12 L/yr

Area Manager Salary

(5 salaries)

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₹11 L/yr - ₹19 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

3.4

Rated by 65 employees for salary & benefits

Deputy Manager in Chennai

Customer Success, Service & Operations Department

5.0

• posted on 08 Apr 2021

5.0

for Salary and Benefits

Likes

...ment is working very fast and efficient in both onbording as well as releiving. Employee compensation as well as work life balance is really fantastic. The way the organization helps in pandemic situation is really appreciatable. I am very much satisfied with the brand kotak.

Salary - Excellent

+6 more

Dislikes

There is no dislike about this organization.

Deputy Manager in Chennai

Branch Banking Retail Department

5.0

• posted on 21 Jul 2019

5.0

for Salary and Benefits

Likes

Wonderful organization in my banking career. Everything was superrrr training, knowledge, work environment, salary... But promotion, appraisal, very important these are all only dreams. politics 100% because they don't Mind about MIS performance i have to put jaldra { CHING ChANG } to all my boss , particularly that time BM Ravi anand & Area Manager Srinivasan they used unparliamentary words inside the branch to scold all my colleague even we performed well in our own MIS ....

Salary - Excellent

+5 more

Dislikes

No promotion, no appraisal, no internal job change lots of politics .. less salary high income to banks.

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

Deputy Manager in Kolkata

Full Time

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.

Job security - Good

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.

Salary - Poor

+4 more

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Kotak Mahindra Bank Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Kotak Mahindra Bank Chennai?

Deputy Manager salary at Kotak Mahindra Bank in Chennai ranges between ₹1.8 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 41% less than the average Deputy Manager Salary in India. Salary estimates are based on 662 latest salaries received from various employees of Kotak Mahindra Bank Chennai.

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

The average salary of a Deputy Manager at Kotak Mahindra Bank is 41% less than the average salary of a Deputy Manager in Chennai. 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 Chennai.

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

State Bank of India Deputy Manager Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
City Union Bank Deputy Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Utkarsh Small Finance Bank Deputy Manager Salary - ₹6.0 Lakhs to ₹8.5 Lakhs per year
ICICI Bank Deputy Manager Salary - ₹3.0 Lakhs to ₹10.4 Lakhs per year
Axis Bank Deputy Manager Salary - ₹2.5 Lakhs to ₹10.5 Lakhs per year

What is the salary of a Deputy Manager in companies similar to Kotak Mahindra Bank in Chennai?

Yes Bank Deputy Manager Salary - ₹3.0 Lakhs to ₹8.8 Lakhs per year
HDFC Bank Deputy Manager Salary - ₹2.5 Lakhs to ₹10.5 Lakhs per year
RBL Bank Deputy Manager Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year
Bandhan Bank Deputy Manager Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
IDFC FIRST Bank Deputy Manager Salary - ₹3.0 Lakhs to ₹7.5 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at Kotak Mahindra Bank ranges between ₹37,668 per month to ₹38,868 per month in Chennai. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Manager salary in India which ranges between ₹1.8 Lakhs to ₹8.0 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 Chennai?

According to AmbitionBox, 61% of the Kotak Mahindra Bank Deputy Managers in Chennai 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 253 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Deputy Manager Salaries in Chennai

Kotak Mahindra Bank Deputy Manager salary in Chennai ranges between ₹1.8 Lakh to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 662 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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

Companies similar to Kotak Mahindra Bank for Deputy Manager in Chennai

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

Experience wise Kotak Mahindra Bank Deputy Manager salaries in Chennai

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Deputy Manager

Salary related reviews for Kotak Mahindra Bank

Deputy Manager in Chennai

Deputy Manager in Chennai

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Kotak Mahindra Bank Deputy Manager Salary FAQs

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