Kotak Mahindra Bank Hyderabad / Secunderabad Deputy Manager Salaries by 700+ Employees (Updated 2025)

0 - 11 years exp.

₹2.1 Lakhs - ₹8 Lakhs

Salary of majority employees

Fixed (100%)

₹5.1 Lakhs

Variable (0%)

₹0.0

39% less than the average Deputy Manager Salary in Banking Companies for 0 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 0 - 11 years exp. (258 salaries)	₹2.1 L/yr - ₹7.5 L/yr
Customer Success, Service & Operations Deputy Manager Salary 0 - 10 years exp. (140 salaries)	₹2.5 L/yr - ₹8 L/yr
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Sales & Business Development Deputy Manager Salary 0 - 10 years exp. (138 salaries)	₹2.5 L/yr - ₹7.5 L/yr
Finance & Accounting Deputy Manager Salary 0 - 11 years exp. (83 salaries)	₹2.5 L/yr - ₹6.7 L/yr
Marketing & Communication Deputy Manager Salary 0 - 8 years exp. (39 salaries)	₹2.2 L/yr - ₹6.3 L/yr

Last Updated: 28 Feb 2025

Companies similar to Kotak Mahindra Bank for Deputy Manager in Hyderabad / Secunderabad

Kotak Mahindra Bank Deputy Manager Salary

0 - 11 years exp. (779 salaries)

₹2.1 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Deputy Manager Salary 0 - 15 years exp. (3k salaries)	₹2.8 L/yr - ₹10.1 L/yr 26% more
HDFC Bank Deputy Manager Salary 0 - 14 years exp. (1.3k salaries)	₹2.3 L/yr - ₹10 L/yr 14% more
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Axis Bank Deputy Manager Salary 0 - 14 years exp. (1.1k salaries)	₹2.4 L/yr - ₹9.5 L/yr 20% more
State Bank of India Deputy Manager Salary 4 - 15 years exp. (71 salaries)	₹7.2 L/yr - ₹24 L/yr 234% more	1 job opening
IndusInd Bank Deputy Manager Salary 0 - 13 years exp. (269 salaries)	₹2.5 L/yr - ₹8.5 L/yr 3% less	1 job opening
IDFC FIRST Bank Deputy Manager Salary 0 - 11 years exp. (213 salaries)	₹3 L/yr - ₹9.5 L/yr 12% more	3 job openings
Yes Bank Deputy Manager Salary 0 - 11 years exp. (166 salaries)	₹3.3 L/yr - ₹7.8 L/yr 13% more
RBL Bank Deputy Manager Salary 0 - 12 years exp. (94 salaries)	₹3.4 L/yr - ₹7.3 L/yr 9% more
Bandhan Bank Deputy Manager Salary 0 - 10 years exp. (85 salaries)	₹3.5 L/yr - ₹7 L/yr 6% more
Baroda Global Shared Services Deputy Manager Salary 8 - 11 years exp. (12 salaries)	₹4.4 L/yr - ₹7.5 L/yr 17% more
Shinhan Bank Deputy Manager Salary 4 - 8 years exp. (9 salaries)	₹6 L/yr - ₹12 L/yr 86% more
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Ujjivan Small Finance Bank Deputy Manager Salary 2 - 10 years exp. (7 salaries)	₹3.5 L/yr - ₹5.5 L/yr 15% less
Utkarsh Small Finance Bank Deputy Manager Salary 8 - 12 years exp. (7 salaries)	₹5.1 L/yr - ₹6.8 L/yr 30% more	1 job opening
Union Bank of India Deputy Manager Salary 3 - 14 years exp. (5 salaries)	₹9 L/yr - ₹12.5 L/yr 123% more
Karur Vysya Bank Deputy Manager Salary 4 - 10 years exp. (5 salaries)	₹4.2 L/yr - ₹12.5 L/yr 68% more
City Union Bank Deputy Manager Salary 7 - 9 years exp. (5 salaries)	₹9 L/yr - ₹11.5 L/yr 110% more
Bank of Baroda Deputy Manager Salary 3 - 10 years exp. (3 salaries)	₹4 L/yr - ₹6.8 L/yr 11% more

Deputy Manager salary at Kotak Mahindra Bank ranges between ₹2.1 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 779 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Deputy Manager salaries in Hyderabad / Secunderabad

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
Fresher (37 salaries)	₹3 L/yr - ₹6.2 L/yr
1 year (26 salaries)	₹2.4 L/yr - ₹6.4 L/yr
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2 years (91 salaries)	₹2.2 L/yr - ₹6.7 L/yr
3 years (130 salaries)	₹2.1 L/yr - ₹7.5 L/yr
4 years (153 salaries)	₹2.5 L/yr - ₹8 L/yr
5 years (142 salaries)	₹2.5 L/yr - ₹7.5 L/yr
6 years (90 salaries)	₹3 L/yr - ₹6.5 L/yr
7 years (45 salaries)	₹3.1 L/yr - ₹7.8 L/yr
8 years (29 salaries)	₹3.3 L/yr - ₹6.7 L/yr
9 years (17 salaries)	₹3.4 L/yr - ₹6.7 L/yr
10 years (16 salaries)	₹4 L/yr - ₹6.5 L/yr
11 years (3 salaries)	₹4.6 L/yr - ₹5.5 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Branch Manager Salary

(84 salaries)

₹8.78 L/yr - ₹25 L/yr

Service Manager Salary

(15 salaries)

₹4.18 L/yr - ₹13.5 L/yr

Deputy Branch Manager Salary

(8 salaries)

₹4.2 L/yr - ₹15 L/yr

Cluster Manager Salary

(6 salaries)

₹4.63 L/yr - ₹14 L/yr

Area Manager Salary

(4 salaries)

₹12 L/yr - ₹27 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 100 employees for salary & benefits

Deputy Manager in Hyderabad / Secunderabad

Retail Liabilities Department

1.0

• posted on 20 Apr 2022

1.0

for Salary and Benefits

Likes

Nothing good in this bank such a worst organisation. I don't even suggest my enemy to join the bank

Dislikes

...aring others work. They won't do from morning and he forces me to do their work. Why dude ? Am I getting their salary ? I have never seen such a Rude,Arrogant worst behavior fellow in my life . Never join in RPC Hyderabad. If you join just imagine you've lost all you happiness and personal life

Salary - Bad

+6 more

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

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Skill development - Poor

+1 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Kotak Mahindra Bank Hyderabad / Secunderabad?

Deputy Manager salary at Kotak Mahindra Bank in Hyderabad / Secunderabad ranges between ₹2.1 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 39% less than the average Deputy Manager Salary in India. Salary estimates are based on 779 latest salaries received from various employees of Kotak Mahindra Bank Hyderabad / Secunderabad.

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

The average salary of a Deputy Manager at Kotak Mahindra Bank is 39% less than the average salary of a Deputy Manager in Hyderabad / Secunderabad. 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 Hyderabad / Secunderabad.

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

State Bank of India Deputy Manager Salary - ₹7.2 Lakhs to ₹24.0 Lakhs per year
Union Bank of India Deputy Manager Salary - ₹9.0 Lakhs to ₹12.5 Lakhs per year
City Union Bank Deputy Manager Salary - ₹9.0 Lakhs to ₹11.5 Lakhs per year
Shinhan Bank Deputy Manager Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year
Karur Vysya Bank Deputy Manager Salary - ₹4.2 Lakhs to ₹12.5 Lakhs per year

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

Utkarsh Small Finance Bank Deputy Manager Salary - ₹5.1 Lakhs to ₹6.8 Lakhs per year
ICICI Bank Deputy Manager Salary - ₹2.8 Lakhs to ₹10.1 Lakhs per year
Axis Bank Deputy Manager Salary - ₹2.4 Lakhs to ₹9.5 Lakhs per year
Baroda Global Shared Services Deputy Manager Salary - ₹4.4 Lakhs to ₹7.5 Lakhs per year
HDFC Bank Deputy Manager Salary - ₹2.3 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at Kotak Mahindra Bank ranges between ₹38,181 per month to ₹39,373 per month in Hyderabad / Secunderabad. 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 ₹8.0 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at Kotak Mahindra Bank in Hyderabad / Secunderabad?

According to AmbitionBox, 57% of the Kotak Mahindra Bank Deputy Managers in Hyderabad / Secunderabad reported a notice period of 3 Months, 27% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 372 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Deputy Manager Salaries in Hyderabad / Secunderabad

Kotak Mahindra Bank Deputy Manager salary in Hyderabad / Secunderabad ranges between ₹2.1 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 779 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Deputy Manager salaries in Hyderabad / Secunderabad (Updated 2025)

Companies similar to Kotak Mahindra Bank for Deputy Manager in Hyderabad / Secunderabad

Latest annual salaries shared by Kotak Mahindra Bank Deputy Manager in Hyderabad / Secunderabad

Experience wise Kotak Mahindra Bank Deputy Manager salaries in Hyderabad / Secunderabad

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Deputy Manager

Salary related reviews for Kotak Mahindra Bank

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Kotak Mahindra Bank Deputy Manager Salary FAQs

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