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

Annual salary range
0 - 11 years exp.
₹2.1 Lakhs - ₹7.8 Lakhs
Salary of majority employees
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Fixed (100%)
₹5.1 Lakhs
Variable (0%)
₹0.0
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40% 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)
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₹2.1 L/yr - ₹7.5 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
0 - 11 years exp. (141 salaries)
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₹2.5 L/yr - ₹7 L/yr

Sales & Business Development
Deputy Manager Salary
0 - 10 years exp. (138 salaries)
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₹2.8 L/yr - ₹7.5 L/yr

Finance & Accounting
Deputy Manager Salary
0 - 11 years exp. (83 salaries)
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₹2.5 L/yr - ₹7.5 L/yr

Marketing & Communication
Deputy Manager Salary
0 - 9 years exp. (40 salaries)
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₹2.2 L/yr - ₹7 L/yr

Last Updated: 4 Mar 2025

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

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Kotak Mahindra Bank Deputy Manager Salary

0 - 11 years exp. (782 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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ICICI Bank Deputy Manager Salary

0 - 15 years exp. (3k salaries)

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₹2.8 L/yr - ₹10.1 L/yr

arrow icon 27% more
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HDFC Bank Deputy Manager Salary

0 - 13 years exp. (1.3k salaries)

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₹2.3 L/yr - ₹10.3 L/yr

arrow icon 15% more
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Axis Bank Deputy Manager Salary

0 - 14 years exp. (1.1k salaries)

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₹2.2 L/yr - ₹9.5 L/yr

arrow icon 23% more
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State Bank of India Deputy Manager Salary

4 - 15 years exp. (71 salaries)

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₹7.2 L/yr - ₹24 L/yr

arrow icon 240% more
1 job opening
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IndusInd Bank Deputy Manager Salary

0 - 13 years exp. (267 salaries)

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₹2.5 L/yr - ₹8.5 L/yr

arrow icon 3% less
1 job opening
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IDFC FIRST Bank Deputy Manager Salary

0 - 11 years exp. (212 salaries)

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₹3 L/yr - ₹9.5 L/yr

arrow icon 12% more
2 job openings
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Yes Bank Deputy Manager Salary

0 - 11 years exp. (166 salaries)

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₹3.3 L/yr - ₹7.8 L/yr

arrow icon 13% more
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RBL Bank Deputy Manager Salary

0 - 12 years exp. (94 salaries)

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₹3.4 L/yr - ₹7.3 L/yr

arrow icon 8% more
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Bandhan Bank Deputy Manager Salary

0 - 10 years exp. (87 salaries)

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₹3.5 L/yr - ₹7.4 L/yr

arrow icon 5% more
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Shinhan Bank Deputy Manager Salary

4 - 8 years exp. (9 salaries)

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₹6 L/yr - ₹12 L/yr

arrow icon 87% more
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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 16% less
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₹5.1 L/yr - ₹6.9 L/yr

arrow icon 32% more
1 job opening
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Union Bank of India Deputy Manager Salary

3 - 13 years exp. (5 salaries)

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₹9 L/yr - ₹12.5 L/yr

arrow icon 124% more
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Karur Vysya Bank Deputy Manager Salary

4 - 10 years exp. (5 salaries)

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₹4.2 L/yr - ₹12.5 L/yr

arrow icon 69% more
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City Union Bank Deputy Manager Salary

7 - 9 years exp. (5 salaries)

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₹9 L/yr - ₹11.5 L/yr

arrow icon 118% more
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Bank of Baroda Deputy Manager Salary

3 - 10 years exp. (3 salaries)

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₹4 L/yr - ₹7 L/yr

arrow icon 15% more

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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 11 years. Salary estimates are based on 782 latest salaries received from various employees of Kotak Mahindra Bank.

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

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11 years exp.
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Experience wise Kotak Mahindra Bank Deputy Manager salaries in Hyderabad / Secunderabad

Last Updated: 4 Mar 2025

Experience Avg Annual Salary
Fresher  (38 salaries)

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₹3 L/yr - ₹6.2 L/yr
1 year  (26 salaries)

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₹2.4 L/yr - ₹6.4 L/yr
2 years  (92 salaries)

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₹2.2 L/yr - ₹6.7 L/yr
3 years  (129 salaries)

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₹2.1 L/yr - ₹7.5 L/yr
4 years  (151 salaries)

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₹2.5 L/yr - ₹6.8 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Branch Manager Salary
(84 salaries)
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₹8.78 L/yr - ₹25 L/yr
Service Manager Salary
(16 salaries)
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₹4.37 L/yr - ₹13.5 L/yr
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₹4.2 L/yr - ₹15 L/yr
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₹4.63 L/yr - ₹14 L/yr
Area Manager Salary
(4 salaries)
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₹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
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Salary related reviews for Kotak Mahindra Bank

3.5

Rated by 101 employees for salary & benefits

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

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more

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.

read more
  • 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.

read more
  • Work satisfaction - Bad
  • +2 more

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.

read more
  • Salary - Poor
  • +4 more

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.

read more
  • Skill development - Poor
  • +1 more
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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 ₹7.8 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 40% less than the average Deputy Manager Salary in India. Salary estimates are based on 782 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 40% 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 ₹6.9 Lakhs per year
  • ICICI Bank Deputy Manager Salary - ₹2.8 Lakhs to ₹10.1 Lakhs per year
  • Axis Bank Deputy Manager Salary - ₹2.2 Lakhs to ₹9.5 Lakhs per year
  • Bank of Baroda Deputy Manager Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
  • HDFC Bank Deputy Manager Salary - ₹2.3 Lakhs to ₹10.3 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 ₹38,031 per month to ₹39,225 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 ₹7.8 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, 58% of the Kotak Mahindra Bank Deputy Managers in Hyderabad / Secunderabad reported a notice period of 3 Months, 26% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 371 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Deputy Manager salary in Hyderabad / Secunderabad ranges between ₹2.1 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 782 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.