Upload Button Icon Add office photos
filter salariesFilter salaries by
Experience
Mumbai
Department

Clear (1)

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

Annual salary range
0 - 13 years exp.
₹1.7 Lakh - ₹8.2 Lakhs
Salary of majority employees
unlock blur
Fixed (100%)
₹5 Lakhs
Variable (0%)
₹0.0
unlock blur Lock Unlock

42% less than the average Deputy Manager Salary in Banking Companies for 0 - 13 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Salary
0 - 13 years exp. (1.2k salaries)
unlock-blur Lock Unlock

₹2 L/yr - ₹8 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
0 - 12 years exp. (768 salaries)
unlock-blur Lock Unlock

₹1.7 L/yr - ₹7.5 L/yr

Finance & Accounting
Deputy Manager Salary
0 - 12 years exp. (413 salaries)
unlock-blur Lock Unlock

₹2.3 L/yr - ₹8.2 L/yr

Sales & Business Development
Deputy Manager Salary
0 - 11 years exp. (289 salaries)
unlock-blur Lock Unlock

₹2.1 L/yr - ₹7.5 L/yr

Marketing & Communication
Deputy Manager Salary
0 - 9 years exp. (79 salaries)
unlock-blur Lock Unlock

₹2.8 L/yr - ₹7.7 L/yr

Last Updated: 5 Mar 2025

Companies similar to Kotak Mahindra Bank for Deputy Manager in Mumbai

Logo
Kotak Mahindra Bank Deputy Manager Salary

0 - 13 years exp. (3.4k salaries)

unlock blur Lock Unlock

₹1.7 L/yr - ₹8.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
ICICI Bank Deputy Manager Salary

0 - 15 years exp. (3.6k salaries)

unlock blur Lock Unlock

₹2 L/yr - ₹10.6 L/yr

arrow icon 31% more
Logo
HDFC Bank Deputy Manager Salary

0 - 13 years exp. (3.6k salaries)

unlock blur Lock Unlock

₹2 L/yr - ₹10.2 L/yr

arrow icon 20% more
Logo
Axis Bank Deputy Manager Salary

0 - 14 years exp. (2.2k salaries)

unlock blur Lock Unlock

₹2 L/yr - ₹9.3 L/yr

arrow icon 27% more
Logo
State Bank of India Deputy Manager Salary

4 - 15 years exp. (84 salaries)

unlock blur Lock Unlock

₹7.1 L/yr - ₹28 L/yr

arrow icon 246% more
1 job opening
Logo
IndusInd Bank Deputy Manager Salary

0 - 13 years exp. (764 salaries)

unlock blur Lock Unlock

₹1.7 L/yr - ₹8.1 L/yr

arrow icon 1% more
1 job opening
Logo
Yes Bank Deputy Manager Salary

0 - 13 years exp. (780 salaries)

unlock blur Lock Unlock

₹2.9 L/yr - ₹9 L/yr

arrow icon 20% more
Logo
IDFC FIRST Bank Deputy Manager Salary

0 - 11 years exp. (596 salaries)

unlock blur Lock Unlock

₹3 L/yr - ₹9.5 L/yr

arrow icon 14% more
2 job openings
Logo
RBL Bank Deputy Manager Salary

0 - 13 years exp. (476 salaries)

unlock blur Lock Unlock

₹2.6 L/yr - ₹8 L/yr

arrow icon 10% more
unlock blur Lock Unlock

₹3.8 L/yr - ₹11 L/yr

arrow icon 35% more
Logo
Bandhan Bank Deputy Manager Salary

0 - 12 years exp. (68 salaries)

unlock blur Lock Unlock

₹3.5 L/yr - ₹7.2 L/yr

arrow icon 7% more
Logo
unlock blur Lock Unlock

₹4.3 L/yr - ₹9.5 L/yr

arrow icon 39% more
1 job opening
unlock blur Lock Unlock

₹3.5 L/yr - ₹5.7 L/yr

arrow icon 13% less
Logo
Shinhan Bank Deputy Manager Salary

4 - 11 years exp. (8 salaries)

unlock blur Lock Unlock

₹4.8 L/yr - ₹15 L/yr

arrow icon 104% more
Logo
City Union Bank Deputy Manager Salary

5 - 11 years exp. (5 salaries)

unlock blur Lock Unlock

₹8.5 L/yr - ₹13 L/yr

arrow icon 123% more

Women @ Work is now live!

Explore industry insights, find exclusive jobs & unlock exciting rewards

Deputy Manager salary at Kotak Mahindra Bank ranges between ₹1.7 Lakh to ₹8.2 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 3.4k latest salaries received from various employees of Kotak Mahindra Bank.

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

4d ago
avg blur mobile Lock Unlock
3 years exp.
4d ago
avg blur mobile Lock Unlock
3 years exp.
5d ago
avg blur mobile Lock Unlock
8 years exp.
6d ago
avg blur mobile Lock Unlock
5 years exp.
6d ago
avg blur mobile Lock Unlock
6 years exp.
6d ago
avg blur mobile Lock Unlock
6 years exp.
1w ago
avg blur mobile Lock Unlock
2 years exp.
1w ago
avg blur mobile Lock Unlock
5 years exp.
1w ago
avg blur mobile Lock Unlock
6 years exp.
1w ago
avg blur mobile Lock Unlock
5 years exp.

Experience wise Kotak Mahindra Bank Deputy Manager salaries in Mumbai

Last Updated: 5 Mar 2025

Experience Avg Annual Salary
Fresher  (142 salaries)

unlock blur Lock Unlock

₹2 L/yr - ₹7 L/yr
1 year  (155 salaries)

unlock blur Lock Unlock

₹1.7 L/yr - ₹7.1 L/yr
2 years  (313 salaries)

unlock blur Lock Unlock

₹1.7 L/yr - ₹7 L/yr
3 years  (482 salaries)

unlock blur Lock Unlock

₹2 L/yr - ₹7.5 L/yr
4 years  (575 salaries)

unlock blur Lock Unlock

₹2 L/yr - ₹8 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Branch Manager Salary
(134 salaries)
unlock blur Lock Unlock
₹7.5 L/yr - ₹25.56 L/yr
Service Manager Salary
(54 salaries)
unlock blur Lock Unlock
₹3.49 L/yr - ₹14 L/yr
unlock blur Lock Unlock
₹4.98 L/yr - ₹16 L/yr
Team Manager Salary
(27 salaries)
unlock blur Lock Unlock
₹2 L/yr - ₹11.51 L/yr
Area Manager Salary
(9 salaries)
unlock blur Lock Unlock
₹9 L/yr - ₹21.62 L/yr
unlock blur Lock Unlock
₹9 L/yr - ₹22.5 L/yr
unlock blur Lock Unlock
₹7 L/yr - ₹23.5 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
Contribute & help others!
anonymous
You can choose to be anonymous

Salary related reviews for Kotak Mahindra Bank

3.2

Rated by 295 employees for salary & benefits

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

 · 

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

Full Time

 · 

Risk Management & Compliance Department

4.0
  •  posted on 04 Jun 2023

3.0
 for  Salary and Benefits

Likes

The company provides you a work life balance in which you are able to take many leaves whenever required and also having offs on weekends, Public holidays so no need to work on holidays.

read more
  • Job security - Excellent
  • +4 more

Dislikes

1. Appraisal policy in Kotak is very weak. After receiving out of rating i.e., 5, you may receive less increment and bonus. 2. Also no outing / parties arrangement from company. 3.No Free transportation facility from company that you will get charged. 4.No hybrid work.

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 08 Oct 2022

2.0
 for  Salary and Benefits

Likes

No one was laid off during covid so if you want a secure job this is it. No strong hierarchial barrier. Lower level can easily communicate with high ups if required and vice versa this creates plenty of opportunities. Supportive managers.

read more
  • Job security - Excellent
  • +1 more

Dislikes

Salary and increment - mid-low range as per industry standards. Work life balance - depends on the product assigned. Work time range between 10-15 hours. HR doesn't do much. Growth & incentives - promotions are not considered until 2 appraisals are done. Do not keep expectations of any type of incentive for OT, cab etc as there are none. Management has been working in the bank for quite some time and can force you to get work done if required. Expect to be forced to work on non working days once in a while.

read more
  • Salary - Poor
  • +1 more

CRM Department

1.0
  •  posted on 16 Aug 2019

3.0
 for  Salary and Benefits

Likes

Good team mates, salary on time that's it nothing else

Dislikes

Too much favoritism- politics, no work life balance, long working hours, too much sales pressure, no job security, employee's are asked to straight away put their papers

read more
  • Skill development - Bad
  • +5 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Kotak Mahindra Bank Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Kotak Mahindra Bank Mumbai?
Deputy Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹1.7 Lakhs to ₹8.2 Lakhs for less than 1 year of experience to 13 years. According to our estimates it is 42% less than the average Deputy Manager Salary in India. Salary estimates are based on 3.4k latest salaries received from various employees of Kotak Mahindra Bank Mumbai.
How does the salary of a Deputy Manager at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?
The average salary of a Deputy Manager at Kotak Mahindra Bank is 42% less than the average salary of a Deputy Manager in Mumbai. 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 Mumbai.
Which similar companies are paying more than Kotak Mahindra Bank to a Deputy Manager in Mumbai?
  • State Bank of India Deputy Manager Salary - ₹7.1 Lakhs to ₹28.0 Lakhs per year
  • City Union Bank Deputy Manager Salary - ₹8.5 Lakhs to ₹13.0 Lakhs per year
  • Shinhan Bank Deputy Manager Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year
  • Utkarsh Small Finance Bank Deputy Manager Salary - ₹4.3 Lakhs to ₹9.5 Lakhs per year
  • The Saraswat Co-operative Bank Deputy Manager Salary - ₹3.8 Lakhs to ₹11.0 Lakhs per year
What is the salary of a Deputy Manager in companies similar to Kotak Mahindra Bank in Mumbai?
  • ICICI Bank Deputy Manager Salary - ₹2.0 Lakhs to ₹10.6 Lakhs per year
  • Axis Bank Deputy Manager Salary - ₹2.0 Lakhs to ₹9.3 Lakhs per year
  • HDFC Bank Deputy Manager Salary - ₹2.0 Lakhs to ₹10.2 Lakhs per year
  • Yes Bank Deputy Manager Salary - ₹2.9 Lakhs to ₹9.0 Lakhs per year
  • IDFC FIRST Bank Deputy Manager Salary - ₹3.0 Lakhs to ₹9.5 Lakhs per year
What is the estimated take home salary of a Deputy Manager at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Deputy Manager at Kotak Mahindra Bank ranges between ₹37,307 per month to ₹38,512 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Manager salary in India which ranges between ₹1.7 Lakhs to ₹8.2 Lakhs per year for employees with less than 1 year of experience to 13 years. Check how did we calculate take home salary?
What is the notice period for Deputy Manager at Kotak Mahindra Bank in Mumbai?
According to AmbitionBox, 67% of the Kotak Mahindra Bank Deputy Managers in Mumbai reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 1.7k responses on AmbitionBox in last 2 years.

Recently Viewed

DESIGNATION

SALARIES

Reliance Retail

REVIEWS

Shapoorji Pallonji Group

No Reviews

DESIGNATION

SALARIES

Kotak Securities

SALARIES

Happiest Minds Technologies

SALARIES

Egis India Consulting Engineers

SALARIES

LTIMindtree

INTERVIEWS

Zomato

No Interviews

SALARIES

Ashok Leyland

Tell us how to improve this page.

Kotak Mahindra Bank Deputy Manager salary in Mumbai ranges between ₹1.7 Lakh to ₹8.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3.4k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.