Kotak Mahindra Bank New Delhi Deputy Manager Salaries by 1500+ Employees (Updated 2025)

0 - 13 years exp.

₹2 Lakhs - ₹8.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

43% 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. (580 salaries)	₹2.4 L/yr - ₹8.5 L/yr
Customer Success, Service & Operations Deputy Manager Salary 0 - 12 years exp. (401 salaries)	₹2 L/yr - ₹7.7 L/yr
Login to view exact salary
Sales & Business Development Deputy Manager Salary 0 - 11 years exp. (192 salaries)	₹2.7 L/yr - ₹7.9 L/yr
Finance & Accounting Deputy Manager Salary 0 - 13 years exp. (128 salaries)	₹2.5 L/yr - ₹7.5 L/yr
Marketing & Communication Deputy Manager Salary 0 - 10 years exp. (59 salaries)	₹2.6 L/yr - ₹6.9 L/yr

Last Updated: 7 Apr 2025

Companies similar to Kotak Mahindra Bank for Deputy Manager in New Delhi

Kotak Mahindra Bank Deputy Manager Salary

0 - 13 years exp. (1.6k salaries)

₹2 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Manager Salary 0 - 14 years exp. (2.1k salaries)	₹2.3 L/yr - ₹10 L/yr 16% more
ICICI Bank Deputy Manager Salary 0 - 15 years exp. (1.9k salaries)	₹2.8 L/yr - ₹11 L/yr 27% more
Login to view exact salary
Axis Bank Deputy Manager Salary 0 - 14 years exp. (1.3k salaries)	₹2.2 L/yr - ₹11 L/yr 23% more
Yes Bank Deputy Manager Salary 0 - 13 years exp. (611 salaries)	₹2.3 L/yr - ₹9 L/yr 11% more
IndusInd Bank Deputy Manager Salary 0 - 12 years exp. (535 salaries)	₹2 L/yr - ₹7.5 L/yr 3% less
RBL Bank Deputy Manager Salary 0 - 14 years exp. (273 salaries)	₹3 L/yr - ₹7.7 L/yr 5% more
IDFC FIRST Bank Deputy Manager Salary 0 - 12 years exp. (270 salaries)	₹3 L/yr - ₹8.2 L/yr 8% more	7 job openings
Bandhan Bank Deputy Manager Salary 0 - 11 years exp. (152 salaries)	₹3.1 L/yr - ₹7.5 L/yr 4% more
City Union Bank Deputy Manager Salary 0 - 12 years exp. (26 salaries)	₹7 L/yr - ₹13.5 L/yr 106% more
Paytm Payments Bank Deputy Manager Salary 5 - 11 years exp. (19 salaries)	₹7.8 L/yr - ₹21 L/yr 190% more
Utkarsh Small Finance Bank Deputy Manager Salary 2 - 12 years exp. (18 salaries)	₹4.5 L/yr - ₹8.5 L/yr 24% more	1 job opening
Login to view exact salary
Ujjivan Small Finance Bank Deputy Manager Salary 1 - 9 years exp. (13 salaries)	₹3.5 L/yr - ₹5 L/yr 13% less
Shinhan Bank Deputy Manager Salary 7 - 11 years exp. (12 salaries)	₹5.7 L/yr - ₹12.4 L/yr 71% more
The Saraswat Co-operative Bank Deputy Manager Salary 3 - 9 years exp. (11 salaries)	₹4.4 L/yr - ₹9 L/yr 32% more

Deputy Manager salary at Kotak Mahindra Bank ranges between ₹2 Lakhs to ₹8.5 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 1.6k latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Deputy Manager in New Delhi

3d ago

₹4.5 Lakhs

7 years exp.

4d ago

₹4 Lakhs

1 year exp.

4d ago

₹6.6 Lakhs

7 years exp.

4d ago

₹5.5 Lakhs

7 years exp.

4d ago

₹5 Lakhs

5 years exp.

5d ago

7 years exp.

1w ago

6 years exp.

1w ago

9 months exp.

1w ago

5 years exp.

1w ago

5 years exp.

Experience wise Kotak Mahindra Bank Deputy Manager salaries in New Delhi

Last Updated: 7 Apr 2025

Experience	Avg Annual Salary
Fresher (42 salaries)	₹2 L/yr - ₹7 L/yr
1 year (85 salaries)	₹2.1 L/yr - ₹7 L/yr
Login to view exact salary
2 years (148 salaries)	₹2.4 L/yr - ₹7 L/yr
3 years (285 salaries)	₹2 L/yr - ₹7.7 L/yr
4 years (299 salaries)	₹2.5 L/yr - ₹8 L/yr
5 years (265 salaries)	₹2.5 L/yr - ₹7.9 L/yr
6 years (186 salaries)	₹2.6 L/yr - ₹8 L/yr
7 years (102 salaries)	₹3 L/yr - ₹8.5 L/yr
8 years (89 salaries)	₹3 L/yr - ₹7.1 L/yr
9 years (35 salaries)	₹3.5 L/yr - ₹7.7 L/yr
10 years (32 salaries)	₹4 L/yr - ₹6.8 L/yr
11 years (11 salaries)	₹4.3 L/yr - ₹7 L/yr
12 years (5 salaries)	₹5 L/yr - ₹7 L/yr
13 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Branch Manager Salary

(128 salaries)

₹8 L/yr - ₹28.5 L/yr

Service Manager Salary

(31 salaries)

₹2.71 L/yr - ₹15 L/yr

Deputy Branch Manager Salary

(27 salaries)

₹4.98 L/yr - ₹14 L/yr

Area Manager Salary

(16 salaries)

₹10 L/yr - ₹24.6 L/yr

Team Manager Salary

(13 salaries)

₹2.35 L/yr - ₹10.47 L/yr

Cluster Manager Salary

(5 salaries)

₹9 L/yr - ₹14.5 L/yr

Program Manager Salary

(3 salaries)

₹8.2 L/yr - ₹12 L/yr

Department Manager Salary

(3 salaries)

₹3.5 L/yr - ₹4.05 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 190 employees for salary & benefits

Deputy Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 29 Jun 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture.company policies are good.appraisals are fare and tey give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Kotak Mahindra Bank in New Delhi?

The average salary of a Deputy Manager at Kotak Mahindra Bank in New Delhi typically ranges from ₹2.0 Lakhs to ₹8.5 Lakhs per year, depending on experience (from Fresher to 13 years).

The top 10% of Deputy Manager in New Delhi at Kotak Mahindra Bank earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹7.1 Lakhs per year. Deputy Manager Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 1500+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Deputy Manager at Kotak Mahindra Bank in New Delhi typically ranges from ₹38,476 to ₹39,664 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from Fresher to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 1500+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Deputy Manager at Kotak Mahindra Bank in New Delhi?

To be a Deputy Manager at Kotak Mahindra Bank in New Delhi, the key skills required include:

- Field Sales
- Casa
- Insurance
- Customer Acquisition
- Direct Sales

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindra Bank for Deputy Manager in India?

Paytm Payments Bank	₹7.8 Lakhs to ₹21.0 Lakhs per year
City Union Bank	₹7.0 Lakhs to ₹13.5 Lakhs per year
Shinhan Bank	₹5.7 Lakhs to ₹12.4 Lakhs per year
The Saraswat Co-operative Bank	₹4.4 Lakhs to ₹9.0 Lakhs per year
ICICI Bank	₹2.8 Lakhs to ₹11.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.

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

The salary of a Deputy Manager at companies similar to Kotak Mahindra Bank in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Utkarsh Small Finance Bank	₹4.5 Lakhs to ₹8.5 Lakhs per year
Axis Bank	₹2.2 Lakhs to ₹11.0 Lakhs per year
HDFC Bank	₹2.3 Lakhs to ₹10.0 Lakhs per year
Yes Bank	₹2.3 Lakhs to ₹9.0 Lakhs per year
IDFC FIRST Bank	₹3.0 Lakhs to ₹8.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Deputy Manager at Kotak Mahindra Bank in New Delhi?

The salary growth for a Deputy Manager at Kotak Mahindra Bank in New Delhi depends on factors such as experience, performance, and promotions. On average, a Deputy Manager in New Delhi can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹7.0 Lakhs per year
1 year	₹2.1 Lakhs to ₹7.0 Lakhs per year
2 years	₹2.4 Lakhs to ₹7.0 Lakhs per year
3 years	₹2.0 Lakhs to ₹7.7 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Deputy Manager Salaries >
Kotak Mahindra Bank Deputy Manager Salaries in New Delhi

Kotak Mahindra Bank Deputy Manager salary in New Delhi ranges between ₹2 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 1.6k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Deputy Manager salaries in New Delhi (Updated 2025)

Companies similar to Kotak Mahindra Bank for Deputy Manager in New Delhi

Latest annual salaries shared by Kotak Mahindra Bank Deputy Manager in New Delhi

Experience wise Kotak Mahindra Bank Deputy Manager salaries in New Delhi

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 New Delhi

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Kotak Mahindra Bank Deputy Manager Salary FAQs

Tell us how to improve this page.