Kotak Mahindra Bank Pune Deputy Manager Salaries by 800+ Employees (Updated 2024)

0 - 11 years exp.

₹1.8 Lakh - ₹7.5 Lakhs

Salary of majority employees

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 - 10 years exp. (264 salaries)	₹1.8 L/yr - ₹7.5 L/yr
Sales & Business Development Deputy Manager Salary 0 - 10 years exp. (173 salaries)	₹2.6 L/yr - ₹7.5 L/yr
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Customer Success, Service & Operations Deputy Manager Salary 0 - 11 years exp. (166 salaries)	₹2.7 L/yr - ₹7.5 L/yr
Finance & Accounting Deputy Manager Salary 0 - 11 years exp. (75 salaries)	₹3 L/yr - ₹6.8 L/yr
Marketing & Communication Deputy Manager Salary 0 - 7 years exp. (34 salaries)	₹3.1 L/yr - ₹6.8 L/yr

Last Updated: 17 Dec 2024

Companies similar to Kotak Mahindra Bank for Deputy Manager in Pune

Kotak Mahindra Bank Deputy Manager Salary

0 - 11 years exp. (819 salaries)

₹1.8 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Deputy Manager Salary 0 - 13 years exp. (981 salaries)	₹3 L/yr - ₹10.7 L/yr 24% more
HDFC Bank Deputy Manager Salary 0 - 13 years exp. (1.1k salaries)	₹2 L/yr - ₹10 L/yr 17% more
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Axis Bank Deputy Manager Salary 0 - 14 years exp. (616 salaries)	₹2.4 L/yr - ₹10.3 L/yr 20% more
State Bank of India Deputy Manager Salary 4 - 15 years exp. (31 salaries)	₹8 L/yr - ₹20 L/yr 222% more
IndusInd Bank Deputy Manager Salary 0 - 11 years exp. (247 salaries)	₹2 L/yr - ₹7.5 L/yr 4% less
Yes Bank Deputy Manager Salary 0 - 12 years exp. (209 salaries)	₹3.1 L/yr - ₹9.1 L/yr 17% more
IDFC FIRST Bank Deputy Manager Salary 0 - 11 years exp. (176 salaries)	₹3 L/yr - ₹8.5 L/yr 7% more
RBL Bank Deputy Manager Salary 0 - 13 years exp. (95 salaries)	₹3.2 L/yr - ₹8 L/yr 3% more
Bandhan Bank Deputy Manager Salary 1 - 11 years exp. (45 salaries)	₹3.3 L/yr - ₹6.5 L/yr 2% more
Ujjivan Small Finance Bank Deputy Manager Salary 0 - 9 years exp. (26 salaries)	₹2.8 L/yr - ₹5.5 L/yr 19% less
Utkarsh Small Finance Bank Deputy Manager Salary 2 - 9 years exp. (7 salaries)	₹4.3 L/yr - ₹7.4 L/yr 29% more	2 job openings
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Deputy Manager salary at Kotak Mahindra Bank ranges between ₹1.8 Lakh to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 819 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Deputy Manager salaries in Pune

Last Updated: 17 Dec 2024

Experience	Avg Annual Salary
Fresher (21 salaries)	₹3 L/yr - ₹6 L/yr
1 year (35 salaries)	₹3 L/yr - ₹7 L/yr
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2 years (93 salaries)	₹1.8 L/yr - ₹6.8 L/yr
3 years (131 salaries)	₹2.2 L/yr - ₹7.5 L/yr
4 years (143 salaries)	₹2.7 L/yr - ₹7 L/yr
5 years (165 salaries)	₹2.7 L/yr - ₹7.5 L/yr
6 years (112 salaries)	₹2.9 L/yr - ₹7.5 L/yr
7 years (41 salaries)	₹3 L/yr - ₹7 L/yr
8 years (40 salaries)	₹3 L/yr - ₹7 L/yr
9 years (23 salaries)	₹3.3 L/yr - ₹7.5 L/yr
10 years (11 salaries)	₹3.8 L/yr - ₹7 L/yr
11 years (4 salaries)	₹4.8 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Branch Manager Salary

(51 salaries)

₹7 L/yr - ₹21 L/yr

Deputy Branch Manager Salary

(15 salaries)

₹9.2 L/yr - ₹13.15 L/yr

Area Manager Salary

(12 salaries)

₹7 L/yr - ₹21.25 L/yr

Service Manager Salary

(9 salaries)

₹3 L/yr - ₹12.76 L/yr

Team Manager Salary

(5 salaries)

₹3 L/yr - ₹8.51 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

3.5

Rated by 61 employees for salary & benefits

Deputy Manager in Pune

Other Department

2.0

• posted on 01 Jun 2019

1.0

for Salary and Benefits

Likes

The company is good apart from corporate salary department

Dislikes

The company is good to work but the corporate salary department of Pune is terrible to work with. No work life balance and a lot work pressure is too high

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.

Dislikes

Salary, promortion - these are the worst over here.

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.

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.

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.

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.

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.

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.

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What people are saying about Kotak Mahindra Bank

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

1 participant . expiring in 2w

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Kotak Mahindra Bank Deputy Manager Salary FAQs

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

Deputy Manager salary at Kotak Mahindra Bank in Pune ranges between ₹1.8 Lakhs to ₹7.5 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 819 latest salaries received from various employees of Kotak Mahindra Bank Pune.

How does the salary of a Deputy Manager at Kotak Mahindra Bank Pune 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 Pune. 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 Pune.

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

State Bank of India Deputy Manager Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year
Utkarsh Small Finance Bank Deputy Manager Salary - ₹4.3 Lakhs to ₹7.4 Lakhs per year
ICICI Bank Deputy Manager Salary - ₹3.0 Lakhs to ₹10.7 Lakhs per year
Axis Bank Deputy Manager Salary - ₹2.4 Lakhs to ₹10.3 Lakhs per year
HDFC Bank Deputy Manager Salary - ₹2.0 Lakhs to ₹10.0 Lakhs per year

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

Yes Bank Deputy Manager Salary - ₹3.1 Lakhs to ₹9.1 Lakhs per year
IDFC FIRST Bank Deputy Manager Salary - ₹3.0 Lakhs to ₹8.5 Lakhs per year
RBL Bank Deputy Manager Salary - ₹3.2 Lakhs to ₹8.0 Lakhs per year
Bandhan Bank Deputy Manager Salary - ₹3.3 Lakhs to ₹6.5 Lakhs per year
IndusInd Bank Deputy Manager Salary - ₹2.0 Lakhs to ₹7.5 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at Kotak Mahindra Bank ranges between ₹38,454 per month to ₹39,642 per month in Pune. 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 ₹7.5 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 Pune?

According to AmbitionBox, 57% of the Kotak Mahindra Bank Deputy Managers in Pune reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 379 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Deputy Manager Salaries in Pune

Kotak Mahindra Bank Deputy Manager salary in Pune ranges between ₹1.8 Lakh to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 819 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Deputy Manager salaries in Pune

Companies similar to Kotak Mahindra Bank for Deputy Manager in Pune

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

Experience wise Kotak Mahindra Bank Deputy Manager salaries in Pune

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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