Kotak Mahindra Bank Indore Elite Relationship Manager Salaries by 10 Employees (Updated 2024)

0 - 9 years exp.

₹6.5 Lakhs - ₹9.5 Lakhs

Salary of majority employees

8% more than the average Elite Relationship Manager Salary in Banking Companies for 0 - 9 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Elite Relationship Manager Salary 3 - 9 years exp. (4 salaries)	₹6.9 L/yr - ₹8.7 L/yr
Finance & Accounting Elite Relationship Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.9 L/yr
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Marketing & Communication Elite Relationship Manager Salary 0 - 5 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
Customer Success, Service & Operations Elite Relationship Manager Salary 6 years exp. (AmbitionBox Estimate)	₹7.4 L/yr - ₹8 L/yr

Last Updated: 18 Dec 2024

Elite Relationship Manager salary at Kotak Mahindra Bank ranges between ₹6.5 Lakhs to ₹9.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Elite Relationship Manager salaries in Indore

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.1 L/yr - ₹9.5 L/yr
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹8 L/yr
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2 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8 L/yr
4 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹14.4 L/yr
5 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹14.5 L/yr
6 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹14.5 L/yr
7 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
8 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹14.7 L/yr
9 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹14.8 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Branch Manager Salary

(29 salaries)

₹8.75 L/yr - ₹20 L/yr

Area Sales Manager Salary

(9 salaries)

₹12.6 L/yr - ₹17 L/yr

Senior Relationship Manager Salary

(6 salaries)

₹9.05 L/yr - ₹13 L/yr

Top skills at Kotak Mahindra Bank for Elite Relationship Manager

Relationship Management Advisory Arp Analytical Techniques Channel Distribution Portfolio Management Branch Banking Singing Marking DAS Watir Capa Relationship Management Portfolio Management Mutual Funds

Salary related reviews for Kotak Mahindra Bank

2.1

Rated by 5 employees for salary & benefits

Elite Relationship Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

1.0

• posted on 11 Jun 2024

3.0

for Salary and Benefits

Likes

Nothing to like

Dislikes

Life became hell. zero work life balance ,they will offer you good designation like manager or deputy manager at start and good compensation as well, but all lies are hides under this. No support from upper management , Zero understanding in other department, Too much of politics which will eventually drag you down, If you want to work other will drag you down. Senior manager are vey rude , Double faced people. As an MBA graduate I request other fellow candidate never opt for this role. No learning , Only waste of time.

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Assistant Vice President in Ernakulam

Full Time

Finance & Accounting Department

4.0

• posted on 02 Jul 2024

1.0

for Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

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.

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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

3 participants . expiring in 1w

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Kotak Mahindra Bank Elite Relationship Manager Salary FAQs

What is the salary of Elite Relationship Manager at Kotak Mahindra Bank Indore?

Elite Relationship Manager salary at Kotak Mahindra Bank in Indore ranges between ₹6.5 Lakhs to ₹9.5 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 8% more than the average Elite Relationship Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank Indore.

How does the salary of a Elite Relationship Manager at Kotak Mahindra Bank Indore compare with the average salary range for this job?

The average salary of a Elite Relationship Manager at Kotak Mahindra Bank is 8% more than the average salary of a Elite Relationship Manager in Indore. To know exact salary insights, login to view.

What are the top skills required to work as a Elite Relationship Manager at Kotak Mahindra Bank?

Relationship Management, Advisory, Arp, Analytical Techniques and Channel Distribution are some of the popular skills required to work as a Elite Relationship Manager at Kotak Mahindra Bank Indore.

What is the estimated take home salary of a Elite Relationship Manager at Kotak Mahindra Bank in Indore?

The estimated take-home salary of a Elite Relationship Manager at Kotak Mahindra Bank ranges between ₹59,553 per month to ₹61,057 per month in Indore. The take-home salary calculation is based on the average Kotak Mahindra Bank Elite Relationship Manager salary in India which ranges between ₹6.5 Lakhs to ₹9.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

What is the notice period for Elite Relationship Manager at Kotak Mahindra Bank in Indore?

According to AmbitionBox, 69% of the Kotak Mahindra Bank Elite Relationship Managers in Indore reported a notice period of 1 Month, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Elite Relationship Manager Salaries in Indore

Kotak Mahindra Bank Elite Relationship Manager salary in Indore ranges between ₹6.5 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.