Kotak Mahindra Bank Mumbai Elite Relationship Manager Salaries by 50+ Employees (Updated 2025)

0 - 12 years exp.

₹4 Lakhs - ₹12.5 Lakhs

Salary of majority employees

At par with the average Elite Relationship Manager Salary in Banking Companies for 0 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Elite Relationship Manager Salary 2 - 12 years exp. (22 salaries)	₹4 L/yr - ₹11 L/yr
Sales & Business Development Elite Relationship Manager Salary 0 - 11 years exp. (14 salaries)	₹5 L/yr - ₹10.9 L/yr
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Customer Success, Service & Operations Elite Relationship Manager Salary 2 - 12 years exp. (8 salaries)	₹6 L/yr - ₹10.6 L/yr
Finance & Accounting Elite Relationship Manager Salary 4 - 12 years exp. (3 salaries)	₹7.7 L/yr - ₹12.5 L/yr
Marketing & Communication Elite Relationship Manager Salary 0 - 5 years exp. (3 salaries)	₹7.5 L/yr - ₹8.8 L/yr

Last Updated: 7 Feb 2025

Elite Relationship Manager salary at Kotak Mahindra Bank ranges between ₹4 Lakhs to ₹12.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 55 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Elite Relationship Manager salaries in Mumbai

Last Updated: 7 Feb 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	₹6 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
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2 years (3 salaries)	₹6 L/yr - ₹8 L/yr
3 years (5 salaries)	₹4 L/yr - ₹10.6 L/yr
4 years (5 salaries)	₹7 L/yr - ₹9.8 L/yr
5 years (8 salaries)	₹5 L/yr - ₹10.9 L/yr
6 years (5 salaries)	₹6.2 L/yr - ₹10 L/yr
7 years (5 salaries)	₹6 L/yr - ₹9 L/yr
8 years (4 salaries)	₹6.3 L/yr - ₹10 L/yr
9 years (4 salaries)	₹7.8 L/yr - ₹12.5 L/yr
10 years (5 salaries)	₹3.3 L/yr - ₹11 L/yr
11 years (3 salaries)	₹7.5 L/yr - ₹10.5 L/yr
12 years (4 salaries)	₹7.8 L/yr - ₹9 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Relationship Manager Salary

(461 salaries)

₹1.8 L/yr - ₹10.5 L/yr

Branch Relationship Manager Salary

(186 salaries)

₹3 L/yr - ₹10 L/yr

Branch Manager Salary

(133 salaries)

₹7.5 L/yr - ₹25.56 L/yr

Relationship Officer Salary

(127 salaries)

₹2.3 L/yr - ₹6.05 L/yr

Acquisition Manager Salary

(39 salaries)

₹1.8 L/yr - ₹4.3 L/yr

Senior Relationship Manager Salary

(38 salaries)

₹4.1 L/yr - ₹15.15 L/yr

Area Sales Manager Salary

(38 salaries)

₹6.5 L/yr - ₹18.25 L/yr

Senior Sales Manager Salary

(13 salaries)

₹8.15 L/yr - ₹13.55 L/yr

Relationship Executive Salary

(3 salaries)

₹1.5 L/yr - ₹2.65 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

5.0

Rated by 1 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.

Skill development - Bad

+4 more

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.

Salary - Good

+1 more

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.

Skill development - Bad

+3 more

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

Skill development - Good

+2 more

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.

Salary - Bad

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

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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

How to get more interview calls and which website better to upload resume

Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

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Kotak Mahindra Bank Elite Relationship Manager Salary FAQs

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

Elite Relationship Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹4.0 Lakhs to ₹12.5 Lakhs for less than 1 year of experience to 12 years. Salary estimates are based on 55 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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 Mumbai.

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

The estimated take-home salary of a Elite Relationship Manager at Kotak Mahindra Bank ranges between ₹59,458 per month to ₹60,959 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Elite Relationship Manager salary in India which ranges between ₹4.0 Lakhs to ₹12.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 53% of the Kotak Mahindra Bank Elite Relationship Managers in Mumbai reported a notice period of 3 Months, 42% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 57 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Elite Relationship Manager Salaries in Mumbai

Kotak Mahindra Bank Elite Relationship Manager salary in Mumbai ranges between ₹4 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 55 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Elite Relationship Manager salaries in Mumbai

Latest annual salaries shared by Kotak Mahindra Bank Elite Relationship Manager in Mumbai

Experience wise Kotak Mahindra Bank Elite Relationship Manager salaries in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Elite Relationship Manager

Salary related reviews for Kotak Mahindra Bank

Elite Relationship Manager in Hyderabad / Secunderabad

Branch Relationship Manager in Kolkata

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Kotak Mahindra Bank Elite Relationship Manager Salary FAQs

Tell us how to improve this page.