Kotak Mahindra Bank Head Operations Salaries by 7 Employees (Updated 2025)

5 - 11 years exp.

₹4 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

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64% less than the average Head Operations Salary in Banking Companies for 5 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations Head Operations Salary 8 - 11 years exp. (3 salaries)	Unlock ₹8.5 L/yr - ₹12 L/yr
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Finance & Accounting Head Operations Salary 8 - 9 years exp. (AmbitionBox Estimate)	Unlock ₹7 L/yr - ₹7.4 L/yr

Last Updated: 22 Nov 2024

Companies similar to Kotak Mahindra Bank for Head Operations

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Head Operations Salary 5 - 19 years exp. (8 salaries)	Unlock ₹4.8 L/yr - ₹21.8 L/yr 74% more
ICICI Bank Head Operations Salary 6 - 21 years exp. (11 salaries)	Unlock ₹10.1 L/yr - ₹37 L/yr 182% more
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Axis Bank Head Operations Salary 5 - 18 years exp. (194 salaries)	Unlock ₹4.1 L/yr - ₹14.5 L/yr 22% more
State Bank of India Head Operations Salary 2 - 5 years exp. (3 salaries)	Unlock ₹1.6 L/yr - ₹2.1 L/yr 76% less
IndusInd Bank Head Operations Salary 0 - 12 years exp. (8 salaries)	Unlock ₹3.6 L/yr - ₹12.5 L/yr 17% more
Yes Bank Head Operations Salary 6 - 12 years exp. (8 salaries)	Unlock ₹3.5 L/yr - ₹12 L/yr 9% more
IDFC FIRST Bank Head Operations Salary 8 - 13 years exp. (4 salaries)	Unlock ₹6 L/yr - ₹8 L/yr 8% less
RBL Bank Head Operations Salary 7 - 11 years exp. (4 salaries)	Unlock ₹6 L/yr - ₹9.5 L/yr 3% less
Bandhan Bank Head Operations Salary 9 - 14 years exp. (5 salaries)	Unlock ₹7.6 L/yr - ₹12.5 L/yr 25% more
Jana Small Finance Bank Head Operations Salary 5 - 28 years exp. (5 salaries)	Unlock ₹3.9 L/yr - ₹32.2 L/yr 122% more
Bank of Baroda Head Operations Salary 9 - 13 years exp. (4 salaries)	Unlock ₹12 L/yr - ₹20 L/yr 100% more
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Ujjivan Small Finance Bank Head Operations Salary 7 - 10 years exp. (4 salaries)	Unlock ₹6.9 L/yr - ₹8 L/yr 5% less
Utkarsh Small Finance Bank Head Operations Salary 22 - 30 years exp. (3 salaries)	Unlock ₹32 L/yr - ₹1 Cr/yr 922% more

Head Operations salary at Kotak Mahindra Bank ranges between ₹4 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Head Operations salaries

Last Updated: 22 Nov 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹8 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹5.4 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹7 L/yr - ₹8.5 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹7.4 L/yr - ₹16.2 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹4.2 L/yr - ₹12 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹12 L/yr - ₹12 L/yr

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Salary related reviews for Kotak Mahindra Bank

2.0

Rated by 2 employees for salary & benefits

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

Salary - Poor

+4 more

Operations Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

There is no work pressure its harmful for your future

Job security - Excellent

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

Salary - Bad

+5 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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Kotak Mahindra Bank Head Operations Salary FAQs

What is the salary of Head Operations at Kotak Mahindra Bank?

Head Operations salary at Kotak Mahindra Bank in India ranges between ₹4.0 Lakhs to ₹12.0 Lakhs for experience between 5 years to 11 years. According to our estimates it is 64% less than the average Head Operations Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Head Operations at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Head Operations at Kotak Mahindra Bank is 64% less than the average salary of a Head Operations in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Head Operations in India?

Utkarsh Small Finance Bank Head Operations Salary - ₹32.0 Lakhs to ₹102.0 Lakhs per year
ICICI Bank Head Operations Salary - ₹10.1 Lakhs to ₹37.0 Lakhs per year
Jana Small Finance Bank Head Operations Salary - ₹3.9 Lakhs to ₹32.2 Lakhs per year
Bank of Baroda Head Operations Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
HDFC Bank Head Operations Salary - ₹4.8 Lakhs to ₹21.8 Lakhs per year

What is the salary of a Head Operations in companies similar to Kotak Mahindra Bank in India?

Bandhan Bank Head Operations Salary - ₹7.6 Lakhs to ₹12.5 Lakhs per year
Axis Bank Head Operations Salary - ₹4.1 Lakhs to ₹14.5 Lakhs per year
IndusInd Bank Head Operations Salary - ₹3.6 Lakhs to ₹12.5 Lakhs per year
Yes Bank Head Operations Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year
RBL Bank Head Operations Salary - ₹6.0 Lakhs to ₹9.5 Lakhs per year

What is the estimated take home salary of a Head Operations at Kotak Mahindra Bank in India?

The estimated take-home salary of a Head Operations at Kotak Mahindra Bank ranges between ₹56,592 per month to ₹58,012 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Head Operations salary in India which ranges between ₹4.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 5 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Head Operations at Kotak Mahindra Bank?

According to AmbitionBox, 40% of the Kotak Mahindra Bank Head Operationss reported a notice period of 15 days or less, 40% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Head Operations Salaries

Kotak Mahindra Bank Head Operations salary in India ranges between ₹4 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.