Kotak Mahindra Bank IRM Salaries by 4 Employees (Updated 2025)

2 - 10 years exp.

₹4.2 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

25% more than the average IRM Salary in Banking Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading IRM Salary 2 - 5 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.5 L/yr
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Sales & Business Development IRM Salary 10 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.8 L/yr

Last Updated: 30 Nov 2024

Companies similar to Kotak Mahindra Bank for IRM

Company name	Avg Annual Salary	Open Jobs
HDFC Bank IRM Salary 2 - 5 years exp. (3 salaries)	₹2.7 L/yr - ₹5.6 L/yr 27% less
Sammaan Capital Limited IRM Salary 1 - 12 years exp. (17 salaries)	₹3 L/yr - ₹4.4 L/yr 28% less
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IIFL Home Finance IRM Salary 3 - 9 years exp. (11 salaries)	₹3.3 L/yr - ₹4.5 L/yr 29% less
IIFL Finance IRM Salary 2 - 5 years exp. (7 salaries)	₹2.9 L/yr - ₹3.3 L/yr 42% less
Diebold Nixdorf IRM Salary 0 - 5 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr 43% less

IRM salary at Kotak Mahindra Bank ranges between ₹4.2 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank IRM salaries

Last Updated: 30 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

Salary related reviews for Kotak Mahindra Bank

Principal Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 27 Dec 2024

2.0

for Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

Salary - Poor

+4 more

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 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

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

Deputy Manager Operations in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 19 Nov 2024

2.0

for Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

Salary - Poor

+4 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank IRM Salary FAQs

What is the salary of IRM at Kotak Mahindra Bank?

IRM salary at Kotak Mahindra Bank in India ranges between ₹4.2 Lakhs to ₹8.0 Lakhs for experience between 2 years to 10 years. According to our estimates it is 25% more than the average IRM Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a IRM at Kotak Mahindra Bank is 25% more than the average salary of a IRM in India. To know exact salary insights, login to view.

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

HDFC Bank IRM Salary - ₹2.7 Lakhs to ₹5.6 Lakhs per year
Sammaan Capital Limited IRM Salary - ₹3.0 Lakhs to ₹4.4 Lakhs per year
IIFL Home Finance IRM Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year
IIFL Finance IRM Salary - ₹2.9 Lakhs to ₹3.3 Lakhs per year
Diebold Nixdorf IRM Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a IRM at Kotak Mahindra Bank ranges between ₹39,612 per month to ₹40,783 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank IRM salary in India which ranges between ₹4.2 Lakhs to ₹8.0 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for IRM at Kotak Mahindra Bank?

According to AmbitionBox, 50% of the Kotak Mahindra Bank IRMs reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank IRM Salaries

Kotak Mahindra Bank IRM salary in India ranges between ₹4.2 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.