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Kotak Mahindra Bank IT Application Manager salaries in Mumbai

Annual salary range
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₹33.2 Lakhs - ₹42.4 Lakhs
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Low confidence means that this average salary is based on data that was reported by very few people.
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Last Updated: 25 Jul 2023

Companies similar to Kotak Mahindra Bank for IT Application Manager in Mumbai

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Kotak Mahindra Bank IT Application Manager Salary

15 years exp. (AmbitionBox Estimate)

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₹33.2 L/yr - ₹42.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹9.3 L/yr - ₹18.5 L/yr

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₹16 L/yr - ₹19 L/yr

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₹6.1 L/yr - ₹7 L/yr

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JSW Group IT Application Manager Salary

9 - 11 years exp. (3 salaries)

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₹15 L/yr - ₹21 L/yr

arrow icon 55% less
IT Application Manager salary at Kotak Mahindra Bank ranges between ₹33.2 Lakhs to ₹42.4 Lakhs per year for employees with 15+ years of experience. Salary estimates are based on 1 latest salaries received from various employees of Kotak Mahindra Bank.

Similar Designation salaries in Kotak Mahindra Bank

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₹6.25 L/yr - ₹24.25 L/yr
Project Manager Salary
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₹5.3 L/yr - ₹19.52 L/yr
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₹3 L/yr - ₹6.5 L/yr
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₹4.1 L/yr - ₹6.05 L/yr
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Salary related reviews for Kotak Mahindra Bank

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.

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Product Management Department

3.0
  •  posted on 29 Aug 2018

2.0
 for  Salary and Benefits

Likes

Learning is there but majorly it depends on your profile and team. Salary is below industry average and apparaisals again same as overall Banking Industry standard.

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Dislikes

...lance should be there if you want efficiency and productivity from the employee.Salary again is a low as compared to the profile and KRA given to any employee. Appraisals and not much to talk about.

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Procurement & Supply Chain Department

4.0
  •  posted on 03 Feb 2018

3.0
 for  Salary and Benefits

Likes

1)Adopts latest technology. 2)complaints handling is good,especially in internal audit.

Dislikes

...m area managers for insurance business and no proper support to bank managers. 3)More work ,less salary packages . 4)so Many windows for loans and advances which leads to customer dissatisfaction. 5)daily 3-4 conference calls,which effects customer service.

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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

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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

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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.

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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.

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Kotak Mahindra Bank IT Application Manager salary in Mumbai ranges between ₹33.2 Lakhs to ₹42.4 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.