Kotak Mahindra Bank Location Head Salaries by 100+ Employees (Updated 2025)

7 - 17 years exp.

₹7 Lakhs - ₹22.3 Lakhs

Salary of majority employees

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34% more than the average Location Head Salary in Banking Companies for 7 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Location Head Salary 8 - 17 years exp. (46 salaries)	Unlock ₹7 L/yr - ₹24.7 L/yr
Sales & Business Development Location Head Salary 7 - 17 years exp. (37 salaries)	Unlock ₹7.5 L/yr - ₹19.1 L/yr
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Finance & Accounting Location Head Salary 7 - 15 years exp. (5 salaries)	Unlock ₹7.7 L/yr - ₹16.2 L/yr
Product Management Location Head Salary 12 - 15 years exp. (4 salaries)	Unlock ₹13.2 L/yr - ₹21 L/yr
Customer Success, Service & Operations Location Head Salary 12 - 17 years exp. (3 salaries)	Unlock ₹12 L/yr - ₹15 L/yr

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Last Updated: 2 Mar 2025

Companies similar to Kotak Mahindra Bank for Location Head

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Location Head Salary 5 - 18 years exp. (5 salaries)	Unlock ₹8 L/yr - ₹14.5 L/yr 23% less
ICICI Bank Location Head Salary 3 - 6 years exp. (6 salaries)	Unlock ₹4 L/yr - ₹10 L/yr 29% less
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Axis Bank Location Head Salary 9 - 22 years exp. (30 salaries)	Unlock ₹7 L/yr - ₹13.7 L/yr 23% less
IndusInd Bank Location Head Salary 10 - 16 years exp. (7 salaries)	Unlock ₹9.8 L/yr - ₹23 L/yr 13% more
IDFC FIRST Bank Location Head Salary 12 - 16 years exp. (5 salaries)	Unlock ₹10.5 L/yr - ₹18 L/yr At par
IDBI Bank Location Head Salary 9 - 14 years exp. (4 salaries)	Unlock ₹14.5 L/yr - ₹18 L/yr 19% more

Location Head salary at Kotak Mahindra Bank ranges between ₹7 Lakhs to ₹22.3 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 115 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Location Head

3d ago

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17 years exp.

2w ago

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10 years exp.

3w ago

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13 years exp.

1mo ago

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14 years exp.

1mo ago

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10 years exp.

1mo ago

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17 years exp.

1mo ago

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12 years exp.

3mo ago

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14 years exp.

4mo ago

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16 years exp.

5mo ago

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17 years exp.

Experience wise Kotak Mahindra Bank Location Head salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
7 years (5 salaries)	Unlock ₹8.2 L/yr - ₹14 L/yr
8 years (6 salaries)	Unlock ₹9 L/yr - ₹15 L/yr
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9 years (8 salaries)	Unlock ₹7.5 L/yr - ₹16.5 L/yr
10 years (10 salaries)	Unlock ₹7.1 L/yr - ₹18.8 L/yr
11 years (9 salaries)	Unlock ₹7 L/yr - ₹16 L/yr
12 years (14 salaries)	Unlock ₹7.8 L/yr - ₹21 L/yr
13 years (16 salaries)	Unlock ₹7.5 L/yr - ₹20 L/yr
14 years (15 salaries)	Unlock ₹7.5 L/yr - ₹19.8 L/yr
15+ years (32 salaries)	Unlock ₹8 L/yr - ₹26.7 L/yr

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From

Location Head

₹

Lakhs/yr

7 - 17 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Location Head

7 - 17 years exp.

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Associate Vice President

3 - 21 years exp.

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46% hike

Vice President

12 - 21 years exp.

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101% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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₹6.8 L/yr - ₹15.4 L/yr

Top skills at Kotak Mahindra Bank for Location Head

Team Handling Cross Sales Third Party Trade Finance Working Capital Business Banking Current Account Retail Liabilities

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 22 employees for salary & benefits

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

Deputy Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2024

2.0

for Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Job security - Good

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Skill development - Poor

+1 more

Deputy Manager in Thane

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Nov 2023

2.0

for Salary and Benefits

Likes

Work profile and process is good.

Dislikes

Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

Salary - Poor

+4 more

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Kotak Mahindra Bank Location Head Salary FAQs

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

Location Head salary at Kotak Mahindra Bank in India ranges between ₹7.0 Lakhs to ₹22.3 Lakhs for experience between 7 years to 17 years. According to our estimates it is 34% more than the average Location Head Salary in India. Salary estimates are based on 115 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Location Head at Kotak Mahindra Bank is 34% more than the average salary of a Location Head in India. To know exact salary insights, login to view.

What are the top skills required to work as a Location Head at Kotak Mahindra Bank?

Team Handling, Cross Sales, Third Party, Trade Finance and Working Capital are some of the popular skills required to work as a Location Head at Kotak Mahindra Bank India.

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

IDBI Bank Location Head Salary - ₹14.5 Lakhs to ₹18.0 Lakhs per year
IndusInd Bank Location Head Salary - ₹9.8 Lakhs to ₹23.0 Lakhs per year
IDFC FIRST Bank Location Head Salary - ₹10.5 Lakhs to ₹18.0 Lakhs per year

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

HDFC Bank Location Head Salary - ₹8.0 Lakhs to ₹14.5 Lakhs per year
Axis Bank Location Head Salary - ₹7.0 Lakhs to ₹13.7 Lakhs per year
ICICI Bank Location Head Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Location Head at Kotak Mahindra Bank ranges between ₹97,163 per month to ₹99,792 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Location Head salary in India which ranges between ₹7.0 Lakhs to ₹22.3 Lakhs per year for employees with experience between 7 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the Kotak Mahindra Bank Location Heads reported a notice period of 3 Months, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 56 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Location Head Salaries by Location

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Kotak Mahindra Bank Location Head Salaries

Kotak Mahindra Bank Location Head salary in India ranges between ₹7 Lakhs to ₹22.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 115 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.