Kotak Mahindra Bank New Delhi Location Head Salaries by 20+ Employees (Updated 2025)

10 - 17 years exp.

₹10 Lakhs - ₹21 Lakhs

Salary of majority employees

39% more than the average Location Head Salary in Banking Companies for 10 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Location Head Salary 10 - 16 years exp. (13 salaries)	₹10 L/yr - ₹21 L/yr
Sales & Business Development Location Head Salary 11 - 15 years exp. (7 salaries)	₹11.8 L/yr - ₹16 L/yr
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Customer Success, Service & Operations Location Head Salary 12 - 17 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹15 L/yr
Finance & Accounting Location Head Salary 15 years exp. (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr

Last Updated: 24 Jan 2025

Companies similar to Kotak Mahindra Bank for Location Head in New Delhi

Kotak Mahindra Bank Location Head Salary

10 - 17 years exp. (24 salaries)

₹10 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Home Finance Location Head Salary 9 - 16 years exp. (15 salaries)	₹6.6 L/yr - ₹16.3 L/yr 15% less
Sammaan Capital Limited Location Head Salary 5 - 15 years exp. (13 salaries)	₹6.9 L/yr - ₹12 L/yr 38% less
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Star Union Dai-ichi Life Insurance Location Head Salary 8 - 12 years exp. (6 salaries)	₹6.5 L/yr - ₹9.8 L/yr 48% less
Ageas Federal Life Insurance Location Head Salary 0 - 9 years exp. (4 salaries)	₹15 L/yr - ₹15.6 L/yr 6% more
Varthana Location Head Salary 6 - 9 years exp. (3 salaries)	₹10 L/yr - ₹13.5 L/yr 15% less

Location Head salary at Kotak Mahindra Bank ranges between ₹10 Lakhs to ₹21 Lakhs per year for employees with experience between 10 years to 17 years. Salary estimates are based on 24 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Location Head salaries in New Delhi

Last Updated: 24 Jan 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹13 L/yr - ₹24.9 L/yr
11 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹16 L/yr
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12 years (7 salaries)	₹12 L/yr - ₹21 L/yr
13 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹26.3 L/yr
14 years (4 salaries)	₹12.2 L/yr - ₹19.8 L/yr
15+ years (7 salaries)	₹10 L/yr - ₹16.2 L/yr

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From

Location Head

₹

Lakhs/yr

7 - 17 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 25 years exp.

Location Head 7 - 17 years exp.

Associate Vice President 3 - 21 years exp.

44% hike

Vice President 12 - 21 years exp.

99% hike

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₹9.25 L/yr - ₹13.25 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

4.0

Rated by 2 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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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindra Bank Location Head Salary FAQs

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

Location Head salary at Kotak Mahindra Bank in New Delhi ranges between ₹10.0 Lakhs to ₹21.0 Lakhs for experience between 10 years to 17 years. According to our estimates it is 39% more than the average Location Head Salary in India. Salary estimates are based on 24 latest salaries received from various employees of Kotak Mahindra Bank New Delhi.

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

The average salary of a Location Head at Kotak Mahindra Bank is 39% more than the average salary of a Location Head in New Delhi. 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 New Delhi.

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

Ageas Federal Life Insurance Location Head Salary - ₹15.0 Lakhs to ₹15.6 Lakhs per year

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

Varthana Location Head Salary - ₹10.0 Lakhs to ₹13.5 Lakhs per year
IIFL Home Finance Location Head Salary - ₹6.6 Lakhs to ₹16.3 Lakhs per year
Sammaan Capital Limited Location Head Salary - ₹6.9 Lakhs to ₹12.0 Lakhs per year
Star Union Dai-ichi Life Insurance Location Head Salary - ₹6.5 Lakhs to ₹9.8 Lakhs per year

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

The estimated take-home salary of a Location Head at Kotak Mahindra Bank ranges between ₹99,883 per month to ₹1,02,600 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindra Bank Location Head salary in India which ranges between ₹10.0 Lakhs to ₹21.0 Lakhs per year for employees with experience between 10 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 70% of the Kotak Mahindra Bank Location Heads in New Delhi reported a notice period of 3 Months, 30% reported a notice period of 1 Month.This is based on 10 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Location Head Salaries in New Delhi

Kotak Mahindra Bank Location Head salary in New Delhi ranges between ₹10 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.