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Kotak Mahindra Bank Location Manager salaries in India (Updated 2025)

Annual salary range
5 - 16 years exp.
₹5.5 Lakhs - ₹17 Lakhs
Salary of majority employees
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43% more than the average Location Manager Salary in Banking Companies for 5 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Location Manager Salary
5 - 16 years exp. (22 salaries)
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₹5.7 L/yr - ₹15.1 L/yr

Sales & Business Development
Location Manager Salary
5 - 15 years exp. (12 salaries)
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₹5.5 L/yr - ₹17 L/yr

Customer Success, Service & Operations
Location Manager Salary
12 - 13 years exp. (3 salaries)
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₹7.5 L/yr - ₹14 L/yr

Product Management
Location Manager Salary
7 - 10 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹12.3 L/yr

Finance & Accounting
Location Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹10 L/yr - ₹15.5 L/yr

Last Updated: 19 Feb 2025

Companies similar to Kotak Mahindra Bank for Location Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Location Manager Salary

1 - 11 years exp. (158 salaries)

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₹3 L/yr - ₹11.2 L/yr

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Bandhan Bank Location Manager Salary

4 - 8 years exp. (13 salaries)

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₹3 L/yr - ₹7.5 L/yr

arrow icon 53% less
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Yes Bank Location Manager Salary

5 - 13 years exp. (8 salaries)

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₹6.5 L/yr - ₹12.7 L/yr

arrow icon 27% less
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Axis Bank Location Manager Salary

4 - 6 years exp. (8 salaries)

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₹3.3 L/yr - ₹5.4 L/yr

arrow icon 49% less
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IndusInd Bank Location Manager Salary

5 - 9 years exp. (4 salaries)

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₹6.6 L/yr - ₹8.3 L/yr

arrow icon 32% less
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ICICI Bank Location Manager Salary

2 - 10 years exp. (4 salaries)

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₹2.1 L/yr - ₹9 L/yr

arrow icon 48% less
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IDFC FIRST Bank Location Manager Salary

1 - 11 years exp. (4 salaries)

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₹7.5 L/yr - ₹8.2 L/yr

arrow icon 22% less
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RBL Bank Location Manager Salary

7 - 17 years exp. (3 salaries)

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₹6.9 L/yr - ₹12 L/yr

arrow icon 15% less
Location Manager salary at Kotak Mahindra Bank ranges between ₹5.5 Lakhs to ₹17 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 53 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Location Manager

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9 years exp.
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15 years exp.
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Experience wise Kotak Mahindra Bank Location Manager salaries

Last Updated: 19 Feb 2025

Experience Avg Annual Salary
5 years  (3 salaries)

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₹3.9 L/yr - ₹12.5 L/yr
6 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹17.6 L/yr
7 years  (4 salaries)

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₹3.9 L/yr - ₹13 L/yr
8 years  (7 salaries)

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₹6.5 L/yr - ₹14.5 L/yr
9 years  (3 salaries)

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₹5.5 L/yr - ₹15.5 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

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₹1.75 L/yr - ₹9.83 L/yr
Finance Manager Salary
(20 salaries)
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₹2.6 L/yr - ₹10.05 L/yr
Branch Manager Salary
(1k salaries)
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₹7 L/yr - ₹25.56 L/yr
Credit Manager Salary
(1k salaries)
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₹3.71 L/yr - ₹15 L/yr
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₹1.5 L/yr - ₹10 L/yr
Deputy Manager Salary
(11.3k salaries)
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₹1.65 L/yr - ₹8.5 L/yr
Sales Manager Salary
(868 salaries)
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₹2.04 L/yr - ₹10 L/yr
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₹5.37 L/yr - ₹23 L/yr
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₹6.5 L/yr - ₹16.25 L/yr
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₹3 L/yr - ₹11.3 L/yr

Top skills at Kotak Mahindra Bank for Location Manager

Client Relationship Management Risk Analysis Relationship Management Revenue Generation Team Handling Channel Sales Cross Selling Business Development Remittances Mortgage Telecom Sales Trade Sales Sales Management Current Account Portfolio Management

Salary related reviews for Kotak Mahindra Bank

2.6

Rated by 10 employees for salary & benefits

BFSI, Investments & Trading Department

1.0
  •  posted on 11 Jan 2021

1.0
 for  Salary and Benefits

Likes

Support from seniors

Dislikes

Salary doesn't match with market No bonus and increment was given due to COVID If you are joing after October of a particular FY, then you are not eligible for any appraisal next year..even though you have joined on NOV 1st of that year There are multiple other work, which a partson is supposed to do apart from the work profile like hiring and identifying candidates for new recruitment, vendor bill processing etcm.which is done by a seperate department in other financers Overall work pressure is enormous and the company in return pay you peanuts No additional benefits are provided to the employees even of you are working in a finance co or bank You have to compulsorily pay medical.. from your net pay..which you might not require Apart from this..people will call you to work on holidays as well even if it is a national or state holiday..no proper work culture is there. Hr does not decide the leave..but employees and colleagues decides the leaves..no work life balance Not recommendable to work here.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 02 Mar 2025

2.0
 for  Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

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  • Salary - Poor
  • +6 more

Full Time

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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.

read more
  • Salary - Bad

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.

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  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more

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.

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  • 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.

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  • Work satisfaction - Bad
  • +2 more
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Kotak Mahindra Bank Location Manager Salary FAQs

What is the salary of Location Manager at Kotak Mahindra Bank ?
The average salary of a Location Manager at Kotak Mahindra Bank in India typically ranges from ₹5.5 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 5 years to 16 years).

The top 10% of Location Manager at Kotak Mahindra Bank earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Location Manager Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 50+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Location Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Location Manager at Kotak Mahindra Bank in India typically ranges from ₹72,554 to ₹74,426 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 5 years to 16 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 50+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Location Manager at Kotak Mahindra Bank ?
To be a Location Manager at Kotak Mahindra Bank in india, the key skills required include:

  • - Client Relationship Management
  • - Risk Analysis
  • - Relationship Management
  • - Revenue Generation
  • - Team Handling

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.
What is the salary of a Location Manager in companies similar to Kotak Mahindra Bank in India?
The salary of a Location Manager at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

RBL Bank ₹6.9 Lakhs to ₹12.0 Lakhs per year
IDFC FIRST Bank ₹7.5 Lakhs to ₹8.2 Lakhs per year
Yes Bank ₹6.5 Lakhs to ₹12.7 Lakhs per year
IndusInd Bank ₹6.6 Lakhs to ₹8.3 Lakhs per year
HDFC Bank ₹3.0 Lakhs to ₹11.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Location Manager at Kotak Mahindra Bank in India?
The salary growth for a Location Manager at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Location Manager can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
5 years ₹3.9 Lakhs to ₹12.5 Lakhs per year
6 years ₹6.2 Lakhs to ₹17.6 Lakhs per year
7 years ₹3.9 Lakhs to ₹13.0 Lakhs per year
8 years ₹6.5 Lakhs to ₹14.5 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Location Manager salary in India ranges between ₹5.5 Lakhs to ₹17 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 53 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.