Kotak Mahindra Bank Mumbai Location Manager Salaries by 6 Employees (Updated 2025)

7 - 15 years exp.

₹5.5 Lakhs - ₹15.1 Lakhs

Salary of majority employees

40% more than the average Location Manager Salary in Banking Companies for 7 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Location Manager Salary 7 - 15 years exp. (3 salaries)	₹11 L/yr - ₹15.1 L/yr
Customer Success, Service & Operations Location Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹10.4 L/yr - ₹14 L/yr
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Sales & Business Development Location Manager Salary 9 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹13 L/yr

Last Updated: 19 Feb 2025

Companies similar to Kotak Mahindra Bank for Location Manager in Mumbai

Kotak Mahindra Bank Location Manager Salary

7 - 15 years exp. (6 salaries)

₹5.5 L/yr - ₹15.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Location Manager Salary 1 - 11 years exp. (10 salaries)	₹4.6 L/yr - ₹9.3 L/yr 38% less
Sammaan Capital Limited Location Manager Salary 8 - 18 years exp. (4 salaries)	₹8.5 L/yr - ₹12 L/yr 3% less
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Hinduja Leyland Finance Location Manager Salary 1 - 2 years exp. (4 salaries)	₹3.4 L/yr - ₹6 L/yr 52% less
Equitas Small Finance Bank Location Manager Salary 15 - 16 years exp. (3 salaries)	₹7.5 L/yr - ₹8.8 L/yr 18% less

Location Manager salary at Kotak Mahindra Bank ranges between ₹5.5 Lakhs to ₹15.1 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Location Manager salaries in Mumbai

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹13 L/yr
8 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
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9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹18.7 L/yr
10 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
11 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
12 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹14 L/yr
13 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹12 L/yr
14 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹14.1 L/yr
15+ years (AmbitionBox Estimate)	₹4.3 L/yr - ₹15.1 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

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Branch Sales Manager Salary

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Area Sales Manager Salary

(38 salaries)

₹6.5 L/yr - ₹18.25 L/yr

Collections Manager Salary

(35 salaries)

₹3.1 L/yr - ₹9.15 L/yr

Area Collection Manager Salary

(7 salaries)

₹7.3 L/yr - ₹12.3 L/yr

Finance Manager Salary

(5 salaries)

₹6 L/yr - ₹10 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

2.3

Rated by 2 employees for salary & benefits

Location Manager in Bangalore / Bengaluru

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.

Salary - Bad

+5 more

Assistant Vice President in Ernakulam

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

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.

Salary - Bad

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

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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

How to get more interview calls and which website better to upload resume

Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

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Kotak Mahindra Bank Location Manager Salary FAQs

What is the salary of Location Manager at Kotak Mahindra Bank Mumbai?

Location Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹5.5 Lakhs to ₹15.1 Lakhs for experience between 7 years to 15 years. According to our estimates it is 40% more than the average Location Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Location Manager at Kotak Mahindra Bank is 40% more than the average salary of a Location Manager in Mumbai. To know exact salary insights, login to view.

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

Client Relationship Management, Risk Analysis, Relationship Management, Revenue Generation and Team Handling are some of the popular skills required to work as a Location Manager at Kotak Mahindra Bank Mumbai.

What is the salary of a Location Manager in companies similar to Kotak Mahindra Bank in Mumbai?

Sammaan Capital Limited Location Manager Salary - ₹8.5 Lakhs to ₹12.0 Lakhs per year
Equitas Small Finance Bank Location Manager Salary - ₹7.5 Lakhs to ₹8.8 Lakhs per year
HDFC Bank Location Manager Salary - ₹4.6 Lakhs to ₹9.3 Lakhs per year
Hinduja Leyland Finance Location Manager Salary - ₹3.4 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a Location Manager at Kotak Mahindra Bank ranges between ₹75,481 per month to ₹77,436 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Location Manager salary in India which ranges between ₹5.5 Lakhs to ₹15.1 Lakhs per year for employees with experience between 7 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Location Manager at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 75% of the Kotak Mahindra Bank Location Managers in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Location Manager Salaries in Mumbai

Kotak Mahindra Bank Location Manager salary in Mumbai ranges between ₹5.5 Lakhs to ₹15.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.