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Kotak Mahindra Bank Manager salaries in India (Updated 2025)

Annual salary range
0 - 15 years exp.
₹4 Lakhs - ₹12 Lakhs
Salary of majority employees
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51% less than the average Manager Salary in Banking Companies for 0 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
0 - 15 years exp. (1.9k salaries)
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₹3.9 L/yr - ₹11.5 L/yr

Customer Success, Service & Operations
Manager Salary
0 - 15 years exp. (838 salaries)
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₹3 L/yr - ₹10.9 L/yr

Finance & Accounting
Manager Salary
0 - 15 years exp. (594 salaries)
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₹4 L/yr - ₹14.4 L/yr

Sales & Business Development
Manager Salary
0 - 14 years exp. (581 salaries)
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₹3.6 L/yr - ₹13.4 L/yr

Data Science & Analytics
Manager Salary
0 - 15 years exp. (170 salaries)
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₹3.6 L/yr - ₹15 L/yr

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Last Updated: 5 Mar 2025

Companies similar to Kotak Mahindra Bank for Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Manager Salary

0 - 19 years exp. (10.2k salaries)

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₹5 L/yr - ₹14.6 L/yr

arrow icon 18% more
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ICICI Bank Manager Salary

0 - 18 years exp. (4.8k salaries)

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₹5.5 L/yr - ₹18.5 L/yr

arrow icon 51% more
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Axis Bank Manager Salary

0 - 18 years exp. (6.1k salaries)

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₹5 L/yr - ₹14 L/yr

arrow icon 20% more
1 job opening
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State Bank of India Manager Salary

6 - 16 years exp. (532 salaries)

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₹10 L/yr - ₹40 L/yr

arrow icon 186% more
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Yes Bank Manager Salary

0 - 18 years exp. (2.6k salaries)

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₹4.3 L/yr - ₹13.2 L/yr

arrow icon 9% more
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IndusInd Bank Manager Salary

0 - 16 years exp. (2k salaries)

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₹2.6 L/yr - ₹11 L/yr

arrow icon 8% less
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IDFC FIRST Bank Manager Salary

1 - 14 years exp. (1.3k salaries)

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₹3.5 L/yr - ₹12.7 L/yr

arrow icon 5% more
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RBL Bank Manager Salary

2 - 16 years exp. (745 salaries)

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₹4.3 L/yr - ₹12.5 L/yr

arrow icon 6% more
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Federal Bank Manager Salary

3 - 12 years exp. (264 salaries)

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₹7.8 L/yr - ₹24 L/yr

arrow icon 108% more
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Punjab National Bank Manager Salary

3 - 11 years exp. (203 salaries)

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₹7 L/yr - ₹26 L/yr

arrow icon 87% more
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Manager salary at Kotak Mahindra Bank ranges between ₹4 Lakhs to ₹12 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 5.4k latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Manager

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Experience wise Kotak Mahindra Bank Manager salaries

Last Updated: 5 Mar 2025

Experience Avg Annual Salary
Fresher  (96 salaries)

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₹4.6 L/yr - ₹12 L/yr
1 year  (132 salaries)

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₹3.6 L/yr - ₹12 L/yr
2 years  (246 salaries)

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₹4.4 L/yr - ₹13.5 L/yr
3 years  (359 salaries)

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₹3.6 L/yr - ₹14 L/yr
4 years  (530 salaries)

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₹3.5 L/yr - ₹12 L/yr
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Kotak Mahindra Bank Manager Salary and Career Growth

From

To

Manager

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0 - 15 years exp.

Senior Vice President

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15 - 24 years exp.

Manager 0 - 15 years exp.
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Senior Manager 1 - 19 years exp.
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arrow icon 57% hike
Associate Vice President 3 - 21 years exp.
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arrow icon 62% hike

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Similar Designation salaries in Kotak Mahindra Bank

Audit Manager Salary
(10 salaries)
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₹3.75 L/yr - ₹10 L/yr
Credit Manager Salary
(1k salaries)
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₹3.7 L/yr - ₹14.5 L/yr
Deputy Manager Salary
(11.3k salaries)
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₹1.65 L/yr - ₹8.2 L/yr
Finance Manager Salary
(20 salaries)
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₹2.6 L/yr - ₹10.05 L/yr
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₹7 L/yr - ₹20 L/yr
Senior Analyst Salary
(10 salaries)
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₹4.3 L/yr - ₹12.5 L/yr
Senior Associate Salary
(119 salaries)
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₹1.4 L/yr - ₹4 L/yr
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₹1.6 L/yr - ₹9.7 L/yr
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₹1.1 L/yr - ₹2.5 L/yr
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₹24 L/yr - ₹55 L/yr

Top skills at Kotak Mahindra Bank for Manager

Relationship Management Talent Acquisition Sales Marketing Customer Service
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Salary related reviews for Kotak Mahindra Bank

3.2

Rated by 637 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 07 Aug 2024

5.0
 for  Salary and Benefits

Likes

Salary and benefits

  • Salary - Excellent

Dislikes

Job security are not there they're just hired and not given time to understand the process and not given time to get relationship with customer and fired they're expecting immediate results.from existing organisation.manager are not helpful.not action oriented toward stuff's problem.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 06 May 2023

2.0
 for  Salary and Benefits

Likes

Better place to work for fresher to start their career For women for work life balance

  • Skill development - Good
  • +4 more

Dislikes

... completing 3 years or while retaining an employee not on basis of performance A good package will be offered to new joinees but old joinees salary won't be corrected.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 12 Jul 2021

1.0
 for  Salary and Benefits

Likes

No good environment n cultural is average yes huge cafeteria no chilling bcos of sales huge pressure on life insurance n general insurance that's the reason employee not focusing on core business morning evening li li li gi gi gi I think kotak was not going on kotak bank focous on kotak life insurance business that is the reason employee alteration rasio huge

read more
  • Skill development - Good

Dislikes

I m working in kotak last 12 years My salary not decent slow career growth no salary increase and management not address my issue only our growth and left the organisation

read more
  • Salary - Bad
  • +1 more

Full Time

 · 

SME WORKING CAPITAL Department

2.0
  •  posted on 14 Nov 2021

2.0
 for  Salary and Benefits

Likes

Initial they give high compensation at time of Joining but later on approx nil hike

read more

Dislikes

Long working hours u have to work on Saturday and Sunday, lack of digitalisation, rude managers with no support, complicated process,

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Personal Loan Department

5.0
  •  posted on 01 Apr 2021

5.0
 for  Salary and Benefits

Likes

Company is supportive in every front for their employees. Management took care very well of employees and their compensation during pandemic.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Some senior level people (location head) take their responsibilities as power to do anything and because of that employee has to offer. Not a case with me but saw it happening.

read more
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Kotak Mahindra Bank Manager Salary FAQs

What is the salary of Manager at Kotak Mahindra Bank?
Manager salary at Kotak Mahindra Bank in India ranges between ₹4.0 Lakhs to ₹12.0 Lakhs for less than 1 year of experience to 15 years. According to our estimates it is 51% less than the average Manager Salary in India. Salary estimates are based on 5.4k latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Manager at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Manager at Kotak Mahindra Bank is 51% less than the average salary of a Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Manager at Kotak Mahindra Bank?
Relationship Management, Talent Acquisition, Sales, Marketing and Customer Service are some of the popular skills required to work as a Manager at Kotak Mahindra Bank India.
Which similar companies are paying more than Kotak Mahindra Bank to a Manager in India?
  • State Bank of India Manager Salary - ₹10.0 Lakhs to ₹40.0 Lakhs per year
  • IDBI Bank Manager Salary - ₹10.0 Lakhs to ₹29.0 Lakhs per year
  • Bank of Baroda Manager Salary - ₹8.0 Lakhs to ₹28.0 Lakhs per year
  • South Indian Bank Manager Salary - ₹7.5 Lakhs to ₹25.0 Lakhs per year
  • Paytm Payments Bank Manager Salary - ₹7.0 Lakhs to ₹30.0 Lakhs per year
What is the salary of a Manager in companies similar to Kotak Mahindra Bank in India?
  • Federal Bank Manager Salary - ₹7.8 Lakhs to ₹24.0 Lakhs per year
  • Canara Bank Manager Salary - ₹6.8 Lakhs to ₹25.0 Lakhs per year
  • J&K Bank Manager Salary - ₹10.0 Lakhs to ₹17.3 Lakhs per year
  • Barclays Investment Bank Manager Salary - ₹11.0 Lakhs to ₹22.0 Lakhs per year
  • HSBC Global Banking and Markets Manager Salary - ₹7.6 Lakhs to ₹21.5 Lakhs per year
What is the estimated take home salary of a Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Manager at Kotak Mahindra Bank ranges between ₹59,034 per month to ₹60,524 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Manager salary in India which ranges between ₹4.0 Lakhs to ₹12.0 Lakhs per year for employees with less than 1 year of experience to 15 years. Check how did we calculate take home salary?
What is the notice period for Manager at Kotak Mahindra Bank?
According to AmbitionBox, 71% of the Kotak Mahindra Bank Managers reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3.5k responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Manager salary in India ranges between ₹4 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5.4k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.