Kotak Mahindra Bank Manager 5 Salaries by 3 Employees

5 - 8 years exp.

₹3.9 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

72% less than the average Manager 5 Salary in Banking Companies for 5 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Manager 5 Salary 8 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.2 L/yr
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Finance & Accounting Manager 5 Salary 5 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 17 Mar 2023

Companies similar to Kotak Mahindra Bank for Manager 5

Company name	Avg Annual Salary	Open Jobs
Axis Bank Manager 5 Salary 9 - 12 years exp. (4 salaries)	₹8.3 L/yr - ₹10.3 L/yr 77% more
HDFC Bank Manager 5 Salary 11 - 14 years exp. (3 salaries)	₹7.5 L/yr - ₹7.9 L/yr 45% more
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Capgemini Manager 5 Salary 8 - 15 years exp. (6 salaries)	₹20.1 L/yr - ₹30 L/yr 397% more
Standard Chartered Manager 5 Salary 6 - 12 years exp. (5 salaries)	₹15.5 L/yr - ₹21 L/yr 243% more
TCS Manager 5 Salary 8 - 19 years exp. (5 salaries)	₹13 L/yr - ₹18 L/yr 196% more

Manager 5 salary at Kotak Mahindra Bank ranges between ₹3.9 Lakhs to ₹8 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Manager 5 salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
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8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr

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Salary related reviews for Kotak Mahindra Bank

Operations Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

There is no work pressure its harmful for your future

Job security - Excellent

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

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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I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.

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Kotak Mahindra Bank Manager 5 Salary FAQs

How the salary growth look like for a Manager 5 at Kotak Mahindra Bank in India?

The salary growth for a Manager 5 at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Manager 5 can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
5 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
8 years	₹3.5 Lakhs to ₹4.4 Lakhs per year

and so on.

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Kotak Mahindra Bank Manager 5 Salaries

Kotak Mahindra Bank Manager 5 salary in India ranges between ₹3.9 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.