Kotak Mahindra Bank Mumbai Manager 5 Salaries by 3 Employees (Updated 2025)

5 - 8 years exp.

₹3.9 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

75% less than the average Manager 5 Salary in Banking Companies for 5 - 8 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Manager 5 Salary 8 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.2 L/yr
Login to view exact salary
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 in Mumbai

Kotak Mahindra Bank Manager 5 Salary

5 - 8 years exp. (3 salaries)

₹3.9 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Industries Manager 5 Salary 6 - 9 years exp. (3 salaries)	₹16.8 L/yr - ₹23 L/yr 268% 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 in Mumbai

Last Updated: 17 Mar 2023

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

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(3.3k salaries)

₹1.65 L/yr - ₹8 L/yr

Team Lead Salary

(81 salaries)

₹1.8 L/yr - ₹9 L/yr

Project Manager Salary

(48 salaries)

₹5.3 L/yr - ₹19.52 L/yr

Technical Manager Salary

(12 salaries)

₹4.1 L/yr - ₹6.05 L/yr

Test Lead Salary

(3 salaries)

₹12.5 L/yr - ₹25 L/yr

Technical Lead Salary

(3 salaries)

₹33.49 L/yr - ₹34.27 L/yr

Project Lead Salary

(3 salaries)

₹11.7 L/yr - ₹15.5 L/yr

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

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

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

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.

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.

Dislikes

Salary, promortion - these are the worst over here.

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.

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.

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.

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Manager 5 Salary FAQs

What is the notice period for Manager 5 at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Manager 5s in Mumbai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Manager 5 Salaries >
Kotak Mahindra Bank Manager 5 Salaries in Mumbai

Kotak Mahindra Bank Manager 5 salary in Mumbai 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.