Kotak Mahindra Bank Manager-Banking Salaries by 6 Employees (Updated 2025)

3 - 7 years exp.

₹5.6 Lakhs - ₹7.5 Lakhs

Low Confidence

Salary of majority employees

26% less than the average Manager-Banking Salary in Banking Companies for 3 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager-Banking Salary 4 - 7 years exp. (3 salaries)	₹6.1 L/yr - ₹7.4 L/yr
Finance & Accounting Manager-Banking Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr
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Customer Success, Service & Operations Manager-Banking Salary 3 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr

Last Updated: 21 Jan 2025

Companies similar to Kotak Mahindra Bank for Manager-Banking

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager-Banking Salary 4 - 13 years exp. (10 salaries)	₹6 L/yr - ₹9.8 L/yr 11% more
ICICI Bank Manager-Banking Salary 3 - 14 years exp. (8 salaries)	₹8 L/yr - ₹11.8 L/yr 31% more
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Axis Bank Manager-Banking Salary 6 - 12 years exp. (6 salaries)	₹5.1 L/yr - ₹7.6 L/yr 6% less
State Bank of India Manager-Banking Salary 6 - 11 years exp. (4 salaries)	₹10 L/yr - ₹20 L/yr 149% more
IndusInd Bank Manager-Banking Salary 12 - 19 years exp. (4 salaries)	₹6 L/yr - ₹10.6 L/yr 17% more
Yes Bank Manager-Banking Salary 3 - 8 years exp. (6 salaries)	₹6 L/yr - ₹14.4 L/yr 38% more
Federal Bank Manager-Banking Salary 6 - 9 years exp. (6 salaries)	₹9 L/yr - ₹15 L/yr 94% more
IDFC FIRST Bank Manager-Banking Salary 8 - 13 years exp. (3 salaries)	₹8.2 L/yr - ₹9.8 L/yr 34% more
RBL Bank Manager-Banking Salary 6 - 11 years exp. (4 salaries)	₹7.4 L/yr - ₹11.5 L/yr 29% more
IDBI Bank Manager-Banking Salary 7 - 14 years exp. (8 salaries)	₹12 L/yr - ₹19 L/yr 134% more
South Indian Bank Manager-Banking Salary 7 - 9 years exp. (3 salaries)	₹13 L/yr - ₹18.1 L/yr 140% more
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Bank of Baroda Manager-Banking Salary 7 - 13 years exp. (3 salaries)	₹8.5 L/yr - ₹22 L/yr 135% more

Manager-Banking salary at Kotak Mahindra Bank ranges between ₹5.6 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Manager-Banking salaries

Last Updated: 21 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.5 L/yr
4 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.5 L/yr
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5 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.7 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.4 L/yr
7 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹11.9 L/yr

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Salary related reviews for Kotak Mahindra Bank

3.7

Rated by 2 employees for salary & benefits

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Salary - Good

+1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Skill development - Bad

+3 more

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

Salary - Poor

+4 more

Cluster Head in Shivamogga

Full Time

Other Department

1.0

• posted on 15 Nov 2024

1.0

for Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

Salary - Bad

+6 more

Service Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 05 Feb 2024

1.0

for Salary and Benefits

Likes

All process al very smooth and cooperative staff

Skill development - Excellent

+4 more

Dislikes

Too low salary increament and for promotion BM promote only his dear ones ...person who working hard for bank and vintage staff they simply ignore him while promotion and salary increament

Salary - Bad

+1 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 Manager-Banking Salary FAQs

What is the salary of Manager-Banking at Kotak Mahindra Bank?

Manager-Banking salary at Kotak Mahindra Bank in India ranges between ₹5.6 Lakhs to ₹7.5 Lakhs for experience between 3 years to 7 years. According to our estimates it is 26% less than the average Manager-Banking Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Manager-Banking at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Manager-Banking at Kotak Mahindra Bank is 26% less than the average salary of a Manager-Banking in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Manager-Banking in India?

State Bank of India Manager-Banking Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
South Indian Bank Manager-Banking Salary - ₹13.0 Lakhs to ₹18.1 Lakhs per year
Bank of Baroda Manager-Banking Salary - ₹8.5 Lakhs to ₹22.0 Lakhs per year
IDBI Bank Manager-Banking Salary - ₹12.0 Lakhs to ₹19.0 Lakhs per year
Federal Bank Manager-Banking Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Manager-Banking in companies similar to Kotak Mahindra Bank in India?

Yes Bank Manager-Banking Salary - ₹6.0 Lakhs to ₹14.4 Lakhs per year
IDFC FIRST Bank Manager-Banking Salary - ₹8.2 Lakhs to ₹9.8 Lakhs per year
ICICI Bank Manager-Banking Salary - ₹8.0 Lakhs to ₹11.8 Lakhs per year
RBL Bank Manager-Banking Salary - ₹7.4 Lakhs to ₹11.5 Lakhs per year
IndusInd Bank Manager-Banking Salary - ₹6.0 Lakhs to ₹10.6 Lakhs per year

What is the estimated take home salary of a Manager-Banking at Kotak Mahindra Bank in India?

The estimated take-home salary of a Manager-Banking at Kotak Mahindra Bank ranges between ₹51,459 per month to ₹52,672 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Manager-Banking salary in India which ranges between ₹5.6 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Manager-Banking at Kotak Mahindra Bank?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Manager-Bankings reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Manager-Banking Salaries

Kotak Mahindra Bank Manager-Banking salary in India ranges between ₹5.6 Lakhs to ₹7.5 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.