Kotak Mahindra Bank Manager II Salaries by 10+ Employees (Updated 2025)

3 - 14 years exp.

₹5 Lakhs - ₹8.8 Lakhs

Salary of majority employees

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68% less than the average Manager II Salary in Banking Companies for 3 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager II Salary 3 - 12 years exp. (7 salaries)	Unlock ₹5.5 L/yr - ₹8.8 L/yr
Risk Management & Compliance Manager II Salary 10 - 11 years exp. (AmbitionBox Estimate)	Unlock ₹7.3 L/yr - ₹8.2 L/yr
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Finance & Accounting Manager II Salary 9 years exp. (AmbitionBox Estimate)	Unlock ₹8 L/yr - ₹8.6 L/yr

Last Updated: 8 Mar 2025

Companies similar to Kotak Mahindra Bank for Manager II

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager II Salary 3 - 11 years exp. (8 salaries)	Unlock ₹5 L/yr - ₹11 L/yr 51% more
ICICI Bank Manager II Salary 2 - 16 years exp. (402 salaries)	Unlock ₹8 L/yr - ₹26.2 L/yr 159% more
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Axis Bank Manager II Salary 6 - 13 years exp. (8 salaries)	Unlock ₹7.2 L/yr - ₹13 L/yr 32% more
IndusInd Bank Manager II Salary 3 - 13 years exp. (6 salaries)	Unlock ₹4 L/yr - ₹9.6 L/yr 3% more
Yes Bank Manager II Salary 5 - 9 years exp. (4 salaries)	Unlock ₹5.6 L/yr - ₹7.9 L/yr 8% more
Federal Bank Manager II Salary 4 - 13 years exp. (5 salaries)	Unlock ₹10 L/yr - ₹21 L/yr 140% more
IDFC FIRST Bank Manager II Salary 1 - 12 years exp. (5 salaries)	Unlock ₹5.3 L/yr - ₹8.5 L/yr 7% more
Bandhan Bank Manager II Salary 8 - 16 years exp. (6 salaries)	Unlock ₹7.2 L/yr - ₹11 L/yr 44% more
IDBI Bank Manager II Salary 5 - 15 years exp. (6 salaries)	Unlock ₹9 L/yr - ₹25 L/yr 113% more
Bank of Baroda Manager II Salary 8 - 12 years exp. (6 salaries)	Unlock ₹12 L/yr - ₹15 L/yr 109% more
South Indian Bank Manager II Salary 3 - 14 years exp. (5 salaries)	Unlock ₹11.5 L/yr - ₹15 L/yr 104% more
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Central Bank of India Manager II Salary 7 - 8 years exp. (4 salaries)	Unlock ₹14 L/yr - ₹17 L/yr 138% more
Union Bank of India Manager II Salary 5 - 7 years exp. (4 salaries)	Unlock ₹10.3 L/yr - ₹17 L/yr 95% more
Canara Bank Manager II Salary 4 - 6 years exp. (3 salaries)	Unlock ₹14.5 L/yr - ₹18 L/yr 136% more

Manager II salary at Kotak Mahindra Bank ranges between ₹5 Lakhs to ₹8.8 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 17 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Manager II

3d ago

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5 years exp.

2mo ago

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14 years exp.

6mo ago

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13 years exp.

6mo ago

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9 years exp.

7mo ago

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11 years exp.

8mo ago

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4 years exp.

9mo ago

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10 years exp.

1y ago

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5 years exp.

1y ago

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10 years exp.

1y ago

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3 years exp.

Experience wise Kotak Mahindra Bank Manager II salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹6 L/yr - ₹12 L/yr
4 years (4 salaries)	Unlock ₹5 L/yr - ₹11.9 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹11.9 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹5.7 L/yr - ₹11.8 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹5.9 L/yr - ₹7.5 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹5.9 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹6.5 L/yr - ₹7.3 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹8.8 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹8.8 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹8.1 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹8.1 L/yr

View all

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Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 2 employees for salary & benefits

Deputy Manager Operations in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 19 Nov 2024

2.0

for Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

Salary - Poor

+4 more

Junior Associate in Thane

Full Time

Other Department

5.0

• posted on 12 Nov 2024

5.0

for Salary and Benefits

Likes

62% of Kotak Mahindra Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Kotak Mahindra Bank 3.3 out of 5 for work life balance, 3.5 for culture and values and 3.6 for career opportunities.

Salary - Excellent

+6 more

Dislikes

Some say there is no work-life balance, and that employees work long hours, including on holidays Salary: Some say that salaries are low Management: Some say that management is bad and that rules are not followed Company politics: Some say that company politics and policies are an issue Targets: Some say that targets are high, but the services are not good Working culture: Some say that the working culture is not good

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

Junior Associate in Coimbatore

Full Time

Sales & Business Development Department

3.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

I'm working from kotak 2021to still, it's more comfortable office to me with supportive team and management

Skill development - Excellent

+3 more

Dislikes

Actually I'm working at kotak for past 3 years when I join here my salary monthly 12000 , 3 years gone and also march 2023 I got promotion as a team leader, I given good support to my team also given good business but still I didn't get hike and 12000 only I'm getting. So i need salary improvement for my effective work and do the needful

Salary - Bad

+1 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

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Kotak Mahindra Bank Manager II Salary FAQs

What is the salary of Manager II at Kotak Mahindra Bank?

Manager II salary at Kotak Mahindra Bank in India ranges between ₹5.0 Lakhs to ₹8.8 Lakhs for experience between 3 years to 14 years. According to our estimates it is 68% less than the average Manager II Salary in India. Salary estimates are based on 17 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Manager II at Kotak Mahindra Bank is 68% less than the average salary of a Manager II in India. To know exact salary insights, login to view.

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

ICICI Bank Manager II Salary - ₹8.0 Lakhs to ₹26.2 Lakhs per year
Federal Bank Manager II Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
Central Bank of India Manager II Salary - ₹14.0 Lakhs to ₹17.0 Lakhs per year
Canara Bank Manager II Salary - ₹14.5 Lakhs to ₹18.0 Lakhs per year
IDBI Bank Manager II Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year

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

Bank of Baroda Manager II Salary - ₹12.0 Lakhs to ₹15.0 Lakhs per year
South Indian Bank Manager II Salary - ₹11.5 Lakhs to ₹15.0 Lakhs per year
Union Bank of India Manager II Salary - ₹10.3 Lakhs to ₹17.0 Lakhs per year
HDFC Bank Manager II Salary - ₹5.0 Lakhs to ₹11.0 Lakhs per year
Bandhan Bank Manager II Salary - ₹7.2 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Manager II at Kotak Mahindra Bank ranges between ₹49,848 per month to ₹51,025 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Manager II salary in India which ranges between ₹5.0 Lakhs to ₹8.8 Lakhs per year for employees with experience between 3 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Kotak Mahindra Bank Manager IIs reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Manager II Salaries by Location

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Kotak Mahindra Bank Manager II Salaries

Kotak Mahindra Bank Manager II salary in India ranges between ₹5 Lakhs to ₹8.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Manager II salaries in India (Updated 2025)

Companies similar to Kotak Mahindra Bank for Manager II

Latest annual salaries shared by Kotak Mahindra Bank Manager II

Experience wise Kotak Mahindra Bank Manager II salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Deputy Manager Operations in Mumbai

Junior Associate in Thane

Operations Manager in Goregaon

Junior Associate in Coimbatore

Assistant Vice President in Ernakulam

Kotak Mahindra Bank Manager II Salary FAQs

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Kotak Mahindra Bank Manager II Salaries by Location