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

3 - 11 years exp.

₹5 Lakhs - ₹9.9 Lakhs

Salary of majority employees

67% less than the average Manager II Salary in Banking Companies for 3 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager II Salary 3 - 7 years exp. (8 salaries)	₹5.5 L/yr - ₹9.9 L/yr
Finance & Accounting Manager II Salary 6 - 9 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.5 L/yr
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Risk Management & Compliance Manager II Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹6.9 L/yr - ₹7.5 L/yr

Last Updated: 15 Mar 2025

Companies similar to Kotak Mahindra Bank for Manager II

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager II Salary 2 - 16 years exp. (404 salaries)	₹8 L/yr - ₹26.2 L/yr 150% more
HDFC Bank Manager II Salary 3 - 11 years exp. (8 salaries)	₹5 L/yr - ₹10.6 L/yr 40% more
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Axis Bank Manager II Salary 6 - 13 years exp. (8 salaries)	₹7.2 L/yr - ₹13 L/yr 27% more
IDBI Bank Manager II Salary 5 - 15 years exp. (6 salaries)	₹9 L/yr - ₹25 L/yr 106% more
IndusInd Bank Manager II Salary 3 - 13 years exp. (6 salaries)	₹4 L/yr - ₹9.6 L/yr At par
Bandhan Bank Manager II Salary 8 - 16 years exp. (6 salaries)	₹7.2 L/yr - ₹11 L/yr 39% more
Bank of Baroda Manager II Salary 8 - 12 years exp. (6 salaries)	₹12 L/yr - ₹15 L/yr 102% more
South Indian Bank Manager II Salary 3 - 14 years exp. (5 salaries)	₹11.5 L/yr - ₹15 L/yr 97% more
IDFC FIRST Bank Manager II Salary 1 - 12 years exp. (5 salaries)	₹5.3 L/yr - ₹8.5 L/yr 4% more
Federal Bank Manager II Salary 4 - 13 years exp. (5 salaries)	₹10 L/yr - ₹21 L/yr 132% more
Yes Bank Manager II Salary 5 - 9 years exp. (4 salaries)	₹5.6 L/yr - ₹7.9 L/yr 5% more
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Central Bank of India Manager II Salary 7 - 8 years exp. (4 salaries)	₹14 L/yr - ₹17 L/yr 130% more
Union Bank of India Manager II Salary 5 - 7 years exp. (4 salaries)	₹10.3 L/yr - ₹17 L/yr 88% more
Canara Bank Manager II Salary 4 - 6 years exp. (3 salaries)	₹14.5 L/yr - ₹18 L/yr 129% more

Manager II salary at Kotak Mahindra Bank ranges between ₹5 Lakhs to ₹9.9 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 17 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Manager II salaries

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
4 years (4 salaries)	₹5 L/yr - ₹12 L/yr
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5 years (3 salaries)	₹5 L/yr - ₹8.3 L/yr
6 years (3 salaries)	₹5.7 L/yr - ₹9.5 L/yr
7 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
8 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
11 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8.5 L/yr

Associate Vice President Salary

(1.5k salaries)

₹9.7 L/yr - ₹36 L/yr

Chief Manager Salary

(855 salaries)

₹7.5 L/yr - ₹27 L/yr

Junior Associate Salary

(844 salaries)

₹1 L/yr - ₹4 L/yr

Sales Executive Salary

(801 salaries)

₹1 L/yr - ₹5 L/yr

Assistant Acquisition Manager Salary

(737 salaries)

₹1.3 L/yr - ₹4.5 L/yr

Relationship Officer Salary

(671 salaries)

₹2 L/yr - ₹6.5 L/yr

Product Manager Salary

(553 salaries)

₹6.45 L/yr - ₹28 L/yr

Team Lead Salary

(423 salaries)

₹1.5 L/yr - ₹6.76 L/yr

Business Analyst Salary

(311 salaries)

₹4.56 L/yr - ₹19 L/yr

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 2 employees for salary & benefits

Relationship Officer in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

On time salary

Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

Salary - Poor

+4 more

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+2 more

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

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank

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 II Salary FAQs

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

The average salary of a Manager II at Kotak Mahindra Bank in India typically ranges from ₹5.0 Lakhs to ₹9.9 Lakhs per year, depending on experience (from 3 years to 11 years).

The top 10% of Manager II at Kotak Mahindra Bank earn more than ₹9.3 Lakhs per year, and the top 1% earn over ₹9.9 Lakhs per year. Manager II Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Kotak Mahindra Bank employees in India.

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 in India typically ranges from ₹51,654 to ₹52,872 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹9.9 Lakhs per year for employees with experience ranging from 3 years to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Mahindra Bank for Manager II in India?

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

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.

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

The salary of a Manager II at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bank of Baroda	₹12.0 Lakhs to ₹15.0 Lakhs per year
South Indian Bank	₹11.5 Lakhs to ₹15.0 Lakhs per year
Union Bank of India	₹10.3 Lakhs to ₹17.0 Lakhs per year
HDFC Bank	₹5.0 Lakhs to ₹10.6 Lakhs per year
Bandhan Bank	₹7.2 Lakhs to ₹11.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
3 years	₹6.0 Lakhs to ₹7.6 Lakhs per year
4 years	₹5.0 Lakhs to ₹12.0 Lakhs per year
5 years	₹5.0 Lakhs to ₹8.3 Lakhs per year
6 years	₹5.7 Lakhs to ₹9.5 Lakhs per year

and so on.

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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 ₹9.9 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

Relationship Officer in Visakhapatnam

Associate Vice President in Noida

Deputy Manager Operations in Mumbai

Junior Associate in Thane

Operations Manager in Goregaon

Kotak Mahindra Bank Manager II Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Manager II Salaries by Location