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

3 - 14 years exp.

₹5 Lakhs - ₹8.8 Lakhs

Salary of majority employees

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)	₹5.5 L/yr - ₹8.8 L/yr
Risk Management & Compliance Manager II Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹7.5 L/yr
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Finance & Accounting Manager II Salary 9 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹8 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)	₹5 L/yr - ₹11 L/yr 52% more
ICICI Bank Manager II Salary 2 - 16 years exp. (401 salaries)	₹8 L/yr - ₹26.2 L/yr 160% more
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Axis Bank Manager II Salary 6 - 13 years exp. (8 salaries)	₹7.2 L/yr - ₹13 L/yr 32% more
IndusInd Bank Manager II Salary 3 - 13 years exp. (6 salaries)	₹4 L/yr - ₹9.6 L/yr 3% more
Yes Bank Manager II Salary 5 - 9 years exp. (4 salaries)	₹5.6 L/yr - ₹7.9 L/yr 9% more
Federal Bank Manager II Salary 4 - 13 years exp. (5 salaries)	₹10 L/yr - ₹21 L/yr 141% more
IDFC FIRST Bank Manager II Salary 1 - 12 years exp. (5 salaries)	₹5.3 L/yr - ₹8.5 L/yr 8% more
Bandhan Bank Manager II Salary 8 - 16 years exp. (6 salaries)	₹7.2 L/yr - ₹11 L/yr 45% more
IDBI Bank Manager II Salary 5 - 15 years exp. (6 salaries)	₹9 L/yr - ₹25 L/yr 114% more
Bank of Baroda Manager II Salary 8 - 12 years exp. (6 salaries)	₹12 L/yr - ₹15 L/yr 110% more
South Indian Bank Manager II Salary 3 - 14 years exp. (5 salaries)	₹11.5 L/yr - ₹15 L/yr 105% more
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Central Bank of India Manager II Salary 7 - 8 years exp. (4 salaries)	₹14 L/yr - ₹17 L/yr 139% more
Union Bank of India Manager II Salary 5 - 7 years exp. (4 salaries)	₹10.3 L/yr - ₹17 L/yr 96% more
Canara Bank Manager II Salary 4 - 6 years exp. (3 salaries)	₹14.5 L/yr - ₹18 L/yr 137% 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.

Experience wise Kotak Mahindra Bank Manager II salaries

Last Updated: 8 Mar 2025

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

View all

Similar Designation salaries in Kotak Mahindra Bank

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Product Manager Salary

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Team Lead Salary

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₹1.5 L/yr - ₹6.76 L/yr

Business Analyst Salary

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₹4.53 L/yr - ₹19 L/yr

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 2 employees for salary & benefits

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

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

see more salary related reviews

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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 ₹8.8 Lakhs per year, depending on experience (from 3 years to 14 years).

The top 10% of Manager II at Kotak Mahindra Bank earn more than ₹8.6 Lakhs per year, and the top 1% earn over ₹8.8 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 ₹49,639 to ₹50,811 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹8.8 Lakhs per year for employees with experience ranging from 3 years to 14 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 ₹11.0 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 ₹11.9 Lakhs per year
4 years	₹5.0 Lakhs to ₹11.9 Lakhs per year
5 years	₹5.0 Lakhs to ₹11.8 Lakhs per year
6 years	₹5.7 Lakhs to ₹11.8 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 ₹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

Associate Vice President in Noida

Deputy Manager Operations in Mumbai

Junior Associate in Thane

Operations Manager in Goregaon

Junior Associate in Coimbatore

Kotak Mahindra Bank Manager II Salary FAQs

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Kotak Mahindra Bank Manager II Salaries by Location