Kotak Mahindra Bank Manager Materials Salaries by 2 Employees

5 - 6 years exp.

₹5.6 Lakhs - ₹7.2 Lakhs

Low Confidence

Salary of majority employees

Fixed (100%)

₹6.4 Lakhs

Variable (0%)

₹0.0

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Salaries in different departments

Customer Success, Service & Operations Manager Materials Salary 5 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr
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Sales & Business Development Manager Materials Salary 6 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr

Last Updated: 27 Oct 2024

Companies similar to Kotak Mahindra Bank for Manager Materials

Company name	Avg Annual Salary	Open Jobs
State Bank of India Manager Materials Salary 0 - 10 years exp. (3 salaries)	₹1 L/yr - ₹10 L/yr 9% more
IndusInd Bank Manager Materials Salary 5 - 7 years exp. (3 salaries)	₹5 L/yr - ₹6.3 L/yr 15% less
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Reliance Industries Manager Materials Salary 4 - 20 years exp. (39 salaries)	₹4.7 L/yr - ₹16 L/yr 54% more
Lufthansa Technik Services India Manager Materials Salary 2 - 10 years exp. (24 salaries)	₹4.2 L/yr - ₹11 L/yr 15% more
Larsen & Toubro Limited Manager Materials Salary 8 - 24 years exp. (22 salaries)	₹10.5 L/yr - ₹25 L/yr 192% more

Manager Materials salary at Kotak Mahindra Bank ranges between ₹5.6 Lakhs to ₹7.2 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindra Bank.

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Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 1 employees for salary & benefits

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

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.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

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.

Skill development - Good

+1 more

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.

Work satisfaction - Bad

+2 more

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.

Job security - Good

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.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Skill development - Poor

+1 more

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Kotak Mahindra Bank Manager Materials Salary FAQs

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

According to AmbitionBox, 50% of the Kotak Mahindra Bank Manager Materialss reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Manager Materials Salaries

Kotak Mahindra Bank Manager Materials salary in India ranges between ₹5.6 Lakhs to ₹7.2 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.