Kotak Mahindra Bank Manager OPS Salaries by 10+ Employees (Updated 2024)

5 - 16 years exp.

₹4.5 Lakhs - ₹9 Lakhs

Salary of majority employees

44% less than the average Manager OPS Salary in Banking Companies for 5 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager OPS Salary 7 - 9 years exp. (6 salaries)	₹4.5 L/yr - ₹6.7 L/yr
Customer Success, Service & Operations Manager OPS Salary 9 - 12 years exp. (5 salaries)	₹6.6 L/yr - ₹8.3 L/yr
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Quality Assurance Manager OPS Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹8.3 L/yr

Last Updated: 20 Aug 2023

Companies similar to Kotak Mahindra Bank for Manager OPS

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager OPS Salary 7 - 15 years exp. (88 salaries)	₹4.8 L/yr - ₹11 L/yr 17% more
ICICI Bank Manager OPS Salary 7 - 16 years exp. (27 salaries)	₹6.8 L/yr - ₹11.5 L/yr 39% more
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Axis Bank Manager OPS Salary 5 - 13 years exp. (85 salaries)	₹4.9 L/yr - ₹12.1 L/yr 14% more
State Bank of India Manager OPS Salary 9 - 13 years exp. (4 salaries)	₹14 L/yr - ₹18 L/yr 135% more
IndusInd Bank Manager OPS Salary 9 - 13 years exp. (5 salaries)	₹3.6 L/yr - ₹6 L/yr 13% less
Yes Bank Manager OPS Salary 5 - 16 years exp. (10 salaries)	₹5.5 L/yr - ₹7 L/yr 3% less
IDFC FIRST Bank Manager OPS Salary 2 - 13 years exp. (10 salaries)	₹6 L/yr - ₹9.4 L/yr 21% more
RBL Bank Manager OPS Salary 5 - 10 years exp. (4 salaries)	₹6 L/yr - ₹7 L/yr 5% less
Bank of America Manager OPS Salary 8 - 21 years exp. (13 salaries)	₹10.5 L/yr - ₹21.5 L/yr 134% more
IDBI Bank Manager OPS Salary 9 - 19 years exp. (7 salaries)	₹14 L/yr - ₹21 L/yr 163% more
Standard Chartered Manager OPS Salary 10 - 21 years exp. (7 salaries)	₹10 L/yr - ₹19.5 L/yr 123% more
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HSBC Global Banking and Markets Manager OPS Salary 6 - 9 years exp. (5 salaries)	₹13.4 L/yr - ₹15.6 L/yr 117% more
Ujjivan Small Finance Bank Manager OPS Salary 5 - 8 years exp. (5 salaries)	₹8 L/yr - ₹8.5 L/yr 24% more
Utkarsh Small Finance Bank Manager OPS Salary 12 - 17 years exp. (5 salaries)	₹8.6 L/yr - ₹9 L/yr 32% more
Barclays Manager OPS Salary 10 - 12 years exp. (3 salaries)	₹8 L/yr - ₹15 L/yr 85% more
Union Bank of India Manager OPS Salary 9 - 13 years exp. (3 salaries)	₹10.5 L/yr - ₹25 L/yr 166% more
NatWest Group Manager OPS Salary 14 - 15 years exp. (3 salaries)	₹11 L/yr - ₹11.7 L/yr 70% more

Manager OPS salary at Kotak Mahindra Bank ranges between ₹4.5 Lakhs to ₹9 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Manager OPS salaries

Last Updated: 20 Aug 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹10.3 L/yr
6 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
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7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹10.9 L/yr
8 years (3 salaries)	₹4.7 L/yr - ₹6.7 L/yr
9 years (3 salaries)	₹4.8 L/yr - ₹7.3 L/yr
10 years (3 salaries)	₹6 L/yr - ₹7.3 L/yr
11 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8.3 L/yr
12 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.3 L/yr
13 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
14 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
15+ years (AmbitionBox Estimate)	₹3 L/yr - ₹9 L/yr

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Salary related reviews for Kotak Mahindra Bank

2.2

Rated by 8 employees for salary & benefits

Manager OPS in Moradabad

Retail Banking Department

5.0

• posted on 23 Dec 2019

2.0

for Salary and Benefits

Likes

... are supportive along with the staff. Bank focus is on business with compliance. Career Growth is good but salary increment is not as per industry standards. Work life balance is best in the industry. Here branch leaders are getting memo for closing branch post 08 pm.

Dislikes

Salary increments

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.

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.

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.

Associate Vice President in Nashik

Full Time

Sales & Business Development Department

5.0

• posted on 22 Nov 2024

2.0

for Salary and Benefits

Likes

Kotak Mahindra Bank is such wonderful Bank to work. Bank having very good peocess and system.

Dislikes

...nd so many people act like they are running bank business like proprietary firm. Need to be appreciated the true hard working employee with salary increments as well.

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.

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What people are saying about Kotak Mahindra Bank

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

2 participants . expiring in 2w

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Kotak Mahindra Bank Manager OPS Salary FAQs

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

Manager OPS salary at Kotak Mahindra Bank in India ranges between ₹4.5 Lakhs to ₹9.0 Lakhs for experience between 5 years to 16 years. According to our estimates it is 44% less than the average Manager OPS Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Manager OPS at Kotak Mahindra Bank is 44% less than the average salary of a Manager OPS in India. To know exact salary insights, login to view.

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

Union Bank of India Manager OPS Salary - ₹10.5 Lakhs to ₹25.0 Lakhs per year
IDBI Bank Manager OPS Salary - ₹14.0 Lakhs to ₹21.0 Lakhs per year
State Bank of India Manager OPS Salary - ₹14.0 Lakhs to ₹18.0 Lakhs per year
Bank of America Manager OPS Salary - ₹10.5 Lakhs to ₹21.5 Lakhs per year
Standard Chartered Manager OPS Salary - ₹10.0 Lakhs to ₹19.5 Lakhs per year

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

HSBC Global Banking and Markets Manager OPS Salary - ₹13.4 Lakhs to ₹15.6 Lakhs per year
Barclays Manager OPS Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
NatWest Group Manager OPS Salary - ₹11.0 Lakhs to ₹11.7 Lakhs per year
ICICI Bank Manager OPS Salary - ₹6.8 Lakhs to ₹11.5 Lakhs per year
Utkarsh Small Finance Bank Manager OPS Salary - ₹8.6 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Manager OPS at Kotak Mahindra Bank ranges between ₹50,292 per month to ₹51,479 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Manager OPS salary in India which ranges between ₹4.5 Lakhs to ₹9.0 Lakhs per year for employees with experience between 5 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 73% of the Kotak Mahindra Bank Manager OPSs reported a notice period of 3 Months, 27% reported a notice period of 1 Month.This is based on 11 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Manager OPS Salaries

Kotak Mahindra Bank Manager OPS salary in India ranges between ₹4.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.