Kotak Mahindra Bank New Delhi Manager Salaries by 700+ Employees (Updated 2025)

0 - 15 years exp.

₹4 Lakhs - ₹13 Lakhs

Salary of majority employees

51% less than the average Manager Salary in Banking Companies for 0 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 0 - 15 years exp. (326 salaries)	₹3.4 L/yr - ₹12 L/yr
Customer Success, Service & Operations Manager Salary 0 - 13 years exp. (121 salaries)	₹3.2 L/yr - ₹12.5 L/yr
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Sales & Business Development Manager Salary 0 - 14 years exp. (96 salaries)	₹4.2 L/yr - ₹12 L/yr
Finance & Accounting Manager Salary 0 - 13 years exp. (63 salaries)	₹5 L/yr - ₹12 L/yr
Marketing & Communication Manager Salary 2 - 13 years exp. (22 salaries)	₹4.5 L/yr - ₹9 L/yr

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Last Updated: 15 Jan 2025

Companies similar to Kotak Mahindra Bank for Manager in New Delhi

Kotak Mahindra Bank Manager Salary

0 - 15 years exp. (764 salaries)

₹4 L/yr - ₹13 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹5.2 L/yr - ₹16 L/yr 18% more
ICICI Bank Manager Salary 0 - 18 years exp. (448 salaries)	₹5.2 L/yr - ₹20.4 L/yr 48% more	2 job openings
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Axis Bank Manager Salary 0 - 17 years exp. (839 salaries)	₹5 L/yr - ₹13.5 L/yr 20% more	1 job opening
State Bank of India Manager Salary 6 - 16 years exp. (40 salaries)	₹11.5 L/yr - ₹40 L/yr 192% more
Yes Bank Manager Salary 0 - 17 years exp. (456 salaries)	₹4.5 L/yr - ₹14 L/yr 8% more
IndusInd Bank Manager Salary 0 - 15 years exp. (278 salaries)	₹3.3 L/yr - ₹12.5 L/yr 10% less	1 job opening
IDFC FIRST Bank Manager Salary 0 - 14 years exp. (159 salaries)	₹4 L/yr - ₹14.8 L/yr 5% more
RBL Bank Manager Salary 2 - 14 years exp. (128 salaries)	₹5 L/yr - ₹12.1 L/yr 6% more
Federal Bank Manager Salary 4 - 13 years exp. (31 salaries)	₹8 L/yr - ₹22 L/yr 101% more
Punjab National Bank Manager Salary 3 - 11 years exp. (37 salaries)	₹8 L/yr - ₹27 L/yr 111% more
IDBI Bank Manager Salary 6 - 17 years exp. (95 salaries)	₹8.5 L/yr - ₹27 L/yr 150% more
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Bandhan Bank Manager Salary 1 - 14 years exp. (57 salaries)	₹3.7 L/yr - ₹12 L/yr 9% more
Bank of Baroda Manager Salary 5 - 13 years exp. (52 salaries)	₹8 L/yr - ₹23 L/yr 111% more
Canara Bank Manager Salary 6 - 13 years exp. (43 salaries)	₹7.1 L/yr - ₹22 L/yr 100% more
Union Bank of India Manager Salary 6 - 13 years exp. (34 salaries)	₹7.5 L/yr - ₹25 L/yr 95% more
Jana Small Finance Bank Manager Salary 3 - 15 years exp. (24 salaries)	₹4.3 L/yr - ₹11.4 L/yr 14% less
Paytm Payments Bank Manager Salary 2 - 13 years exp. (20 salaries)	₹9 L/yr - ₹29 L/yr 135% more
South Indian Bank Manager Salary 6 - 14 years exp. (18 salaries)	₹10.5 L/yr - ₹23 L/yr 121% more
UCO Bank Manager Salary 5 - 11 years exp. (15 salaries)	₹7 L/yr - ₹15 L/yr 56% more
Shinhan Bank Manager Salary 4 - 10 years exp. (14 salaries)	₹6 L/yr - ₹13.5 L/yr 20% more

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Manager salary at Kotak Mahindra Bank ranges between ₹4 Lakhs to ₹13 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 764 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Manager salaries in New Delhi

Last Updated: 15 Jan 2025

Experience	Avg Annual Salary
Fresher (8 salaries)	₹5.3 L/yr - ₹9 L/yr
1 year (13 salaries)	₹5.5 L/yr - ₹10.6 L/yr
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2 years (29 salaries)	₹4.7 L/yr - ₹13 L/yr
3 years (50 salaries)	₹4.3 L/yr - ₹12 L/yr
4 years (101 salaries)	₹3.3 L/yr - ₹12 L/yr
5 years (115 salaries)	₹3.2 L/yr - ₹12 L/yr
6 years (97 salaries)	₹3.4 L/yr - ₹12.5 L/yr
7 years (83 salaries)	₹3 L/yr - ₹12.9 L/yr
8 years (89 salaries)	₹3 L/yr - ₹12 L/yr
9 years (59 salaries)	₹4.9 L/yr - ₹10 L/yr
10 years (40 salaries)	₹4.6 L/yr - ₹10 L/yr
11 years (33 salaries)	₹4.3 L/yr - ₹11.3 L/yr
12 years (25 salaries)	₹4.3 L/yr - ₹12 L/yr
13 years (13 salaries)	₹4.3 L/yr - ₹11.3 L/yr
14 years (4 salaries)	₹5.4 L/yr - ₹9.4 L/yr
15+ years (5 salaries)	₹5.6 L/yr - ₹8.1 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(1.6k salaries)

₹2 L/yr - ₹8 L/yr

Credit Manager Salary

(156 salaries)

₹4.01 L/yr - ₹14 L/yr

Senior Associate Salary

(21 salaries)

₹2.2 L/yr - ₹3.7 L/yr

Management Trainee Salary

(9 salaries)

₹7 L/yr - ₹17 L/yr

Associate Director Salary

(6 salaries)

₹30.15 L/yr - ₹45.5 L/yr

Top skills at Kotak Mahindra Bank for Manager

Relationship Management Talent Acquisition Sales Marketing Customer Service

Salary related reviews for Kotak Mahindra Bank

3.2

Rated by 50 employees for salary & benefits

Manager in New Delhi

Full Time

SME WORKING CAPITAL Department

2.0

• posted on 14 Nov 2021

2.0

for Salary and Benefits

Likes

Initial they give high compensation at time of Joining but later on approx nil hike

Dislikes

Long working hours u have to work on Saturday and Sunday, lack of digitalisation, rude managers with no support, complicated process,

Manager in New Delhi

BFSI, Investments & Trading Department

1.0

• posted on 11 Jun 2018

1.0

for Salary and Benefits

Likes

See if want to do a job then Kotak Mahindra bank is the best bank. But don't expect salary hike,there is no KRA. KRA always change like session. You want promotion then you should know how to do buttering. The best part of Kotak the cashier salary and gun man salary is equal. Yes for designation don't wory office boy join in Assistant manager grade. So you can imagine IN KOTAK branch and chair is AVP AND VP.

Dislikes

This is lala company. They don't have any ethics. Main part gun man and cashier are same salary. They distribute designation free of cost. Office boy is assistant manager.. no Carrier growth.main and important. Kotak bank never ever think about his employee. No family value. In employee friendly if you ask me then I will give -10000000 mark

Manager in Howrah

Full Time

Sales & Business Development Department

1.0

• posted on 07 Aug 2024

5.0

for Salary and Benefits

Likes

Salary and benefits

Dislikes

Job security are not there they're just hired and not given time to understand the process and not given time to get relationship with customer and fired they're expecting immediate results.from existing organisation.manager are not helpful.not action oriented toward stuff's problem.

Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 06 May 2023

2.0

for Salary and Benefits

Likes

Better place to work for fresher to start their career For women for work life balance

Dislikes

... completing 3 years or while retaining an employee not on basis of performance A good package will be offered to new joinees but old joinees salary won't be corrected.

Manager in Noida

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 12 Jul 2021

1.0

for Salary and Benefits

Likes

No good environment n cultural is average yes huge cafeteria no chilling bcos of sales huge pressure on life insurance n general insurance that's the reason employee not focusing on core business morning evening li li li gi gi gi I think kotak was not going on kotak bank focous on kotak life insurance business that is the reason employee alteration rasio huge

Dislikes

I m working in kotak last 12 years My salary not decent slow career growth no salary increase and management not address my issue only our growth and left the organisation

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank Manager Salary FAQs

What is the salary of Manager at Kotak Mahindra Bank New Delhi?

Manager salary at Kotak Mahindra Bank in New Delhi ranges between ₹4.0 Lakhs to ₹13.0 Lakhs for less than 1 year of experience to 15 years. According to our estimates it is 51% less than the average Manager Salary in India. Salary estimates are based on 764 latest salaries received from various employees of Kotak Mahindra Bank New Delhi.

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

The average salary of a Manager at Kotak Mahindra Bank is 51% less than the average salary of a Manager in New Delhi. To know exact salary insights, login to view.

What are the top skills required to work as a Manager at Kotak Mahindra Bank?

Relationship Management, Talent Acquisition, Sales, Marketing and Customer Service are some of the popular skills required to work as a Manager at Kotak Mahindra Bank New Delhi.

Which similar companies are paying more than Kotak Mahindra Bank to a Manager in New Delhi?

State Bank of India Manager Salary - ₹11.5 Lakhs to ₹40.0 Lakhs per year
IDBI Bank Manager Salary - ₹8.5 Lakhs to ₹27.0 Lakhs per year
Paytm Payments Bank Manager Salary - ₹9.0 Lakhs to ₹29.0 Lakhs per year
South Indian Bank Manager Salary - ₹10.5 Lakhs to ₹23.0 Lakhs per year
Bank of Baroda Manager Salary - ₹8.0 Lakhs to ₹23.0 Lakhs per year

What is the salary of a Manager in companies similar to Kotak Mahindra Bank in New Delhi?

Punjab National Bank Manager Salary - ₹8.0 Lakhs to ₹27.0 Lakhs per year
HSBC Global Banking and Markets Manager Salary - ₹9.9 Lakhs to ₹20.0 Lakhs per year
Federal Bank Manager Salary - ₹8.0 Lakhs to ₹22.0 Lakhs per year
Canara Bank Manager Salary - ₹7.1 Lakhs to ₹22.0 Lakhs per year
Union Bank of India Manager Salary - ₹7.5 Lakhs to ₹25.0 Lakhs per year

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

The estimated take-home salary of a Manager at Kotak Mahindra Bank ranges between ₹58,923 per month to ₹60,410 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindra Bank Manager salary in India which ranges between ₹4.0 Lakhs to ₹13.0 Lakhs per year for employees with less than 1 year of experience to 15 years. Check how did we calculate take home salary?

What is the notice period for Manager at Kotak Mahindra Bank in New Delhi?

According to AmbitionBox, 70% of the Kotak Mahindra Bank Managers in New Delhi reported a notice period of 3 Months, 24% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 354 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Manager Salaries in New Delhi

Kotak Mahindra Bank Manager salary in New Delhi ranges between ₹4 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 764 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Manager salaries in New Delhi

Companies similar to Kotak Mahindra Bank for Manager in New Delhi

Latest annual salaries shared by Kotak Mahindra Bank Manager in New Delhi

Experience wise Kotak Mahindra Bank Manager salaries in New Delhi

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Manager

Salary related reviews for Kotak Mahindra Bank

Manager in New Delhi

Manager in New Delhi

Manager in Howrah

Manager in Goregaon

Manager in Noida

Kotak Mahindra Bank Manager Salary FAQs

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