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Kotak Mahindra Bank Manager salaries in New Delhi (Updated 2025)

Annual salary range
0 - 16 years exp.
₹4 Lakhs - ₹14 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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52% less than the average Manager Salary in Banking Companies for 0 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
0 - 15 years exp. (324 salaries)
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₹3.5 L/yr - ₹12.5 L/yr

Customer Success, Service & Operations
Manager Salary
0 - 16 years exp. (127 salaries)
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₹3.2 L/yr - ₹12.5 L/yr

Sales & Business Development
Manager Salary
0 - 14 years exp. (98 salaries)
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₹4.4 L/yr - ₹13.9 L/yr

Finance & Accounting
Manager Salary
0 - 13 years exp. (68 salaries)
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₹5.4 L/yr - ₹12 L/yr

Marketing & Communication
Manager Salary
2 - 13 years exp. (21 salaries)
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₹4.5 L/yr - ₹9 L/yr

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Last Updated: 6 Apr 2025

Companies similar to Kotak Mahindra Bank for Manager in New Delhi

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Kotak Mahindra Bank Manager Salary

0 - 16 years exp. (783 salaries)

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₹4 L/yr - ₹14 L/yr

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Company name Avg Annual Salary Open Jobs
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HDFC Bank Manager Salary

0 - 18 years exp. (1.6k salaries)

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₹5.2 L/yr - ₹17 L/yr

arrow icon 19% more
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Axis Bank Manager Salary

0 - 17 years exp. (838 salaries)

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₹4 L/yr - ₹13.7 L/yr

arrow icon 21% more
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Yes Bank Manager Salary

0 - 17 years exp. (462 salaries)

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₹4.5 L/yr - ₹14.8 L/yr

arrow icon 7% more
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ICICI Bank Manager Salary

0 - 18 years exp. (442 salaries)

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₹5.1 L/yr - ₹18 L/yr

arrow icon 50% more
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IndusInd Bank Manager Salary

0 - 16 years exp. (290 salaries)

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₹3.6 L/yr - ₹12.5 L/yr

arrow icon 8% less
3 job openings
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IDFC FIRST Bank Manager Salary

1 - 14 years exp. (162 salaries)

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₹4 L/yr - ₹14.8 L/yr

arrow icon 6% more
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RBL Bank Manager Salary

2 - 14 years exp. (129 salaries)

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₹5 L/yr - ₹12 L/yr

arrow icon 6% more
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IDBI Bank Manager Salary

6 - 17 years exp. (99 salaries)

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₹8.2 L/yr - ₹29 L/yr

arrow icon 154% more
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Canara Bank Manager Salary

4 - 13 years exp. (54 salaries)

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₹7.7 L/yr - ₹25 L/yr

arrow icon 109% more
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Bandhan Bank Manager Salary

3 - 14 years exp. (51 salaries)

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₹3.6 L/yr - ₹12 L/yr

arrow icon 11% more
View all
Manager salary at Kotak Mahindra Bank ranges between ₹4 Lakhs to ₹14 Lakhs per year for employees with less than 1 year of experience to 16 years. Salary estimates are based on 783 latest salaries received from various employees of Kotak Mahindra Bank.

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

2d ago
₹7.5 Lakhs
5 years exp.
2d ago
₹8 Lakhs
4 years exp.
2d ago
₹7.7 Lakhs
6 years exp.
4d ago
₹5.5 Lakhs
5 years exp.
4d ago
₹7.5 Lakhs
4 years exp.
5d ago
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4 years exp.
1w ago
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9 years exp.
1w ago
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6 years exp.
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5 months exp.
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9 years exp.

Experience wise Kotak Mahindra Bank Manager salaries in New Delhi

Last Updated: 6 Apr 2025

Experience Avg Annual Salary
Fresher  (9 salaries)

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₹5.3 L/yr - ₹10 L/yr
1 year  (13 salaries)

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₹5.5 L/yr - ₹10.6 L/yr
2 years  (31 salaries)

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₹4.9 L/yr - ₹13 L/yr
3 years  (52 salaries)

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₹4.3 L/yr - ₹13 L/yr
4 years  (98 salaries)

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₹3.2 L/yr - ₹12 L/yr
View all
Kotak Mahindra Bank Manager Salary and Career Growth

From

To

Manager

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0 - 16 years exp.

Senior Vice President

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15 - 24 years exp.

Manager

0 - 16 years exp.
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Senior Manager

2 - 19 years exp.
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arrow icon 56% hike

Associate Vice President

3 - 21 years exp.
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arrow icon 64% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(1.6k salaries)
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₹2 L/yr - ₹8.5 L/yr
Credit Manager Salary
(155 salaries)
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₹4.45 L/yr - ₹15.4 L/yr
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₹2.2 L/yr - ₹3.7 L/yr
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₹5.6 L/yr - ₹17 L/yr
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₹30.15 L/yr - ₹53 L/yr
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₹3.5 L/yr - ₹7.15 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

3.0

Rated by 55 employees for salary & benefits

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

read more

Dislikes

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

read more
  • Salary - Poor
  • +2 more

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.

read more
  • Job security - Good

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

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 07 Aug 2024

5.0
 for  Salary and Benefits

Likes

Salary and benefits

  • Salary - Excellent

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.

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  • Skill development - Bad
  • +4 more

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

  • Skill development - Good
  • +4 more

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.

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  • Salary - Poor
  • +1 more

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

read more
  • Skill development - Good

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

read more
  • Salary - Bad
  • +1 more
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Kotak Mahindra Bank Manager Salary FAQs

What is the salary of Manager at Kotak Mahindra Bank in New Delhi?
The average salary of a Manager at Kotak Mahindra Bank in New Delhi typically ranges from ₹4.0 Lakhs to ₹14.0 Lakhs per year, depending on experience (from Fresher to 16 years).

The top 10% of Manager in New Delhi at Kotak Mahindra Bank earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹12.3 Lakhs per year. Manager 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 700+ Kotak Mahindra Bank employees in India.
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 in New Delhi typically ranges from ₹58,838 to ₹60,322 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from Fresher to 16 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 700+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Manager at Kotak Mahindra Bank in New Delhi?
To be a Manager at Kotak Mahindra Bank in New Delhi, the key skills required include:

  • - Relationship Management
  • - Talent Acquisition
  • - Sales
  • - Marketing
  • - Customer Service

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindra Bank for Manager in India?
IDBI Bank ₹8.2 Lakhs to ₹29.0 Lakhs per year
Paytm Payments Bank ₹9.0 Lakhs to ₹30.0 Lakhs per year
South Indian Bank ₹10.5 Lakhs to ₹23.0 Lakhs per year
Bank of Baroda ₹8.0 Lakhs to ₹23.0 Lakhs per year
Canara Bank ₹7.7 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 in companies similar to Kotak Mahindra Bank in New Delhi?
The salary of a Manager at companies similar to Kotak Mahindra Bank in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Union Bank of India ₹7.1 Lakhs to ₹25.0 Lakhs per year
Federal Bank ₹8.0 Lakhs to ₹22.0 Lakhs per year
HSBC Global Banking and Markets ₹9.9 Lakhs to ₹20.0 Lakhs per year
Karur Vysya Bank ₹10.0 Lakhs to ₹19.0 Lakhs per year
UCO Bank ₹7.0 Lakhs to ₹18.0 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 at Kotak Mahindra Bank in New Delhi?
The salary growth for a Manager at Kotak Mahindra Bank in New Delhi depends on factors such as experience, performance, and promotions. On average, a Manager in New Delhi can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
Fresher ₹5.3 Lakhs to ₹10.0 Lakhs per year
1 year ₹5.5 Lakhs to ₹10.6 Lakhs per year
2 years ₹4.9 Lakhs to ₹13.0 Lakhs per year
3 years ₹4.3 Lakhs to ₹13.0 Lakhs per year
and so on.

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Kotak Mahindra Bank Manager salary in New Delhi ranges between ₹4 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 783 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.