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Kotak Mahindra Bank Operations Manager salaries in India

Annual salary range
3 - 13 years exp.
₹2 Lakhs - ₹10 Lakhs
Salary of majority employees
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Fixed (100%)
₹6.6 Lakhs
Variable (0%)
₹0.0
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39% less than the average Operations Manager Salary in Banking Companies for 3 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Operations Manager Salary
3 - 13 years exp. (116 salaries)
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₹2.8 L/yr - ₹12 L/yr

Customer Success, Service & Operations
Operations Manager Salary
3 - 13 years exp. (49 salaries)
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₹2 L/yr - ₹9.8 L/yr

Finance & Accounting
Operations Manager Salary
3 - 11 years exp. (23 salaries)
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₹2.5 L/yr - ₹9 L/yr

Risk Management & Compliance
Operations Manager Salary
5 - 13 years exp. (9 salaries)
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₹5.9 L/yr - ₹10 L/yr

Marketing & Communication
Operations Manager Salary
3 - 11 years exp. (7 salaries)
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₹3.2 L/yr - ₹7.5 L/yr

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Last Updated: 13 Feb 2025

Companies similar to Kotak Mahindra Bank for Operations Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Operations Manager Salary

0 - 18 years exp. (701 salaries)

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₹2.8 L/yr - ₹12 L/yr

arrow icon 15% more
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ICICI Bank Operations Manager Salary

0 - 13 years exp. (522 salaries)

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₹2.2 L/yr - ₹11.5 L/yr

arrow icon 1% more
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Axis Bank Operations Manager Salary

3 - 14 years exp. (476 salaries)

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₹2.8 L/yr - ₹12.5 L/yr

arrow icon 15% more
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State Bank of India Operations Manager Salary

3 - 31 years exp. (9 salaries)

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₹12 L/yr - ₹20 L/yr

arrow icon 127% more
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Yes Bank Operations Manager Salary

1 - 16 years exp. (158 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 19% more
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IndusInd Bank Operations Manager Salary

1 - 12 years exp. (146 salaries)

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₹2 L/yr - ₹10.2 L/yr

arrow icon 21% less
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IDFC FIRST Bank Operations Manager Salary

1 - 11 years exp. (238 salaries)

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₹3.3 L/yr - ₹11.5 L/yr

arrow icon 10% more
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RBL Bank Operations Manager Salary

4 - 13 years exp. (87 salaries)

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₹3.8 L/yr - ₹11.5 L/yr

arrow icon 2% less
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Federal Bank Operations Manager Salary

3 - 12 years exp. (10 salaries)

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₹5 L/yr - ₹16 L/yr

arrow icon 87% more
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₹4.5 L/yr - ₹12 L/yr

arrow icon 43% more
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₹1.8 L/yr - ₹8 L/yr

arrow icon 41% less
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₹2.8 L/yr - ₹10 L/yr

arrow icon 21% less
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IDBI Bank Operations Manager Salary

6 - 15 years exp. (41 salaries)

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₹6 L/yr - ₹23 L/yr

arrow icon 124% more
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Bandhan Bank Operations Manager Salary

3 - 10 years exp. (46 salaries)

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₹2.5 L/yr - ₹9.5 L/yr

arrow icon 12% less
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₹8.5 L/yr - ₹19.2 L/yr

arrow icon 136% more
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₹2.5 L/yr - ₹8.2 L/yr

arrow icon 17% less
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Bank of Baroda Operations Manager Salary

8 - 13 years exp. (18 salaries)

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₹10 L/yr - ₹18 L/yr

arrow icon 98% more
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Karur Vysya Bank Operations Manager Salary

1 - 13 years exp. (10 salaries)

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₹2.7 L/yr - ₹7.7 L/yr

arrow icon 18% less
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Paytm Payments Bank Operations Manager Salary

3 - 11 years exp. (9 salaries)

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₹3.9 L/yr - ₹13 L/yr

arrow icon 31% more
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City Union Bank Operations Manager Salary

2 - 6 years exp. (7 salaries)

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₹4.8 L/yr - ₹9.5 L/yr

arrow icon 13% less
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Operations Manager salary at Kotak Mahindra Bank ranges between ₹2 Lakhs to ₹10 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 259 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Operations Manager

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Experience wise Kotak Mahindra Bank Operations Manager salaries

Last Updated: 13 Feb 2025

Experience Avg Annual Salary
3 years  (16 salaries)

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₹2 L/yr - ₹7.5 L/yr
4 years  (17 salaries)

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₹3 L/yr - ₹8 L/yr
5 years  (26 salaries)

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₹2.6 L/yr - ₹9 L/yr
6 years  (33 salaries)

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₹3.5 L/yr - ₹10 L/yr
7 years  (26 salaries)

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₹2.5 L/yr - ₹8 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

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₹1.5 L/yr - ₹10 L/yr
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₹5.2 L/yr - ₹15.25 L/yr
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₹2.8 L/yr - ₹4.92 L/yr
Service Manager Salary
(215 salaries)
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₹2 L/yr - ₹13.06 L/yr
Team Manager Salary
(121 salaries)
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₹1.3 L/yr - ₹10.17 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Branch Manager Salary
(1k salaries)
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₹7 L/yr - ₹25.56 L/yr
Area Manager Salary
(102 salaries)
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₹7.03 L/yr - ₹27.02 L/yr
Deputy Manager Salary
(11.3k salaries)
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₹1.65 L/yr - ₹8.5 L/yr
Program Manager Salary
(10 salaries)
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₹7 L/yr - ₹20 L/yr

Top skills at Kotak Mahindra Bank for Operations Manager

Operations Management Operations Auto Loans Recovery Operations Trade Finance Ca Office Coordination Commercial Operations Finance Payroll Team Handling Billing Back Office Branch Management Calling

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 67 employees for salary & benefits

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

read more
  • Salary - Bad
  • +5 more

BFSI, Investments & Trading Department

5.0
  •  posted on 06 May 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

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.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 02 Jul 2024

1.0
 for  Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

  • Skill development - Good
  • +2 more

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

read more
  • Salary - Bad

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.

read more
  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more
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Kotak Mahindra Bank Operations Manager Salary FAQs

What is the salary of Operations Manager at Kotak Mahindra Bank?
Operations Manager salary at Kotak Mahindra Bank in India ranges between ₹2.0 Lakhs to ₹10.0 Lakhs for experience between 3 years to 13 years. According to our estimates it is 39% less than the average Operations Manager Salary in India. Salary estimates are based on 259 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Operations Manager at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Operations Manager at Kotak Mahindra Bank is 39% less than the average salary of a Operations Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Operations Manager at Kotak Mahindra Bank?
Operations Management, Operations, Auto Loans, Recovery Operations and Trade Finance are some of the popular skills required to work as a Operations Manager at Kotak Mahindra Bank India.
Which similar companies are paying more than Kotak Mahindra Bank to a Operations Manager in India?
  • HSBC Global Banking and Markets Operations Manager Salary - ₹8.5 Lakhs to ₹19.2 Lakhs per year
  • Union Bank of India Operations Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
  • State Bank of India Operations Manager Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
  • IDBI Bank Operations Manager Salary - ₹6.0 Lakhs to ₹23.0 Lakhs per year
  • Bank of Baroda Operations Manager Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year
What is the salary of a Operations Manager in companies similar to Kotak Mahindra Bank in India?
  • Canara Bank Operations Manager Salary - ₹12.0 Lakhs to ₹13.5 Lakhs per year
  • Federal Bank Operations Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
  • South Indian Bank Operations Manager Salary - ₹9.9 Lakhs to ₹13.0 Lakhs per year
  • Central Bank of India Operations Manager Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year
  • Punjab National Bank Operations Manager Salary - ₹4.5 Lakhs to ₹12.0 Lakhs per year
What is the estimated take home salary of a Operations Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Operations Manager at Kotak Mahindra Bank ranges between ₹50,564 per month to ₹51,758 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Operations Manager salary in India which ranges between ₹2.0 Lakhs to ₹10.0 Lakhs per year for employees with experience between 3 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Operations Manager at Kotak Mahindra Bank?
According to AmbitionBox, 59% of the Kotak Mahindra Bank Operations Managers reported a notice period of 3 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 169 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Operations Manager salary in India ranges between ₹2 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 259 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.