Kotak Mahindra Bank Ahmedabad Operations Manager Salaries by 10 Employees (Updated 2024)

4 - 13 years exp.

₹3.5 Lakhs - ₹9.8 Lakhs

Salary of majority employees

28% less than the average Operations Manager Salary in Banking Companies for 4 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Operations Manager Salary 6 - 13 years exp. (7 salaries)	₹3.5 L/yr - ₹9.8 L/yr
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Customer Success, Service & Operations Operations Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹7.8 L/yr

Last Updated: 1 Dec 2024

Companies similar to Kotak Mahindra Bank for Operations Manager in Ahmedabad

Kotak Mahindra Bank Operations Manager Salary

4 - 13 years exp. (10 salaries)

₹3.5 L/yr - ₹9.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Operations Manager Salary 0 - 13 years exp. (15 salaries)	₹2.2 L/yr - ₹10.2 L/yr 3% more
Yes Bank Operations Manager Salary 10 - 14 years exp. (4 salaries)	₹5.3 L/yr - ₹9 L/yr 24% more
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IndusInd Bank Operations Manager Salary 5 - 11 years exp. (4 salaries)	₹4 L/yr - ₹10 L/yr 4% less
IDFC FIRST Bank Operations Manager Salary 5 - 6 years exp. (5 salaries)	₹3.3 L/yr - ₹7.2 L/yr 3% less
RBL Bank Operations Manager Salary 10 - 12 years exp. (3 salaries)	₹4.8 L/yr - ₹6.7 L/yr 4% less
Jana Small Finance Bank Operations Manager Salary 1 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹7 L/yr 27% less

Operations Manager salary at Kotak Mahindra Bank ranges between ₹3.5 Lakhs to ₹9.8 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Operations Manager salaries in Ahmedabad

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹7 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹10.7 L/yr
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6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹11.5 L/yr
8 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
11 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹9.6 L/yr
12 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.8 L/yr
13 years (AmbitionBox Estimate)	₹3 L/yr - ₹9.8 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(404 salaries)

₹2.05 L/yr - ₹7.8 L/yr

Relationship Manager Salary

(152 salaries)

₹2.1 L/yr - ₹10.73 L/yr

Branch Manager Salary

(45 salaries)

₹6.96 L/yr - ₹21 L/yr

Service Manager Salary

(9 salaries)

₹2.4 L/yr - ₹10.5 L/yr

Area Manager Salary

(9 salaries)

₹12 L/yr - ₹26.6 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 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

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

Operations Manager in Chennai

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.

Assistant Vice President in Ernakulam

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

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.

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.

Dislikes

Salary, promortion - these are the worst over here.

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.

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.

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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

3 participants . expiring in 2w

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Kotak Mahindra Bank Operations Manager Salary FAQs

What is the salary of Operations Manager at Kotak Mahindra Bank Ahmedabad?

Operations Manager salary at Kotak Mahindra Bank in Ahmedabad ranges between ₹3.5 Lakhs to ₹9.8 Lakhs for experience between 4 years to 13 years. According to our estimates it is 28% less than the average Operations Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank Ahmedabad.

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

The average salary of a Operations Manager at Kotak Mahindra Bank is 28% less than the average salary of a Operations Manager in Ahmedabad. 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 Ahmedabad.

Which similar companies are paying more than Kotak Mahindra Bank to a Operations Manager in Ahmedabad?

Yes Bank Operations Manager Salary - ₹5.3 Lakhs to ₹9.0 Lakhs per year
ICICI Bank Operations Manager Salary - ₹2.2 Lakhs to ₹10.2 Lakhs per year

What is the salary of a Operations Manager in companies similar to Kotak Mahindra Bank in Ahmedabad?

IDFC FIRST Bank Operations Manager Salary - ₹3.3 Lakhs to ₹7.2 Lakhs per year
RBL Bank Operations Manager Salary - ₹4.8 Lakhs to ₹6.7 Lakhs per year
IndusInd Bank Operations Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
Jana Small Finance Bank Operations Manager Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Operations Manager at Kotak Mahindra Bank ranges between ₹50,148 per month to ₹51,332 per month in Ahmedabad. The take-home salary calculation is based on the average Kotak Mahindra Bank Operations Manager salary in India which ranges between ₹3.5 Lakhs to ₹9.8 Lakhs per year for employees with experience between 4 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Operations Manager at Kotak Mahindra Bank in Ahmedabad?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Operations Managers in Ahmedabad reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Operations Manager Salaries in Ahmedabad

Kotak Mahindra Bank Operations Manager salary in Ahmedabad ranges between ₹3.5 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.