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Kotak Mahindra Bank Operations Manager salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
4 - 13 years exp.
₹4 Lakhs - ₹9.8 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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39% 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
4 - 10 years exp. (11 salaries)
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₹5.2 L/yr - ₹9.5 L/yr

Customer Success, Service & Operations
Operations Manager Salary
6 - 13 years exp. (8 salaries)
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₹4.5 L/yr - ₹9.8 L/yr

Risk Management & Compliance
Operations Manager Salary
10 - 13 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.4 L/yr

Finance & Accounting
Operations Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹7.7 L/yr

Last Updated: 14 Jan 2025

Companies similar to Kotak Mahindra Bank for Operations Manager in Bangalore / Bengaluru

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Kotak Mahindra Bank Operations Manager Salary

4 - 13 years exp. (25 salaries)

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₹4 L/yr - ₹9.8 L/yr

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

1 - 17 years exp. (89 salaries)

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₹3.5 L/yr - ₹13 L/yr

arrow icon 11% more
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Axis Bank Operations Manager Salary

3 - 14 years exp. (82 salaries)

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₹3 L/yr - ₹12.5 L/yr

arrow icon 3% more
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ICICI Bank Operations Manager Salary

0 - 13 years exp. (34 salaries)

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₹3.1 L/yr - ₹12 L/yr

arrow icon 8% more
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IndusInd Bank Operations Manager Salary

2 - 11 years exp. (14 salaries)

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₹3.4 L/yr - ₹7.5 L/yr

arrow icon 24% less
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₹3.5 L/yr - ₹7 L/yr

arrow icon 39% less
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IDFC FIRST Bank Operations Manager Salary

1 - 10 years exp. (13 salaries)

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₹3.7 L/yr - ₹9.3 L/yr

arrow icon 5% more
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RBL Bank Operations Manager Salary

5 - 10 years exp. (11 salaries)

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₹5 L/yr - ₹9 L/yr

At par
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₹10 L/yr - ₹19.2 L/yr

arrow icon 120% more
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IDBI Bank Operations Manager Salary

7 - 15 years exp. (8 salaries)

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₹11 L/yr - ₹23 L/yr

arrow icon 123% more
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Yes Bank Operations Manager Salary

5 - 11 years exp. (7 salaries)

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₹6.2 L/yr - ₹10 L/yr

arrow icon 7% more
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Federal Bank Operations Manager Salary

3 - 7 years exp. (6 salaries)

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₹5 L/yr - ₹9.9 L/yr

arrow icon 37% more
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₹4.5 L/yr - ₹7.5 L/yr

arrow icon 27% less
Operations Manager salary at Kotak Mahindra Bank ranges between ₹4 Lakhs to ₹9.8 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 25 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Operations Manager in Bangalore / Bengaluru

2mo ago
₹7 Lakhs
7 years exp.
3mo ago
₹9 Lakhs
13 years exp.
5mo ago
₹4.5 Lakhs
10 years exp.
5mo ago
₹9.5 Lakhs
10 years exp.
8mo ago
₹8 Lakhs
7 years exp.
9mo ago
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9 years exp.
1y ago
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12 years exp.
1y ago
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8 years exp.
1y ago
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6 years exp.

Experience wise Kotak Mahindra Bank Operations Manager salaries in Bangalore / Bengaluru

Last Updated: 14 Jan 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹7 L/yr
5 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr
6 years  (3 salaries)

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₹6 L/yr - ₹9.2 L/yr
7 years  (3 salaries)

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₹4.3 L/yr - ₹8 L/yr
8 years  (3 salaries)

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₹4.3 L/yr - ₹9.3 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(1.5k salaries)
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₹2 L/yr - ₹8.5 L/yr
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₹2 L/yr - ₹10 L/yr
Branch Manager Salary
(126 salaries)
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₹7 L/yr - ₹24 L/yr
Service Manager Salary
(24 salaries)
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₹2.38 L/yr - ₹13 L/yr
Team Manager Salary
(13 salaries)
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₹3.46 L/yr - ₹14 L/yr
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₹6.5 L/yr - ₹15.25 L/yr
Area Manager Salary
(3 salaries)
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₹10 L/yr - ₹20.5 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 5 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
see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Operations Manager Salary FAQs

What is the salary of Operations Manager at Kotak Mahindra Bank in Bangalore / Bengaluru?
The average salary of a Operations Manager at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹4.0 Lakhs to ₹9.8 Lakhs per year, depending on experience (from 4 years to 13 years).

The top 10% of Operations Manager in Bangalore / Bengaluru at Kotak Mahindra Bank earn more than ₹9.3 Lakhs per year, and the top 1% earn over ₹9.8 Lakhs per year. Operations 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 20+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Operations Manager at Kotak Mahindra Bank in Bangalore / Bengaluru?
The estimated take-home salary of a Operations Manager at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹52,422 to ₹53,725 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹9.8 Lakhs per year for employees with experience ranging from 4 years to 13 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 20+ 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 Operations Manager at Kotak Mahindra Bank in Bangalore / Bengaluru?
To be a Operations Manager at Kotak Mahindra Bank in Bangalore / Bengaluru, the key skills required include:

  • - Operations Management
  • - Operations
  • - Auto Loans
  • - Recovery Operations
  • - Trade Finance

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 Operations Manager in India?
IDBI Bank ₹11.0 Lakhs to ₹23.0 Lakhs per year
HSBC Global Banking and Markets ₹10.0 Lakhs to ₹19.2 Lakhs per year
Federal Bank ₹5.0 Lakhs to ₹9.9 Lakhs per year
HDFC Bank ₹3.5 Lakhs to ₹13.0 Lakhs per year
ICICI Bank ₹3.1 Lakhs to ₹12.0 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 Operations Manager in companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru?
The salary of a Operations Manager at companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Yes Bank ₹6.2 Lakhs to ₹10.0 Lakhs per year
IDFC FIRST Bank ₹3.7 Lakhs to ₹9.3 Lakhs per year
Axis Bank ₹3.0 Lakhs to ₹12.5 Lakhs per year
RBL Bank ₹5.0 Lakhs to ₹9.0 Lakhs per year
IndusInd Bank ₹3.4 Lakhs to ₹7.5 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 Operations Manager at Kotak Mahindra Bank in Bangalore / Bengaluru?
The salary growth for a Operations Manager at Kotak Mahindra Bank in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Operations Manager in Bangalore / Bengaluru can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
4 years ₹5.5 Lakhs to ₹7.0 Lakhs per year
5 years ₹5.7 Lakhs to ₹7.3 Lakhs per year
6 years ₹6.0 Lakhs to ₹9.2 Lakhs per year
7 years ₹4.3 Lakhs to ₹8.0 Lakhs per year
and so on.

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Kotak Mahindra Bank Operations Manager salary in Bangalore / Bengaluru ranges between ₹4 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 25 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.