Kotak Mahindra Bank Kolkata Operations Manager Salaries by 10+ Employees

4 - 12 years exp.

₹2.6 Lakhs - ₹9 Lakhs

Avg. annual salary

Monthly In-hand Salary

41% less than the average Operations Manager Salary in Banking Companies for 4 - 12 years of experience

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Salaries in different departments

Customer Success, Service & Operations Operations Manager Salary 5 - 11 years exp. (6 salaries)	₹4.5 L/yr - ₹7.5 L/yr
Finance & Accounting Operations Manager Salary 4 - 6 years exp. (5 salaries)	₹2.6 L/yr - ₹7.1 L/yr
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BFSI, Investments & Trading Operations Manager Salary 10 - 12 years exp. (3 salaries)	₹5.1 L/yr - ₹9 L/yr
Sales & Business Development Operations Manager Salary 9 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.3 L/yr

Last Updated: 29 Nov 2024

Companies similar to Kotak Mahindra Bank for Operations Manager in Kolkata

Kotak Mahindra Bank Operations Manager Salary

4 - 12 years exp. (15 salaries)

₹2.6 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Operations Manager Salary 1 - 15 years exp. (46 salaries)	₹3.7 L/yr - ₹11.6 L/yr 22% more
Axis Bank Operations Manager Salary 3 - 15 years exp. (43 salaries)	₹4.2 L/yr - ₹12 L/yr 17% more
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ICICI Bank Operations Manager Salary 0 - 10 years exp. (25 salaries)	₹3 L/yr - ₹12 L/yr 5% more
HSBC Global Banking and Markets Operations Manager Salary 6 - 16 years exp. (20 salaries)	₹9 L/yr - ₹17.1 L/yr 127% more
Bandhan Bank Operations Manager Salary 4 - 11 years exp. (17 salaries)	₹2.5 L/yr - ₹8.1 L/yr 7% less
IndusInd Bank Operations Manager Salary 3 - 12 years exp. (9 salaries)	₹3.1 L/yr - ₹10.2 L/yr 16% less
IDFC FIRST Bank Operations Manager Salary 5 - 10 years exp. (9 salaries)	₹4.7 L/yr - ₹9.4 L/yr 11% more
Jana Small Finance Bank Operations Manager Salary 4 - 8 years exp. (4 salaries)	₹2 L/yr - ₹4.4 L/yr 41% less
Ujjivan Small Finance Bank Operations Manager Salary 8 - 12 years exp. (3 salaries)	₹4.9 L/yr - ₹6 L/yr 23% less

Operations Manager salary at Kotak Mahindra Bank ranges between ₹2.6 Lakhs to ₹9 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 15 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Operations Manager salaries in Kolkata

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
5 years (4 salaries)	₹2.6 L/yr - ₹10.5 L/yr
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6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 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)	₹6.5 L/yr - ₹8.3 L/yr
12 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(490 salaries)

₹2.1 L/yr - ₹7 L/yr

Relationship Manager Salary

(94 salaries)

₹1.8 L/yr - ₹9.9 L/yr

Branch Manager Salary

(68 salaries)

₹8.5 L/yr - ₹22 L/yr

Service Manager Salary

(8 salaries)

₹5.26 L/yr - ₹8.2 L/yr

Area Manager Salary

(7 salaries)

₹9.1 L/yr - ₹24 L/yr

Team Manager Salary

(4 salaries)

₹3.15 L/yr - ₹7.2 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

1.2

Rated by 2 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

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

Salary - Bad

+5 more

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.

Salary - Excellent

+6 more

Deputy Branch Manager in Ahmedabad

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.

Salary - Poor

+4 more

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

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.

Salary - Bad

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.

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

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Operations Manager Salary FAQs

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

The average salary of a Operations Manager at Kotak Mahindra Bank in Kolkata typically ranges from ₹2.6 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 4 years to 12 years).

The top 10% of Operations Manager in Kolkata at Kotak Mahindra Bank earn more than ₹8.4 Lakhs per year, and the top 1% earn over ₹9.0 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 10+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Operations Manager at Kotak Mahindra Bank in Kolkata typically ranges from ₹49,896 to ₹51,074 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 4 years to 12 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 10+ 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 Kolkata?

To be a Operations Manager at Kotak Mahindra Bank in Kolkata, 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?

HSBC Global Banking and Markets	₹9.0 Lakhs to ₹17.1 Lakhs per year
HDFC Bank	₹3.7 Lakhs to ₹11.6 Lakhs per year
Axis Bank	₹4.2 Lakhs to ₹12.0 Lakhs per year
IDFC FIRST Bank	₹4.7 Lakhs to ₹9.4 Lakhs per year
ICICI Bank	₹3.0 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 Kolkata?

The salary of a Operations Manager at companies similar to Kotak Mahindra Bank in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bandhan Bank	₹2.5 Lakhs to ₹8.1 Lakhs per year
IndusInd Bank	₹3.1 Lakhs to ₹10.2 Lakhs per year
Ujjivan Small Finance Bank	₹4.9 Lakhs to ₹6.0 Lakhs per year
Jana Small Finance Bank	₹2.0 Lakhs to ₹4.4 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 Kolkata?

The salary growth for a Operations Manager at Kotak Mahindra Bank in Kolkata depends on factors such as experience, performance, and promotions. On average, a Operations Manager in Kolkata can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
4 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
5 years	₹2.6 Lakhs to ₹10.5 Lakhs per year
6 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
7 years	₹5.7 Lakhs to ₹7.3 Lakhs per year

and so on.

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Kotak Mahindra Bank Operations Manager Salaries in Kolkata

Kotak Mahindra Bank Operations Manager salary in Kolkata ranges between ₹2.6 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.