Kotak Mahindra Bank Mumbai Operations Manager Salaries by 20+ Employees (Updated 2025)

6 - 12 years exp.

₹4 Lakhs - ₹12 Lakhs

Salary of majority employees

34% less than the average Operations Manager Salary in Banking Companies for 6 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Operations Manager Salary 6 - 12 years exp. (26 salaries)	₹4 L/yr - ₹12 L/yr
Customer Success, Service & Operations Operations Manager Salary 3 - 11 years exp. (7 salaries)	₹2 L/yr - ₹9 L/yr
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Finance & Accounting Operations Manager Salary 4 - 8 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹8 L/yr

Last Updated: 2 Jan 2025

Companies similar to Kotak Mahindra Bank for Operations Manager in BFSI, Investments & Trading department in Mumbai

Kotak Mahindra Bank Operations Manager Salary

6 - 12 years exp. (26 salaries)

₹4 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Operations Manager Salary 0 - 17 years exp. (87 salaries)	₹3.5 L/yr - ₹12.1 L/yr 14% more
ICICI Bank Operations Manager Salary 0 - 13 years exp. (69 salaries)	₹2.7 L/yr - ₹11.4 L/yr 1% more	1 job opening
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Axis Bank Operations Manager Salary 3 - 14 years exp. (42 salaries)	₹3.5 L/yr - ₹12 L/yr 15% more
Yes Bank Operations Manager Salary 7 - 16 years exp. (14 salaries)	₹6.5 L/yr - ₹12.5 L/yr 17% more
IndusInd Bank Operations Manager Salary 4 - 12 years exp. (17 salaries)	₹4 L/yr - ₹10 L/yr 14% less
IDFC FIRST Bank Operations Manager Salary 1 - 10 years exp. (40 salaries)	₹4 L/yr - ₹10.2 L/yr 5% more
RBL Bank Operations Manager Salary 7 - 13 years exp. (9 salaries)	₹4.2 L/yr - ₹9.5 L/yr At par
HSBC Global Banking and Markets Operations Manager Salary 6 - 17 years exp. (6 salaries)	₹8.5 L/yr - ₹16.5 L/yr 126% more
Karur Vysya Bank Operations Manager Salary 0 - 11 years exp. (6 salaries)	₹2.7 L/yr - ₹8.7 L/yr 21% less
Ujjivan Small Finance Bank Operations Manager Salary 5 - 9 years exp. (5 salaries)	₹4.4 L/yr - ₹7.6 L/yr 26% less
Utkarsh Small Finance Bank Operations Manager Salary 11 - 12 years exp. (5 salaries)	₹5.5 L/yr - ₹8.2 L/yr 3% less
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Bandhan Bank Operations Manager Salary 6 - 10 years exp. (3 salaries)	₹4.8 L/yr - ₹7.5 L/yr 17% less

Operations Manager salary at Kotak Mahindra Bank ranges between ₹4 Lakhs to ₹12 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 26 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Operations Manager in BFSI, Investments & Trading department in Mumbai

2w ago

3 years exp.

3w ago

11 years exp.

4w ago

8 years exp.

1mo ago

10 years exp.

3mo ago

11 years exp.

3mo ago

8 years exp.

4mo ago

4 years exp.

4mo ago

8 years exp.

7mo ago

11 years exp.

8mo ago

7 years exp.

Experience wise Kotak Mahindra Bank Operations Manager salaries in BFSI, Investments & Trading department in Mumbai

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.7 L/yr
7 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹7.1 L/yr
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8 years (3 salaries)	₹4 L/yr - ₹12.5 L/yr
9 years (4 salaries)	₹4 L/yr - ₹9 L/yr
10 years (6 salaries)	₹4.7 L/yr - ₹9 L/yr
11 years (6 salaries)	₹5 L/yr - ₹12 L/yr
12 years (3 salaries)	₹4.8 L/yr - ₹8.8 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(3.3k salaries)

₹1.65 L/yr - ₹8 L/yr

Relationship Manager Salary

(458 salaries)

₹1.8 L/yr - ₹10.5 L/yr

Branch Manager Salary

(132 salaries)

₹7.5 L/yr - ₹25.56 L/yr

Service Manager Salary

(56 salaries)

₹3 L/yr - ₹14 L/yr

Team Manager Salary

(30 salaries)

₹2 L/yr - ₹12.13 L/yr

Senior Operations Manager Salary

(11 salaries)

₹5.2 L/yr - ₹12 L/yr

Area Manager Salary

(8 salaries)

₹9 L/yr - ₹22.09 L/yr

Program Manager Salary

(5 salaries)

₹7 L/yr - ₹23.5 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

2.0

Rated by 7 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

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Kotak Mahindra Bank Operations Manager Salary FAQs

What is the salary of Operations Manager at Kotak Mahindra Bank Mumbai in BFSI, Investments & Trading department?

Operations Manager salary at Kotak Mahindra Bank in BFSI, Investments & Trading department in Mumbai ranges between ₹4.0 Lakhs to ₹12.0 Lakhs for experience between 6 years to 12 years. According to our estimates it is 34% less than the average Operations Manager Salary in India. Salary estimates are based on 26 latest salaries received from various employees of Kotak Mahindra Bank Mumbai in BFSI, Investments & Trading department.

How does the salary of a Operations Manager at Kotak Mahindra Bank Mumbai in BFSI, Investments & Trading department compare with the average salary range for this job?

The average salary of a Operations Manager at Kotak Mahindra Bank in BFSI, Investments & Trading department is 34% less than the average salary of a Operations Manager in Mumbai. 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 Mumbai.

Which similar companies are paying more than Kotak Mahindra Bank to a Operations Manager in BFSI, Investments & Trading department in Mumbai?

HSBC Global Banking and Markets Operations Manager Salary - ₹8.5 Lakhs to ₹16.5 Lakhs per year
Yes Bank Operations Manager Salary - ₹6.5 Lakhs to ₹12.5 Lakhs per year
Axis Bank Operations Manager Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year
HDFC Bank Operations Manager Salary - ₹3.5 Lakhs to ₹12.1 Lakhs per year
IDFC FIRST Bank Operations Manager Salary - ₹4.0 Lakhs to ₹10.2 Lakhs per year

What is the salary of a Operations Manager in BFSI, Investments & Trading department in companies similar to Kotak Mahindra Bank in Mumbai?

ICICI Bank Operations Manager Salary - ₹2.7 Lakhs to ₹11.4 Lakhs per year
RBL Bank Operations Manager Salary - ₹4.2 Lakhs to ₹9.5 Lakhs per year
Utkarsh Small Finance Bank Operations Manager Salary - ₹5.5 Lakhs to ₹8.2 Lakhs per year
IndusInd Bank Operations Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
Bandhan Bank Operations Manager Salary - ₹4.8 Lakhs to ₹7.5 Lakhs per year

What is the estimated take home salary of a Operations Manager in BFSI, Investments & Trading department at Kotak Mahindra Bank in Mumbai?

The estimated take-home salary of a Operations Manager in BFSI, Investments & Trading department at Kotak Mahindra Bank ranges between ₹52,021 per month to ₹54,368 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Operations Manager salary in India which ranges between ₹4.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 6 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Operations Manager in BFSI, Investments & Trading department at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 68% of the Kotak Mahindra Bank Operations Managers in BFSI, Investments & Trading department in Mumbai reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 28 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Operations Manager Salaries in Mumbai

Kotak Mahindra Bank Operations Manager salary in BFSI, Investments & Trading department in Mumbai ranges between ₹4 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 26 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Operations Manager salaries in BFSI, Investments & Trading in Mumbai

Companies similar to Kotak Mahindra Bank for Operations Manager in BFSI, Investments & Trading department in Mumbai

Latest annual salaries shared by Kotak Mahindra Bank Operations Manager in BFSI, Investments & Trading department in Mumbai

Experience wise Kotak Mahindra Bank Operations Manager salaries in BFSI, Investments & Trading department in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Operations Manager

Salary related reviews for Kotak Mahindra Bank

Operations Manager in Goregaon

Operations Manager in Chennai

Deputy Branch Manager in Ahmedabad

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Kotak Mahindra Bank Operations Manager Salary FAQs

Tell us how to improve this page.