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Kotak Mahindra Bank Operations Manager salaries in Mumbai

Annual salary range
3 - 13 years exp.
₹2 Lakhs - ₹9 Lakhs
Salary of majority employees
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40% 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
6 - 12 years exp. (25 salaries)
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₹4 L/yr - ₹9 L/yr

Customer Success, Service & Operations
Operations Manager Salary
3 - 11 years exp. (6 salaries)
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₹2 L/yr - ₹9 L/yr

Finance & Accounting
Operations Manager Salary
4 - 8 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹8 L/yr

Last Updated: 29 Nov 2024

Companies similar to Kotak Mahindra Bank for Operations Manager in Mumbai

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Kotak Mahindra Bank Operations Manager Salary

3 - 13 years exp. (39 salaries)

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₹2 L/yr - ₹9 L/yr

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

2 - 18 years exp. (91 salaries)

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₹4.5 L/yr - ₹13.5 L/yr

arrow icon 27% more
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ICICI Bank Operations Manager Salary

0 - 13 years exp. (76 salaries)

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₹2.7 L/yr - ₹11.4 L/yr

arrow icon 13% more
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Axis Bank Operations Manager Salary

3 - 15 years exp. (43 salaries)

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₹3.5 L/yr - ₹12 L/yr

arrow icon 23% more
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Yes Bank Operations Manager Salary

7 - 15 years exp. (15 salaries)

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₹6.5 L/yr - ₹11 L/yr

arrow icon 47% more
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IndusInd Bank Operations Manager Salary

4 - 15 years exp. (22 salaries)

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₹4 L/yr - ₹10 L/yr

At par
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IDFC FIRST Bank Operations Manager Salary

1 - 10 years exp. (37 salaries)

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₹4 L/yr - ₹10.2 L/yr

arrow icon 28% more
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RBL Bank Operations Manager Salary

7 - 13 years exp. (10 salaries)

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₹4.2 L/yr - ₹11 L/yr

arrow icon 11% more
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Bank of America Operations Manager Salary

10 - 17 years exp. (6 salaries)

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₹12.2 L/yr - ₹21.5 L/yr

arrow icon 165% more
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₹8.5 L/yr - ₹16.5 L/yr

arrow icon 136% more
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₹4.4 L/yr - ₹7.6 L/yr

arrow icon 26% less
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₹4.6 L/yr - ₹8.2 L/yr

arrow icon 13% less
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Bandhan Bank Operations Manager Salary

6 - 10 years exp. (3 salaries)

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₹4.8 L/yr - ₹7.5 L/yr

arrow icon 11% less
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Standard Chartered Operations Manager Salary

6 - 17 years exp. (3 salaries)

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₹10 L/yr - ₹24 L/yr

arrow icon 133% more
Operations Manager salary at Kotak Mahindra Bank ranges between ₹2 Lakhs to ₹9 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 39 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Operations Manager in Mumbai

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3 years exp.
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11 years exp.
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8 years exp.
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4 years exp.
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11 years exp.
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8 years exp.
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7 years exp.
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13 years exp.

Experience wise Kotak Mahindra Bank Operations Manager salaries in Mumbai

Last Updated: 29 Nov 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹10.2 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹10.5 L/yr
5 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr
6 years (AmbitionBox Estimate)

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₹6 L/yr - ₹6.4 L/yr
7 years (AmbitionBox Estimate)

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₹6.4 L/yr - ₹7.1 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(3.3k salaries)
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₹1.65 L/yr - ₹8 L/yr
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₹1.5 L/yr - ₹10.25 L/yr
Branch Manager Salary
(133 salaries)
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₹7.5 L/yr - ₹25.56 L/yr
Service Manager Salary
(52 salaries)
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₹2.59 L/yr - ₹13.35 L/yr
Team Manager Salary
(27 salaries)
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₹2 L/yr - ₹11.2 L/yr
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₹5.2 L/yr - ₹12 L/yr
Area Manager Salary
(8 salaries)
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₹7.05 L/yr - ₹23.46 L/yr
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₹7 L/yr - ₹16.5 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

2.5

Rated by 6 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

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

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

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.

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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.

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Dislikes

Salary, promortion - these are the worst over here.

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.

read more

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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Kotak Mahindra Bank Operations Manager Salary FAQs

What is the salary of Operations Manager at Kotak Mahindra Bank Mumbai?
Operations Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹2.0 Lakhs to ₹9.0 Lakhs for experience between 3 years to 13 years. According to our estimates it is 40% less than the average Operations Manager Salary in India. Salary estimates are based on 39 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.
How does the salary of a Operations Manager at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?
The average salary of a Operations Manager at Kotak Mahindra Bank is 40% 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 Mumbai?
  • Bank of America Operations Manager Salary - ₹12.2 Lakhs to ₹21.5 Lakhs per year
  • HSBC Global Banking and Markets Operations Manager Salary - ₹8.5 Lakhs to ₹16.5 Lakhs per year
  • Standard Chartered Operations Manager Salary - ₹10.0 Lakhs to ₹24.0 Lakhs per year
  • Yes Bank Operations Manager Salary - ₹6.5 Lakhs to ₹11.0 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 companies similar to Kotak Mahindra Bank in Mumbai?
  • HDFC Bank Operations Manager Salary - ₹4.5 Lakhs to ₹13.5 Lakhs per year
  • Axis Bank Operations Manager Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year
  • ICICI Bank Operations Manager Salary - ₹2.7 Lakhs to ₹11.4 Lakhs per year
  • RBL Bank Operations Manager Salary - ₹4.2 Lakhs to ₹11.0 Lakhs per year
  • IndusInd Bank Operations Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
What is the estimated take home salary of a Operations Manager at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Operations Manager at Kotak Mahindra Bank ranges between ₹50,311 per month to ₹51,499 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 ₹2.0 Lakhs to ₹9.0 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 in Mumbai?
According to AmbitionBox, 71% of the Kotak Mahindra Bank Operations Managers in Mumbai reported a notice period of 3 Months, 15% 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 salary in Mumbai ranges between ₹2 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 39 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.