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

3 - 12 years exp.

₹3.5 Lakhs - ₹9.4 Lakhs

Salary of majority employees

40% less than the average Operations Manager Salary in Banking Companies for 3 - 12 years of experience

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Salaries in different departments

Customer Success, Service & Operations Operations Manager Salary 4 - 9 years exp. (8 salaries)	₹3.8 L/yr - ₹9.4 L/yr
BFSI, Investments & Trading Operations Manager Salary 3 - 11 years exp. (7 salaries)	₹4.1 L/yr - ₹7.5 L/yr
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Finance & Accounting Operations Manager Salary 4 - 10 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹7 L/yr
Sales & Business Development Operations Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹7.1 L/yr
Risk Management & Compliance Operations Manager Salary 12 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹8 L/yr

Last Updated: 10 Feb 2025

Companies similar to Kotak Mahindra Bank for Operations Manager in New Delhi

Kotak Mahindra Bank Operations Manager Salary

3 - 12 years exp. (23 salaries)

₹3.5 L/yr - ₹9.4 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Operations Manager Salary 1 - 18 years exp. (74 salaries)	₹3 L/yr - ₹12 L/yr 21% more
ICICI Bank Operations Manager Salary 0 - 13 years exp. (62 salaries)	₹2.5 L/yr - ₹10.8 L/yr 5% more
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Axis Bank Operations Manager Salary 3 - 14 years exp. (61 salaries)	₹3 L/yr - ₹12 L/yr 18% more
Yes Bank Operations Manager Salary 6 - 14 years exp. (20 salaries)	₹6 L/yr - ₹13 L/yr 23% more
IndusInd Bank Operations Manager Salary 1 - 14 years exp. (13 salaries)	₹3 L/yr - ₹7 L/yr 15% less
IDFC FIRST Bank Operations Manager Salary 1 - 10 years exp. (24 salaries)	₹2.8 L/yr - ₹10.3 L/yr 8% more
RBL Bank Operations Manager Salary 6 - 13 years exp. (8 salaries)	₹5.3 L/yr - ₹12 L/yr 24% more
Jana Small Finance Bank Operations Manager Salary 1 - 7 years exp. (5 salaries)	₹2.8 L/yr - ₹5.5 L/yr 40% less
IDBI Bank Operations Manager Salary 8 - 12 years exp. (4 salaries)	₹11 L/yr - ₹15.4 L/yr 128% more
Utkarsh Small Finance Bank Operations Manager Salary 4 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹6 L/yr 19% less
Paytm Payments Bank Operations Manager Salary 4 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹13 L/yr 34% more
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Bandhan Bank Operations Manager Salary 4 - 6 years exp. (3 salaries)	₹5.1 L/yr - ₹7.1 L/yr 8% less
Bank of Baroda Operations Manager Salary 9 - 11 years exp. (3 salaries)	₹13.4 L/yr - ₹17 L/yr 117% more
Ujjivan Small Finance Bank Operations Manager Salary 5 - 7 years exp. (3 salaries)	₹4.2 L/yr - ₹6.5 L/yr 22% less	1 job opening

Operations Manager salary at Kotak Mahindra Bank ranges between ₹3.5 Lakhs to ₹9.4 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 23 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Operations Manager salaries in New Delhi

Last Updated: 10 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹7.5 L/yr
4 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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5 years (4 salaries)	₹3.8 L/yr - ₹8 L/yr
6 years (5 salaries)	₹4.1 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹11.2 L/yr
8 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
9 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹9.4 L/yr
10 years (4 salaries)	₹5 L/yr - ₹8.3 L/yr
11 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹12.7 L/yr
12 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(1.6k salaries)

₹2 L/yr - ₹8 L/yr

Relationship Manager Salary

(397 salaries)

₹1.8 L/yr - ₹11 L/yr

Branch Manager Salary

(123 salaries)

₹8 L/yr - ₹25 L/yr

Service Manager Salary

(29 salaries)

₹3.76 L/yr - ₹15 L/yr

Area Manager Salary

(15 salaries)

₹10 L/yr - ₹26 L/yr

Team Manager Salary

(12 salaries)

₹2.35 L/yr - ₹9.9 L/yr

Senior Operations Manager Salary

(5 salaries)

₹5.5 L/yr - ₹13.5 L/yr

Program Manager Salary

(3 salaries)

₹8.2 L/yr - ₹12 L/yr

Department Manager Salary

(3 salaries)

₹3.5 L/yr - ₹4.05 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

3.4

Rated by 10 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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Kotak Mahindra Bank Operations Manager Salary FAQs

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

Operations Manager salary at Kotak Mahindra Bank in New Delhi ranges between ₹3.5 Lakhs to ₹9.4 Lakhs for experience between 3 years to 12 years. According to our estimates it is 40% less than the average Operations Manager Salary in India. Salary estimates are based on 23 latest salaries received from various employees of Kotak Mahindra Bank New Delhi.

How does the salary of a Operations Manager at Kotak Mahindra Bank New Delhi 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 New Delhi. 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 New Delhi.

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

IDBI Bank Operations Manager Salary - ₹11.0 Lakhs to ₹15.4 Lakhs per year
Bank of Baroda Operations Manager Salary - ₹13.4 Lakhs to ₹17.0 Lakhs per year
Paytm Payments Bank Operations Manager Salary - ₹4.2 Lakhs to ₹13.0 Lakhs per year
RBL Bank Operations Manager Salary - ₹5.3 Lakhs to ₹12.0 Lakhs per year
Yes Bank Operations Manager Salary - ₹6.0 Lakhs to ₹13.0 Lakhs per year

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

HDFC Bank Operations Manager Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
Axis Bank Operations Manager Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
IDFC FIRST Bank Operations Manager Salary - ₹2.8 Lakhs to ₹10.3 Lakhs per year
ICICI Bank Operations Manager Salary - ₹2.5 Lakhs to ₹10.8 Lakhs per year
Bandhan Bank Operations Manager Salary - ₹5.1 Lakhs to ₹7.1 Lakhs per year

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

The estimated take-home salary of a Operations Manager at Kotak Mahindra Bank ranges between ₹49,000 per month to ₹50,158 per month in New Delhi. 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 ₹9.4 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 85% of the Kotak Mahindra Bank Operations Managers in New Delhi reported a notice period of 3 Months, 7% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Operations Manager Salaries in New Delhi

Kotak Mahindra Bank Operations Manager salary in New Delhi ranges between ₹3.5 Lakhs to ₹9.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.