Kotak Mahindra Bank Thane Operations Manager Salaries by 3 Employees (Updated 2025)

3 - 8 years exp.

₹3 Lakhs - ₹6.4 Lakhs

Low Confidence

Salary of majority employees

27% less than the average Operations Manager Salary in Banking Companies for 3 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Operations Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹7.3 L/yr
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Finance & Accounting Operations Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹6.9 L/yr

Last Updated: 19 Jan 2025

Companies similar to Kotak Mahindra Bank for Operations Manager in Thane

Kotak Mahindra Bank Operations Manager Salary

3 - 8 years exp. (3 salaries)

₹3 L/yr - ₹6.4 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Operations Manager Salary 1 - 11 years exp. (9 salaries)	₹6 L/yr - ₹11.5 L/yr 21% more
Yes Bank Operations Manager Salary 8 - 11 years exp. (3 salaries)	₹7.7 L/yr - ₹13 L/yr 38% more
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Invoicemart Operations Manager Salary 2 years exp. (4 salaries)	₹18 L/yr - ₹20 L/yr 204% more
BlackBuck Operations Manager Salary 2 - 4 years exp. (3 salaries)	₹6.7 L/yr - ₹8.7 L/yr 23% more
Tata AIA Life Insurance Operations Manager Salary 10 - 11 years exp. (3 salaries)	₹10.5 L/yr - ₹12.6 L/yr 86% more

Operations Manager salary at Kotak Mahindra Bank ranges between ₹3 Lakhs to ₹6.4 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Operations Manager salaries in Thane

Last Updated: 19 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
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5 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
6 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Team Manager Salary

(3 salaries)

₹2.8 L/yr - ₹7.5 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

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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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank

I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.

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Kotak Mahindra Bank Operations Manager Salary FAQs

How the salary growth look like for a Operations Manager at Kotak Mahindra Bank in Thane?

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

Experience	Average Salary Range
3 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
4 years	₹4.8 Lakhs to ₹6.2 Lakhs per year
5 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
6 years	₹5.2 Lakhs to ₹6.7 Lakhs per year

and so on.

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Kotak Mahindra Bank Operations Manager Salaries in Thane

Kotak Mahindra Bank Operations Manager salary in Thane ranges between ₹3 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.