Kotak Mahindra Bank Portfolio Manager Salaries by 100+ Employees (Updated 2025)

3 - 12 years exp.

₹2.2 Lakhs - ₹10.8 Lakhs

Salary of majority employees

49% less than the average Portfolio Manager Salary in Banking Companies for 3 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Portfolio Manager Salary 3 - 12 years exp. (42 salaries)	₹3 L/yr - ₹10.5 L/yr
Finance & Accounting Portfolio Manager Salary 3 - 12 years exp. (16 salaries)	₹3.3 L/yr - ₹9.3 L/yr
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Customer Success, Service & Operations Portfolio Manager Salary 3 - 10 years exp. (11 salaries)	₹3.5 L/yr - ₹9 L/yr
Sales & Business Development Portfolio Manager Salary 3 - 10 years exp. (8 salaries)	₹2.2 L/yr - ₹10.5 L/yr
Risk Management & Compliance Portfolio Manager Salary 5 - 6 years exp. (3 salaries)	₹6 L/yr - ₹9 L/yr

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Last Updated: 9 Feb 2025

Companies similar to Kotak Mahindra Bank for Portfolio Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Portfolio Manager Salary 1 - 12 years exp. (101 salaries)	₹4.1 L/yr - ₹14.7 L/yr 53% more
ICICI Bank Portfolio Manager Salary 1 - 6 years exp. (21 salaries)	₹4 L/yr - ₹9.1 L/yr 29% more
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Axis Bank Portfolio Manager Salary 1 - 10 years exp. (57 salaries)	₹3.5 L/yr - ₹13.8 L/yr 21% more
IndusInd Bank Portfolio Manager Salary 3 - 10 years exp. (47 salaries)	₹3 L/yr - ₹13.1 L/yr 16% more
Yes Bank Portfolio Manager Salary 2 - 10 years exp. (33 salaries)	₹6 L/yr - ₹17.5 L/yr 68% more
IDFC FIRST Bank Portfolio Manager Salary 1 - 13 years exp. (32 salaries)	₹7.5 L/yr - ₹15.3 L/yr 65% more
RBL Bank Portfolio Manager Salary 2 - 12 years exp. (8 salaries)	₹4.5 L/yr - ₹14.4 L/yr 41% more	1 job opening
Utkarsh Small Finance Bank Portfolio Manager Salary 0 - 7 years exp. (5 salaries)	₹4.9 L/yr - ₹7.5 L/yr 1% less
Bandhan Bank Portfolio Manager Salary 7 - 11 years exp. (4 salaries)	₹6.8 L/yr - ₹12 L/yr 41% more
Ujjivan Small Finance Bank Portfolio Manager Salary 5 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹4.4 L/yr 44% less
Jana Small Finance Bank Portfolio Manager Salary 1 year exp. (3 salaries)	₹3.6 L/yr - ₹4.6 L/yr 38% less
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Portfolio Manager salary at Kotak Mahindra Bank ranges between ₹2.2 Lakhs to ₹10.8 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 126 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Portfolio Manager salaries

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
3 years (9 salaries)	₹3 L/yr - ₹6.5 L/yr
4 years (17 salaries)	₹3.5 L/yr - ₹8.1 L/yr
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5 years (23 salaries)	₹2.2 L/yr - ₹10.8 L/yr
6 years (14 salaries)	₹4.1 L/yr - ₹9 L/yr
7 years (16 salaries)	₹3 L/yr - ₹10 L/yr
8 years (14 salaries)	₹5 L/yr - ₹10.5 L/yr
9 years (14 salaries)	₹6 L/yr - ₹10.5 L/yr
10 years (11 salaries)	₹6 L/yr - ₹9.3 L/yr
11 years (3 salaries)	₹6.8 L/yr - ₹8.2 L/yr
12 years (5 salaries)	₹5.4 L/yr - ₹10 L/yr

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From

Portfolio Manager

3 - 12 years exp.

Sales and Product Manager

₹

Lakhs/yr

2 - 4 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Top skills at Kotak Mahindra Bank for Portfolio Manager

Portfolio Management Consumer Durables Agency Management Collection Management Collections Portfolio Management Sales Portfolio Analysis Marketing Product Management Marketing Communication Merchant Acquiring Customer Retention

Salary related reviews for Kotak Mahindra Bank

3.8

Rated by 27 employees for salary & benefits

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

Product Manager in Mumbai

Product Management Department

3.0

• posted on 29 Aug 2018

2.0

for Salary and Benefits

Likes

Learning is there but majorly it depends on your profile and team. Salary is below industry average and apparaisals again same as overall Banking Industry standard.

Dislikes

...lance should be there if you want efficiency and productivity from the employee.Salary again is a low as compared to the profile and KRA given to any employee. Appraisals and not much to talk about.

Salary - Poor

+2 more

Assistant Vice President

Procurement & Supply Chain Department

4.0

• posted on 03 Feb 2018

3.0

for Salary and Benefits

Likes

1)Adopts latest technology. 2)complaints handling is good,especially in internal audit.

Skill development - Good

Dislikes

...m area managers for insurance business and no proper support to bank managers. 3)More work ,less salary packages . 4)so Many windows for loans and advances which leads to customer dissatisfaction. 5)daily 3-4 conference calls,which effects customer service.

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+2 more

Principal Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 27 Dec 2024

2.0

for Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

Salary - Poor

+4 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Portfolio Manager Salary FAQs

What is the salary of Portfolio Manager at Kotak Mahindra Bank?

Portfolio Manager salary at Kotak Mahindra Bank in India ranges between ₹2.2 Lakhs to ₹10.8 Lakhs for experience between 3 years to 12 years. According to our estimates it is 49% less than the average Portfolio Manager Salary in India. Salary estimates are based on 126 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Portfolio Manager at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Portfolio Manager at Kotak Mahindra Bank is 49% less than the average salary of a Portfolio Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Portfolio Manager at Kotak Mahindra Bank?

Portfolio Management, Consumer Durables, Agency Management, Collection Management and Collections are some of the popular skills required to work as a Portfolio Manager at Kotak Mahindra Bank India.

Which similar companies are paying more than Kotak Mahindra Bank to a Portfolio Manager in India?

Yes Bank Portfolio Manager Salary - ₹6.0 Lakhs to ₹17.5 Lakhs per year
IDFC FIRST Bank Portfolio Manager Salary - ₹7.5 Lakhs to ₹15.3 Lakhs per year
HDFC Bank Portfolio Manager Salary - ₹4.1 Lakhs to ₹14.7 Lakhs per year
Bandhan Bank Portfolio Manager Salary - ₹6.8 Lakhs to ₹12.0 Lakhs per year
RBL Bank Portfolio Manager Salary - ₹4.5 Lakhs to ₹14.4 Lakhs per year

What is the salary of a Portfolio Manager in companies similar to Kotak Mahindra Bank in India?

ICICI Bank Portfolio Manager Salary - ₹4.0 Lakhs to ₹9.1 Lakhs per year
Axis Bank Portfolio Manager Salary - ₹3.5 Lakhs to ₹13.8 Lakhs per year
IndusInd Bank Portfolio Manager Salary - ₹3.0 Lakhs to ₹13.1 Lakhs per year
Utkarsh Small Finance Bank Portfolio Manager Salary - ₹4.9 Lakhs to ₹7.5 Lakhs per year
Jana Small Finance Bank Portfolio Manager Salary - ₹3.6 Lakhs to ₹4.6 Lakhs per year

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

The estimated take-home salary of a Portfolio Manager at Kotak Mahindra Bank ranges between ₹49,465 per month to ₹50,634 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Portfolio Manager salary in India which ranges between ₹2.2 Lakhs to ₹10.8 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 Portfolio Manager at Kotak Mahindra Bank?

According to AmbitionBox, 72% of the Kotak Mahindra Bank Portfolio Managers reported a notice period of 3 Months, 24% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 99 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Portfolio Manager Salaries

Kotak Mahindra Bank Portfolio Manager salary in India ranges between ₹2.2 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 126 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.