Kotak Mahindra Bank Preferred Relationship Manager Salaries by 3 Employees (Updated 2025)

8 - 9 years exp.

₹5 Lakhs - ₹12.5 Lakhs

Low Confidence

Salary of majority employees

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At par with the average Preferred Relationship Manager Salary in Banking Companies for 8 - 9 years of experience

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Last Updated: 5 Mar 2025

Companies similar to Kotak Mahindra Bank for Preferred Relationship Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Preferred Relationship Manager Salary 0 - 15 years exp. (892 salaries)	Unlock ₹4.5 L/yr - ₹14.5 L/yr 6% more	6 job openings
Axis Bank Preferred Relationship Manager Salary 0 - 14 years exp. (4 salaries)	Unlock ₹6.8 L/yr - ₹11 L/yr 6% more
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IndusInd Bank Preferred Relationship Manager Salary 5 - 13 years exp. (4 salaries)	Unlock ₹8 L/yr - ₹14.5 L/yr 22% more
Edelweiss Preferred Relationship Manager Salary 0 - 6 years exp. (36 salaries)	Unlock ₹3.2 L/yr - ₹5 L/yr 50% less
Edelweiss Broking Preferred Relationship Manager Salary 0 - 8 years exp. (28 salaries)	Unlock ₹3 L/yr - ₹4.6 L/yr 53% less

Preferred Relationship Manager salary at Kotak Mahindra Bank ranges between ₹5 Lakhs to ₹12.5 Lakhs per year for employees with experience between 8 years to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Preferred Relationship Manager salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹7.2 L/yr
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9 years (AmbitionBox Estimate)	Unlock ₹4.1 L/yr - ₹12.5 L/yr

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Salary related reviews for Kotak Mahindra Bank

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Salary - Good

+1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Skill development - Bad

+3 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

Cluster Head in Shivamogga

Full Time

Other Department

1.0

• posted on 15 Nov 2024

1.0

for Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

Salary - Bad

+6 more

Service Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 05 Feb 2024

1.0

for Salary and Benefits

Likes

All process al very smooth and cooperative staff

Skill development - Excellent

+4 more

Dislikes

Too low salary increament and for promotion BM promote only his dear ones ...person who working hard for bank and vintage staff they simply ignore him while promotion and salary increament

Salary - Bad

+1 more

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Kotak Mahindra Bank Preferred Relationship Manager Salary FAQs

What is the notice period for Preferred Relationship Manager at Kotak Mahindra Bank?

According to AmbitionBox, 75% of the Kotak Mahindra Bank Preferred Relationship Managers reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Preferred Relationship Manager Salaries

Kotak Mahindra Bank Preferred Relationship Manager salary in India ranges between ₹5 Lakhs to ₹12.5 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.