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Kotak Mahindra Bank

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3.8

based on 16k Reviews

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Kotak Mahindra Bank Premier Service Manager salaries in New Delhi

Annual salary range
4 - 8 years exp.
₹5 Lakhs - ₹6.4 Lakhs
Salary of majority employees
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26% less than the average Premier Service Manager Salary in Banking Companies for 4 - 8 years of experience

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Last Updated: 13 Jul 2023

Companies similar to Kotak Mahindra Bank for Premier Service Manager in New Delhi

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Kotak Mahindra Bank Premier Service Manager Salary

4 - 8 years exp. (4 salaries)
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₹5 L/yr - ₹6.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HSBC Group Premier Service Manager Salary

4 - 13 years exp. (11 salaries)
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₹5.1 L/yr - ₹12 L/yr

arrow icon 56% more
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HSBC Bank Premier Service Manager Salary

6 - 10 years exp. (6 salaries)
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₹7.4 L/yr - ₹9.8 L/yr

arrow icon 44% more
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Standard Chartered Premier Service Manager Salary

2 - 14 years exp. (4 salaries)
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₹7.3 L/yr - ₹13.3 L/yr

arrow icon 85% more
Premier Service Manager salary at Kotak Mahindra Bank ranges between ₹5 Lakhs to ₹6.4 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Premier Service Manager in New Delhi

1y ago
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8 years exp.
1y ago
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6 years exp.
1y ago
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4 years exp.

Experience wise Kotak Mahindra Bank Premier Service Manager salaries in New Delhi

Last Updated: 13 Jul 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.3 L/yr
8 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹7.4 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(1.6k salaries)
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₹2 L/yr - ₹8 L/yr
Relationship Manager Salary
(396 salaries)
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₹1.8 L/yr - ₹9.5 L/yr
Branch Manager Salary
(124 salaries)
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₹8 L/yr - ₹25 L/yr
Sales Manager Salary
(99 salaries)
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₹1.8 L/yr - ₹10.15 L/yr
Area Sales Manager Salary
(40 salaries)
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₹7.25 L/yr - ₹23 L/yr
Customer Service Executive Salary
(13 salaries)
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₹2 L/yr - ₹5 L/yr
Customer Relationship Manager Salary
(4 salaries)
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₹2.6 L/yr - ₹4 L/yr

Salary related reviews for Kotak Mahindra Bank

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.

read more
  • Job security - Good
    +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
    +1 more

Deputy Manager in Vadodara

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
  • Skill development - Good
    +1 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.

read more
  • Work satisfaction - Bad
    +2 more

Deputy Manager in Kolkata

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 10 Mar 2024
2.0
 for  Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

  • Job security - Good

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

read more
  • Salary - Poor
    +4 more

Deputy Manager in Mumbai

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 30 Dec 2023
3.0
 for  Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

  • Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

read more
  • Skill development - Poor
    +1 more

Deputy Manager in Thane

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 Nov 2023
2.0
 for  Salary and Benefits

Likes

Work profile and process is good.

Dislikes

Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

read more
  • Salary - Poor
    +4 more
see more salary related reviews

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Salary Discussions, Hike & Promotions
1w (edited)
a senior quality lead
Offer letter - Accepted
Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?
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Kotak Mahindra Bank Premier Service Manager Salary FAQs

What is the salary of Premier Service Manager at Kotak Mahindra Bank New Delhi?
Premier Service Manager salary at Kotak Mahindra Bank in New Delhi ranges between ₹5.0 Lakhs to ₹6.4 Lakhs for experience between 4 years to 8 years. According to our estimates it is 26% less than the average Premier Service Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank New Delhi.
How does the salary of a Premier Service Manager at Kotak Mahindra Bank New Delhi compare with the average salary range for this job?
The average salary of a Premier Service Manager at Kotak Mahindra Bank is 26% less than the average salary of a Premier Service Manager in New Delhi. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Premier Service Manager in New Delhi?
  • Standard Chartered Premier Service Manager Salary - ₹7.3 Lakhs to ₹13.3 Lakhs per year
  • HSBC Group Premier Service Manager Salary - ₹5.1 Lakhs to ₹12.0 Lakhs per year
  • HSBC Bank Premier Service Manager Salary - ₹7.4 Lakhs to ₹9.8 Lakhs per year
What is the estimated take home salary of a Premier Service Manager at Kotak Mahindra Bank in New Delhi?
The estimated take-home salary of a Premier Service Manager at Kotak Mahindra Bank ranges between ₹41,420 per month to ₹42,564 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindra Bank Premier Service Manager salary in India which ranges between ₹5.0 Lakhs to ₹6.4 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Premier Service Manager at Kotak Mahindra Bank in New Delhi?
According to AmbitionBox, 100% of the Kotak Mahindra Bank Premier Service Managers in New Delhi reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Premier Service Manager salary in New Delhi ranges between ₹5 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.