Kotak Mahindra Bank Mumbai Processing Manager Salaries by 5 Employees (Updated 2025)

5 - 12 years exp.

₹4.5 Lakhs - ₹7.5 Lakhs

Salary of majority employees

43% less than the average Processing Manager Salary in Banking Companies for 5 - 12 years of experience

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Salaries in different departments

Quality Assurance Processing Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹7.5 L/yr
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Sales & Business Development Processing Manager Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹7.5 L/yr

Last Updated: 18 Dec 2024

Companies similar to Kotak Mahindra Bank for Processing Manager in Mumbai

Kotak Mahindra Bank Processing Manager Salary

5 - 12 years exp. (5 salaries)

₹4.5 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Processing Manager Salary 5 - 14 years exp. (35 salaries)	₹4.7 L/yr - ₹16 L/yr 41% more
ICICI Bank Processing Manager Salary 1 - 15 years exp. (74 salaries)	₹4 L/yr - ₹13.5 L/yr 16% more
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Axis Bank Processing Manager Salary 3 - 12 years exp. (4 salaries)	₹10 L/yr - ₹18.5 L/yr 112% more
Yes Bank Processing Manager Salary 3 - 15 years exp. (21 salaries)	₹6.5 L/yr - ₹17.1 L/yr 69% more
IDFC FIRST Bank Processing Manager Salary 5 - 7 years exp. (3 salaries)	₹10 L/yr - ₹14.2 L/yr 64% more
RBL Bank Processing Manager Salary 0 - 6 years exp. (7 salaries)	₹3.6 L/yr - ₹14.8 L/yr 31% more
Bank of Baroda Processing Manager Salary 6 - 11 years exp. (3 salaries)	₹8 L/yr - ₹13 L/yr 58% more
Chase Bank Processing Manager Salary 12 - 21 years exp. (3 salaries)	₹12.5 L/yr - ₹32 L/yr 229% more

Processing Manager salary at Kotak Mahindra Bank ranges between ₹4.5 Lakhs to ₹7.5 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Processing Manager salaries in Mumbai

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹9.9 L/yr
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7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹10.9 L/yr
9 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
10 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.5 L/yr
11 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
12 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.5 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(3.3k salaries)

₹1.65 L/yr - ₹8 L/yr

Operations Manager Salary

(41 salaries)

₹2 L/yr - ₹12 L/yr

Production Manager Salary

(7 salaries)

₹6.25 L/yr - ₹17.4 L/yr

Top skills at Kotak Mahindra Bank for Processing Manager

Fraud Analytics Anti Money Laundering Fraud Investigation Transaction Monitoring Cyber Security Root Cause Analysis

Salary related reviews for Kotak Mahindra Bank

2.0

Rated by 1 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

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

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.

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.

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.

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.

Skill development - Poor

+1 more

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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 Processing Manager Salary FAQs

What is the salary of Processing Manager at Kotak Mahindra Bank Mumbai?

Processing Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹4.5 Lakhs to ₹7.5 Lakhs for experience between 5 years to 12 years. According to our estimates it is 43% less than the average Processing Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Processing Manager at Kotak Mahindra Bank is 43% less than the average salary of a Processing Manager in Mumbai. To know exact salary insights, login to view.

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

Fraud Analytics, Anti Money Laundering, Fraud Investigation, Transaction Monitoring and Cyber Security are some of the popular skills required to work as a Processing Manager at Kotak Mahindra Bank Mumbai.

Which similar companies are paying more than Kotak Mahindra Bank to a Processing Manager in Mumbai?

Chase Bank Processing Manager Salary - ₹12.5 Lakhs to ₹32.0 Lakhs per year
Axis Bank Processing Manager Salary - ₹10.0 Lakhs to ₹18.5 Lakhs per year
Yes Bank Processing Manager Salary - ₹6.5 Lakhs to ₹17.1 Lakhs per year
IDFC FIRST Bank Processing Manager Salary - ₹10.0 Lakhs to ₹14.2 Lakhs per year
Bank of Baroda Processing Manager Salary - ₹8.0 Lakhs to ₹13.0 Lakhs per year

What is the salary of a Processing Manager in companies similar to Kotak Mahindra Bank in Mumbai?

HDFC Bank Processing Manager Salary - ₹4.7 Lakhs to ₹16.0 Lakhs per year
RBL Bank Processing Manager Salary - ₹3.6 Lakhs to ₹14.8 Lakhs per year
ICICI Bank Processing Manager Salary - ₹4.0 Lakhs to ₹13.5 Lakhs per year

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

The estimated take-home salary of a Processing Manager at Kotak Mahindra Bank ranges between ₹49,850 per month to ₹51,027 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Processing Manager salary in India which ranges between ₹4.5 Lakhs to ₹7.5 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Processing Manager at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Processing Managers in Mumbai reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Processing Manager Salaries in Mumbai

Kotak Mahindra Bank Processing Manager salary in Mumbai ranges between ₹4.5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.