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Kotak Mahindra Bank Procurement Manager salaries in Mumbai

Annual salary range
0 - 13 years exp.
₹5.2 Lakhs - ₹11.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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48% less than the average Procurement Manager Salary in Banking Companies for 0 - 13 years of experience

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Last Updated: 22 Nov 2024

Companies similar to Kotak Mahindra Bank for Procurement Manager in Mumbai

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Kotak Mahindra Bank Procurement Manager Salary

0 - 13 years exp. (3 salaries)

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₹5.2 L/yr - ₹11.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Procurement Manager Salary

8 - 14 years exp. (5 salaries)

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₹12 L/yr - ₹13 L/yr

arrow icon 54% more
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ICICI Bank Procurement Manager Salary

2 - 15 years exp. (11 salaries)

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₹5.5 L/yr - ₹17.9 L/yr

arrow icon 40% more
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Axis Bank Procurement Manager Salary

5 - 15 years exp. (9 salaries)

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₹6 L/yr - ₹15 L/yr

arrow icon 39% more
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Reliance Industries Procurement Manager Salary

1 - 20 years exp. (61 salaries)

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₹6.8 L/yr - ₹25.4 L/yr

arrow icon 89% more
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₹13 L/yr - ₹28.2 L/yr

arrow icon 122% more
Procurement Manager salary at Kotak Mahindra Bank ranges between ₹5.2 Lakhs to ₹11.5 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Procurement Manager in Mumbai

4w ago
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7 months exp.
2mo ago
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6 years exp.
1y ago
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13 years exp.

Experience wise Kotak Mahindra Bank Procurement Manager salaries in Mumbai

Last Updated: 22 Nov 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr
13 years (AmbitionBox Estimate)

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₹10.4 L/yr - ₹13.2 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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₹3.6 L/yr - ₹5.25 L/yr
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₹6.4 L/yr - ₹26 L/yr
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₹3.6 L/yr - ₹4.5 L/yr
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₹4.2 L/yr - ₹5.3 L/yr

Top skills at Kotak Mahindra Bank for Procurement Manager

Procurement Vendor Management Non It

Salary related reviews for Kotak Mahindra Bank

1.2

Rated by 2 employees for salary & benefits

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.

read 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.

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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.

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Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 22 Nov 2024

2.0
 for  Salary and Benefits

Likes

Kotak Mahindra Bank is such wonderful Bank to work. Bank having very good peocess and system.

Dislikes

...nd so many people act like they are running bank business like proprietary firm. Need to be appreciated the true hard working employee with salary increments as well.

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 19 Nov 2024

2.0
 for  Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

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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

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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

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Kotak Mahindra Bank Procurement Manager Salary FAQs

What is the notice period for Procurement Manager at Kotak Mahindra Bank in Mumbai?
According to AmbitionBox, 50% of the Kotak Mahindra Bank Procurement Manager s in Mumbai reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Procurement Manager salary in Mumbai ranges between ₹5.2 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.