Kotak Mahindra Bank Mumbai PSM Salaries by 2 Employees (Updated 2025)

10 - 13 years exp.

₹6 Lakhs - ₹7.6 Lakhs

Low Confidence

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Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindra Bank for PSM in Mumbai

Kotak Mahindra Bank PSM Salary

10 - 13 years exp. (AmbitionBox Estimate)

₹6 L/yr - ₹7.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Amul India PSM Salary 2 - 5 years exp. (4 salaries)	₹1.7 L/yr - ₹3 L/yr 70% less
Login to view exact salary
Britannia PSM Salary 4 - 7 years exp. (4 salaries)	₹2.2 L/yr - ₹3.2 L/yr 53% less

PSM salary at Kotak Mahindra Bank ranges between ₹6 Lakhs to ₹7.6 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindra Bank.

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Salary related reviews for Kotak Mahindra Bank

Sales & Marketing in New Delhi

BFSI, Investments & Trading Department

5.0

• posted on 11 Apr 2022

3.0

for Salary and Benefits

Likes

I like this company .. good work environment and culture. teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling.

Skill development - Excellent

+4 more

Dislikes

Salary is decent but career growth is slow. There is a bond of 5 years before which you cannot resign on the job training is not given to new joiners.

Promotions - Poor

Assistant Manager Digital Marketing in Bangalore / Bengaluru

Digital sales Department

4.0

• posted on 03 Apr 2018

3.0

for Salary and Benefits

Likes

It's good , team-mates are supportable,good training, normal growth, salary is good, travel is bad,no politics, learning is good,work environment is average, innovation is good,work life is better

Skill development - Good

+3 more

Dislikes

Timings in digital sales, motivation, appraisal,

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

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

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Kotak Mahindra Bank PSM Salary FAQs

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

According to AmbitionBox, 100% of the Kotak Mahindra Bank PSMs in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank PSM Salaries in Mumbai

Kotak Mahindra Bank PSM salary in Mumbai ranges between ₹6 Lakhs to ₹7.6 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.