Kotak Mahindra Bank Regional Business Manager Salaries by 20+ Employees (Updated 2024)

14 - 24 years exp.

₹22.1 Lakhs - ₹45 Lakhs

Salary of majority employees

112% more than the average Regional Business Manager Salary in Banking Companies for 14 - 24 years of experience

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Salaries in different departments

BFSI, Investments & Trading Regional Business Manager Salary 15 - 21 years exp. (12 salaries)	₹23 L/yr - ₹45 L/yr
Sales & Business Development Regional Business Manager Salary 14 - 24 years exp. (6 salaries)	₹22.1 L/yr - ₹39.4 L/yr
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Finance & Accounting Regional Business Manager Salary 20 - 21 years exp. (AmbitionBox Estimate)	₹26 L/yr - ₹34.6 L/yr
Customer Success, Service & Operations Regional Business Manager Salary 16 years exp. (AmbitionBox Estimate)	₹26.5 L/yr - ₹32.8 L/yr

Last Updated: 14 Dec 2024

Companies similar to Kotak Mahindra Bank for Regional Business Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Regional Business Manager Salary 5 - 27 years exp. (8 salaries)	₹18.3 L/yr - ₹42 L/yr 10% less
ICICI Bank Regional Business Manager Salary 6 - 17 years exp. (7 salaries)	₹5.9 L/yr - ₹15.8 L/yr 58% less
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Axis Bank Regional Business Manager Salary 13 - 18 years exp. (11 salaries)	₹14.5 L/yr - ₹28.5 L/yr 24% less
IndusInd Bank Regional Business Manager Salary 6 - 19 years exp. (3 salaries)	₹14 L/yr - ₹20.5 L/yr 43% less
Yes Bank Regional Business Manager Salary 10 - 20 years exp. (6 salaries)	₹17.5 L/yr - ₹27 L/yr 25% less
IDFC FIRST Bank Regional Business Manager Salary 12 - 13 years exp. (3 salaries)	₹17 L/yr - ₹31 L/yr 27% less
Bandhan Bank Regional Business Manager Salary 13 - 15 years exp. (4 salaries)	₹35 L/yr - ₹38 L/yr 18% more
Ujjivan Small Finance Bank Regional Business Manager Salary 14 - 24 years exp. (16 salaries)	₹25 L/yr - ₹43 L/yr 18% more
Utkarsh Small Finance Bank Regional Business Manager Salary 6 - 22 years exp. (4 salaries)	₹13.6 L/yr - ₹18.5 L/yr 51% less

Regional Business Manager salary at Kotak Mahindra Bank ranges between ₹22.1 Lakhs to ₹45 Lakhs per year for employees with experience between 14 years to 24 years. Salary estimates are based on 21 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Regional Business Manager salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹23.8 L/yr - ₹50.5 L/yr
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15+ years (20 salaries)	₹22.1 L/yr - ₹45 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Regional Business Head Salary

(6 salaries)

₹59 L/yr - ₹69 L/yr

Area Business Manager Salary

(140 salaries)

₹9 L/yr - ₹31 L/yr

Regional Manager Salary

(30 salaries)

₹6.98 L/yr - ₹16.28 L/yr

Business Manager Salary

(29 salaries)

₹7.25 L/yr - ₹15.4 L/yr

Zonal Sales Manager Salary

(9 salaries)

₹27 L/yr - ₹62 L/yr

Senior Sales Manager Salary

(74 salaries)

₹7.5 L/yr - ₹14 L/yr

Regional Head Sales Salary

(3 salaries)

₹18.71 L/yr - ₹33 L/yr

Area Sales Manager Salary

(246 salaries)

₹5.96 L/yr - ₹23 L/yr

Zonal Manager Salary

(6 salaries)

₹26.5 L/yr - ₹39.71 L/yr

Cluster Manager Salary

(54 salaries)

₹4.54 L/yr - ₹17 L/yr

Top skills at Kotak Mahindra Bank for Regional Business Manager

Risk Assessment WCF Agriculture Working Capital Management Production SME term loan Accounting Agribusiness SME Sales Working Capital SME Finance SME Banking Commodity Finance Agri Finance

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 3 employees for salary & benefits

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

Assistant Vice President in Ernakulam

Full Time

Finance & Accounting Department

4.0

• posted on 02 Jul 2024

1.0

for Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

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.

Dislikes

Salary, promortion - these are the worst over here.

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.

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.

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.

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.

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What people are saying about Kotak Mahindra Bank

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

2 participants . expiring in 2w

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Kotak Mahindra Bank Regional Business Manager Salary FAQs

What is the salary of Regional Business Manager at Kotak Mahindra Bank?

Regional Business Manager salary at Kotak Mahindra Bank in India ranges between ₹22.1 Lakhs to ₹45.0 Lakhs for experience between 14 years to 24 years. According to our estimates it is 112% more than the average Regional Business Manager Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Regional Business Manager at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Regional Business Manager at Kotak Mahindra Bank is 112% more than the average salary of a Regional Business Manager in India. To know exact salary insights, login to view.

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

Risk Assessment, WCF, Agriculture, Working Capital Management and Production are some of the popular skills required to work as a Regional Business Manager at Kotak Mahindra Bank India.

Which similar companies are paying more than Kotak Mahindra Bank to a Regional Business Manager in India?

Ujjivan Small Finance Bank Regional Business Manager Salary - ₹25.0 Lakhs to ₹43.0 Lakhs per year
Bandhan Bank Regional Business Manager Salary - ₹35.0 Lakhs to ₹38.0 Lakhs per year

What is the salary of a Regional Business Manager in companies similar to Kotak Mahindra Bank in India?

HDFC Bank Regional Business Manager Salary - ₹18.3 Lakhs to ₹42.0 Lakhs per year
Axis Bank Regional Business Manager Salary - ₹14.5 Lakhs to ₹28.5 Lakhs per year
Yes Bank Regional Business Manager Salary - ₹17.5 Lakhs to ₹27.0 Lakhs per year
IDFC FIRST Bank Regional Business Manager Salary - ₹17.0 Lakhs to ₹31.0 Lakhs per year
IndusInd Bank Regional Business Manager Salary - ₹14.0 Lakhs to ₹20.5 Lakhs per year

What is the estimated take home salary of a Regional Business Manager at Kotak Mahindra Bank in India?

The estimated take-home salary of a Regional Business Manager at Kotak Mahindra Bank ranges between ₹1,91,695 per month to ₹1,99,225 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Regional Business Manager salary in India which ranges between ₹22.1 Lakhs to ₹45.0 Lakhs per year for employees with experience between 14 years to 24 years. Check how did we calculate take home salary?

What is the notice period for Regional Business Manager at Kotak Mahindra Bank?

According to AmbitionBox, 93% of the Kotak Mahindra Bank Regional Business Managers reported a notice period of 3 Months, 3% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 27 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Regional Business Manager Salaries

Kotak Mahindra Bank Regional Business Manager salary in India ranges between ₹22.1 Lakhs to ₹45 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.