Kotak Mahindra Bank Regional Head Salaries by 10+ Employees (Updated 2024)

10 - 20 years exp.

₹16.5 Lakhs - ₹35 Lakhs

Salary of majority employees

At par with the average Regional Head Salary in Banking Companies for 10 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Regional Head Salary 14 - 17 years exp. (4 salaries)	₹16.5 L/yr - ₹27 L/yr
Customer Success, Service & Operations Regional Head Salary 19 - 20 years exp. (AmbitionBox Estimate)	₹19.5 L/yr - ₹21.4 L/yr
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Sales & Business Development Regional Head Salary 17 years exp. (AmbitionBox Estimate)	₹19.8 L/yr - ₹27.5 L/yr

Last Updated: 9 Oct 2024

Companies similar to Kotak Mahindra Bank for Regional Head

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Regional Head Salary 13 - 23 years exp. (51 salaries)	₹18.5 L/yr - ₹60 L/yr 46% more
ICICI Bank Regional Head Salary 11 - 26 years exp. (543 salaries)	₹12.7 L/yr - ₹55 L/yr 29% more
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Axis Bank Regional Head Salary 11 - 22 years exp. (36 salaries)	₹10.8 L/yr - ₹34.5 L/yr 17% less
State Bank of India Regional Head Salary 7 - 17 years exp. (4 salaries)	₹15 L/yr - ₹24 L/yr 19% less	1 job opening
IndusInd Bank Regional Head Salary 12 - 23 years exp. (225 salaries)	₹11 L/yr - ₹45 L/yr 7% more	3 job openings
Yes Bank Regional Head Salary 10 - 22 years exp. (53 salaries)	₹11.1 L/yr - ₹38.6 L/yr 3% less	2 job openings
IDFC FIRST Bank Regional Head Salary 11 - 22 years exp. (120 salaries)	₹16.5 L/yr - ₹50 L/yr 24% more
RBL Bank Regional Head Salary 13 - 25 years exp. (14 salaries)	₹15 L/yr - ₹32 L/yr 3% more
Bandhan Bank Regional Head Salary 16 - 22 years exp. (35 salaries)	₹16.5 L/yr - ₹54.8 L/yr 41% more
Jana Small Finance Bank Regional Head Salary 7 - 19 years exp. (146 salaries)	₹7.9 L/yr - ₹22.4 L/yr 40% less
Ujjivan Small Finance Bank Regional Head Salary 14 - 20 years exp. (15 salaries)	₹20.2 L/yr - ₹30.1 L/yr 4% more
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IDBI Bank Regional Head Salary 17 - 20 years exp. (5 salaries)	₹28 L/yr - ₹40.3 L/yr 36% more
Utkarsh Small Finance Bank Regional Head Salary 10 - 18 years exp. (6 salaries)	₹8.6 L/yr - ₹17 L/yr 52% less
Standard Chartered Regional Head Salary 9 - 19 years exp. (4 salaries)	₹18 L/yr - ₹38.4 L/yr 21% more
Canara Bank Regional Head Salary 23 - 28 years exp. (3 salaries)	₹28 L/yr - ₹35 L/yr 28% more

Regional Head salary at Kotak Mahindra Bank ranges between ₹16.5 Lakhs to ₹35 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Regional Head salaries

Last Updated: 9 Oct 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹20 L/yr - ₹28 L/yr
11 years (AmbitionBox Estimate)	₹21.8 L/yr - ₹27.9 L/yr
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12 years (AmbitionBox Estimate)	₹21.8 L/yr - ₹27.8 L/yr
13 years (AmbitionBox Estimate)	₹21.8 L/yr - ₹27.8 L/yr
14 years (3 salaries)	₹17 L/yr - ₹35 L/yr
15+ years (8 salaries)	₹16.5 L/yr - ₹27.5 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Regional Manager Salary

(31 salaries)

₹4.9 L/yr - ₹16.55 L/yr

Regional Head Sales Salary

(3 salaries)

₹18.71 L/yr - ₹33 L/yr

Business Head Salary

(AmbitionBox Estimate)

₹61.8 L/yr - ₹68.3 L/yr

Sales Head Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Cluster Head Salary

(51 salaries)

₹3.86 L/yr - ₹16.5 L/yr

State Head Salary

(15 salaries)

₹10.2 L/yr - ₹19 L/yr

Regional Business Head Salary

(6 salaries)

₹59 L/yr - ₹69 L/yr

Zonal Manager Salary

(6 salaries)

₹26.5 L/yr - ₹39.71 L/yr

General Manager Salary

(3 salaries)

₹20.24 L/yr - ₹24 L/yr

Area Manager Salary

(105 salaries)

₹7.03 L/yr - ₹25 L/yr

Salary related reviews for Kotak Mahindra Bank

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.

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.

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.

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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 Head Salary FAQs

What is the salary of Regional Head at Kotak Mahindra Bank?

Regional Head salary at Kotak Mahindra Bank in India ranges between ₹16.5 Lakhs to ₹35.0 Lakhs for experience between 10 years to 20 years. According to our estimates it is 3% more than the average Regional Head Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Regional Head at Kotak Mahindra Bank is 3% more than the average salary of a Regional Head in India. To know exact salary insights, login to view.

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

HDFC Bank Regional Head Salary - ₹18.5 Lakhs to ₹60.0 Lakhs per year
Bandhan Bank Regional Head Salary - ₹16.5 Lakhs to ₹54.8 Lakhs per year
IDBI Bank Regional Head Salary - ₹28.0 Lakhs to ₹40.3 Lakhs per year
ICICI Bank Regional Head Salary - ₹12.7 Lakhs to ₹55.0 Lakhs per year
Canara Bank Regional Head Salary - ₹28.0 Lakhs to ₹35.0 Lakhs per year

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

IDFC FIRST Bank Regional Head Salary - ₹16.5 Lakhs to ₹50.0 Lakhs per year
Standard Chartered Regional Head Salary - ₹18.0 Lakhs to ₹38.4 Lakhs per year
IndusInd Bank Regional Head Salary - ₹11.0 Lakhs to ₹45.0 Lakhs per year
Ujjivan Small Finance Bank Regional Head Salary - ₹20.2 Lakhs to ₹30.1 Lakhs per year
RBL Bank Regional Head Salary - ₹15.0 Lakhs to ₹32.0 Lakhs per year

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

The estimated take-home salary of a Regional Head at Kotak Mahindra Bank ranges between ₹1,53,762 per month to ₹1,59,577 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Regional Head salary in India which ranges between ₹16.5 Lakhs to ₹35.0 Lakhs per year for employees with experience between 10 years to 20 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 90% of the Kotak Mahindra Bank Regional Heads reported a notice period of 3 Months, 10% reported a notice period of 15 days or less.This is based on 10 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Regional Head Salaries

Kotak Mahindra Bank Regional Head salary in India ranges between ₹16.5 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.