Kotak Mahindra Bank Regional Manager Salaries by 30+ Employees (Updated 2025)

3 - 20 years exp.

₹7 Lakhs - ₹21.3 Lakhs

Salary of majority employees

17% less than the average Regional Manager Salary in Banking Companies for 3 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Regional Manager Salary 3 - 20 years exp. (17 salaries)	₹6.9 L/yr - ₹21.3 L/yr
Sales & Business Development Regional Manager Salary 3 - 12 years exp. (4 salaries)	₹4.7 L/yr - ₹11.4 L/yr
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Administration & Facilities Regional Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹15.1 L/yr
Strategic & Top Management Regional Manager Salary 18 - 19 years exp. (AmbitionBox Estimate)	₹13.6 L/yr - ₹19 L/yr
Finance & Accounting Regional Manager Salary 10 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹11 L/yr

Last Updated: 17 Oct 2024

Companies similar to Kotak Mahindra Bank for Regional Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Regional Manager Salary 7 - 23 years exp. (22 salaries)	₹9.3 L/yr - ₹26.9 L/yr 57% more
ICICI Bank Regional Manager Salary 0 - 26 years exp. (144 salaries)	₹4 L/yr - ₹25.7 L/yr 18% more
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Axis Bank Regional Manager Salary 11 - 21 years exp. (36 salaries)	₹7.8 L/yr - ₹20.5 L/yr 27% more
State Bank of India Regional Manager Salary 12 - 26 years exp. (18 salaries)	₹21 L/yr - ₹50 L/yr 224% more
Yes Bank Regional Manager Salary 6 - 23 years exp. (24 salaries)	₹8.6 L/yr - ₹27 L/yr 50% more
IndusInd Bank Regional Manager Salary 8 - 21 years exp. (85 salaries)	₹5.5 L/yr - ₹21.7 L/yr 8% more
IDFC FIRST Bank Regional Manager Salary 10 - 19 years exp. (41 salaries)	₹12.3 L/yr - ₹39 L/yr 79% more
RBL Bank Regional Manager Salary 7 - 14 years exp. (4 salaries)	₹7.8 L/yr - ₹13.5 L/yr 12% less
Utkarsh Small Finance Bank Regional Manager Salary 7 - 17 years exp. (28 salaries)	₹5.3 L/yr - ₹15.5 L/yr 24% less
Bandhan Bank Regional Manager Salary 10 - 21 years exp. (24 salaries)	₹12 L/yr - ₹31.1 L/yr 87% more
Jana Small Finance Bank Regional Manager Salary 9 - 18 years exp. (15 salaries)	₹6 L/yr - ₹21.5 L/yr 4% less
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Ujjivan Small Finance Bank Regional Manager Salary 10 - 20 years exp. (11 salaries)	₹12.2 L/yr - ₹32.4 L/yr 72% more
City Union Bank Regional Manager Salary 1 - 18 years exp. (4 salaries)	₹3.2 L/yr - ₹24 L/yr 1% less
IDBI Bank Regional Manager Salary 15 - 17 years exp. (3 salaries)	₹23.4 L/yr - ₹29.9 L/yr 109% more
Canara Bank Regional Manager Salary 10 - 31 years exp. (3 salaries)	₹15 L/yr - ₹20.5 L/yr 36% more
South Indian Bank Regional Manager Salary 7 - 11 years exp. (3 salaries)	₹12 L/yr - ₹19 L/yr 21% more
Bank of Baroda Regional Manager Salary 22 - 31 years exp. (3 salaries)	₹20 L/yr - ₹48 L/yr 144% more
Paytm Payments Bank Regional Manager Salary 11 - 19 years exp. (3 salaries)	₹12.2 L/yr - ₹19.3 L/yr 28% more

Regional Manager salary at Kotak Mahindra Bank ranges between ₹7 Lakhs to ₹21.3 Lakhs per year for employees with experience between 3 years to 20 years. Salary estimates are based on 30 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Regional Manager salaries

Last Updated: 17 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹15 L/yr
4 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹15.9 L/yr
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5 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
6 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
7 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹18.5 L/yr
8 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹19.3 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹18 L/yr
10 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹21.1 L/yr
11 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹21.9 L/yr
12 years (AmbitionBox Estimate)	₹8 L/yr - ₹22.8 L/yr
13 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹23.7 L/yr
14 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹18.5 L/yr
15+ years (16 salaries)	₹9.3 L/yr - ₹25 L/yr

View all

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Top skills at Kotak Mahindra Bank for Regional Manager

Geology Pharmacology PPAP Preparation inpage hsse

Salary related reviews for Kotak Mahindra Bank

1.0

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

Salary - Bad

+6 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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Regional Manager Salary FAQs

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

Regional Manager salary at Kotak Mahindra Bank in India ranges between ₹7.0 Lakhs to ₹21.3 Lakhs for experience between 3 years to 20 years. According to our estimates it is 17% less than the average Regional Manager Salary in India. Salary estimates are based on 30 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Regional Manager at Kotak Mahindra Bank is 17% less than the average salary of a Regional Manager in India. To know exact salary insights, login to view.

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

Geology, Pharmacology, PPAP Preparation, inpage and hsse are some of the popular skills required to work as a Regional Manager at Kotak Mahindra Bank India.

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

State Bank of India Regional Manager Salary - ₹21.0 Lakhs to ₹50.0 Lakhs per year
Bank of Baroda Regional Manager Salary - ₹20.0 Lakhs to ₹48.0 Lakhs per year
IDBI Bank Regional Manager Salary - ₹23.4 Lakhs to ₹29.9 Lakhs per year
Bandhan Bank Regional Manager Salary - ₹12.0 Lakhs to ₹31.1 Lakhs per year
IDFC FIRST Bank Regional Manager Salary - ₹12.3 Lakhs to ₹39.0 Lakhs per year

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

Ujjivan Small Finance Bank Regional Manager Salary - ₹12.2 Lakhs to ₹32.4 Lakhs per year
HDFC Bank Regional Manager Salary - ₹9.3 Lakhs to ₹26.9 Lakhs per year
Yes Bank Regional Manager Salary - ₹8.6 Lakhs to ₹27.0 Lakhs per year
Canara Bank Regional Manager Salary - ₹15.0 Lakhs to ₹20.5 Lakhs per year
Paytm Payments Bank Regional Manager Salary - ₹12.2 Lakhs to ₹19.3 Lakhs per year

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

The estimated take-home salary of a Regional Manager at Kotak Mahindra Bank ranges between ₹88,102 per month to ₹90,414 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Regional Manager salary in India which ranges between ₹7.0 Lakhs to ₹21.3 Lakhs per year for employees with experience between 3 years to 20 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 95% of the Kotak Mahindra Bank Regional Managers reported a notice period of 3 Months, 5% reported a notice period of 1 Month.This is based on 22 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Regional Manager Salaries

Kotak Mahindra Bank Regional Manager salary in India ranges between ₹7 Lakhs to ₹21.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.