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Kotak Mahindra Bank Regional Manager salaries in Mumbai

Annual salary range
7 - 17 years exp.
₹7.5 Lakhs - ₹17 Lakhs
Salary of majority employees
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24% less than the average Regional Manager Salary in Banking Companies for 7 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Regional Manager Salary
7 - 17 years exp. (4 salaries)
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₹7.5 L/yr - ₹24.5 L/yr

Finance & Accounting
Regional Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹11 L/yr

Last Updated: 6 Aug 2024

Companies similar to Kotak Mahindra Bank for Regional Manager in Mumbai

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Kotak Mahindra Bank Regional Manager Salary

7 - 17 years exp. (5 salaries)

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₹7.5 L/yr - ₹17 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Regional Manager Salary

6 - 26 years exp. (12 salaries)

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₹6 L/yr - ₹25.7 L/yr

arrow icon 19% more
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Axis Bank Regional Manager Salary

15 - 19 years exp. (4 salaries)

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₹29 L/yr - ₹32 L/yr

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State Bank of India Regional Manager Salary

20 - 26 years exp. (5 salaries)

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₹30 L/yr - ₹50 L/yr

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Yes Bank Regional Manager Salary

7 - 18 years exp. (6 salaries)

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₹14.3 L/yr - ₹24 L/yr

arrow icon 64% more
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IndusInd Bank Regional Manager Salary

8 - 16 years exp. (3 salaries)

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₹6.7 L/yr - ₹18 L/yr

arrow icon 13% more
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IDFC FIRST Bank Regional Manager Salary

11 - 18 years exp. (10 salaries)

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₹13 L/yr - ₹30 L/yr

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Regional Manager salary at Kotak Mahindra Bank ranges between ₹7.5 Lakhs to ₹17 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

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

7mo ago
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16 years exp.
1y ago
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7 years exp.
1y ago
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15 years exp.
1y ago
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17 years exp.
1y ago
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10 years exp.

Experience wise Kotak Mahindra Bank Regional Manager salaries in Mumbai

Last Updated: 6 Aug 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹17.6 L/yr
8 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr
9 years (AmbitionBox Estimate)

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₹9.8 L/yr - ₹12.5 L/yr
10 years (AmbitionBox Estimate)

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₹11 L/yr - ₹20.6 L/yr
11 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(3.4k salaries)
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₹1.65 L/yr - ₹8.2 L/yr
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₹1.8 L/yr - ₹10.5 L/yr
Branch Manager Salary
(134 salaries)
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₹7.5 L/yr - ₹25.56 L/yr
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₹8.15 L/yr - ₹13.55 L/yr
Area Manager Salary
(9 salaries)
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₹9 L/yr - ₹21.62 L/yr
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₹10 L/yr - ₹15.4 L/yr

Top skills at Kotak Mahindra Bank for Regional Manager

Geology Pharmacology PPAP Preparation inpage hsse

Salary related reviews for Kotak Mahindra Bank

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

read more

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

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more

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.

read more
  • 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.

read more
  • Work satisfaction - Bad
  • +2 more

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.

read more
  • Salary - Poor
  • +4 more

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.

read more
  • Skill development - Poor
  • +1 more
see more salary related reviews

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Kotak Mahindra Bank Regional Manager Salary FAQs

What is the salary of Regional Manager at Kotak Mahindra Bank Mumbai?
Regional Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹7.5 Lakhs to ₹17.0 Lakhs for experience between 7 years to 17 years. According to our estimates it is 24% less than the average Regional Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.
How does the salary of a Regional Manager at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?
The average salary of a Regional Manager at Kotak Mahindra Bank is 24% less than the average salary of a Regional Manager in Mumbai. 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 Mumbai.
Which similar companies are paying more than Kotak Mahindra Bank to a Regional Manager in Mumbai?
  • State Bank of India Regional Manager Salary - ₹30.0 Lakhs to ₹50.0 Lakhs per year
  • Axis Bank Regional Manager Salary - ₹29.0 Lakhs to ₹32.0 Lakhs per year
  • IDFC FIRST Bank Regional Manager Salary - ₹13.0 Lakhs to ₹30.0 Lakhs per year
  • Yes Bank Regional Manager Salary - ₹14.3 Lakhs to ₹24.0 Lakhs per year
  • ICICI Bank Regional Manager Salary - ₹6.0 Lakhs to ₹25.7 Lakhs per year
What is the salary of a Regional Manager in companies similar to Kotak Mahindra Bank in Mumbai?
  • IndusInd Bank Regional Manager Salary - ₹6.7 Lakhs to ₹18.0 Lakhs per year
What is the estimated take home salary of a Regional Manager at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Regional Manager at Kotak Mahindra Bank ranges between ₹87,221 per month to ₹89,508 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Regional Manager salary in India which ranges between ₹7.5 Lakhs to ₹17.0 Lakhs per year for employees with experience between 7 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Regional Manager at Kotak Mahindra Bank in Mumbai?
According to AmbitionBox, 80% of the Kotak Mahindra Bank Regional Managers in Mumbai reported a notice period of 3 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Regional Manager salary in Mumbai ranges between ₹7.5 Lakhs to ₹17 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.