Kotak Mahindra Bank Mumbai Regional Processing Manager Salaries by Employees

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₹12.2 Lakhs - ₹15.5 Lakhs

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Last Updated: 23 Aug 2024

Companies similar to Kotak Mahindra Bank for Regional Processing Manager in Mumbai

Kotak Mahindra Bank Regional Processing Manager Salary

15 years exp. (AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Deutsche Bank Regional Processing Manager Salary 10 - 13 years exp. (3 salaries)	₹8.9 L/yr - ₹10.9 L/yr 26% less

Regional Processing Manager salary at Kotak Mahindra Bank ranges between ₹12.2 Lakhs to ₹15.5 Lakhs per year for employees with 15+ years of experience. Salary estimates are based on 1 latest salaries received from various employees of Kotak Mahindra Bank.

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Salary related reviews for Kotak Mahindra Bank

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

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

Skill development - Good

+2 more

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.

Salary - Bad

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

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What people are saying about Kotak Mahindra Bank

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a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Regional Processing Manager Salary FAQs

How the salary growth look like for a Regional Processing Manager at Kotak Mahindra Bank in Mumbai?

The salary growth for a Regional Processing Manager at Kotak Mahindra Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Regional Processing Manager in Mumbai can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
15 years	₹12.2 Lakhs to ₹15.5 Lakhs per year

and so on.

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Kotak Mahindra Bank Regional Processing Manager Salaries in Mumbai

Kotak Mahindra Bank Regional Processing Manager salary in Mumbai ranges between ₹12.2 Lakhs to ₹15.5 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.