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Kotak Mahindra Bank Relationship Manager - Business Banking salaries in Indore

Annual salary range
3 - 6 years exp.
₹5.6 Lakhs - ₹11 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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12% less than the average Relationship Manager - Business Banking Salary in Banking Companies for 3 - 6 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading
Relationship Manager - Business Banking Salary
4 - 6 years exp. (AmbitionBox Estimate)
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₹5.6 L/yr - ₹8.6 L/yr

Sales & Business Development
Relationship Manager - Business Banking Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹7.6 L/yr - ₹11 L/yr

Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindra Bank for Relationship Manager - Business Banking in Indore

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Kotak Mahindra Bank Relationship Manager - Business Banking Salary

3 - 6 years exp. (4 salaries)

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₹5.6 L/yr - ₹11 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹8.5 L/yr - ₹9.5 L/yr

arrow icon 14% more
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₹2.3 L/yr - ₹2.9 L/yr

arrow icon 69% less
Relationship Manager - Business Banking salary at Kotak Mahindra Bank ranges between ₹5.6 Lakhs to ₹11 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Relationship Manager - Business Banking salaries in Indore

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹7 L/yr - ₹9 L/yr
4 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9.1 L/yr
5 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.1 L/yr
6 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr

Top skills at Kotak Mahindra Bank for Relationship Manager - Business Banking

Relationship Management Bfsi Sales Corporate Banking Business Banking Private Banking Commercial Banking Corporate Banking Cross Selling liabilities Current Account Portfolio Management LI Forex Trading Banking Wealth Management

Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 24 Mar 2025

2.0
 for  Salary and Benefits

Likes

On time salary

  • Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 18 Mar 2025

2.0
 for  Salary and Benefits

Likes

There is nothing much to like except you may see a level of job security if you're doing good in ops or sales work

Dislikes

Almost every aspect of the job that includes culture, managers, management, decisions, promotions, salary, all other perks, work life balance is NIL, kissing of Manger's hand may allow you to grow mostly, a company with worst management who doesn't even care for employees and men who are working hard. Please do not join if you have some other better options in hand

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 13 Mar 2025

4.0
 for  Salary and Benefits

Likes

Salary, Skill Development, promotions.

  • Salary - Good
  • +3 more

Dislikes

Managers who are not following the company policy. Too much process in account opening and POS. Customer funds are getting hold in the individual current accounts for like 12 months or 13 months. Ridiculous. Worst service provider to the customers. The bank is giving priority to sales only. Not for service.

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 02 Mar 2025

2.0
 for  Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 08 Feb 2025

3.0
 for  Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

  • Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

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  • Work satisfaction - Poor
  • +2 more
see more salary related reviews

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Kotak Mahindra Bank Relationship Manager - Business Banking Salary FAQs

What is the salary of Relationship Manager - Business Banking at Kotak Mahindra Bank in Indore?
The average salary of a Relationship Manager - Business Banking at Kotak Mahindra Bank in Indore typically ranges from ₹5.6 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Relationship Manager - Business Banking in Indore at Kotak Mahindra Bank earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Relationship Manager - Business Banking Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Relationship Manager - Business Banking at Kotak Mahindra Bank in Indore?
The estimated take-home salary of a Relationship Manager - Business Banking at Kotak Mahindra Bank in Indore typically ranges from ₹59,417 to ₹60,917 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 3 years to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Relationship Manager - Business Banking at Kotak Mahindra Bank in Indore?
To be a Relationship Manager - Business Banking at Kotak Mahindra Bank in Indore, the key skills required include:

  • - Relationship Management
  • - Bfsi Sales
  • - Corporate Banking
  • - Business Banking
  • - Private Banking

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindra Bank for Relationship Manager - Business Banking in India?
Standard Chartered ₹8.5 Lakhs to ₹9.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.
What is the salary of a Relationship Manager - Business Banking in companies similar to Kotak Mahindra Bank in Indore?
The salary of a Relationship Manager - Business Banking at companies similar to Kotak Mahindra Bank in Indore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Attero Recycling ₹2.3 Lakhs to ₹2.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Relationship Manager - Business Banking at Kotak Mahindra Bank in Indore?
The salary growth for a Relationship Manager - Business Banking at Kotak Mahindra Bank in Indore depends on factors such as experience, performance, and promotions. On average, a Relationship Manager - Business Banking in Indore can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
3 years ₹7.0 Lakhs to ₹9.0 Lakhs per year
4 years ₹7.1 Lakhs to ₹9.1 Lakhs per year
5 years ₹7.2 Lakhs to ₹9.1 Lakhs per year
6 years ₹7.2 Lakhs to ₹9.2 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Relationship Manager - Business Banking salary in Indore ranges between ₹5.6 Lakhs to ₹11 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.