Kotak Mahindra Bank Relationship Manager - SME Salaries by 5 Employees (Updated 2025)

1 - 11 years exp.

₹7.2 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Relationship Manager - SME Salary in Banking Companies for 1 - 11 years of experience

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Salaries in different departments

Sales & Business Development Relationship Manager - SME Salary 6 - 10 years exp. (AmbitionBox Estimate)	₹8.9 L/yr - ₹11 L/yr
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BFSI, Investments & Trading Relationship Manager - SME Salary 1 year exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹13.2 L/yr

Last Updated: 1 Jan 2025

Companies similar to Kotak Mahindra Bank for Relationship Manager - SME

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Relationship Manager - SME Salary 4 - 8 years exp. (4 salaries)	₹8 L/yr - ₹13.3 L/yr 2% less
ICICI Bank Relationship Manager - SME Salary 0 - 8 years exp. (50 salaries)	₹4.4 L/yr - ₹18 L/yr 3% more
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Axis Bank Relationship Manager - SME Salary 1 - 13 years exp. (29 salaries)	₹5.4 L/yr - ₹17 L/yr 6% less
State Bank of India Relationship Manager - SME Salary 4 - 15 years exp. (31 salaries)	₹12 L/yr - ₹25 L/yr 99% more
IndusInd Bank Relationship Manager - SME Salary 4 - 18 years exp. (4 salaries)	₹5.5 L/yr - ₹20 L/yr 27% more
Yes Bank Relationship Manager - SME Salary 0 - 13 years exp. (6 salaries)	₹9.2 L/yr - ₹12.5 L/yr 7% more
IDFC FIRST Bank Relationship Manager - SME Salary 1 - 8 years exp. (5 salaries)	₹4.5 L/yr - ₹12 L/yr 20% less
Bandhan Bank Relationship Manager - SME Salary 6 - 16 years exp. (16 salaries)	₹6.8 L/yr - ₹13.1 L/yr 3% more
Bank of Baroda Relationship Manager - SME Salary 11 - 31 years exp. (3 salaries)	₹5 L/yr - ₹16.8 L/yr 4% less
City Union Bank Relationship Manager - SME Salary 5 - 13 years exp. (3 salaries)	₹10.5 L/yr - ₹13.5 L/yr 18% more

Relationship Manager - SME salary at Kotak Mahindra Bank ranges between ₹7.2 Lakhs to ₹11 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Relationship Manager - SME salaries

Last Updated: 1 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹7.2 L/yr - ₹16.8 L/yr
2 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
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3 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
4 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.3 L/yr
5 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹11 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹11 L/yr
8 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12.1 L/yr
9 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.2 L/yr
10 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹19.5 L/yr
11 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹19.8 L/yr

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Top skills at Kotak Mahindra Bank for Relationship Manager - SME

Relationship Management Communication Skills Presentation Skills Financial Analysis Sales

Salary related reviews for Kotak Mahindra Bank

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Salary - Good

+1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Skill development - Bad

+3 more

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

Salary - Poor

+4 more

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

Service Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 05 Feb 2024

1.0

for Salary and Benefits

Likes

All process al very smooth and cooperative staff

Skill development - Excellent

+4 more

Dislikes

Too low salary increament and for promotion BM promote only his dear ones ...person who working hard for bank and vintage staff they simply ignore him while promotion and salary increament

Salary - Bad

+1 more

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

How to get more interview calls and which website better to upload resume

Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

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Kotak Mahindra Bank Relationship Manager - SME Salary FAQs

What is the salary of Relationship Manager - SME at Kotak Mahindra Bank?

Relationship Manager - SME salary at Kotak Mahindra Bank in India ranges between ₹7.2 Lakhs to ₹11.0 Lakhs for experience between 1 years to 11 years. According to our estimates it is 13% less than the average Relationship Manager - SME Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Relationship Manager - SME at Kotak Mahindra Bank is 13% less than the average salary of a Relationship Manager - SME in India. To know exact salary insights, login to view.

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

Relationship Management, Communication Skills, Presentation Skills, Financial Analysis and Sales are some of the popular skills required to work as a Relationship Manager - SME at Kotak Mahindra Bank India.

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

State Bank of India Relationship Manager - SME Salary - ₹12.0 Lakhs to ₹25.0 Lakhs per year
IndusInd Bank Relationship Manager - SME Salary - ₹5.5 Lakhs to ₹20.0 Lakhs per year
City Union Bank Relationship Manager - SME Salary - ₹10.5 Lakhs to ₹13.5 Lakhs per year
Yes Bank Relationship Manager - SME Salary - ₹9.2 Lakhs to ₹12.5 Lakhs per year
Bandhan Bank Relationship Manager - SME Salary - ₹6.8 Lakhs to ₹13.1 Lakhs per year

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

ICICI Bank Relationship Manager - SME Salary - ₹4.4 Lakhs to ₹18.0 Lakhs per year
HDFC Bank Relationship Manager - SME Salary - ₹8.0 Lakhs to ₹13.3 Lakhs per year
Bank of Baroda Relationship Manager - SME Salary - ₹5.0 Lakhs to ₹16.8 Lakhs per year
Axis Bank Relationship Manager - SME Salary - ₹5.4 Lakhs to ₹17.0 Lakhs per year
IDFC FIRST Bank Relationship Manager - SME Salary - ₹4.5 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Relationship Manager - SME at Kotak Mahindra Bank ranges between ₹73,236 per month to ₹75,127 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Relationship Manager - SME salary in India which ranges between ₹7.2 Lakhs to ₹11.0 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager - SME at Kotak Mahindra Bank?

According to AmbitionBox, 57% of the Kotak Mahindra Bank Relationship Manager - SMEs reported a notice period of 3 Months, 43% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Relationship Manager - SME Salaries

Kotak Mahindra Bank Relationship Manager - SME salary in India ranges between ₹7.2 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.