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Kotak Mahindra Bank Relationship Wealth Manager salaries in India

Annual salary range
3 - 9 years exp.
₹4.7 Lakhs - ₹6.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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6% less than the average Relationship Wealth Manager Salary in Banking Companies for 3 - 9 years of experience

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Last Updated: 10 Aug 2024

Companies similar to Kotak Mahindra Bank for Relationship Wealth Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Relationship Wealth Manager Salary

0 - 9 years exp. (26 salaries)

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₹4.2 L/yr - ₹10 L/yr

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ICICI Bank Relationship Wealth Manager Salary

0 - 10 years exp. (190 salaries)

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₹2 L/yr - ₹10.5 L/yr

At par
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Axis Bank Relationship Wealth Manager Salary

0 - 12 years exp. (12 salaries)

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₹3.5 L/yr - ₹10 L/yr

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₹6 L/yr - ₹13 L/yr

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₹5 L/yr - ₹19 L/yr

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Yes Bank Relationship Wealth Manager Salary

6 - 10 years exp. (9 salaries)

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₹5 L/yr - ₹12.5 L/yr

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₹3.5 L/yr - ₹11 L/yr

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RBL Bank Relationship Wealth Manager Salary

2 - 8 years exp. (5 salaries)

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₹5 L/yr - ₹6.4 L/yr

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₹8 L/yr - ₹9.3 L/yr

arrow icon 47% more
Relationship Wealth Manager salary at Kotak Mahindra Bank ranges between ₹4.7 Lakhs to ₹6.5 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Relationship Wealth Manager

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9 years exp.
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8 years exp.

Experience wise Kotak Mahindra Bank Relationship Wealth Manager salaries

Last Updated: 10 Aug 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹6 L/yr - ₹11.1 L/yr
4 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹11 L/yr
5 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹10.9 L/yr
6 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹10.8 L/yr
7 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹6.8 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

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₹1.5 L/yr - ₹10 L/yr
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₹13 L/yr - ₹17 L/yr
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₹3.24 L/yr - ₹11 L/yr
Wealth Manager Salary
(16 salaries)
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₹5.5 L/yr - ₹13 L/yr
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₹3.3 L/yr - ₹11.3 L/yr
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₹3 L/yr - ₹9.5 L/yr
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₹5 L/yr - ₹15.12 L/yr
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₹5.5 L/yr - ₹17.7 L/yr
Branch Manager Salary
(1k salaries)
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₹7 L/yr - ₹25.56 L/yr
Deputy Manager Salary
(11.3k salaries)
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₹1.65 L/yr - ₹8.5 L/yr

Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 5 employees for salary & benefits

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.

read more
  • Work satisfaction - Poor
  • +2 more

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +3 more

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.

read more
  • Salary - Bad

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.

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  • 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.

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  • 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.

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

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Kotak Mahindra Bank Relationship Wealth Manager Salary FAQs

What is the salary of Relationship Wealth Manager at Kotak Mahindra Bank?
Relationship Wealth Manager salary at Kotak Mahindra Bank in India ranges between ₹4.7 Lakhs to ₹6.5 Lakhs for experience between 3 years to 9 years. According to our estimates it is 6% less than the average Relationship Wealth Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Relationship Wealth Manager at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Relationship Wealth Manager at Kotak Mahindra Bank is 6% less than the average salary of a Relationship Wealth Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Relationship Wealth Manager in India?
  • IndusInd Bank Relationship Wealth Manager Salary - ₹5.0 Lakhs to ₹19.0 Lakhs per year
  • Bandhan Bank Relationship Wealth Manager Salary - ₹8.0 Lakhs to ₹9.3 Lakhs per year
  • Yes Bank Relationship Wealth Manager Salary - ₹5.0 Lakhs to ₹12.5 Lakhs per year
  • State Bank of India Relationship Wealth Manager Salary - ₹6.0 Lakhs to ₹13.0 Lakhs per year
  • IDFC FIRST Bank Relationship Wealth Manager Salary - ₹3.5 Lakhs to ₹11.0 Lakhs per year
What is the salary of a Relationship Wealth Manager in companies similar to Kotak Mahindra Bank in India?
  • Axis Bank Relationship Wealth Manager Salary - ₹3.5 Lakhs to ₹10.0 Lakhs per year
  • HDFC Bank Relationship Wealth Manager Salary - ₹4.2 Lakhs to ₹10.0 Lakhs per year
  • ICICI Bank Relationship Wealth Manager Salary - ₹2.0 Lakhs to ₹10.5 Lakhs per year
  • RBL Bank Relationship Wealth Manager Salary - ₹5.0 Lakhs to ₹6.4 Lakhs per year
What is the estimated take home salary of a Relationship Wealth Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Relationship Wealth Manager at Kotak Mahindra Bank ranges between ₹45,566 per month to ₹46,648 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Relationship Wealth Manager salary in India which ranges between ₹4.7 Lakhs to ₹6.5 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Relationship Wealth Manager at Kotak Mahindra Bank?
According to AmbitionBox, 60% of the Kotak Mahindra Bank Relationship Wealth Managers reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Relationship Wealth Manager salary in India ranges between ₹4.7 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.