Kotak Mahindra Bank Release Manager Salaries by 3 Employees

3 - 10 years exp.

₹3.2 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

76% less than the average Release Manager Salary in Banking Companies for 3 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations Release Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr
Marketing & Communication Release Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
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Sales & Business Development Release Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 12 Jan 2024

Companies similar to Kotak Mahindra Bank for Release Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Release Manager Salary 2 - 6 years exp. (6 salaries)	₹2.4 L/yr - ₹4.5 L/yr 5% less
Jana Small Finance Bank Release Manager Salary 1 - 9 years exp. (4 salaries)	₹3.3 L/yr - ₹4.6 L/yr 8% less
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HDFC Bank Release Manager Salary 6 - 7 years exp. (3 salaries)	₹2 L/yr - ₹3.2 L/yr 26% less
RBL Bank Release Manager Salary 0 - 9 years exp. (3 salaries)	₹3.3 L/yr - ₹6 L/yr 31% more
TCS Release Manager Salary 2 - 15 years exp. (155 salaries)	₹4.3 L/yr - ₹17.7 L/yr 172% more

Release Manager salary at Kotak Mahindra Bank ranges between ₹3.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Release Manager salaries

Last Updated: 12 Jan 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

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Salary related reviews for Kotak Mahindra Bank

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

Team Lead in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 08 May 2023

2.0

for Salary and Benefits

Likes

You get a lot of learning exposure. Job security is very good. 5 days working benefit. Overall a great experience.

Job security - Excellent

Dislikes

Newly recruited person are taken for high salary where as existing employees do not have the value. Work for 2 years and change the company we ll have dignity then. Wen required sales and when required service changes in sop very frequently. We end up learning n experience all these as well.

Salary - Poor

+1 more

Senior Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Apr 2021

1.0

for Salary and Benefits

Likes

Job security

Job security - Good

Dislikes

Poor compensation - No increments given in 2020 despite a great year for the bank. Senior mgmt. benefits from stock options while increments and bonuses for Senior Associates/VPs are significantly lower than peers.

Salary - Bad

+3 more

Assistant Vice President

Procurement & Supply Chain Department

4.0

• posted on 03 Feb 2018

3.0

for Salary and Benefits

Likes

1)Adopts latest technology. 2)complaints handling is good,especially in internal audit.

Skill development - Good

Dislikes

...m area managers for insurance business and no proper support to bank managers. 3)More work ,less salary packages . 4)so Many windows for loans and advances which leads to customer dissatisfaction. 5)daily 3-4 conference calls,which effects customer service.

Associate Vice President in Noida

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.

Work satisfaction - Poor

+2 more

see more salary related reviews

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Kotak Mahindra Bank Release Manager Salary FAQs

How the salary growth look like for a Release Manager at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
3 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
10 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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Kotak Mahindra Bank Release Manager Salaries

Kotak Mahindra Bank Release Manager salary in India ranges between ₹3.2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.