Kotak Mahindra Bank Retail Banking Manager Salaries by 2 Employees (Updated 2025)

0 - 4 years exp.

₹4.1 Lakhs - ₹5.2 Lakhs

Low Confidence

Salary of majority employees

Interested in this particular role?

Last Updated: 25 Sep 2024

Companies similar to Kotak Mahindra Bank for Retail Banking Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Retail Banking Manager Salary 4 - 13 years exp. (6 salaries)	₹5.2 L/yr - ₹13.5 L/yr 75% more
ICICI Bank Retail Banking Manager Salary 1 - 5 years exp. (7 salaries)	₹4.5 L/yr - ₹7.5 L/yr 9% more
Login to view exact salary
Axis Bank Retail Banking Manager Salary 6 - 19 years exp. (5 salaries)	₹5.2 L/yr - ₹20 L/yr 161% more
Yes Bank Retail Banking Manager Salary 1 - 8 years exp. (4 salaries)	₹3.2 L/yr - ₹5.8 L/yr 4% more
IDBI Bank Retail Banking Manager Salary 12 - 17 years exp. (3 salaries)	₹19 L/yr - ₹23.7 L/yr 377% more
Canara Bank Retail Banking Manager Salary 9 - 12 years exp. (3 salaries)	₹12 L/yr - ₹15 L/yr 195% more

Retail Banking Manager salary at Kotak Mahindra Bank ranges between ₹4.1 Lakhs to ₹5.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindra Bank.

Similar Designation salaries in Kotak Mahindra Bank

Deputy Branch Manager Salary

(185 salaries)

₹4.08 L/yr - ₹16 L/yr

Relationship Manager Salary

(2.5k salaries)

₹1.5 L/yr - ₹10 L/yr

Department Manager Salary

(11 salaries)

₹2.8 L/yr - ₹4.92 L/yr

Operations Manager Salary

(261 salaries)

₹2 L/yr - ₹10 L/yr

Team Manager Salary

(122 salaries)

₹1.7 L/yr - ₹10.1 L/yr

Branch Manager Salary

(1k salaries)

₹7 L/yr - ₹25.56 L/yr

Sales Manager Salary

(773 salaries)

₹1.2 L/yr - ₹10.01 L/yr

Program Manager Salary

(10 salaries)

₹7 L/yr - ₹20 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Senior Operations Manager Salary

(33 salaries)

₹5.2 L/yr - ₹15.25 L/yr

Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 2 employees for salary & benefits

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

Operations Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

There is no work pressure its harmful for your future

Job security - Excellent

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

Salary - Bad

+5 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

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.

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Retail Banking Manager Salary FAQs

What is the notice period for Retail Banking Manager at Kotak Mahindra Bank?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Retail Banking Managers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Retail Banking Manager Salaries

Kotak Mahindra Bank Retail Banking Manager salary in India ranges between ₹4.1 Lakhs to ₹5.2 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.