Kotak Mahindra Bank Retail Operations Manager Salaries by 7 Employees (Updated 2024)

4 - 10 years exp.

₹2.9 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

42% less than the average Retail Operations Manager Salary in Banking Companies for 4 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Retail Operations Manager Salary 9 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.5 L/yr
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Customer Success, Service & Operations Retail Operations Manager Salary 8 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹6.4 L/yr

Last Updated: 7 Apr 2023

Companies similar to Kotak Mahindra Bank for Retail Operations Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Retail Operations Manager Salary 2 - 15 years exp. (19 salaries)	₹1 L/yr - ₹9 L/yr 21% more
ICICI Bank Retail Operations Manager Salary 0 - 12 years exp. (22 salaries)	₹3.4 L/yr - ₹8 L/yr 31% more
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Axis Bank Retail Operations Manager Salary 2 - 10 years exp. (24 salaries)	₹2.9 L/yr - ₹8 L/yr 1% less
IndusInd Bank Retail Operations Manager Salary 2 - 13 years exp. (5 salaries)	₹3.6 L/yr - ₹5.7 L/yr 1% less
Yes Bank Retail Operations Manager Salary 0 - 11 years exp. (7 salaries)	₹5.5 L/yr - ₹8.5 L/yr 27% more
IDBI Bank Retail Operations Manager Salary 10 - 15 years exp. (3 salaries)	₹11.2 L/yr - ₹20.2 L/yr 213% more

Retail Operations Manager salary at Kotak Mahindra Bank ranges between ₹2.9 Lakhs to ₹6.5 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Retail Operations Manager salaries

Last Updated: 7 Apr 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6.4 L/yr
9 years (3 salaries)	₹2.9 L/yr - ₹6.5 L/yr
10 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8.3 L/yr

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Salary related reviews for Kotak Mahindra Bank

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

Corporate Accounts Manager in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 12 Sep 2023

3.0

for Salary and Benefits

Likes

The likes depends on the manager if the manager is supporting and helpful it is great but if he is not then it is problematic.

Dislikes

...n who takes account is not even satisfied then how it will promote the business.if you want to work in salary business work for HSBC and Standard Chartered.

Branch Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 07 Oct 2023

2.0

for Salary and Benefits

Likes

promotion and training only best thing

Dislikes

No parents medical coverage & no salary as per Role ,no benifits for long service Employee only getting Rs 5000 for after 5 years completion work. here main focus only Li

Senior Relationship Manager in Pune

Full Time

Product Management Department

4.0

• posted on 10 Oct 2022

3.0

for Salary and Benefits

Likes

Good Work life Balance Management is humble Good Brand

Dislikes

Not paying salary as per the grade Targets are not specified and keeps changing. Critical conditions to earn incentives Poor evaluation system

Sales Officer in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 07 Jan 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn't address our issues.

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

4 participants . poll closed

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Kotak Mahindra Bank Retail Operations Manager Salary FAQs

What is the salary of Retail Operations Manager at Kotak Mahindra Bank?

Retail Operations Manager salary at Kotak Mahindra Bank in India ranges between ₹2.9 Lakhs to ₹6.5 Lakhs for experience between 4 years to 10 years. According to our estimates it is 42% less than the average Retail Operations 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 Retail Operations Manager at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Retail Operations Manager at Kotak Mahindra Bank is 42% less than the average salary of a Retail Operations Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Retail Operations Manager in India?

IDBI Bank Retail Operations Manager Salary - ₹11.2 Lakhs to ₹20.2 Lakhs per year
ICICI Bank Retail Operations Manager Salary - ₹3.4 Lakhs to ₹8.0 Lakhs per year
Yes Bank Retail Operations Manager Salary - ₹5.5 Lakhs to ₹8.5 Lakhs per year
HDFC Bank Retail Operations Manager Salary - ₹1.0 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Retail Operations Manager in companies similar to Kotak Mahindra Bank in India?

IndusInd Bank Retail Operations Manager Salary - ₹3.6 Lakhs to ₹5.7 Lakhs per year
Axis Bank Retail Operations Manager Salary - ₹2.9 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Retail Operations Manager at Kotak Mahindra Bank in India?

The estimated take-home salary of a Retail Operations Manager at Kotak Mahindra Bank ranges between ₹35,537 per month to ₹36,769 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Retail Operations Manager salary in India which ranges between ₹2.9 Lakhs to ₹6.5 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Kotak Mahindra Bank Retail Operations Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Retail Operations Manager Salaries

Kotak Mahindra Bank Retail Operations Manager salary in India ranges between ₹2.9 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.