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Kotak Mahindra Bank Senior Branch Manager salaries in India (Updated 2025)

Annual salary range
11 - 18 years exp.
₹8 Lakhs - ₹24.8 Lakhs
Salary of majority employees
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34% more than the average Senior Branch Manager Salary in Banking Companies for 11 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Branch Manager Salary
11 - 18 years exp. (50 salaries)
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₹8 L/yr - ₹27 L/yr

Sales & Business Development
Senior Branch Manager Salary
14 - 17 years exp. (6 salaries)
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₹10.1 L/yr - ₹26 L/yr

Customer Success, Service & Operations
Senior Branch Manager Salary
11 - 12 years exp. (3 salaries)
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₹10 L/yr - ₹14.7 L/yr

Last Updated: 25 Feb 2025

Companies similar to Kotak Mahindra Bank for Senior Branch Manager

Company name Avg Annual Salary Open Jobs
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ICICI Bank Senior Branch Manager Salary

10 - 19 years exp. (271 salaries)

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₹8 L/yr - ₹30 L/yr

arrow icon 24% more
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HDFC Bank Senior Branch Manager Salary

9 - 19 years exp. (195 salaries)

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₹7 L/yr - ₹20 L/yr

arrow icon 11% less
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₹8.5 L/yr - ₹18 L/yr

arrow icon 5% more
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Bank of Baroda Senior Branch Manager Salary

8 - 16 years exp. (52 salaries)

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₹10 L/yr - ₹28 L/yr

arrow icon 57% more
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Yes Bank Senior Branch Manager Salary

11 - 17 years exp. (41 salaries)

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₹7.3 L/yr - ₹23 L/yr

arrow icon 8% more
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₹4.7 L/yr - ₹12.7 L/yr

arrow icon 36% less
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Bandhan Bank Senior Branch Manager Salary

10 - 18 years exp. (34 salaries)

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₹8.8 L/yr - ₹16 L/yr

arrow icon 17% less
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₹12 L/yr - ₹25 L/yr

arrow icon 16% more
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Axis Bank Senior Branch Manager Salary

11 - 17 years exp. (28 salaries)

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₹7.9 L/yr - ₹15.6 L/yr

arrow icon 15% less
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IDFC FIRST Bank Senior Branch Manager Salary

7 - 16 years exp. (25 salaries)

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₹6 L/yr - ₹20 L/yr

arrow icon 15% less
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RBL Bank Senior Branch Manager Salary

5 - 17 years exp. (22 salaries)

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₹3 L/yr - ₹11.3 L/yr

arrow icon 56% less
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IndusInd Bank Senior Branch Manager Salary

11 - 20 years exp. (19 salaries)

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₹9.2 L/yr - ₹22.9 L/yr

arrow icon 8% more
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Canara Bank Senior Branch Manager Salary

7 - 16 years exp. (18 salaries)

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₹10 L/yr - ₹24 L/yr

arrow icon 18% more
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Vijaya Bank Senior Branch Manager Salary

6 - 14 years exp. (15 salaries)

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₹8.5 L/yr - ₹20 L/yr

arrow icon 17% less
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City Union Bank Senior Branch Manager Salary

8 - 17 years exp. (9 salaries)

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₹13 L/yr - ₹19.8 L/yr

arrow icon 19% more
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₹12.5 L/yr - ₹21 L/yr

arrow icon 12% more
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Federal Bank Senior Branch Manager Salary

10 - 12 years exp. (5 salaries)

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₹6 L/yr - ₹18 L/yr

arrow icon 31% less
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Karur Vysya Bank Senior Branch Manager Salary

8 - 11 years exp. (5 salaries)

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₹15.2 L/yr - ₹20 L/yr

arrow icon 19% more
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Corporation Bank Senior Branch Manager Salary

10 - 15 years exp. (4 salaries)

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₹12 L/yr - ₹15 L/yr

arrow icon 4% less
Senior Branch Manager salary at Kotak Mahindra Bank ranges between ₹8 Lakhs to ₹24.8 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 63 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Senior Branch Manager

5d ago
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14 years exp.
3w ago
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15 years exp.
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17 years exp.
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14 years exp.
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16 years exp.
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15 years exp.
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14 years exp.
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12 years exp.
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12 years exp.
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13 years exp.

Experience wise Kotak Mahindra Bank Senior Branch Manager salaries

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
11 years  (7 salaries)

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₹8 L/yr - ₹24.5 L/yr
12 years  (8 salaries)

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₹10.5 L/yr - ₹17 L/yr
13 years  (10 salaries)

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₹8.3 L/yr - ₹25 L/yr
14 years  (8 salaries)

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₹8.3 L/yr - ₹25.9 L/yr
15+ years  (30 salaries)

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₹8.8 L/yr - ₹27 L/yr
Kotak Mahindra Bank Senior Branch Manager Salary and Career Growth

From

To

Senior Branch Manager

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11 - 18 years exp.

Area Manager

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10 - 21 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Bank

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₹4.23 L/yr - ₹18 L/yr
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₹7.5 L/yr - ₹14 L/yr
Branch Manager Salary
(1k salaries)
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₹7 L/yr - ₹26 L/yr
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₹2.35 L/yr - ₹6 L/yr
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₹4.1 L/yr - ₹15.13 L/yr
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₹2 L/yr - ₹12 L/yr
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₹5.52 L/yr - ₹23 L/yr
Area Manager Salary
(95 salaries)
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₹7 L/yr - ₹26.6 L/yr
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₹5.6 L/yr - ₹15.5 L/yr
Sales Manager Salary
(749 salaries)
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₹2.17 L/yr - ₹10 L/yr

Salary related reviews for Kotak Mahindra Bank

3.6

Rated by 11 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 02 Mar 2025

2.0
 for  Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

read more
  • Salary - Poor
  • +6 more

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.

read more
  • Salary - Poor
  • +4 more

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

read more

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

read more
  • Salary - Bad
  • +6 more

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

read more
  • Salary - Bad
  • +5 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
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Kotak Mahindra Bank Senior Branch Manager Salary FAQs

What is the salary of Senior Branch Manager at Kotak Mahindra Bank ?
The average salary of a Senior Branch Manager at Kotak Mahindra Bank in India typically ranges from ₹8.0 Lakhs to ₹24.8 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of Senior Branch Manager at Kotak Mahindra Bank earn more than ₹24.8 Lakhs per year, and the top 1% earn over ₹27.0 Lakhs per year. Senior Branch Manager Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 60+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Senior Branch Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Senior Branch Manager at Kotak Mahindra Bank in India typically ranges from ₹1,00,670 to ₹1,03,413 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹24.8 Lakhs per year for employees with experience ranging from 11 years to 18 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 60+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kotak Mahindra Bank for Senior Branch Manager in India?
Bank of Baroda ₹10.0 Lakhs to ₹28.0 Lakhs per year
ICICI Bank ₹8.0 Lakhs to ₹30.0 Lakhs per year
City Union Bank ₹13.0 Lakhs to ₹19.8 Lakhs per year
Karur Vysya Bank ₹15.2 Lakhs to ₹20.0 Lakhs per year
Canara Bank ₹10.0 Lakhs to ₹24.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.
What is the salary of a Senior Branch Manager in companies similar to Kotak Mahindra Bank in India?
The salary of a Senior Branch Manager at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Union Bank of India ₹12.0 Lakhs to ₹25.0 Lakhs per year
Central Bank of India ₹12.5 Lakhs to ₹21.0 Lakhs per year
Yes Bank ₹7.3 Lakhs to ₹23.0 Lakhs per year
IndusInd Bank ₹9.2 Lakhs to ₹22.9 Lakhs per year
Ujjivan Small Finance Bank ₹8.5 Lakhs to ₹18.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Senior Branch Manager at Kotak Mahindra Bank in India?
The salary growth for a Senior Branch Manager at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Senior Branch Manager can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
11 years ₹8.0 Lakhs to ₹24.5 Lakhs per year
12 years ₹10.5 Lakhs to ₹17.0 Lakhs per year
13 years ₹8.3 Lakhs to ₹25.0 Lakhs per year
14 years ₹8.3 Lakhs to ₹25.9 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Senior Branch Manager salary in India ranges between ₹8 Lakhs to ₹24.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 63 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.