Kotak Mahindra Bank Mumbai Senior Branch Manager Salaries by 5 Employees (Updated 2025)

1 - 15 years exp.

₹7 Lakhs - ₹17.4 Lakhs

Salary of majority employees

6% less than the average Senior Branch Manager Salary in Banking Companies for 1 - 15 years of experience

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Last Updated: 7 Nov 2024

Companies similar to Kotak Mahindra Bank for Senior Branch Manager in Mumbai

Kotak Mahindra Bank Senior Branch Manager Salary

1 - 15 years exp. (5 salaries)

₹7 L/yr - ₹17.4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Senior Branch Manager Salary 11 - 19 years exp. (26 salaries)	₹9.5 L/yr - ₹30 L/yr 90% more
Yes Bank Senior Branch Manager Salary 10 - 17 years exp. (3 salaries)	₹10.5 L/yr - ₹22 L/yr 29% more
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Bank of Baroda Senior Branch Manager Salary 9 - 13 years exp. (4 salaries)	₹24 L/yr - ₹28 L/yr 130% more
Care Health Insurance Senior Branch Manager Salary 7 - 16 years exp. (14 salaries)	₹6.5 L/yr - ₹8 L/yr 36% less
Bajaj Allianz Life Insurance Senior Branch Manager Salary 10 - 16 years exp. (6 salaries)	₹8.4 L/yr - ₹14 L/yr 9% less

Senior Branch Manager salary at Kotak Mahindra Bank ranges between ₹7 Lakhs to ₹17.4 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Branch Manager salaries in Mumbai

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹7 L/yr - ₹16.5 L/yr
2 years (AmbitionBox Estimate)	₹8 L/yr - ₹17 L/yr
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3 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
4 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
5 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
6 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹11.9 L/yr
7 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.2 L/yr
8 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
9 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
10 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
11 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
12 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.6 L/yr
13 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
14 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.1 L/yr
15+ years (AmbitionBox Estimate)	₹5.2 L/yr - ₹20.5 L/yr

View all

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Senior Relationship Manager Salary

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Senior Sales Manager Salary

(13 salaries)

₹8.15 L/yr - ₹13.55 L/yr

Area Manager Salary

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₹10 L/yr - ₹15 L/yr

Salary related reviews for Kotak Mahindra Bank

4.2

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

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

Salary - Bad

+6 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

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindra Bank Senior Branch Manager Salary FAQs

What is the salary of Senior Branch Manager at Kotak Mahindra Bank Mumbai?

Senior Branch Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹7.0 Lakhs to ₹17.4 Lakhs for experience between 1 years to 15 years. According to our estimates it is 6% less than the average Senior Branch Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

How does the salary of a Senior Branch Manager at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?

The average salary of a Senior Branch Manager at Kotak Mahindra Bank is 6% less than the average salary of a Senior Branch Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Senior Branch Manager in Mumbai?

Bank of Baroda Senior Branch Manager Salary - ₹24.0 Lakhs to ₹28.0 Lakhs per year
ICICI Bank Senior Branch Manager Salary - ₹9.5 Lakhs to ₹30.0 Lakhs per year
Yes Bank Senior Branch Manager Salary - ₹10.5 Lakhs to ₹22.0 Lakhs per year

What is the salary of a Senior Branch Manager in companies similar to Kotak Mahindra Bank in Mumbai?

Bajaj Allianz Life Insurance Senior Branch Manager Salary - ₹8.4 Lakhs to ₹14.0 Lakhs per year
Care Health Insurance Senior Branch Manager Salary - ₹6.5 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Senior Branch Manager at Kotak Mahindra Bank in Mumbai?

The estimated take-home salary of a Senior Branch Manager at Kotak Mahindra Bank ranges between ₹80,248 per month to ₹82,337 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Branch Manager salary in India which ranges between ₹7.0 Lakhs to ₹17.4 Lakhs per year for employees with experience between 1 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Senior Branch Manager at Kotak Mahindra Bank in Mumbai?

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

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Kotak Mahindra Bank Senior Branch Manager Salaries in Mumbai

Kotak Mahindra Bank Senior Branch Manager salary in Mumbai ranges between ₹7 Lakhs to ₹17.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.