Kotak Mahindra Bank Pune Senior Branch Manager Salaries by 6 Employees (Updated 2025)

11 - 17 years exp.

₹8 Lakhs - ₹23.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Senior Branch Manager Salary in Banking Companies for 11 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Branch Manager Salary 11 - 14 years exp. (5 salaries)	₹8 L/yr - ₹14.9 L/yr
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Sales & Business Development Senior Branch Manager Salary 17 years exp. (AmbitionBox Estimate)	₹12.8 L/yr - ₹24.5 L/yr

Last Updated: 29 Jan 2025

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

Kotak Mahindra Bank Senior Branch Manager Salary

11 - 17 years exp. (6 salaries)

₹8 L/yr - ₹23.3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Senior Branch Manager Salary 11 - 17 years exp. (14 salaries)	₹12.2 L/yr - ₹30 L/yr 37% more
HDFC Bank Senior Branch Manager Salary 11 - 17 years exp. (7 salaries)	₹14.6 L/yr - ₹18 L/yr 15% more
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Yes Bank Senior Branch Manager Salary 15 - 16 years exp. (3 salaries)	₹13.2 L/yr - ₹23 L/yr 24% more	1 job opening
Care Health Insurance Senior Branch Manager Salary 7 - 18 years exp. (18 salaries)	₹6.3 L/yr - ₹9.7 L/yr 47% less	2 job openings
Bank of India Senior Branch Manager Salary 11 - 14 years exp. (5 salaries)	₹15 L/yr - ₹22.5 L/yr 43% more

Senior Branch Manager salary at Kotak Mahindra Bank ranges between ₹8 Lakhs to ₹23.3 Lakhs per year for employees with experience between 11 years to 17 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Branch Manager salaries in Pune

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
12 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
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13 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
14 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.3 L/yr
15+ years (AmbitionBox Estimate)	₹12.5 L/yr - ₹16 L/yr

From

Senior Branch Manager

11 - 18 years exp.

Area Manager

10 - 20 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

Sales Manager Salary

(85 salaries)

₹2.5 L/yr - ₹11 L/yr

Branch Manager Salary

(52 salaries)

₹7 L/yr - ₹27 L/yr

Operations Manager Salary

(18 salaries)

₹4 L/yr - ₹8.89 L/yr

Deputy Branch Manager Salary

(15 salaries)

₹9.2 L/yr - ₹13.15 L/yr

Area Sales Manager Salary

(13 salaries)

₹8 L/yr - ₹20 L/yr

Senior Sales Manager Salary

(11 salaries)

₹7.5 L/yr - ₹13.92 L/yr

Area Manager Salary

(11 salaries)

₹7 L/yr - ₹22 L/yr

Senior Relationship Manager Salary

(7 salaries)

₹5.1 L/yr - ₹14.25 L/yr

Salary related reviews for Kotak Mahindra Bank

Senior Relationship Manager in Ranchi

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

Salary - Poor

+6 more

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

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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a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Senior Branch Manager Salary FAQs

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

The average salary of a Senior Branch Manager at Kotak Mahindra Bank in Pune typically ranges from ₹8.0 Lakhs to ₹23.3 Lakhs per year, depending on experience (from 11 years to 17 years).

The top 10% of Senior Branch Manager in Pune at Kotak Mahindra Bank earn more than ₹23.3 Lakhs per year, and the top 1% earn over ₹24.5 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 6 Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Senior Branch Manager at Kotak Mahindra Bank in Pune typically ranges from ₹94,144 to ₹96,677 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹23.3 Lakhs per year for employees with experience ranging from 11 years to 17 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 6 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 India	₹15.0 Lakhs to ₹22.5 Lakhs per year
ICICI Bank	₹12.2 Lakhs to ₹30.0 Lakhs per year
Yes Bank	₹13.2 Lakhs to ₹23.0 Lakhs per year
HDFC Bank	₹14.6 Lakhs to ₹18.0 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 Pune?

The salary of a Senior Branch Manager at companies similar to Kotak Mahindra Bank in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Care Health Insurance

₹6.3 Lakhs to ₹9.7 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 Pune?

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

Experience	Average Salary Range
11 years	₹11.3 Lakhs to ₹14.4 Lakhs per year
12 years	₹11.5 Lakhs to ₹14.7 Lakhs per year
13 years	₹11.7 Lakhs to ₹15.0 Lakhs per year
14 years	₹11.9 Lakhs to ₹15.3 Lakhs per year

and so on.

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Kotak Mahindra Bank Senior Branch Manager Salaries in Pune

Kotak Mahindra Bank Senior Branch Manager salary in Pune ranges between ₹8 Lakhs to ₹23.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.