Kotak Mahindra Bank Senior Manager Salaries by 3500+ Employees (Updated 2025)

2 - 19 years exp.

₹6.5 Lakhs - ₹19 Lakhs

Salary of majority employees

43% less than the average Senior Manager Salary in Banking Companies for 2 - 19 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 2 - 19 years exp. (1.2k salaries)	₹6.4 L/yr - ₹18 L/yr
Sales & Business Development Senior Manager Salary 2 - 18 years exp. (410 salaries)	₹5.6 L/yr - ₹20.2 L/yr
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Finance & Accounting Senior Manager Salary 2 - 19 years exp. (356 salaries)	₹6.1 L/yr - ₹21.5 L/yr
Customer Success, Service & Operations Senior Manager Salary 2 - 19 years exp. (280 salaries)	₹5.2 L/yr - ₹20 L/yr
Data Science & Analytics Senior Manager Salary 2 - 16 years exp. (141 salaries)	₹6.1 L/yr - ₹22 L/yr

View all

Last Updated: 20 Mar 2025

Companies similar to Kotak Mahindra Bank for Senior Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 3 - 21 years exp. (6.3k salaries)	₹8 L/yr - ₹25 L/yr 23% more
Axis Bank Senior Manager Salary 2 - 21 years exp. (5.2k salaries)	₹8 L/yr - ₹24.1 L/yr 30% more	2 job openings
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Yes Bank Senior Manager Salary 2 - 18 years exp. (2.3k salaries)	₹5.9 L/yr - ₹21.5 L/yr At par
ICICI Bank Senior Manager Salary 1 - 20 years exp. (1.8k salaries)	₹8.5 L/yr - ₹28 L/yr 37% more
IDFC FIRST Bank Senior Manager Salary 2 - 18 years exp. (1.3k salaries)	₹7 L/yr - ₹23 L/yr 16% more
RBL Bank Senior Manager Salary 1 - 17 years exp. (802 salaries)	₹6 L/yr - ₹20.1 L/yr At par
Bank of Baroda Senior Manager Salary 8 - 16 years exp. (367 salaries)	₹9.6 L/yr - ₹37 L/yr 72% more
IndusInd Bank Senior Manager Salary 6 - 18 years exp. (354 salaries)	₹5.3 L/yr - ₹20 L/yr 5% less
Canara Bank Senior Manager Salary 8 - 15 years exp. (325 salaries)	₹12 L/yr - ₹30 L/yr 78% more
Bandhan Bank Senior Manager Salary 6 - 18 years exp. (313 salaries)	₹6.5 L/yr - ₹21.5 L/yr At par

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Senior Manager salary at Kotak Mahindra Bank ranges between ₹6.5 Lakhs to ₹19 Lakhs per year for employees with experience between 2 years to 19 years. Salary estimates are based on 3.5k latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Manager salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
2 years (89 salaries)	₹7.5 L/yr - ₹19.5 L/yr
3 years (167 salaries)	₹5.6 L/yr - ₹21 L/yr
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4 years (197 salaries)	₹6.1 L/yr - ₹23 L/yr
5 years (296 salaries)	₹6 L/yr - ₹22 L/yr
6 years (276 salaries)	₹6.1 L/yr - ₹21.5 L/yr
7 years (295 salaries)	₹6 L/yr - ₹21.8 L/yr
8 years (354 salaries)	₹5.2 L/yr - ₹19 L/yr
9 years (339 salaries)	₹6.8 L/yr - ₹22.5 L/yr
10 years (355 salaries)	₹5.3 L/yr - ₹22.5 L/yr
11 years (256 salaries)	₹6 L/yr - ₹19.4 L/yr
12 years (232 salaries)	₹5.6 L/yr - ₹22 L/yr
13 years (178 salaries)	₹6.1 L/yr - ₹20.9 L/yr
14 years (171 salaries)	₹6.1 L/yr - ₹20 L/yr
15+ years (312 salaries)	₹6.5 L/yr - ₹18 L/yr

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From

Senior Manager

₹

Lakhs/yr

2 - 19 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Senior Manager

2 - 19 years exp.

Associate Vice President

3 - 21 years exp.

63% hike

Vice President

12 - 21 years exp.

102% hike

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

Store Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Regional Manager Salary

(29 salaries)

₹4.65 L/yr - ₹20.15 L/yr

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8.5 L/yr

Territory Manager Salary

(54 salaries)

₹5.6 L/yr - ₹15.5 L/yr

Sales Manager Salary

(868 salaries)

₹2.04 L/yr - ₹10 L/yr

Senior Sales Manager Salary

(74 salaries)

₹7.5 L/yr - ₹14 L/yr

Branch Manager Salary

(1k salaries)

₹7 L/yr - ₹26 L/yr

Area Manager Salary

(95 salaries)

₹7 L/yr - ₹26.6 L/yr

Marketing Manager Salary

(22 salaries)

₹6.48 L/yr - ₹15 L/yr

Business Manager Salary

(31 salaries)

₹6.8 L/yr - ₹15.4 L/yr

Top skills at Kotak Mahindra Bank for Senior Manager

inbound voice process Relationship Management Tableau Data Analysis Cross Selling

Salary related reviews for Kotak Mahindra Bank

3.3

Rated by 426 employees for salary & benefits

Senior Manager in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 17 Oct 2024

3.0

for Salary and Benefits

Likes

Employee home loan facility for staff at lesser rate of interest ....nearly 50% less rest is ok ok

Dislikes

...ime extended working hours .....Which somewhere it disturbs work life balance... Salary hike is average and bonus depends on work

Promotions - Poor

+1 more

Senior Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 21 Jun 2024

3.0

for Salary and Benefits

Likes

Nothing to like only salary they will give and nothing to like

Dislikes

Kotak Mahindra Bank is the worst place for working, highly pressure from senior level , branch manager abusing to employees, if you not able to serve business they told why are you living you should be dead , one day not do business any time they call to meet with area manager till 9pm , they scold and no support from supervisor full politics no meaning of team work supervisor support only there favourite employee all businesses give to them only. Don't go with this worst bank.

Skill development - Bad

+5 more

Senior Manager in Mumbai

Full Time

IT & Information Security Department

1.0

• posted on 01 May 2024

1.0

for Salary and Benefits

Likes

Nothing to liked here

Dislikes

No work life balance, no strategic planning and working by anyone. Offical working days are 5 days But you will required to work all 7 days without any compensation like comp off or extra pay even on public holiy you might be asked or required to work.

Salary - Bad

+6 more

Senior Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 02 Feb 2024

4.0

for Salary and Benefits

Likes

Salary package are good.

Salary - Good

Dislikes

HR is really unsupportive and even the whistle blower policy is of no use, I have raised a concern and addressed them about leaders marking unnecessary LOPs however the action are not taken against leaders. One of location head in open market credit card department there are 350 executive has left and 13 senior managers have been harrassed and left organization. But still HR does not show any concern.

Skill development - Bad

+5 more

Senior Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 Oct 2023

3.0

for Salary and Benefits

Likes

Its good for freshers to start your career with kotak in terms of learning at a medium pace

Job security - Excellent

+3 more

Dislikes

Salary hike at the time of appraisal is quite low as compared to other banks No bonus declarations to the employees

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Senior Manager Salary FAQs

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

The average salary of a Senior Manager at Kotak Mahindra Bank in India typically ranges from ₹6.5 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 2 years to 19 years).

The top 10% of Senior Manager at Kotak Mahindra Bank earn more than ₹15.4 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Senior 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 3500+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Senior Manager at Kotak Mahindra Bank in India typically ranges from ₹88,516 to ₹90,839 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 2 years to 19 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 3500+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Manager at Kotak Mahindra Bank ?

To be a Senior Manager at Kotak Mahindra Bank in india, the key skills required include:

- inbound voice process
- Relationship Management
- Tableau
- Data Analysis
- Cross Selling

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindra Bank for Senior Manager in India?

HSBC Global Banking and Markets	₹17.0 Lakhs to ₹31.6 Lakhs per year
Paytm Payments Bank	₹13.8 Lakhs to ₹40.0 Lakhs per year
Federal Bank	₹10.0 Lakhs to ₹30.0 Lakhs per year
Canara Bank	₹12.0 Lakhs to ₹30.0 Lakhs per year
Bank of Baroda	₹9.6 Lakhs to ₹37.0 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 Manager in companies similar to Kotak Mahindra Bank in India?

The salary of a Senior 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:

J&K Bank	₹18.8 Lakhs to ₹22.5 Lakhs per year
Union Bank of India	₹9.0 Lakhs to ₹35.0 Lakhs per year
UCO Bank	₹9.3 Lakhs to ₹30.0 Lakhs per year
Chase Bank	₹16.0 Lakhs to ₹26.0 Lakhs per year
South Indian Bank	₹10.0 Lakhs to ₹24.5 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 Manager at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
2 years	₹7.5 Lakhs to ₹19.5 Lakhs per year
3 years	₹5.6 Lakhs to ₹21.0 Lakhs per year
4 years	₹6.1 Lakhs to ₹23.0 Lakhs per year
5 years	₹6.0 Lakhs to ₹22.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Senior Manager Salaries by Location

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Kotak Mahindra Bank Senior Manager Salaries

Kotak Mahindra Bank Senior Manager salary in India ranges between ₹6.5 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 3.5k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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

Companies similar to Kotak Mahindra Bank for Senior Manager

Latest annual salaries shared by Kotak Mahindra Bank Senior Manager

Experience wise Kotak Mahindra Bank Senior Manager salaries

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Senior Manager

Salary related reviews for Kotak Mahindra Bank

Senior Manager in Mumbai

Senior Manager in Bangalore / Bengaluru

Senior Manager in Mumbai

Senior Manager in Mumbai

Senior Manager in Mumbai

Kotak Mahindra Bank Senior Manager Salary FAQs

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Kotak Mahindra Bank Senior Manager Salaries by Location