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

1 - 19 years exp.

₹5.3 Lakhs - ₹19.2 Lakhs

Salary of majority employees

Fixed (100%)

₹12.5 Lakhs

Variable (0%)

₹0.0

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42% less than the average Senior Manager Salary in Banking Companies for 1 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 1 - 19 years exp. (1.2k salaries)	Unlock ₹5.3 L/yr - ₹18 L/yr
Sales & Business Development Senior Manager Salary 1 - 18 years exp. (411 salaries)	Unlock ₹6 L/yr - ₹20.2 L/yr
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Finance & Accounting Senior Manager Salary 1 - 19 years exp. (357 salaries)	Unlock ₹6.1 L/yr - ₹21.5 L/yr
Customer Success, Service & Operations Senior Manager Salary 1 - 19 years exp. (277 salaries)	Unlock ₹6.1 L/yr - ₹20 L/yr
Data Science & Analytics Senior Manager Salary 1 - 16 years exp. (139 salaries)	Unlock ₹6.1 L/yr - ₹22 L/yr

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Last Updated: 5 Mar 2025

Companies similar to Kotak Mahindra Bank for Senior Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 4 - 21 years exp. (6.1k salaries)	Unlock ₹8 L/yr - ₹24 L/yr 21% more
ICICI Bank Senior Manager Salary 1 - 19 years exp. (1.7k salaries)	Unlock ₹8.4 L/yr - ₹28 L/yr 37% more
Login to view exact salary
Axis Bank Senior Manager Salary 2 - 21 years exp. (5.2k salaries)	Unlock ₹8 L/yr - ₹28 L/yr 29% more	2 job openings
State Bank of India Senior Manager Salary 5 - 15 years exp. (72 salaries)	Unlock ₹8.9 L/yr - ₹35 L/yr 66% more
Yes Bank Senior Manager Salary 2 - 18 years exp. (2.4k salaries)	Unlock ₹5.9 L/yr - ₹22 L/yr 1% less
IDFC FIRST Bank Senior Manager Salary 2 - 18 years exp. (1.4k salaries)	Unlock ₹7 L/yr - ₹22.4 L/yr 15% more
RBL Bank Senior Manager Salary 1 - 17 years exp. (792 salaries)	Unlock ₹6 L/yr - ₹20 L/yr 2% less
Bank of Baroda Senior Manager Salary 8 - 16 years exp. (367 salaries)	Unlock ₹9.6 L/yr - ₹37 L/yr 67% more
IndusInd Bank Senior Manager Salary 6 - 18 years exp. (355 salaries)	Unlock ₹5.3 L/yr - ₹20 L/yr 5% less
Bandhan Bank Senior Manager Salary 6 - 18 years exp. (318 salaries)	Unlock ₹6.4 L/yr - ₹20 L/yr At par

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Senior Manager salary at Kotak Mahindra Bank ranges between ₹5.3 Lakhs to ₹19.2 Lakhs per year for employees with experience between 1 year to 19 years. Salary estimates are based on 3.5k latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Senior Manager

3d ago

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8 years exp.

3d ago

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2 years exp.

3d ago

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8 years exp.

3d ago

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14 years exp.

5d ago

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5 years exp.

5d ago

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15 years exp.

5d ago

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8 years exp.

5d ago

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10 years exp.

6d ago

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6 years exp.

6d ago

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19 years exp.

Experience wise Kotak Mahindra Bank Senior Manager salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
1 year (22 salaries)	Unlock ₹8.4 L/yr - ₹20 L/yr
2 years (90 salaries)	Unlock ₹7.5 L/yr - ₹19.5 L/yr
Login to view exact salary
3 years (166 salaries)	Unlock ₹7.6 L/yr - ₹21 L/yr
4 years (193 salaries)	Unlock ₹6.1 L/yr - ₹23 L/yr
5 years (296 salaries)	Unlock ₹6 L/yr - ₹22 L/yr
6 years (279 salaries)	Unlock ₹6.1 L/yr - ₹21.5 L/yr
7 years (293 salaries)	Unlock ₹6 L/yr - ₹21.8 L/yr
8 years (351 salaries)	Unlock ₹5.5 L/yr - ₹19 L/yr
9 years (326 salaries)	Unlock ₹6.3 L/yr - ₹22.5 L/yr
10 years (355 salaries)	Unlock ₹5.3 L/yr - ₹22.5 L/yr
11 years (253 salaries)	Unlock ₹6 L/yr - ₹19.4 L/yr
12 years (232 salaries)	Unlock ₹5.6 L/yr - ₹22 L/yr
13 years (174 salaries)	Unlock ₹6 L/yr - ₹20.9 L/yr
14 years (171 salaries)	Unlock ₹6.1 L/yr - ₹20 L/yr
15+ years (319 salaries)	Unlock ₹6.5 L/yr - ₹18 L/yr

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From

Senior Manager

₹

Lakhs/yr

1 - 19 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Senior Manager 1 - 19 years exp.

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Associate Vice President 3 - 21 years exp.

Unlock

62% hike

Vice President 12 - 21 years exp.

Unlock

100% hike

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₹7.5 L/yr - ₹14 L/yr

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₹7 L/yr - ₹25.56 L/yr

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₹7 L/yr - ₹27.04 L/yr

Marketing Manager Salary

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₹4.2 L/yr - ₹15 L/yr

Business Manager Salary

(31 salaries)

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₹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 416 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

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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?

Senior Manager salary at Kotak Mahindra Bank in India ranges between ₹5.3 Lakhs to ₹19.2 Lakhs for experience between 1 years to 19 years. According to our estimates it is 42% less than the average Senior Manager Salary in India. Salary estimates are based on 3.5k latest salaries received from various employees of Kotak Mahindra Bank India.

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

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

What are the top skills required to work as a Senior Manager at Kotak Mahindra Bank?

inbound voice process, Relationship Management, Tableau, Data Analysis and Cross Selling are some of the popular skills required to work as a Senior Manager at Kotak Mahindra Bank India.

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

Paytm Payments Bank Senior Manager Salary - ₹13.8 Lakhs to ₹40.0 Lakhs per year
Federal Bank Senior Manager Salary - ₹9.6 Lakhs to ₹30.0 Lakhs per year
HSBC Global Banking and Markets Senior Manager Salary - ₹17.0 Lakhs to ₹31.6 Lakhs per year
Canara Bank Senior Manager Salary - ₹12.0 Lakhs to ₹32.0 Lakhs per year
J&K Bank Senior Manager Salary - ₹18.8 Lakhs to ₹22.5 Lakhs per year

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

Bank of Baroda Senior Manager Salary - ₹9.6 Lakhs to ₹37.0 Lakhs per year
State Bank of India Senior Manager Salary - ₹8.9 Lakhs to ₹35.0 Lakhs per year
UCO Bank Senior Manager Salary - ₹9.3 Lakhs to ₹30.0 Lakhs per year
Chase Bank Senior Manager Salary - ₹16.0 Lakhs to ₹26.0 Lakhs per year
Union Bank of India Senior Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year

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 ranges between ₹88,835 per month to ₹91,168 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Manager salary in India which ranges between ₹5.3 Lakhs to ₹19.2 Lakhs per year for employees with experience between 1 years to 19 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the Kotak Mahindra Bank Senior Managers reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 2.2k responses on AmbitionBox in last 2 years.

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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 ₹5.3 Lakhs to ₹19.2 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