Kotak Mahindra Bank Mumbai Senior Manager Finance Salaries by 8 Employees (Updated 2025)

5 - 16 years exp.

₹6.9 Lakhs - ₹20 Lakhs

Salary of majority employees

50% less than the average Senior Manager Finance Salary in Banking Companies for 5 - 16 years of experience

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Last Updated: 25 Jun 2024

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

Kotak Mahindra Bank Senior Manager Finance Salary

5 - 16 years exp. (8 salaries)

₹6.9 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Finance Salary 3 - 12 years exp. (35 salaries)	₹11.5 L/yr - ₹23.3 L/yr 20% more
ICICI Bank Senior Manager Finance Salary 3 - 9 years exp. (4 salaries)	₹20 L/yr - ₹24 L/yr 50% more
Login to view exact salary
Yes Bank Senior Manager Finance Salary 4 - 15 years exp. (6 salaries)	₹10 L/yr - ₹18 L/yr 4% less
RBL Bank Senior Manager Finance Salary 4 - 7 years exp. (11 salaries)	₹10 L/yr - ₹16.5 L/yr 5% more
Bank of Baroda Senior Manager Finance Salary 9 - 12 years exp. (7 salaries)	₹14 L/yr - ₹30 L/yr 92% more
Union Bank of India Senior Manager Finance Salary 9 - 11 years exp. (4 salaries)	₹17.5 L/yr - ₹21 L/yr 40% more

Senior Manager Finance salary at Kotak Mahindra Bank ranges between ₹6.9 Lakhs to ₹20 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Manager Finance salaries in Mumbai

Last Updated: 25 Jun 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹20 L/yr
6 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr
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7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹16 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹16 L/yr
9 years (AmbitionBox Estimate)	₹11 L/yr - ₹26 L/yr
10 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.8 L/yr
11 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹15.2 L/yr
12 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
13 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
14 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
15+ years (3 salaries)	₹6.9 L/yr - ₹11 L/yr

View all

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Salary related reviews for Kotak Mahindra Bank

2.0

Rated by 1 employees for salary & benefits

Credit Manager in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 23 Sep 2023

1.0

for Salary and Benefits

Likes

Skill Development and Learning

Skill development - Good

Dislikes

No Work-Life balance,no Salary & Benefits,not happy with Promotions / Appraisal,no Work Satisfaction,I don't kwon Company Culture, but department culture is veridis happy

Salary - Bad

+5 more

Credit Processing Associate in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 23 Dec 2022

2.0

for Salary and Benefits

Likes

Good place to learn and for skill development got nice exposure of work.. and load of work is average so you got time for work and life both.. Nice place for learn

Skill development - Good

+1 more

Dislikes

It's a offroll job , so there is No salary increment for CPA ( credit processing associates) no other benefits..

Salary - Poor

+2 more

Credit Associate in Nagpur

Full Time

Other Department

2.0

• posted on 14 Feb 2023

1.0

for Salary and Benefits

Likes

Overall good mentor is good... Work is also ok... Bosses are good in nature

Company culture - Good

Dislikes

There is no salary hike in last 4 year... No growth in position.... Working in same salary & in same position from last 4 year

Salary - Bad

+2 more

Credit Processing Associate in Kotak House Near Trinity Metro Station Bangalore

Other Department

5.0

• posted on 29 May 2022

5.0

for Salary and Benefits

Likes

Kotak Mahindra Bank Business loan process is very good and long process and we will prepartion TAT is very dificulty and Very carfully updated last two yers financials and latest one year GST returns and latest one year Banking perfios after completed TAT easly process the case the working is very easly recomending the casese.

Salary - Excellent

+5 more

Dislikes

More work and less salary, there is no co-ordination in the team, any problem is raised asking me only, our team peoples doing mistakes managers asking me, any big Financial cases shared managers me only.

Promotions - Poor

Credit Analyst in Bangalore / Bengaluru

Wholesale Banking Department

4.0

• posted on 28 May 2022

2.0

for Salary and Benefits

Likes

In terms of other Indian Banks, Kotak is far better when it comes to Work Life Balance and Work Culture. People are much more professional here. You would love it if you become a part of the wholesale banking group.

Skill development - Good

+4 more

Dislikes

Pay is on the lower side with low hikes and bonuses. Even promotions are based on the biasness and not the skill of employees.

Salary - Poor

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

How to get more interview calls and which website better to upload resume

Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

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Kotak Mahindra Bank Senior Manager Finance Salary FAQs

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

Senior Manager Finance salary at Kotak Mahindra Bank in Mumbai ranges between ₹6.9 Lakhs to ₹20.0 Lakhs for experience between 5 years to 16 years. According to our estimates it is 50% less than the average Senior Manager Finance Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Senior Manager Finance at Kotak Mahindra Bank is 50% less than the average salary of a Senior Manager Finance in Mumbai. To know exact salary insights, login to view.

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

Bank of Baroda Senior Manager Finance Salary - ₹14.0 Lakhs to ₹30.0 Lakhs per year
ICICI Bank Senior Manager Finance Salary - ₹20.0 Lakhs to ₹24.0 Lakhs per year
Union Bank of India Senior Manager Finance Salary - ₹17.5 Lakhs to ₹21.0 Lakhs per year
HDFC Bank Senior Manager Finance Salary - ₹11.5 Lakhs to ₹23.3 Lakhs per year
RBL Bank Senior Manager Finance Salary - ₹10.0 Lakhs to ₹16.5 Lakhs per year

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

Yes Bank Senior Manager Finance Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager Finance at Kotak Mahindra Bank ranges between ₹96,152 per month to ₹98,749 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Manager Finance salary in India which ranges between ₹6.9 Lakhs to ₹20.0 Lakhs per year for employees with experience between 5 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Kotak Mahindra Bank Senior Manager Finances 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 Manager Finance Salaries in Mumbai

Kotak Mahindra Bank Senior Manager Finance salary in Mumbai ranges between ₹6.9 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.