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Kotak Mahindra Bank Senior Manager-HR salaries in Mumbai (Updated 2025)

Annual salary range
4 - 12 years exp.
₹10.6 Lakhs - ₹17 Lakhs
Salary of majority employees
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22% less than the average Senior Manager-HR Salary in Banking Companies for 4 - 12 years of experience

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Last Updated: 25 Feb 2025

Companies similar to Kotak Mahindra Bank for Senior Manager-HR in Mumbai

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Kotak Mahindra Bank Senior Manager-HR Salary

4 - 12 years exp. (14 salaries)

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₹10.6 L/yr - ₹17 L/yr

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Company name Avg Annual Salary Open Jobs
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ICICI Bank Senior Manager-HR Salary

3 - 7 years exp. (20 salaries)

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₹16 L/yr - ₹26.1 L/yr

arrow icon 60% more
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Axis Bank Senior Manager-HR Salary

7 - 14 years exp. (13 salaries)

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₹13.5 L/yr - ₹20.5 L/yr

arrow icon 13% more
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HDFC Bank Senior Manager-HR Salary

7 - 14 years exp. (11 salaries)

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₹13 L/yr - ₹20.2 L/yr

arrow icon 13% more
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Yes Bank Senior Manager-HR Salary

6 - 11 years exp. (6 salaries)

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₹9.3 L/yr - ₹12.5 L/yr

arrow icon 18% less
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IndusInd Bank Senior Manager-HR Salary

7 - 15 years exp. (4 salaries)

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₹12 L/yr - ₹23 L/yr

arrow icon 12% less
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RBL Bank Senior Manager-HR Salary

12 - 14 years exp. (3 salaries)

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₹17 L/yr - ₹22 L/yr

arrow icon 35% more
Senior Manager-HR salary at Kotak Mahindra Bank ranges between ₹10.6 Lakhs to ₹17 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 14 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Senior Manager-HR in Mumbai

1mo ago
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10 years exp.
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6 years exp.
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10 years exp.
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12 years exp.
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8 years exp.

Experience wise Kotak Mahindra Bank Senior Manager-HR salaries in Mumbai

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹13.1 L/yr - ₹16.7 L/yr
5 years  (3 salaries)

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₹11.4 L/yr - ₹16 L/yr
6 years (AmbitionBox Estimate)

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₹13.3 L/yr - ₹17 L/yr
7 years (AmbitionBox Estimate)

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₹13.4 L/yr - ₹17.1 L/yr
8 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.2 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

HR Executive Salary
(91 salaries)
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₹1.25 L/yr - ₹4.5 L/yr
HR Manager Salary
(24 salaries)
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₹4.7 L/yr - ₹17 L/yr
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₹1.58 L/yr - ₹3.2 L/yr
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₹16 L/yr - ₹22 L/yr
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₹21.25 L/yr - ₹34 L/yr
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₹5 L/yr - ₹11 L/yr
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₹3 L/yr - ₹3.74 L/yr
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₹2.16 L/yr - ₹4 L/yr
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₹2.5 L/yr - ₹4.3 L/yr
HR Associate Salary
(4 salaries)
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₹2.4 L/yr - ₹4.71 L/yr

Top skills at Kotak Mahindra Bank for Senior Manager-HR

Payroll Processing Leave Management Report Preparation Vendor Payments Senior Management Invoice Processing Human Resource Management Expenses Accounting HR Operations HR Budgeting

Salary related reviews for Kotak Mahindra Bank

5.0

Rated by 1 employees for salary & benefits

BFSI, Investments & Trading Department

4.0
  •  posted on 01 Aug 2020

2.0
 for  Salary and Benefits

Likes

... build the knowledge and carrier.my colleagues are very nice and helping nature. company has provide salary in lockdown to every employee also they are getting touch with employee on calls and massages.

read more
  • Skill development - Good
  • +1 more

Dislikes

salary /appraisal, career growth

  • Salary - Poor
  • +2 more

Finance & Accounting Department

4.0
  •  posted on 15 Jul 2020

3.0
 for  Salary and Benefits

Likes

Good work environment and culture. Very supportive and friendly management. Company policies are good.. Work from home facility's for covid -19 lockdown time.

read more
  • Skill development - Good
  • +2 more

Dislikes

Work pressure very high. Salary for not good

Human Resources Department

3.0
  •  posted on 08 May 2021

2.0
 for  Salary and Benefits

Likes

I loved my immediate colleagues.

Dislikes

...worth it, they promote people seeing their tenure and that also after 4-5 years. There is no salary growth for 3rd party payroll employees. It's like they just don't care.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 24 Mar 2025

2.0
 for  Salary and Benefits

Likes

On time salary

  • Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 18 Mar 2025

2.0
 for  Salary and Benefits

Likes

There is nothing much to like except you may see a level of job security if you're doing good in ops or sales work

Dislikes

Almost every aspect of the job that includes culture, managers, management, decisions, promotions, salary, all other perks, work life balance is NIL, kissing of Manger's hand may allow you to grow mostly, a company with worst management who doesn't even care for employees and men who are working hard. Please do not join if you have some other better options in hand

read more
  • Salary - Poor
  • +5 more
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-HR Salary FAQs

What is the salary of Senior Manager-HR at Kotak Mahindra Bank in Mumbai?
The average salary of a Senior Manager-HR at Kotak Mahindra Bank in Mumbai typically ranges from ₹10.6 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 4 years to 12 years).

The top 10% of Senior Manager-HR in Mumbai at Kotak Mahindra Bank earn more than ₹16.1 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Senior Manager-HR 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 10+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Senior Manager-HR at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Senior Manager-HR at Kotak Mahindra Bank in Mumbai typically ranges from ₹1,03,748 to ₹1,06,591 per month. This is based on the average salary range of ₹10.6 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 4 years to 12 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 10+ 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-HR at Kotak Mahindra Bank in Mumbai?
To be a Senior Manager-HR at Kotak Mahindra Bank in Mumbai, the key skills required include:

  • - Payroll Processing
  • - Leave Management
  • - Report Preparation
  • - Vendor Payments
  • - Senior Management

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-HR in India?
ICICI Bank ₹16.0 Lakhs to ₹26.1 Lakhs per year
RBL Bank ₹17.0 Lakhs to ₹22.0 Lakhs per year
HDFC Bank ₹13.0 Lakhs to ₹20.2 Lakhs per year
Axis Bank ₹13.5 Lakhs to ₹20.5 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-HR in companies similar to Kotak Mahindra Bank in Mumbai?
The salary of a Senior Manager-HR at companies similar to Kotak Mahindra Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndusInd Bank ₹12.0 Lakhs to ₹23.0 Lakhs per year
Yes Bank ₹9.3 Lakhs to ₹12.5 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-HR at Kotak Mahindra Bank in Mumbai?
The salary growth for a Senior Manager-HR at Kotak Mahindra Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Manager-HR in Mumbai can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
4 years ₹13.1 Lakhs to ₹16.7 Lakhs per year
5 years ₹11.4 Lakhs to ₹16.0 Lakhs per year
6 years ₹13.3 Lakhs to ₹17.0 Lakhs per year
7 years ₹13.4 Lakhs to ₹17.1 Lakhs per year
and so on.

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Kotak Mahindra Bank Senior Manager-HR salary in Mumbai ranges between ₹10.6 Lakhs to ₹17 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.