Kotak Mahindra Bank Mumbai Senior Manager Information Technology Salaries by 9 Employees

5 - 14 years exp.

₹11.5 Lakhs - ₹18.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

27% less than the average Senior Manager Information Technology Salary in Banking Companies for 5 - 14 years of experience

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Salaries in different departments

Engineering - Software & QA Senior Manager Information Technology Salary 5 - 10 years exp. (6 salaries)	₹11.5 L/yr - ₹18.7 L/yr
Strategic & Top Management Senior Manager Information Technology Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹14.6 L/yr - ₹16 L/yr
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Project & Program Management Senior Manager Information Technology Salary 10 years exp. (AmbitionBox Estimate)	₹13.3 L/yr - ₹16.2 L/yr

Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindra Bank for Senior Manager Information Technology in Mumbai

Kotak Mahindra Bank Senior Manager Information Technology Salary

5 - 14 years exp. (9 salaries)

₹11.5 L/yr - ₹18.7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Information Technology Salary 10 - 16 years exp. (66 salaries)	₹10.7 L/yr - ₹25 L/yr 40% more
Axis Bank Senior Manager Information Technology Salary 7 - 16 years exp. (33 salaries)	₹11.5 L/yr - ₹24.2 L/yr 30% more
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Bank of Baroda Senior Manager Information Technology Salary 9 - 13 years exp. (12 salaries)	₹15.4 L/yr - ₹34 L/yr 81% more
IDFC FIRST Bank Senior Manager Information Technology Salary 9 - 12 years exp. (11 salaries)	₹11.8 L/yr - ₹24.3 L/yr 15% more
RBL Bank Senior Manager Information Technology Salary 3 - 14 years exp. (9 salaries)	₹9.4 L/yr - ₹20 L/yr 4% more
IndusInd Bank Senior Manager Information Technology Salary 9 - 16 years exp. (5 salaries)	₹15 L/yr - ₹23.5 L/yr 14% more
Yes Bank Senior Manager Information Technology Salary 7 - 15 years exp. (5 salaries)	₹11 L/yr - ₹14 L/yr 17% less
Union Bank of India Senior Manager Information Technology Salary 8 - 11 years exp. (5 salaries)	₹17.9 L/yr - ₹24 L/yr 45% more
Central Bank of India Senior Manager Information Technology Salary 14 - 16 years exp. (3 salaries)	₹15.5 L/yr - ₹22.6 L/yr 46% more

Senior Manager Information Technology salary at Kotak Mahindra Bank ranges between ₹11.5 Lakhs to ₹18.7 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Manager Information Technology salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
6 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.3 L/yr
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7 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr
8 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.9 L/yr
9 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
10 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
11 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
12 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
13 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.1 L/yr
14 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Senior Software Engineer Salary

(32 salaries)

₹8.72 L/yr - ₹31 L/yr

IT Manager Salary

(11 salaries)

₹11 L/yr - ₹18.45 L/yr

Senior Project Manager Salary

(11 salaries)

₹12.8 L/yr - ₹27.51 L/yr

Software Engineer Salary

(10 salaries)

₹6 L/yr - ₹18.7 L/yr

SAS Analyst Salary

(7 salaries)

₹4.8 L/yr - ₹6.33 L/yr

Application Support Engineer Salary

(5 salaries)

₹3.5 L/yr - ₹5.2 L/yr

SAS Programmer Salary

(5 salaries)

₹4.8 L/yr - ₹5.2 L/yr

Devops Engineer Salary

(4 salaries)

₹7 L/yr - ₹9.58 L/yr

Software Development Engineer Salary

(4 salaries)

₹12 L/yr - ₹17.3 L/yr

Salary related reviews for Kotak Mahindra Bank

Principal Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 27 Dec 2024

2.0

for Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

Salary - Poor

+4 more

Relationship Officer in Visakhapatnam

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

Salary - Poor

+4 more

Manager OPS in Kolkata

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

Salary - Poor

+5 more

Assistant Product Sales Manager in Madurai

Full Time

Sales & Business Development Department

4.0

• posted on 13 Mar 2025

4.0

for Salary and Benefits

Likes

Salary, Skill Development, promotions.

Salary - Good

+3 more

Dislikes

Managers who are not following the company policy. Too much process in account opening and POS. Customer funds are getting hold in the individual current accounts for like 12 months or 13 months. Ridiculous. Worst service provider to the customers. The bank is giving priority to sales only. Not for service.

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

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 Manager Information Technology Salary FAQs

What is the salary of Senior Manager Information Technology at Kotak Mahindra Bank in Mumbai?

The average salary of a Senior Manager Information Technology at Kotak Mahindra Bank in Mumbai typically ranges from ₹11.5 Lakhs to ₹18.7 Lakhs per year, depending on experience (from 5 years to 14 years).

The top 10% of Senior Manager Information Technology in Mumbai at Kotak Mahindra Bank earn more than ₹17.6 Lakhs per year, and the top 1% earn over ₹18.7 Lakhs per year. Senior Manager Information Technology 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 9 Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Senior Manager Information Technology at Kotak Mahindra Bank in Mumbai typically ranges from ₹1,03,464 to ₹1,06,297 per month. This is based on the average salary range of ₹11.5 Lakhs to ₹18.7 Lakhs per year for employees with experience ranging from 5 years to 14 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 9 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 Manager Information Technology in India?

Bank of Baroda	₹15.4 Lakhs to ₹34.0 Lakhs per year
Central Bank of India	₹15.5 Lakhs to ₹22.6 Lakhs per year
Union Bank of India	₹17.9 Lakhs to ₹24.0 Lakhs per year
HDFC Bank	₹10.7 Lakhs to ₹25.0 Lakhs per year
Axis Bank	₹11.5 Lakhs to ₹24.2 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 Information Technology in companies similar to Kotak Mahindra Bank in Mumbai?

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

IDFC FIRST Bank	₹11.8 Lakhs to ₹24.3 Lakhs per year
IndusInd Bank	₹15.0 Lakhs to ₹23.5 Lakhs per year
RBL Bank	₹9.4 Lakhs to ₹20.0 Lakhs per year
Yes Bank	₹11.0 Lakhs to ₹14.0 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 Information Technology at Kotak Mahindra Bank in Mumbai?

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

Experience	Average Salary Range
5 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
6 years	₹12.8 Lakhs to ₹16.3 Lakhs per year
7 years	₹13.0 Lakhs to ₹16.6 Lakhs per year
8 years	₹13.2 Lakhs to ₹16.9 Lakhs per year

and so on.

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Kotak Mahindra Bank Senior Manager Information Technology Salaries in Mumbai

Kotak Mahindra Bank Senior Manager Information Technology salary in Mumbai ranges between ₹11.5 Lakhs to ₹18.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.