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Kotak Mahindra Bank Senior Manager Procurement salaries in India

Annual salary range
7 - 12 years exp.
₹6.4 Lakhs - ₹18.9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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47% less than the average Senior Manager Procurement Salary in Banking Companies for 7 - 12 years of experience

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Last Updated: 31 Oct 2024

Companies similar to Kotak Mahindra Bank for Senior Manager Procurement

Company name Avg Annual Salary Open Jobs
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HDFC Bank Senior Manager Procurement Salary

20 - 22 years exp. (3 salaries)

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₹12 L/yr - ₹18 L/yr

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Axis Bank Senior Manager Procurement Salary

11 - 18 years exp. (4 salaries)

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₹6 L/yr - ₹18 L/yr

At par
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₹11.4 L/yr - ₹12.8 L/yr

At par
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₹26.2 L/yr - ₹30 L/yr

arrow icon 143% more
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₹9.8 L/yr - ₹27.5 L/yr

arrow icon 50% more
Senior Manager Procurement salary at Kotak Mahindra Bank ranges between ₹6.4 Lakhs to ₹18.9 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Senior Manager Procurement

1mo ago
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9 years exp.
10mo ago
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8 years exp.
1y ago
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7 years exp.
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8 years exp.
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12 years exp.
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9 years exp.

Experience wise Kotak Mahindra Bank Senior Manager Procurement salaries

Last Updated: 31 Oct 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹7.6 L/yr - ₹26 L/yr
8 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹28.8 L/yr
9 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹15.5 L/yr
10 years (AmbitionBox Estimate)

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₹9.1 L/yr - ₹11.7 L/yr
11 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

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₹3.6 L/yr - ₹5.25 L/yr
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₹2.3 L/yr - ₹5 L/yr
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₹3.62 L/yr - ₹4.5 L/yr
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₹4.2 L/yr - ₹5.2 L/yr
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₹5.2 L/yr - ₹11.5 L/yr
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₹4.3 L/yr - ₹4.8 L/yr
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₹5.4 L/yr - ₹7 L/yr
Counsellor Salary
(AmbitionBox Estimate)
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₹1.2 L/yr - ₹1.5 L/yr
Depot Manager Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Senior Purchase Executive Salary
(AmbitionBox Estimate)
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₹6.1 L/yr - ₹7.8 L/yr

Salary related reviews for Kotak Mahindra Bank

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 27 Nov 2024

4.0
 for  Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

read more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 24 Nov 2024

2.0
 for  Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

read more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 22 Nov 2024

2.0
 for  Salary and Benefits

Likes

Kotak Mahindra Bank is such wonderful Bank to work. Bank having very good peocess and system.

Dislikes

...nd so many people act like they are running bank business like proprietary firm. Need to be appreciated the true hard working employee with salary increments as well.

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 19 Nov 2024

2.0
 for  Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

read more

Full Time

 · 

Other Department

1.0
  •  posted on 15 Nov 2024

1.0
 for  Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

read more

Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

read more
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Kotak Mahindra Bank Senior Manager Procurement Salary FAQs

What is the salary of Senior Manager Procurement at Kotak Mahindra Bank?
Senior Manager Procurement salary at Kotak Mahindra Bank in India ranges between ₹6.4 Lakhs to ₹18.9 Lakhs for experience between 7 years to 12 years. According to our estimates it is 47% less than the average Senior Manager Procurement Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Senior Manager Procurement at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Senior Manager Procurement at Kotak Mahindra Bank is 47% less than the average salary of a Senior Manager Procurement in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Senior Manager Procurement in India?
  • Bank of America Senior Manager Procurement Salary - ₹26.2 Lakhs to ₹30.0 Lakhs per year
  • Reliance Industries Senior Manager Procurement Salary - ₹9.8 Lakhs to ₹27.5 Lakhs per year
  • HDFC Bank Senior Manager Procurement Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year
  • Axis Bank Senior Manager Procurement Salary - ₹6.0 Lakhs to ₹18.0 Lakhs per year
  • IDFC FIRST Bank Senior Manager Procurement Salary - ₹11.4 Lakhs to ₹12.8 Lakhs per year
What is the estimated take home salary of a Senior Manager Procurement at Kotak Mahindra Bank in India?
The estimated take-home salary of a Senior Manager Procurement at Kotak Mahindra Bank ranges between ₹85,120 per month to ₹87,348 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Manager Procurement salary in India which ranges between ₹6.4 Lakhs to ₹18.9 Lakhs per year for employees with experience between 7 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Senior Manager Procurement at Kotak Mahindra Bank?
According to AmbitionBox, 60% of the Kotak Mahindra Bank Senior Manager Procurements reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Senior Manager Procurement salary in India ranges between ₹6.4 Lakhs to ₹18.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.