Upload Button Icon Add office photos
filter salariesFilter salaries by

Kotak Mahindra Bank Senior Manager Procurement salaries in Mumbai

Annual salary range
7 - 12 years exp.
₹6.4 Lakhs - ₹26 Lakhs
Salary of majority employees
unlock blur
unlock blur

37% less than the average Senior Manager Procurement Salary in Banking Companies for 7 - 12 years of experience

Interested in this particular role?

Last Updated: 15 Jan 2025

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

Logo
Kotak Mahindra Bank Senior Manager Procurement Salary

7 - 12 years exp. (6 salaries)

unlock blur

₹6.4 L/yr - ₹26 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
Axis Bank Senior Manager Procurement Salary

11 - 18 years exp. (4 salaries)

unlock blur

₹6 L/yr - ₹18 L/yr

arrow icon 8% less
unlock blur

₹11.4 L/yr - ₹12.8 L/yr

arrow icon 11% less
unlock blur

₹9.9 L/yr - ₹30 L/yr

arrow icon 42% more
unlock blur

₹19 L/yr - ₹30 L/yr

arrow icon 84% more
Logo
Tata Steel Senior Manager Procurement Salary

7 - 15 years exp. (8 salaries)

unlock blur

₹18 L/yr - ₹36 L/yr

arrow icon 71% more
Senior Manager Procurement salary at Kotak Mahindra Bank ranges between ₹6.4 Lakhs to ₹26 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 in Mumbai

1w ago
avg blur mobile
9 years exp.
11mo ago
avg blur mobile
8 years exp.
1y ago
avg blur mobile
7 years exp.
1y ago
avg blur mobile
8 years exp.
1y ago
avg blur mobile
12 years exp.
1y ago
avg blur mobile
9 years exp.

Experience wise Kotak Mahindra Bank Senior Manager Procurement salaries in Mumbai

Last Updated: 15 Jan 2025

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

unlock blur

₹23.4 L/yr - ₹29.9 L/yr
8 years (AmbitionBox Estimate)

unlock blur

₹10.8 L/yr - ₹13.8 L/yr
9 years (AmbitionBox Estimate)

unlock blur

₹11.3 L/yr - ₹14.4 L/yr
12 years (AmbitionBox Estimate)

unlock blur

₹5.8 L/yr - ₹7.4 L/yr

Similar Designation salaries in Kotak Mahindra Bank

unlock blur
₹3.6 L/yr - ₹4 L/yr
unlock blur
₹3.6 L/yr - ₹4.5 L/yr
unlock blur
₹5.2 L/yr - ₹11.5 L/yr
unlock blur
₹4.2 L/yr - ₹5.3 L/yr

Salary related reviews for Kotak Mahindra Bank

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

read more
  • Salary - Poor
    +4 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 23 Dec 2024

4.0
 for  Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

read more
  • Salary - Good
    +1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

read more
  • Job security - Bad
    +2 more

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
  • Salary - Good
    +1 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
  • Skill development - Bad
    +3 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
  • Salary - Poor
    +4 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
  • Salary - Poor
    +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Kotak Mahindra Bank Senior Manager Procurement Salary FAQs

What is the salary of Senior Manager Procurement at Kotak Mahindra Bank Mumbai?
Senior Manager Procurement salary at Kotak Mahindra Bank in Mumbai ranges between ₹6.4 Lakhs to ₹26.0 Lakhs for experience between 7 years to 12 years. According to our estimates it is 37% 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 Mumbai.
How does the salary of a Senior Manager Procurement at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?
The average salary of a Senior Manager Procurement at Kotak Mahindra Bank is 37% less than the average salary of a Senior Manager Procurement in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Senior Manager Procurement in Mumbai?
  • Sun Pharmaceutical Industries Senior Manager Procurement Salary - ₹19.0 Lakhs to ₹30.0 Lakhs per year
  • Tata Steel Senior Manager Procurement Salary - ₹18.0 Lakhs to ₹36.0 Lakhs per year
  • Reliance Industries Senior Manager Procurement Salary - ₹9.9 Lakhs to ₹30.0 Lakhs per year
What is the salary of a Senior Manager Procurement in companies similar to Kotak Mahindra Bank in Mumbai?
  • 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 Mumbai?
The estimated take-home salary of a Senior Manager Procurement at Kotak Mahindra Bank ranges between ₹95,147 per month to ₹97,712 per month in Mumbai. 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 ₹26.0 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 in Mumbai?
According to AmbitionBox, 67% of the Kotak Mahindra Bank Senior Manager Procurements in Mumbai reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Senior Manager Procurement salary in Mumbai ranges between ₹6.4 Lakhs to ₹26 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.