Kotak Mahindra Bank Chennai Senior Manager Salaries by 100+ Employees (Updated 2025)

3 - 18 years exp.

₹6.2 Lakhs - ₹21.5 Lakhs

Salary of majority employees

Fixed (100%)

₹12 Lakhs

Variable (0%)

₹0.0

45% less than the average Senior Manager Salary in Banking Companies for 3 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 5 - 17 years exp. (73 salaries)	₹6.8 L/yr - ₹18.3 L/yr
Customer Success, Service & Operations Senior Manager Salary 4 - 18 years exp. (20 salaries)	₹7 L/yr - ₹15 L/yr
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Sales & Business Development Senior Manager Salary 5 - 18 years exp. (15 salaries)	₹6.2 L/yr - ₹16.4 L/yr
Finance & Accounting Senior Manager Salary 6 - 14 years exp. (7 salaries)	₹8.1 L/yr - ₹13 L/yr
Risk Management & Compliance Senior Manager Salary 3 - 18 years exp. (6 salaries)	₹8.5 L/yr - ₹17.5 L/yr

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Last Updated: 19 Feb 2025

Companies similar to Kotak Mahindra Bank for Senior Manager in Chennai

Kotak Mahindra Bank Senior Manager Salary

3 - 18 years exp. (142 salaries)

₹6.2 L/yr - ₹21.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 3 - 21 years exp. (451 salaries)	₹6 L/yr - ₹23 L/yr 18% more
ICICI Bank Senior Manager Salary 2 - 17 years exp. (48 salaries)	₹8 L/yr - ₹25 L/yr 37% more
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Axis Bank Senior Manager Salary 4 - 21 years exp. (248 salaries)	₹7.6 L/yr - ₹24 L/yr 30% more	2 job openings
State Bank of India Senior Manager Salary 8 - 15 years exp. (5 salaries)	₹15 L/yr - ₹34 L/yr 79% more
Yes Bank Senior Manager Salary 2 - 18 years exp. (180 salaries)	₹7.2 L/yr - ₹20 L/yr 4% less
IDFC FIRST Bank Senior Manager Salary 5 - 18 years exp. (66 salaries)	₹5.8 L/yr - ₹19.2 L/yr 9% more
RBL Bank Senior Manager Salary 5 - 17 years exp. (36 salaries)	₹7.2 L/yr - ₹16 L/yr 2% less
Karur Vysya Bank Senior Manager Salary 9 - 23 years exp. (32 salaries)	₹11 L/yr - ₹21.6 L/yr 36% more
IndusInd Bank Senior Manager Salary 7 - 18 years exp. (30 salaries)	₹6 L/yr - ₹16 L/yr 8% less
Jana Small Finance Bank Senior Manager Salary 8 - 15 years exp. (13 salaries)	₹6.1 L/yr - ₹10 L/yr 23% less
Federal Bank Senior Manager Salary 8 - 13 years exp. (10 salaries)	₹14 L/yr - ₹25 L/yr 89% more
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Bank of Baroda Senior Manager Salary 8 - 15 years exp. (10 salaries)	₹12 L/yr - ₹30 L/yr 79% more
Union Bank of India Senior Manager Salary 9 - 15 years exp. (10 salaries)	₹10 L/yr - ₹25 L/yr 68% more
City Union Bank Senior Manager Salary 3 - 19 years exp. (9 salaries)	₹15 L/yr - ₹23 L/yr 55% more
Canara Bank Senior Manager Salary 8 - 12 years exp. (8 salaries)	₹14.5 L/yr - ₹26 L/yr 73% more
South Indian Bank Senior Manager Salary 10 - 16 years exp. (5 salaries)	₹10 L/yr - ₹20 L/yr 64% more
Central Bank of India Senior Manager Salary 8 - 9 years exp. (4 salaries)	₹13 L/yr - ₹24 L/yr 62% more
Ujjivan Small Finance Bank Senior Manager Salary 7 - 13 years exp. (3 salaries)	₹5 L/yr - ₹8 L/yr 39% less
Baroda Global Shared Services Senior Manager Salary 12 - 15 years exp. (3 salaries)	₹11.7 L/yr - ₹15.1 L/yr 5% more	1 job opening
UCO Bank Senior Manager Salary 9 - 11 years exp. (3 salaries)	₹16 L/yr - ₹22 L/yr 71% more

Senior Manager salary at Kotak Mahindra Bank ranges between ₹6.2 Lakhs to ₹21.5 Lakhs per year for employees with experience between 3 years to 18 years. Salary estimates are based on 142 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Manager salaries in Chennai

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹11 L/yr - ₹22.7 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹12.5 L/yr
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5 years (4 salaries)	₹6.2 L/yr - ₹21.5 L/yr
6 years (8 salaries)	₹8.9 L/yr - ₹22.2 L/yr
7 years (12 salaries)	₹7 L/yr - ₹18.2 L/yr
8 years (8 salaries)	₹7.6 L/yr - ₹14.5 L/yr
9 years (13 salaries)	₹8.8 L/yr - ₹21.7 L/yr
10 years (26 salaries)	₹6.8 L/yr - ₹13.4 L/yr
11 years (9 salaries)	₹8 L/yr - ₹15 L/yr
12 years (12 salaries)	₹7.1 L/yr - ₹15 L/yr
13 years (5 salaries)	₹7.1 L/yr - ₹13 L/yr
14 years (14 salaries)	₹7.5 L/yr - ₹14 L/yr
15+ years (28 salaries)	₹6.8 L/yr - ₹17.5 L/yr

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From

Senior Manager

₹

Lakhs/yr

1 - 18 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Senior Manager 1 - 18 years exp.

Associate Vice President 3 - 21 years exp.

62% hike

Vice President 12 - 21 years exp.

105% hike

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(665 salaries)

₹1.8 L/yr - ₹8 L/yr

Sales Manager Salary

(67 salaries)

₹2 L/yr - ₹10.49 L/yr

Branch Manager Salary

(36 salaries)

₹9 L/yr - ₹20 L/yr

Area Manager Salary

(5 salaries)

₹11 L/yr - ₹19 L/yr

Top skills at Kotak Mahindra Bank for Senior Manager

inbound voice process Relationship Management Tableau Data Analysis Cross Selling

Salary related reviews for Kotak Mahindra Bank

3.6

Rated by 14 employees for salary & benefits

Senior Manager in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 17 Oct 2024

3.0

for Salary and Benefits

Likes

Employee home loan facility for staff at lesser rate of interest ....nearly 50% less rest is ok ok

Dislikes

...ime extended working hours .....Which somewhere it disturbs work life balance... Salary hike is average and bonus depends on work

Promotions - Poor

+1 more

Senior Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 21 Jun 2024

3.0

for Salary and Benefits

Likes

Nothing to like only salary they will give and nothing to like

Dislikes

Kotak Mahindra Bank is the worst place for working, highly pressure from senior level , branch manager abusing to employees, if you not able to serve business they told why are you living you should be dead , one day not do business any time they call to meet with area manager till 9pm , they scold and no support from supervisor full politics no meaning of team work supervisor support only there favourite employee all businesses give to them only. Don't go with this worst bank.

Skill development - Bad

+5 more

Senior Manager in Mumbai

Full Time

IT & Information Security Department

1.0

• posted on 01 May 2024

1.0

for Salary and Benefits

Likes

Nothing to liked here

Dislikes

No work life balance, no strategic planning and working by anyone. Offical working days are 5 days But you will required to work all 7 days without any compensation like comp off or extra pay even on public holiy you might be asked or required to work.

Salary - Bad

+6 more

Senior Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 02 Feb 2024

4.0

for Salary and Benefits

Likes

Salary package are good.

Salary - Good

Dislikes

HR is really unsupportive and even the whistle blower policy is of no use, I have raised a concern and addressed them about leaders marking unnecessary LOPs however the action are not taken against leaders. One of location head in open market credit card department there are 350 executive has left and 13 senior managers have been harrassed and left organization. But still HR does not show any concern.

Skill development - Bad

+5 more

Senior Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 Oct 2023

3.0

for Salary and Benefits

Likes

Its good for freshers to start your career with kotak in terms of learning at a medium pace

Job security - Excellent

+3 more

Dislikes

Salary hike at the time of appraisal is quite low as compared to other banks No bonus declarations to the employees

see more salary related reviews

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Salary Discussions, Hike & Promotions

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

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Kotak Mahindra Bank Senior Manager Salary FAQs

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

Senior Manager salary at Kotak Mahindra Bank in Chennai ranges between ₹6.2 Lakhs to ₹21.5 Lakhs for experience between 3 years to 18 years. According to our estimates it is 45% less than the average Senior Manager Salary in India. Salary estimates are based on 142 latest salaries received from various employees of Kotak Mahindra Bank Chennai.

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

The average salary of a Senior Manager at Kotak Mahindra Bank is 45% less than the average salary of a Senior Manager in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Manager at Kotak Mahindra Bank?

inbound voice process, Relationship Management, Tableau, Data Analysis and Cross Selling are some of the popular skills required to work as a Senior Manager at Kotak Mahindra Bank Chennai.

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

Federal Bank Senior Manager Salary - ₹14.0 Lakhs to ₹25.0 Lakhs per year
State Bank of India Senior Manager Salary - ₹15.0 Lakhs to ₹34.0 Lakhs per year
Bank of Baroda Senior Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
Canara Bank Senior Manager Salary - ₹14.5 Lakhs to ₹26.0 Lakhs per year
UCO Bank Senior Manager Salary - ₹16.0 Lakhs to ₹22.0 Lakhs per year

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

Union Bank of India Senior Manager Salary - ₹10.0 Lakhs to ₹25.0 Lakhs per year
South Indian Bank Senior Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
Central Bank of India Senior Manager Salary - ₹13.0 Lakhs to ₹24.0 Lakhs per year
City Union Bank Senior Manager Salary - ₹15.0 Lakhs to ₹23.0 Lakhs per year
ICICI Bank Senior Manager Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager at Kotak Mahindra Bank ranges between ₹85,449 per month to ₹87,686 per month in Chennai. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Manager salary in India which ranges between ₹6.2 Lakhs to ₹21.5 Lakhs per year for employees with experience between 3 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 74% of the Kotak Mahindra Bank Senior Managers in Chennai reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 65 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Senior Manager Salaries in Chennai

Kotak Mahindra Bank Senior Manager salary in Chennai ranges between ₹6.2 Lakhs to ₹21.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 142 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.