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

Annual salary range
1 - 19 years exp.
₹5.5 Lakhs - ₹23.5 Lakhs
Salary of majority employees
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39% less than the average Senior Manager Salary in Banking Companies for 1 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Manager Salary
1 - 19 years exp. (413 salaries)
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₹5.5 L/yr - ₹22.5 L/yr

Finance & Accounting
Senior Manager Salary
1 - 19 years exp. (182 salaries)
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₹7 L/yr - ₹21.5 L/yr

Data Science & Analytics
Senior Manager Salary
1 - 16 years exp. (105 salaries)
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₹6.1 L/yr - ₹22 L/yr

Customer Success, Service & Operations
Senior Manager Salary
1 - 18 years exp. (95 salaries)
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₹6.3 L/yr - ₹16.5 L/yr

Sales & Business Development
Senior Manager Salary
1 - 18 years exp. (76 salaries)
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₹6.7 L/yr - ₹18.3 L/yr

View all

Last Updated: 12 Mar 2025

Companies similar to Kotak Mahindra Bank for Senior Manager in Mumbai

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Kotak Mahindra Bank Senior Manager Salary

1 - 19 years exp. (1.4k salaries)

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₹5.5 L/yr - ₹23.5 L/yr

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

3 - 21 years exp. (2.3k salaries)

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₹8 L/yr - ₹28 L/yr

arrow icon 22% more
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ICICI Bank Senior Manager Salary

1 - 19 years exp. (642 salaries)

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₹9.3 L/yr - ₹27.5 L/yr

arrow icon 36% more
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Axis Bank Senior Manager Salary

2 - 22 years exp. (2k salaries)

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₹8.9 L/yr - ₹28 L/yr

arrow icon 31% more
1 job opening
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State Bank of India Senior Manager Salary

7 - 15 years exp. (20 salaries)

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₹9 L/yr - ₹35 L/yr

arrow icon 68% more
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Yes Bank Senior Manager Salary

2 - 18 years exp. (964 salaries)

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₹6.5 L/yr - ₹22 L/yr

arrow icon 2% less
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IDFC FIRST Bank Senior Manager Salary

2 - 18 years exp. (573 salaries)

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₹7 L/yr - ₹26.5 L/yr

arrow icon 17% more
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RBL Bank Senior Manager Salary

1 - 17 years exp. (334 salaries)

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₹6.5 L/yr - ₹20 L/yr

arrow icon 2% less
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IndusInd Bank Senior Manager Salary

6 - 18 years exp. (150 salaries)

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₹5.3 L/yr - ₹20 L/yr

arrow icon 4% less
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Bank of Baroda Senior Manager Salary

8 - 16 years exp. (93 salaries)

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₹13 L/yr - ₹36 L/yr

arrow icon 76% more
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Union Bank of India Senior Manager Salary

8 - 15 years exp. (76 salaries)

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₹9 L/yr - ₹32 L/yr

arrow icon 69% more
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Federal Bank Senior Manager Salary

6 - 15 years exp. (44 salaries)

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₹12 L/yr - ₹30 L/yr

arrow icon 79% more
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₹11.5 L/yr - ₹22 L/yr

arrow icon 25% more
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Bandhan Bank Senior Manager Salary

6 - 17 years exp. (28 salaries)

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₹7.4 L/yr - ₹18 L/yr

arrow icon 4% less
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Canara Bank Senior Manager Salary

8 - 14 years exp. (22 salaries)

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₹12 L/yr - ₹28 L/yr

arrow icon 75% more
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Central Bank of India Senior Manager Salary

7 - 14 years exp. (21 salaries)

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₹12.1 L/yr - ₹25 L/yr

arrow icon 69% more
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Jana Small Finance Bank Senior Manager Salary

6 - 17 years exp. (16 salaries)

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₹4.9 L/yr - ₹12 L/yr

arrow icon 25% less
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UCO Bank Senior Manager Salary

9 - 13 years exp. (13 salaries)

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₹16 L/yr - ₹30 L/yr

arrow icon 63% more
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South Indian Bank Senior Manager Salary

9 - 16 years exp. (10 salaries)

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₹12 L/yr - ₹22 L/yr

arrow icon 50% more
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Karur Vysya Bank Senior Manager Salary

9 - 16 years exp. (8 salaries)

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₹15 L/yr - ₹20 L/yr

arrow icon 35% more
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Corporation Bank Senior Manager Salary

7 - 12 years exp. (4 salaries)

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₹7 L/yr - ₹18 L/yr

arrow icon 6% less
Senior Manager salary at Kotak Mahindra Bank ranges between ₹5.5 Lakhs to ₹23.5 Lakhs per year for employees with experience between 1 year to 19 years. Salary estimates are based on 1.4k latest salaries received from various employees of Kotak Mahindra Bank.

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

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12 years exp.

Experience wise Kotak Mahindra Bank Senior Manager salaries in Mumbai

Last Updated: 12 Mar 2025

Experience Avg Annual Salary
1 year  (10 salaries)

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₹11 L/yr - ₹20 L/yr
2 years  (54 salaries)

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₹7.8 L/yr - ₹19.5 L/yr
3 years  (84 salaries)

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₹8 L/yr - ₹21 L/yr
4 years  (84 salaries)

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₹8 L/yr - ₹23 L/yr
5 years  (108 salaries)

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₹6 L/yr - ₹22 L/yr
View all
Kotak Mahindra Bank Senior Manager Salary and Career Growth

From

To

Senior Manager

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1 - 19 years exp.

Senior Vice President

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15 - 24 years exp.

Senior Manager

1 - 19 years exp.
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Associate Vice President

3 - 21 years exp.
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arrow icon 62% hike

Vice President

12 - 21 years exp.
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arrow icon 101% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(3.4k salaries)
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₹1.65 L/yr - ₹8.2 L/yr
Branch Manager Salary
(136 salaries)
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₹7.5 L/yr - ₹25.56 L/yr
Sales Manager Salary
(130 salaries)
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₹1.8 L/yr - ₹10.7 L/yr
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₹7 L/yr - ₹15 L/yr
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₹8.15 L/yr - ₹13.55 L/yr
Area Manager Salary
(9 salaries)
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₹9 L/yr - ₹31.09 L/yr
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₹10 L/yr - ₹15.4 L/yr
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₹7.5 L/yr - ₹17.01 L/yr
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₹10 L/yr - ₹15 L/yr

Top skills at Kotak Mahindra Bank for Senior Manager

inbound voice process Relationship Management Tableau Data Analysis Cross Selling
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Salary related reviews for Kotak Mahindra Bank

3.1

Rated by 109 employees for salary & benefits

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

read more
  • Promotions - Poor
  • +1 more

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.

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Skill development - Bad
  • +5 more

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

read more

Data Science & Analytics Department

5.0
  •  posted on 08 Apr 2022

3.0
 for  Salary and Benefits

Likes

...nagement is transparent. There is huge cafeteria and gaming arcade for chilling. Company policies are good, I don't know about appraisals but hope will give good salary hike and bonus next year.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Career growth is slow.

see more salary related reviews

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Kotak Mahindra Bank Senior Manager Salary FAQs

What is the salary of Senior Manager at Kotak Mahindra Bank Mumbai?
Senior Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹5.5 Lakhs to ₹23.5 Lakhs for experience between 1 years to 19 years. According to our estimates it is 39% less than the average Senior Manager Salary in India. Salary estimates are based on 1.4k latest salaries received from various employees of Kotak Mahindra Bank Mumbai.
How does the salary of a Senior Manager at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?
The average salary of a Senior Manager at Kotak Mahindra Bank is 39% less than the average salary of a Senior Manager in Mumbai. 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 Mumbai.
Which similar companies are paying more than Kotak Mahindra Bank to a Senior Manager in Mumbai?
  • Federal Bank Senior Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
  • Bank of Baroda Senior Manager Salary - ₹13.0 Lakhs to ₹36.0 Lakhs per year
  • Canara Bank Senior Manager Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
  • Union Bank of India Senior Manager Salary - ₹9.0 Lakhs to ₹32.0 Lakhs per year
  • Central Bank of India Senior Manager Salary - ₹12.1 Lakhs to ₹25.0 Lakhs per year
What is the salary of a Senior Manager in companies similar to Kotak Mahindra Bank in Mumbai?
  • State Bank of India Senior Manager Salary - ₹9.0 Lakhs to ₹35.0 Lakhs per year
  • UCO Bank Senior Manager Salary - ₹16.0 Lakhs to ₹30.0 Lakhs per year
  • South Indian Bank Senior Manager Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
  • ICICI Bank Senior Manager Salary - ₹9.3 Lakhs to ₹27.5 Lakhs per year
  • Karur Vysya Bank Senior Manager Salary - ₹15.0 Lakhs to ₹20.0 Lakhs per year
What is the estimated take home salary of a Senior Manager at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Senior Manager at Kotak Mahindra Bank ranges between ₹92,271 per month to ₹94,743 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Manager salary in India which ranges between ₹5.5 Lakhs to ₹23.5 Lakhs per year for employees with experience between 1 years to 19 years. Check how did we calculate take home salary?
What is the notice period for Senior Manager at Kotak Mahindra Bank in Mumbai?
According to AmbitionBox, 78% of the Kotak Mahindra Bank Senior Managers in Mumbai reported a notice period of 3 Months, 12% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 763 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Senior Manager salary in Mumbai ranges between ₹5.5 Lakhs to ₹23.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 1.4k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.