Kotak Mahindra Bank New Delhi Senior Manager Salaries by 400+ Employees (Updated 2025)

2 - 19 years exp.

₹6.5 Lakhs - ₹21 Lakhs

Salary of majority employees

44% less than the average Senior Manager Salary in Banking Companies for 2 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 2 - 19 years exp. (181 salaries)	₹6.1 L/yr - ₹21 L/yr
Sales & Business Development Senior Manager Salary 2 - 15 years exp. (81 salaries)	₹5.6 L/yr - ₹18 L/yr
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Customer Success, Service & Operations Senior Manager Salary 4 - 18 years exp. (43 salaries)	₹6.5 L/yr - ₹15 L/yr
Finance & Accounting Senior Manager Salary 2 - 14 years exp. (38 salaries)	₹6.1 L/yr - ₹16.8 L/yr
Risk Management & Compliance Senior Manager Salary 6 - 17 years exp. (11 salaries)	₹8 L/yr - ₹14.1 L/yr

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Last Updated: 27 Mar 2025

Companies similar to Kotak Mahindra Bank for Senior Manager in New Delhi

Kotak Mahindra Bank Senior Manager Salary

2 - 19 years exp. (458 salaries)

₹6.5 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 3 - 21 years exp. (816 salaries)	₹7 L/yr - ₹24 L/yr 22% more
Axis Bank Senior Manager Salary 3 - 21 years exp. (531 salaries)	₹8 L/yr - ₹23.4 L/yr 29% more	2 job openings
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Yes Bank Senior Manager Salary 2 - 18 years exp. (393 salaries)	₹6.5 L/yr - ₹21.1 L/yr 4% more
ICICI Bank Senior Manager Salary 2 - 20 years exp. (247 salaries)	₹8.9 L/yr - ₹28 L/yr 45% more
RBL Bank Senior Manager Salary 1 - 17 years exp. (139 salaries)	₹6 L/yr - ₹18.8 L/yr At par
IDFC FIRST Bank Senior Manager Salary 3 - 17 years exp. (132 salaries)	₹7.8 L/yr - ₹22 L/yr 17% more
Bank of Baroda Senior Manager Salary 8 - 16 years exp. (59 salaries)	₹9.6 L/yr - ₹30 L/yr 83% more
IndusInd Bank Senior Manager Salary 6 - 18 years exp. (43 salaries)	₹6 L/yr - ₹19.2 L/yr 1% more	6 job openings
Canara Bank Senior Manager Salary 8 - 14 years exp. (38 salaries)	₹8.8 L/yr - ₹30 L/yr 75% more
Bandhan Bank Senior Manager Salary 6 - 17 years exp. (27 salaries)	₹9 L/yr - ₹17 L/yr 7% more

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Senior Manager salary at Kotak Mahindra Bank ranges between ₹6.5 Lakhs to ₹21 Lakhs per year for employees with experience between 2 years to 19 years. Salary estimates are based on 458 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Manager salaries in New Delhi

Last Updated: 27 Mar 2025

Experience	Avg Annual Salary
2 years (13 salaries)	₹8.1 L/yr - ₹19 L/yr
3 years (20 salaries)	₹5.6 L/yr - ₹15 L/yr
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4 years (28 salaries)	₹8.5 L/yr - ₹18 L/yr
5 years (42 salaries)	₹6.5 L/yr - ₹21 L/yr
6 years (35 salaries)	₹6.5 L/yr - ₹17 L/yr
7 years (40 salaries)	₹6.8 L/yr - ₹16.5 L/yr
8 years (51 salaries)	₹5.7 L/yr - ₹16.5 L/yr
9 years (51 salaries)	₹5.8 L/yr - ₹20 L/yr
10 years (46 salaries)	₹6 L/yr - ₹17 L/yr
11 years (34 salaries)	₹6 L/yr - ₹16 L/yr
12 years (32 salaries)	₹6 L/yr - ₹16.5 L/yr
13 years (21 salaries)	₹7 L/yr - ₹16.5 L/yr
14 years (15 salaries)	₹6.5 L/yr - ₹15.5 L/yr
15+ years (30 salaries)	₹6.5 L/yr - ₹16 L/yr

View all

From

Senior Manager

₹

Lakhs/yr

2 - 19 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Senior Manager

2 - 19 years exp.

Associate Vice President

3 - 21 years exp.

64% hike

Vice President

12 - 21 years exp.

106% 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

(1.6k salaries)

₹2 L/yr - ₹8.5 L/yr

Branch Manager Salary

(129 salaries)

₹8 L/yr - ₹28.5 L/yr

Sales Manager Salary

(99 salaries)

₹1.8 L/yr - ₹10.15 L/yr

Area Manager Salary

(15 salaries)

₹10 L/yr - ₹28.25 L/yr

Senior Sales Manager Salary

(9 salaries)

₹9 L/yr - ₹14 L/yr

Business Manager Salary

(4 salaries)

₹9.25 L/yr - ₹13.25 L/yr

Territory Manager Salary

(3 salaries)

₹5.75 L/yr - ₹15.1 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

3.1

Rated by 41 employees for salary & benefits

Senior Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 May 2022

1.0

for Salary and Benefits

Likes

...any heads which are not active and which are....they are not properly working. They say something else at the time of interview regarding your package and location then once accept thr offer letter they change the basics and decreases your in hand packege very shruedly and about the posting they never give what ever they feel they will give and as you dont have any other option other than accepting so you do.

Dislikes

Moreover everything....except that i have made few really good friends

Salary - Bad

+6 more

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

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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.

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Kotak Mahindra Bank Senior Manager Salary FAQs

What is the salary of Senior Manager at Kotak Mahindra Bank in New Delhi?

The average salary of a Senior Manager at Kotak Mahindra Bank in New Delhi typically ranges from ₹6.5 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 2 years to 19 years).

The top 10% of Senior Manager in New Delhi at Kotak Mahindra Bank earn more than ₹14.5 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Senior Manager 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 400+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Senior Manager at Kotak Mahindra Bank in New Delhi typically ranges from ₹85,248 to ₹87,479 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 2 years to 19 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 400+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Manager at Kotak Mahindra Bank in New Delhi?

To be a Senior Manager at Kotak Mahindra Bank in New Delhi, the key skills required include:

- inbound voice process
- Relationship Management
- Tableau
- Data Analysis
- Cross Selling

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindra Bank for Senior Manager in India?

Paytm Payments Bank	₹15.0 Lakhs to ₹40.0 Lakhs per year
Federal Bank	₹13.0 Lakhs to ₹30.0 Lakhs per year
Bank of Baroda	₹9.6 Lakhs to ₹30.0 Lakhs per year
Chase Bank	₹18.0 Lakhs to ₹26.0 Lakhs per year
UCO Bank	₹14.0 Lakhs to ₹26.0 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 in companies similar to Kotak Mahindra Bank in New Delhi?

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

Union Bank of India	₹10.5 Lakhs to ₹28.0 Lakhs per year
Canara Bank	₹8.8 Lakhs to ₹30.0 Lakhs per year
South Indian Bank	₹13.0 Lakhs to ₹21.0 Lakhs per year
Central Bank of India	₹11.0 Lakhs to ₹20.0 Lakhs per year
ICICI Bank	₹8.9 Lakhs to ₹28.0 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 at Kotak Mahindra Bank in New Delhi?

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

Experience	Average Salary Range
2 years	₹8.1 Lakhs to ₹19.0 Lakhs per year
3 years	₹5.6 Lakhs to ₹15.0 Lakhs per year
4 years	₹8.5 Lakhs to ₹18.0 Lakhs per year
5 years	₹6.5 Lakhs to ₹21.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Senior Manager Salaries in New Delhi

Kotak Mahindra Bank Senior Manager salary in New Delhi ranges between ₹6.5 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 458 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Senior Manager salaries in New Delhi (Updated 2025)

Companies similar to Kotak Mahindra Bank for Senior Manager in New Delhi

Latest annual salaries shared by Kotak Mahindra Bank Senior Manager in New Delhi

Experience wise Kotak Mahindra Bank Senior Manager salaries in New Delhi

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Senior Manager

Salary related reviews for Kotak Mahindra Bank

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Kotak Mahindra Bank Senior Manager Salary FAQs

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