Kotak Mahindra Bank Senior Operations Manager Salaries by 30+ Employees (Updated 2025)

6 - 16 years exp.

₹5.2 Lakhs - ₹15.3 Lakhs

Salary of majority employees

42% less than the average Senior Operations Manager Salary in Banking Companies for 6 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Operations Manager Salary 8 - 16 years exp. (22 salaries)	₹5.2 L/yr - ₹15.3 L/yr
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Customer Success, Service & Operations Senior Operations Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹8.4 L/yr - ₹11 L/yr

Last Updated: 16 Sep 2024

Companies similar to Kotak Mahindra Bank for Senior Operations Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Operations Manager Salary 8 - 18 years exp. (95 salaries)	₹6 L/yr - ₹19.3 L/yr 30% more
ICICI Bank Senior Operations Manager Salary 5 - 20 years exp. (38 salaries)	₹9 L/yr - ₹20.5 L/yr 32% more
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Axis Bank Senior Operations Manager Salary 11 - 16 years exp. (121 salaries)	₹7.5 L/yr - ₹15.7 L/yr 14% more
State Bank of India Senior Operations Manager Salary 15 - 32 years exp. (3 salaries)	₹18 L/yr - ₹35 L/yr 133% more
IndusInd Bank Senior Operations Manager Salary 10 - 20 years exp. (23 salaries)	₹4.6 L/yr - ₹16.7 L/yr 3% less	1 job opening
Yes Bank Senior Operations Manager Salary 7 - 18 years exp. (25 salaries)	₹7.7 L/yr - ₹14 L/yr 4% less
Federal Bank Senior Operations Manager Salary 9 - 15 years exp. (3 salaries)	₹18.5 L/yr - ₹25 L/yr 104% more
IDFC FIRST Bank Senior Operations Manager Salary 3 - 14 years exp. (45 salaries)	₹5.8 L/yr - ₹14.3 L/yr 2% more
RBL Bank Senior Operations Manager Salary 9 - 19 years exp. (22 salaries)	₹6.5 L/yr - ₹12 L/yr 12% less
Bandhan Bank Senior Operations Manager Salary 9 - 17 years exp. (8 salaries)	₹7.3 L/yr - ₹17.1 L/yr 4% more
Jana Small Finance Bank Senior Operations Manager Salary 10 - 13 years exp. (10 salaries)	₹6.1 L/yr - ₹11.9 L/yr 15% less
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Ujjivan Small Finance Bank Senior Operations Manager Salary 5 - 10 years exp. (6 salaries)	₹6 L/yr - ₹9.6 L/yr 37% less
Bank of Baroda Senior Operations Manager Salary 31 - 34 years exp. (3 salaries)	₹12.8 L/yr - ₹15 L/yr 41% more
Karur Vysya Bank Senior Operations Manager Salary 13 - 14 years exp. (3 salaries)	₹15 L/yr - ₹18 L/yr 67% more
Baroda Global Shared Services Senior Operations Manager Salary 10 - 16 years exp. (3 salaries)	₹8 L/yr - ₹10.5 L/yr 13% less

Senior Operations Manager salary at Kotak Mahindra Bank ranges between ₹5.2 Lakhs to ₹15.3 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 33 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Operations Manager salaries

Last Updated: 16 Sep 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹8 L/yr - ₹15.1 L/yr
7 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10 L/yr
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8 years (3 salaries)	₹5.5 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹12 L/yr
10 years (5 salaries)	₹5.2 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
12 years (9 salaries)	₹5.2 L/yr - ₹11 L/yr
13 years (6 salaries)	₹7.4 L/yr - ₹14 L/yr
14 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹20.2 L/yr
15+ years (7 salaries)	₹8.9 L/yr - ₹15.3 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Operations Manager Salary

(256 salaries)

₹2 L/yr - ₹10 L/yr

Department Manager Salary

(11 salaries)

₹2.8 L/yr - ₹4.92 L/yr

Deputy Branch Manager Salary

(178 salaries)

₹4.04 L/yr - ₹16 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Delivery Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Service Delivery Manager Salary

(171 salaries)

₹2.15 L/yr - ₹6.8 L/yr

Relationship Manager Salary

(2.3k salaries)

₹1.6 L/yr - ₹10 L/yr

Customer Service Manager Salary

(71 salaries)

₹2 L/yr - ₹7.88 L/yr

Service Manager Salary

(202 salaries)

₹2.31 L/yr - ₹12 L/yr

Program Manager Salary

(10 salaries)

₹7 L/yr - ₹20 L/yr

Salary related reviews for Kotak Mahindra Bank

2.0

Rated by 6 employees for salary & benefits

Deputy Branch Manager in Ahmedabad

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.

Operations Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

There is no work pressure its harmful for your future

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

Assistant Vice President in Ernakulam

Full Time

Finance & Accounting Department

4.0

• posted on 02 Jul 2024

1.0

for Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 11 Jun 2024

2.0

for Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

Dislikes

Salary, promortion - these are the worst over here.

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 May 2024

3.0

for Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

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Kotak Mahindra Bank Senior Operations Manager Salary FAQs

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

Senior Operations Manager salary at Kotak Mahindra Bank in India ranges between ₹5.2 Lakhs to ₹15.3 Lakhs for experience between 6 years to 16 years. According to our estimates it is 42% less than the average Senior Operations Manager Salary in India. Salary estimates are based on 33 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Senior Operations Manager at Kotak Mahindra Bank is 42% less than the average salary of a Senior Operations Manager in India. To know exact salary insights, login to view.

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

State Bank of India Senior Operations Manager Salary - ₹18.0 Lakhs to ₹35.0 Lakhs per year
Federal Bank Senior Operations Manager Salary - ₹18.5 Lakhs to ₹25.0 Lakhs per year
Karur Vysya Bank Senior Operations Manager Salary - ₹15.0 Lakhs to ₹18.0 Lakhs per year
Bank of Baroda Senior Operations Manager Salary - ₹12.8 Lakhs to ₹15.0 Lakhs per year
ICICI Bank Senior Operations Manager Salary - ₹9.0 Lakhs to ₹20.5 Lakhs per year

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

HDFC Bank Senior Operations Manager Salary - ₹6.0 Lakhs to ₹19.3 Lakhs per year
Axis Bank Senior Operations Manager Salary - ₹7.5 Lakhs to ₹15.7 Lakhs per year
Bandhan Bank Senior Operations Manager Salary - ₹7.3 Lakhs to ₹17.1 Lakhs per year
IDFC FIRST Bank Senior Operations Manager Salary - ₹5.8 Lakhs to ₹14.3 Lakhs per year
IndusInd Bank Senior Operations Manager Salary - ₹4.6 Lakhs to ₹16.7 Lakhs per year

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

The estimated take-home salary of a Senior Operations Manager at Kotak Mahindra Bank ranges between ₹73,184 per month to ₹75,074 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Operations Manager salary in India which ranges between ₹5.2 Lakhs to ₹15.3 Lakhs per year for employees with experience between 6 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 90% of the Kotak Mahindra Bank Senior Operations Managers reported a notice period of 3 Months, 10% reported a notice period of 1 Month.This is based on 10 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Senior Operations Manager Salaries

Kotak Mahindra Bank Senior Operations Manager salary in India ranges between ₹5.2 Lakhs to ₹15.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 33 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.