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

4 - 12 years exp.

₹4.1 Lakhs - ₹15.2 Lakhs

Salary of majority employees

80% more than the average Senior Relationship Manager Salary in Banking Companies for 4 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Relationship Manager Salary 4 - 11 years exp. (14 salaries)	₹4.5 L/yr - ₹15.2 L/yr
Sales & Business Development Senior Relationship Manager Salary 5 - 11 years exp. (7 salaries)	₹6.1 L/yr - ₹14 L/yr
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Customer Success, Service & Operations Senior Relationship Manager Salary 6 - 12 years exp. (6 salaries)	₹6.5 L/yr - ₹11.5 L/yr
Finance & Accounting Senior Relationship Manager Salary 4 - 8 years exp. (4 salaries)	₹8.5 L/yr - ₹13 L/yr
Marketing & Communication Senior Relationship Manager Salary 5 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.5 L/yr

Last Updated: 6 Dec 2024

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

Kotak Mahindra Bank Senior Relationship Manager Salary

4 - 12 years exp. (39 salaries)

₹4.1 L/yr - ₹15.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Relationship Manager Salary 4 - 15 years exp. (26 salaries)	₹8.2 L/yr - ₹25 L/yr 52% more
ICICI Bank Senior Relationship Manager Salary 2 - 17 years exp. (141 salaries)	₹14.4 L/yr - ₹32 L/yr 92% more
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Axis Bank Senior Relationship Manager Salary 4 - 13 years exp. (18 salaries)	₹6.4 L/yr - ₹18.8 L/yr 7% more
Yes Bank Senior Relationship Manager Salary 5 - 15 years exp. (13 salaries)	₹8 L/yr - ₹24 L/yr 64% more	3 job openings
Standard Chartered Senior Relationship Manager Salary 6 - 15 years exp. (34 salaries)	₹6 L/yr - ₹21 L/yr 49% more
Bank of Baroda Senior Relationship Manager Salary 5 - 12 years exp. (25 salaries)	₹5.1 L/yr - ₹15.1 L/yr 9% less
IndusInd Bank Senior Relationship Manager Salary 6 - 11 years exp. (21 salaries)	₹6.5 L/yr - ₹18.8 L/yr 5% more	4 job openings
Bandhan Bank Senior Relationship Manager Salary 4 - 14 years exp. (3 salaries)	₹5.8 L/yr - ₹14.3 L/yr At par

Senior Relationship Manager salary at Kotak Mahindra Bank ranges between ₹4.1 Lakhs to ₹15.2 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 39 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Relationship Manager salaries in Mumbai

Last Updated: 6 Dec 2024

Experience	Avg Annual Salary
4 years (4 salaries)	₹7.2 L/yr - ₹12 L/yr
5 years (8 salaries)	₹7 L/yr - ₹15.2 L/yr
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6 years (5 salaries)	₹4.1 L/yr - ₹12 L/yr
7 years (6 salaries)	₹6.5 L/yr - ₹14 L/yr
8 years (3 salaries)	₹7 L/yr - ₹13 L/yr
9 years (5 salaries)	₹8 L/yr - ₹11.5 L/yr
10 years (4 salaries)	₹6 L/yr - ₹14 L/yr
11 years (3 salaries)	₹10.2 L/yr - ₹14 L/yr
12 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹11.5 L/yr

View all

From

Senior Relationship Manager

₹

Lakhs/yr

4 - 13 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Senior Relationship Manager 4 - 13 years exp.

Branch Head 9 - 18 years exp.

62% hike

Assistant Vice President 6 - 18 years exp.

38% hike

From

2 more levels

Senior Relationship Manager

4 - 13 years exp.

Regional Sales Manager

12 - 21 years exp.

View 2 more career paths

From

1 more level

Senior Relationship Manager

4 - 13 years exp.

Regional Asset Manager

15 - 17 years exp.

From

3 more levels

Senior Relationship Manager

4 - 13 years exp.

Senior Regional Business Manager

Salary unavailable

Similar Designation salaries in Kotak Mahindra Bank

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Area Sales Manager Salary

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₹6.5 L/yr - ₹18.25 L/yr

Marketing Manager Salary

(19 salaries)

₹7 L/yr - ₹15 L/yr

Senior Sales Manager Salary

(13 salaries)

₹8.15 L/yr - ₹13.55 L/yr

Area Manager Salary

(8 salaries)

₹7.05 L/yr - ₹23.79 L/yr

Regional Manager Salary

(5 salaries)

₹7.5 L/yr - ₹17.43 L/yr

Territory Manager Salary

(4 salaries)

₹10 L/yr - ₹15 L/yr

Territory Sales Manager Salary

(4 salaries)

₹5.87 L/yr - ₹8.12 L/yr

Top skills at Kotak Mahindra Bank for Senior Relationship Manager

Relationship Management Sales

Salary related reviews for Kotak Mahindra Bank

4.4

Rated by 5 employees for salary & benefits

Senior Relationship Manager in Pune

Full Time

Product Management Department

4.0

• posted on 10 Oct 2022

3.0

for Salary and Benefits

Likes

Good Work life Balance Management is humble Good Brand

Job security - Excellent

+3 more

Dislikes

Not paying salary as per the grade Targets are not specified and keeps changing. Critical conditions to earn incentives Poor evaluation system

Skill development - Poor

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.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

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.

Skill development - Good

+1 more

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.

Work satisfaction - Bad

+2 more

Deputy Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2024

2.0

for Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Job security - Good

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Skill development - Poor

+1 more

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

How to get more interview calls and which website better to upload resume

Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

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Kotak Mahindra Bank Senior Relationship Manager Salary FAQs

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

Senior Relationship Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹4.1 Lakhs to ₹15.2 Lakhs for experience between 4 years to 12 years. According to our estimates it is 80% more than the average Senior Relationship Manager Salary in India. Salary estimates are based on 39 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Senior Relationship Manager at Kotak Mahindra Bank is 80% more than the average salary of a Senior Relationship Manager in Mumbai. To know exact salary insights, login to view.

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

Relationship Management and Sales are some of the popular skills required to work as a Senior Relationship Manager at Kotak Mahindra Bank Mumbai.

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

ICICI Bank Senior Relationship Manager Salary - ₹14.4 Lakhs to ₹32.0 Lakhs per year
Yes Bank Senior Relationship Manager Salary - ₹8.0 Lakhs to ₹24.0 Lakhs per year
HDFC Bank Senior Relationship Manager Salary - ₹8.2 Lakhs to ₹25.0 Lakhs per year
Standard Chartered Senior Relationship Manager Salary - ₹6.0 Lakhs to ₹21.0 Lakhs per year
Axis Bank Senior Relationship Manager Salary - ₹6.4 Lakhs to ₹18.8 Lakhs per year

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

IndusInd Bank Senior Relationship Manager Salary - ₹6.5 Lakhs to ₹18.8 Lakhs per year
Bandhan Bank Senior Relationship Manager Salary - ₹5.8 Lakhs to ₹14.3 Lakhs per year
Bank of Baroda Senior Relationship Manager Salary - ₹5.1 Lakhs to ₹15.1 Lakhs per year

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

The estimated take-home salary of a Senior Relationship Manager at Kotak Mahindra Bank ranges between ₹72,491 per month to ₹74,361 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Relationship Manager salary in India which ranges between ₹4.1 Lakhs to ₹15.2 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 66% of the Kotak Mahindra Bank Senior Relationship Managers in Mumbai reported a notice period of 3 Months, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 29 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Senior Relationship Manager Salaries in Mumbai

Kotak Mahindra Bank Senior Relationship Manager salary in Mumbai ranges between ₹4.1 Lakhs to ₹15.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 39 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.