Kotak Mahindra Bank Senior Wealth Manager Salaries by 4 Employees

11 - 14 years exp.

₹13 Lakhs - ₹17 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

71% more than the average Senior Wealth Manager Salary in Banking Companies for 11 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Wealth Manager Salary 14 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹17 L/yr
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Sales & Business Development Senior Wealth Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹18.7 L/yr

Last Updated: 14 Mar 2023

Companies similar to Kotak Mahindra Bank for Senior Wealth Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Senior Wealth Manager Salary 3 - 10 years exp. (14 salaries)	₹5 L/yr - ₹15 L/yr 33% less
Bank of Baroda Senior Wealth Manager Salary 2 - 14 years exp. (12 salaries)	₹5.5 L/yr - ₹10 L/yr 55% less
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IndusInd Bank Senior Wealth Manager Salary 3 - 9 years exp. (6 salaries)	₹7.4 L/yr - ₹20.3 L/yr 12% less
Axis Bank Senior Wealth Manager Salary 4 - 7 years exp. (6 salaries)	₹6 L/yr - ₹14 L/yr 33% less
Yes Bank Senior Wealth Manager Salary 1 - 14 years exp. (5 salaries)	₹8.6 L/yr - ₹11 L/yr 41% less
HDFC Bank Senior Wealth Manager Salary 11 - 18 years exp. (4 salaries)	₹12.5 L/yr - ₹25 L/yr 11% more
IDFC FIRST Bank Senior Wealth Manager Salary 3 - 17 years exp. (4 salaries)	₹11 L/yr - ₹29.7 L/yr 23% more

Senior Wealth Manager salary at Kotak Mahindra Bank ranges between ₹13 Lakhs to ₹17 Lakhs per year for employees with experience between 11 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Wealth Manager salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
12 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
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13 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.2 L/yr
14 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.3 L/yr

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Salary related reviews for Kotak Mahindra Bank

Senior Relationship Manager in Ranchi

Full Time

Sales & Business Development Department

1.0

• posted on 02 Mar 2025

2.0

for Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

Salary - Poor

+6 more

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+2 more

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Salary - Good

+1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Skill development - Bad

+3 more

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

Skill development - Good

+2 more

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.

Salary - Bad

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

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What people are saying about Kotak Mahindra Bank

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a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Senior Wealth Manager Salary FAQs

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

The average salary of a Senior Wealth Manager at Kotak Mahindra Bank in India typically ranges from ₹13.0 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 11 years to 14 years).

The top 10% of Senior Wealth Manager at Kotak Mahindra Bank earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Senior Wealth 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 4 Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Senior Wealth Manager at Kotak Mahindra Bank in India typically ranges from ₹1,10,036 to ₹1,13,082 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 11 years to 14 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 4 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

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

IDFC FIRST Bank	₹11.0 Lakhs to ₹29.7 Lakhs per year
HDFC Bank	₹12.5 Lakhs to ₹25.0 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 Wealth Manager in companies similar to Kotak Mahindra Bank in India?

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

IndusInd Bank	₹7.4 Lakhs to ₹20.3 Lakhs per year
ICICI Bank	₹5.0 Lakhs to ₹15.0 Lakhs per year
Axis Bank	₹6.0 Lakhs to ₹14.0 Lakhs per year
Yes Bank	₹8.6 Lakhs to ₹11.0 Lakhs per year
Bank of Baroda	₹5.5 Lakhs to ₹10.0 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 Wealth Manager at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
11 years	₹15.3 Lakhs to ₹19.5 Lakhs per year
12 years	₹14.9 Lakhs to ₹19.0 Lakhs per year
13 years	₹14.2 Lakhs to ₹18.2 Lakhs per year
14 years	₹13.6 Lakhs to ₹17.3 Lakhs per year

and so on.

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Kotak Mahindra Bank Senior Wealth Manager Salaries

Kotak Mahindra Bank Senior Wealth Manager salary in India ranges between ₹13 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Senior Wealth Manager salaries in India

Companies similar to Kotak Mahindra Bank for Senior Wealth Manager

Latest annual salaries shared by Kotak Mahindra Bank Senior Wealth Manager

Experience wise Kotak Mahindra Bank Senior Wealth Manager salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Senior Relationship Manager in Ranchi

Associate Vice President in Noida

Branch Relationship Manager in Kolkata

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Kotak Mahindra Bank Senior Wealth Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Senior Wealth Manager Salaries by Location