Kotak Mahindra Bank Senior Wealth Manager Salaries by 4 Employees (Updated 2025)

11 - 14 years exp.

₹13 Lakhs - ₹17 Lakhs

Low Confidence

Salary of majority employees

75% 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
HDFC Bank Senior Wealth Manager Salary 11 - 18 years exp. (4 salaries)	₹12.5 L/yr - ₹25 L/yr 11% more
ICICI Bank Senior Wealth Manager Salary 3 - 10 years exp. (14 salaries)	₹5 L/yr - ₹15 L/yr 33% less
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Axis Bank Senior Wealth Manager Salary 5 - 7 years exp. (6 salaries)	₹6 L/yr - ₹14 L/yr 29% less
State Bank of India Senior Wealth Manager Salary 9 - 11 years exp. (4 salaries)	₹12 L/yr - ₹20.5 L/yr 1% less
IndusInd Bank Senior Wealth Manager Salary 3 - 9 years exp. (6 salaries)	₹7.4 L/yr - ₹20.3 L/yr 12% less
Yes Bank Senior Wealth Manager Salary 1 - 14 years exp. (5 salaries)	₹8.6 L/yr - ₹11 L/yr 41% less
IDFC FIRST Bank Senior Wealth Manager Salary 3 - 17 years exp. (4 salaries)	₹11 L/yr - ₹29.7 L/yr 23% more
Bank of Baroda Senior Wealth Manager Salary 2 - 14 years exp. (12 salaries)	₹5.5 L/yr - ₹10 L/yr 55% less

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)	₹17 L/yr - ₹17 L/yr
12 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹17 L/yr
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13 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.2 L/yr
14 years (AmbitionBox Estimate)	₹13 L/yr - ₹17 L/yr

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Salary related reviews for Kotak Mahindra Bank

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

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

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Kotak Mahindra Bank Senior Wealth Manager Salary FAQs

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

Senior Wealth Manager salary at Kotak Mahindra Bank in India ranges between ₹13.0 Lakhs to ₹17.0 Lakhs for experience between 11 years to 14 years. According to our estimates it is 75% more than the average Senior Wealth Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Senior Wealth Manager at Kotak Mahindra Bank is 75% more than the average salary of a Senior Wealth Manager in India. To know exact salary insights, login to view.

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

IDFC FIRST Bank Senior Wealth Manager Salary - ₹11.0 Lakhs to ₹29.7 Lakhs per year
HDFC Bank Senior Wealth Manager Salary - ₹12.5 Lakhs to ₹25.0 Lakhs per year

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

State Bank of India Senior Wealth Manager Salary - ₹12.0 Lakhs to ₹20.5 Lakhs per year
IndusInd Bank Senior Wealth Manager Salary - ₹7.4 Lakhs to ₹20.3 Lakhs per year
Axis Bank Senior Wealth Manager Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year
ICICI Bank Senior Wealth Manager Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year
Yes Bank Senior Wealth Manager Salary - ₹8.6 Lakhs to ₹11.0 Lakhs per year

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 ranges between ₹1,10,036 per month to ₹1,13,082 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Wealth Manager salary in India which ranges between ₹13.0 Lakhs to ₹17.0 Lakhs per year for employees with experience between 11 years to 14 years. Check how did we calculate take home salary?

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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

Branch Relationship Manager in Kolkata

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Kotak Mahindra Bank Senior Wealth Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Senior Wealth Manager Salaries by Location