Kotak Mahindra Bank Service Operations Manager Salaries by 4 Employees (Updated 2024)

2 - 8 years exp.

₹2.2 Lakhs - ₹8.9 Lakhs

Low Confidence

Salary of majority employees

54% less than the average Service Operations Manager Salary in Banking Companies for 2 - 8 years of experience

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Last Updated: 18 Dec 2024

Companies similar to Kotak Mahindra Bank for Service Operations Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Service Operations Manager Salary 8 - 16 years exp. (4 salaries)	₹6 L/yr - ₹9 L/yr 20% more
ICICI Bank Service Operations Manager Salary 9 - 15 years exp. (5 salaries)	₹4.6 L/yr - ₹10 L/yr 32% more
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Axis Bank Service Operations Manager Salary 4 - 16 years exp. (4 salaries)	₹3.6 L/yr - ₹7.9 L/yr 13% more
IDFC FIRST Bank Service Operations Manager Salary 5 - 8 years exp. (3 salaries)	₹4.1 L/yr - ₹9.4 L/yr 10% more
IDBI Bank Service Operations Manager Salary 3 - 16 years exp. (63 salaries)	₹6.5 L/yr - ₹20.9 L/yr 131% more
Barclays Service Operations Manager Salary 9 - 17 years exp. (6 salaries)	₹11.7 L/yr - ₹49 L/yr 436% more
Standard Chartered Service Operations Manager Salary 2 - 12 years exp. (3 salaries)	₹3.9 L/yr - ₹11.6 L/yr 39% more

Service Operations Manager salary at Kotak Mahindra Bank ranges between ₹2.2 Lakhs to ₹8.9 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Service Operations Manager salaries

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
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4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
6 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.2 L/yr
8 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹8.9 L/yr

View all

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Salary related reviews for Kotak Mahindra Bank

Associate Vice President in Nashik

Full Time

Sales & Business Development Department

5.0

• posted on 22 Nov 2024

2.0

for Salary and Benefits

Likes

Kotak Mahindra Bank is such wonderful Bank to work. Bank having very good peocess and system.

Dislikes

...nd so many people act like they are running bank business like proprietary firm. Need to be appreciated the true hard working employee with salary increments as well.

Deputy Manager Operations in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 19 Nov 2024

2.0

for Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

Junior Associate in Thane

Full Time

Other Department

5.0

• posted on 12 Nov 2024

5.0

for Salary and Benefits

Likes

62% of Kotak Mahindra Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Kotak Mahindra Bank 3.3 out of 5 for work life balance, 3.5 for culture and values and 3.6 for career opportunities.

Dislikes

Some say there is no work-life balance, and that employees work long hours, including on holidays Salary: Some say that salaries are low Management: Some say that management is bad and that rules are not followed Company politics: Some say that company politics and policies are an issue Targets: Some say that targets are high, but the services are not good Working culture: Some say that the working culture is not good

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

Junior Associate in Coimbatore

Full Time

Sales & Business Development Department

3.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

I'm working from kotak 2021to still, it's more comfortable office to me with supportive team and management

Dislikes

Actually I'm working at kotak for past 3 years when I join here my salary monthly 12000 , 3 years gone and also march 2023 I got promotion as a team leader, I given good support to my team also given good business but still I didn't get hike and 12000 only I'm getting. So i need salary improvement for my effective work and do the needful

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

4 participants . expiring in 6d

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Kotak Mahindra Bank Service Operations Manager Salary FAQs

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

Service Operations Manager salary at Kotak Mahindra Bank in India ranges between ₹2.2 Lakhs to ₹8.9 Lakhs for experience between 2 years to 8 years. According to our estimates it is 54% less than the average Service Operations 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 Service Operations Manager at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Service Operations Manager at Kotak Mahindra Bank is 54% less than the average salary of a Service Operations Manager in India. To know exact salary insights, login to view.

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

Barclays Service Operations Manager Salary - ₹11.7 Lakhs to ₹49.0 Lakhs per year
IDBI Bank Service Operations Manager Salary - ₹6.5 Lakhs to ₹20.9 Lakhs per year
Standard Chartered Service Operations Manager Salary - ₹3.9 Lakhs to ₹11.6 Lakhs per year
ICICI Bank Service Operations Manager Salary - ₹4.6 Lakhs to ₹10.0 Lakhs per year
HDFC Bank Service Operations Manager Salary - ₹6.0 Lakhs to ₹9.0 Lakhs per year

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

Axis Bank Service Operations Manager Salary - ₹3.6 Lakhs to ₹7.9 Lakhs per year
IDFC FIRST Bank Service Operations Manager Salary - ₹4.1 Lakhs to ₹9.4 Lakhs per year

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

The estimated take-home salary of a Service Operations Manager at Kotak Mahindra Bank ranges between ₹42,603 per month to ₹43,729 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Service Operations Manager salary in India which ranges between ₹2.2 Lakhs to ₹8.9 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Kotak Mahindra Bank Service Operations Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Service Operations Manager Salaries

Kotak Mahindra Bank Service Operations Manager salary in India ranges between ₹2.2 Lakhs to ₹8.9 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.