Kotak Mahindra Bank Service Operations Manager Salaries by 3 Employees (Updated 2025)

3 - 8 years exp.

₹4 Lakhs - ₹8.9 Lakhs

Low Confidence

Salary of majority employees

55% less than the average Service Operations Manager Salary in Banking Companies for 3 - 8 years of experience

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Last Updated: 28 Feb 2025

Companies similar to Kotak Mahindra Bank for Service Operations Manager

Company name	Avg Annual Salary	Open Jobs
IDBI Bank Service Operations Manager Salary 3 - 16 years exp. (61 salaries)	₹6.5 L/yr - ₹20.9 L/yr 132% more
ICICI Bank Service Operations Manager Salary 1 - 15 years exp. (6 salaries)	₹3 L/yr - ₹8 L/yr 6% less
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HDFC Bank Service Operations Manager Salary 8 - 16 years exp. (4 salaries)	₹6 L/yr - ₹9 L/yr 20% more
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

Service Operations Manager salary at Kotak Mahindra Bank ranges between ₹4 Lakhs to ₹8.9 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Service Operations Manager salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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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

Relationship Officer in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

On time salary

Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

Salary - Poor

+4 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

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.

Salary - Poor

+4 more

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.

Salary - Excellent

+6 more

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

Job security - Excellent

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

Salary - Bad

+5 more

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Service Operations Manager Salary FAQs

How the salary growth look like for a Service Operations Manager at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
3 years	₹1.3 Lakhs to ₹4.0 Lakhs per year
4 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
5 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
6 years	₹6.1 Lakhs to ₹7.8 Lakhs per year

and so on.

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Kotak Mahindra Bank Service Operations Manager Salaries

Kotak Mahindra Bank Service Operations Manager salary in India ranges between ₹4 Lakhs to ₹8.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.