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Kotak Mahindra Bank Service Operations Manager salaries in India (Updated 2025)

Annual salary range
3 - 8 years exp.
₹4 Lakhs - ₹8.9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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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
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HDFC Bank Service Operations Manager Salary

8 - 16 years exp. (4 salaries)

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₹6 L/yr - ₹9 L/yr

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ICICI Bank Service Operations Manager Salary

9 - 15 years exp. (5 salaries)

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₹4.6 L/yr - ₹10 L/yr

arrow icon 32% more
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Axis Bank Service Operations Manager Salary

4 - 16 years exp. (4 salaries)

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₹3.6 L/yr - ₹7.9 L/yr

arrow icon 13% more
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₹4.1 L/yr - ₹9.4 L/yr

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IDBI Bank Service Operations Manager Salary

3 - 16 years exp. (61 salaries)

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₹6.5 L/yr - ₹20.9 L/yr

arrow icon 132% 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.

Latest annual salaries shared by Kotak Mahindra Bank Service Operations Manager

2d ago
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8 years exp.
8mo ago
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7 years exp.
1y ago
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3 years exp.

Experience wise Kotak Mahindra Bank Service Operations Manager salaries

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.5 L/yr
6 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.8 L/yr
7 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹8.2 L/yr
View all

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₹1 L/yr - ₹5 L/yr
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₹2 L/yr - ₹6.5 L/yr
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Salary related reviews for Kotak Mahindra Bank

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.

read more
  • Salary - Poor
  • +4 more

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.

read more
  • 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

read more

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

read more
  • Salary - Bad
  • +5 more

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

  • Skill development - Excellent
  • +3 more

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

read more
  • Salary - Bad
  • +1 more

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.

read more
  • Salary - Bad
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Kotak Mahindra Bank Service Operations Manager Salary FAQs

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