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Kotak Mahindra Bank Service Relationship Manager salaries in India

Annual salary range
1 - 10 years exp.
₹2.2 Lakhs - ₹9.2 Lakhs
Salary of majority employees
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14% less than the average Service Relationship Manager Salary in Banking Companies for 1 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Service Relationship Manager Salary
1 - 10 years exp. (32 salaries)
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₹2.4 L/yr - ₹8.8 L/yr

BFSI, Investments & Trading
Service Relationship Manager Salary
1 - 10 years exp. (27 salaries)
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₹2.5 L/yr - ₹10.3 L/yr

Finance & Accounting
Service Relationship Manager Salary
1 - 7 years exp. (9 salaries)
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₹3.3 L/yr - ₹6.8 L/yr

Sales & Business Development
Service Relationship Manager Salary
1 - 10 years exp. (5 salaries)
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₹2.6 L/yr - ₹6.9 L/yr

Risk Management & Compliance
Service Relationship Manager Salary
1 - 6 years exp. (4 salaries)
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₹5.4 L/yr - ₹8 L/yr

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Last Updated: 17 Dec 2024

Companies similar to Kotak Mahindra Bank for Service Relationship Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Service Relationship Manager Salary

0 - 9 years exp. (83 salaries)

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₹2 L/yr - ₹9 L/yr

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ICICI Bank Service Relationship Manager Salary

1 - 11 years exp. (200 salaries)

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₹2.5 L/yr - ₹11.2 L/yr

arrow icon 23% more
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Axis Bank Service Relationship Manager Salary

1 - 10 years exp. (147 salaries)

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₹2.7 L/yr - ₹12.3 L/yr

arrow icon 29% more
3 job openings
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₹3.5 L/yr - ₹8.3 L/yr

arrow icon 10% more
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Yes Bank Service Relationship Manager Salary

3 - 10 years exp. (34 salaries)

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₹3.3 L/yr - ₹9 L/yr

arrow icon 20% more
1 job opening
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₹5.6 L/yr - ₹6.7 L/yr

arrow icon 25% more
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RBL Bank Service Relationship Manager Salary

2 - 9 years exp. (3 salaries)

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₹3 L/yr - ₹8 L/yr

arrow icon 16% more
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IDBI Bank Service Relationship Manager Salary

2 - 10 years exp. (3 salaries)

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₹13 L/yr - ₹20 L/yr

arrow icon 208% more
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₹5.7 L/yr - ₹9 L/yr

arrow icon 49% more
Service Relationship Manager salary at Kotak Mahindra Bank ranges between ₹2.2 Lakhs to ₹9.2 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 117 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Service Relationship Manager

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Experience wise Kotak Mahindra Bank Service Relationship Manager salaries

Last Updated: 17 Dec 2024

Experience Avg Annual Salary
1 year  (11 salaries)

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₹2.5 L/yr - ₹7.2 L/yr
2 years  (14 salaries)

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₹2.5 L/yr - ₹8 L/yr
3 years  (9 salaries)

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₹2.6 L/yr - ₹7.1 L/yr
4 years  (16 salaries)

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₹2.2 L/yr - ₹7.1 L/yr
5 years  (22 salaries)

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₹2.2 L/yr - ₹7.8 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

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₹1.8 L/yr - ₹7.92 L/yr
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₹1.5 L/yr - ₹10 L/yr
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₹2 L/yr - ₹11.2 L/yr
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₹2 L/yr - ₹4 L/yr
Branch Manager Salary
(1k salaries)
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₹6.62 L/yr - ₹25.56 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Sales Manager Salary
(786 salaries)
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₹1.2 L/yr - ₹10 L/yr
Customer Success Manager Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr
Deputy Manager Salary
(11.3k salaries)
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₹1.65 L/yr - ₹8 L/yr
Senior Associate Salary
(115 salaries)
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₹1.4 L/yr - ₹4.5 L/yr

Top skills at Kotak Mahindra Bank for Service Relationship Manager

Relationship Management MIS Preparation Customer Service Relationship Management Wealth Management Escalation Management Senior Management Wealth Management Coordination

Salary related reviews for Kotak Mahindra Bank

3.7

Rated by 7 employees for salary & benefits

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

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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.

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Dislikes

Salary, promortion - these are the worst over here.

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.

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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.

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Full Time

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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.

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.

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Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 30 Dec 2023

3.0
 for  Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

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Kotak Mahindra Bank Service Relationship Manager Salary FAQs

What is the salary of Service Relationship Manager at Kotak Mahindra Bank?
Service Relationship Manager salary at Kotak Mahindra Bank in India ranges between ₹2.2 Lakhs to ₹9.2 Lakhs for experience between 1 years to 10 years. According to our estimates it is 14% less than the average Service Relationship Manager Salary in India. Salary estimates are based on 117 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Service Relationship Manager at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Service Relationship Manager at Kotak Mahindra Bank is 14% less than the average salary of a Service Relationship Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Service Relationship Manager at Kotak Mahindra Bank?
Relationship Management, MIS Preparation, Customer Service, Relationship Management and Wealth Management are some of the popular skills required to work as a Service Relationship Manager at Kotak Mahindra Bank India.
Which similar companies are paying more than Kotak Mahindra Bank to a Service Relationship Manager in India?
  • IDBI Bank Service Relationship Manager Salary - ₹13.0 Lakhs to ₹20.0 Lakhs per year
  • Standard Chartered Service Relationship Manager Salary - ₹5.7 Lakhs to ₹9.0 Lakhs per year
  • Axis Bank Service Relationship Manager Salary - ₹2.7 Lakhs to ₹12.3 Lakhs per year
  • IDFC FIRST Bank Service Relationship Manager Salary - ₹5.6 Lakhs to ₹6.7 Lakhs per year
  • ICICI Bank Service Relationship Manager Salary - ₹2.5 Lakhs to ₹11.2 Lakhs per year
What is the salary of a Service Relationship Manager in companies similar to Kotak Mahindra Bank in India?
  • Yes Bank Service Relationship Manager Salary - ₹3.3 Lakhs to ₹9.0 Lakhs per year
  • RBL Bank Service Relationship Manager Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year
  • IndusInd Bank Service Relationship Manager Salary - ₹3.5 Lakhs to ₹8.3 Lakhs per year
  • HDFC Bank Service Relationship Manager Salary - ₹2.0 Lakhs to ₹9.0 Lakhs per year
What is the estimated take home salary of a Service Relationship Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Service Relationship Manager at Kotak Mahindra Bank ranges between ₹39,954 per month to ₹41,120 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Service Relationship Manager salary in India which ranges between ₹2.2 Lakhs to ₹9.2 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Service Relationship Manager at Kotak Mahindra Bank?
According to AmbitionBox, 66% of the Kotak Mahindra Bank Service Relationship Managers reported a notice period of 3 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 96 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Service Relationship Manager salary in India ranges between ₹2.2 Lakhs to ₹9.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 117 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.