Kotak Mahindra Bank SM Salaries by 4 Employees

2 - 18 years exp.

₹6 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

At par with the average SM Salary in Banking Companies for 2 - 18 years of experience

Interested in this particular role?

Last Updated: 2 Jun 2023

Companies similar to Kotak Mahindra Bank for SM

Company name	Avg Annual Salary	Open Jobs
HDFC Bank SM Salary 2 - 14 years exp. (14 salaries)	₹3.6 L/yr - ₹12.6 L/yr At par
ICICI Bank SM Salary 3 - 12 years exp. (19 salaries)	₹3 L/yr - ₹7.2 L/yr 40% less
Login to view exact salary
Axis Bank SM Salary 7 - 13 years exp. (18 salaries)	₹4.4 L/yr - ₹10 L/yr 17% less
IndusInd Bank SM Salary 0 - 8 years exp. (4 salaries)	₹3 L/yr - ₹8.2 L/yr 42% less
Yes Bank SM Salary 4 - 9 years exp. (3 salaries)	₹2.2 L/yr - ₹8.5 L/yr 25% less
IDFC FIRST Bank SM Salary 8 - 14 years exp. (7 salaries)	₹6.5 L/yr - ₹10.9 L/yr 7% less
Bandhan Bank SM Salary 1 - 15 years exp. (3 salaries)	₹3.8 L/yr - ₹17 L/yr 32% more
Jana Small Finance Bank SM Salary 5 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹5 L/yr 48% less
Utkarsh Small Finance Bank SM Salary 5 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹6.8 L/yr 40% less
Ujjivan Small Finance Bank SM Salary 5 - 8 years exp. (3 salaries)	₹6.1 L/yr - ₹7.3 L/yr 21% less

SM salary at Kotak Mahindra Bank ranges between ₹6 Lakhs to ₹15 Lakhs per year for employees with experience between 2 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank SM salaries

Last Updated: 2 Jun 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
6 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
7 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
8 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
10 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
12 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
13 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
14 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
15+ years (3 salaries)	₹4.5 L/yr - ₹15 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8.5 L/yr

Associate Vice President Salary

(1.5k salaries)

₹9.7 L/yr - ₹35.35 L/yr

Junior Associate Salary

(851 salaries)

₹1 L/yr - ₹4 L/yr

Chief Manager Salary

(813 salaries)

₹8.95 L/yr - ₹28.19 L/yr

Sales Executive Salary

(793 salaries)

₹1 L/yr - ₹5 L/yr

Assistant Acquisition Manager Salary

(750 salaries)

₹1.45 L/yr - ₹4.5 L/yr

Relationship Officer Salary

(675 salaries)

₹2 L/yr - ₹6.5 L/yr

Product Manager Salary

(567 salaries)

₹6.41 L/yr - ₹24 L/yr

Team Lead Salary

(422 salaries)

₹1.5 L/yr - ₹6.76 L/yr

Business Analyst Salary

(307 salaries)

₹4.52 L/yr - ₹19 L/yr

Salary related reviews for Kotak Mahindra Bank

5.0

Rated by 1 employees for salary & benefits

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

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

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

Salary - Bad

+1 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

an assistant manager

With online education becoming more popular, many professionals are opting for an Online MBA instead of a traditional one. But does it really offer the same value? Some key questions to consider: •Does it provide the same career opportunities and salary boost as a regular MBA? •How do employers view online MBAs compared to full-time programs? •Are the networking and learning experiences just as effective? •Is the cost justified by the return on investment? If you’ve completed or are considering an Online MBA, I’d love to hear your thoughts! Was it worth it for you? Why or why not? Let’s discuss!

Is an Online MBA Really Worth It?

Yes

Can be, if properly planned

16 participants . expiring in 4d

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank SM Salary FAQs

What is the salary of SM at Kotak Mahindra Bank?

SM salary at Kotak Mahindra Bank in India ranges between ₹6.0 Lakhs to ₹15.0 Lakhs for experience between 2 years to 18 years. According to our estimates it is 3% more than the average SM 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 SM at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a SM at Kotak Mahindra Bank is 3% more than the average salary of a SM in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a SM in India?

Bandhan Bank SM Salary - ₹3.8 Lakhs to ₹17.0 Lakhs per year
HDFC Bank SM Salary - ₹3.6 Lakhs to ₹12.6 Lakhs per year

What is the salary of a SM in companies similar to Kotak Mahindra Bank in India?

IDFC FIRST Bank SM Salary - ₹6.5 Lakhs to ₹10.9 Lakhs per year
Axis Bank SM Salary - ₹4.4 Lakhs to ₹10.0 Lakhs per year
Ujjivan Small Finance Bank SM Salary - ₹6.1 Lakhs to ₹7.3 Lakhs per year
Yes Bank SM Salary - ₹2.2 Lakhs to ₹8.5 Lakhs per year
Utkarsh Small Finance Bank SM Salary - ₹3.6 Lakhs to ₹6.8 Lakhs per year

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

The estimated take-home salary of a SM at Kotak Mahindra Bank ranges between ₹62,392 per month to ₹63,977 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank SM salary in India which ranges between ₹6.0 Lakhs to ₹15.0 Lakhs per year for employees with experience between 2 years to 18 years. Check how did we calculate take home salary?

What is the notice period for SM at Kotak Mahindra Bank?

According to AmbitionBox, 50% of the Kotak Mahindra Bank SMs reported a notice period of 3 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank SM Salaries

Kotak Mahindra Bank SM salary in India ranges between ₹6 Lakhs to ₹15 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.