Kotak Mahindra Bank Mumbai Team Lead Salaries by 80+ Employees (Updated 2025)

1 - 8 years exp.

₹1.8 Lakh - ₹7 Lakhs

Salary of majority employees

56% less than the average Team Lead Salary in Banking Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Team Lead Salary 2 - 8 years exp. (19 salaries)	₹1.8 L/yr - ₹9 L/yr
Sales & Business Development Team Lead Salary 1 - 8 years exp. (18 salaries)	₹1.8 L/yr - ₹5.8 L/yr
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Customer Success, Service & Operations Team Lead Salary 1 - 8 years exp. (15 salaries)	₹2.1 L/yr - ₹7 L/yr
Finance & Accounting Team Lead Salary 2 - 8 years exp. (6 salaries)	₹2.3 L/yr - ₹4.6 L/yr
Risk Management & Compliance Team Lead Salary 1 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹3.9 L/yr

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Last Updated: 15 Mar 2025

Companies similar to Kotak Mahindra Bank for Team Lead in Mumbai

Kotak Mahindra Bank Team Lead Salary

1 - 8 years exp. (83 salaries)

₹1.8 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Team Lead Salary 1 - 12 years exp. (153 salaries)	₹1 L/yr - ₹7.5 L/yr 21% more
IDFC FIRST Bank Team Lead Salary 2 - 13 years exp. (87 salaries)	₹2.2 L/yr - ₹11.4 L/yr 61% more
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Axis Bank Team Lead Salary 1 - 11 years exp. (41 salaries)	₹2 L/yr - ₹5.8 L/yr 6% less
IndusInd Bank Team Lead Salary 2 - 13 years exp. (28 salaries)	₹2.9 L/yr - ₹9.6 L/yr 60% more	7 job openings
Yes Bank Team Lead Salary 4 - 10 years exp. (25 salaries)	₹2.5 L/yr - ₹9.5 L/yr 51% more
HDFC Bank Team Lead Salary 2 - 10 years exp. (25 salaries)	₹1.2 L/yr - ₹8.4 L/yr 18% more	2 job openings
Paytm Payments Bank Team Lead Salary 3 - 9 years exp. (13 salaries)	₹4.3 L/yr - ₹8 L/yr 72% more
RBL Bank Team Lead Salary 2 - 7 years exp. (9 salaries)	₹3.2 L/yr - ₹4.5 L/yr 16% less
Jana Small Finance Bank Team Lead Salary 3 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.8 L/yr 16% less
Chase Bank Team Lead Salary 7 - 14 years exp. (3 salaries)	₹8.3 L/yr - ₹10 L/yr 133% more

Team Lead salary at Kotak Mahindra Bank ranges between ₹1.8 Lakh to ₹7 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 83 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Team Lead salaries in Mumbai

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
1 year (6 salaries)	₹1.8 L/yr - ₹3.6 L/yr
2 years (8 salaries)	₹2 L/yr - ₹3.5 L/yr
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3 years (13 salaries)	₹1.8 L/yr - ₹5.7 L/yr
4 years (14 salaries)	₹1.8 L/yr - ₹5.5 L/yr
5 years (14 salaries)	₹2 L/yr - ₹6.3 L/yr
6 years (8 salaries)	₹4.1 L/yr - ₹6.3 L/yr
7 years (11 salaries)	₹2 L/yr - ₹7 L/yr
8 years (9 salaries)	₹2.8 L/yr - ₹9 L/yr

View all

From

Team Lead

1 - 8 years exp.

Deputy Manager

0 - 13 years exp.

From

View 4 more levels

Team Lead

1 - 8 years exp.

Regional Sales Manager

13 - 21 years exp.

From

View 5 more levels

Team Lead

1 - 8 years exp.

Senior Regional Business Manager

Salary unavailable

From

View 3 more levels

Team Lead

1 - 8 years exp.

Regional Asset Manager

15 - 17 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(3.4k salaries)

₹1.65 L/yr - ₹8.2 L/yr

Branch Manager Salary

(139 salaries)

₹7.5 L/yr - ₹25.56 L/yr

Senior Associate Salary

(25 salaries)

₹1.5 L/yr - ₹3.9 L/yr

Team Manager Salary

(21 salaries)

₹2 L/yr - ₹10.83 L/yr

Team Coach Salary

(6 salaries)

₹2.7 L/yr - ₹4 L/yr

Senior Analyst Salary

(5 salaries)

₹11.5 L/yr - ₹17.9 L/yr

Technical Lead Salary

(3 salaries)

₹33.49 L/yr - ₹34.27 L/yr

Top skills at Kotak Mahindra Bank for Team Lead

Team Leading Team Handling Sales Banking People Management SLA Management Team Management Attrition Management Shrinkage Control Inbound Calls MATLAB Fraud Monitoring Quality Audit Credit Cards Floor Management

Salary related reviews for Kotak Mahindra Bank

2.9

Rated by 8 employees for salary & benefits

Team Lead in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 08 May 2023

2.0

for Salary and Benefits

Likes

You get a lot of learning exposure. Job security is very good. 5 days working benefit. Overall a great experience.

Job security - Excellent

Dislikes

Newly recruited person are taken for high salary where as existing employees do not have the value. Work for 2 years and change the company we ll have dignity then. Wen required sales and when required service changes in sop very frequently. We end up learning n experience all these as well.

Salary - Poor

+1 more

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

Deputy Manager in Mumbai

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.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

Deputy Manager in Vadodara

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.

Skill development - Good

+1 more

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.

Work satisfaction - Bad

+2 more

Deputy Manager in Kolkata

Full Time

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.

Job security - Good

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.

Salary - Poor

+4 more

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What people are saying about Kotak Mahindra Bank

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malleshkuruva

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Kotak Mahindra Bank

I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.

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Kotak Mahindra Bank Team Lead Salary FAQs

What is the salary of Team Lead at Kotak Mahindra Bank in Mumbai?

The average salary of a Team Lead at Kotak Mahindra Bank in Mumbai typically ranges from ₹1.8 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Team Lead in Mumbai at Kotak Mahindra Bank earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹8.3 Lakhs per year. Team Lead Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 80+ Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a Team Lead at Kotak Mahindra Bank in Mumbai?

The estimated take-home salary of a Team Lead at Kotak Mahindra Bank in Mumbai typically ranges from ₹29,058 to ₹30,437 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 1 year to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 80+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Team Lead at Kotak Mahindra Bank in Mumbai?

To be a Team Lead at Kotak Mahindra Bank in Mumbai, the key skills required include:

- Team Leading
- Team Handling
- Sales
- Banking
- People Management

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindra Bank for Team Lead in India?

Chase Bank	₹8.3 Lakhs to ₹10.0 Lakhs per year
Paytm Payments Bank	₹4.3 Lakhs to ₹8.0 Lakhs per year
IDFC FIRST Bank	₹2.2 Lakhs to ₹11.4 Lakhs per year
IndusInd Bank	₹2.9 Lakhs to ₹9.6 Lakhs per year
Yes Bank	₹2.5 Lakhs to ₹9.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.

What is the salary of a Team Lead in companies similar to Kotak Mahindra Bank in Mumbai?

The salary of a Team Lead at companies similar to Kotak Mahindra Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank	₹1.0 Lakhs to ₹7.5 Lakhs per year
HDFC Bank	₹1.2 Lakhs to ₹8.4 Lakhs per year
Axis Bank	₹2.0 Lakhs to ₹5.8 Lakhs per year
RBL Bank	₹3.2 Lakhs to ₹4.5 Lakhs per year
Jana Small Finance Bank	₹3.0 Lakhs to ₹3.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Team Lead at Kotak Mahindra Bank in Mumbai?

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

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹3.6 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.5 Lakhs per year
3 years	₹1.8 Lakhs to ₹5.7 Lakhs per year
4 years	₹1.8 Lakhs to ₹5.5 Lakhs per year

and so on.

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Kotak Mahindra Bank Team Lead Salaries in Mumbai

Kotak Mahindra Bank Team Lead salary in Mumbai ranges between ₹1.8 Lakh to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 83 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.