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Kotak Mahindra Bank Team Lead salaries in Mumbai Suburban

Annual salary range
4 - 7 years exp.
₹1.9 Lakh - ₹6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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38% less than the average Team Lead Salary in Banking Companies for 4 - 7 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
Team Lead Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹1.9 L/yr - ₹4.7 L/yr

BFSI, Investments & Trading
Team Lead Salary
5 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹6 L/yr

Customer Success, Service & Operations
Team Lead Salary
6 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.9 L/yr

Risk Management & Compliance
Team Lead Salary
7 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹6 L/yr

Last Updated: 1 May 2024

Companies similar to Kotak Mahindra Bank for Team Lead in Mumbai Suburban

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Kotak Mahindra Bank Team Lead Salary

4 - 7 years exp. (6 salaries)

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₹1.9 L/yr - ₹6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IndusInd Bank Team Lead Salary

4 - 7 years exp. (3 salaries)

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₹3.7 L/yr - ₹6.3 L/yr

arrow icon 28% more
6 job openings
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Ocwen Financial Solutions Team Lead Salary

10 - 16 years exp. (6 salaries)

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₹7.5 L/yr - ₹11.9 L/yr

arrow icon 183% more
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₹10.4 L/yr - ₹14.8 L/yr

arrow icon 200% more
5 job openings
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Epicenter Technologies Team Lead Salary

2 - 6 years exp. (5 salaries)

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₹3.9 L/yr - ₹5.2 L/yr

arrow icon 14% more
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Datamatics Global Services Team Lead Salary

9 - 12 years exp. (4 salaries)

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₹5.5 L/yr - ₹8.3 L/yr

arrow icon 51% more
3 job openings
Team Lead salary at Kotak Mahindra Bank ranges between ₹1.9 Lakh to ₹6 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Team Lead in Mumbai Suburban

11mo ago
₹6 Lakhs
5 years exp.
1y ago
₹6 Lakhs
7 years exp.
1y ago
₹4.9 Lakhs
6 years exp.

Experience wise Kotak Mahindra Bank Team Lead salaries in Mumbai Suburban

Last Updated: 1 May 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
5 years  (3 salaries)

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₹2.1 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
7 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
Kotak Mahindra Bank Team Lead Salary and Career Growth

From

To

Team Lead

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1 - 8 years exp.

Deputy Manager

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0 - 13 years exp.

From

To

Team Lead

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1 - 8 years exp.

Regional Sales Manager

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12 - 19 years exp.

From

To

Team Lead

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1 - 8 years exp.

Senior Regional Business Manager

Salary unavailable

From

To

Team Lead

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1 - 8 years exp.

Regional Asset Manager

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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

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₹1.5 L/yr - ₹2.74 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

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.

read more
  • Salary - Poor
  • +1 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

 · 

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.

read more
  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more

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.

read more
  • 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.

read more
  • Work satisfaction - Bad
  • +2 more

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.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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Kotak Mahindra Bank Team Lead Salary FAQs

What is the salary of Team Lead at Kotak Mahindra Bank in Mumbai Suburban?
The average salary of a Team Lead at Kotak Mahindra Bank in Mumbai Suburban typically ranges from ₹1.9 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Team Lead in Mumbai Suburban at Kotak Mahindra Bank earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 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 6 Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Team Lead at Kotak Mahindra Bank in Mumbai Suburban?
The estimated take-home salary of a Team Lead at Kotak Mahindra Bank in Mumbai Suburban typically ranges from ₹28,634 to ₹30,019 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 4 years to 7 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 6 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 Suburban?
To be a Team Lead at Kotak Mahindra Bank in Mumbai Suburban, 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?
Hindustan Coca Cola Beverages ₹10.4 Lakhs to ₹14.8 Lakhs per year
Ocwen Financial Solutions ₹7.5 Lakhs to ₹11.9 Lakhs per year
Datamatics Global Services ₹5.5 Lakhs to ₹8.3 Lakhs per year
IndusInd Bank ₹3.7 Lakhs to ₹6.3 Lakhs per year
Epicenter Technologies ₹3.9 Lakhs to ₹5.2 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.
How the salary growth look like for a Team Lead at Kotak Mahindra Bank in Mumbai Suburban?
The salary growth for a Team Lead at Kotak Mahindra Bank in Mumbai Suburban depends on factors such as experience, performance, and promotions. On average, a Team Lead in Mumbai Suburban can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
4 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
5 years ₹2.1 Lakhs to ₹6.0 Lakhs per year
6 years ₹3.8 Lakhs to ₹4.9 Lakhs per year
7 years ₹4.0 Lakhs to ₹5.1 Lakhs per year
and so on.

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Kotak Mahindra Bank Team Lead salary in Mumbai Suburban ranges between ₹1.9 Lakh to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.