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Kotak Mahindra Bank Team Manager salaries in India

Annual salary range
1 - 14 years exp.
₹1.7 Lakh - ₹10.8 Lakhs
Salary of majority employees
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61% less than the average Team Manager Salary in Banking Companies for 1 - 14 years of experience

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Salaries in different departments

Sales & Business Development
Team Manager Salary
1 - 10 years exp. (16 salaries)
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₹2.1 L/yr - ₹7.6 L/yr

BFSI, Investments & Trading
Team Manager Salary
3 - 14 years exp. (14 salaries)
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₹2 L/yr - ₹8.2 L/yr

Customer Success, Service & Operations
Team Manager Salary
3 - 12 years exp. (11 salaries)
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₹1.7 L/yr - ₹9 L/yr

Finance & Accounting
Team Manager Salary
2 - 3 years exp. (3 salaries)
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₹2.7 L/yr - ₹7.7 L/yr

Marketing & Communication
Team Manager Salary
3 - 4 years exp. (3 salaries)
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₹3.5 L/yr - ₹7.9 L/yr

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Last Updated: 22 Jan 2025

Companies similar to Kotak Mahindra Bank for Team Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Team Manager Salary

5 - 13 years exp. (319 salaries)

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₹4.3 L/yr - ₹13.5 L/yr

arrow icon 42% more
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ICICI Bank Team Manager Salary

1 - 13 years exp. (141 salaries)

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₹6.4 L/yr - ₹11.8 L/yr

arrow icon 50% more
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Axis Bank Team Manager Salary

2 - 10 years exp. (98 salaries)

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₹2.1 L/yr - ₹6.9 L/yr

arrow icon 6% more
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State Bank of India Team Manager Salary

0 - 12 years exp. (7 salaries)

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₹9.8 L/yr - ₹15.7 L/yr

arrow icon 103% more
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IndusInd Bank Team Manager Salary

1 - 12 years exp. (31 salaries)

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₹3.3 L/yr - ₹6.2 L/yr

arrow icon 2% more
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Yes Bank Team Manager Salary

1 - 13 years exp. (50 salaries)

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₹3.5 L/yr - ₹13 L/yr

arrow icon 39% more
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Federal Bank Team Manager Salary

0 - 8 years exp. (7 salaries)

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₹8.4 L/yr - ₹21 L/yr

arrow icon 138% more
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IDFC FIRST Bank Team Manager Salary

3 - 15 years exp. (55 salaries)

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₹5 L/yr - ₹15 L/yr

arrow icon 38% more
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RBL Bank Team Manager Salary

4 - 10 years exp. (12 salaries)

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₹5.7 L/yr - ₹7.1 L/yr

arrow icon 15% more
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Bandhan Bank Team Manager Salary

6 - 13 years exp. (15 salaries)

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₹4.9 L/yr - ₹12 L/yr

arrow icon 27% more
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₹6.8 L/yr - ₹22 L/yr

arrow icon 107% more
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Paytm Payments Bank Team Manager Salary

6 - 15 years exp. (11 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 2% more
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IDBI Bank Team Manager Salary

2 - 14 years exp. (7 salaries)

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₹13 L/yr - ₹20.6 L/yr

arrow icon 179% more
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Barclays Investment Bank Team Manager Salary

7 - 12 years exp. (7 salaries)

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₹12.4 L/yr - ₹14.2 L/yr

arrow icon 116% more
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₹4.8 L/yr - ₹9 L/yr

arrow icon 9% more
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₹4.4 L/yr - ₹15.3 L/yr

arrow icon 64% more
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Jana Small Finance Bank Team Manager Salary

3 - 10 years exp. (6 salaries)

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₹1.7 L/yr - ₹6.5 L/yr

arrow icon 40% less
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₹5.2 L/yr - ₹21.1 L/yr

arrow icon 118% more
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Bank of Baroda Team Manager Salary

5 - 11 years exp. (5 salaries)

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₹14 L/yr - ₹16 L/yr

arrow icon 144% more
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South Indian Bank Team Manager Salary

6 - 12 years exp. (4 salaries)

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₹4.5 L/yr - ₹16 L/yr

arrow icon 103% more
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Team Manager salary at Kotak Mahindra Bank ranges between ₹1.7 Lakh to ₹10.8 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 123 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Team Manager

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14 years exp.
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14 years exp.
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9 years exp.
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7 years exp.
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7 years exp.
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Experience wise Kotak Mahindra Bank Team Manager salaries

Last Updated: 22 Jan 2025

Experience Avg Annual Salary
1 year  (8 salaries)

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₹2 L/yr - ₹7.9 L/yr
2 years  (7 salaries)

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₹2.8 L/yr - ₹7.8 L/yr
3 years  (14 salaries)

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₹1.7 L/yr - ₹9.2 L/yr
4 years  (12 salaries)

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₹1.9 L/yr - ₹9.7 L/yr
5 years  (21 salaries)

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₹1.9 L/yr - ₹9.2 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

Area Manager Salary
(96 salaries)
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₹7 L/yr - ₹27.71 L/yr
Program Manager Salary
(10 salaries)
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₹7 L/yr - ₹20 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Branch Manager Salary
(1k salaries)
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₹7 L/yr - ₹25.56 L/yr
Deputy Manager Salary
(11.3k salaries)
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₹1.65 L/yr - ₹8.4 L/yr
Team Lead Salary
(413 salaries)
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₹1.5 L/yr - ₹7 L/yr
Project Manager Salary
(63 salaries)
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₹6.23 L/yr - ₹24.06 L/yr
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₹2.8 L/yr - ₹4.92 L/yr
Cluster Manager Salary
(51 salaries)
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₹4.5 L/yr - ₹17 L/yr
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₹2 L/yr - ₹10 L/yr

Top skills at Kotak Mahindra Bank for Team Manager

OD Communication Skills cc Risk Management Alm Stress Testing Asset Liability Management Market Risk Management

Salary related reviews for Kotak Mahindra Bank

3.4

Rated by 32 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 24 Nov 2024

2.0
 for  Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

read more
  • Salary - Poor
    +4 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

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

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.

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  • 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.

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  • Work satisfaction - Bad
    +2 more
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Kotak Mahindra Bank Team Manager Salary FAQs

What is the salary of Team Manager at Kotak Mahindra Bank?
Team Manager salary at Kotak Mahindra Bank in India ranges between ₹1.7 Lakhs to ₹10.8 Lakhs for experience between 1 years to 14 years. According to our estimates it is 61% less than the average Team Manager Salary in India. Salary estimates are based on 123 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Team Manager at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Team Manager at Kotak Mahindra Bank is 61% less than the average salary of a Team Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Team Manager at Kotak Mahindra Bank?
OD, Communication Skills, cc, Risk Management and Alm are some of the popular skills required to work as a Team Manager at Kotak Mahindra Bank India.
Which similar companies are paying more than Kotak Mahindra Bank to a Team Manager in India?
  • IDBI Bank Team Manager Salary - ₹13.0 Lakhs to ₹20.6 Lakhs per year
  • Bank of Baroda Team Manager Salary - ₹14.0 Lakhs to ₹16.0 Lakhs per year
  • Federal Bank Team Manager Salary - ₹8.4 Lakhs to ₹21.0 Lakhs per year
  • Canara Bank Team Manager Salary - ₹12.0 Lakhs to ₹15.0 Lakhs per year
  • Karur Vysya Bank Team Manager Salary - ₹9.8 Lakhs to ₹17.0 Lakhs per year
What is the salary of a Team Manager in companies similar to Kotak Mahindra Bank in India?
  • Ujjivan Small Finance Bank Team Manager Salary - ₹5.2 Lakhs to ₹21.1 Lakhs per year
  • Barclays Investment Bank Team Manager Salary - ₹12.4 Lakhs to ₹14.2 Lakhs per year
  • HSBC Global Banking and Markets Team Manager Salary - ₹6.8 Lakhs to ₹22.0 Lakhs per year
  • State Bank of India Team Manager Salary - ₹9.8 Lakhs to ₹15.7 Lakhs per year
  • South Indian Bank Team Manager Salary - ₹4.5 Lakhs to ₹16.0 Lakhs per year
What is the estimated take home salary of a Team Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Team Manager at Kotak Mahindra Bank ranges between ₹45,844 per month to ₹46,931 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Team Manager salary in India which ranges between ₹1.7 Lakhs to ₹10.8 Lakhs per year for employees with experience between 1 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Team Manager at Kotak Mahindra Bank?
According to AmbitionBox, 56% of the Kotak Mahindra Bank Team Managers reported a notice period of 1 Month, 27% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 66 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Team Manager salary in India ranges between ₹1.7 Lakh to ₹10.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 123 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.