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Kotak Mahindra Bank Team Manager salaries in India (Updated 2025)

Annual salary range
1 - 14 years exp.
₹2.2 Lakhs - ₹12 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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59% 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. (20 salaries)
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₹1.3 L/yr - ₹10.6 L/yr

BFSI, Investments & Trading
Team Manager Salary
3 - 14 years exp. (12 salaries)
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₹2.2 L/yr - ₹11.3 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

Last Updated: 22 Mar 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. (339 salaries)

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₹3.9 L/yr - ₹14.1 L/yr

arrow icon 29% more
1 job opening
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ICICI Bank Team Manager Salary

1 - 15 years exp. (163 salaries)

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₹8.2 L/yr - ₹20 L/yr

arrow icon 69% more
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Axis Bank Team Manager Salary

4 - 12 years exp. (95 salaries)

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₹2.9 L/yr - ₹13.6 L/yr

arrow icon 9% more
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IDFC FIRST Bank Team Manager Salary

2 - 15 years exp. (59 salaries)

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₹4.2 L/yr - ₹15 L/yr

arrow icon 37% more
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Yes Bank Team Manager Salary

4 - 11 years exp. (44 salaries)

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₹3.7 L/yr - ₹15.1 L/yr

arrow icon 32% more
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IndusInd Bank Team Manager Salary

1 - 12 years exp. (39 salaries)

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₹3.3 L/yr - ₹13.1 L/yr

arrow icon 6% more
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Bandhan Bank Team Manager Salary

1 year exp. (36 salaries)

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₹9.3 L/yr - ₹13.5 L/yr

arrow icon 87% more
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₹6.8 L/yr - ₹22 L/yr

arrow icon 81% 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 11% less
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Barclays Investment Bank Team Manager Salary

7 - 14 years exp. (8 salaries)

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₹12.4 L/yr - ₹16 L/yr

arrow icon 94% more
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₹12 L/yr - ₹13.4 L/yr

arrow icon 84% more
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RBL Bank Team Manager Salary

2 - 11 years exp. (9 salaries)

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₹6.5 L/yr - ₹7.1 L/yr

arrow icon 2% less
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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 107% more
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₹4.8 L/yr - ₹9 L/yr

arrow icon 5% less
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Jana Small Finance Bank Team Manager Salary

3 - 11 years exp. (6 salaries)

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₹1.7 L/yr - ₹6.5 L/yr

arrow icon 48% less
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IDBI Bank Team Manager Salary

5 - 14 years exp. (5 salaries)

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₹13 L/yr - ₹20.6 L/yr

arrow icon 138% 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 112% 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 77% more
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Karur Vysya Bank Team Manager Salary

5 - 15 years exp. (4 salaries)

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₹3.1 L/yr - ₹14 L/yr

arrow icon 24% more
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City Union Bank Team Manager Salary

0 - 14 years exp. (3 salaries)

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₹4.3 L/yr - ₹11.8 L/yr

arrow icon 35% more
View all
Team Manager salary at Kotak Mahindra Bank ranges between ₹2.2 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 140 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Team Manager

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Experience wise Kotak Mahindra Bank Team Manager salaries

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
1 year  (7 salaries)

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₹2.4 L/yr - ₹5 L/yr
2 years  (5 salaries)

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

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₹1.3 L/yr - ₹8.9 L/yr
4 years  (15 salaries)

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₹1.9 L/yr - ₹8 L/yr
5 years  (24 salaries)

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₹1.9 L/yr - ₹8 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Area Manager Salary
(94 salaries)
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₹7 L/yr - ₹29.92 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 - ₹30 L/yr
Deputy Manager Salary
(11.3k salaries)
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₹1.65 L/yr - ₹8.5 L/yr
Team Lead Salary
(423 salaries)
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₹1.5 L/yr - ₹6.76 L/yr
Project Manager Salary
(60 salaries)
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₹5.79 L/yr - ₹24.3 L/yr
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₹2.8 L/yr - ₹4.92 L/yr
Cluster Manager Salary
(63 salaries)
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₹3.95 L/yr - ₹16.24 L/yr
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₹2 L/yr - ₹12 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

3.6

Rated by 36 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.

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
see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Team Manager Salary FAQs

What is the salary of Team Manager at Kotak Mahindra Bank ?
The average salary of a Team Manager at Kotak Mahindra Bank in India typically ranges from ₹2.2 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 1 year to 14 years).

The top 10% of Team Manager at Kotak Mahindra Bank earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹22.5 Lakhs per year. Team Manager 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 100+ Kotak Mahindra Bank employees in India.
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 in India typically ranges from ₹53,001 to ₹54,249 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 1 year to 14 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 100+ 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 Manager at Kotak Mahindra Bank ?
To be a Team Manager at Kotak Mahindra Bank in india, the key skills required include:

  • - OD
  • - Communication Skills
  • - cc
  • - Risk Management
  • - Alm

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 Manager in India?
IDBI Bank ₹13.0 Lakhs to ₹20.6 Lakhs per year
The Saraswat Co-operative Bank ₹10.0 Lakhs to ₹25.0 Lakhs per year
Bank of Baroda ₹14.0 Lakhs to ₹16.0 Lakhs per year
Federal Bank ₹8.4 Lakhs to ₹21.0 Lakhs per year
Canara Bank ₹12.0 Lakhs to ₹15.0 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 Manager in companies similar to Kotak Mahindra Bank in India?
The salary of a Team Manager at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays Investment Bank ₹12.4 Lakhs to ₹16.0 Lakhs per year
Bandhan Bank ₹9.3 Lakhs to ₹13.5 Lakhs per year
Ujjivan Small Finance Bank ₹12.0 Lakhs to ₹13.4 Lakhs per year
HSBC Global Banking and Markets ₹6.8 Lakhs to ₹22.0 Lakhs per year
South Indian Bank ₹4.5 Lakhs to ₹16.0 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 Manager at Kotak Mahindra Bank in India?
The salary growth for a Team Manager at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Team Manager can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
1 year ₹2.4 Lakhs to ₹5.0 Lakhs per year
2 years ₹2.8 Lakhs to ₹7.8 Lakhs per year
3 years ₹1.3 Lakhs to ₹8.9 Lakhs per year
4 years ₹1.9 Lakhs to ₹8.0 Lakhs per year
and so on.

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Kotak Mahindra Bank Team Manager salary in India ranges between ₹2.2 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 140 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.