Kotak Mahindra Bank Team Manager Salaries by 100+ Employees (Updated 2025)

1 - 14 years exp.

₹1.7 Lakh - ₹10 Lakhs

Salary of majority employees

62% 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)	₹2.4 L/yr - ₹9.8 L/yr
BFSI, Investments & Trading Team Manager Salary 3 - 14 years exp. (14 salaries)	₹2.2 L/yr - ₹10.8 L/yr
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Customer Success, Service & Operations Team Manager Salary 3 - 13 years exp. (13 salaries)	₹1.7 L/yr - ₹9.6 L/yr
Finance & Accounting Team Manager Salary 2 - 3 years exp. (3 salaries)	₹2.7 L/yr - ₹8.5 L/yr
Marketing & Communication Team Manager Salary 3 - 4 years exp. (3 salaries)	₹3.5 L/yr - ₹8.6 L/yr

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Last Updated: 16 Feb 2025

Companies similar to Kotak Mahindra Bank for Team Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Team Manager Salary 5 - 13 years exp. (309 salaries)	₹3.9 L/yr - ₹14.2 L/yr 49% more	1 job opening
ICICI Bank Team Manager Salary 1 - 12 years exp. (139 salaries)	₹6.3 L/yr - ₹11 L/yr 47% more
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Axis Bank Team Manager Salary 2 - 10 years exp. (100 salaries)	₹2.1 L/yr - ₹6.6 L/yr 7% more
State Bank of India Team Manager Salary 0 - 12 years exp. (7 salaries)	₹9.8 L/yr - ₹15.7 L/yr 108% more
IndusInd Bank Team Manager Salary 1 - 14 years exp. (33 salaries)	₹3.3 L/yr - ₹6.1 L/yr 4% more
Yes Bank Team Manager Salary 4 - 10 years exp. (38 salaries)	₹3.5 L/yr - ₹12.4 L/yr 28% more
Federal Bank Team Manager Salary 0 - 8 years exp. (7 salaries)	₹8.4 L/yr - ₹21 L/yr 144% more
IDFC FIRST Bank Team Manager Salary 3 - 15 years exp. (55 salaries)	₹4 L/yr - ₹15 L/yr 44% more
RBL Bank Team Manager Salary 0 - 9 years exp. (7 salaries)	₹4.1 L/yr - ₹9.6 L/yr 16% more
Bandhan Bank Team Manager Salary 6 - 13 years exp. (16 salaries)	₹4.9 L/yr - ₹12 L/yr 46% more
HSBC Global Banking and Markets Team Manager Salary 0 - 15 years exp. (13 salaries)	₹6.8 L/yr - ₹22 L/yr 112% more
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Paytm Payments Bank Team Manager Salary 6 - 15 years exp. (11 salaries)	₹4 L/yr - ₹10 L/yr 5% more
IDBI Bank Team Manager Salary 5 - 14 years exp. (5 salaries)	₹13 L/yr - ₹20.6 L/yr 179% more
Barclays Investment Bank Team Manager Salary 7 - 14 years exp. (8 salaries)	₹12.4 L/yr - ₹16 L/yr 128% more
Utkarsh Small Finance Bank Team Manager Salary 5 - 15 years exp. (7 salaries)	₹4.8 L/yr - ₹9 L/yr 11% more
Baroda Global Shared Services Team Manager Salary 5 - 14 years exp. (7 salaries)	₹4.4 L/yr - ₹15.3 L/yr 68% more
Jana Small Finance Bank Team Manager Salary 3 - 10 years exp. (6 salaries)	₹1.7 L/yr - ₹6.5 L/yr 39% less
Ujjivan Small Finance Bank Team Manager Salary 6 - 11 years exp. (7 salaries)	₹6.3 L/yr - ₹21 L/yr 131% more
Bank of Baroda Team Manager Salary 5 - 11 years exp. (5 salaries)	₹14 L/yr - ₹16 L/yr 149% more
South Indian Bank Team Manager Salary 6 - 12 years exp. (4 salaries)	₹4.5 L/yr - ₹16 L/yr 108% more

View all

Team Manager salary at Kotak Mahindra Bank ranges between ₹1.7 Lakh to ₹10 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 124 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Team Manager salaries

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
1 year (7 salaries)	₹2.4 L/yr - ₹5.1 L/yr
2 years (6 salaries)	₹2.8 L/yr - ₹7.8 L/yr
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3 years (15 salaries)	₹1.7 L/yr - ₹8 L/yr
4 years (13 salaries)	₹1.9 L/yr - ₹9.1 L/yr
5 years (19 salaries)	₹1.9 L/yr - ₹9.6 L/yr
6 years (10 salaries)	₹2.2 L/yr - ₹9.3 L/yr
7 years (10 salaries)	₹3.5 L/yr - ₹9.3 L/yr
8 years (15 salaries)	₹2.2 L/yr - ₹11 L/yr
9 years (7 salaries)	₹4.8 L/yr - ₹10 L/yr
10 years (5 salaries)	₹7 L/yr - ₹12 L/yr
11 years (4 salaries)	₹3 L/yr - ₹13.6 L/yr
12 years (8 salaries)	₹3.2 L/yr - ₹9.5 L/yr
13 years (3 salaries)	₹7.5 L/yr - ₹11 L/yr
14 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹11 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Area Manager Salary

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₹7.03 L/yr - ₹27.02 L/yr

Program Manager Salary

(10 salaries)

₹7 L/yr - ₹20 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Branch Manager Salary

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₹7 L/yr - ₹25.56 L/yr

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8.5 L/yr

Team Lead Salary

(408 salaries)

₹1.5 L/yr - ₹6.8 L/yr

Project Manager Salary

(64 salaries)

₹6.24 L/yr - ₹23.98 L/yr

Department Manager Salary

(11 salaries)

₹2.8 L/yr - ₹4.92 L/yr

Cluster Manager Salary

(63 salaries)

₹3.95 L/yr - ₹16.24 L/yr

Operations Manager Salary

(255 salaries)

₹2.63 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 33 employees for salary & benefits

Deputy Branch Manager in Ahmedabad

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.

Salary - Poor

+4 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

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

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

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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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 ₹10.0 Lakhs for experience between 1 years to 14 years. According to our estimates it is 62% less than the average Team Manager Salary in India. Salary estimates are based on 124 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 62% 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
Ujjivan Small Finance Bank Team Manager Salary - ₹6.3 Lakhs to ₹21.0 Lakhs per year

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

Barclays Investment Bank Team Manager Salary - ₹12.4 Lakhs to ₹16.0 Lakhs per year
Karur Vysya Bank Team Manager Salary - ₹9.8 Lakhs to ₹17.0 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 ₹44,718 per month to ₹45,813 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 ₹10.0 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, 55% of the Kotak Mahindra Bank Team Managers reported a notice period of 1 Month, 28% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 64 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Team Manager Salaries

Kotak Mahindra Bank Team Manager salary in India ranges between ₹1.7 Lakh to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 124 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.