Kotak Mahindra Bank Chennai Team Manager Salaries by 7 Employees (Updated 2025)

1 - 6 years exp.

₹1.7 Lakh - ₹7.7 Lakhs

Salary of majority employees

67% less than the average Team Manager Salary in Banking Companies for 1 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Team Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹7.5 L/yr
Sales & Business Development Team Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹7.3 L/yr
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Finance & Accounting Team Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.3 L/yr

Last Updated: 13 Jul 2024

Companies similar to Kotak Mahindra Bank for Team Manager in Chennai

Kotak Mahindra Bank Team Manager Salary

1 - 6 years exp. (7 salaries)

₹1.7 L/yr - ₹7.7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Team Manager Salary 5 - 13 years exp. (19 salaries)	₹3.6 L/yr - ₹12.9 L/yr 82% more	1 job opening
ICICI Bank Team Manager Salary 3 - 12 years exp. (4 salaries)	₹5.5 L/yr - ₹10.1 L/yr 68% more
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Axis Bank Team Manager Salary 3 - 9 years exp. (3 salaries)	₹3 L/yr - ₹10.9 L/yr 32% more
IndusInd Bank Team Manager Salary 6 - 14 years exp. (7 salaries)	₹4 L/yr - ₹9.9 L/yr 22% more
Yes Bank Team Manager Salary 5 - 12 years exp. (5 salaries)	₹5.5 L/yr - ₹12.5 L/yr 75% more
Barclays Investment Bank Team Manager Salary 7 - 14 years exp. (5 salaries)	₹12.4 L/yr - ₹16 L/yr 189% more
Jana Small Finance Bank Team Manager Salary 4 - 10 years exp. (4 salaries)	₹2.1 L/yr - ₹3.6 L/yr 27% less

Team Manager salary at Kotak Mahindra Bank ranges between ₹1.7 Lakh to ₹7.7 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Team Manager salaries in Chennai

Last Updated: 13 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.7 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6.2 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.1 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(665 salaries)

₹1.8 L/yr - ₹8 L/yr

Branch Manager Salary

(36 salaries)

₹9 L/yr - ₹20 L/yr

Team Lead Salary

(16 salaries)

₹2 L/yr - ₹6.75 L/yr

Operations Manager Salary

(6 salaries)

₹4.5 L/yr - ₹8 L/yr

Area Manager Salary

(5 salaries)

₹11 L/yr - ₹19 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

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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Kotak Mahindra Bank Team Manager Salary FAQs

What is the salary of Team Manager at Kotak Mahindra Bank Chennai?

Team Manager salary at Kotak Mahindra Bank in Chennai ranges between ₹1.7 Lakhs to ₹7.7 Lakhs for experience between 1 years to 6 years. According to our estimates it is 67% less than the average Team Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank Chennai.

How does the salary of a Team Manager at Kotak Mahindra Bank Chennai compare with the average salary range for this job?

The average salary of a Team Manager at Kotak Mahindra Bank is 67% less than the average salary of a Team Manager in Chennai. 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 Chennai.

Which similar companies are paying more than Kotak Mahindra Bank to a Team Manager in Chennai?

Barclays Investment Bank Team Manager Salary - ₹12.4 Lakhs to ₹16.0 Lakhs per year
HDFC Bank Team Manager Salary - ₹3.6 Lakhs to ₹12.9 Lakhs per year
Yes Bank Team Manager Salary - ₹5.5 Lakhs to ₹12.5 Lakhs per year
ICICI Bank Team Manager Salary - ₹5.5 Lakhs to ₹10.1 Lakhs per year
Axis Bank Team Manager Salary - ₹3.0 Lakhs to ₹10.9 Lakhs per year

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

IndusInd Bank Team Manager Salary - ₹4.0 Lakhs to ₹9.9 Lakhs per year
Jana Small Finance Bank Team Manager Salary - ₹2.1 Lakhs to ₹3.6 Lakhs per year

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

The estimated take-home salary of a Team Manager at Kotak Mahindra Bank ranges between ₹34,683 per month to ₹35,928 per month in Chennai. 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 ₹7.7 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Team Manager at Kotak Mahindra Bank in Chennai?

According to AmbitionBox, 86% of the Kotak Mahindra Bank Team Managers in Chennai reported a notice period of 1 Month, 14% reported a notice period of 2 Months.This is based on 7 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Team Manager Salaries in Chennai

Kotak Mahindra Bank Team Manager salary in Chennai ranges between ₹1.7 Lakh to ₹7.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.