Kotak Mahindra Bank Trade and Forex Manager Salaries by 4 Employees (Updated 2025)

4 - 6 years exp.

₹5.6 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

25% less than the average Trade and Forex Manager Salary in Banking Companies for 4 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Trade and Forex Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹6.6 L/yr
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Sales & Business Development Trade and Forex Manager Salary 6 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹7 L/yr

Last Updated: 25 Jul 2023

Companies similar to Kotak Mahindra Bank for Trade and Forex Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Trade and Forex Manager Salary 2 - 13 years exp. (22 salaries)	₹5 L/yr - ₹14 L/yr 68% more
ICICI Bank Trade and Forex Manager Salary 0 - 16 years exp. (14 salaries)	₹3.9 L/yr - ₹12.6 L/yr 33% more
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Axis Bank Trade and Forex Manager Salary 1 - 15 years exp. (16 salaries)	₹4 L/yr - ₹13 L/yr 31% more
IndusInd Bank Trade and Forex Manager Salary 3 - 7 years exp. (6 salaries)	₹7.3 L/yr - ₹8.5 L/yr 21% more
IDFC FIRST Bank Trade and Forex Manager Salary 2 - 16 years exp. (7 salaries)	₹5.8 L/yr - ₹15.3 L/yr 91% more

Trade and Forex Manager salary at Kotak Mahindra Bank ranges between ₹5.6 Lakhs to ₹7 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Trade and Forex Manager salaries

Last Updated: 25 Jul 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹11 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.6 L/yr
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6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Trade Sales Manager Salary

(11 salaries)

₹4.25 L/yr - ₹11.6 L/yr

Trade Desk Manager Salary

(8 salaries)

₹2.48 L/yr - ₹6.45 L/yr

Forex Manager Salary

(6 salaries)

₹5 L/yr - ₹8 L/yr

Trade Relationship Manager Salary

(148 salaries)

₹3.5 L/yr - ₹9.42 L/yr

Operations Manager Salary

(253 salaries)

₹2 L/yr - ₹10 L/yr

Branch Manager Salary

(1k salaries)

₹7 L/yr - ₹25.56 L/yr

Relationship Manager Salary

(2.3k salaries)

₹1.5 L/yr - ₹10 L/yr

Sales Manager Salary

(729 salaries)

₹2.31 L/yr - ₹10.14 L/yr

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8.4 L/yr

Chief Manager Salary

(877 salaries)

₹8.8 L/yr - ₹28 L/yr

Salary related reviews for Kotak Mahindra Bank

5.0

Rated by 1 employees for salary & benefits

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 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 Trade and Forex Manager Salary FAQs

What is the salary of Trade and Forex Manager at Kotak Mahindra Bank?

Trade and Forex Manager salary at Kotak Mahindra Bank in India ranges between ₹5.6 Lakhs to ₹7.0 Lakhs for experience between 4 years to 6 years. According to our estimates it is 25% less than the average Trade and Forex Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Trade and Forex Manager at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Trade and Forex Manager at Kotak Mahindra Bank is 25% less than the average salary of a Trade and Forex Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Trade and Forex Manager in India?

IDFC FIRST Bank Trade and Forex Manager Salary - ₹5.8 Lakhs to ₹15.3 Lakhs per year
HDFC Bank Trade and Forex Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
ICICI Bank Trade and Forex Manager Salary - ₹3.9 Lakhs to ₹12.6 Lakhs per year
Axis Bank Trade and Forex Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
IndusInd Bank Trade and Forex Manager Salary - ₹7.3 Lakhs to ₹8.5 Lakhs per year

What is the estimated take home salary of a Trade and Forex Manager at Kotak Mahindra Bank in India?

The estimated take-home salary of a Trade and Forex Manager at Kotak Mahindra Bank ranges between ₹46,689 per month to ₹47,795 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Trade and Forex Manager salary in India which ranges between ₹5.6 Lakhs to ₹7.0 Lakhs per year for employees with experience between 4 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Trade and Forex Manager at Kotak Mahindra Bank?

According to AmbitionBox, 50% of the Kotak Mahindra Bank Trade and Forex Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Trade and Forex Manager Salaries

Kotak Mahindra Bank Trade and Forex Manager salary in India ranges between ₹5.6 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.