Kotak Mahindra Bank Trade and Forex Manager Salaries by 7 Employees (Updated 2024)

4 - 6 years exp.

₹4.5 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

28% 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
Sales & Business Development Trade and Forex Manager Salary 6 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹8 L/yr
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Procurement & Supply Chain Trade and Forex Manager Salary 4 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 1 Sep 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 0 - 12 years exp. (24 salaries)	₹5 L/yr - ₹14 L/yr 58% more
ICICI Bank Trade and Forex Manager Salary 0 - 11 years exp. (12 salaries)	₹3.9 L/yr - ₹11 L/yr 33% more
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Axis Bank Trade and Forex Manager Salary 1 - 10 years exp. (12 salaries)	₹4.5 L/yr - ₹11 L/yr 28% more
IndusInd Bank Trade and Forex Manager Salary 3 - 7 years exp. (6 salaries)	₹7.3 L/yr - ₹8.5 L/yr 26% more
IDFC FIRST Bank Trade and Forex Manager Salary 2 - 9 years exp. (6 salaries)	₹5.8 L/yr - ₹14 L/yr 54% more

Trade and Forex Manager salary at Kotak Mahindra Bank ranges between ₹4.5 Lakhs to ₹8 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Trade and Forex Manager salaries

Last Updated: 1 Sep 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.6 L/yr
5 years (3 salaries)	₹5.4 L/yr - ₹6.6 L/yr
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6 years (AmbitionBox Estimate)	₹7 L/yr - ₹8 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Trade Sales Manager Salary

(8 salaries)

₹5.5 L/yr - ₹8.5 L/yr

Trade Desk Manager Salary

(8 salaries)

₹2.48 L/yr - ₹7.2 L/yr

Forex Manager Salary

(6 salaries)

₹5 L/yr - ₹8 L/yr

Trade Relationship Manager Salary

(154 salaries)

₹3 L/yr - ₹8.95 L/yr

Operations Manager Salary

(252 salaries)

₹2 L/yr - ₹11.2 L/yr

Branch Manager Salary

(1k salaries)

₹6.83 L/yr - ₹25.56 L/yr

Relationship Manager Salary

(2.4k salaries)

₹1.5 L/yr - ₹10.02 L/yr

Sales Manager Salary

(766 salaries)

₹1.2 L/yr - ₹11 L/yr

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8 L/yr

Chief Manager Salary

(1k salaries)

₹8.15 L/yr - ₹28.46 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

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

Associate Vice President in Nashik

Full Time

Sales & Business Development Department

5.0

• posted on 22 Nov 2024

2.0

for Salary and Benefits

Likes

Kotak Mahindra Bank is such wonderful Bank to work. Bank having very good peocess and system.

Dislikes

...nd so many people act like they are running bank business like proprietary firm. Need to be appreciated the true hard working employee with salary increments as well.

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

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

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

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.

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.

Dislikes

Salary, promortion - these are the worst over here.

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What people are saying about Kotak Mahindra Bank

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

4 participants . expiring in 5d

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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 ₹4.5 Lakhs to ₹8.0 Lakhs for experience between 4 years to 6 years. According to our estimates it is 28% less than the average Trade and Forex Manager Salary in India. Salary estimates are based on 7 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 28% 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?

HDFC Bank Trade and Forex Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
IDFC FIRST Bank Trade and Forex Manager Salary - ₹5.8 Lakhs to ₹14.0 Lakhs per year
ICICI Bank Trade and Forex Manager Salary - ₹3.9 Lakhs to ₹11.0 Lakhs per year
Axis Bank Trade and Forex Manager Salary - ₹4.5 Lakhs to ₹11.0 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 ₹44,818 per month to ₹45,912 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 ₹4.5 Lakhs to ₹8.0 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 ₹4.5 Lakhs to ₹8 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.