Kotak Mahindra Bank Transaction Banking Manager Salaries by 4 Employees (Updated 2025)

3 - 9 years exp.

₹8.1 Lakhs - ₹20.5 Lakhs

Low Confidence

Salary of majority employees

21% more than the average Transaction Banking Manager Salary in Banking Companies for 3 - 9 years of experience

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Last Updated: 1 Dec 2024

Companies similar to Kotak Mahindra Bank for Transaction Banking Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Transaction Banking Manager Salary 4 - 16 years exp. (7 salaries)	₹4.9 L/yr - ₹12.3 L/yr 27% less
Login to view exact salary
Axis Bank Transaction Banking Manager Salary 5 - 9 years exp. (4 salaries)	₹7.9 L/yr - ₹12 L/yr 33% less

Transaction Banking Manager salary at Kotak Mahindra Bank ranges between ₹8.1 Lakhs to ₹20.5 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Transaction Banking Manager salaries

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
4 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹23.6 L/yr
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6 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
9 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr

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Salary related reviews for Kotak Mahindra Bank

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

Treasury Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 20 Sep 2024

2.0

for Salary and Benefits

Likes

Work life balance is good as everyone is quite relaxed towards their job.

Job security - Excellent

+2 more

Dislikes

...across the bank, limiting scope for learning and growth compared to other banks. There is a matrix for KRAs however, the ratings and appraisal, including the variable pay are subjective.

Salary - Poor

+1 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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindra Bank Transaction Banking Manager Salary FAQs

What is the salary of Transaction Banking Manager at Kotak Mahindra Bank?

Transaction Banking Manager salary at Kotak Mahindra Bank in India ranges between ₹8.1 Lakhs to ₹20.5 Lakhs for experience between 3 years to 9 years. According to our estimates it is 21% more than the average Transaction Banking 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 Transaction Banking Manager at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Transaction Banking Manager at Kotak Mahindra Bank is 21% more than the average salary of a Transaction Banking Manager in India. To know exact salary insights, login to view.

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

ICICI Bank Transaction Banking Manager Salary - ₹4.9 Lakhs to ₹12.3 Lakhs per year
Axis Bank Transaction Banking Manager Salary - ₹7.9 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Transaction Banking Manager at Kotak Mahindra Bank in India?

The estimated take-home salary of a Transaction Banking Manager at Kotak Mahindra Bank ranges between ₹99,292 per month to ₹1,01,991 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Transaction Banking Manager salary in India which ranges between ₹8.1 Lakhs to ₹20.5 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Transaction Banking Manager at Kotak Mahindra Bank?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Transaction Banking Managers 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 Transaction Banking Manager Salaries

Kotak Mahindra Bank Transaction Banking Manager salary in India ranges between ₹8.1 Lakhs to ₹20.5 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.