Kotak Mahindra Bank Mumbai Treasury Manager Salaries by 10 Employees (Updated 2025)

0 - 13 years exp.

₹8 Lakhs - ₹12.2 Lakhs

Salary of majority employees

Fixed (88%)

₹8.2 Lakhs

Variable (12%)

₹1.2 Lakh

41% less than the average Treasury Manager Salary in Banking Companies for 0 - 13 years of experience

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Salaries in different departments

Finance & Accounting Treasury Manager Salary 2 - 13 years exp. (3 salaries)	₹8 L/yr - ₹10 L/yr
BFSI, Investments & Trading Treasury Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹9.4 L/yr
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Customer Success, Service & Operations Treasury Manager Salary Fresher (AmbitionBox Estimate)	₹9.6 L/yr - ₹10 L/yr

Last Updated: 22 Feb 2025

Companies similar to Kotak Mahindra Bank for Treasury Manager in Mumbai

Kotak Mahindra Bank Treasury Manager Salary

0 - 13 years exp. (10 salaries)

₹8 L/yr - ₹12.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Treasury Manager Salary 1 - 9 years exp. (6 salaries)	₹9 L/yr - ₹22.5 L/yr 58% more
ICICI Bank Treasury Manager Salary 1 - 11 years exp. (46 salaries)	₹6 L/yr - ₹23 L/yr 49% more
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Axis Bank Treasury Manager Salary 1 - 5 years exp. (11 salaries)	₹7 L/yr - ₹19.5 L/yr 57% more
IndusInd Bank Treasury Manager Salary 2 - 10 years exp. (3 salaries)	₹8 L/yr - ₹12 L/yr 17% more
Federal Bank Treasury Manager Salary 3 - 9 years exp. (6 salaries)	₹13.4 L/yr - ₹22 L/yr 99% more
RBL Bank Treasury Manager Salary 1 - 8 years exp. (3 salaries)	₹5.6 L/yr - ₹12.6 L/yr 15% less
Bank of Baroda Treasury Manager Salary 5 - 8 years exp. (6 salaries)	₹15 L/yr - ₹18 L/yr 73% more
Canara Bank Treasury Manager Salary 4 - 13 years exp. (3 salaries)	₹8 L/yr - ₹30 L/yr 101% more
Union Bank of India Treasury Manager Salary 6 - 8 years exp. (3 salaries)	₹8 L/yr - ₹12 L/yr 3% more
Shinhan Bank Treasury Manager Salary 6 - 8 years exp. (3 salaries)	₹11.6 L/yr - ₹14.8 L/yr 38% more

Treasury Manager salary at Kotak Mahindra Bank ranges between ₹8 Lakhs to ₹12.2 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Treasury Manager salaries in Mumbai

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.7 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)	₹3.7 L/yr - ₹12.2 L/yr
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2 years (AmbitionBox Estimate)	₹8 L/yr - ₹16.7 L/yr
3 years (AmbitionBox Estimate)	₹8 L/yr - ₹16.8 L/yr
4 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
5 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
6 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
7 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
8 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
9 years (3 salaries)	₹9 L/yr - ₹16.9 L/yr
10 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
12 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
13 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10 L/yr

View all

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Salary related reviews for Kotak Mahindra Bank

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

Deputy Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2024

2.0

for Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Job security - Good

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

Salary - Poor

+4 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 Treasury Manager Salary FAQs

What is the salary of Treasury Manager at Kotak Mahindra Bank Mumbai?

Treasury Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹8.0 Lakhs to ₹12.2 Lakhs for less than 1 year of experience to 13 years. According to our estimates it is 41% less than the average Treasury Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Treasury Manager at Kotak Mahindra Bank is 41% less than the average salary of a Treasury Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Treasury Manager in Mumbai?

Canara Bank Treasury Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
Federal Bank Treasury Manager Salary - ₹13.4 Lakhs to ₹22.0 Lakhs per year
Bank of Baroda Treasury Manager Salary - ₹15.0 Lakhs to ₹18.0 Lakhs per year
HDFC Bank Treasury Manager Salary - ₹9.0 Lakhs to ₹22.5 Lakhs per year
Axis Bank Treasury Manager Salary - ₹7.0 Lakhs to ₹19.5 Lakhs per year

What is the salary of a Treasury Manager in companies similar to Kotak Mahindra Bank in Mumbai?

ICICI Bank Treasury Manager Salary - ₹6.0 Lakhs to ₹23.0 Lakhs per year
Shinhan Bank Treasury Manager Salary - ₹11.6 Lakhs to ₹14.8 Lakhs per year
IndusInd Bank Treasury Manager Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
Union Bank of India Treasury Manager Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
RBL Bank Treasury Manager Salary - ₹5.6 Lakhs to ₹12.6 Lakhs per year

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

The estimated take-home salary of a Treasury Manager at Kotak Mahindra Bank ranges between ₹67,931 per month to ₹69,672 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Treasury Manager salary in India which ranges between ₹8.0 Lakhs to ₹12.2 Lakhs per year for employees with less than 1 year of experience to 13 years. Check how did we calculate take home salary?

What is the notice period for Treasury Manager at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 57% of the Kotak Mahindra Bank Treasury Managers in Mumbai reported a notice period of 3 Months, 43% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Treasury Manager Salaries in Mumbai

Kotak Mahindra Bank Treasury Manager salary in Mumbai ranges between ₹8 Lakhs to ₹12.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.