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

0 - 13 years exp.

₹8 Lakhs - ₹12.2 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

42% 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
ICICI Bank Treasury Manager Salary 1 - 5 years exp. (35 salaries)	₹7.2 L/yr - ₹22 L/yr 45% more
HDFC Bank Treasury Manager Salary 1 - 9 years exp. (6 salaries)	₹9 L/yr - ₹22.5 L/yr 68% more
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Federal Bank Treasury Manager Salary 3 - 9 years exp. (6 salaries)	₹13.4 L/yr - ₹22 L/yr 99% more
Bank of Baroda Treasury Manager Salary 5 - 8 years exp. (6 salaries)	₹15 L/yr - ₹18 L/yr 73% more
Axis Bank Treasury Manager Salary 2 - 5 years exp. (6 salaries)	₹10.1 L/yr - ₹38.6 L/yr 160% more
IndusInd Bank Treasury Manager Salary 2 - 10 years exp. (3 salaries)	₹8 L/yr - ₹12 L/yr 23% more
Canara Bank Treasury Manager Salary 4 - 13 years exp. (3 salaries)	₹8 L/yr - ₹30 L/yr 101% more
RBL Bank Treasury Manager Salary 1 - 8 years exp. (3 salaries)	₹5.6 L/yr - ₹12.6 L/yr 15% less
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.

Latest annual salaries shared by Kotak Mahindra Bank Treasury Manager in Mumbai

1mo ago

₹8 Lakhs

3 years exp.

1mo ago

₹10 Lakhs

10 years exp.

6mo ago

₹9 Lakhs

9 years exp.

8mo ago

₹8 Lakhs

2 years exp.

1y ago

₹9 Lakhs

9 years exp.

1y ago

4 months exp.

1y ago

9 years exp.

1y ago

1 year exp.

1y ago

13 years exp.

1y ago

2 years exp.

Experience wise Kotak Mahindra Bank Treasury Manager salaries in Mumbai

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
1 year (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
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2 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
3 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 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)	₹8.5 L/yr - ₹10.8 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)	₹8.5 L/yr - ₹10.8 L/yr

View all

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₹1.8 L/yr - ₹10 L/yr

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₹7.5 L/yr - ₹30 L/yr

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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

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+2 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

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a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Treasury Manager Salary FAQs

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

The average salary of a Treasury Manager at Kotak Mahindra Bank in Mumbai typically ranges from ₹8.0 Lakhs to ₹12.2 Lakhs per year, depending on experience (from Fresher to 13 years).

The top 10% of Treasury Manager in Mumbai at Kotak Mahindra Bank earn more than ₹11.1 Lakhs per year, and the top 1% earn over ₹12.2 Lakhs per year. Treasury Manager Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10 Kotak Mahindra Bank employees in India.

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 in Mumbai typically ranges from ₹67,931 to ₹69,672 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹12.2 Lakhs per year for employees with experience ranging from Fresher to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Mahindra Bank for Treasury Manager in India?

Axis Bank	₹10.1 Lakhs to ₹38.6 Lakhs per year
Canara Bank	₹8.0 Lakhs to ₹30.0 Lakhs per year
Federal Bank	₹13.4 Lakhs to ₹22.0 Lakhs per year
Bank of Baroda	₹15.0 Lakhs to ₹18.0 Lakhs per year
HDFC Bank	₹9.0 Lakhs to ₹22.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.

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

The salary of a Treasury Manager at companies similar to Kotak Mahindra Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank	₹7.2 Lakhs to ₹22.0 Lakhs per year
Shinhan Bank	₹11.6 Lakhs to ₹14.8 Lakhs per year
IndusInd Bank	₹8.0 Lakhs to ₹12.0 Lakhs per year
Union Bank of India	₹8.0 Lakhs to ₹12.0 Lakhs per year
RBL Bank	₹5.6 Lakhs to ₹12.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Treasury Manager at Kotak Mahindra Bank in Mumbai?

The salary growth for a Treasury Manager at Kotak Mahindra Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Treasury Manager in Mumbai can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
Fresher	₹8.4 Lakhs to ₹10.7 Lakhs per year
1 year	₹8.4 Lakhs to ₹10.7 Lakhs per year
2 years	₹8.4 Lakhs to ₹10.7 Lakhs per year
3 years	₹8.4 Lakhs to ₹10.7 Lakhs per year

and so on.

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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.