Kotak Mahindra Bank Mumbai Unit Head Salaries by 3 Employees (Updated 2025)

20 - 22 years exp.

₹15.8 Lakhs - ₹30 Lakhs

Low Confidence

Salary of majority employees

58% more than the average Unit Head Salary in Banking Companies for 20 - 22 years of experience

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Last Updated: 7 Feb 2024

Companies similar to Kotak Mahindra Bank for Unit Head in Mumbai

Kotak Mahindra Bank Unit Head Salary

20 - 22 years exp. (3 salaries)

₹15.8 L/yr - ₹30 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Unit Head Salary 12 - 19 years exp. (8 salaries)	₹13 L/yr - ₹40 L/yr 27% more
ICICI Bank Unit Head Salary 8 - 20 years exp. (9 salaries)	₹7 L/yr - ₹16.4 L/yr 34% less
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Axis Bank Unit Head Salary 6 - 15 years exp. (18 salaries)	₹6 L/yr - ₹17 L/yr 41% less
Yes Bank Unit Head Salary 6 - 17 years exp. (5 salaries)	₹9.5 L/yr - ₹18 L/yr 25% less
Wellspring Healthcare Unit Head Salary 4 - 15 years exp. (13 salaries)	₹4.3 L/yr - ₹6.4 L/yr 71% less

Unit Head salary at Kotak Mahindra Bank ranges between ₹15.8 Lakhs to ₹30 Lakhs per year for employees with experience between 20 years to 22 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Unit Head salaries in Mumbai

Last Updated: 7 Feb 2024

Experience	Avg Annual Salary
15+ years (3 salaries)	₹8 L/yr - ₹30 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(3.3k salaries)

₹1.65 L/yr - ₹8 L/yr

Operations Manager Salary

(41 salaries)

₹2 L/yr - ₹12 L/yr

Production Manager Salary

(7 salaries)

₹6.25 L/yr - ₹16.35 L/yr

Director Salary

(3 salaries)

₹51 L/yr - ₹75 L/yr

Salary related reviews for Kotak Mahindra Bank

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

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.

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.

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.

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.

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.

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank Unit Head Salary FAQs

What is the notice period for Unit Head at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Unit Heads in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Unit Head Salaries in Mumbai

Kotak Mahindra Bank Unit Head salary in Mumbai ranges between ₹15.8 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.