Kotak Mahindra Bank Unit Manager Salaries by 7 Employees (Updated 2025)

0 - 11 years exp.

₹1.7 Lakh - ₹7.5 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Unit Manager Salary in Banking Companies for 0 - 11 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Unit Manager Salary 6 - 10 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹3.3 L/yr
Login to view exact salary
Sales & Business Development Unit Manager Salary 6 - 11 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.8 L/yr

Last Updated: 5 Mar 2025

Companies similar to Kotak Mahindra Bank for Unit Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Unit Manager Salary 2 - 13 years exp. (217 salaries)	₹3.5 L/yr - ₹10.5 L/yr 94% more
Axis Bank Unit Manager Salary 7 - 16 years exp. (54 salaries)	₹5.8 L/yr - ₹12.7 L/yr 147% more	1 job opening
Login to view exact salary
State Bank of India Unit Manager Salary 0 - 12 years exp. (5 salaries)	₹2.4 L/yr - ₹3 L/yr 28% less
IndusInd Bank Unit Manager Salary 6 - 11 years exp. (3 salaries)	₹4.5 L/yr - ₹9 L/yr 54% more
Yes Bank Unit Manager Salary 10 - 16 years exp. (7 salaries)	₹7 L/yr - ₹14.2 L/yr 176% more
IDFC FIRST Bank Unit Manager Salary 7 - 17 years exp. (7 salaries)	₹14 L/yr - ₹18 L/yr 270% more
RBL Bank Unit Manager Salary 6 - 13 years exp. (6 salaries)	₹4.2 L/yr - ₹6.9 L/yr 77% more
Bandhan Bank Unit Manager Salary 2 - 11 years exp. (15 salaries)	₹2.1 L/yr - ₹4.4 L/yr 11% less
Jana Small Finance Bank Unit Manager Salary 5 - 14 years exp. (4 salaries)	₹2.9 L/yr - ₹9.5 L/yr 45% more

Unit Manager salary at Kotak Mahindra Bank ranges between ₹1.7 Lakh to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Unit Manager salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹5 L/yr
1 year (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
6 years (3 salaries)	₹1.7 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
10 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹7.5 L/yr
11 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹7.1 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8.5 L/yr

Associate Vice President Salary

(1.5k salaries)

₹9.7 L/yr - ₹36 L/yr

Junior Associate Salary

(858 salaries)

₹1 L/yr - ₹4 L/yr

Chief Manager Salary

(813 salaries)

₹8.95 L/yr - ₹28.19 L/yr

Sales Executive Salary

(796 salaries)

₹1 L/yr - ₹5 L/yr

Assistant Acquisition Manager Salary

(750 salaries)

₹1.45 L/yr - ₹4.5 L/yr

Relationship Officer Salary

(666 salaries)

₹2 L/yr - ₹6.5 L/yr

Product Manager Salary

(601 salaries)

₹6.11 L/yr - ₹24.78 L/yr

Team Lead Salary

(422 salaries)

₹1.5 L/yr - ₹6.76 L/yr

Business Analyst Salary

(308 salaries)

₹4.53 L/yr - ₹19 L/yr

Salary related reviews for Kotak Mahindra Bank

Deputy Manager Operations in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 19 Nov 2024

2.0

for Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

Salary - Poor

+4 more

Junior Associate in Thane

Full Time

Other Department

5.0

• posted on 12 Nov 2024

5.0

for Salary and Benefits

Likes

62% of Kotak Mahindra Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Kotak Mahindra Bank 3.3 out of 5 for work life balance, 3.5 for culture and values and 3.6 for career opportunities.

Salary - Excellent

+6 more

Dislikes

Some say there is no work-life balance, and that employees work long hours, including on holidays Salary: Some say that salaries are low Management: Some say that management is bad and that rules are not followed Company politics: Some say that company politics and policies are an issue Targets: Some say that targets are high, but the services are not good Working culture: Some say that the working culture is not good

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

Job security - Excellent

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

Salary - Bad

+5 more

Junior Associate in Coimbatore

Full Time

Sales & Business Development Department

3.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

I'm working from kotak 2021to still, it's more comfortable office to me with supportive team and management

Skill development - Excellent

+3 more

Dislikes

Actually I'm working at kotak for past 3 years when I join here my salary monthly 12000 , 3 years gone and also march 2023 I got promotion as a team leader, I given good support to my team also given good business but still I didn't get hike and 12000 only I'm getting. So i need salary improvement for my effective work and do the needful

Salary - Bad

+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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

an assistant manager

With online education becoming more popular, many professionals are opting for an Online MBA instead of a traditional one. But does it really offer the same value? Some key questions to consider: •Does it provide the same career opportunities and salary boost as a regular MBA? •How do employers view online MBAs compared to full-time programs? •Are the networking and learning experiences just as effective? •Is the cost justified by the return on investment? If you’ve completed or are considering an Online MBA, I’d love to hear your thoughts! Was it worth it for you? Why or why not? Let’s discuss!

Is an Online MBA Really Worth It?

Yes

Can be, if properly planned

18 participants . expiring in 13h

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Unit Manager Salary FAQs

What is the salary of Unit Manager at Kotak Mahindra Bank ?

The average salary of a Unit Manager at Kotak Mahindra Bank in India typically ranges from ₹1.7 Lakhs to ₹7.5 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Unit Manager at Kotak Mahindra Bank earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Unit 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 7 Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Unit Manager at Kotak Mahindra Bank in India typically ranges from ₹28,622 to ₹30,007 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from Fresher to 11 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 7 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 Unit Manager in India?

IDFC FIRST Bank	₹14.0 Lakhs to ₹18.0 Lakhs per year
Yes Bank	₹7.0 Lakhs to ₹14.2 Lakhs per year
Axis Bank	₹5.8 Lakhs to ₹12.7 Lakhs per year
ICICI Bank	₹3.5 Lakhs to ₹10.5 Lakhs per year
RBL Bank	₹4.2 Lakhs to ₹6.9 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 Unit Manager in companies similar to Kotak Mahindra Bank in India?

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

IndusInd Bank	₹4.5 Lakhs to ₹9.0 Lakhs per year
Jana Small Finance Bank	₹2.9 Lakhs to ₹9.5 Lakhs per year
Bandhan Bank	₹2.1 Lakhs to ₹4.4 Lakhs per year
State Bank of India	₹2.4 Lakhs to ₹3.0 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 Unit Manager at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
Fresher	₹1.5 Lakhs to ₹5.0 Lakhs per year
1 year	₹3.5 Lakhs to ₹4.4 Lakhs per year
2 years	₹3.5 Lakhs to ₹4.4 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.4 Lakhs per year

and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Unit Manager Salaries by Location

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Unit Manager Salaries

Kotak Mahindra Bank Unit Manager salary in India ranges between ₹1.7 Lakh to ₹7.5 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.