Kotak Mahindra Bank Unit Manager Salaries by 7 Employees (Updated 2024)

0 - 11 years exp.

₹1.7 Lakh - ₹6 Lakhs

Low Confidence

Salary of majority employees

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

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Salaries in different departments

BFSI, Investments & Trading Unit Manager Salary 6 - 10 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹3.3 L/yr
Sales & Business Development Unit Manager Salary 6 - 11 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.8 L/yr
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Customer Success, Service & Operations Unit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindra Bank for Unit Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Unit Manager Salary 1 - 12 years exp. (217 salaries)	₹3.6 L/yr - ₹12.2 L/yr 87% more
Axis Bank Unit Manager Salary 7 - 16 years exp. (54 salaries)	₹6.5 L/yr - ₹13 L/yr 153% more
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State Bank of India Unit Manager Salary 0 - 14 years exp. (6 salaries)	₹2.4 L/yr - ₹3 L/yr 27% 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. (6 salaries)	₹7 L/yr - ₹14.2 L/yr 191% more
IDFC FIRST Bank Unit Manager Salary 7 - 17 years exp. (8 salaries)	₹8 L/yr - ₹18 L/yr 258% more
RBL Bank Unit Manager Salary 6 - 13 years exp. (6 salaries)	₹4.2 L/yr - ₹6.9 L/yr 75% more
Bandhan Bank Unit Manager Salary 2 - 11 years exp. (15 salaries)	₹2.1 L/yr - ₹4.4 L/yr 11% less
Standard Chartered Unit Manager Salary 14 - 19 years exp. (6 salaries)	₹12.9 L/yr - ₹16.6 L/yr 294% more
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 ₹6 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: 16 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5 L/yr - ₹9.1 L/yr
1 year (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.6 L/yr
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2 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹6 L/yr
6 years (3 salaries)	₹1.7 L/yr - ₹3.8 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
9 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
10 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.3 L/yr
11 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.1 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

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(11.3k salaries)

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Relationship Officer Salary

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₹1.88 L/yr - ₹6.5 L/yr

Product Manager Salary

(547 salaries)

₹6.41 L/yr - ₹25 L/yr

Team Lead Salary

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₹1.5 L/yr - ₹6.88 L/yr

Business Analyst Salary

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₹4.61 L/yr - ₹18.53 L/yr

Salary related reviews for Kotak Mahindra Bank

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.

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

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

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

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

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

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.

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.

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What people are saying about Kotak Mahindra Bank

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

3 participants . expiring in 2w

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Kotak Mahindra Bank Unit Manager Salary FAQs

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

Unit Manager salary at Kotak Mahindra Bank in India ranges between ₹1.7 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 36% less than the average Unit Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Unit Manager at Kotak Mahindra Bank is 36% less than the average salary of a Unit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Unit Manager in India?

Standard Chartered Unit Manager Salary - ₹12.9 Lakhs to ₹16.6 Lakhs per year
IDFC FIRST Bank Unit Manager Salary - ₹8.0 Lakhs to ₹18.0 Lakhs per year
Yes Bank Unit Manager Salary - ₹7.0 Lakhs to ₹14.2 Lakhs per year
Axis Bank Unit Manager Salary - ₹6.5 Lakhs to ₹13.0 Lakhs per year
ICICI Bank Unit Manager Salary - ₹3.6 Lakhs to ₹12.2 Lakhs per year

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

RBL Bank Unit Manager Salary - ₹4.2 Lakhs to ₹6.9 Lakhs per year
IndusInd Bank Unit Manager Salary - ₹4.5 Lakhs to ₹9.0 Lakhs per year
Jana Small Finance Bank Unit Manager Salary - ₹2.9 Lakhs to ₹9.5 Lakhs per year
Bandhan Bank Unit Manager Salary - ₹2.1 Lakhs to ₹4.4 Lakhs per year
State Bank of India Unit Manager Salary - ₹2.4 Lakhs to ₹3.0 Lakhs per year

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 ranges between ₹28,612 per month to ₹29,997 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Unit Manager salary in India which ranges between ₹1.7 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

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Kotak Mahindra Bank Unit Manager Salaries

Kotak Mahindra Bank Unit Manager salary in India ranges between ₹1.7 Lakh to ₹6 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.

Kotak Mahindra Bank Unit Manager salaries in India

Companies similar to Kotak Mahindra Bank for Unit Manager

Latest annual salaries shared by Kotak Mahindra Bank Unit Manager

Experience wise Kotak Mahindra Bank Unit Manager salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Junior Associate in Thane

Operations Manager in Goregaon

Junior Associate in Coimbatore

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Kotak Mahindra Bank Unit Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Unit Manager Salaries by Location