Kotak Mahindra Bank Mumbai Virtual Relationship Manager Salaries by 80+ Employees (Updated 2025)

0 - 6 years exp.

₹2.5 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Virtual Relationship Manager Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Virtual Relationship Manager Salary 1 - 6 years exp. (22 salaries)	₹2.5 L/yr - ₹4.5 L/yr
BFSI, Investments & Trading Virtual Relationship Manager Salary 0 - 5 years exp. (18 salaries)	₹2.5 L/yr - ₹5 L/yr
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Finance & Accounting Virtual Relationship Manager Salary 0 - 6 years exp. (17 salaries)	₹3 L/yr - ₹4.5 L/yr
Sales & Business Development Virtual Relationship Manager Salary 1 - 5 years exp. (7 salaries)	₹2.8 L/yr - ₹4.2 L/yr
Marketing & Communication Virtual Relationship Manager Salary 2 - 4 years exp. (3 salaries)	₹3.5 L/yr - ₹4.2 L/yr

Last Updated: 6 Apr 2025

Companies similar to Kotak Mahindra Bank for Virtual Relationship Manager in Mumbai

Kotak Mahindra Bank Virtual Relationship Manager Salary

0 - 6 years exp. (82 salaries)

₹2.5 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Virtual Relationship Manager Salary 0 - 10 years exp. (124 salaries)	₹2 L/yr - ₹8 L/yr 18% more	8 job openings
IDFC FIRST Bank Virtual Relationship Manager Salary 0 - 8 years exp. (85 salaries)	₹3 L/yr - ₹8.5 L/yr 39% more	1 job opening
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Yes Bank Virtual Relationship Manager Salary 0 - 5 years exp. (35 salaries)	₹1.8 L/yr - ₹4.6 L/yr 18% less
IndusInd Bank Virtual Relationship Manager Salary 0 - 8 years exp. (34 salaries)	₹2 L/yr - ₹5.5 L/yr 4% less	4 job openings
Axis Bank Virtual Relationship Manager Salary 0 - 7 years exp. (14 salaries)	₹2 L/yr - ₹6.6 L/yr 7% less	3 job openings
RBL Bank Virtual Relationship Manager Salary 0 - 3 years exp. (9 salaries)	₹2.2 L/yr - ₹3.8 L/yr 34% less
ICICI Bank Virtual Relationship Manager Salary 1 - 3 years exp. (8 salaries)	₹2.8 L/yr - ₹4.5 L/yr 13% less

Virtual Relationship Manager salary at Kotak Mahindra Bank ranges between ₹2.5 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 82 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Virtual Relationship Manager in Mumbai

5d ago

₹3 Lakhs

2 years exp.

1w ago

₹4 Lakhs

6 years exp.

1w ago

₹4 Lakhs

5 years exp.

1mo ago

₹4.2 Lakhs

3 years exp.

2mo ago

₹3 Lakhs

1 month exp.

2mo ago

4 years exp.

3mo ago

3 years exp.

3mo ago

6 years exp.

4mo ago

5 years exp.

5mo ago

5 years exp.

Experience wise Kotak Mahindra Bank Virtual Relationship Manager salaries in Mumbai

Last Updated: 6 Apr 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	₹2.5 L/yr - ₹6.7 L/yr
1 year (7 salaries)	₹2.8 L/yr - ₹4 L/yr
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2 years (16 salaries)	₹2.8 L/yr - ₹4.3 L/yr
3 years (18 salaries)	₹2.5 L/yr - ₹4.3 L/yr
4 years (20 salaries)	₹3 L/yr - ₹5 L/yr
5 years (14 salaries)	₹3 L/yr - ₹4.8 L/yr
6 years (3 salaries)	₹4 L/yr - ₹4.5 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(3.4k salaries)

₹1.65 L/yr - ₹8.2 L/yr

Relationship Manager Salary

(459 salaries)

₹1.8 L/yr - ₹10 L/yr

Branch Manager Salary

(143 salaries)

₹10 L/yr - ₹30 L/yr

Sales Manager Salary

(132 salaries)

₹1.8 L/yr - ₹10.7 L/yr

Operations Executive Salary

(108 salaries)

₹1.05 L/yr - ₹4 L/yr

Operations Manager Salary

(39 salaries)

₹2.95 L/yr - ₹12 L/yr

Customer Relationship Manager Salary

(10 salaries)

₹2 L/yr - ₹5.6 L/yr

Business Development Manager Salary

(5 salaries)

₹1.5 L/yr - ₹10.81 L/yr

Top skills at Kotak Mahindra Bank for Virtual Relationship Manager

Telesales Selling Telesales Selling Outbound Sales Telecalling Outbound Calling Outbound Sales Outbound Cross Selling Communication Skills Calling Sales Banking Sales Sales

Salary related reviews for Kotak Mahindra Bank

2.4

Rated by 4 employees for salary & benefits

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

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

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.

Work-life balance - Good

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.

Skill development - Poor

+1 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

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 Virtual Relationship Manager Salary FAQs

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

The average salary of a Virtual Relationship Manager at Kotak Mahindra Bank in Mumbai typically ranges from ₹2.5 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Virtual Relationship Manager in Mumbai at Kotak Mahindra Bank earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.9 Lakhs per year. Virtual Relationship 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 80+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Virtual Relationship Manager at Kotak Mahindra Bank in Mumbai typically ranges from ₹28,991 to ₹30,370 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 6 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 80+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Virtual Relationship Manager at Kotak Mahindra Bank in Mumbai?

To be a Virtual Relationship Manager at Kotak Mahindra Bank in Mumbai, the key skills required include:

- Telesales
- Selling
- Telesales
- Selling
- Outbound Sales

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

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

IDFC FIRST Bank	₹3.0 Lakhs to ₹8.5 Lakhs per year
HDFC Bank	₹2.0 Lakhs to ₹8.0 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 Virtual Relationship Manager in companies similar to Kotak Mahindra Bank in Mumbai?

The salary of a Virtual Relationship 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:

IndusInd Bank	₹2.0 Lakhs to ₹5.5 Lakhs per year
Axis Bank	₹2.0 Lakhs to ₹6.6 Lakhs per year
ICICI Bank	₹2.8 Lakhs to ₹4.5 Lakhs per year
Yes Bank	₹1.8 Lakhs to ₹4.6 Lakhs per year
RBL Bank	₹2.2 Lakhs to ₹3.8 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 Virtual Relationship Manager at Kotak Mahindra Bank in Mumbai?

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

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹6.7 Lakhs per year
1 year	₹2.8 Lakhs to ₹4.0 Lakhs per year
2 years	₹2.8 Lakhs to ₹4.3 Lakhs per year
3 years	₹2.5 Lakhs to ₹4.3 Lakhs per year

and so on.

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Kotak Mahindra Bank Virtual Relationship Manager Salaries in Mumbai

Kotak Mahindra Bank Virtual Relationship Manager salary in Mumbai ranges between ₹2.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 82 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Virtual Relationship Manager salaries in Mumbai (Updated 2025)

Companies similar to Kotak Mahindra Bank for Virtual Relationship Manager in Mumbai

Latest annual salaries shared by Kotak Mahindra Bank Virtual Relationship Manager in Mumbai

Experience wise Kotak Mahindra Bank Virtual Relationship Manager salaries in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Virtual Relationship Manager

Salary related reviews for Kotak Mahindra Bank

Operations Manager in Goregaon

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Kotak Mahindra Bank Virtual Relationship Manager Salary FAQs

Tell us how to improve this page.