Kotak Mahindra Bank Thane VRM Salaries by 4 Employees (Updated 2025)

1 - 3 years exp.

₹3 Lakhs - ₹3.5 Lakhs

Salary of majority employees

At par with the average VRM Salary in Banking Companies for 1 - 3 years of experience

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Last Updated: 14 Aug 2024

VRM salary at Kotak Mahindra Bank ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank VRM salaries in Thane

Last Updated: 14 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.1 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.5 L/yr

Salary related reviews for Kotak Mahindra Bank

Principal Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 27 Dec 2024

2.0

for Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

Salary - Poor

+4 more

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Salary - Good

+1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Skill development - Bad

+3 more

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

Salary - Poor

+4 more

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

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Kotak Mahindra Bank VRM Salary FAQs

What is the salary of VRM at Kotak Mahindra Bank Thane?

VRM salary at Kotak Mahindra Bank in Thane ranges between ₹3.0 Lakhs to ₹3.5 Lakhs for experience between 1 years to 3 years. According to our estimates it is 3% more than the average VRM Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank Thane.

How does the salary of a VRM at Kotak Mahindra Bank Thane compare with the average salary range for this job?

The average salary of a VRM at Kotak Mahindra Bank is 3% more than the average salary of a VRM in Thane. To know exact salary insights, login to view.

What is the estimated take home salary of a VRM at Kotak Mahindra Bank in Thane?

The estimated take-home salary of a VRM at Kotak Mahindra Bank ranges between ₹24,627 per month to ₹26,071 per month in Thane. The take-home salary calculation is based on the average Kotak Mahindra Bank VRM salary in India which ranges between ₹3.0 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for VRM at Kotak Mahindra Bank in Thane?

According to AmbitionBox, 50% of the Kotak Mahindra Bank VRMs in Thane reported a notice period of 1 Month, 50% 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 VRM Salaries in Thane

Kotak Mahindra Bank VRM salary in Thane ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.