Upload Button Icon Add office photos
filter salariesFilter salaries by

Kotak Mahindra Bank Wealth Manager salaries in India (Updated 2025)

Annual salary range
2 - 11 years exp.
₹5.5 Lakhs - ₹13 Lakhs
Salary of majority employees
unlock blur
unlock blur

12% more than the average Wealth Manager Salary in Banking Companies for 2 - 11 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Wealth Manager Salary
2 - 11 years exp. (9 salaries)
unlock-blur

₹5.5 L/yr - ₹13 L/yr

Construction & Site Engineering
Wealth Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
unlock-blur

₹7.2 L/yr - ₹11 L/yr

Sales & Business Development
Wealth Manager Salary
3 years exp. (AmbitionBox Estimate)
unlock-blur

₹9 L/yr - ₹10.5 L/yr

Last Updated: 17 Mar 2025

Companies similar to Kotak Mahindra Bank for Wealth Manager

Company name Avg Annual Salary Open Jobs
Logo
ICICI Bank Wealth Manager Salary

0 - 13 years exp. (974 salaries)

unlock blur

₹3.5 L/yr - ₹12.4 L/yr

arrow icon 2% less
Logo
Bank of Baroda Wealth Manager Salary

4 - 9 years exp. (75 salaries)

unlock blur

₹4.2 L/yr - ₹13 L/yr

arrow icon 6% less
Logo
IDFC FIRST Bank Wealth Manager Salary

0 - 10 years exp. (52 salaries)

unlock blur

₹6 L/yr - ₹14.9 L/yr

arrow icon 7% more
Logo
HDFC Bank Wealth Manager Salary

0 - 3 years exp. (42 salaries)

unlock blur

₹7.5 L/yr - ₹23 L/yr

arrow icon 63% more
Logo
IndusInd Bank Wealth Manager Salary

5 - 16 years exp. (38 salaries)

unlock blur

₹7 L/yr - ₹22.1 L/yr

arrow icon 64% more
Logo
Yes Bank Wealth Manager Salary

2 - 14 years exp. (19 salaries)

unlock blur

₹5.5 L/yr - ₹14.4 L/yr

arrow icon 31% more
Logo
Axis Bank Wealth Manager Salary

3 - 11 years exp. (20 salaries)

unlock blur

₹7.5 L/yr - ₹13.5 L/yr

arrow icon 17% more
Logo
Federal Bank Wealth Manager Salary

8 - 10 years exp. (4 salaries)

unlock blur

₹18 L/yr - ₹20 L/yr

arrow icon 128% more
Logo
RBL Bank Wealth Manager Salary

7 - 9 years exp. (3 salaries)

unlock blur

₹10 L/yr - ₹10.4 L/yr

arrow icon 22% more
Wealth Manager salary at Kotak Mahindra Bank ranges between ₹5.5 Lakhs to ₹13 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Wealth Manager

3d ago
avg blur mobile
10 years exp.
1mo ago
avg blur mobile
9 years exp.
9mo ago
avg blur mobile
6 years exp.
9mo ago
avg blur mobile
10 years exp.
1y ago
avg blur mobile
5 years exp.
1y ago
avg blur mobile
8 years exp.
1y ago
avg blur mobile
3 years exp.
1y ago
avg blur mobile
9 years exp.

Experience wise Kotak Mahindra Bank Wealth Manager salaries

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
2 years  (3 salaries)

unlock blur

₹5.5 L/yr - ₹14.3 L/yr
3 years  (3 salaries)

unlock blur

₹6 L/yr - ₹10.5 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹8 L/yr - ₹14.6 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹6 L/yr - ₹14.7 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹3.3 L/yr - ₹12 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Branch Manager Salary
(1k salaries)
unlock blur
₹7 L/yr - ₹26 L/yr
Deputy Manager Salary
(11.3k salaries)
unlock blur
₹1.65 L/yr - ₹8.5 L/yr
Sales Manager Salary
(868 salaries)
unlock blur
₹2.04 L/yr - ₹10 L/yr
Area Manager Salary
(95 salaries)
unlock blur
₹7 L/yr - ₹26.6 L/yr
Chief Manager Salary
(814 salaries)
unlock blur
₹8.95 L/yr - ₹30.8 L/yr
unlock blur
₹13 L/yr - ₹17 L/yr
Private Banker Salary
(5 salaries)
unlock blur
₹18 L/yr - ₹44.74 L/yr
unlock blur
₹1.5 L/yr - ₹10 L/yr
Branch Head Salary
(276 salaries)
unlock blur
₹7.9 L/yr - ₹25 L/yr
unlock blur
₹3 L/yr - ₹11.3 L/yr

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 1 employees for salary & benefits

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +3 more

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.

read more
  • Salary - Bad

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.

read more
  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more

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.

read more
  • 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.

read more
  • Work satisfaction - Bad
  • +2 more

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.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Kotak Mahindra Bank Wealth Manager Salary FAQs

What is the salary of Wealth Manager at Kotak Mahindra Bank ?
The average salary of a Wealth Manager at Kotak Mahindra Bank in India typically ranges from ₹5.5 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Wealth Manager at Kotak Mahindra Bank earn more than ₹11.9 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Wealth 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 10+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Wealth Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Wealth Manager at Kotak Mahindra Bank in India typically ranges from ₹60,819 to ₹62,359 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 2 years 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 10+ 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 Wealth Manager in India?
Federal Bank ₹18.0 Lakhs to ₹20.0 Lakhs per year
IndusInd Bank ₹7.0 Lakhs to ₹22.1 Lakhs per year
HDFC Bank ₹7.5 Lakhs to ₹23.0 Lakhs per year
Yes Bank ₹5.5 Lakhs to ₹14.4 Lakhs per year
RBL Bank ₹10.0 Lakhs to ₹10.4 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 Wealth Manager in companies similar to Kotak Mahindra Bank in India?
The salary of a Wealth 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:

Axis Bank ₹7.5 Lakhs to ₹13.5 Lakhs per year
IDFC FIRST Bank ₹6.0 Lakhs to ₹14.9 Lakhs per year
ICICI Bank ₹3.5 Lakhs to ₹12.4 Lakhs per year
Bank of Baroda ₹4.2 Lakhs to ₹13.0 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 Wealth Manager at Kotak Mahindra Bank in India?
The salary growth for a Wealth Manager at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Wealth Manager can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
2 years ₹5.5 Lakhs to ₹14.3 Lakhs per year
3 years ₹6.0 Lakhs to ₹10.5 Lakhs per year
4 years ₹8.0 Lakhs to ₹14.6 Lakhs per year
5 years ₹6.0 Lakhs to ₹14.7 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Wealth Manager salary in India ranges between ₹5.5 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.