Kotak Mahindra Bank Bangalore / Bengaluru Wealth Manager Salaries by 8 Employees

2 - 10 years exp.

₹5.5 Lakhs - ₹13 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Wealth Manager Salary in Banking Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Wealth Manager Salary 2 - 8 years exp. (4 salaries)	₹5.5 L/yr - ₹13 L/yr
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Sales & Business Development Wealth Manager Salary 3 years exp. (AmbitionBox Estimate)	₹8.9 L/yr - ₹10.5 L/yr

Last Updated: 2 Jun 2024

Companies similar to Kotak Mahindra Bank for Wealth Manager in Bangalore / Bengaluru

Kotak Mahindra Bank Wealth Manager Salary

2 - 10 years exp. (8 salaries)

₹5.5 L/yr - ₹13 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Wealth Manager Salary 0 - 12 years exp. (153 salaries)	₹3 L/yr - ₹14 L/yr 2% less
HDFC Bank Wealth Manager Salary 1 - 3 years exp. (8 salaries)	₹12 L/yr - ₹22 L/yr 70% more
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IDFC FIRST Bank Wealth Manager Salary 2 - 10 years exp. (7 salaries)	₹7.5 L/yr - ₹14 L/yr 15% more
Axis Bank Wealth Manager Salary 6 - 10 years exp. (3 salaries)	₹8 L/yr - ₹12 L/yr 28% more
ICICI Securities Wealth Manager Salary 1 - 8 years exp. (17 salaries)	₹4.4 L/yr - ₹8 L/yr 22% less

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 10 years. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Wealth Manager salaries in Bangalore / Bengaluru

Last Updated: 2 Jun 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
3 years (3 salaries)	₹6 L/yr - ₹10.5 L/yr
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4 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
5 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
6 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
7 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
8 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
9 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
10 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.8 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(1.5k salaries)

₹2 L/yr - ₹8.5 L/yr

Relationship Manager Salary

(254 salaries)

₹2 L/yr - ₹10 L/yr

Branch Manager Salary

(125 salaries)

₹7 L/yr - ₹24 L/yr

Chief Manager Salary

(79 salaries)

₹7.75 L/yr - ₹29 L/yr

Sales Manager Salary

(70 salaries)

₹2 L/yr - ₹11 L/yr

Branch Sales Manager Salary

(49 salaries)

₹3 L/yr - ₹10.62 L/yr

Branch Head Salary

(24 salaries)

₹9.2 L/yr - ₹22 L/yr

Area Manager Salary

(3 salaries)

₹10 L/yr - ₹20.5 L/yr

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 1 employees for salary & benefits

Senior Relationship Manager in Ranchi

Full Time

Sales & Business Development Department

1.0

• posted on 02 Mar 2025

2.0

for Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

Salary - Poor

+6 more

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+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

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

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

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What people are saying about Kotak Mahindra Bank

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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 Wealth Manager Salary FAQs

What is the salary of Wealth Manager at Kotak Mahindra Bank in Bangalore / Bengaluru?

The average salary of a Wealth Manager at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹5.5 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Wealth Manager in Bangalore / Bengaluru at Kotak Mahindra Bank earn more than ₹12.3 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 8 Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a Wealth Manager at Kotak Mahindra Bank in Bangalore / Bengaluru?

The estimated take-home salary of a Wealth Manager at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹60,035 to ₹61,553 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 10 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 8 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?

HDFC Bank	₹12.0 Lakhs to ₹22.0 Lakhs per year
Axis Bank	₹8.0 Lakhs to ₹12.0 Lakhs per year
IDFC FIRST Bank	₹7.5 Lakhs to ₹14.0 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 Wealth Manager in companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru?

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

ICICI Bank	₹3.0 Lakhs to ₹14.0 Lakhs per year
ICICI Securities	₹4.4 Lakhs to ₹8.0 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 Bangalore / Bengaluru?

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

Experience	Average Salary Range
2 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
3 years	₹6.0 Lakhs to ₹10.5 Lakhs per year
4 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
5 years	₹7.3 Lakhs to ₹9.3 Lakhs per year

and so on.

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Kotak Mahindra Bank Wealth Manager Salaries in Bangalore / Bengaluru

Kotak Mahindra Bank Wealth Manager salary in Bangalore / Bengaluru ranges between ₹5.5 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Wealth Manager salaries in Bangalore / Bengaluru

Companies similar to Kotak Mahindra Bank for Wealth Manager in Bangalore / Bengaluru

Latest annual salaries shared by Kotak Mahindra Bank Wealth Manager in Bangalore / Bengaluru

Experience wise Kotak Mahindra Bank Wealth Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Senior Relationship Manager in Ranchi

Associate Vice President in Noida

Branch Relationship Manager in Kolkata

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Kotak Mahindra Bank Wealth Manager Salary FAQs

Tell us how to improve this page.