Kotak Mahindra Bank New Delhi Wealth Manager Salaries by 4 Employees

4 - 11 years exp.

₹8 Lakhs - ₹12 Lakhs

Salary of majority employees

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14% more than the average Wealth Manager Salary in Banking Companies for 4 - 11 years of experience

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Last Updated: 4 Jun 2024

Companies similar to Kotak Mahindra Bank for Wealth Manager in New Delhi

Kotak Mahindra Bank Wealth Manager Salary

4 - 11 years exp. (4 salaries)

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₹8 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Wealth Manager Salary 0 - 3 years exp. (13 salaries)	Unlock ₹7.5 L/yr - ₹23 L/yr 57% more
ICICI Bank Wealth Manager Salary 0 - 13 years exp. (163 salaries)	Unlock ₹3.5 L/yr - ₹14.5 L/yr 3% less
Login to view exact salary
Edelweiss Wealth Manager Salary 0 - 8 years exp. (16 salaries)	Unlock ₹3.5 L/yr - ₹9 L/yr 32% less	3 job openings
Tata Capital Wealth Manager Salary 1 - 5 years exp. (4 salaries)	Unlock ₹6.1 L/yr - ₹9.4 L/yr 1% less
IndusInd Bank Wealth Manager Salary 7 - 16 years exp. (10 salaries)	Unlock ₹7 L/yr - ₹22.1 L/yr 64% more
Yes Bank Wealth Manager Salary 4 - 10 years exp. (3 salaries)	Unlock ₹9 L/yr - ₹11.5 L/yr 19% more
Bank of Baroda Wealth Manager Salary 4 - 8 years exp. (8 salaries)	Unlock ₹5.6 L/yr - ₹14 L/yr 7% less
State Bank of India Wealth Manager Salary 6 - 10 years exp. (6 salaries)	Unlock ₹7.5 L/yr - ₹11.5 L/yr 7% more
IDFC FIRST Bank Wealth Manager Salary 0 - 10 years exp. (4 salaries)	Unlock ₹8 L/yr - ₹12 L/yr 6% more

Wealth Manager salary at Kotak Mahindra Bank ranges between ₹8 Lakhs to ₹12 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Wealth Manager salaries in New Delhi

Last Updated: 4 Jun 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	Unlock ₹8 L/yr - ₹15.1 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹7.6 L/yr - ₹9.7 L/yr
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6 years (AmbitionBox Estimate)	Unlock ₹3.4 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹7.8 L/yr - ₹9.9 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹7.8 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹7.9 L/yr - ₹10.1 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹8.5 L/yr - ₹15.9 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹8.5 L/yr - ₹16.1 L/yr

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₹2 L/yr - ₹8.5 L/yr

Relationship Manager Salary

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₹1.8 L/yr - ₹11 L/yr

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₹8 L/yr - ₹25 L/yr

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₹1.8 L/yr - ₹9.93 L/yr

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₹3.6 L/yr - ₹11.3 L/yr

Area Manager Salary

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₹10 L/yr - ₹26.9 L/yr

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₹13.45 L/yr - ₹22 L/yr

Salary related reviews for Kotak Mahindra Bank

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

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

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Kotak Mahindra Bank Wealth Manager Salary FAQs

What is the salary of Wealth Manager at Kotak Mahindra Bank New Delhi?

Wealth Manager salary at Kotak Mahindra Bank in New Delhi ranges between ₹8.0 Lakhs to ₹12.0 Lakhs for experience between 4 years to 11 years. According to our estimates it is 14% more than the average Wealth Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank New Delhi.

How does the salary of a Wealth Manager at Kotak Mahindra Bank New Delhi compare with the average salary range for this job?

The average salary of a Wealth Manager at Kotak Mahindra Bank is 14% more than the average salary of a Wealth Manager in New Delhi. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Wealth Manager in New Delhi?

IndusInd Bank Wealth Manager Salary - ₹7.0 Lakhs to ₹22.1 Lakhs per year
HDFC Bank Wealth Manager Salary - ₹7.5 Lakhs to ₹23.0 Lakhs per year
Yes Bank Wealth Manager Salary - ₹9.0 Lakhs to ₹11.5 Lakhs per year
State Bank of India Wealth Manager Salary - ₹7.5 Lakhs to ₹11.5 Lakhs per year
IDFC FIRST Bank Wealth Manager Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Wealth Manager in companies similar to Kotak Mahindra Bank in New Delhi?

Tata Capital Wealth Manager Salary - ₹6.1 Lakhs to ₹9.4 Lakhs per year
ICICI Bank Wealth Manager Salary - ₹3.5 Lakhs to ₹14.5 Lakhs per year
Bank of Baroda Wealth Manager Salary - ₹5.6 Lakhs to ₹14.0 Lakhs per year
Edelweiss Wealth Manager Salary - ₹3.5 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a Wealth Manager at Kotak Mahindra Bank in New Delhi?

The estimated take-home salary of a Wealth Manager at Kotak Mahindra Bank ranges between ₹62,627 per month to ₹64,218 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindra Bank Wealth Manager salary in India which ranges between ₹8.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Wealth Manager at Kotak Mahindra Bank in New Delhi?

According to AmbitionBox, 75% of the Kotak Mahindra Bank Wealth Managers in New Delhi reported a notice period of 3 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Wealth Manager Salaries in New Delhi

Kotak Mahindra Bank Wealth Manager salary in New Delhi ranges between ₹8 Lakhs to ₹12 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.