Kotak Mahindra Bank Zonal Head Salaries by 5 Employees (Updated 2025)

18 - 21 years exp.

₹25 Lakhs - ₹36 Lakhs

Low Confidence

Salary of majority employees

15% more than the average Zonal Head Salary in Banking Companies for 18 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading Zonal Head Salary 18 - 20 years exp. (3 salaries)	₹25.5 L/yr - ₹36 L/yr
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Sales & Business Development Zonal Head Salary 21 years exp. (AmbitionBox Estimate)	₹31.5 L/yr - ₹38.5 L/yr

Last Updated: 13 Aug 2024

Companies similar to Kotak Mahindra Bank for Zonal Head

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Zonal Head Salary 12 - 21 years exp. (77 salaries)	₹11.5 L/yr - ₹37.6 L/yr 9% less	1 job opening
ICICI Bank Zonal Head Salary 20 - 27 years exp. (20 salaries)	₹23 L/yr - ₹94 L/yr 84% more
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Axis Bank Zonal Head Salary 11 - 23 years exp. (12 salaries)	₹15 L/yr - ₹32 L/yr 25% less
IndusInd Bank Zonal Head Salary 15 - 25 years exp. (42 salaries)	₹20 L/yr - ₹63 L/yr 29% more	2 job openings
Yes Bank Zonal Head Salary 13 - 23 years exp. (8 salaries)	₹41 L/yr - ₹56 L/yr 59% more
IDFC FIRST Bank Zonal Head Salary 15 - 24 years exp. (10 salaries)	₹25 L/yr - ₹56 L/yr 22% more
RBL Bank Zonal Head Salary 12 - 23 years exp. (10 salaries)	₹28 L/yr - ₹50.5 L/yr 48% more
Bandhan Bank Zonal Head Salary 6 - 18 years exp. (4 salaries)	₹18.6 L/yr - ₹50 L/yr 9% more
Jana Small Finance Bank Zonal Head Salary 14 - 23 years exp. (34 salaries)	₹15 L/yr - ₹52 L/yr 1% less
Utkarsh Small Finance Bank Zonal Head Salary 10 - 23 years exp. (14 salaries)	₹16 L/yr - ₹55 L/yr 15% more
South Indian Bank Zonal Head Salary 10 - 13 years exp. (3 salaries)	₹18.3 L/yr - ₹24 L/yr 27% less
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Paytm Payments Bank Zonal Head Salary 24 - 26 years exp. (3 salaries)	₹49.4 L/yr - ₹54.6 L/yr 77% more

Zonal Head salary at Kotak Mahindra Bank ranges between ₹25 Lakhs to ₹36 Lakhs per year for employees with experience between 18 years to 21 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Zonal Head salaries

Last Updated: 13 Aug 2024

Experience	Avg Annual Salary
15+ years (5 salaries)	₹25 L/yr - ₹36 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

Regional Head Salary

(15 salaries)

₹9.36 L/yr - ₹27.5 L/yr

State Head Salary

(16 salaries)

₹10.2 L/yr - ₹19 L/yr

Zonal Manager Salary

(6 salaries)

₹26.5 L/yr - ₹39.71 L/yr

Cluster Head Salary

(51 salaries)

₹4.92 L/yr - ₹16.5 L/yr

Business Head Salary

(AmbitionBox Estimate)

₹61.8 L/yr - ₹68.3 L/yr

Regional Manager Salary

(30 salaries)

₹6.98 L/yr - ₹16.28 L/yr

General Manager Salary

(3 salaries)

₹20.24 L/yr - ₹24 L/yr

Zonal Sales Manager Salary

(10 salaries)

₹27 L/yr - ₹62 L/yr

Sales Manager Salary

(766 salaries)

₹1.2 L/yr - ₹11 L/yr

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8 L/yr

Salary related reviews for Kotak Mahindra Bank

Cluster Head in Shivamogga

Full Time

Other Department

1.0

• posted on 15 Nov 2024

1.0

for Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

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

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.

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.

Dislikes

Salary, promortion - these are the worst over here.

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.

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.

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.

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank Zonal Head Salary FAQs

What is the salary of Zonal Head at Kotak Mahindra Bank?

Zonal Head salary at Kotak Mahindra Bank in India ranges between ₹25.0 Lakhs to ₹36.0 Lakhs for experience between 18 years to 21 years. According to our estimates it is 15% more than the average Zonal Head Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Zonal Head at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Zonal Head at Kotak Mahindra Bank is 15% more than the average salary of a Zonal Head in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Zonal Head in India?

ICICI Bank Zonal Head Salary - ₹23.0 Lakhs to ₹94.0 Lakhs per year
Paytm Payments Bank Zonal Head Salary - ₹49.4 Lakhs to ₹54.6 Lakhs per year
Yes Bank Zonal Head Salary - ₹41.0 Lakhs to ₹56.0 Lakhs per year
RBL Bank Zonal Head Salary - ₹28.0 Lakhs to ₹50.5 Lakhs per year
IndusInd Bank Zonal Head Salary - ₹20.0 Lakhs to ₹63.0 Lakhs per year

What is the salary of a Zonal Head in companies similar to Kotak Mahindra Bank in India?

IDFC FIRST Bank Zonal Head Salary - ₹25.0 Lakhs to ₹56.0 Lakhs per year
Utkarsh Small Finance Bank Zonal Head Salary - ₹16.0 Lakhs to ₹55.0 Lakhs per year
Bandhan Bank Zonal Head Salary - ₹18.6 Lakhs to ₹50.0 Lakhs per year
Jana Small Finance Bank Zonal Head Salary - ₹15.0 Lakhs to ₹52.0 Lakhs per year
HDFC Bank Zonal Head Salary - ₹11.5 Lakhs to ₹37.6 Lakhs per year

What is the estimated take home salary of a Zonal Head at Kotak Mahindra Bank in India?

The estimated take-home salary of a Zonal Head at Kotak Mahindra Bank ranges between ₹1,81,570 per month to ₹1,88,643 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Zonal Head salary in India which ranges between ₹25.0 Lakhs to ₹36.0 Lakhs per year for employees with experience between 18 years to 21 years. Check how did we calculate take home salary?

What is the notice period for Zonal Head at Kotak Mahindra Bank?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Zonal Heads 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 Zonal Head Salaries

Kotak Mahindra Bank Zonal Head salary in India ranges between ₹25 Lakhs to ₹36 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.