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Kotak Mahindra Bank Zonal Manager salaries in India

Annual salary range
18 - 25 years exp.
₹26.5 Lakhs - ₹39.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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146% more than the average Zonal Manager Salary in Banking Companies for 18 - 25 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Zonal Manager Salary
20 - 25 years exp. (3 salaries)
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₹37.6 L/yr - ₹41.5 L/yr

Administration & Facilities
Zonal Manager Salary
18 - 20 years exp. (3 salaries)
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₹26.5 L/yr - ₹38.6 L/yr

Last Updated: 25 Sep 2024

Companies similar to Kotak Mahindra Bank for Zonal Manager

Company name Avg Annual Salary Open Jobs
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ICICI Bank Zonal Manager Salary

10 - 29 years exp. (21 salaries)

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₹13 L/yr - ₹35 L/yr

arrow icon 37% less
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IndusInd Bank Zonal Manager Salary

12 - 19 years exp. (8 salaries)

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₹13 L/yr - ₹30.5 L/yr

arrow icon 47% less
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Axis Bank Zonal Manager Salary

10 - 25 years exp. (7 salaries)

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₹12 L/yr - ₹32.4 L/yr

arrow icon 52% less
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Yes Bank Zonal Manager Salary

12 - 19 years exp. (4 salaries)

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₹35 L/yr - ₹43 L/yr

At par
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HDFC Bank Zonal Manager Salary

13 - 15 years exp. (4 salaries)

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₹7.8 L/yr - ₹12 L/yr

arrow icon 77% less
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RBL Bank Zonal Manager Salary

7 - 27 years exp. (4 salaries)

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₹15 L/yr - ₹25 L/yr

arrow icon 44% less
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Federal Bank Zonal Manager Salary

12 - 13 years exp. (4 salaries)

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₹18 L/yr - ₹30 L/yr

arrow icon 38% less
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Paytm Payments Bank Zonal Manager Salary

4 - 12 years exp. (4 salaries)

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₹7.6 L/yr - ₹10 L/yr

arrow icon 75% less
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Jana Small Finance Bank Zonal Manager Salary

20 - 23 years exp. (3 salaries)

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₹11.1 L/yr - ₹12 L/yr

arrow icon 71% less
Zonal Manager salary at Kotak Mahindra Bank ranges between ₹26.5 Lakhs to ₹39.7 Lakhs per year for employees with experience between 18 years to 25 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Zonal Manager

3mo ago
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20 years exp.
6mo ago
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19 years exp.
1y ago
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18 years exp.
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23 years exp.
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25 years exp.
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20 years exp.

Experience wise Kotak Mahindra Bank Zonal Manager salaries

Last Updated: 25 Sep 2024

Experience Avg Annual Salary
15+ years  (6 salaries)

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₹26.5 L/yr - ₹68 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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₹4.65 L/yr - ₹20.15 L/yr
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₹20.24 L/yr - ₹24 L/yr
Sales Manager Salary
(868 salaries)
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₹2.04 L/yr - ₹10 L/yr
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₹27 L/yr - ₹62 L/yr
Zonal Head Salary
(5 salaries)
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₹25 L/yr - ₹36 L/yr
Deputy Manager Salary
(11.3k salaries)
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₹1.65 L/yr - ₹8.5 L/yr
Cluster Manager Salary
(63 salaries)
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₹3.95 L/yr - ₹16.24 L/yr
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₹6.8 L/yr - ₹15.4 L/yr
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₹5.37 L/yr - ₹23 L/yr
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₹7.5 L/yr - ₹14 L/yr

Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 1 employees for salary & benefits

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.

read more
  • Work satisfaction - Poor
  • +2 more

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

read more
  • 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

read more
  • Job security - Bad
  • +2 more

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

read more

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

read more
  • Salary - Bad
  • +6 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
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Kotak Mahindra Bank Zonal Manager Salary FAQs

What is the salary of Zonal Manager at Kotak Mahindra Bank ?
The average salary of a Zonal Manager at Kotak Mahindra Bank in India typically ranges from ₹26.5 Lakhs to ₹39.7 Lakhs per year, depending on experience (from 18 years to 25 years).

The top 10% of Zonal Manager at Kotak Mahindra Bank earn more than ₹90.6 Lakhs per year, and the top 1% earn over ₹95.0 Lakhs per year. Zonal 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 6 Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Zonal Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Zonal Manager at Kotak Mahindra Bank in India typically ranges from ₹2,26,607 to ₹2,35,716 per month. This is based on the average salary range of ₹26.5 Lakhs to ₹39.7 Lakhs per year for employees with experience ranging from 18 years to 25 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 6 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 Zonal Manager in India?
Yes Bank ₹35.0 Lakhs to ₹43.0 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 Zonal Manager in companies similar to Kotak Mahindra Bank in India?
The salary of a Zonal 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:

ICICI Bank ₹13.0 Lakhs to ₹35.0 Lakhs per year
Federal Bank ₹18.0 Lakhs to ₹30.0 Lakhs per year
RBL Bank ₹15.0 Lakhs to ₹25.0 Lakhs per year
IndusInd Bank ₹13.0 Lakhs to ₹30.5 Lakhs per year
Axis Bank ₹12.0 Lakhs to ₹32.4 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 Zonal Manager at Kotak Mahindra Bank in India?
The salary growth for a Zonal Manager at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Zonal Manager can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
15 years ₹26.5 Lakhs to ₹68.0 Lakhs per year
and so on.

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Kotak Mahindra Bank Zonal Manager salary in India ranges between ₹26.5 Lakhs to ₹39.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.