Kotak Mahindra Bank Zonal Manager Salaries by 6 Employees

18 - 25 years exp.

₹26.5 Lakhs - ₹39.7 Lakhs

Low Confidence

Salary of majority employees

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150% 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)	Unlock ₹37.6 L/yr - ₹41.5 L/yr
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Administration & Facilities Zonal Manager Salary 18 - 20 years exp. (3 salaries)	Unlock ₹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
HDFC Bank Zonal Manager Salary 13 - 15 years exp. (4 salaries)	Unlock ₹7.8 L/yr - ₹12 L/yr 77% less
ICICI Bank Zonal Manager Salary 10 - 29 years exp. (21 salaries)	Unlock ₹13 L/yr - ₹35 L/yr 37% less
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Axis Bank Zonal Manager Salary 10 - 25 years exp. (7 salaries)	Unlock ₹12 L/yr - ₹32.4 L/yr 52% less
State Bank of India Zonal Manager Salary 3 - 7 years exp. (4 salaries)	Unlock ₹3 L/yr - ₹6.5 L/yr 86% less
IndusInd Bank Zonal Manager Salary 12 - 19 years exp. (8 salaries)	Unlock ₹13 L/yr - ₹30.5 L/yr 47% less
Yes Bank Zonal Manager Salary 12 - 19 years exp. (4 salaries)	Unlock ₹35 L/yr - ₹43 L/yr At par
Federal Bank Zonal Manager Salary 12 - 13 years exp. (4 salaries)	Unlock ₹18 L/yr - ₹30 L/yr 38% less
RBL Bank Zonal Manager Salary 7 - 27 years exp. (4 salaries)	Unlock ₹15 L/yr - ₹25 L/yr 44% less
Paytm Payments Bank Zonal Manager Salary 4 - 12 years exp. (4 salaries)	Unlock ₹7.6 L/yr - ₹10 L/yr 75% less
Jana Small Finance Bank Zonal Manager Salary 20 - 23 years exp. (3 salaries)	Unlock ₹11.1 L/yr - ₹12 L/yr 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.

Experience wise Kotak Mahindra Bank Zonal Manager salaries

Last Updated: 25 Sep 2024

Experience	Avg Annual Salary
15+ years (6 salaries)	Unlock ₹26.5 L/yr - ₹68 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

Regional Manager Salary

(29 salaries)

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₹4.65 L/yr - ₹20.15 L/yr

General Manager Salary

(3 salaries)

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₹20.24 L/yr - ₹24 L/yr

Sales Manager Salary

(745 salaries)

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₹2.17 L/yr - ₹10 L/yr

Zonal Sales Manager Salary

(10 salaries)

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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

Business Manager Salary

(31 salaries)

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₹6.8 L/yr - ₹15.4 L/yr

Area Sales Manager Salary

(237 salaries)

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₹5.26 L/yr - ₹23 L/yr

Senior Sales Manager Salary

(74 salaries)

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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

Deputy Vice President in Indore

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

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

Job security - Bad

+2 more

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

Salary - Bad

+6 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

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Kotak Mahindra Bank Zonal Manager Salary FAQs

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

Zonal Manager salary at Kotak Mahindra Bank in India ranges between ₹26.5 Lakhs to ₹39.7 Lakhs for experience between 18 years to 25 years. According to our estimates it is 150% more than the average Zonal Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Zonal Manager at Kotak Mahindra Bank is 150% more than the average salary of a Zonal Manager in India. To know exact salary insights, login to view.

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

Yes Bank Zonal Manager Salary - ₹35.0 Lakhs to ₹43.0 Lakhs per year

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

ICICI Bank Zonal Manager Salary - ₹13.0 Lakhs to ₹35.0 Lakhs per year
Federal Bank Zonal Manager Salary - ₹18.0 Lakhs to ₹30.0 Lakhs per year
RBL Bank Zonal Manager Salary - ₹15.0 Lakhs to ₹25.0 Lakhs per year
IndusInd Bank Zonal Manager Salary - ₹13.0 Lakhs to ₹30.5 Lakhs per year
Axis Bank Zonal Manager Salary - ₹12.0 Lakhs to ₹32.4 Lakhs per year

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 ranges between ₹2,26,607 per month to ₹2,35,716 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Zonal Manager salary in India which ranges between ₹26.5 Lakhs to ₹39.7 Lakhs per year for employees with experience between 18 years to 25 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Kotak Mahindra Bank Zonal Managers reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Zonal Manager Salaries

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