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

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)	₹37.6 L/yr - ₹41.5 L/yr
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Administration & Facilities Zonal Manager Salary 18 - 20 years exp. (3 salaries)	₹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
ICICI Bank Zonal Manager Salary 10 - 29 years exp. (21 salaries)	₹13 L/yr - ₹35 L/yr 37% less
IndusInd Bank Zonal Manager Salary 12 - 19 years exp. (8 salaries)	₹13 L/yr - ₹30.5 L/yr 47% less
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Axis Bank Zonal Manager Salary 10 - 25 years exp. (7 salaries)	₹12 L/yr - ₹32.4 L/yr 52% less
Yes Bank Zonal Manager Salary 12 - 19 years exp. (4 salaries)	₹35 L/yr - ₹43 L/yr At par
HDFC Bank Zonal Manager Salary 13 - 15 years exp. (4 salaries)	₹7.8 L/yr - ₹12 L/yr 77% less
RBL Bank Zonal Manager Salary 7 - 27 years exp. (4 salaries)	₹15 L/yr - ₹25 L/yr 44% less
Federal Bank Zonal Manager Salary 12 - 13 years exp. (4 salaries)	₹18 L/yr - ₹30 L/yr 38% less
Paytm Payments Bank Zonal Manager Salary 4 - 12 years exp. (4 salaries)	₹7.6 L/yr - ₹10 L/yr 75% less
Jana Small Finance Bank Zonal Manager Salary 20 - 23 years exp. (3 salaries)	₹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)	₹26.5 L/yr - ₹68 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

Regional Manager Salary

(29 salaries)

₹4.65 L/yr - ₹20.15 L/yr

General Manager Salary

(3 salaries)

₹20.24 L/yr - ₹24 L/yr

Sales Manager Salary

(868 salaries)

₹2.04 L/yr - ₹10 L/yr

Zonal Sales Manager Salary

(10 salaries)

₹27 L/yr - ₹62 L/yr

Zonal Head Salary

(5 salaries)

₹25 L/yr - ₹36 L/yr

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8.5 L/yr

Cluster Manager Salary

(63 salaries)

₹3.95 L/yr - ₹16.24 L/yr

Business Manager Salary

(31 salaries)

₹6.8 L/yr - ₹15.4 L/yr

Area Sales Manager Salary

(259 salaries)

₹5.37 L/yr - ₹23 L/yr

Senior Sales Manager Salary

(74 salaries)

₹7.5 L/yr - ₹14 L/yr

Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 1 employees for salary & benefits

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

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

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What people are saying about Kotak Mahindra Bank

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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 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.