Kotak Mahindra Bank Bangalore / Bengaluru Zonal Manager Salaries by 4 Employees

18 - 20 years exp.

₹26.5 Lakhs - ₹42 Lakhs

Avg. annual salary

Monthly In-hand Salary

159% more than the average Zonal Manager Salary in Banking Companies for 18 - 20 years of experience

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Salaries in different departments

Administration & Facilities Zonal Manager Salary 18 - 20 years exp. (3 salaries)	₹26.5 L/yr - ₹38.3 L/yr
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BFSI, Investments & Trading Zonal Manager Salary 20 years exp. (AmbitionBox Estimate)	₹37.4 L/yr - ₹42 L/yr

Last Updated: 25 Sep 2024

Companies similar to Kotak Mahindra Bank for Zonal Manager in Bangalore / Bengaluru

Kotak Mahindra Bank Zonal Manager Salary

18 - 20 years exp. (4 salaries)

₹26.5 L/yr - ₹42 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Zonal Manager Salary 10 - 22 years exp. (3 salaries)	₹20 L/yr - ₹26.5 L/yr 32% less
Nestaway Zonal Manager Salary 3 - 11 years exp. (18 salaries)	₹3.6 L/yr - ₹8.5 L/yr 85% less
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MakeMyTrip Zonal Manager Salary 6 - 12 years exp. (17 salaries)	₹9 L/yr - ₹28 L/yr 48% less
CARS24 Zonal Manager Salary 5 - 12 years exp. (15 salaries)	₹6 L/yr - ₹14 L/yr 79% less	1 job opening
Fabindia Zonal Manager Salary 13 - 17 years exp. (10 salaries)	₹13 L/yr - ₹20.1 L/yr 52% less

Zonal Manager salary at Kotak Mahindra Bank ranges between ₹26.5 Lakhs to ₹42 Lakhs per year for employees with experience between 18 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Zonal Manager salaries in Bangalore / Bengaluru

Last Updated: 25 Sep 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹26.5 L/yr - ₹42 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(1.5k salaries)

₹2 L/yr - ₹8.5 L/yr

Sales Manager Salary

(70 salaries)

₹2 L/yr - ₹11 L/yr

Area Sales Manager Salary

(20 salaries)

₹5.6 L/yr - ₹20.5 L/yr

Senior Sales Manager Salary

(8 salaries)

₹8.5 L/yr - ₹12.05 L/yr

Business Manager Salary

(6 salaries)

₹7.7 L/yr - ₹14 L/yr

Cluster Manager Salary

(5 salaries)

₹7.1 L/yr - ₹19.38 L/yr

Zonal Sales Manager Salary

(4 salaries)

₹27 L/yr - ₹51 L/yr

Regional Manager Salary

(3 salaries)

₹9.22 L/yr - ₹21 L/yr

Salary related reviews for Kotak Mahindra Bank

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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a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Zonal Manager Salary FAQs

What is the salary of Zonal Manager at Kotak Mahindra Bank in Bangalore / Bengaluru?

The average salary of a Zonal Manager at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹26.5 Lakhs to ₹42.0 Lakhs per year, depending on experience (from 18 years to 20 years).

The top 10% of Zonal Manager in Bangalore / Bengaluru at Kotak Mahindra Bank earn more than ₹42.0 Lakhs per year, and the top 1% earn over ₹42.0 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 4 Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a Zonal Manager at Kotak Mahindra Bank in Bangalore / Bengaluru?

The estimated take-home salary of a Zonal Manager at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹2,25,378 to ₹2,34,431 per month. This is based on the average salary range of ₹26.5 Lakhs to ₹42.0 Lakhs per year for employees with experience ranging from 18 years to 20 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 4 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Zonal Manager at companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank	₹20.0 Lakhs to ₹26.5 Lakhs per year
MakeMyTrip	₹9.0 Lakhs to ₹28.0 Lakhs per year
Fabindia	₹13.0 Lakhs to ₹20.1 Lakhs per year
CARS24	₹6.0 Lakhs to ₹14.0 Lakhs per year
Nestaway	₹3.6 Lakhs to ₹8.5 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 Bangalore / Bengaluru?

The salary growth for a Zonal Manager at Kotak Mahindra Bank in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Zonal Manager in Bangalore / Bengaluru can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
15 years	₹26.5 Lakhs to ₹42.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Zonal Manager Salaries in Bangalore / Bengaluru

Kotak Mahindra Bank Zonal Manager salary in Bangalore / Bengaluru ranges between ₹26.5 Lakhs to ₹42 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.

Kotak Mahindra Bank Zonal Manager salaries in Bangalore / Bengaluru

Companies similar to Kotak Mahindra Bank for Zonal Manager in Bangalore / Bengaluru

Latest annual salaries shared by Kotak Mahindra Bank Zonal Manager in Bangalore / Bengaluru

Experience wise Kotak Mahindra Bank Zonal Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Associate Vice President in Noida

Deputy Vice President in Indore

Cluster Head in Shivamogga

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Kotak Mahindra Bank Zonal Manager Salary FAQs

Tell us how to improve this page.