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

19 - 24 years exp.

₹24 Lakhs - ₹28 Lakhs

Low Confidence

Salary of majority employees

87% more than the average Zonal Risk Manager Salary in Banking Companies for 19 - 24 years of experience

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Salaries in different departments

Customer Success, Service & Operations Zonal Risk Manager Salary 23 - 24 years exp. (AmbitionBox Estimate)	₹25.2 L/yr - ₹30.8 L/yr
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BFSI, Investments & Trading Zonal Risk Manager Salary 19 years exp. (AmbitionBox Estimate)	₹21.7 L/yr - ₹26.5 L/yr

Last Updated: 13 Aug 2024

Companies similar to Kotak Mahindra Bank for Zonal Risk Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Zonal Risk Manager Salary 10 - 13 years exp. (4 salaries)	₹12 L/yr - ₹24 L/yr 16% less
Utkarsh Small Finance Bank Zonal Risk Manager Salary 4 years exp. (3 salaries)	₹4.2 L/yr - ₹5.8 L/yr 81% less
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Satin Creditcare Network Zonal Risk Manager Salary 10 - 11 years exp. (3 salaries)	₹8.7 L/yr - ₹10 L/yr 64% less
L&T Finance Zonal Risk Manager Salary 18 - 20 years exp. (3 salaries)	₹25 L/yr - ₹27.8 L/yr 1% more
Atyati Technologies Zonal Risk Manager Salary 9 - 16 years exp. (3 salaries)	₹6.1 L/yr - ₹14 L/yr 62% less	1 job opening

Zonal Risk Manager salary at Kotak Mahindra Bank ranges between ₹24 Lakhs to ₹28 Lakhs per year for employees with experience between 19 years to 24 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Zonal Risk Manager salaries

Last Updated: 13 Aug 2024

Experience	Avg Annual Salary
15+ years (5 salaries)	₹24 L/yr - ₹28 L/yr
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Salary related reviews for Kotak Mahindra Bank

Operations Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

There is no work pressure its harmful for your future

Job security - Excellent

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

Salary - Bad

+5 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

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.

Job security - Good

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.

Salary - Poor

+4 more

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2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Kotak Mahindra Bank Zonal Risk Manager Salary FAQs

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

Zonal Risk Manager salary at Kotak Mahindra Bank in India ranges between ₹24.0 Lakhs to ₹28.0 Lakhs for experience between 19 years to 24 years. According to our estimates it is 87% more than the average Zonal Risk Manager 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 Risk Manager at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Zonal Risk Manager at Kotak Mahindra Bank is 87% more than the average salary of a Zonal Risk Manager in India. To know exact salary insights, login to view.

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

L&T Finance Zonal Risk Manager Salary - ₹25.0 Lakhs to ₹27.8 Lakhs per year

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

ICICI Bank Zonal Risk Manager Salary - ₹12.0 Lakhs to ₹24.0 Lakhs per year
Atyati Technologies Zonal Risk Manager Salary - ₹6.1 Lakhs to ₹14.0 Lakhs per year
Satin Creditcare Network Zonal Risk Manager Salary - ₹8.7 Lakhs to ₹10.0 Lakhs per year
Utkarsh Small Finance Bank Zonal Risk Manager Salary - ₹4.2 Lakhs to ₹5.8 Lakhs per year

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

The estimated take-home salary of a Zonal Risk Manager at Kotak Mahindra Bank ranges between ₹1,64,910 per month to ₹1,71,230 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Zonal Risk Manager salary in India which ranges between ₹24.0 Lakhs to ₹28.0 Lakhs per year for employees with experience between 19 years to 24 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Kotak Mahindra Bank Zonal Risk Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Zonal Risk Manager Salaries

Kotak Mahindra Bank Zonal Risk Manager salary in India ranges between ₹24 Lakhs to ₹28 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.