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Kotak Mahindra Bank

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3.8

based on 16.9k Reviews

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Kotak Mahindra Bank Deputy Manager Salaries in India (Updated 2025)

based on 11.3k latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Customer Success, Service & Operations Sales & Business Development Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs

Deputy Manager

0 - 13 years exp. (11.3k salaries)
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₹1.7 L/yr - ₹8.2 L/yr

Relationship Manager

0 - 12 years exp. (2.5k salaries)
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₹1.5 L/yr - ₹10 L/yr

6 job openings

Branch Manager

7 - 20 years exp. (1k salaries)
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₹7 L/yr - ₹25.6 L/yr

1 job opening

Deputy Manager Grade 2

0 - 10 years exp. (811 salaries)
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₹2.6 L/yr - ₹7 L/yr

Starting your career? Discover Kotak Mahindra Bank fresher salaries in India

Team Lead

1 - 8 years exp. (417 salaries)
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₹1.5 L/yr - ₹6.8 L/yr

Operations Manager

3 - 13 years exp. (255 salaries)
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₹2.6 L/yr - ₹10 L/yr

Operations Executive

0 - 6 years exp. (226 salaries)
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₹1.1 L/yr - ₹4.5 L/yr

Service Manager

2 - 16 years exp. (216 salaries)
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₹3.5 L/yr - ₹14 L/yr

Deputy Branch Manager

4 - 13 years exp. (188 salaries)
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₹4.2 L/yr - ₹16 L/yr

Service Delivery Manager

2 - 9 years exp. (172 salaries)
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₹2.2 L/yr - ₹6.8 L/yr

Team Manager

1 - 14 years exp. (122 salaries)
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₹1.3 L/yr - ₹10.5 L/yr

Area Manager

10 - 21 years exp. (93 salaries)
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₹7 L/yr - ₹27 L/yr

Customer Service Manager

1 - 8 years exp. (67 salaries)
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₹2 L/yr - ₹7.5 L/yr

Project Manager

1 - 13 years exp. (64 salaries)
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₹6.2 L/yr - ₹24 L/yr

Cluster Manager

4 - 16 years exp. (63 salaries)
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₹3.9 L/yr - ₹16.2 L/yr

Senior Operations Manager

6 - 16 years exp. (33 salaries)
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₹5.2 L/yr - ₹15.3 L/yr

Department Manager

2 - 10 years exp. (11 salaries)
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₹2.8 L/yr - ₹4.9 L/yr

Program Manager

3 - 14 years exp. (10 salaries)
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₹7 L/yr - ₹20 L/yr

Store Manager

3 - 5 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4 L/yr

Delivery Manager

10 years exp. (AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

Associate Vice President

3 - 21 years exp. (1.5k salaries)
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₹9.7 L/yr - ₹35.5 L/yr

Last Updated: 3 Jan, 2025

What people are saying about Kotak Mahindra Bank

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an assistant manager
1d
With online education becoming more popular, many professionals are opting for an Online MBA instead of a traditional one. But does it really offer the same value? Some key questions to consider: •Does it provide the same career opportunities and salary boost as a regular MBA? •How do employers view online MBAs compared to full-time programs? •Are the networking and learning experiences just as effective? •Is the cost justified by the return on investment? If you’ve completed or are considering an Online MBA, I’d love to hear your thoughts! Was it worth it for you? Why or why not? Let’s discuss!
Is an Online MBA Really Worth It?
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Can be, if properly planned
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4 participants . expiring in 2w
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Salary related reviews for Kotak Mahindra Bank

3.5

Rated by 1.9k employees for salary & benefits

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.

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • Salary - Poor
    • +4 more

Deputy Manager in Mumbai

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 30 Dec 2023
3.0
 for  Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

  • Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

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  • Skill development - Poor
    • +1 more

Deputy Manager in Thane

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 Nov 2023
2.0
 for  Salary and Benefits

Likes

Work profile and process is good.

Dislikes

Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

read more
  • Salary - Poor
    • +4 more
see more salary related reviews

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More about working at Kotak Mahindra Bank
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#23 Best Mega Company - 2022

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Kotak Mahindra Bank Salary FAQs

How much does Kotak Mahindra Bank pay per year?
The average Kotak Mahindra Bank salary ranges from approximately ₹1 Lakh to ₹1.2 Lakh per year for a Mail Room Executive and ₹50 Lakhs to ₹1.3 Crore per year for a Executive Vice President. Salary estimates are based on 11.3k Kotak Mahindra Bank salaries received from various employees of Kotak Mahindra Bank. Kotak Mahindra Bank employees rate the overall salary and benefits package 3.5/5 stars.
What is the highest salary in Kotak Mahindra Bank?
The highest-paying job at Kotak Mahindra Bank is a Executive Vice President with a salary of ₹50 Lakhs to ₹1.3 Crore per year. The top 10% of employees earn more than ₹14.01 lakhs per year. The top 1% earn more than a whopping ₹37.40 lakhs per year.
What is the minimum salary in Kotak Mahindra Bank?
Minimum salary at Kotak Mahindra Bank depends on the role you are applying for. For Associate the minimum salary is ₹1.2 Lakh to ₹4.2 Lakhs per year, and for Assistant Manager the minimum salary is ₹1 Lakh to ₹5 Lakhs per year and so on.
What is the salary package for freshers in Kotak Mahindra Bank?
The average salary at Kotak Mahindra Bank for freshers varies from ₹1.4 Lakh to ₹2.4 Lakhs per year for Sampler and ₹6 Lakhs to ₹24 Lakhs per year for Product Manager.
What is the notice period for Deputy Manager at Kotak Mahindra Bank?
According to AmbitionBox, 61% of the Kotak Mahindra Bank Deputy Managers reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7.2k responses on AmbitionBox in last 2 years.

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Average annual salary for Deputy Manager in Kotak Mahindra Bank is INRunlock blur . Salary estimates are based on 11.3k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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