Kotak Mahindra Prime Chennai Deputy Manager Salaries by 20+ Employees (Updated 2025)

1 - 12 years exp.

₹3.5 Lakhs - ₹6.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

38% less than the average Deputy Manager Salary in NBFC Companies for 1 - 12 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 1 - 12 years exp. (9 salaries)	₹4.3 L/yr - ₹6.5 L/yr
Finance & Accounting Deputy Manager Salary 4 - 9 years exp. (5 salaries)	₹3.5 L/yr - ₹5.9 L/yr
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Sales & Business Development Deputy Manager Salary 1 - 12 years exp. (5 salaries)	₹4.2 L/yr - ₹6 L/yr
Customer Success, Service & Operations Deputy Manager Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.5 L/yr

Last Updated: 5 Feb 2025

Companies similar to Kotak Mahindra Prime for Deputy Manager in Chennai

Kotak Mahindra Prime Deputy Manager Salary

1 - 12 years exp. (22 salaries)

₹3.5 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Housing Finance Deputy Manager Salary 3 - 8 years exp. (6 salaries)	₹6 L/yr - ₹7.2 L/yr 33% more
Kinara Capital Deputy Manager Salary 5 - 10 years exp. (5 salaries)	₹4 L/yr - ₹6.4 L/yr 7% less
Login to view exact salary
Vistaar Finance Deputy Manager Salary 8 - 10 years exp. (4 salaries)	₹2.9 L/yr - ₹4.1 L/yr 26% less
Aptus Value Housing Finance India Deputy Manager Salary 5 - 8 years exp. (4 salaries)	₹4.8 L/yr - ₹5.5 L/yr At par
Mahindra Rural Housing Finance Deputy Manager Salary 5 - 12 years exp. (3 salaries)	₹3.2 L/yr - ₹5.8 L/yr 6% more

Deputy Manager salary at Kotak Mahindra Prime ranges between ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 22 latest salaries received from various employees of Kotak Mahindra Prime.

Latest annual salaries shared by Kotak Mahindra Prime Deputy Manager in Chennai

2mo ago

₹4.2 Lakhs

7 years exp.

2mo ago

₹5 Lakhs

7 years exp.

4mo ago

₹5.5 Lakhs

8 years exp.

7mo ago

₹6 Lakhs

9 years exp.

7mo ago

₹5.5 Lakhs

8 years exp.

7mo ago

6 years exp.

8mo ago

1 year exp.

9mo ago

9 years exp.

10mo ago

5 years exp.

1y ago

5 years exp.

Experience wise Kotak Mahindra Prime Deputy Manager salaries in Chennai

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
2 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
4 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
5 years (3 salaries)	₹3.5 L/yr - ₹9.6 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
8 years (3 salaries)	₹2.1 L/yr - ₹5.9 L/yr
9 years (5 salaries)	₹4.2 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
11 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

View all

From

Deputy Manager

₹

Lakhs/yr

1 - 12 years exp.

Senior Manager

₹

Lakhs/yr

3 - 14 years exp.

Deputy Manager 1 - 12 years exp.

Manager 0 - 14 years exp.

49% hike

Senior Manager 3 - 14 years exp.

45% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Prime

Relationship Manager Salary

(21 salaries)

₹2 L/yr - ₹5 L/yr

Operations Manager Salary

(11 salaries)

₹2.6 L/yr - ₹8.5 L/yr

Cluster Manager Salary

(5 salaries)

₹6.65 L/yr - ₹9.5 L/yr

Team Lead Salary

(3 salaries)

₹2.05 L/yr - ₹2.28 L/yr

Salary related reviews for Kotak Mahindra Prime

2.8

Rated by 3 employees for salary & benefits

Deputy Manager in Ajmer

Full Time

Sales & Business Development Department

3.0

• posted on 26 Jul 2024

2.0

for Salary and Benefits

Likes

Job stability, transfers, open door policy.

Job security - Excellent

Dislikes

No Promotion policy is defined or followed. No considerable salary hike. You can be sitting at the same salary forever if you don’t switch. Office politics cannot even be described in words. No bonus.

Salary - Poor

+2 more

Deputy Manager in Goregaon

Other Department

3.0

• posted on 24 Jan 2021

2.0

for Salary and Benefits

Likes

Great company culture. No pay cuts even in pandemic times. Overall great company to work. But the growth prospects is very slow. Yearly appraisals are below expectations.

Job security - Excellent

+2 more

Dislikes

Mid management involved in politics and favourism based on religion.

Salary - Poor

+2 more

Operations Executive in Vadodara

BFSI, Investments & Trading Department

5.0

• posted on 12 Apr 2021

3.0

for Salary and Benefits

Likes

Not good platform and work environment and culture many people are politics so not good platform

Skill development - Excellent

+3 more

Dislikes

Lot of politics and the management doesn't address our issue and salary is very poor and career growth is nothing possible .i have joined the off roll starting salary 14800 and company promoted on roll but on roll employees benifit not provide and lot of employee salary not increas i have totally work in 3.years and 11 months but still salary nd onRoll benifits not provide also his firm consider as off roll employe

Promotions - Poor

+1 more

Relationship Manager in Nagpur

Finance Department

5.0

• posted on 24 Jan 2020

4.0

for Salary and Benefits

Likes

... and the culture of the company is excellent, teammates and Superiors are very supportive, need to chnge salary structure, appraisal ratings are too good, learning policies are advanced, work environment is excellent, excellent company for work satisfaction and stability,

Salary - Good

+6 more

Dislikes

Salary structure need to be change

Senior Manager in Goregaon

Full Time

Finance & Accounting Department

4.0

• posted on 09 May 2023

3.0

for Salary and Benefits

Likes

There is an open door policy,we can anytime directly interact with management.

Job security - Good

+3 more

Dislikes

The only point i would like to highlight is the company should think about salary structure for employee is very low compared to other banking industry. As per the grade the salary doesn't Match.

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Kotak Mahindra Prime Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Kotak Mahindra Prime in Chennai?

The average salary of a Deputy Manager at Kotak Mahindra Prime in Chennai typically ranges from ₹3.5 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 1 year to 12 years).

The top 10% of Deputy Manager in Chennai at Kotak Mahindra Prime earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Deputy Manager Salaries at Kotak Mahindra Prime 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 20+ Kotak Mahindra Prime employees in India.

What is the estimated take home salary of a Deputy Manager at Kotak Mahindra Prime in Chennai?

The estimated take-home salary of a Deputy Manager at Kotak Mahindra Prime in Chennai typically ranges from ₹39,882 to ₹41,049 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 1 year to 12 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 20+ salaries received from various employees of Kotak Mahindra Prime. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Mahindra Prime for Deputy Manager in India?

Bajaj Housing Finance	₹6.0 Lakhs to ₹7.2 Lakhs per year
Mahindra Rural Housing Finance	₹3.2 Lakhs to ₹5.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Prime, depending on the role and experience level.

What is the salary of a Deputy Manager in companies similar to Kotak Mahindra Prime in Chennai?

The salary of a Deputy Manager at companies similar to Kotak Mahindra Prime in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aptus Value Housing Finance India	₹4.8 Lakhs to ₹5.5 Lakhs per year
Kinara Capital	₹4.0 Lakhs to ₹6.4 Lakhs per year
Vistaar Finance	₹2.9 Lakhs to ₹4.1 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 Deputy Manager at Kotak Mahindra Prime in Chennai?

The salary growth for a Deputy Manager at Kotak Mahindra Prime in Chennai depends on factors such as experience, performance, and promotions. On average, a Deputy Manager in Chennai can expect the following growth trajectory at Kotak Mahindra Prime:

Experience	Average Salary Range
1 year	₹5.0 Lakhs to ₹6.4 Lakhs per year
2 years	₹4.9 Lakhs to ₹6.3 Lakhs per year
3 years	₹4.9 Lakhs to ₹6.3 Lakhs per year
4 years	₹4.9 Lakhs to ₹6.2 Lakhs per year

and so on.

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Kotak Mahindra Prime Deputy Manager Salaries in Chennai

Kotak Mahindra Prime Deputy Manager salary in Chennai ranges between ₹3.5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Kotak Mahindra Prime latest salaries received from various employees of Kotak Mahindra Prime.