Kotak Mahindra Prime Manager M1 Salaries by 7 Employees (Updated 2025)

3 - 11 years exp.

₹3.5 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

65% less than the average Manager M1 Salary in NBFC Companies for 3 - 11 years of experience

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Salaries in different departments

Finance & Accounting Manager M1 Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.1 L/yr
Customer Success, Service & Operations Manager M1 Salary 10 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr
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Sales & Business Development Manager M1 Salary 11 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.1 L/yr

Last Updated: 23 Feb 2025

Companies similar to Kotak Mahindra Prime for Manager M1

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager M1 Salary 5 - 14 years exp. (159 salaries)	₹5 L/yr - ₹12.1 L/yr 102% more
ICICI Bank Manager M1 Salary 1 - 17 years exp. (1.9k salaries)	₹4.5 L/yr - ₹16 L/yr 155% more
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Axis Bank Manager M1 Salary 5 - 12 years exp. (159 salaries)	₹4.2 L/yr - ₹12 L/yr 95% more
Bajaj Finance Manager M1 Salary 1 - 6 years exp. (4 salaries)	₹4 L/yr - ₹5.6 L/yr 11% more
Tata Capital Manager M1 Salary 2 - 5 years exp. (4 salaries)	₹4.6 L/yr - ₹6 L/yr 33% more
Mahindra Finance Manager M1 Salary 13 - 17 years exp. (4 salaries)	₹10 L/yr - ₹14.8 L/yr 226% more
Sammaan Capital Limited Manager M1 Salary 6 - 14 years exp. (3 salaries)	₹6.2 L/yr - ₹11.5 L/yr 96% more
Vistaar Finance Manager M1 Salary 0 - 8 years exp. (7 salaries)	₹4.5 L/yr - ₹5.4 L/yr 19% more
Tata Capital Housing Finance Manager M1 Salary 0 - 10 years exp. (5 salaries)	₹4.6 L/yr - ₹6.5 L/yr 32% more
Hero FinCorp Manager M1 Salary 6 - 12 years exp. (4 salaries)	₹5 L/yr - ₹7 L/yr 51% more
PNB Housing Finance Manager M1 Salary 4 - 9 years exp. (4 salaries)	₹7.4 L/yr - ₹10.7 L/yr 141% more
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Manager M1 salary at Kotak Mahindra Prime ranges between ₹3.5 Lakhs to ₹5 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Prime.

Experience wise Kotak Mahindra Prime Manager M1 salaries

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.8 L/yr
4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.1 L/yr
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5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
10 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5 L/yr
11 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹7.7 L/yr

View all

Similar Designation salaries in Kotak Mahindra Prime

Team Manager Salary

(6 salaries)

₹2.5 L/yr - ₹4.8 L/yr

Area Manager Salary

(4 salaries)

₹8.35 L/yr - ₹12.15 L/yr

Team Lead Salary

(19 salaries)

₹2.05 L/yr - ₹4.2 L/yr

Branch Manager Salary

(6 salaries)

₹6.5 L/yr - ₹8.62 L/yr

Deputy Manager Salary

(251 salaries)

₹3 L/yr - ₹7.5 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Cluster Manager Salary

(19 salaries)

₹6.5 L/yr - ₹11.5 L/yr

Operations Manager Salary

(35 salaries)

₹2.6 L/yr - ₹9 L/yr

Relationship Manager Salary

(267 salaries)

₹1.87 L/yr - ₹8 L/yr

Deputy Branch Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Salary related reviews for Kotak Mahindra Prime

4.4

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

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

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

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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Kotak Mahindra Prime Manager M1 Salary FAQs

What is the salary of Manager M1 at Kotak Mahindra Prime ?

The average salary of a Manager M1 at Kotak Mahindra Prime in India typically ranges from ₹3.5 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 3 years to 11 years).

The top 10% of Manager M1 at Kotak Mahindra Prime earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Manager M1 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 7 Kotak Mahindra Prime employees in India.

What is the estimated take home salary of a Manager M1 at Kotak Mahindra Prime in India?

The estimated take-home salary of a Manager M1 at Kotak Mahindra Prime in India typically ranges from ₹29,895 to ₹31,211 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 3 years to 11 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 7 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 Manager M1 in India?

Mahindra Finance	₹10.0 Lakhs to ₹14.8 Lakhs per year
ICICI Bank	₹4.5 Lakhs to ₹16.0 Lakhs per year
PNB Housing Finance	₹7.4 Lakhs to ₹10.7 Lakhs per year
HDFC Bank	₹5.0 Lakhs to ₹12.1 Lakhs per year
Sammaan Capital Limited	₹6.2 Lakhs to ₹11.5 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 Manager M1 in companies similar to Kotak Mahindra Prime in India?

The salary of a Manager M1 at companies similar to Kotak Mahindra Prime in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹4.2 Lakhs to ₹12.0 Lakhs per year
Hero FinCorp	₹5.0 Lakhs to ₹7.0 Lakhs per year
Tata Capital	₹4.6 Lakhs to ₹6.0 Lakhs per year
Tata Capital Housing Finance	₹4.6 Lakhs to ₹6.5 Lakhs per year
Vistaar Finance	₹4.5 Lakhs to ₹5.4 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 Manager M1 at Kotak Mahindra Prime in India?

The salary growth for a Manager M1 at Kotak Mahindra Prime depends on factors such as experience, performance, and promotions. On average, a Manager M1 can expect the following growth trajectory at Kotak Mahindra Prime:

Experience	Average Salary Range
3 years	₹3.5 Lakhs to ₹6.8 Lakhs per year
4 years	₹1.5 Lakhs to ₹4.1 Lakhs per year
5 years	₹1.6 Lakhs to ₹4.3 Lakhs per year
6 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Kotak Mahindra Prime Manager M1 Salaries

Kotak Mahindra Prime Manager M1 salary in India ranges between ₹3.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindra Prime latest salaries received from various employees of Kotak Mahindra Prime.