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Kotak Securities

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3.6

based on 1.6k Reviews

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Kotak Securities Assistant Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 7 years exp.
₹1.8 Lakh - ₹5 Lakhs
Avg. annual salary
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Fixed
₹unlock blur Lakhs
Variable
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Monthly In-hand Salary

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60% less than the average Assistant Manager Salary in Financial Services Companies for 0 - 7 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
0 - 7 years exp. (352 salaries)
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₹1.9 L/yr - ₹5 L/yr

Finance & Accounting
Assistant Manager Salary
0 - 7 years exp. (216 salaries)
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₹1.8 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
0 - 7 years exp. (156 salaries)
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₹2 L/yr - ₹4.3 L/yr

Sales & Business Development
Assistant Manager Salary
0 - 7 years exp. (57 salaries)
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₹2.3 L/yr - ₹4.5 L/yr

Marketing & Communication
Assistant Manager Salary
0 - 5 years exp. (24 salaries)
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₹1.8 L/yr - ₹4.4 L/yr

Last Updated: 3 Apr 2025

Companies similar to Kotak Securities for Assistant Manager in Mumbai

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Kotak Securities Assistant Manager Salary

0 - 7 years exp. (985 salaries)
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₹1.8 L/yr - ₹5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Axis Direct Assistant Manager Salary

0 - 15 years exp. (98 salaries)
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₹2.3 L/yr - ₹8 L/yr

arrow icon 73% more
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CSC Assistant Manager Salary

6 - 13 years exp. (67 salaries)
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₹8.8 L/yr - ₹18 L/yr

arrow icon 310% more
 5 job openings
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Sharekhan Assistant Manager Salary

0 - 12 years exp. (51 salaries)
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₹2.4 L/yr - ₹8 L/yr

arrow icon 66% more
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Ocwen Financial Solutions Assistant Manager Salary

7 - 17 years exp. (41 salaries)
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₹9 L/yr - ₹24 L/yr

arrow icon 343% more
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SBI Mutual Fund Assistant Manager Salary

0 - 7 years exp. (26 salaries)
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₹4.8 L/yr - ₹8 L/yr

arrow icon 95% more
 3 job openings
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Reliance Capital Assistant Manager Salary

1 - 12 years exp. (21 salaries)
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₹2.6 L/yr - ₹6 L/yr

arrow icon 41% more
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Morningstar Assistant Manager Salary

4 - 16 years exp. (17 salaries)
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₹8 L/yr - ₹27 L/yr

arrow icon 402% more
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Aditya Birla SunLife Asset Management Company Assistant Manager Salary

0 - 8 years exp. (16 salaries)
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₹4.3 L/yr - ₹7.5 L/yr

arrow icon 61% more
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Wtw Global Delivery And Solutions Assistant Manager Salary

10 - 21 years exp. (10 salaries)
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₹11.9 L/yr - ₹21 L/yr

arrow icon 386% more
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Franklin Templeton Investments Assistant Manager Salary

6 - 14 years exp. (9 salaries)
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₹6.5 L/yr - ₹20.8 L/yr

arrow icon 307% more
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MUFG Bank Assistant Manager Salary

3 - 13 years exp. (4 salaries)
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₹10 L/yr - ₹21 L/yr

arrow icon 363% more
Assistant Manager salary at Kotak Securities ranges between ₹1.8 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 985 latest salaries received from various employees of Kotak Securities.

Latest annual salaries shared by Kotak Securities Assistant Manager in Mumbai

5d ago
₹3.5 Lakhs
5 months exp.
1w ago
₹2.7 Lakhs
1 year exp.
1w ago
₹2.7 Lakhs
2 months exp.
1w ago
₹3.3 Lakhs
3 years exp.
2w ago
₹3.1 Lakhs
4 years exp.
2w ago
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6 years exp.
2w ago
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2 years exp.
2w ago
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2 years exp.
2w ago
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3 years exp.
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3 years exp.

Experience wise Kotak Securities Assistant Manager salaries in Mumbai

Last Updated: 3 Apr 2025

Experience Avg Annual Salary
Fresher  (152 salaries)

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₹1.8 L/yr - ₹4.5 L/yr
1 year  (224 salaries)

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₹1.8 L/yr - ₹4.3 L/yr
2 years  (227 salaries)

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₹2 L/yr - ₹4.5 L/yr
3 years  (175 salaries)

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₹2 L/yr - ₹4.5 L/yr
4 years  (118 salaries)

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₹2 L/yr - ₹5 L/yr
View all
Kotak Securities Assistant Manager Salary and Career Growth

From

To

Assistant Manager

₹unlock blur Lakhs/yr

0 - 7 years exp.

Branch Manager

₹unlock blur Lakhs/yr

8 - 19 years exp.

Assistant Manager 0 - 7 years exp.
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Deputy Manager 0 - 11 years exp.
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arrow icon 35% hike
    Branch Manager 8 - 19 years exp.
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    arrow icon 58% hike

    From

    View 4 more levels

    To

    Assistant Manager

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    0 - 7 years exp.

    Deputy Vice President

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    10 - 18 years exp.

    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 Securities

    Deputy Manager Salary
    (514 salaries)
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    ₹1.95 L/yr - ₹7.45 L/yr
    Relationship Manager Salary
    (30 salaries)
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    ₹1.55 L/yr - ₹4.5 L/yr
    Team Manager Salary
    (20 salaries)
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    ₹3.5 L/yr - ₹11 L/yr
    Branch Manager Salary
    (9 salaries)
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    ₹5 L/yr - ₹11.08 L/yr
    Operations Manager Salary
    (4 salaries)
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    ₹5.54 L/yr - ₹10 L/yr

    Top skills at Kotak Securities for Assistant Manager

    demat Sales Channel Sales Casa Direct Sales

    Salary related reviews for Kotak Securities

    3.1

    Rated by 112 employees for salary & benefits

    Assistant Manager in Mumbai

    Full Time

     · 

    Marketing & Communication Department

    1.0
      •  posted on 19 Feb 2025
    1.0
     for  Salary and Benefits

    Likes

    Nothing

    Dislikes

    Worst organisation neither they help you in skill development nor they will provide you salary increment. No matter how hard you work they will simply promote And also increase salary of only their favourite employee Full biased work culture. They will fully torture you and will set unrealistic targets and will force you to sit for 12hours a day plus no leave you can get even if you are unhealthy and showing all your reports from hospital they have no humanity and simpathy.TL have all the right according to manamgemt even if they are wrong..HR and all will support them only.. Manager..HR..VP no one will help you despite they will threat you and laugh at you when you will try to get help from them.. Plus promotion is bais so all those who are on top Position except assistant manager they have no knowledge about system plus no management skills they hold they will simply let you suffer due to their dumb decisions.This is the most pathetic job.Trust me i would not recommend anyone join Kotak securities. Before joining think thousand times it could be your Worst choice. I have wasted my time their with no increment and promotion even after being the most deserving employee.

    read more
    • Salary - Bad
      • +6 more

    Assistant Manager in Mumbai

    Full Time

     · 

    Other Department

    2.0
      •  posted on 14 May 2023
    1.0
     for  Salary and Benefits

    Likes

    There is no pressure working in Kotak securities

    • Job security - Good

    Dislikes

    If you’re looking for a good salary hike and good promotion or benefits then you shouldn't join here this is my working experience for the previous 2 and a half years

    read more
    • Salary - Bad
      • +1 more

    Assistant Manager in Mumbai

    Full Time

     · 

    Customer Success, Service & Operations Department

    5.0
      •  posted on 21 Jun 2023
    3.0
     for  Salary and Benefits

    Likes

    Kotak securities is a great place to work, lot of learning and good management which helps you to work efficiently and grow. On good performance, you can easily get promoted to different departments.

    read more
    • Skill development - Excellent
      • +5 more

    Dislikes

    Average salary.

    Assistant Manager in Mumbai

    Customer Success, Service & Operations Department

    5.0
      •  posted on 05 Oct 2020
    5.0
     for  Salary and Benefits

    Likes

    Each and everyone inside our premises were very helpful, staff is very nice also in this pandemic our tl and managers supported us a lot

    read more
    • Salary - Excellent
      • +6 more

    Dislikes

    Incentive can't be paid on time , slab changes for incentive without proper informing to employees

    read more

    Assistant Manager in Pune

    Full Time

     · 

    BFSI, Investments & Trading Department

    1.0
      •  posted on 09 Jul 2023
    1.0
     for  Salary and Benefits

    Likes

    If you want to do hell with your career you can definitely join the firm

    Dislikes

    Work culture 0/5 Salary 0/5 Environment 0/5 System and software 0/5 Work life balance 0/5 Job security 0/5 If you join your manager will treat like his slave and your hr will be your managers puppet.

    read more
    • Salary - Bad
      • +6 more
    see more salary related reviews

    Discover interview dos and don'ts from real experiences

    Top trending discussions

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    Salary Discussions, Hike & Promotions
    2w (edited)
    peacemaker
    Verified Icon
    ·
    works at
    Georgia-Pacific
    New offer. Confused.
    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 Securities Assistant Manager Salary FAQs

    What is the salary of Assistant Manager at Kotak Securities in Mumbai?
    The average salary of a Assistant Manager at Kotak Securities in Mumbai typically ranges from ₹1.8 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 7 years).

    The top 10% of Assistant Manager in Mumbai at Kotak Securities earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Assistant Manager Salaries at Kotak Securities 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 900+ Kotak Securities employees in India.
    What is the estimated take home salary of a Assistant Manager at Kotak Securities in Mumbai?
    The estimated take-home salary of a Assistant Manager at Kotak Securities in Mumbai typically ranges from ₹24,262 to ₹25,712 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 7 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 900+ salaries received from various employees of Kotak Securities. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Assistant Manager at Kotak Securities in Mumbai?
    To be a Assistant Manager at Kotak Securities in Mumbai, the key skills required include:

    • - demat
    • - Sales
    • - Channel Sales
    • - Casa
    • - Direct Sales

    These skills are highly valued at Kotak Securities and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than Kotak Securities for Assistant Manager in India?
    Morningstar ₹8.0 Lakhs to ₹27.0 Lakhs per year
    Wtw Global Delivery And Solutions ₹11.9 Lakhs to ₹21.0 Lakhs per year
    MUFG Bank ₹10.0 Lakhs to ₹21.0 Lakhs per year
    Ocwen Financial Solutions ₹9.0 Lakhs to ₹24.0 Lakhs per year
    CSC ₹8.8 Lakhs to ₹18.0 Lakhs per year

    These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Securities, depending on the role and experience level.
    What is the salary of a Assistant Manager in companies similar to Kotak Securities in Mumbai?
    The salary of a Assistant Manager at companies similar to Kotak Securities in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Franklin Templeton Investments ₹6.5 Lakhs to ₹20.8 Lakhs per year
    SBI Mutual Fund ₹4.8 Lakhs to ₹8.0 Lakhs per year
    Axis Direct ₹2.3 Lakhs to ₹8.0 Lakhs per year
    Sharekhan ₹2.4 Lakhs to ₹8.0 Lakhs per year
    Aditya Birla SunLife Asset Management Company ₹4.3 Lakhs to ₹7.5 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 Assistant Manager at Kotak Securities in Mumbai?
    The salary growth for a Assistant Manager at Kotak Securities in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at Kotak Securities:

    Experience Average Salary Range
    Fresher ₹1.8 Lakhs to ₹4.5 Lakhs per year
    1 year ₹1.8 Lakhs to ₹4.3 Lakhs per year
    2 years ₹2.0 Lakhs to ₹4.5 Lakhs per year
    3 years ₹2.0 Lakhs to ₹4.5 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Kotak Securities Assistant Manager salary in Mumbai ranges between ₹1.8 Lakh to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 985 Kotak Securities latest salaries received from various employees of Kotak Securities.