Kotak Securities Branch Manager Salaries by 100+ Employees (Updated 2024)

7 - 19 years exp.

₹4.1 Lakhs - ₹11.1 Lakhs

Salary of majority employees

25% less than the average Branch Manager Salary in Financial Services Companies for 7 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 7 - 19 years exp. (81 salaries)	₹4.5 L/yr - ₹10 L/yr
Sales & Business Development Branch Manager Salary 7 - 18 years exp. (40 salaries)	₹4.1 L/yr - ₹10.2 L/yr
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Marketing & Communication Branch Manager Salary 9 - 15 years exp. (4 salaries)	₹4.4 L/yr - ₹6.5 L/yr
Finance & Accounting Branch Manager Salary 8 - 11 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹7 L/yr

Last Updated: 13 Dec 2024

Companies similar to Kotak Securities for Branch Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Branch Manager Salary 4 - 19 years exp. (197 salaries)	₹4.3 L/yr - ₹13.1 L/yr 19% more	1 job opening
ICICI Securities Branch Manager Salary 2 - 11 years exp. (166 salaries)	₹4 L/yr - ₹11 L/yr 6% more
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Axis Direct Branch Manager Salary 9 - 19 years exp. (25 salaries)	₹5.8 L/yr - ₹15 L/yr 40% more
Sharekhan Branch Manager Salary 9 - 19 years exp. (59 salaries)	₹4.2 L/yr - ₹14.3 L/yr 46% more	1 job opening
Angel One Branch Manager Salary 4 - 14 years exp. (71 salaries)	₹3 L/yr - ₹7.4 L/yr 14% less
Motilal Oswal Securities Branch Manager Salary 5 - 15 years exp. (4 salaries)	₹2.3 L/yr - ₹11.9 L/yr 9% less
Edelweiss Branch Manager Salary 5 - 18 years exp. (154 salaries)	₹3.5 L/yr - ₹11.1 L/yr 1% more	1 job opening
Reliance Securities Branch Manager Salary 3 - 15 years exp. (14 salaries)	₹3 L/yr - ₹7 L/yr 26% less
IIFL Securities Branch Manager Salary 4 - 13 years exp. (10 salaries)	₹3.6 L/yr - ₹6 L/yr 36% less
SBI Securities Branch Manager Salary 9 - 17 years exp. (61 salaries)	₹3.7 L/yr - ₹10 L/yr 2% less
Geojit Financial Services Branch Manager Salary 5 - 16 years exp. (96 salaries)	₹3 L/yr - ₹7 L/yr 24% less	1 job opening
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Motilal Oswal Financial Services Branch Manager Salary 7 - 17 years exp. (54 salaries)	₹3.5 L/yr - ₹10.6 L/yr 3% more
SBI Mutual Fund Branch Manager Salary 4 - 12 years exp. (27 salaries)	₹4.5 L/yr - ₹10.7 L/yr 14% less
Reliance Capital Branch Manager Salary 3 - 15 years exp. (10 salaries)	₹2.5 L/yr - ₹7.8 L/yr 25% less
Franklin Templeton Investments Branch Manager Salary 6 - 8 years exp. (6 salaries)	₹8 L/yr - ₹18 L/yr 58% more

Branch Manager salary at Kotak Securities ranges between ₹4.1 Lakhs to ₹11.1 Lakhs per year for employees with experience between 7 years to 19 years. Salary estimates are based on 152 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Branch Manager salaries

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
7 years (14 salaries)	₹5.2 L/yr - ₹9.5 L/yr
8 years (13 salaries)	₹5 L/yr - ₹10.3 L/yr
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9 years (15 salaries)	₹4.1 L/yr - ₹11.1 L/yr
10 years (19 salaries)	₹4.4 L/yr - ₹9.2 L/yr
11 years (17 salaries)	₹4.9 L/yr - ₹10 L/yr
12 years (19 salaries)	₹4.1 L/yr - ₹9.8 L/yr
13 years (17 salaries)	₹4.1 L/yr - ₹9.8 L/yr
14 years (14 salaries)	₹4.5 L/yr - ₹9.8 L/yr
15+ years (24 salaries)	₹4.5 L/yr - ₹9.3 L/yr

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Similar Designation salaries in Kotak Securities

Area Manager Salary

(9 salaries)

₹9 L/yr - ₹18.5 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Sales Manager Salary

(20 salaries)

₹2.2 L/yr - ₹6.01 L/yr

Branch Incharge Salary

(4 salaries)

₹4.25 L/yr - ₹5.25 L/yr

Branch Head Salary

(5 salaries)

₹7 L/yr - ₹8.1 L/yr

Deputy Manager Salary

(1.6k salaries)

₹2.1 L/yr - ₹7.45 L/yr

Chief Manager Salary

(4 salaries)

₹6.5 L/yr - ₹15.01 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹5.3 L/yr - ₹6.8 L/yr

Senior Branch Manager Salary

(11 salaries)

₹5.75 L/yr - ₹8.5 L/yr

Deputy Branch Manager Salary

(5 salaries)

₹3.7 L/yr - ₹5 L/yr

Top skills at Kotak Securities for Branch Manager

Branch Management broking equity sales Relationship Management Sales Dealing Team Handling Equity brokerage Trading Revenue Generation demat stock Stock Market shares

Salary related reviews for Kotak Securities

3.5

Rated by 24 employees for salary & benefits

Deputy Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 14 Jun 2024

1.0

for Salary and Benefits

Likes

Salary on time and Saturday off

Dislikes

Vary bad work culture no any support from senior Specially cannot work with this Stupid Rohit Mahipal very worst fellow and because of him many employee resigned from KS even BM,Cluster Head, state Head etc. Really where he worked he made all office empty so don't work with him and later joined Chinmoy Sharma he is very oiling person to senior even bad bad performance from previous company but he joined here coz of reference stupid Rohit Mahipal.

Deputy Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Apr 2024

4.0

for Salary and Benefits

Likes

Salary is on time A fixed Fuel reimbursement is passed without hassle Good learning experience

Dislikes

There is very high pressure and toxic work environment Unrealistic expectations are set by the managers on a daily basis Managers don’t approve leaves easily There is no real training program and very little support from operations end

Deputy Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

During COVID pandemic company don't stop salary.

Dislikes

...y disappointed. HR BEHAVIOUR IS VERY BAD. HR is manipulated by Management. Not even salary hike 😕

Deputy Manager in Mumbai

Intern

Risk Management & Compliance Department

3.0

• posted on 08 Dec 2024

2.0

for Salary and Benefits

Likes

job timings are good

Dislikes

as per the name not getting gud salary hike, you are not able to get leave when you required and not even getting leave encashment it is got lapse if you are not utilising for that year. for silly reason they are not promoted you and not even gettting hike and bonus for one year so much disappointment for this.

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 19 Dec 2023

1.0

for Salary and Benefits

Likes

nothing

Dislikes

...ee & care & safety, not client problem solving supporting by senior management, not rise salary continues 3 years. high target pressure. manager not working and not listen and only politics. manager always partiality his favorite person (spy)

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Kotak Securities Branch Manager Salary FAQs

What is the salary of Branch Manager at Kotak Securities?

Branch Manager salary at Kotak Securities in India ranges between ₹4.1 Lakhs to ₹11.1 Lakhs for experience between 7 years to 19 years. According to our estimates it is 25% less than the average Branch Manager Salary in India. Salary estimates are based on 152 latest salaries received from various employees of Kotak Securities India.

How does the salary of a Branch Manager at Kotak Securities India compare with the average salary range for this job?

The average salary of a Branch Manager at Kotak Securities is 25% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at Kotak Securities?

Branch Management, broking, equity sales, Relationship Management and Sales are some of the popular skills required to work as a Branch Manager at Kotak Securities India.

Which similar companies are paying more than Kotak Securities to a Branch Manager in India?

Franklin Templeton Investments Branch Manager Salary - ₹8.0 Lakhs to ₹18.0 Lakhs per year
Sharekhan Branch Manager Salary - ₹4.2 Lakhs to ₹14.3 Lakhs per year
Axis Direct Branch Manager Salary - ₹5.8 Lakhs to ₹15.0 Lakhs per year
HDFC Securities Branch Manager Salary - ₹4.3 Lakhs to ₹13.1 Lakhs per year
ICICI Securities Branch Manager Salary - ₹4.0 Lakhs to ₹11.0 Lakhs per year

What is the salary of a Branch Manager in companies similar to Kotak Securities in India?

Motilal Oswal Financial Services Branch Manager Salary - ₹3.5 Lakhs to ₹10.6 Lakhs per year
Edelweiss Branch Manager Salary - ₹3.5 Lakhs to ₹11.1 Lakhs per year
SBI Securities Branch Manager Salary - ₹3.7 Lakhs to ₹10.0 Lakhs per year
Motilal Oswal Securities Branch Manager Salary - ₹2.3 Lakhs to ₹11.9 Lakhs per year
SBI Mutual Fund Branch Manager Salary - ₹4.5 Lakhs to ₹10.7 Lakhs per year

What is the estimated take home salary of a Branch Manager at Kotak Securities in India?

The estimated take-home salary of a Branch Manager at Kotak Securities ranges between ₹52,683 per month to ₹53,923 per month in India. The take-home salary calculation is based on the average Kotak Securities Branch Manager salary in India which ranges between ₹4.1 Lakhs to ₹11.1 Lakhs per year for employees with experience between 7 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at Kotak Securities?

According to AmbitionBox, 49% of the Kotak Securities Branch Managers reported a notice period of 2 Months, 35% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 93 responses on AmbitionBox in last 2 years.

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Kotak Securities Branch Manager Salaries

Kotak Securities Branch Manager salary in India ranges between ₹4.1 Lakhs to ₹11.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 152 Kotak Securities latest salaries received from various employees of Kotak Securities.

Kotak Securities Branch Manager salaries in India

Companies similar to Kotak Securities for Branch Manager

Latest annual salaries shared by Kotak Securities Branch Manager

Experience wise Kotak Securities Branch Manager salaries

Similar Designation salaries in Kotak Securities

Top skills at Kotak Securities for Branch Manager

Salary related reviews for Kotak Securities

Deputy Manager in Guwahati

Deputy Manager in Surat

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Kotak Securities Branch Manager Salary FAQs

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Kotak Securities Branch Manager Salaries by Location