Kotak Securities Department Manager Salaries by 4 Employees

2 - 11 years exp.

₹3.9 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

7% less than the average Department Manager Salary in Financial Services Companies for 2 - 11 years of experience

Interested in this particular role?

Last Updated: 6 Jul 2024

Companies similar to Kotak Securities for Department Manager

Company name	Avg Annual Salary	Open Jobs
Fidelity International Department Manager Salary 8 - 13 years exp. (3 salaries)	₹13 L/yr - ₹42 L/yr 467% more
Reliance Retail Department Manager Salary 0 - 16 years exp. (2.5k salaries)	₹2 L/yr - ₹6.3 L/yr 17% less	5 job openings
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Vishal Mega Mart Department Manager Salary 1 - 12 years exp. (1.2k salaries)	₹1.8 L/yr - ₹5.1 L/yr 28% less	1 job opening
DMart Department Manager Salary 0 - 9 years exp. (1.1k salaries)	₹2 L/yr - ₹7 L/yr At par	10 job openings
Shoppers Stop Department Manager Salary 0 - 13 years exp. (795 salaries)	₹3.4 L/yr - ₹7 L/yr 10% more	2 job openings

Department Manager salary at Kotak Securities ranges between ₹3.9 Lakhs to ₹6 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Department Manager salaries

Last Updated: 6 Jul 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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4 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
9 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹10 L/yr

View all

Similar Designation salaries in Kotak Securities

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Operations Manager Salary

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Store Manager Salary

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₹19.8 L/yr - ₹25.3 L/yr

Sales Manager Salary

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Floor Manager Salary

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₹4.1 L/yr - ₹5.2 L/yr

Team Lead Salary

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Sales Officer Salary

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₹2.1 L/yr - ₹4.1 L/yr

Computer Operator Salary

(4 salaries)

₹1.5 L/yr - ₹9.15 L/yr

Data Entry Operator Salary

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₹0.96 L/yr - ₹1.75 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Kotak Securities

5.0

Rated by 1 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.

Salary - Bad

+6 more

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

Salary - Good

+2 more

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

Company culture - Bad

+1 more

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 😕

Salary - Bad

+6 more

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.

Salary - Poor

+5 more

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)

Salary - Bad

+5 more

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Kotak Securities Department Manager Salary FAQs

What is the salary of Department Manager at Kotak Securities ?

The average salary of a Department Manager at Kotak Securities in India typically ranges from ₹3.9 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Department Manager at Kotak Securities earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Department 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 4 Kotak Securities employees in India.

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

The estimated take-home salary of a Department Manager at Kotak Securities in India typically ranges from ₹36,490 to ₹37,707 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 2 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 4 salaries received from various employees of Kotak Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Securities for Department Manager in India?

Fidelity International	₹13.0 Lakhs to ₹42.0 Lakhs per year
Shoppers Stop	₹3.4 Lakhs to ₹7.0 Lakhs per year
DMart	₹2.0 Lakhs to ₹7.0 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 Department Manager in companies similar to Kotak Securities in India?

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

Reliance Retail	₹2.0 Lakhs to ₹6.3 Lakhs per year
Vishal Mega Mart	₹1.8 Lakhs to ₹5.1 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 Department Manager at Kotak Securities in India?

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

Experience	Average Salary Range
2 years	₹3.9 Lakhs to ₹4.3 Lakhs per year
3 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
4 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
5 years	₹4.2 Lakhs to ₹5.3 Lakhs per year

and so on.

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Kotak Securities Department Manager Salaries

Kotak Securities Department Manager salary in India ranges between ₹3.9 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Securities latest salaries received from various employees of Kotak Securities.

Kotak Securities Department Manager salaries in India

Companies similar to Kotak Securities for Department Manager

Latest annual salaries shared by Kotak Securities Department Manager

Experience wise Kotak Securities Department Manager salaries

Similar Designation salaries in Kotak Securities

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 Department Manager Salary FAQs

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