Kotak Securities Deputy Manager Grade 2 Salaries by 40+ Employees (Updated 2025)

1 - 8 years exp.

₹2.8 Lakhs - ₹6 Lakhs

Salary of majority employees

44% less than the average Deputy Manager Grade 2 Salary in Financial Services Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Grade 2 Salary 1 - 7 years exp. (18 salaries)	₹3.1 L/yr - ₹5.5 L/yr
Sales & Business Development Deputy Manager Grade 2 Salary 1 - 8 years exp. (6 salaries)	₹3.1 L/yr - ₹3.8 L/yr
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Finance & Accounting Deputy Manager Grade 2 Salary 1 - 8 years exp. (4 salaries)	₹3.2 L/yr - ₹5 L/yr
Quality Assurance Deputy Manager Grade 2 Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹6 L/yr
Risk Management & Compliance Deputy Manager Grade 2 Salary 2 - 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.8 L/yr

Last Updated: 12 Jan 2025

Companies similar to Kotak Securities for Deputy Manager Grade 2

Company name	Avg Annual Salary	Open Jobs
Axis Direct Deputy Manager Grade 2 Salary 10 - 12 years exp. (3 salaries)	₹7.8 L/yr - ₹10.5 L/yr 154% more
ICICI Bank Deputy Manager Grade 2 Salary 0 - 15 years exp. (2.7k salaries)	₹3.1 L/yr - ₹11 L/yr 94% more
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Kotak Mahindra Bank Deputy Manager Grade 2 Salary 0 - 10 years exp. (798 salaries)	₹2.6 L/yr - ₹7 L/yr 27% more
HDFC Bank Deputy Manager Grade 2 Salary 1 - 11 years exp. (346 salaries)	₹3.6 L/yr - ₹7.8 L/yr 46% more
IndusInd Bank Deputy Manager Grade 2 Salary 2 - 11 years exp. (128 salaries)	₹2.8 L/yr - ₹6 L/yr 14% more

Deputy Manager Grade 2 salary at Kotak Securities ranges between ₹2.8 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 40 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Deputy Manager Grade 2 salaries

Last Updated: 12 Jan 2025

Experience	Avg Annual Salary
1 year (5 salaries)	₹3 L/yr - ₹6.6 L/yr
2 years (5 salaries)	₹2.8 L/yr - ₹4.5 L/yr
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3 years (6 salaries)	₹3 L/yr - ₹6 L/yr
4 years (5 salaries)	₹3 L/yr - ₹6 L/yr
5 years (5 salaries)	₹3 L/yr - ₹5 L/yr
6 years (7 salaries)	₹3.8 L/yr - ₹5.5 L/yr
7 years (4 salaries)	₹3.4 L/yr - ₹5.5 L/yr
8 years (3 salaries)	₹3.1 L/yr - ₹5 L/yr

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Similar Designation salaries in Kotak Securities

Deputy Manager Salary

(1.6k salaries)

₹2.2 L/yr - ₹7.55 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Branch Manager Salary

(152 salaries)

₹4.1 L/yr - ₹11.08 L/yr

Sales Manager Salary

(17 salaries)

₹2.2 L/yr - ₹6.01 L/yr

Operations Manager Salary

(13 salaries)

₹2.8 L/yr - ₹8 L/yr

Team Lead Salary

(13 salaries)

₹4.74 L/yr - ₹14.64 L/yr

Senior Analyst Salary

(3 salaries)

₹9.28 L/yr - ₹34.25 L/yr

Relationship Manager Salary

(177 salaries)

₹1.5 L/yr - ₹5 L/yr

Quality Analyst Salary

(5 salaries)

₹3.3 L/yr - ₹5.1 L/yr

Senior Associate Salary

(6 salaries)

₹3 L/yr - ₹4.4 L/yr

Salary related reviews for Kotak Securities

3.3

Rated by 8 employees for salary & benefits

Deputy Manager Grade 2 in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 02 Jun 2023

4.0

for Salary and Benefits

Likes

TA Claim Is good, Not Required to Claim , Traning Is Good , Salary On Time

Dislikes

Usage Pressure, Reporting Authority Is not Good HR not Supporting This Is Only Focused LI ,GI Not In Demat F&O Charges Is Very High Even Saturday is officialy off But Your Manager force to work

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Securities Deputy Manager Grade 2 Salary FAQs

What is the salary of Deputy Manager Grade 2 at Kotak Securities?

Deputy Manager Grade 2 salary at Kotak Securities in India ranges between ₹2.8 Lakhs to ₹6.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 44% less than the average Deputy Manager Grade 2 Salary in India. Salary estimates are based on 40 latest salaries received from various employees of Kotak Securities India.

How does the salary of a Deputy Manager Grade 2 at Kotak Securities India compare with the average salary range for this job?

The average salary of a Deputy Manager Grade 2 at Kotak Securities is 44% less than the average salary of a Deputy Manager Grade 2 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Securities to a Deputy Manager Grade 2 in India?

Axis Direct Deputy Manager Grade 2 Salary - ₹7.8 Lakhs to ₹10.5 Lakhs per year
ICICI Bank Deputy Manager Grade 2 Salary - ₹3.1 Lakhs to ₹11.0 Lakhs per year
HDFC Bank Deputy Manager Grade 2 Salary - ₹3.6 Lakhs to ₹7.8 Lakhs per year
Kotak Mahindra Bank Deputy Manager Grade 2 Salary - ₹2.6 Lakhs to ₹7.0 Lakhs per year
IndusInd Bank Deputy Manager Grade 2 Salary - ₹2.8 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Deputy Manager Grade 2 at Kotak Securities in India?

The estimated take-home salary of a Deputy Manager Grade 2 at Kotak Securities ranges between ₹28,080 per month to ₹29,473 per month in India. The take-home salary calculation is based on the average Kotak Securities Deputy Manager Grade 2 salary in India which ranges between ₹2.8 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager Grade 2 at Kotak Securities?

According to AmbitionBox, 51% of the Kotak Securities Deputy Manager Grade 2s reported a notice period of 1 Month, 19% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 43 responses on AmbitionBox in last 2 years.

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Kotak Securities Deputy Manager Grade 2 Salaries

Kotak Securities Deputy Manager Grade 2 salary in India ranges between ₹2.8 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 Kotak Securities latest salaries received from various employees of Kotak Securities.

Kotak Securities Deputy Manager Grade 2 salaries in India

Companies similar to Kotak Securities for Deputy Manager Grade 2

Latest annual salaries shared by Kotak Securities Deputy Manager Grade 2

Experience wise Kotak Securities Deputy Manager Grade 2 salaries

Similar Designation salaries in Kotak Securities

Salary related reviews for Kotak Securities

Deputy Manager Grade 2 in Kolkata

Deputy Manager in Guwahati

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Kotak Securities Deputy Manager Grade 2 Salary FAQs

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Kotak Securities Deputy Manager Grade 2 Salaries by Location