Kotak Securities Mumbai Deputy Manager Salaries by 500+ Employees (Updated 2025)

0 - 11 years exp.

₹2 Lakhs - ₹7.5 Lakhs

Salary of majority employees

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46% less than the average Deputy Manager Salary in Financial Services Companies for 0 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 0 - 11 years exp. (188 salaries)	Unlock ₹2.4 L/yr - ₹6.8 L/yr
Customer Success, Service & Operations Deputy Manager Salary 0 - 11 years exp. (103 salaries)	Unlock ₹2.6 L/yr - ₹7 L/yr
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Finance & Accounting Deputy Manager Salary 0 - 11 years exp. (96 salaries)	Unlock ₹2 L/yr - ₹7 L/yr
Sales & Business Development Deputy Manager Salary 0 - 10 years exp. (24 salaries)	Unlock ₹3.1 L/yr - ₹6.5 L/yr
Marketing & Communication Deputy Manager Salary 1 - 10 years exp. (9 salaries)	Unlock ₹3.4 L/yr - ₹7.5 L/yr

Last Updated: 1 Mar 2025

Companies similar to Kotak Securities for Deputy Manager in Mumbai

Kotak Securities Deputy Manager Salary

0 - 11 years exp. (516 salaries)

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₹2 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Deputy Manager Salary 4 - 12 years exp. (91 salaries)	Unlock ₹3.6 L/yr - ₹10 L/yr 52% more
ICICI Securities Deputy Manager Salary 0 - 5 years exp. (6 salaries)	Unlock ₹4.2 L/yr - ₹6 L/yr 19% more
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Axis Direct Deputy Manager Salary 4 - 16 years exp. (67 salaries)	Unlock ₹3.5 L/yr - ₹12 L/yr 70% more
Sharekhan Deputy Manager Salary 6 - 16 years exp. (34 salaries)	Unlock ₹4.5 L/yr - ₹10 L/yr 61% more
Angel One Deputy Manager Salary 2 - 11 years exp. (82 salaries)	Unlock ₹3 L/yr - ₹10 L/yr 46% more
SBI Mutual Fund Deputy Manager Salary 2 - 10 years exp. (30 salaries)	Unlock ₹6 L/yr - ₹13.5 L/yr 103% more	1 job opening
Reliance Securities Deputy Manager Salary 3 - 16 years exp. (28 salaries)	Unlock ₹4.4 L/yr - ₹12 L/yr 52% more
Reliance Capital Deputy Manager Salary 1 - 9 years exp. (18 salaries)	Unlock ₹5.5 L/yr - ₹11 L/yr 52% more
IIFL Securities Deputy Manager Salary 3 - 14 years exp. (18 salaries)	Unlock ₹4.2 L/yr - ₹8.5 L/yr 50% more
Motilal Oswal Financial Services Deputy Manager Salary 6 - 11 years exp. (6 salaries)	Unlock ₹3.5 L/yr - ₹8 L/yr 24% more
Franklin Templeton Investments Deputy Manager Salary 9 - 11 years exp. (5 salaries)	Unlock ₹13 L/yr - ₹20 L/yr 295% more
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Apex Group Deputy Manager Salary 5 - 9 years exp. (3 salaries)	Unlock ₹7 L/yr - ₹10.1 L/yr 96% more

Deputy Manager salary at Kotak Securities ranges between ₹2 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 516 latest salaries received from various employees of Kotak Securities.

Latest annual salaries shared by Kotak Securities Deputy Manager in Mumbai

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5 years exp.

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3 years exp.

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5 years exp.

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5 years exp.

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3 years exp.

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4 years exp.

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6 years exp.

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8 years exp.

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7 years exp.

Experience wise Kotak Securities Deputy Manager salaries in Mumbai

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
Fresher (22 salaries)	Unlock ₹3 L/yr - ₹6 L/yr
1 year (14 salaries)	Unlock ₹3 L/yr - ₹6.4 L/yr
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2 years (42 salaries)	Unlock ₹2 L/yr - ₹6.8 L/yr
3 years (67 salaries)	Unlock ₹2.2 L/yr - ₹6.6 L/yr
4 years (84 salaries)	Unlock ₹2 L/yr - ₹7.5 L/yr
5 years (96 salaries)	Unlock ₹2.8 L/yr - ₹7 L/yr
6 years (63 salaries)	Unlock ₹2.6 L/yr - ₹7.4 L/yr
7 years (33 salaries)	Unlock ₹2.5 L/yr - ₹6.3 L/yr
8 years (49 salaries)	Unlock ₹2.7 L/yr - ₹5.8 L/yr
9 years (19 salaries)	Unlock ₹2.6 L/yr - ₹6 L/yr
10 years (19 salaries)	Unlock ₹3.1 L/yr - ₹6.3 L/yr
11 years (8 salaries)	Unlock ₹3.4 L/yr - ₹5.3 L/yr

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From

Deputy Manager

₹

Lakhs/yr

0 - 11 years exp.

Deputy Vice President

₹

Lakhs/yr

11 - 18 years exp.

Deputy Manager 0 - 11 years exp.

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Manager 0 - 16 years exp.

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68% hike

Senior Manager 5 - 18 years exp.

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76% hike

From

Deputy Manager

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0 - 11 years exp.

Branch Manager

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7 - 19 years exp.

Similar Designation salaries in Kotak Securities

Team Manager Salary

(19 salaries)

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₹3.5 L/yr - ₹8 L/yr

Branch Manager Salary

(10 salaries)

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₹5 L/yr - ₹11.5 L/yr

Project Manager Salary

(7 salaries)

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₹8 L/yr - ₹20 L/yr

Cluster Manager Salary

(6 salaries)

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₹3.85 L/yr - ₹6 L/yr

Top skills at Kotak Securities for Deputy Manager

Revenue Generation Trading brokerage equity sales Client Relationship Management Equity Broking HNI Acquisition Revenue Generation Equity Broking Client Relationship Management Brokerage Client Acquisition client servicing stock broking Equity Trading

Salary related reviews for Kotak Securities

2.9

Rated by 51 employees for salary & benefits

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 Mumbai

Sales & Business Development Department

5.0

• posted on 24 May 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture.teammates are supportive and the management is transparent.

Skill development - Good

+2 more

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow

Deputy Manager in Mumbai

IT Department

2.0

• posted on 24 Oct 2018

3.0

for Salary and Benefits

Likes

Teammates were helpfull. Persons at higher positions doesnt trust deputy's and assistant managers and dont assign work. So basically if you want to do timepass then this is the best company for it.

Job security - Excellent

Dislikes

No work. No work life balance. Package is very less compared to company standards.

Skill development - Bad

+4 more

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

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Kotak Securities Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Kotak Securities Mumbai?

Deputy Manager salary at Kotak Securities in Mumbai ranges between ₹2.0 Lakhs to ₹7.5 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 46% less than the average Deputy Manager Salary in India. Salary estimates are based on 516 latest salaries received from various employees of Kotak Securities Mumbai.

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

The average salary of a Deputy Manager at Kotak Securities is 46% less than the average salary of a Deputy Manager in Mumbai. To know exact salary insights, login to view.

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

Revenue Generation, Trading, brokerage, equity sales and Client Relationship Management are some of the popular skills required to work as a Deputy Manager at Kotak Securities Mumbai.

Which similar companies are paying more than Kotak Securities to a Deputy Manager in Mumbai?

Franklin Templeton Investments Deputy Manager Salary - ₹13.0 Lakhs to ₹20.0 Lakhs per year
SBI Mutual Fund Deputy Manager Salary - ₹6.0 Lakhs to ₹13.5 Lakhs per year
Apex Group Deputy Manager Salary - ₹7.0 Lakhs to ₹10.1 Lakhs per year
Axis Direct Deputy Manager Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year
Sharekhan Deputy Manager Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Deputy Manager in companies similar to Kotak Securities in Mumbai?

HDFC Securities Deputy Manager Salary - ₹3.6 Lakhs to ₹10.0 Lakhs per year
Reliance Securities Deputy Manager Salary - ₹4.4 Lakhs to ₹12.0 Lakhs per year
Reliance Capital Deputy Manager Salary - ₹5.5 Lakhs to ₹11.0 Lakhs per year
IIFL Securities Deputy Manager Salary - ₹4.2 Lakhs to ₹8.5 Lakhs per year
Angel One Deputy Manager Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at Kotak Securities ranges between ₹34,465 per month to ₹35,713 per month in Mumbai. The take-home salary calculation is based on the average Kotak Securities Deputy Manager salary in India which ranges between ₹2.0 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at Kotak Securities in Mumbai?

According to AmbitionBox, 52% of the Kotak Securities Deputy Managers in Mumbai reported a notice period of 3 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 322 responses on AmbitionBox in last 2 years.

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Kotak Securities Deputy Manager Salaries in Mumbai

Kotak Securities Deputy Manager salary in Mumbai ranges between ₹2 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 516 Kotak Securities latest salaries received from various employees of Kotak Securities.

Kotak Securities Deputy Manager salaries in Mumbai (Updated 2025)

Companies similar to Kotak Securities for Deputy Manager in Mumbai

Latest annual salaries shared by Kotak Securities Deputy Manager in Mumbai

Experience wise Kotak Securities Deputy Manager salaries in Mumbai

Similar Designation salaries in Kotak Securities

Top skills at Kotak Securities for Deputy Manager

Salary related reviews for Kotak Securities

Deputy Manager in Mumbai

Deputy Manager in Mumbai

Deputy Manager in Mumbai

Deputy Manager in Guwahati

Deputy Manager in Surat

Kotak Securities Deputy Manager Salary FAQs

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