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

0 - 11 years exp.

₹2 Lakhs - ₹7.5 Lakhs

Salary of majority employees

Fixed (100%)

₹4.7 Lakhs

Variable (0%)

₹0.0

45% 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. (183 salaries)	₹2.4 L/yr - ₹6.8 L/yr
Customer Success, Service & Operations Deputy Manager Salary 0 - 11 years exp. (105 salaries)	₹2.6 L/yr - ₹7 L/yr
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Finance & Accounting Deputy Manager Salary 0 - 11 years exp. (97 salaries)	₹2 L/yr - ₹7 L/yr
Sales & Business Development Deputy Manager Salary 0 - 10 years exp. (24 salaries)	₹3.1 L/yr - ₹6.5 L/yr
Marketing & Communication Deputy Manager Salary 1 - 10 years exp. (9 salaries)	₹3.4 L/yr - ₹7.5 L/yr

Last Updated: 22 Mar 2025

Companies similar to Kotak Securities for Deputy Manager in Mumbai

Kotak Securities Deputy Manager Salary

0 - 11 years exp. (516 salaries)

₹2 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Direct Deputy Manager Salary 4 - 16 years exp. (65 salaries)	₹3.5 L/yr - ₹12 L/yr 75% more
Sharekhan Deputy Manager Salary 6 - 16 years exp. (37 salaries)	₹4.5 L/yr - ₹12.5 L/yr 65% more
Login to view exact salary
SBI Mutual Fund Deputy Manager Salary 2 - 10 years exp. (31 salaries)	₹6 L/yr - ₹13.5 L/yr 103% more	1 job opening
Reliance Capital Deputy Manager Salary 1 - 9 years exp. (18 salaries)	₹5.5 L/yr - ₹11 L/yr 50% more
Aditya Birla SunLife Asset Management Company Deputy Manager Salary 3 - 9 years exp. (11 salaries)	₹4.9 L/yr - ₹10.2 L/yr 72% more
Franklin Templeton Investments Deputy Manager Salary 9 - 11 years exp. (6 salaries)	₹13 L/yr - ₹20 L/yr 246% more
Apex Group Deputy Manager Salary 5 - 9 years exp. (3 salaries)	₹7 L/yr - ₹10.1 L/yr 93% 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.

Experience wise Kotak Securities Deputy Manager salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
Fresher (23 salaries)	₹3 L/yr - ₹6 L/yr
1 year (15 salaries)	₹3 L/yr - ₹7 L/yr
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2 years (42 salaries)	₹2 L/yr - ₹6.8 L/yr
3 years (68 salaries)	₹2.2 L/yr - ₹6.6 L/yr
4 years (85 salaries)	₹2 L/yr - ₹7.5 L/yr
5 years (94 salaries)	₹2.8 L/yr - ₹7 L/yr
6 years (63 salaries)	₹2.6 L/yr - ₹7.4 L/yr
7 years (33 salaries)	₹2.5 L/yr - ₹6.3 L/yr
8 years (47 salaries)	₹3.1 L/yr - ₹5.8 L/yr
9 years (20 salaries)	₹2.6 L/yr - ₹6 L/yr
10 years (19 salaries)	₹3.1 L/yr - ₹6.3 L/yr
11 years (7 salaries)	₹3.4 L/yr - ₹5.3 L/yr

View all

From

Deputy Manager

0 - 11 years exp.

Branch Manager

7 - 19 years exp.

From

View 3 more levels

Deputy Manager

0 - 11 years exp.

Deputy Vice President

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

Team Manager Salary

(19 salaries)

₹3.5 L/yr - ₹11 L/yr

Branch Manager Salary

(9 salaries)

₹5 L/yr - ₹11.08 L/yr

Project Manager Salary

(7 salaries)

₹8 L/yr - ₹20 L/yr

Cluster Manager Salary

(6 salaries)

₹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

2.8

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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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Kotak Securities Deputy Manager Salary FAQs

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

The average salary of a Deputy Manager at Kotak Securities in Mumbai typically ranges from ₹2.0 Lakhs to ₹7.5 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Deputy Manager in Mumbai at Kotak Securities earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Deputy 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 500+ Kotak Securities employees in India.

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 in Mumbai typically ranges from ₹34,929 to ₹36,170 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from Fresher 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 500+ 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 Deputy Manager at Kotak Securities in Mumbai?

To be a Deputy Manager at Kotak Securities in Mumbai, the key skills required include:

- Revenue Generation
- Trading
- brokerage
- equity sales
- Client Relationship Management

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 Deputy Manager in India?

Franklin Templeton Investments	₹13.0 Lakhs to ₹20.0 Lakhs per year
SBI Mutual Fund	₹6.0 Lakhs to ₹13.5 Lakhs per year
Apex Group	₹7.0 Lakhs to ₹10.1 Lakhs per year
Axis Direct	₹3.5 Lakhs to ₹12.0 Lakhs per year
Aditya Birla SunLife Asset Management Company	₹4.9 Lakhs to ₹10.2 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 Deputy Manager in companies similar to Kotak Securities in Mumbai?

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

Sharekhan	₹4.5 Lakhs to ₹12.5 Lakhs per year
Reliance Capital	₹5.5 Lakhs to ₹11.0 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 Deputy Manager at Kotak Securities in Mumbai?

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

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹6.0 Lakhs per year
1 year	₹3.0 Lakhs to ₹7.0 Lakhs per year
2 years	₹2.0 Lakhs to ₹6.8 Lakhs per year
3 years	₹2.2 Lakhs to ₹6.6 Lakhs per year

and so on.

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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

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Kotak Securities Deputy Manager Salary FAQs

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