Kotak Securities Manager M1 Salaries by 5 Employees (Updated 2024)

2 - 12 years exp.

₹4.6 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

41% less than the average Manager M1 Salary in Financial Services Companies for 2 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager M1 Salary 8 - 12 years exp. (3 salaries)	₹4.6 L/yr - ₹7 L/yr
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Human Resources Manager M1 Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 25 Sep 2024

Companies similar to Kotak Securities for Manager M1

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Manager M1 Salary 1 - 11 years exp. (80 salaries)	₹4 L/yr - ₹9.5 L/yr 1% less
HDFC Securities Manager M1 Salary 8 - 16 years exp. (6 salaries)	₹8.5 L/yr - ₹9.4 L/yr 29% more
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Axis Direct Manager M1 Salary 2 - 20 years exp. (4 salaries)	₹6.4 L/yr - ₹13 L/yr 39% more
Angel One Manager M1 Salary 10 - 12 years exp. (3 salaries)	₹5.2 L/yr - ₹6 L/yr 15% less
Motilal Oswal Financial Services Manager M1 Salary 4 - 6 years exp. (5 salaries)	₹4.7 L/yr - ₹7.7 L/yr 2% more
CSC Global Manager M1 Salary 2 - 16 years exp. (5 salaries)	₹18 L/yr - ₹25 L/yr 210% more
Better.com Manager M1 Salary 6 - 8 years exp. (4 salaries)	₹9.9 L/yr - ₹12.7 L/yr 62% more

Manager M1 salary at Kotak Securities ranges between ₹4.6 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Manager M1 salaries

Last Updated: 25 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹8 L/yr
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4 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
5 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
6 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹11.9 L/yr
9 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
10 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
11 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
12 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7 L/yr

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Similar Designation salaries in Kotak Securities

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Area Manager Salary

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₹9 L/yr - ₹18.5 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Team Lead Salary

(15 salaries)

₹4.83 L/yr - ₹13.8 L/yr

Branch Manager Salary

(152 salaries)

₹4.1 L/yr - ₹10.25 L/yr

Deputy Manager Salary

(1.6k salaries)

₹2.1 L/yr - ₹7.45 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.1 L/yr

Project Manager Salary

(11 salaries)

₹8 L/yr - ₹20 L/yr

Cluster Manager Salary

(45 salaries)

₹3.75 L/yr - ₹7.25 L/yr

Service Manager Salary

(3 salaries)

₹2.6 L/yr - ₹6.2 L/yr

Salary related reviews for Kotak Securities

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)

see more salary related reviews

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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 Manager M1 Salary FAQs

What is the salary of Manager M1 at Kotak Securities?

Manager M1 salary at Kotak Securities in India ranges between ₹4.6 Lakhs to ₹8.0 Lakhs for experience between 2 years to 12 years. According to our estimates it is 41% less than the average Manager M1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Securities India.

How does the salary of a Manager M1 at Kotak Securities India compare with the average salary range for this job?

The average salary of a Manager M1 at Kotak Securities is 41% less than the average salary of a Manager M1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Securities to a Manager M1 in India?

CSC Global Manager M1 Salary - ₹18.0 Lakhs to ₹25.0 Lakhs per year
Better.com Manager M1 Salary - ₹9.9 Lakhs to ₹12.7 Lakhs per year
Axis Direct Manager M1 Salary - ₹6.4 Lakhs to ₹13.0 Lakhs per year
HDFC Securities Manager M1 Salary - ₹8.5 Lakhs to ₹9.4 Lakhs per year
Motilal Oswal Financial Services Manager M1 Salary - ₹4.7 Lakhs to ₹7.7 Lakhs per year

What is the salary of a Manager M1 in companies similar to Kotak Securities in India?

ICICI Securities Manager M1 Salary - ₹4.0 Lakhs to ₹9.5 Lakhs per year
Angel One Manager M1 Salary - ₹5.2 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Manager M1 at Kotak Securities in India?

The estimated take-home salary of a Manager M1 at Kotak Securities ranges between ₹51,866 per month to ₹53,089 per month in India. The take-home salary calculation is based on the average Kotak Securities Manager M1 salary in India which ranges between ₹4.6 Lakhs to ₹8.0 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Manager M1 at Kotak Securities?

According to AmbitionBox, 50% of the Kotak Securities Manager M1s reported a notice period of 3 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Securities Manager M1 Salaries

Kotak Securities Manager M1 salary in India ranges between ₹4.6 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Securities latest salaries received from various employees of Kotak Securities.