Kotak Securities Mumbai Operations Manager Salaries by 4 Employees

6 - 10 years exp.

₹5.5 Lakhs - ₹10 Lakhs

Salary of majority employees

48% less than the average Operations Manager Salary in Financial Services Companies for 6 - 10 years of experience

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Last Updated: 8 Dec 2023

Companies similar to Kotak Securities for Operations Manager in Mumbai

Kotak Securities Operations Manager Salary

6 - 10 years exp. (4 salaries)

₹5.5 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
Ocwen Financial Solutions Operations Manager Salary 10 - 22 years exp. (12 salaries)	₹18 L/yr - ₹25.4 L/yr 285% more
CSC Operations Manager Salary 13 - 16 years exp. (11 salaries)	₹17.2 L/yr - ₹22.9 L/yr 250% more
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Morningstar Operations Manager Salary 11 - 14 years exp. (7 salaries)	₹16 L/yr - ₹27.5 L/yr 244% more
Wtw Global Delivery And Solutions Operations Manager Salary 18 - 22 years exp. (5 salaries)	₹19.5 L/yr - ₹24.5 L/yr 268% more
Axis Direct Operations Manager Salary 3 - 9 years exp. (3 salaries)	₹4 L/yr - ₹9.2 L/yr At par

Operations Manager salary at Kotak Securities ranges between ₹5.5 Lakhs to ₹10 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Operations Manager salaries in Mumbai

Last Updated: 8 Dec 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
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8 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
9 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
10 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr

Similar Designation salaries in Kotak Securities

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Relationship Manager Salary

(30 salaries)

₹1.55 L/yr - ₹4.5 L/yr

Team Manager Salary

(19 salaries)

₹3.5 L/yr - ₹11 L/yr

Branch Manager Salary

(9 salaries)

₹5 L/yr - ₹11.08 L/yr

Senior Operations Manager Salary

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₹4.5 L/yr - ₹7 L/yr

Salary related reviews for Kotak Securities

2.0

Rated by 2 employees for salary & benefits

Deputy Manager Grade 2 in Kochi

Full Time

Sales & Business Development Department

1.0

• posted on 22 Jan 2025

1.0

for Salary and Benefits

Likes

Likes nothing

Dislikes

Irresponsible HR Target for dealer is almost 16 times than monthly salary...highest in the industry Higher management sucks No entertainments like team outing, celebrations nothing Very low salary

Salary - Bad

+6 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

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 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

Salary - Good

+2 more

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

Company culture - Poor

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a manager - business analyst

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 Operations Manager Salary FAQs

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

The average salary of a Operations Manager at Kotak Securities in Mumbai typically ranges from ₹5.5 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Operations Manager in Mumbai at Kotak Securities earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Operations 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 Operations Manager at Kotak Securities in Mumbai?

The estimated take-home salary of a Operations Manager at Kotak Securities in Mumbai typically ranges from ₹43,367 to ₹44,482 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 6 years to 10 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 Operations Manager in India?

Ocwen Financial Solutions	₹18.0 Lakhs to ₹25.4 Lakhs per year
Wtw Global Delivery And Solutions	₹19.5 Lakhs to ₹24.5 Lakhs per year
CSC	₹17.2 Lakhs to ₹22.9 Lakhs per year
Morningstar	₹16.0 Lakhs to ₹27.5 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 Operations Manager in companies similar to Kotak Securities in Mumbai?

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

Axis Direct

₹4.0 Lakhs to ₹9.2 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 Operations Manager at Kotak Securities in Mumbai?

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

Experience	Average Salary Range
6 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
7 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
8 years	₹5.1 Lakhs to ₹6.6 Lakhs per year
9 years	₹5.2 Lakhs to ₹6.6 Lakhs per year

and so on.

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Kotak Securities Operations Manager Salaries in Mumbai

Kotak Securities Operations Manager salary in Mumbai ranges between ₹5.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Securities latest salaries received from various employees of Kotak Securities.