Kotak Securities Indore Relationship Manager Salaries by 4 Employees (Updated 2024)

0 - 5 years exp.

₹2.8 Lakhs - ₹4.3 Lakhs

Salary of majority employees

28% less than the average Relationship Manager Salary in Financial Services Companies for 0 - 5 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹4.4 L/yr
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Finance & Accounting Relationship Manager Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr

Last Updated: 30 Aug 2023

Companies similar to Kotak Securities for Relationship Manager in Indore

Kotak Securities Relationship Manager Salary

0 - 5 years exp. (4 salaries)

₹2.8 L/yr - ₹4.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Relationship Manager Salary 1 - 7 years exp. (35 salaries)	₹2 L/yr - ₹6 L/yr 4% less	1 job opening
ICICI Securities Relationship Manager Salary 0 - 5 years exp. (9 salaries)	₹3.2 L/yr - ₹4.7 L/yr 8% more	4 job openings
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Axis Direct Relationship Manager Salary 1 - 6 years exp. (4 salaries)	₹3.3 L/yr - ₹5 L/yr At par
Angel One Relationship Manager Salary 1 - 6 years exp. (19 salaries)	₹2 L/yr - ₹4 L/yr 29% less	1 job opening
Edelweiss Relationship Manager Salary 1 - 8 years exp. (15 salaries)	₹2.9 L/yr - ₹6 L/yr 12% more
Reliance Securities Relationship Manager Salary 1 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3.6 L/yr 23% less
IIFL Securities Relationship Manager Salary 0 - 10 years exp. (42 salaries)	₹1.6 L/yr - ₹4.5 L/yr 14% less

Relationship Manager salary at Kotak Securities ranges between ₹2.8 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Relationship Manager salaries in Indore

Last Updated: 30 Aug 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹6.8 L/yr
1 year (AmbitionBox Estimate)	₹2.8 L/yr - ₹6.8 L/yr
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2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.9 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.1 L/yr

View all

Similar Designation salaries in Kotak Securities

Deputy Manager Salary

(33 salaries)

₹3.2 L/yr - ₹6.5 L/yr

Territory Manager Salary

(3 salaries)

₹7.65 L/yr - ₹10.9 L/yr

Top skills at Kotak Securities for Relationship Manager

Sales demat Relationship Management New Client Acquisition broking Client Acquisition direct selling Investment Products Target Achievement Insurance Customer Relationship Financial Services brokerage Branch Sales Equity

Salary related reviews for Kotak Securities

3.5

Rated by 2 employees for salary & benefits

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 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)

Team Lead in Pathanamthitta, KOTTAYAM

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 22 Aug 2022

2.0

for Salary and Benefits

Likes

Incentive Structure.

Dislikes

...ship with Employee and Employer. Employees are Treated more often as Executives. Salary structure is not based on skill and expertise. Stagnant Growth and Career opportunities.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Kotak Securities Indore?

Relationship Manager salary at Kotak Securities in Indore ranges between ₹2.8 Lakhs to ₹4.3 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 28% less than the average Relationship Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Securities Indore.

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

The average salary of a Relationship Manager at Kotak Securities is 28% less than the average salary of a Relationship Manager in Indore. To know exact salary insights, login to view.

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

Sales, demat, Relationship Management, New Client Acquisition and broking are some of the popular skills required to work as a Relationship Manager at Kotak Securities Indore.

Which similar companies are paying more than Kotak Securities to a Relationship Manager in Indore?

Edelweiss Relationship Manager Salary - ₹2.9 Lakhs to ₹6.0 Lakhs per year
ICICI Securities Relationship Manager Salary - ₹3.2 Lakhs to ₹4.7 Lakhs per year
Axis Direct Relationship Manager Salary - ₹3.3 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Relationship Manager in companies similar to Kotak Securities in Indore?

HDFC Securities Relationship Manager Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
IIFL Securities Relationship Manager Salary - ₹1.6 Lakhs to ₹4.5 Lakhs per year
Reliance Securities Relationship Manager Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year
Angel One Relationship Manager Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Relationship Manager at Kotak Securities in Indore?

The estimated take-home salary of a Relationship Manager at Kotak Securities ranges between ₹29,104 per month to ₹30,481 per month in Indore. The take-home salary calculation is based on the average Kotak Securities Relationship Manager salary in India which ranges between ₹2.8 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at Kotak Securities in Indore?

According to AmbitionBox, 67% of the Kotak Securities Relationship Managers in Indore reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Kotak Securities Relationship Manager Salaries in Indore

Kotak Securities Relationship Manager salary in Indore ranges between ₹2.8 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Securities latest salaries received from various employees of Kotak Securities.