Kotak Mahindra Bank Assistant Manager Salaries by 12000+ Employees (Updated 2025)

0 - 9 years exp.

₹1.2 Lakh - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

Assistant Manager Salary at Kotak Mahindra Bank ranges between ₹1.2 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 12.7k latest... Read more

59% less than the average Assistant Manager Salary in Banking Companies for 0 - 9 years of experience

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Last Updated: 15 May 2025

Companies similar to Kotak Mahindra Bank for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Axis Bank Assistant Manager Salary 0 - 10 years exp. (14.9k salaries)	₹1.8 L/yr - ₹6 L/yr 15% more
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (10.2k salaries)	₹1.8 L/yr - ₹6 L/yr 15% more
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HDFC Bank Assistant Manager Salary 0 - 10 years exp. (9.5k salaries)	₹1.7 L/yr - ₹7.5 L/yr 9% more
Yes Bank Assistant Manager Salary 0 - 10 years exp. (3.3k salaries)	₹2 L/yr - ₹6.7 L/yr 26% more
Bandhan Bank Assistant Manager Salary 0 - 12 years exp. (2.3k salaries)	₹1.9 L/yr - ₹5.8 L/yr 8% more
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (2.2k salaries)	₹1.5 L/yr - ₹6.3 L/yr 9% more
Bank of America Assistant Manager Salary 2 - 18 years exp. (1.9k salaries)	₹7.4 L/yr - ₹26.1 L/yr 378% more	21 job openings
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IDFC FIRST Bank Assistant Manager Salary 0 - 11 years exp. (1.6k salaries)	₹2.1 L/yr - ₹7.1 L/yr 38% more
RBL Bank Assistant Manager Salary 0 - 10 years exp. (1.3k salaries)	₹1.8 L/yr - ₹7 L/yr 18% more
Barclays Assistant Manager Salary 2 - 15 years exp. (1.1k salaries)	₹6.7 L/yr - ₹25 L/yr 320% more

View all

From

Assistant Manager

0 - 9 years exp.

Deputy Manager

0 - 13 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.

Latest annual salaries shared by Kotak Mahindra Bank Assistant Manager

1d ago

₹3 Lakhs

1 year exp.

1d ago

₹3.1 Lakhs

2 years exp.

1d ago

₹4.4 Lakhs

2 years exp.

1d ago

₹3.7 Lakhs

6 years exp.

1d ago

₹4.5 Lakhs

5 years exp.

1d ago

5 years exp.

1d ago

3 years exp.

1d ago

7 years exp.

1d ago

6 years exp.

2d ago

1 year exp.

Kotak Mahindra Bank Assistant Manager salaries by

Years of experience	Avg. annual salary
Fresher (1.2k salaries)	₹1.3 L/yr - ₹4.7 L/yr
1 year (2.3k salaries)	₹1.5 L/yr - ₹4.8 L/yr
Login to view exact salary
2 years (2.8k salaries)	₹1.2 L/yr - ₹4.8 L/yr
3 years (2.4k salaries)	₹1.5 L/yr - ₹5 L/yr
4 years (1.7k salaries)	₹1.5 L/yr - ₹5 L/yr
5 years (1.2k salaries)	₹1.8 L/yr - ₹5 L/yr
6 years (645 salaries)	₹2 L/yr - ₹5 L/yr
7 years (274 salaries)	₹2.2 L/yr - ₹4.7 L/yr
8 years (136 salaries)	₹2.5 L/yr - ₹4.7 L/yr
9 years (41 salaries)	₹3.1 L/yr - ₹4.3 L/yr

View all salaries by experience

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Branch Manager Salary

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Top trending discussions

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Salary Discussions, Hike & Promotions

ambitiousflash

works at

Kalpataru Projects International

Unexpected Appraisal-2025

I am 24 years old for the last three years I have been working in the same company. My first appraisal was Excellent 45% when I was trainee engineer to Junior Engineer 2023, I learnt lots of things WTP automation, Planning, Projects Management,MEP, SAP etc. Second appraisal- as junior Engineer 2024 was poor they give me B-Grade 4.4% during this time I worked hard. Day night shift I was shocked why management give bad. I thought to my seniors they said we will give best. Third appraisal also same 4.4% as Junior Engineer to Assistant Engineer with C grade 2025 I am to disappoint with my top management my manager said to me, without my feedback top management give poor rating. then what will I do? My CTC is very low 2.98 LPA After this appraisal 3.13 LPA Please help me for carrier growth.

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Salary related reviews for Kotak Mahindra Bank

3.5

Rated by 3.5k employees for salary & benefits

Assistant Manager in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 18 Apr 2025

3.0

for Salary and Benefits

Likes

Support and encouragement is and employees coordination and bonding with colleagues work culture is so good.

Job security - Excellent

+2 more

Dislikes

Not good salary hikes we have make buckets to managers who will put more bucket they will get good hikes ad promotions, Thier is no promotions for hardwork

Promotions - Poor

Assistant Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

4.0

• posted on 02 Apr 2025

3.0

for Salary and Benefits

Likes

highlight your interest in their innovative digital banking services, focus on customer satisfaction, and rapid growth, aligning your skills and experience with their values and goals.

Skill development - Good

+2 more

Dislikes

Not grown in the bank and salary also low

Assistant Manager in Jalandhar

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 09 Oct 2024

2.0

for Salary and Benefits

Likes

Fixed salary

Dislikes

work culture is very horrible Not supportive attitude of seniors Fake commitments of salary hike No pay for overtimings 365 days (excluded public holidays) never close branch after 7:30 or 8 .

Salary - Poor

+5 more

Assistant Manager in Rajkot

Full Time

Sales & Business Development Department

1.0

• posted on 22 Mar 2024

4.0

for Salary and Benefits

Likes

Salary and appraisal Benefits

Salary - Good

+1 more

Dislikes

There are no worklife balance many times we worked more than 12 hours manager use abusing words if we can't complete our targets HR also useless many times i tried to complain about this culture but HR can't take any action. I request you to change this culture if you can.

Skill development - Poor

+4 more

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 12 Oct 2023

3.0

for Salary and Benefits

Likes

Company is having excellent relationship with their customers and employees. Company is providing salary on time. there is a lot of things which l learnt from there. I'm thankful that I joined the kotak Mahindra Bank

Skill development - Good

+2 more

Dislikes

There is some maneger who is having a very bad attitudes. They provide you a lot of pressure regarding to Target. They humiliat you in front of a lot of person. Due to a few manager in this organisation, the environment is not good specially this manager zone. they don't leave us on time.

see more salary related reviews

Kotak Mahindra Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Kotak Mahindra Bank ?

The average salary of a Assistant Manager at Kotak Mahindra Bank in India typically ranges from ₹1.2 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Assistant Manager at Kotak Mahindra Bank earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Assistant Manager Salaries at Kotak Mahindra Bank 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 12000+ Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a Assistant Manager at Kotak Mahindra Bank in India?

The estimated take-home salary of a Assistant Manager at Kotak Mahindra Bank in India typically ranges from ₹25,733 to ₹27,161 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 9 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 12000+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at Kotak Mahindra Bank ?

To be a Assistant Manager at Kotak Mahindra Bank in india, the key skills required include:

- Casa
- Current Account
- Sales
- Insurance
- Field Sales

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindra Bank for Assistant Manager in India?

Bank of America	₹7.4 Lakhs to ₹26.1 Lakhs per year
Barclays	₹6.7 Lakhs to ₹25.0 Lakhs per year
Barclays Investment Bank	₹7.5 Lakhs to ₹16.3 Lakhs per year
State Bank of India	₹5.4 Lakhs to ₹20.0 Lakhs per year
IDBI Bank	₹6.0 Lakhs to ₹21.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.

What is the salary of a Assistant Manager in companies similar to Kotak Mahindra Bank in India?

The salary of a Assistant Manager at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bank of Baroda	₹5.6 Lakhs to ₹21.0 Lakhs per year
Canara Bank	₹6.0 Lakhs to ₹22.0 Lakhs per year
Federal Bank	₹6.0 Lakhs to ₹22.0 Lakhs per year
Standard Chartered	₹5.2 Lakhs to ₹21.7 Lakhs per year
J&K Bank	₹11.4 Lakhs to ₹13.0 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 Assistant Manager at Kotak Mahindra Bank in India?

The salary growth for a Assistant Manager at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Assistant Manager can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
Fresher	₹1.3 Lakhs to ₹4.7 Lakhs per year
1 year	₹1.5 Lakhs to ₹4.8 Lakhs per year
2 years	₹1.2 Lakhs to ₹4.8 Lakhs per year
3 years	₹1.5 Lakhs to ₹5.0 Lakhs per year

and so on.

Top skills at Kotak Mahindra Bank for Assistant Manager

Casa Current Account Sales Insurance Field Sales

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Kotak Mahindra Bank Assistant Manager Salaries by Location

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Kotak Mahindra Bank Assistant Manager Salaries

Kotak Mahindra Bank Assistant Manager salary in India ranges between ₹1.2 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12.7k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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Kotak Mahindra Bank Assistant Manager salaries in India (Updated 2025)

Companies similar to Kotak Mahindra Bank for Assistant Manager

Latest annual salaries shared by Kotak Mahindra Bank Assistant Manager

Kotak Mahindra Bank Assistant Manager salaries by

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Assistant Manager in Bangalore / Bengaluru

Assistant Manager in Bangalore / Bengaluru

Assistant Manager in Jalandhar

Assistant Manager in Rajkot

Assistant Manager in Mumbai

Kotak Mahindra Bank Assistant Manager Salary FAQs

Top skills at Kotak Mahindra Bank for Assistant Manager

Tell us how to improve this page.

Kotak Mahindra Bank Assistant Manager Salaries by Location