Kotak Mahindra Bank New Delhi Bank Manager Salaries by 3 Employees (Updated 2025)

3 - 6 years exp.

₹3.3 Lakhs - ₹7.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

Bank Manager Salary at Kotak Mahindra Bank ranges between ₹3.3 Lakhs to ₹7.8 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 3 latest salaries received... Read more

43% less than the average Bank Manager Salary in Banking Companies for 3 - 6 years of experience

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Last Updated: 20 Jan 2025

Companies similar to Kotak Mahindra Bank for Bank Manager in New Delhi

Kotak Mahindra Bank Bank Manager Salary

3 - 6 years exp. (3 salaries)

₹3.3 L/yr - ₹7.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Bank Manager Salary 3 - 17 years exp. (7 salaries)	₹5.7 L/yr - ₹14.6 L/yr 86% more
State Bank of India Bank Manager Salary 0 - 11 years exp. (5 salaries)	₹7.1 L/yr - ₹15.6 L/yr 104% more
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Bank of Baroda Bank Manager Salary 9 - 12 years exp. (5 salaries)	₹11.6 L/yr - ₹20.5 L/yr 168% more

Punjab National Bank Bank Manager Salary 7 - 12 years exp. (4 salaries)	₹11.2 L/yr - ₹16 L/yr 173% more
Canara Bank Bank Manager Salary 7 - 12 years exp. (3 salaries)	₹13 L/yr - ₹21.1 L/yr 176% more
ICICI Bank Bank Manager Salary 3 - 10 years exp. (3 salaries)	₹4.8 L/yr - ₹10.9 L/yr 33% more
HDFC Bank Bank Manager Salary 14 - 16 years exp. (3 salaries)	₹7.9 L/yr - ₹14.7 L/yr 92% more
Bandhan Bank Bank Manager Salary 4 - 9 years exp. (3 salaries)	₹2.1 L/yr - ₹7.3 L/yr 24% less

Years of experience	Avg. annual salary
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

Similar Designation Salaries at Kotak Mahindra Bank

Similar Designation	Avg. annual salary
Deputy Manager Salary (1.6k salaries)	₹2 L/yr - ₹8 L/yr
Credit Manager Salary (163 salaries)	₹4 L/yr - ₹15.4 L/yr
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Branch Manager Salary (129 salaries)	₹8 L/yr - ₹26 L/yr
Sales Manager Salary (100 salaries)	₹1.8 L/yr - ₹9.7 L/yr
Team Lead Salary (70 salaries)	₹2 L/yr - ₹8 L/yr
Sales Officer Salary (45 salaries)	₹2 L/yr - ₹3.5 L/yr
Area Sales Manager Salary (42 salaries)	₹7.3 L/yr - ₹23 L/yr
Branch Sales Manager Salary (34 salaries)	₹3.6 L/yr - ₹11.3 L/yr
Branch Head Salary (16 salaries)	₹13.5 L/yr - ₹22 L/yr
Finance Manager Salary (3 salaries)	₹3.5 L/yr - ₹7.4 L/yr

View more similar designations

Top trending discussions

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Salary Discussions, Hike & Promotions

a full stack developer

No Salary Discussion in My Appraisal — What’s Your Experience?

In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?

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Salary related reviews for Kotak Mahindra Bank

Deputy Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

3.0

• updated on 15 Apr 2025

2.0

for Salary and Benefits

Likes

Work friendly with team members.

Skill development - Good

Dislikes

...cpc branches, sitting capacity in branches very low . Number DST ALSO VERY LOW . DST salary also very low no increments for front line sales . and no promotions. Fully manual work with compared other banks and NBFC's. Even no festival holidays in month ends. Month end Sunday are working days.

Salary - Poor

Senior Relationship Manager in Ranchi

Full Time

Sales & Business Development Department

1.0

• updated on 02 Mar 2025

2.0

for Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

Salary - Poor

+6 more

Assistant Vice President in Ernakulam

Full Time

Finance & Accounting Department

4.0

• updated on 02 Jul 2024

1.0

for Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

Skill development - Good

+2 more

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

Salary - Bad

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• updated on 11 Jun 2024

2.0

for Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• updated on 18 May 2024

3.0

for Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

Skill development - Good

+1 more

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

Work satisfaction - Bad

+2 more

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Kotak Mahindra Bank Bank Manager Salary FAQs

How the salary growth look like for a Bank Manager at Kotak Mahindra Bank in New Delhi?

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

Experience	Average Salary Range
3 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
4 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
5 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
6 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Bank Manager Salaries in New Delhi

Kotak Mahindra Bank Bank Manager salary in New Delhi ranges between ₹3.3 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.