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Kotak Mahindra Bank Deputy Manager salaries in India with 0 - 12 years exp.

Average annual salary

4.9 Lakhs info icon
(₹1.7 L/yr - ₹7.5 L/yr)

Monthly in-hand salary

36,688 - ₹ 37,902 info icon

47% less than the average Deputy Manager Salary in Banking Companies for 0 - 12 years of experience

Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Salary
0 - 12 years exp. (4k salaries)
4.8 Lakhs

₹1.8 L/yr - ₹7.3 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
0 - 12 years exp. (2.2k salaries)
4.7 Lakhs

₹1.7 L/yr - ₹7.5 L/yr

Sales & Business Development
Deputy Manager Salary
0 - 11 years exp. (1.3k salaries)
5.1 Lakhs

₹2.1 L/yr - ₹7.5 L/yr

Finance & Accounting
Deputy Manager Salary
0 - 12 years exp. (1.1k salaries)
5 Lakhs

₹2 L/yr - ₹7.3 L/yr

Marketing & Communication
Deputy Manager Salary
0 - 12 years exp. (378 salaries)
5.1 Lakhs

₹2 L/yr - ₹7 L/yr

Last Updated: 20 May 2024

Personalize below salary insights based on your work experience. Add your work exp.

Companies similar to Kotak Mahindra Bank for Deputy Manager

Company name Avg Annual Salary
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ICICI Bank Deputy Manager Salary

0 - 15 years exp. (15.9k salaries)

6.2 Lakhs

₹1.9 L/yr - ₹8.5 L/yr

arrow icon 27% more
Logo
HDFC Bank Deputy Manager Salary

0 - 13 years exp. (14.7k salaries)

5.7 Lakhs

₹2 L/yr - ₹10.5 L/yr

arrow icon 16% more
Logo
Axis Bank Deputy Manager Salary

0 - 13 years exp. (10.1k salaries)

6 Lakhs

₹2 L/yr - ₹8.5 L/yr

arrow icon 22% more
Logo
State Bank of India Deputy Manager Salary

4 - 15 years exp. (620 salaries)

15.6 Lakhs

₹7 L/yr - ₹25 L/yr

arrow icon 219% more
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IndusInd Bank Deputy Manager Salary

0 - 13 years exp. (3.7k salaries)

4.6 Lakhs

₹1.7 L/yr - ₹7.5 L/yr

arrow icon 5% less
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Yes Bank Deputy Manager Salary

0 - 13 years exp. (3.2k salaries)

5.7 Lakhs

₹2.3 L/yr - ₹8.7 L/yr

arrow icon 16% more
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IDFC FIRST Bank Deputy Manager Salary

0 - 12 years exp. (1.9k salaries)

5.4 Lakhs

₹2.2 L/yr - ₹9.1 L/yr

arrow icon 11% more
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Bandhan Bank Deputy Manager Salary

0 - 12 years exp. (1.4k salaries)

5.2 Lakhs

₹2.5 L/yr - ₹7.5 L/yr

arrow icon 6% more
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RBL Bank Deputy Manager Salary

0 - 12 years exp. (1.3k salaries)

5.3 Lakhs

₹2.6 L/yr - ₹8 L/yr

arrow icon 9% more
Logo
AU Small Finance Bank Deputy Manager Salary

0 - 12 years exp. (697 salaries)

5.7 Lakhs

₹3 L/yr - ₹9 L/yr

arrow icon 16% more
4 Lakhs

₹2.5 L/yr - ₹5.5 L/yr

arrow icon 18% less
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Punjab National Bank Deputy Manager Salary

2 - 10 years exp. (54 salaries)

10.3 Lakhs

₹4.4 L/yr - ₹15.7 L/yr

arrow icon 111% more
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Standard Chartered Deputy Manager Salary

1 - 10 years exp. (27 salaries)

6.2 Lakhs

₹4.5 L/yr - ₹8 L/yr

arrow icon 27% more
4.7 Lakhs

₹3 L/yr - ₹6 L/yr

arrow icon 4% less
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HSBC Group Deputy Manager Salary

3 - 8 years exp. (15 salaries)

10.9 Lakhs

₹4.5 L/yr - ₹19.5 L/yr

arrow icon 123% more
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Bank of Baroda Deputy Manager Salary

3 - 11 years exp. (10 salaries)

7.4 Lakhs

₹4 L/yr - ₹13.2 L/yr

arrow icon 51% more
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Union Bank of India Deputy Manager Salary

3 - 10 years exp. (9 salaries)

10.3 Lakhs

₹8 L/yr - ₹14 L/yr

arrow icon 110% more
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NatWest Group Deputy Manager Salary

7 - 10 years exp. (7 salaries)

7.9 Lakhs

₹5 L/yr - ₹8.2 L/yr

arrow icon 62% more
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Canara Bank Deputy Manager Salary

0 - 12 years exp. (6 salaries)

8.6 Lakhs

₹7.6 L/yr - ₹10 L/yr

arrow icon 77% more
Logo
Citigroup Deputy Manager Salary

4 - 14 years exp. (6 salaries)

14.6 Lakhs

₹10 L/yr - ₹25.5 L/yr

arrow icon 199% more
View all
Average Kotak Mahindra Bank Deputy Manager salary in India is ₹4.9 Lakhs per year for employees with less than 1 year of experience to 12 years. Deputy Manager salary at Kotak Mahindra Bank ranges between ₹1.7 Lakh to ₹7.5 Lakhs per year. Salary estimates are based on 11.3k latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Deputy Manager

1d ago
5.3 Lakhs
4 years exp.
1d ago
3 Lakhs
3 years exp.
1d ago
4.8 Lakhs
4 years exp.
1d ago
4 Lakhs
2 years exp.
1d ago
6 Lakhs
5 years exp.
2d ago
6 Lakhs
1 year exp.
2d ago
5.5 Lakhs
7 years exp.
2d ago
5 Lakhs
4 years exp.
2d ago
5.6 Lakhs
7 years exp.
2d ago
5.5 Lakhs
5 years exp.

Experience wise Kotak Mahindra Bank Deputy Manager salaries

Last Updated: 20 May 2024

Experience Avg Annual Salary
Fresher (446 salaries)

4.9 Lakhs

(₹1.9 L/yr - ₹6.5 L/yr)
1 year (529 salaries)

4.7 Lakhs

(₹1.7 L/yr - ₹6.8 L/yr)
2 years (1.2k salaries)

4.6 Lakhs

(₹1.7 L/yr - ₹7 L/yr)
3 years (1.9k salaries)

4.5 Lakhs

(₹2 L/yr - ₹7.1 L/yr)
4 years (2.1k salaries)

4.6 Lakhs

(₹2 L/yr - ₹7.1 L/yr)
View all

Deputy Manager salaries sourced from jobs posted by Kotak Mahindra Bank

Last Updated: 8 Jan 2024

Experience Avg Annual Salary
0 - 2 years exp 2 - ₹ 3.3 Lakhs
2 - 4 years exp 2.3 - ₹ 7.4 Lakhs
4 - 6 years exp 3.2 - ₹ 8.1 Lakhs
6 - 8 years exp 4.1 - ₹ 8.5 Lakhs

Similar Designation salaries in Kotak Mahindra Bank

Store Manager Salary
(3 salaries)
17.4 Lakhs
₹3.7 L/yr - ₹26.3 L/yr
Branch Manager Salary
(819 salaries)
15.5 Lakhs
₹7.2 L/yr - ₹24.5 L/yr
Area Manager Salary
(91 salaries)
18.4 Lakhs
₹7.4 L/yr - ₹26.2 L/yr
10.8 Lakhs
₹5.25 L/yr - ₹15.5 L/yr
Sales Manager Salary
(710 salaries)
6.0 Lakhs
₹1.2 L/yr - ₹10.7 L/yr
13.0 Lakhs
₹6.1 L/yr - ₹20.78 L/yr
9.8 Lakhs
₹4 L/yr - ₹17.2 L/yr
10.1 Lakhs
₹6.8 L/yr - ₹15.4 L/yr
13.1 Lakhs
₹5.6 L/yr - ₹22.45 L/yr
5.8 Lakhs
₹1.5 L/yr - ₹10 L/yr

Top skills at Kotak Mahindra Bank for Deputy Manager

Field Sales Casa Insurance Customer Acquisition Direct Sales Current Account Saving Account Sales HNI Acquisition Business Development Banking Sales Cross Selling Personal Loans Business Banking Retail Sales

Salary related reviews for Kotak Mahindra Bank

Deputy Manager in Kolkata

Full Time

 · 

Sales & Business Development Department

1.0
posted on 10 Mar 2024

1.0 for Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

Deputy Manager in Mumbai

Full Time

 · 

Finance & Accounting Department

3.0
posted on 30 Dec 2023

2.0 for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Deputy Manager in Thane

Full Time

 · 

Customer Success, Service & Operations Department

3.0
posted on 18 Nov 2023

1.0 for Salary and Benefits

Likes

Work profile and process is good.

Dislikes

Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

Deputy Manager in Mumbai

Full Time

 · 

Risk Management & Compliance Department

4.0
posted on 04 Jun 2023

5.0 for Salary and Benefits

Likes

The company provides you a work life balance in which you are able to take many leaves whenever required and also having offs on weekends, Public holidays so no need to work on holidays.

Dislikes

1. Appraisal policy in Kotak is very weak. After receiving out of rating i.e., 5, you may receive less increment and bonus. 2. Also no outing / parties arrangement from company. 3.No Free transportation facility from company that you will get charged. 4.No hybrid work.

Deputy Manager in Navi Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

5.0
posted on 20 Nov 2023

5.0 for Salary and Benefits

Likes

Very good place to work. Good environment, great Learning, great support,great employee engagement

Dislikes

They should offer offer good package as per market so that they can hold their employees for a long long time

see more salary related reviews

Kotak Mahindra Bank Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Kotak Mahindra Bank?
Average Kotak Mahindra Bank Deputy Manager salary in India is ₹4.9 Lakhs for less than 1 year of experience to 12 years. Deputy Manager salary at Kotak Mahindra Bank India ranges between ₹1.7 Lakhs to ₹7.5 Lakhs. According to our estimates it is 47% less than the average Deputy Manager Salary in India. Salary estimates are based on 11.3k latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Deputy Manager at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Deputy Manager at Kotak Mahindra Bank is ₹4.9 Lakhs per year which is 47% less than average salary of a Deputy Manager in India which receives a salary of ₹9.3 Lakhs per year.
What are the top skills required to work as a Deputy Manager at Kotak Mahindra Bank?
Field Sales, Casa, Insurance, Customer Acquisition and Direct Sales are some of the popular skills required to work as a Deputy Manager at Kotak Mahindra Bank India.
Which similar companies are paying more than Kotak Mahindra Bank to a Deputy Manager in India?
  • Bank of America Deputy Manager Salary - 15.8 Lakhs per year
  • State Bank of India Deputy Manager Salary - 15.6 Lakhs per year
  • Citigroup Deputy Manager Salary - 14.6 Lakhs per year
  • Deutsche Bank Deputy Manager Salary - 13.2 Lakhs per year
  • Federal Bank Deputy Manager Salary - 12.1 Lakhs per year
What is the salary of a Deputy Manager in companies similar to Kotak Mahindra Bank in India?
  • HSBC Group Deputy Manager Salary - 10.9 Lakhs per year
  • Bank of India Deputy Manager Salary - 10.4 Lakhs per year
  • Punjab National Bank Deputy Manager Salary - 10.3 Lakhs per year
  • Union Bank of India Deputy Manager Salary - 10.3 Lakhs per year
  • Barclays Deputy Manager Salary - 10.3 Lakhs per year
What is the estimated take home salary of a Deputy Manager at Kotak Mahindra Bank in India?
The estimated take home salary of a Deputy Manager at Kotak Mahindra Bank ranges between ₹36,688 per month to ₹37,902 per month in India. The take home salary calculation is based on the average Kotak Mahindra Bank Deputy Manager salary in India which is ₹4.9 Lakhs per year for employees with less than 1 year of experience to 12 years Check how did we calculate take home salary?
How much salary Kotak Mahindra Bank as an employer is offering to a Deputy Manager in India?
Kotak Mahindra Bank is offering a Deputy Manager a salary in the range of 2 L/yr to 8.5 L/yr with experience ranging between 0 to 8 years of experience. Salary Estimates are based on the jobs submitted by Kotak Mahindra Bank
What is the notice period for Deputy Manager at Kotak Mahindra Bank?
According to AmbitionBox, 59% of the Kotak Mahindra Bank Deputy Managers reported a notice period of 3 Months, 27% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6.9k responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Deputy Manager salary in India ranges between ₹₹1.7 Lakh to ₹₹7.5 Lakhs with an average annual salary of ₹₹4.9 Lakhs. Salary estimates are based on 11.3k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.