Kotak Mahindra Bank Manager HRD Salaries by 3 Employees

0 - 12 years exp.

₹3.2 Lakhs - ₹16.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

Manager HRD Salary at Kotak Mahindra Bank ranges between ₹3.2 Lakhs to ₹16.1 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 3 latest... Read more

45% less than the average Manager HRD Salary in Banking Companies for 0 - 12 years of experience

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Last Updated: 22 Aug 2023

Companies similar to Kotak Mahindra Bank for Manager HRD

Company name	Avg Annual Salary	Open Jobs
Punjab National Bank Manager HRD Salary 6 - 8 years exp. (7 salaries)	₹8 L/yr - ₹16.5 L/yr 53% more
HDFC Bank Manager HRD Salary 6 - 7 years exp. (5 salaries)	₹7.6 L/yr - ₹14.6 L/yr 59% more
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Bandhan Bank Manager HRD Salary 4 - 12 years exp. (5 salaries)	₹6 L/yr - ₹12 L/yr 16% more

Utkarsh Small Finance Bank Manager HRD Salary 3 - 11 years exp. (5 salaries)	₹5.2 L/yr - ₹15 L/yr 17% more
Axis Bank Manager HRD Salary 3 - 14 years exp. (5 salaries)	₹3.7 L/yr - ₹11 L/yr At par
Bank of Baroda Manager HRD Salary 1 - 7 years exp. (4 salaries)	₹4.5 L/yr - ₹20 L/yr 34% more
ICICI Bank Manager HRD Salary 0 - 20 years exp. (3 salaries)	₹12 L/yr - ₹16 L/yr 80% more
State Bank of India Manager HRD Salary 9 - 31 years exp. (3 salaries)	₹15 L/yr - ₹25 L/yr 144% more

Jana Small Finance Bank Manager HRD Salary 12 - 15 years exp. (3 salaries)	₹4 L/yr - ₹8 L/yr 16% less
Shinhan Bank Manager HRD Salary 12 - 14 years exp. (3 salaries)	₹9 L/yr - ₹12 L/yr 26% more

Years of experience	Avg. annual salary
Fresher (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.6 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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12 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.5 L/yr

Similar Designation Salaries at Kotak Mahindra Bank

Similar Designation	Avg. annual salary
HR Manager 1 Salary (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
Team Lead Salary (361 salaries)	₹1.4 L/yr - ₹8.5 L/yr
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Assistant Manager HRD Salary (4 salaries)	₹2 L/yr - ₹3 L/yr
Deputy Manager Salary (11.6k salaries)	₹1.2 L/yr - ₹8.4 L/yr
HR Assistant Salary (7 salaries)	₹1.8 L/yr - ₹3.0 L/yr
US IT Recruiter Salary (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
Senior Associate Salary (135 salaries)	₹1.4 L/yr - ₹6.1 L/yr
Associate Consultant Salary (8 salaries)	₹2.3 L/yr - ₹3.1 L/yr
Administration Executive Salary (12 salaries)	₹2.2 L/yr - ₹4.5 L/yr
Talent Acquisition Executive Salary (8 salaries)	₹3 L/yr - ₹4 L/yr

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Salary Discussions, Hike & Promotions

an executive

The day I found out my colleague earns 30% more for the same role

It was an accidental slip. A teammate mentioned her CTC while we were chatting casually. Same designation, same team, joined after me but her salary was almost 30% more. My stomach dropped. I spent days debating whether to bring it up. I didn’t want to come off as insecure or difficult. But I also couldn’t un-know what I knew. Eventually, I had an honest, data-backed conversation with my manager. Turns out, I was right and they revised my pay. It wasn’t easy, but it taught me this: silence doesn’t protect you. Companies run on numbers. If you don’t negotiate, you leave money on the table. Have you ever been in a similar spot? How did you navigate it?

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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

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

Deputy Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• updated on 10 Mar 2024

2.0

for Salary and Benefits

Likes

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

Job security - Good

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.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• updated on 30 Dec 2023

3.0

for Salary and Benefits

Likes

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

Work-life balance - Good

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.

Skill development - Poor

+1 more

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Kotak Mahindra Bank Manager HRD Salary FAQs

How the salary growth look like for a Manager HRD at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
Fresher	₹2.9 Lakhs to ₹3.6 Lakhs per year
9 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
12 years	₹14.4 Lakhs to ₹18.5 Lakhs per year

and so on.

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Kotak Mahindra Bank Manager HRD Salaries

Kotak Mahindra Bank Manager HRD salary in India ranges between ₹3.2 Lakhs to ₹16.1 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.

Kotak Mahindra Bank Manager HRD salaries in India

Companies similar to Kotak Mahindra Bank for Manager HRD

Similar Designation Salaries at Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Deputy Manager in Hyderabad / Secunderabad

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Kotak Mahindra Bank Manager HRD Salary FAQs

Tell us how to improve this page.