Kotak Mahindra Bank Area Manager Salaries by 90+ Employees (Updated 2025)

10 - 21 years exp.

₹7 Lakhs - ₹27 Lakhs

Salary of majority employees

Unlock

62% more than the average Area Manager Salary in Banking Companies for 10 - 21 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 10 - 21 years exp. (47 salaries)	Unlock ₹7.4 L/yr - ₹31.1 L/yr
Sales & Business Development Area Manager Salary 10 - 21 years exp. (22 salaries)	Unlock ₹8.2 L/yr - ₹25.8 L/yr
Login to view exact salary
Customer Success, Service & Operations Area Manager Salary 11 - 18 years exp. (4 salaries)	Unlock ₹11 L/yr - ₹15.2 L/yr
Marketing & Communication Area Manager Salary 11 - 13 years exp. (3 salaries)	Unlock ₹9.1 L/yr - ₹18.9 L/yr
Finance & Accounting Area Manager Salary 10 - 20 years exp. (AmbitionBox Estimate)	Unlock ₹9.3 L/yr - ₹18 L/yr

Last Updated: 5 Mar 2025

Companies similar to Kotak Mahindra Bank for Area Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Manager Salary 6 - 18 years exp. (84 salaries)	Unlock ₹4.7 L/yr - ₹19.7 L/yr 26% less
ICICI Bank Area Manager Salary 2 - 17 years exp. (92 salaries)	Unlock ₹4.3 L/yr - ₹12 L/yr 44% less
Login to view exact salary
Axis Bank Area Manager Salary 5 - 16 years exp. (144 salaries)	Unlock ₹4.5 L/yr - ₹14.5 L/yr 46% less
Yes Bank Area Manager Salary 3 - 14 years exp. (16 salaries)	Unlock ₹5.8 L/yr - ₹16.6 L/yr 38% less
IndusInd Bank Area Manager Salary 10 - 19 years exp. (63 salaries)	Unlock ₹6.4 L/yr - ₹24.7 L/yr 5% less
IDFC FIRST Bank Area Manager Salary 4 - 20 years exp. (26 salaries)	Unlock ₹5 L/yr - ₹18 L/yr 23% less
RBL Bank Area Manager Salary 6 - 16 years exp. (19 salaries)	Unlock ₹3.8 L/yr - ₹11.5 L/yr 53% less
Federal Bank Area Manager Salary 9 - 18 years exp. (3 salaries)	Unlock ₹6.2 L/yr - ₹10 L/yr 47% less
Bandhan Bank Area Manager Salary 0 - 15 years exp. (349 salaries)	Unlock ₹2.4 L/yr - ₹10 L/yr 67% less
Ujjivan Small Finance Bank Area Manager Salary 7 - 18 years exp. (169 salaries)	Unlock ₹7 L/yr - ₹20.9 L/yr 13% less
Jana Small Finance Bank Area Manager Salary 2 - 12 years exp. (158 salaries)	Unlock ₹1.5 L/yr - ₹8 L/yr 70% less
Login to view exact salary
Utkarsh Small Finance Bank Area Manager Salary 4 - 12 years exp. (39 salaries)	Unlock ₹3.5 L/yr - ₹8.5 L/yr 64% less
Union Bank of India Area Manager Salary 7 - 18 years exp. (4 salaries)	Unlock ₹3.5 L/yr - ₹9 L/yr 66% less
Paytm Payments Bank Area Manager Salary 9 - 11 years exp. (4 salaries)	Unlock ₹6.3 L/yr - ₹8 L/yr 54% less

Area Manager salary at Kotak Mahindra Bank ranges between ₹7 Lakhs to ₹27 Lakhs per year for employees with experience between 10 years to 21 years. Salary estimates are based on 93 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Area Manager

2d ago

Unlock

13 years exp.

2d ago

Unlock

11 years exp.

6d ago

Unlock

17 years exp.

1mo ago

Unlock

11 years exp.

2mo ago

Unlock

13 years exp.

2mo ago

Unlock

11 years exp.

3mo ago

Unlock

10 years exp.

4mo ago

Unlock

11 years exp.

4mo ago

Unlock

16 years exp.

4mo ago

Unlock

13 years exp.

Experience wise Kotak Mahindra Bank Area Manager salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
10 years (11 salaries)	Unlock ₹8 L/yr - ₹19 L/yr
11 years (8 salaries)	Unlock ₹8 L/yr - ₹18 L/yr
Login to view exact salary
12 years (8 salaries)	Unlock ₹7 L/yr - ₹18.9 L/yr
13 years (11 salaries)	Unlock ₹8.2 L/yr - ₹19.8 L/yr
14 years (6 salaries)	Unlock ₹9.1 L/yr - ₹24 L/yr
15+ years (49 salaries)	Unlock ₹9 L/yr - ₹30.6 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Sales Manager Salary

(753 salaries)

Unlock

₹2.28 L/yr - ₹10 L/yr

Branch Manager Salary

(1k salaries)

Unlock

₹7 L/yr - ₹25.56 L/yr

Area Sales Manager Salary

(265 salaries)

Unlock

₹5.75 L/yr - ₹23 L/yr

Cluster Manager Salary

(63 salaries)

Unlock

₹3.95 L/yr - ₹16.24 L/yr

Deputy Manager Salary

(11.3k salaries)

Unlock

₹1.65 L/yr - ₹8.2 L/yr

Regional Manager Salary

(29 salaries)

Unlock

₹4.65 L/yr - ₹20.15 L/yr

Marketing Manager Salary

(30 salaries)

Unlock

₹4.2 L/yr - ₹15 L/yr

Business Manager Salary

(31 salaries)

Unlock

₹6.8 L/yr - ₹15.4 L/yr

Territory Manager Salary

(54 salaries)

Unlock

₹5.6 L/yr - ₹15.5 L/yr

Team Lead Salary

(417 salaries)

Unlock

₹1.5 L/yr - ₹6.79 L/yr

Top skills at Kotak Mahindra Bank for Area Manager

Relationship Management Team Handling Portfolio Management HNI Sales Wealth Management HNI Acquisition Team Handling HNI Sales Branch Banking Relationship Management Insurance Wealth Management Insurance Sales Area Management RM

Salary related reviews for Kotak Mahindra Bank

3.9

Rated by 17 employees for salary & benefits

Area Manager in Kolkata

Privy Department

2.0

• posted on 18 May 2018

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

... not done according to competency neither employees are trained enough to excel. Medical benefits are not provided by employer every month fees tworads mediclaim are deducted from employees salary and on that company only covers for 70 pct of total medical expenses

Salary - Bad

+6 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted 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

• posted 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

• posted 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

• posted 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

an assistant manager

With online education becoming more popular, many professionals are opting for an Online MBA instead of a traditional one. But does it really offer the same value? Some key questions to con... read more

Is an Online MBA Really Worth It?

Yes

34%

Can be, if properly planned

66%

3 participants . expiring in 2w

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Area Manager Salary FAQs

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

Area Manager salary at Kotak Mahindra Bank in India ranges between ₹7.0 Lakhs to ₹27.0 Lakhs for experience between 10 years to 21 years. According to our estimates it is 62% more than the average Area Manager Salary in India. Salary estimates are based on 93 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Area Manager at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Area Manager at Kotak Mahindra Bank is 62% more than the average salary of a Area Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Manager at Kotak Mahindra Bank?

Relationship Management, Team Handling, Portfolio Management, HNI Sales and Wealth Management are some of the popular skills required to work as a Area Manager at Kotak Mahindra Bank India.

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

IndusInd Bank Area Manager Salary - ₹6.4 Lakhs to ₹24.7 Lakhs per year
Ujjivan Small Finance Bank Area Manager Salary - ₹7.0 Lakhs to ₹20.9 Lakhs per year
IDFC FIRST Bank Area Manager Salary - ₹5.0 Lakhs to ₹18.0 Lakhs per year
HDFC Bank Area Manager Salary - ₹4.7 Lakhs to ₹19.7 Lakhs per year
Yes Bank Area Manager Salary - ₹5.8 Lakhs to ₹16.6 Lakhs per year

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

The estimated take-home salary of a Area Manager at Kotak Mahindra Bank ranges between ₹1,06,531 per month to ₹1,09,464 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Area Manager salary in India which ranges between ₹7.0 Lakhs to ₹27.0 Lakhs per year for employees with experience between 10 years to 21 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at Kotak Mahindra Bank?

According to AmbitionBox, 82% of the Kotak Mahindra Bank Area Managers reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 85 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Area Manager Salaries by Location

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Area Manager Salaries

Kotak Mahindra Bank Area Manager salary in India ranges between ₹7 Lakhs to ₹27 Lakhs with an average annual salary of ₹. Salary estimates are based on 93 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.