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Kotak Mahindra Bank Area Manager salaries in Udaipur

Annual salary range
10 - 18 years exp.
₹13 Lakhs - ₹18 Lakhs
Salary of majority employees
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51% more than the average Area Manager Salary in Banking Companies for 10 - 18 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Area Manager Salary
17 - 18 years exp. (AmbitionBox Estimate)
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₹7.7 L/yr - ₹15.2 L/yr

BFSI, Investments & Trading
Area Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹13 L/yr - ₹23.2 L/yr

Sales & Business Development
Area Manager Salary
17 years exp. (AmbitionBox Estimate)
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₹7.8 L/yr - ₹18 L/yr

Last Updated: 21 Aug 2024

Companies similar to Kotak Mahindra Bank for Area Manager in Udaipur

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Kotak Mahindra Bank Area Manager Salary

10 - 18 years exp. (4 salaries)

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₹13 L/yr - ₹18 L/yr

vs
Company name Avg Annual Salary Open Jobs
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FLSmidth Area Manager Salary

10 - 13 years exp. (3 salaries)

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₹15.5 L/yr - ₹16.7 L/yr

arrow icon 13% more
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Max Life Insurance Area Manager Salary

12 - 14 years exp. (3 salaries)

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₹5.8 L/yr - ₹8.5 L/yr

arrow icon 47% less
14 job openings
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Reliance Industries Area Manager Salary

4 - 8 years exp. (3 salaries)

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₹7.7 L/yr - ₹10 L/yr

arrow icon 30% less
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₹7.6 L/yr - ₹9.7 L/yr

arrow icon 45% less
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Wind World Area Manager Salary

9 - 11 years exp. (3 salaries)

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₹7.5 L/yr - ₹8 L/yr

arrow icon 46% less
Area Manager salary at Kotak Mahindra Bank ranges between ₹13 Lakhs to ₹18 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Area Manager in Udaipur

4mo ago
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18 years exp.
9mo ago
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17 years exp.
10mo ago
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10 years exp.
1y ago
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17 years exp.

Experience wise Kotak Mahindra Bank Area Manager salaries in Udaipur

Last Updated: 21 Aug 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹13 L/yr
11 years (AmbitionBox Estimate)

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₹9.4 L/yr - ₹12 L/yr
12 years (AmbitionBox Estimate)

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₹10.1 L/yr - ₹12.9 L/yr
13 years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹13.9 L/yr
14 years (AmbitionBox Estimate)

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₹11.8 L/yr - ₹15 L/yr
View all

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

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

read more

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.

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Dislikes

Salary, promortion - these are the worst over here.

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.

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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.

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Full Time

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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.

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.

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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.

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.

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Kotak Mahindra Bank Area Manager Salary FAQs

What is the salary of Area Manager at Kotak Mahindra Bank Udaipur?
Area Manager salary at Kotak Mahindra Bank in Udaipur ranges between ₹13.0 Lakhs to ₹18.0 Lakhs for experience between 10 years to 18 years. According to our estimates it is 51% more than the average Area Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank Udaipur.
How does the salary of a Area Manager at Kotak Mahindra Bank Udaipur compare with the average salary range for this job?
The average salary of a Area Manager at Kotak Mahindra Bank is 51% more than the average salary of a Area Manager in Udaipur. 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 Udaipur.
Which similar companies are paying more than Kotak Mahindra Bank to a Area Manager in Udaipur?
  • FLSmidth Area Manager Salary - ₹15.5 Lakhs to ₹16.7 Lakhs per year
What is the salary of a Area Manager in companies similar to Kotak Mahindra Bank in Udaipur?
  • Reliance Industries Area Manager Salary - ₹7.7 Lakhs to ₹10.0 Lakhs per year
  • Luminous Power Technologies Area Manager Salary - ₹7.6 Lakhs to ₹9.7 Lakhs per year
  • Wind World Area Manager Salary - ₹7.5 Lakhs to ₹8.0 Lakhs per year
  • Max Life Insurance Area Manager Salary - ₹5.8 Lakhs to ₹8.5 Lakhs per year
What is the estimated take home salary of a Area Manager at Kotak Mahindra Bank in Udaipur?
The estimated take-home salary of a Area Manager at Kotak Mahindra Bank ranges between ₹98,333 per month to ₹1,01,001 per month in Udaipur. The take-home salary calculation is based on the average Kotak Mahindra Bank Area Manager salary in India which ranges between ₹13.0 Lakhs to ₹18.0 Lakhs per year for employees with experience between 10 years to 18 years. Check how did we calculate take home salary?
What is the notice period for Area Manager at Kotak Mahindra Bank in Udaipur?
According to AmbitionBox, 100% of the Kotak Mahindra Bank Area Managers in Udaipur reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Area Manager salary in Udaipur ranges between ₹13 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.