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Kotak Mahindra Bank Area Sales Manager salaries in India (Updated 2025)

Annual salary range
6 - 16 years exp.
₹5.4 Lakhs - ₹23 Lakhs
Salary of majority employees
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30% more than the average Area Sales Manager Salary in Banking Companies for 6 - 16 years of experience

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Salaries in different departments

Sales & Business Development
Area Sales Manager Salary
6 - 16 years exp. (135 salaries)
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₹5.5 L/yr - ₹20.5 L/yr

BFSI, Investments & Trading
Area Sales Manager Salary
6 - 16 years exp. (65 salaries)
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₹5.5 L/yr - ₹19.7 L/yr

Marketing & Communication
Area Sales Manager Salary
6 - 15 years exp. (10 salaries)
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₹5.6 L/yr - ₹14 L/yr

Customer Success, Service & Operations
Area Sales Manager Salary
12 - 14 years exp. (4 salaries)
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₹8.3 L/yr - ₹14.7 L/yr

Finance & Accounting
Area Sales Manager Salary
10 - 16 years exp. (4 salaries)
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₹9.4 L/yr - ₹23 L/yr

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Last Updated: 20 Mar 2025

Companies similar to Kotak Mahindra Bank for Area Sales Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Area Sales Manager Salary

8 - 20 years exp. (314 salaries)

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₹7.4 L/yr - ₹24.1 L/yr

arrow icon 20% more
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ICICI Bank Area Sales Manager Salary

2 - 13 years exp. (98 salaries)

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₹3.1 L/yr - ₹13.4 L/yr

arrow icon 38% less
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Axis Bank Area Sales Manager Salary

6 - 21 years exp. (737 salaries)

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₹6.7 L/yr - ₹23 L/yr

arrow icon 13% more
3 job openings
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Yes Bank Area Sales Manager Salary

8 - 17 years exp. (216 salaries)

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₹6 L/yr - ₹23 L/yr

arrow icon 9% more
1 job opening
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IndusInd Bank Area Sales Manager Salary

4 - 18 years exp. (1k salaries)

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₹5 L/yr - ₹17 L/yr

arrow icon 15% less
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State Bank of India Area Sales Manager Salary

5 - 13 years exp. (10 salaries)

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₹5.5 L/yr - ₹12.2 L/yr

arrow icon 28% less
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Standard Chartered Area Sales Manager Salary

7 - 16 years exp. (25 salaries)

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₹8.7 L/yr - ₹24 L/yr

arrow icon 6% more
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IDFC FIRST Bank Area Sales Manager Salary

5 - 17 years exp. (230 salaries)

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₹7 L/yr - ₹24 L/yr

arrow icon 9% more
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RBL Bank Area Sales Manager Salary

6 - 15 years exp. (81 salaries)

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₹4.1 L/yr - ₹15.8 L/yr

arrow icon 28% less
2 job openings
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Bandhan Bank Area Sales Manager Salary

6 - 18 years exp. (111 salaries)

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₹4.2 L/yr - ₹18 L/yr

arrow icon 22% less
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₹2.6 L/yr - ₹12.1 L/yr

arrow icon 44% less
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Paytm Payments Bank Area Sales Manager Salary

6 - 16 years exp. (39 salaries)

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₹6 L/yr - ₹10 L/yr

arrow icon 47% less
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₹7 L/yr - ₹22.3 L/yr

arrow icon 16% more
1 job opening
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₹6 L/yr - ₹15.5 L/yr

arrow icon 28% less
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Federal Bank Area Sales Manager Salary

9 - 18 years exp. (9 salaries)

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₹7 L/yr - ₹14 L/yr

arrow icon 25% less
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Karur Vysya Bank Area Sales Manager Salary

9 - 14 years exp. (8 salaries)

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₹8 L/yr - ₹19.8 L/yr

arrow icon 4% more
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South Indian Bank Area Sales Manager Salary

4 - 7 years exp. (7 salaries)

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₹8 L/yr - ₹14.9 L/yr

arrow icon 3% less
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IDBI Bank Area Sales Manager Salary

0 - 11 years exp. (5 salaries)

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₹5.7 L/yr - ₹10 L/yr

arrow icon 32% less
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Bank of Baroda Area Sales Manager Salary

7 - 14 years exp. (4 salaries)

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₹6 L/yr - ₹10.2 L/yr

arrow icon 28% less
Area Sales Manager salary at Kotak Mahindra Bank ranges between ₹5.4 Lakhs to ₹23 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 259 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Area Sales Manager

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Experience wise Kotak Mahindra Bank Area Sales Manager salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
6 years  (16 salaries)

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₹5 L/yr - ₹14 L/yr
7 years  (14 salaries)

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₹5.6 L/yr - ₹11 L/yr
8 years  (20 salaries)

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₹5.3 L/yr - ₹16.8 L/yr
9 years  (26 salaries)

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₹5.8 L/yr - ₹16.8 L/yr
10 years  (38 salaries)

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₹6 L/yr - ₹19 L/yr
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Kotak Mahindra Bank Area Sales Manager Salary and Career Growth

From

To

Area Sales Manager

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6 - 16 years exp.

Regional Sales Manager

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13 - 21 years exp.

Area Sales Manager

6 - 16 years exp.
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Branch Manager

7 - 20 years exp.
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arrow icon 26% hike

Area Business Manager

8 - 19 years exp.
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arrow icon 6% hike

From

To

Area Sales Manager

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6 - 16 years exp.

Senior Regional Business Manager

Salary unavailable

From

To

Area Sales Manager

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6 - 16 years exp.

Regional Asset Manager

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15 - 17 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Bank

Sales Manager Salary
(868 salaries)
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₹2.04 L/yr - ₹10 L/yr
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₹7.5 L/yr - ₹14 L/yr
Area Manager Salary
(95 salaries)
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₹7 L/yr - ₹26.6 L/yr
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₹8 L/yr - ₹30.4 L/yr
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₹1.8 L/yr - ₹4.5 L/yr
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₹10.45 L/yr - ₹12.5 L/yr
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₹4.65 L/yr - ₹20.15 L/yr
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₹3.8 L/yr - ₹12 L/yr
Branch Manager Salary
(1k salaries)
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₹7 L/yr - ₹26 L/yr
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₹1.4 L/yr - ₹2.2 L/yr

Top skills at Kotak Mahindra Bank for Area Sales Manager

Team Handling DSA Lap Sales Management housing finance Gold Loan Cross Selling Banking Sales Working Capital Area Sales Management Sales and Marketing NBFC LI HNI Client Handling Field Sales

Salary related reviews for Kotak Mahindra Bank

3.6

Rated by 63 employees for salary & benefits

BFSI, Investments & Trading Department

2.0
  •  posted on 01 Jul 2022

1.0
 for  Salary and Benefits

Likes

The work with life balance is good. When the person is dedicated to a product, no other product will be asked. No pressure on it. No so much pressure on sales. Good softwares and neat process.

read more
  • Job security - Excellent

Dislikes

Extremely no personal and professional growth. No recognition to old staff. They bond with fresh people with high packages and they also flews away by 2nd year with 30% to other bank. It's good platform for package change and number game people

read more
  • Salary - Bad
  • +3 more

Finance & Accounting Department

4.0
  •  posted on 17 Apr 2019

3.0
 for  Salary and Benefits

Likes

Very good journey in last 13 years in Kotak bank in all terms. Everything is fine but Kotak is low pay master comparison to other top 03 Pvt. Banks

read more
  • Skill development - Good
  • +5 more

Dislikes

...tak. Working in Kotak helps you to become a businees man even if you are in job. But because it is low pay master, people switch their jobs.

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.

read more
  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more

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.

read more
  • 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.

read more
  • Work satisfaction - Bad
  • +2 more

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.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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Kotak Mahindra Bank Area Sales Manager Salary FAQs

What is the salary of Area Sales Manager at Kotak Mahindra Bank ?
The average salary of a Area Sales Manager at Kotak Mahindra Bank in India typically ranges from ₹5.4 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 6 years to 16 years).

The top 10% of Area Sales Manager at Kotak Mahindra Bank earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹20.5 Lakhs per year. Area Sales Manager Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 200+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Area Sales Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Area Sales Manager at Kotak Mahindra Bank in India typically ranges from ₹90,528 to ₹92,909 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 6 years to 16 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 200+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Area Sales Manager at Kotak Mahindra Bank ?
To be a Area Sales Manager at Kotak Mahindra Bank in india, the key skills required include:

  • - Team Handling
  • - DSA
  • - Lap
  • - Sales Management
  • - housing finance

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindra Bank for Area Sales Manager in India?
HDFC Bank ₹7.4 Lakhs to ₹24.1 Lakhs per year
Ujjivan Small Finance Bank ₹7.0 Lakhs to ₹22.3 Lakhs per year
Axis Bank ₹6.7 Lakhs to ₹23.0 Lakhs per year
IDFC FIRST Bank ₹7.0 Lakhs to ₹24.0 Lakhs per year
Yes Bank ₹6.0 Lakhs to ₹23.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.
What is the salary of a Area Sales Manager in companies similar to Kotak Mahindra Bank in India?
The salary of a Area Sales Manager at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered ₹8.7 Lakhs to ₹24.0 Lakhs per year
Karur Vysya Bank ₹8.0 Lakhs to ₹19.8 Lakhs per year
South Indian Bank ₹8.0 Lakhs to ₹14.9 Lakhs per year
IndusInd Bank ₹5.0 Lakhs to ₹17.0 Lakhs per year
Bandhan Bank ₹4.2 Lakhs to ₹18.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Area Sales Manager at Kotak Mahindra Bank in India?
The salary growth for a Area Sales Manager at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Area Sales Manager can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
6 years ₹5.0 Lakhs to ₹14.0 Lakhs per year
7 years ₹5.6 Lakhs to ₹11.0 Lakhs per year
8 years ₹5.3 Lakhs to ₹16.8 Lakhs per year
9 years ₹5.8 Lakhs to ₹16.8 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Area Sales Manager salary in India ranges between ₹5.4 Lakhs to ₹23 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 259 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.