Kotak Mahindra Bank Chandigarh Area Sales Manager Salaries by 10+ Employees (Updated 2025)

6 - 16 years exp.

₹5.5 Lakhs - ₹19.7 Lakhs

Salary of majority employees

10% 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 7 - 13 years exp. (6 salaries)	₹6 L/yr - ₹18.5 L/yr
BFSI, Investments & Trading Area Sales Manager Salary 6 - 16 years exp. (5 salaries)	₹9 L/yr - ₹19.7 L/yr
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Customer Success, Service & Operations Area Sales Manager Salary 12 - 14 years exp. (3 salaries)	₹11 L/yr - ₹15.2 L/yr

Last Updated: 11 Sep 2024

Companies similar to Kotak Mahindra Bank for Area Sales Manager in Chandigarh

Kotak Mahindra Bank Area Sales Manager Salary

6 - 16 years exp. (15 salaries)

₹5.5 L/yr - ₹19.7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Sales Manager Salary 8 - 18 years exp. (23 salaries)	₹9.3 L/yr - ₹22 L/yr 13% more
ICICI Bank Area Sales Manager Salary 2 - 12 years exp. (4 salaries)	₹6 L/yr - ₹10.3 L/yr 43% less
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Axis Bank Area Sales Manager Salary 6 - 21 years exp. (40 salaries)	₹7 L/yr - ₹19.5 L/yr 10% more	1 job opening
Yes Bank Area Sales Manager Salary 8 - 16 years exp. (11 salaries)	₹9.3 L/yr - ₹17 L/yr 7% more	1 job opening
IndusInd Bank Area Sales Manager Salary 4 - 17 years exp. (42 salaries)	₹5.5 L/yr - ₹14.5 L/yr 17% less	1 job opening
IDFC FIRST Bank Area Sales Manager Salary 7 - 9 years exp. (4 salaries)	₹8.6 L/yr - ₹15.9 L/yr 2% less
Paytm Payments Bank Area Sales Manager Salary 12 - 16 years exp. (5 salaries)	₹7.6 L/yr - ₹9.5 L/yr 33% less
Baroda Global Shared Services Area Sales Manager Salary 8 - 12 years exp. (3 salaries)	₹6.8 L/yr - ₹8 L/yr 41% less	20 job openings

Area Sales Manager salary at Kotak Mahindra Bank ranges between ₹5.5 Lakhs to ₹19.7 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 15 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Area Sales Manager salaries in Chandigarh

Last Updated: 11 Sep 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹14 L/yr
7 years (AmbitionBox Estimate)	₹11 L/yr - ₹20 L/yr
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8 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
9 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹14 L/yr
11 years (AmbitionBox Estimate)	₹9 L/yr - ₹18.5 L/yr
12 years (AmbitionBox Estimate)	₹11 L/yr - ₹18.5 L/yr
13 years (3 salaries)	₹11 L/yr - ₹25.3 L/yr
14 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹26.2 L/yr
15+ years (AmbitionBox Estimate)	₹6.1 L/yr - ₹19.7 L/yr

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From

Area Sales Manager

₹

Lakhs/yr

6 - 16 years exp.

Regional Sales Manager

₹

Lakhs/yr

12 - 21 years exp.

Area Sales Manager 6 - 16 years exp.

Branch Manager 7 - 20 years exp.

24% hike

Area Business Manager 8 - 19 years exp.

9% hike

From

1 more level

Area Sales Manager

6 - 16 years exp.

Regional Asset Manager

15 - 17 years exp.

View 1 more career path

Similar Designation salaries in Kotak Mahindra Bank

Territory Sales Manager Salary

(4 salaries)

₹4.5 L/yr - ₹7.1 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

3.8

Rated by 2 employees for salary & benefits

Area Sales Manager in Vijayawada

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.

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

Salary - Bad

+3 more

Area Sales Manager in Hisar

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

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.

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

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Area Sales Manager Salary FAQs

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

Area Sales Manager salary at Kotak Mahindra Bank in Chandigarh ranges between ₹5.5 Lakhs to ₹19.7 Lakhs for experience between 6 years to 16 years. According to our estimates it is 10% more than the average Area Sales Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Kotak Mahindra Bank Chandigarh.

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

The average salary of a Area Sales Manager at Kotak Mahindra Bank is 10% more than the average salary of a Area Sales Manager in Chandigarh. To know exact salary insights, login to view.

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

Team Handling, DSA, Lap, Sales Management and housing finance are some of the popular skills required to work as a Area Sales Manager at Kotak Mahindra Bank Chandigarh.

Which similar companies are paying more than Kotak Mahindra Bank to a Area Sales Manager in Chandigarh?

HDFC Bank Area Sales Manager Salary - ₹9.3 Lakhs to ₹22.0 Lakhs per year
Axis Bank Area Sales Manager Salary - ₹7.0 Lakhs to ₹19.5 Lakhs per year
Yes Bank Area Sales Manager Salary - ₹9.3 Lakhs to ₹17.0 Lakhs per year

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

IDFC FIRST Bank Area Sales Manager Salary - ₹8.6 Lakhs to ₹15.9 Lakhs per year
IndusInd Bank Area Sales Manager Salary - ₹5.5 Lakhs to ₹14.5 Lakhs per year
Paytm Payments Bank Area Sales Manager Salary - ₹7.6 Lakhs to ₹9.5 Lakhs per year
Baroda Global Shared Services Area Sales Manager Salary - ₹6.8 Lakhs to ₹8.0 Lakhs per year
ICICI Bank Area Sales Manager Salary - ₹6.0 Lakhs to ₹10.3 Lakhs per year

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

The estimated take-home salary of a Area Sales Manager at Kotak Mahindra Bank ranges between ₹92,368 per month to ₹94,843 per month in Chandigarh. The take-home salary calculation is based on the average Kotak Mahindra Bank Area Sales Manager salary in India which ranges between ₹5.5 Lakhs to ₹19.7 Lakhs per year for employees with experience between 6 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 60% of the Kotak Mahindra Bank Area Sales Managers in Chandigarh reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Area Sales Manager Salaries in Chandigarh

Kotak Mahindra Bank Area Sales Manager salary in Chandigarh ranges between ₹5.5 Lakhs to ₹19.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.