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

9 - 16 years exp.

₹7 Lakhs - ₹18.1 Lakhs

Salary of majority employees

12% more than the average Area Sales Manager Salary in Banking Companies for 9 - 16 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development Area Sales Manager Salary 9 - 16 years exp. (7 salaries)	₹7.1 L/yr - ₹14.5 L/yr
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BFSI, Investments & Trading Area Sales Manager Salary 14 - 16 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹18.1 L/yr

Last Updated: 4 Jan 2025

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

Kotak Mahindra Bank Area Sales Manager Salary

9 - 16 years exp. (11 salaries)

₹7 L/yr - ₹18.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Sales Manager Salary 8 - 18 years exp. (15 salaries)	₹10.8 L/yr - ₹22.2 L/yr 16% more
Axis Bank Area Sales Manager Salary 8 - 19 years exp. (42 salaries)	₹6.5 L/yr - ₹19.5 L/yr 11% more
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Yes Bank Area Sales Manager Salary 8 - 14 years exp. (9 salaries)	₹7.6 L/yr - ₹18 L/yr 4% more
IndusInd Bank Area Sales Manager Salary 5 - 15 years exp. (53 salaries)	₹5 L/yr - ₹15 L/yr 14% less	12 job openings
IDFC FIRST Bank Area Sales Manager Salary 5 - 16 years exp. (20 salaries)	₹5.5 L/yr - ₹22 L/yr 5% more	3 job openings
Jana Small Finance Bank Area Sales Manager Salary 6 - 10 years exp. (5 salaries)	₹2 L/yr - ₹9 L/yr 47% less

Area Sales Manager salary at Kotak Mahindra Bank ranges between ₹7 Lakhs to ₹18.1 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Area Sales Manager salaries in Chennai

Last Updated: 4 Jan 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹21.1 L/yr
10 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
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11 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹13.3 L/yr
12 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹23.5 L/yr
13 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr
14 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹18.1 L/yr
15+ years (4 salaries)	₹7 L/yr - ₹26.6 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Sales Manager Salary

(67 salaries)

₹2 L/yr - ₹10.3 L/yr

Branch Manager Salary

(37 salaries)

₹9 L/yr - ₹20 L/yr

Area Business Manager Salary

(13 salaries)

₹11.75 L/yr - ₹29.5 L/yr

Assistant Sales Manager Salary

(7 salaries)

₹2 L/yr - ₹3.5 L/yr

Area Manager Salary

(5 salaries)

₹11 L/yr - ₹19 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

3.2

Rated by 3 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.

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

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

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.

Dislikes

Salary, promortion - these are the worst over here.

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.

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.

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.

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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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank Area Sales Manager Salary FAQs

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

Area Sales Manager salary at Kotak Mahindra Bank in Chennai ranges between ₹7.0 Lakhs to ₹18.1 Lakhs for experience between 9 years to 16 years. According to our estimates it is 12% more than the average Area Sales Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra Bank Chennai.

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

The average salary of a Area Sales Manager at Kotak Mahindra Bank is 12% more than the average salary of a Area Sales Manager in Chennai. 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 Chennai.

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

HDFC Bank Area Sales Manager Salary - ₹10.8 Lakhs to ₹22.2 Lakhs per year
Axis Bank Area Sales Manager Salary - ₹6.5 Lakhs to ₹19.5 Lakhs per year
IDFC FIRST Bank Area Sales Manager Salary - ₹5.5 Lakhs to ₹22.0 Lakhs per year
Yes Bank Area Sales Manager Salary - ₹7.6 Lakhs to ₹18.0 Lakhs per year

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

IndusInd Bank Area Sales Manager Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year
Jana Small Finance Bank Area Sales Manager Salary - ₹2.0 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Area Sales Manager at Kotak Mahindra Bank ranges between ₹90,750 per month to ₹93,137 per month in Chennai. The take-home salary calculation is based on the average Kotak Mahindra Bank Area Sales Manager salary in India which ranges between ₹7.0 Lakhs to ₹18.1 Lakhs per year for employees with experience between 9 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 Chennai?

According to AmbitionBox, 86% of the Kotak Mahindra Bank Area Sales Managers in Chennai reported a notice period of 3 Months, 14% reported a notice period of 2 Months.This is based on 7 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Area Sales Manager Salaries in Chennai

Kotak Mahindra Bank Area Sales Manager salary in Chennai ranges between ₹7 Lakhs to ₹18.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.