Kotak Mahindra Bank Mumbai Area Sales Manager Salaries by 30+ Employees (Updated 2025)

6 - 16 years exp.

₹6.5 Lakhs - ₹18.3 Lakhs

Salary of majority employees

8% more than the average Area Sales Manager Salary in Banking Companies for 6 - 16 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Area Sales Manager Salary 6 - 13 years exp. (19 salaries)	₹7 L/yr - ₹18.3 L/yr
BFSI, Investments & Trading Area Sales Manager Salary 6 - 15 years exp. (9 salaries)	₹6.9 L/yr - ₹16.4 L/yr
Login to view exact salary
Finance & Accounting Area Sales Manager Salary 16 years exp. (AmbitionBox Estimate)	₹9.4 L/yr - ₹14.8 L/yr
Marketing & Communication Area Sales Manager Salary 8 years exp. (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.5 L/yr

Last Updated: 29 Jan 2025

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

Kotak Mahindra Bank Area Sales Manager Salary

6 - 16 years exp. (37 salaries)

₹6.5 L/yr - ₹18.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Sales Manager Salary 8 - 19 years exp. (30 salaries)	₹9 L/yr - ₹24.3 L/yr 22% more
ICICI Bank Area Sales Manager Salary 5 - 14 years exp. (10 salaries)	₹3.8 L/yr - ₹12 L/yr 27% less
Login to view exact salary
Axis Bank Area Sales Manager Salary 6 - 20 years exp. (69 salaries)	₹6.9 L/yr - ₹21 L/yr 20% more	1 job opening
Yes Bank Area Sales Manager Salary 8 - 17 years exp. (21 salaries)	₹6 L/yr - ₹18 L/yr 7% more	1 job opening
IndusInd Bank Area Sales Manager Salary 4 - 18 years exp. (147 salaries)	₹4.8 L/yr - ₹16.5 L/yr 9% less
Standard Chartered Area Sales Manager Salary 7 - 16 years exp. (6 salaries)	₹13.5 L/yr - ₹24 L/yr 11% more
IDFC FIRST Bank Area Sales Manager Salary 5 - 17 years exp. (30 salaries)	₹8.5 L/yr - ₹23 L/yr 34% more
RBL Bank Area Sales Manager Salary 6 - 15 years exp. (13 salaries)	₹6.1 L/yr - ₹16.8 L/yr 14% less	2 job openings
South Indian Bank Area Sales Manager Salary 5 - 7 years exp. (3 salaries)	₹9 L/yr - ₹14 L/yr 2% more

Area Sales Manager salary at Kotak Mahindra Bank ranges between ₹6.5 Lakhs to ₹18.3 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 37 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Area Sales Manager salaries in Mumbai

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
6 years (4 salaries)	₹6.9 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹18.7 L/yr
Login to view exact salary
8 years (5 salaries)	₹6.5 L/yr - ₹16.8 L/yr
9 years (7 salaries)	₹8 L/yr - ₹18.3 L/yr
10 years (8 salaries)	₹7.8 L/yr - ₹16.8 L/yr
11 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹22 L/yr
12 years (4 salaries)	₹8.6 L/yr - ₹22.8 L/yr
13 years (AmbitionBox Estimate)	₹10 L/yr - ₹23.6 L/yr
14 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹24.4 L/yr
15+ years (4 salaries)	₹9.4 L/yr - ₹16.4 L/yr

View all

From

Area Sales Manager

₹

Lakhs/yr

6 - 16 years exp.

Regional Sales Manager

₹

Lakhs/yr

11 - 21 years exp.

Area Sales Manager 6 - 16 years exp.

Branch Manager 7 - 20 years exp.

23% 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

Branch Manager Salary

(136 salaries)

₹7.5 L/yr - ₹25.56 L/yr

Sales Manager Salary

(130 salaries)

₹1.8 L/yr - ₹10.7 L/yr

Assistant Sales Manager Salary

(25 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Senior Sales Manager Salary

(13 salaries)

₹8.15 L/yr - ₹13.55 L/yr

Area Business Manager Salary

(11 salaries)

₹11.3 L/yr - ₹24.8 L/yr

Area Manager Salary

(9 salaries)

₹9 L/yr - ₹31.09 L/yr

Regional Manager Salary

(5 salaries)

₹7.5 L/yr - ₹17.01 L/yr

Territory Sales Manager Salary

(4 salaries)

₹6.04 L/yr - ₹7.67 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

2.6

Rated by 8 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

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 consider: •Does it provide the same career opportunities and salary boost as a regular MBA? •How do employers view online MBAs compared to full-time programs? •Are the networking and learning experiences just as effective? •Is the cost justified by the return on investment? If you’ve completed or are considering an Online MBA, I’d love to hear your thoughts! Was it worth it for you? Why or why not? Let’s discuss!

Is an Online MBA Really Worth It?

Yes

Can be, if properly planned

10 participants . expiring in 2w

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Area Sales Manager Salary FAQs

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

Area Sales Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹6.5 Lakhs to ₹18.3 Lakhs for experience between 6 years to 16 years. According to our estimates it is 8% more than the average Area Sales Manager Salary in India. Salary estimates are based on 37 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Area Sales Manager at Kotak Mahindra Bank is 8% more than the average salary of a Area Sales Manager in Mumbai. 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 Mumbai.

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

IDFC FIRST Bank Area Sales Manager Salary - ₹8.5 Lakhs to ₹23.0 Lakhs per year
HDFC Bank Area Sales Manager Salary - ₹9.0 Lakhs to ₹24.3 Lakhs per year
Axis Bank Area Sales Manager Salary - ₹6.9 Lakhs to ₹21.0 Lakhs per year
Standard Chartered Area Sales Manager Salary - ₹13.5 Lakhs to ₹24.0 Lakhs per year
Yes Bank Area Sales Manager Salary - ₹6.0 Lakhs to ₹18.0 Lakhs per year

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

South Indian Bank Area Sales Manager Salary - ₹9.0 Lakhs to ₹14.0 Lakhs per year
IndusInd Bank Area Sales Manager Salary - ₹4.8 Lakhs to ₹16.5 Lakhs per year
RBL Bank Area Sales Manager Salary - ₹6.1 Lakhs to ₹16.8 Lakhs per year
ICICI Bank Area Sales Manager Salary - ₹3.8 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Area Sales Manager at Kotak Mahindra Bank ranges between ₹86,734 per month to ₹89,007 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Area Sales Manager salary in India which ranges between ₹6.5 Lakhs to ₹18.3 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 Mumbai?

According to AmbitionBox, 73% of the Kotak Mahindra Bank Area Sales Managers in Mumbai reported a notice period of 3 Months, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 26 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Area Sales Manager Salaries >
Kotak Mahindra Bank Area Sales Manager Salaries in Mumbai

Kotak Mahindra Bank Area Sales Manager salary in Mumbai ranges between ₹6.5 Lakhs to ₹18.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 37 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.