Salaries

  • Reviews
  • Salaries
  • Interview Questions
  • About Company
  • Benefits
  • Jobs
  • Office Photos
+ Contribute
notification
notification
Login
Upload Button Icon Add office photos
Employer? Claim Account for FREE

Kotak Mahindra Bank

Compare button icon Compare button icon Compare
3.8

based on 15.9k Reviews

filter salariesFilter salaries by

Kotak Mahindra Bank Area Sales Manager salaries in Mumbai

Annual salary range
6 - 17 years exp.
₹6.5 Lakhs - ₹18.3 Lakhs
Salary of majority employees
unlock blur
unlock blur

15% more than the average Area Sales Manager Salary in Banking Companies for 6 - 17 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Area Sales Manager Salary
6 - 13 years exp. (19 salaries)
unlock-blur

₹7 L/yr - ₹18.3 L/yr

BFSI, Investments & Trading
Area Sales Manager Salary
6 - 15 years exp. (9 salaries)
unlock-blur

₹6.9 L/yr - ₹16.4 L/yr

Finance & Accounting
Area Sales Manager Salary
16 - 17 years exp. (AmbitionBox Estimate)
unlock-blur

₹9.4 L/yr - ₹16.5 L/yr

Marketing & Communication
Area Sales Manager Salary
8 years exp. (AmbitionBox Estimate)
unlock-blur

₹9.8 L/yr - ₹12.5 L/yr

Last Updated: 19 Dec 2024

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

Logo
Kotak Mahindra Bank Area Sales Manager Salary

6 - 17 years exp. (39 salaries)
unlock blur

₹6.5 L/yr - ₹18.3 L/yr

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

8 - 19 years exp. (30 salaries)
unlock blur

₹9 L/yr - ₹24.3 L/yr

arrow icon 16% more
Logo
ICICI Bank Area Sales Manager Salary

5 - 14 years exp. (10 salaries)
unlock blur

₹3.8 L/yr - ₹12 L/yr

arrow icon 32% less
Logo
Axis Bank Area Sales Manager Salary

6 - 20 years exp. (71 salaries)
unlock blur

₹7 L/yr - ₹21 L/yr

arrow icon 13% more
Logo
Yes Bank Area Sales Manager Salary

8 - 17 years exp. (17 salaries)
unlock blur

₹8.6 L/yr - ₹18 L/yr

arrow icon 5% more
Logo
IndusInd Bank Area Sales Manager Salary

4 - 18 years exp. (141 salaries)
unlock blur

₹4.8 L/yr - ₹16.5 L/yr

arrow icon 14% less
 12 job openings
Logo
Standard Chartered Area Sales Manager Salary

7 - 16 years exp. (6 salaries)
unlock blur

₹13.5 L/yr - ₹24 L/yr

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

5 - 17 years exp. (32 salaries)
unlock blur

₹8.5 L/yr - ₹24 L/yr

arrow icon 15% more
 3 job openings
Logo
RBL Bank Area Sales Manager Salary

6 - 15 years exp. (12 salaries)
unlock blur

₹6.1 L/yr - ₹20 L/yr

arrow icon 8% more
 2 job openings
Logo
Baroda Global Shared Services Area Sales Manager Salary

8 - 10 years exp. (3 salaries)
unlock blur

₹5.9 L/yr - ₹8.4 L/yr

arrow icon 43% less
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 17 years. Salary estimates are based on 39 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Area Sales Manager in Mumbai

1mo ago
avg blur mobile
6 years exp.
1mo ago
avg blur mobile
10 years exp.
1mo ago
avg blur mobile
9 years exp.
2mo ago
avg blur mobile
10 years exp.
3mo ago
avg blur mobile
15 years exp.
4mo ago
avg blur mobile
13 years exp.
6mo ago
avg blur mobile
9 years exp.
7mo ago
avg blur mobile
9 years exp.
9mo ago
avg blur mobile
9 years exp.
11mo ago
avg blur mobile
10 years exp.

Experience wise Kotak Mahindra Bank Area Sales Manager salaries in Mumbai

Last Updated: 19 Dec 2024

Experience Avg Annual Salary
6 years  (4 salaries)

unlock blur

₹6.9 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹7 L/yr - ₹19.5 L/yr
8 years  (5 salaries)

unlock blur

₹6.5 L/yr - ₹16.8 L/yr
9 years  (7 salaries)

unlock blur

₹8 L/yr - ₹18.3 L/yr
10 years  (8 salaries)

unlock blur

₹7.8 L/yr - ₹16.8 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Branch Manager Salary
(134 salaries)
unlock blur
₹7.5 L/yr - ₹25.56 L/yr
Sales Manager Salary
(129 salaries)
unlock blur
₹1.8 L/yr - ₹10 L/yr
Assistant Sales Manager Salary
(29 salaries)
unlock blur
₹1.8 L/yr - ₹4 L/yr
Senior Sales Manager Salary
(14 salaries)
unlock blur
₹8.15 L/yr - ₹13.55 L/yr
Area Business Manager Salary
(10 salaries)
unlock blur
₹13.7 L/yr - ₹24.8 L/yr
Area Manager Salary
(8 salaries)
unlock blur
₹9 L/yr - ₹22.01 L/yr
Regional Manager Salary
(6 salaries)
unlock blur
₹7.5 L/yr - ₹25 L/yr
Territory Sales Manager Salary
(3 salaries)
unlock blur
₹9.04 L/yr - ₹15.1 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

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.

read more

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

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

read 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

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.

read more

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.

read 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

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.

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All
Salary Discussions, Hike & Promotions
2w (edited)
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?
Got a question about Kotak Mahindra Bank?
Ask anonymously on communities.
More about working at Kotak Mahindra Bank
golden leaf award

#23 Best Mega Company - 2022

golden leaf award

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 17 years. According to our estimates it is 15% more than the average Area Sales Manager Salary in India. Salary estimates are based on 39 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 15% 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?
  • HDFC Bank Area Sales Manager Salary - ₹9.0 Lakhs to ₹24.3 Lakhs per year
  • IDFC FIRST Bank Area Sales Manager Salary - ₹8.5 Lakhs to ₹24.0 Lakhs per year
  • Axis Bank Area Sales Manager Salary - ₹7.0 Lakhs to ₹21.0 Lakhs per year
  • RBL Bank Area Sales Manager Salary - ₹6.1 Lakhs to ₹20.0 Lakhs per year
  • Standard Chartered Area Sales Manager Salary - ₹13.5 Lakhs to ₹24.0 Lakhs per year
What is the salary of a Area Sales Manager in companies similar to Kotak Mahindra Bank in Mumbai?
  • Yes Bank Area Sales Manager Salary - ₹8.6 Lakhs to ₹18.0 Lakhs per year
  • IndusInd Bank Area Sales Manager Salary - ₹4.8 Lakhs to ₹16.5 Lakhs per year
  • ICICI Bank Area Sales Manager Salary - ₹3.8 Lakhs to ₹12.0 Lakhs per year
  • Baroda Global Shared Services Area Sales Manager Salary - ₹5.9 Lakhs to ₹8.4 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 ₹90,573 per month to ₹92,954 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 17 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, 69% 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.

Kotak Mahindra Bank Area Sales Manager salary in Mumbai ranges between ₹6.5 Lakhs to ₹18.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 39 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.