Kotak Mahindra Bank New Delhi Area Sales Manager Salaries by 40+ Employees (Updated 2025)

6 - 17 years exp.

₹7.3 Lakhs - ₹23 Lakhs

Avg. annual salary

Monthly In-hand Salary

26% more than the average Area Sales Manager Salary in Banking Companies for 6 - 17 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Area Sales Manager Salary 6 - 17 years exp. (20 salaries)	₹7.5 L/yr - ₹19.5 L/yr
BFSI, Investments & Trading Area Sales Manager Salary 6 - 16 years exp. (13 salaries)	₹6.8 L/yr - ₹18.5 L/yr
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Finance & Accounting Area Sales Manager Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹23 L/yr
Product Management Area Sales Manager Salary 7 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹16.4 L/yr

Last Updated: 22 Mar 2025

Companies similar to Kotak Mahindra Bank for Area Sales Manager in New Delhi

Kotak Mahindra Bank Area Sales Manager Salary

6 - 17 years exp. (40 salaries)

₹7.3 L/yr - ₹23 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Area Sales Manager Salary 4 - 18 years exp. (113 salaries)	₹5.4 L/yr - ₹16.2 L/yr 18% less	35 job openings
Axis Bank Area Sales Manager Salary 6 - 19 years exp. (85 salaries)	₹7.5 L/yr - ₹22 L/yr 16% more	2 job openings
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IDFC FIRST Bank Area Sales Manager Salary 5 - 17 years exp. (46 salaries)	₹9.3 L/yr - ₹23 L/yr 2% more	1 job opening
HDFC Bank Area Sales Manager Salary 8 - 21 years exp. (43 salaries)	₹7.5 L/yr - ₹22.7 L/yr 16% more
Yes Bank Area Sales Manager Salary 8 - 14 years exp. (27 salaries)	₹7 L/yr - ₹18 L/yr 2% less
ICICI Bank Area Sales Manager Salary 4 - 13 years exp. (9 salaries)	₹3.9 L/yr - ₹12.5 L/yr 34% less
Bandhan Bank Area Sales Manager Salary 9 - 18 years exp. (8 salaries)	₹7 L/yr - ₹16.6 L/yr 23% less
RBL Bank Area Sales Manager Salary 6 - 15 years exp. (7 salaries)	₹6 L/yr - ₹11.8 L/yr 30% less
Ujjivan Small Finance Bank Area Sales Manager Salary 9 - 14 years exp. (5 salaries)	₹7.5 L/yr - ₹20.5 L/yr 14% more	1 job opening

Area Sales Manager salary at Kotak Mahindra Bank ranges between ₹7.3 Lakhs to ₹23 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 40 latest salaries received from various employees of Kotak Mahindra Bank.

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

1w ago

₹7 Lakhs

7 years exp.

1w ago

₹12 Lakhs

17 years exp.

2w ago

₹10.7 Lakhs

11 years exp.

3w ago

₹9 Lakhs

11 years exp.

3mo ago

₹16.3 Lakhs

15 years exp.

3mo ago

10 years exp.

4mo ago

11 years exp.

4mo ago

17 years exp.

5mo ago

15 years exp.

6mo ago

10 years exp.

Experience wise Kotak Mahindra Bank Area Sales Manager salaries in New Delhi

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
6 years (3 salaries)	₹7.5 L/yr - ₹19.9 L/yr
7 years (4 salaries)	₹7 L/yr - ₹20.8 L/yr
Login to view exact salary
8 years (3 salaries)	₹4.8 L/yr - ₹21.6 L/yr
9 years (5 salaries)	₹8.5 L/yr - ₹15.3 L/yr
10 years (4 salaries)	₹9.2 L/yr - ₹19 L/yr
11 years (6 salaries)	₹9 L/yr - ₹19.4 L/yr
12 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹16 L/yr
13 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
14 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
15+ years (10 salaries)	₹12 L/yr - ₹23 L/yr

View all

From

Area Sales Manager

₹

Lakhs/yr

6 - 17 years exp.

Regional Sales Manager

₹

Lakhs/yr

12 - 19 years exp.

Area Sales Manager

6 - 17 years exp.

Branch Manager

8 - 20 years exp.

29% hike

Area Business Manager

8 - 19 years exp.

1% hike

From

View 3 more levels

Area Sales Manager

6 - 17 years exp.

Senior Regional Business Manager

Salary unavailable

From

View 1 more level

Area Sales Manager

6 - 17 years exp.

Regional Asset Manager

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

Branch Manager Salary

(129 salaries)

₹8 L/yr - ₹28.5 L/yr

Sales Manager Salary

(99 salaries)

₹1.8 L/yr - ₹10.15 L/yr

Assistant Sales Manager Salary

(22 salaries)

₹2 L/yr - ₹4.9 L/yr

Area Business Manager Salary

(19 salaries)

₹10.35 L/yr - ₹25 L/yr

Area Manager Salary

(16 salaries)

₹10 L/yr - ₹35 L/yr

Senior Sales Manager Salary

(9 salaries)

₹9 L/yr - ₹14 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

3.4

Rated by 6 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

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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.

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Kotak Mahindra Bank Area Sales Manager Salary FAQs

What is the salary of Area Sales Manager at Kotak Mahindra Bank in New Delhi?

The average salary of a Area Sales Manager at Kotak Mahindra Bank in New Delhi typically ranges from ₹7.3 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 6 years to 17 years).

The top 10% of Area Sales Manager in New Delhi at Kotak Mahindra Bank earn more than ₹19.5 Lakhs per year, and the top 1% earn over ₹23.0 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 40+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Area Sales Manager at Kotak Mahindra Bank in New Delhi typically ranges from ₹95,727 to ₹98,311 per month. This is based on the average salary range of ₹7.3 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 6 years to 17 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 40+ 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 in New Delhi?

To be a Area Sales Manager at Kotak Mahindra Bank in New Delhi, 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?

Axis Bank	₹7.5 Lakhs to ₹22.0 Lakhs per year
HDFC Bank	₹7.5 Lakhs to ₹22.7 Lakhs per year
Ujjivan Small Finance Bank	₹7.5 Lakhs to ₹20.5 Lakhs per year
IDFC FIRST Bank	₹9.3 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 New Delhi?

The salary of a Area Sales Manager at companies similar to Kotak Mahindra Bank in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Yes Bank	₹7.0 Lakhs to ₹18.0 Lakhs per year
IndusInd Bank	₹5.4 Lakhs to ₹16.2 Lakhs per year
Bandhan Bank	₹7.0 Lakhs to ₹16.6 Lakhs per year
RBL Bank	₹6.0 Lakhs to ₹11.8 Lakhs per year
ICICI Bank	₹3.9 Lakhs to ₹12.5 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 New Delhi?

The salary growth for a Area Sales Manager at Kotak Mahindra Bank in New Delhi depends on factors such as experience, performance, and promotions. On average, a Area Sales Manager in New Delhi can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
6 years	₹7.5 Lakhs to ₹19.9 Lakhs per year
7 years	₹7.0 Lakhs to ₹20.8 Lakhs per year
8 years	₹4.8 Lakhs to ₹21.6 Lakhs per year
9 years	₹8.5 Lakhs to ₹15.3 Lakhs per year

and so on.

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Kotak Mahindra Bank Area Sales Manager Salaries in New Delhi

Kotak Mahindra Bank Area Sales Manager salary in New Delhi ranges between ₹7.3 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.