Kotak Mahindra Bank Rajkot Area Sales Manager Salaries by 4 Employees (Updated 2025)

8 - 17 years exp.

₹7 Lakhs - ₹16.5 Lakhs

Salary of majority employees

14% more than the average Area Sales Manager Salary in Banking Companies for 8 - 17 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Sales & Business Development Area Sales Manager Salary 8 - 15 years exp. (3 salaries)	₹7 L/yr - ₹16.5 L/yr
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BFSI, Investments & Trading Area Sales Manager Salary 17 years exp. (AmbitionBox Estimate)	₹10.6 L/yr - ₹16.5 L/yr

Last Updated: 29 Aug 2024

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

Kotak Mahindra Bank Area Sales Manager Salary

8 - 17 years exp. (4 salaries)

₹7 L/yr - ₹16.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Sales Manager Salary 13 - 18 years exp. (5 salaries)	₹8.5 L/yr - ₹17.8 L/yr 12% more
Axis Bank Area Sales Manager Salary 7 - 19 years exp. (22 salaries)	₹6 L/yr - ₹18.4 L/yr 7% more
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IDFC FIRST Bank Area Sales Manager Salary 11 - 12 years exp. (4 salaries)	₹11 L/yr - ₹16.6 L/yr 8% more	3 job openings
Sammaan Capital Limited Area Sales Manager Salary 4 - 18 years exp. (7 salaries)	₹4.8 L/yr - ₹12 L/yr 31% less
HDB Financial Services Area Sales Manager Salary 10 - 16 years exp. (7 salaries)	₹8.5 L/yr - ₹12.5 L/yr 15% less	1 job opening

Area Sales Manager salary at Kotak Mahindra Bank ranges between ₹7 Lakhs to ₹16.5 Lakhs per year for employees with experience between 8 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Area Sales Manager salaries in Rajkot

Last Updated: 29 Aug 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹20.8 L/yr
9 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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10 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
11 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.9 L/yr
12 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.4 L/yr
13 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹24.9 L/yr
14 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
15+ years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.5 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Assistant Sales Manager Salary

(6 salaries)

₹2 L/yr - ₹3.45 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

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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 Rajkot?

Area Sales Manager salary at Kotak Mahindra Bank in Rajkot ranges between ₹7.0 Lakhs to ₹16.5 Lakhs for experience between 8 years to 17 years. According to our estimates it is 14% more than the average Area Sales Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank Rajkot.

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

The average salary of a Area Sales Manager at Kotak Mahindra Bank is 14% more than the average salary of a Area Sales Manager in Rajkot. 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 Rajkot.

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

HDFC Bank Area Sales Manager Salary - ₹8.5 Lakhs to ₹17.8 Lakhs per year
IDFC FIRST Bank Area Sales Manager Salary - ₹11.0 Lakhs to ₹16.6 Lakhs per year
Axis Bank Area Sales Manager Salary - ₹6.0 Lakhs to ₹18.4 Lakhs per year

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

HDB Financial Services Area Sales Manager Salary - ₹8.5 Lakhs to ₹12.5 Lakhs per year
Sammaan Capital Limited Area Sales Manager Salary - ₹4.8 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Area Sales Manager at Kotak Mahindra Bank ranges between ₹92,754 per month to ₹95,242 per month in Rajkot. 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 ₹16.5 Lakhs per year for employees with experience between 8 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 Rajkot?

According to AmbitionBox, 80% of the Kotak Mahindra Bank Area Sales Managers in Rajkot reported a notice period of 3 Months, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Area Sales Manager Salaries in Rajkot

Kotak Mahindra Bank Area Sales Manager salary in Rajkot ranges between ₹7 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.