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Kotak Mahindra Bank Area Sales Manager salaries in Visakhapatnam

Annual salary range
10 - 15 years exp.
₹10.4 Lakhs - ₹16.8 Lakhs
Salary of majority employees
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19% more than the average Area Sales Manager Salary in Banking Companies for 10 - 15 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading
Area Sales Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹10.5 L/yr - ₹15 L/yr

Sales & Business Development
Area Sales Manager Salary
11 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹15.8 L/yr

Last Updated: 28 Jun 2023

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

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Kotak Mahindra Bank Area Sales Manager Salary

10 - 15 years exp. (4 salaries)

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₹10.4 L/yr - ₹16.8 L/yr

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Company name Avg Annual Salary Open Jobs
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Dr. Reddy's Area Sales Manager Salary

10 - 18 years exp. (17 salaries)

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₹5.4 L/yr - ₹12 L/yr

arrow icon 25% less
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Jaquar Area Sales Manager Salary

8 - 13 years exp. (13 salaries)

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₹7.1 L/yr - ₹12.5 L/yr

arrow icon 18% less
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ITC Area Sales Manager Salary

1 - 16 years exp. (12 salaries)

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₹9.5 L/yr - ₹19.5 L/yr

arrow icon 24% more
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Varmora Granito Area Sales Manager Salary

7 - 14 years exp. (8 salaries)

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₹4.5 L/yr - ₹8.5 L/yr

arrow icon 54% less
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Samsung Area Sales Manager Salary

9 - 16 years exp. (7 salaries)

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₹8 L/yr - ₹20 L/yr

arrow icon 21% more
Area Sales Manager salary at Kotak Mahindra Bank ranges between ₹10.4 Lakhs to ₹16.8 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

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

1y ago
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11 years exp.
1y ago
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15 years exp.
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10 years exp.

Experience wise Kotak Mahindra Bank Area Sales Manager salaries in Visakhapatnam

Last Updated: 28 Jun 2023

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹22.1 L/yr
11 years (AmbitionBox Estimate)

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₹9 L/yr - ₹22.9 L/yr
12 years (AmbitionBox Estimate)

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₹11.9 L/yr - ₹15.2 L/yr
13 years (AmbitionBox Estimate)

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₹12.3 L/yr - ₹15.7 L/yr
14 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹25.4 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

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₹5.32 L/yr - ₹8.3 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

4.0

Rated by 1 employees for salary & benefits

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.

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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

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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

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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.

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Full Time

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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.

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Dislikes

Salary, promortion - these are the worst over here.

Full Time

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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.

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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.

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Full Time

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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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Kotak Mahindra Bank Area Sales Manager Salary FAQs

What is the salary of Area Sales Manager at Kotak Mahindra Bank Visakhapatnam?
Area Sales Manager salary at Kotak Mahindra Bank in Visakhapatnam ranges between ₹10.4 Lakhs to ₹16.8 Lakhs for experience between 10 years to 15 years. According to our estimates it is 19% 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 Visakhapatnam.
How does the salary of a Area Sales Manager at Kotak Mahindra Bank Visakhapatnam compare with the average salary range for this job?
The average salary of a Area Sales Manager at Kotak Mahindra Bank is 19% more than the average salary of a Area Sales Manager in Visakhapatnam. 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 Visakhapatnam.
Which similar companies are paying more than Kotak Mahindra Bank to a Area Sales Manager in Visakhapatnam?
  • ITC Area Sales Manager Salary - ₹9.5 Lakhs to ₹19.5 Lakhs per year
  • Samsung Area Sales Manager Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year
What is the salary of a Area Sales Manager in companies similar to Kotak Mahindra Bank in Visakhapatnam?
  • Jaquar Area Sales Manager Salary - ₹7.1 Lakhs to ₹12.5 Lakhs per year
  • Dr. Reddy's Area Sales Manager Salary - ₹5.4 Lakhs to ₹12.0 Lakhs per year
  • Varmora Granito Area Sales Manager Salary - ₹4.5 Lakhs to ₹8.5 Lakhs per year
What is the estimated take home salary of a Area Sales Manager at Kotak Mahindra Bank in Visakhapatnam?
The estimated take-home salary of a Area Sales Manager at Kotak Mahindra Bank ranges between ₹90,071 per month to ₹92,438 per month in Visakhapatnam. The take-home salary calculation is based on the average Kotak Mahindra Bank Area Sales Manager salary in India which ranges between ₹10.4 Lakhs to ₹16.8 Lakhs per year for employees with experience between 10 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Area Sales Manager at Kotak Mahindra Bank in Visakhapatnam?
According to AmbitionBox, 100% of the Kotak Mahindra Bank Area Sales Managers in Visakhapatnam reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Area Sales Manager salary in Visakhapatnam ranges between ₹10.4 Lakhs to ₹16.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.