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Kotak Mahindra Bank Assistant Sales Manager salaries in Mumbai

Annual salary range
0 - 7 years exp.
₹1.8 Lakh - ₹4 Lakhs
Salary of majority employees
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43% less than the average Assistant Sales Manager Salary in Banking Companies for 0 - 7 years of experience

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Salaries in different departments

Sales & Business Development
Assistant Sales Manager Salary
1 - 6 years exp. (9 salaries)
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₹2.1 L/yr - ₹3.5 L/yr

BFSI, Investments & Trading
Assistant Sales Manager Salary
0 - 5 years exp. (7 salaries)
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₹2 L/yr - ₹3.5 L/yr

Finance & Accounting
Assistant Sales Manager Salary
1 - 7 years exp. (3 salaries)
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₹2.3 L/yr - ₹4 L/yr

Customer Success, Service & Operations
Assistant Sales Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹3.5 L/yr

Marketing & Communication
Assistant Sales Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3.6 L/yr

Last Updated: 24 Dec 2023

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

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Kotak Mahindra Bank Assistant Sales Manager Salary

0 - 7 years exp. (26 salaries)

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₹1.8 L/yr - ₹4 L/yr

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

2 - 11 years exp. (8 salaries)

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₹2.8 L/yr - ₹4.4 L/yr

arrow icon 7% more
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ICICI Bank Assistant Sales Manager Salary

1 - 5 years exp. (5 salaries)

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₹3 L/yr - ₹5 L/yr

arrow icon 21% more
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Axis Bank Assistant Sales Manager Salary

1 - 8 years exp. (37 salaries)

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₹2.4 L/yr - ₹4.4 L/yr

arrow icon 8% more
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IndusInd Bank Assistant Sales Manager Salary

3 - 7 years exp. (3 salaries)

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₹3 L/yr - ₹3.5 L/yr

arrow icon 4% more
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Yes Bank Assistant Sales Manager Salary

2 - 8 years exp. (6 salaries)

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₹3.2 L/yr - ₹4.5 L/yr

arrow icon 28% more
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₹4.1 L/yr - ₹5.8 L/yr

arrow icon 32% more
Assistant Sales Manager salary at Kotak Mahindra Bank ranges between ₹1.8 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 26 latest salaries received from various employees of Kotak Mahindra Bank.

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

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7 years exp.
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Experience wise Kotak Mahindra Bank Assistant Sales Manager salaries in Mumbai

Last Updated: 24 Dec 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2 L/yr - ₹5.2 L/yr
1 year  (7 salaries)

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₹1.8 L/yr - ₹5.3 L/yr
2 years  (5 salaries)

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₹2.3 L/yr - ₹3.3 L/yr
3 years  (3 salaries)

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₹2.4 L/yr - ₹3.4 L/yr
4 years  (6 salaries)

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₹2.1 L/yr - ₹3.5 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

Sales Manager Salary
(133 salaries)
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₹1.8 L/yr - ₹10.7 L/yr
Branch Manager Salary
(133 salaries)
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₹7.5 L/yr - ₹25.56 L/yr
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₹6.5 L/yr - ₹20 L/yr
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₹8.15 L/yr - ₹13.55 L/yr
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₹13.7 L/yr - ₹24.8 L/yr
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₹7.5 L/yr - ₹25 L/yr
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₹7.93 L/yr - ₹15.4 L/yr
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₹5.62 L/yr - ₹7.14 L/yr

Top skills at Kotak Mahindra Bank for Assistant Sales Manager

Casa Current Account Insurance Field Sales Customer Retention Customer Acquisition Saving Account Revenue Generation stock broking NBFC LI Current Account Field Sales CASA Insurance

Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 8 employees for salary & benefits

Pune Department

5.0
  •  posted on 10 Jul 2021

5.0
 for  Salary and Benefits

Likes

...mahindra bank I'm feeling a great. Because Company is very secure for Employees. Because during the covid situations no payment cut of, no employees reduced. Payment is time to time pay by Company. Managers are very supportive with HR department. Only some branches operations staff are not supported sometimes, I think they thinking is divided one think is operations department and another think is sales department and whenever if sales department person if they have any kind if help from operations but that time operations staff not to support.

read more

Dislikes

I thing no word about this question, But Operation department staff are not supporting if you argently help any kind of documentation regarding, they saying to come after some time and after sometime coming at they say another reasons.

read more

Other Department

1.0
  •  posted on 19 Mar 2021

1.0
 for  Salary and Benefits

Likes

Salary will be on time without delay

Dislikes

First 3 months they will provide training and after that they ask u to sale all the worst bank products to all customers.They ask u to travel 100 kms a day but they won't give u a single rupee for travel allowance.

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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.

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Dislikes

Salary, promortion - these are the worst over here.

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.

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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 Assistant Sales Manager Salary FAQs

What is the salary of Assistant Sales Manager at Kotak Mahindra Bank Mumbai?
Assistant Sales Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹1.8 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 43% less than the average Assistant Sales Manager Salary in India. Salary estimates are based on 26 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.
How does the salary of a Assistant Sales Manager at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?
The average salary of a Assistant Sales Manager at Kotak Mahindra Bank is 43% less than the average salary of a Assistant Sales Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Assistant Sales Manager at Kotak Mahindra Bank?
Casa, Current Account, Insurance, Field Sales and Customer Retention are some of the popular skills required to work as a Assistant Sales Manager at Kotak Mahindra Bank Mumbai.
Which similar companies are paying more than Kotak Mahindra Bank to a Assistant Sales Manager in Mumbai?
  • IDFC FIRST Bank Assistant Sales Manager Salary - ₹4.1 Lakhs to ₹5.8 Lakhs per year
  • Yes Bank Assistant Sales Manager Salary - ₹3.2 Lakhs to ₹4.5 Lakhs per year
  • ICICI Bank Assistant Sales Manager Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
  • Axis Bank Assistant Sales Manager Salary - ₹2.4 Lakhs to ₹4.4 Lakhs per year
  • HDFC Bank Assistant Sales Manager Salary - ₹2.8 Lakhs to ₹4.4 Lakhs per year
What is the salary of a Assistant Sales Manager in companies similar to Kotak Mahindra Bank in Mumbai?
  • IndusInd Bank Assistant Sales Manager Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Assistant Sales Manager at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Assistant Sales Manager at Kotak Mahindra Bank ranges between ₹23,224 per month to ₹24,689 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Sales Manager salary in India which ranges between ₹1.8 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?
What is the notice period for Assistant Sales Manager at Kotak Mahindra Bank in Mumbai?
According to AmbitionBox, 40% of the Kotak Mahindra Bank Assistant Sales Managers in Mumbai reported a notice period of 3 Months, 30% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Assistant Sales Manager salary in Mumbai ranges between ₹1.8 Lakh to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 26 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.