Kotak Mahindra Bank Branch Sales Manager Salaries by 500+ Employees (Updated 2025)

3 - 13 years exp.

₹3.3 Lakhs - ₹11.3 Lakhs

Salary of majority employees

9% more than the average Branch Sales Manager Salary in Banking Companies for 3 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Sales Manager Salary 3 - 12 years exp. (234 salaries)	₹3.3 L/yr - ₹11 L/yr
Sales & Business Development Branch Sales Manager Salary 3 - 13 years exp. (142 salaries)	₹3 L/yr - ₹11.3 L/yr
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Customer Success, Service & Operations Branch Sales Manager Salary 3 - 13 years exp. (49 salaries)	₹3.5 L/yr - ₹10.7 L/yr
Marketing & Communication Branch Sales Manager Salary 3 - 13 years exp. (18 salaries)	₹3.2 L/yr - ₹10.1 L/yr
Finance & Accounting Branch Sales Manager Salary 3 - 11 years exp. (14 salaries)	₹4.5 L/yr - ₹9.3 L/yr

Last Updated: 17 Jan 2025

Companies similar to Kotak Mahindra Bank for Branch Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Sales Manager Salary 4 - 16 years exp. (710 salaries)	₹3.2 L/yr - ₹10 L/yr 2% more	2 job openings
ICICI Bank Branch Sales Manager Salary 1 - 15 years exp. (1.1k salaries)	₹2.7 L/yr - ₹12 L/yr At par
Login to view exact salary
Axis Bank Branch Sales Manager Salary 2 - 15 years exp. (875 salaries)	₹3 L/yr - ₹11.3 L/yr 8% less	1 job opening
Yes Bank Branch Sales Manager Salary 4 - 13 years exp. (18 salaries)	₹3 L/yr - ₹12.4 L/yr 2% less
IndusInd Bank Branch Sales Manager Salary 4 - 11 years exp. (152 salaries)	₹3.2 L/yr - ₹11.8 L/yr 1% less
IDFC FIRST Bank Branch Sales Manager Salary 5 - 13 years exp. (209 salaries)	₹3.6 L/yr - ₹12.3 L/yr 9% more	5 job openings
RBL Bank Branch Sales Manager Salary 4 - 18 years exp. (12 salaries)	₹6.9 L/yr - ₹9.4 L/yr 8% less	2 job openings
Bandhan Bank Branch Sales Manager Salary 4 - 14 years exp. (410 salaries)	₹3 L/yr - ₹12.5 L/yr 3% more
DCB Bank Branch Sales Manager Salary 1 - 12 years exp. (43 salaries)	₹5 L/yr - ₹9 L/yr 11% less
Utkarsh Small Finance Bank Branch Sales Manager Salary 4 - 12 years exp. (228 salaries)	₹3.3 L/yr - ₹9.1 L/yr 15% less
Jana Small Finance Bank Branch Sales Manager Salary 3 - 14 years exp. (155 salaries)	₹2.6 L/yr - ₹9.5 L/yr 23% less
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Ujjivan Small Finance Bank Branch Sales Manager Salary 6 - 12 years exp. (54 salaries)	₹4.2 L/yr - ₹10.1 L/yr 5% more
Karur Vysya Bank Branch Sales Manager Salary 1 - 9 years exp. (47 salaries)	₹4 L/yr - ₹11 L/yr At par
IDBI Bank Branch Sales Manager Salary 5 - 10 years exp. (5 salaries)	₹2.5 L/yr - ₹6.1 L/yr 45% less
Bank of Baroda Branch Sales Manager Salary 6 - 8 years exp. (5 salaries)	₹6.5 L/yr - ₹7.7 L/yr 6% less
State Bank of India Branch Sales Manager Salary 3 - 4 years exp. (3 salaries)	₹1.2 L/yr - ₹5 L/yr 56% less

Branch Sales Manager salary at Kotak Mahindra Bank ranges between ₹3.3 Lakhs to ₹11.3 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 523 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Branch Sales Manager salaries

Last Updated: 17 Jan 2025

Experience	Avg Annual Salary
3 years (19 salaries)	₹3 L/yr - ₹7 L/yr
4 years (32 salaries)	₹3.3 L/yr - ₹8 L/yr
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5 years (75 salaries)	₹2.5 L/yr - ₹8.5 L/yr
6 years (54 salaries)	₹3.3 L/yr - ₹9 L/yr
7 years (78 salaries)	₹3.3 L/yr - ₹9 L/yr
8 years (83 salaries)	₹4 L/yr - ₹9.4 L/yr
9 years (61 salaries)	₹4.2 L/yr - ₹11 L/yr
10 years (69 salaries)	₹4.5 L/yr - ₹11 L/yr
11 years (29 salaries)	₹5.9 L/yr - ₹10.5 L/yr
12 years (18 salaries)	₹6.3 L/yr - ₹11.3 L/yr
13 years (5 salaries)	₹8 L/yr - ₹10.3 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Area Sales Manager Salary

(247 salaries)

₹5.8 L/yr - ₹23 L/yr

Senior Sales Manager Salary

(70 salaries)

₹7.5 L/yr - ₹13.55 L/yr

Branch Manager Salary

(1k salaries)

₹6.78 L/yr - ₹25.56 L/yr

Sales Manager Salary

(767 salaries)

₹1.2 L/yr - ₹11 L/yr

Assistant Sales Manager Salary

(291 salaries)

₹1.7 L/yr - ₹4.5 L/yr

Area Manager Salary

(94 salaries)

₹7 L/yr - ₹27.04 L/yr

Business Manager Salary

(29 salaries)

₹7.25 L/yr - ₹15.4 L/yr

Senior Branch Manager Salary

(77 salaries)

₹6.75 L/yr - ₹18.6 L/yr

Showroom Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Top skills at Kotak Mahindra Bank for Branch Sales Manager

Current Account bsm Casa Team Handling Retail Liabilities Sales Management Branch Sales Branch Banking Team Management Current Account Insurance Retail Branch Banking Trade Sales Field Sales Direct Sales

Salary related reviews for Kotak Mahindra Bank

3.8

Rated by 159 employees for salary & benefits

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.

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Deputy Manager in Thane

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Nov 2023

2.0

for Salary and Benefits

Likes

Work profile and process is good.

Dislikes

Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

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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 Branch Sales Manager Salary FAQs

What is the salary of Branch Sales Manager at Kotak Mahindra Bank?

Branch Sales Manager salary at Kotak Mahindra Bank in India ranges between ₹3.3 Lakhs to ₹11.3 Lakhs for experience between 3 years to 13 years. According to our estimates it is 9% more than the average Branch Sales Manager Salary in India. Salary estimates are based on 523 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Branch Sales Manager at Kotak Mahindra Bank is 9% more than the average salary of a Branch Sales Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Sales Manager at Kotak Mahindra Bank?

Current Account, bsm, Casa, Team Handling and Retail Liabilities are some of the popular skills required to work as a Branch Sales Manager at Kotak Mahindra Bank India.

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

IDFC FIRST Bank Branch Sales Manager Salary - ₹3.6 Lakhs to ₹12.3 Lakhs per year
Ujjivan Small Finance Bank Branch Sales Manager Salary - ₹4.2 Lakhs to ₹10.1 Lakhs per year
Bandhan Bank Branch Sales Manager Salary - ₹3.0 Lakhs to ₹12.5 Lakhs per year
HDFC Bank Branch Sales Manager Salary - ₹3.2 Lakhs to ₹10.0 Lakhs per year
Karur Vysya Bank Branch Sales Manager Salary - ₹4.0 Lakhs to ₹11.0 Lakhs per year

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

ICICI Bank Branch Sales Manager Salary - ₹2.7 Lakhs to ₹12.0 Lakhs per year
IndusInd Bank Branch Sales Manager Salary - ₹3.2 Lakhs to ₹11.8 Lakhs per year
Yes Bank Branch Sales Manager Salary - ₹3.0 Lakhs to ₹12.4 Lakhs per year
Bank of Baroda Branch Sales Manager Salary - ₹6.5 Lakhs to ₹7.7 Lakhs per year
Axis Bank Branch Sales Manager Salary - ₹3.0 Lakhs to ₹11.3 Lakhs per year

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

The estimated take-home salary of a Branch Sales Manager at Kotak Mahindra Bank ranges between ₹56,208 per month to ₹57,617 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Branch Sales Manager salary in India which ranges between ₹3.3 Lakhs to ₹11.3 Lakhs per year for employees with experience between 3 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Branch Sales Manager at Kotak Mahindra Bank?

According to AmbitionBox, 74% of the Kotak Mahindra Bank Branch Sales Managers reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 409 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Branch Sales Manager Salaries

Kotak Mahindra Bank Branch Sales Manager salary in India ranges between ₹3.3 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 523 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Branch Sales Manager salaries in India

Companies similar to Kotak Mahindra Bank for Branch Sales Manager

Latest annual salaries shared by Kotak Mahindra Bank Branch Sales Manager

Experience wise Kotak Mahindra Bank Branch Sales Manager salaries

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Branch Sales Manager

Salary related reviews for Kotak Mahindra Bank

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Deputy Manager in Thane

Kotak Mahindra Bank Branch Sales Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Branch Sales Manager Salaries by Location