Kotak Mahindra Bank Mumbai Branch Sales Manager Salaries by 60+ Employees (Updated 2025)

3 - 13 years exp.

₹3.6 Lakhs - ₹10.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

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 - 11 years exp. (29 salaries)	₹2.6 L/yr - ₹9 L/yr
Sales & Business Development Branch Sales Manager Salary 5 - 11 years exp. (17 salaries)	₹4 L/yr - ₹9.5 L/yr
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Customer Success, Service & Operations Branch Sales Manager Salary 4 - 13 years exp. (15 salaries)	₹4 L/yr - ₹10.3 L/yr
Finance & Accounting Branch Sales Manager Salary 6 - 10 years exp. (3 salaries)	₹5.6 L/yr - ₹9 L/yr

Last Updated: 8 Mar 2025

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

Kotak Mahindra Bank Branch Sales Manager Salary

3 - 13 years exp. (68 salaries)

₹3.6 L/yr - ₹10.3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Branch Sales Manager Salary 1 - 14 years exp. (170 salaries)	₹3.5 L/yr - ₹12 L/yr 1% less
HDFC Bank Branch Sales Manager Salary 4 - 13 years exp. (103 salaries)	₹3.1 L/yr - ₹12 L/yr 3% more	8 job openings
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Axis Bank Branch Sales Manager Salary 2 - 14 years exp. (73 salaries)	₹3 L/yr - ₹11.1 L/yr 4% less	3 job openings
Bandhan Bank Branch Sales Manager Salary 5 - 12 years exp. (20 salaries)	₹5 L/yr - ₹12.3 L/yr 10% more
IndusInd Bank Branch Sales Manager Salary 4 - 12 years exp. (14 salaries)	₹5.5 L/yr - ₹10 L/yr 4% more
IDFC FIRST Bank Branch Sales Manager Salary 4 - 11 years exp. (14 salaries)	₹4.2 L/yr - ₹10 L/yr 2% more	1 job opening
Utkarsh Small Finance Bank Branch Sales Manager Salary 4 - 10 years exp. (11 salaries)	₹3.9 L/yr - ₹8.1 L/yr 18% less	1 job opening
Karur Vysya Bank Branch Sales Manager Salary 4 - 11 years exp. (5 salaries)	₹7 L/yr - ₹9.5 L/yr 10% more	1 job opening
RBL Bank Branch Sales Manager Salary 4 - 10 years exp. (4 salaries)	₹4 L/yr - ₹8 L/yr 13% less
Jana Small Finance Bank Branch Sales Manager Salary 7 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹8.1 L/yr 31% less
Ujjivan Small Finance Bank Branch Sales Manager Salary 6 - 12 years exp. (4 salaries)	₹5.9 L/yr - ₹9.5 L/yr 4% more
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Yes Bank Branch Sales Manager Salary 7 - 8 years exp. (3 salaries)	₹4.6 L/yr - ₹7.8 L/yr 15% less

Branch Sales Manager salary at Kotak Mahindra Bank ranges between ₹3.6 Lakhs to ₹10.3 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 68 latest salaries received from various employees of Kotak Mahindra Bank.

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

1mo ago

₹7.9 Lakhs

11 years exp.

2mo ago

₹9.2 Lakhs

9 years exp.

4mo ago

₹5.6 Lakhs

6 years exp.

4mo ago

₹5.8 Lakhs

7 years exp.

4mo ago

₹5.6 Lakhs

5 years exp.

4mo ago

11 years exp.

6mo ago

13 years exp.

6mo ago

11 years exp.

7mo ago

10 years exp.

7mo ago

8 years exp.

Experience wise Kotak Mahindra Bank Branch Sales Manager salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
Login to view exact salary
5 years (12 salaries)	₹2.5 L/yr - ₹7.5 L/yr
6 years (11 salaries)	₹4 L/yr - ₹12.5 L/yr
7 years (13 salaries)	₹3.8 L/yr - ₹9 L/yr
8 years (8 salaries)	₹5.3 L/yr - ₹9 L/yr
9 years (9 salaries)	₹5.5 L/yr - ₹9.9 L/yr
10 years (7 salaries)	₹6 L/yr - ₹9 L/yr
11 years (4 salaries)	₹6.3 L/yr - ₹9.5 L/yr
12 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
13 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr

View all

From

Branch Sales Manager

₹

Lakhs/yr

3 - 13 years exp.

Regional Sales Manager

₹

Lakhs/yr

12 - 19 years exp.

Branch Sales Manager

3 - 13 years exp.

Branch Manager

8 - 20 years exp.

121% hike

Area Business Manager

8 - 19 years exp.

1% hike

From

View 3 more levels

Branch Sales Manager

3 - 13 years exp.

Senior Regional Business Manager

Salary unavailable

From

View 1 more level

Branch Sales Manager

3 - 13 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

(142 salaries)

₹10 L/yr - ₹30 L/yr

Sales Manager Salary

(133 salaries)

₹1.8 L/yr - ₹10.7 L/yr

Area Sales Manager Salary

(35 salaries)

₹6.5 L/yr - ₹16.8 L/yr

Assistant Sales Manager Salary

(23 salaries)

₹2 L/yr - ₹5 L/yr

Senior Sales Manager Salary

(13 salaries)

₹8.15 L/yr - ₹13.55 L/yr

Area Manager Salary

(8 salaries)

₹9 L/yr - ₹28.72 L/yr

Business Manager Salary

(5 salaries)

₹11.5 L/yr - ₹15.4 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

4.7

Rated by 5 employees for salary & benefits

Relationship Officer in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

On time salary

Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

Salary - Poor

+4 more

Senior Relationship Manager in Ranchi

Full Time

Sales & Business Development Department

1.0

• posted on 02 Mar 2025

2.0

for Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

Salary - Poor

+6 more

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

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Branch Sales Manager Salary FAQs

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

The average salary of a Branch Sales Manager at Kotak Mahindra Bank in Mumbai typically ranges from ₹3.6 Lakhs to ₹10.3 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Branch Sales Manager in Mumbai at Kotak Mahindra Bank earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹10.2 Lakhs per year. Branch 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 60+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Branch Sales Manager at Kotak Mahindra Bank in Mumbai typically ranges from ₹56,637 to ₹58,059 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹10.3 Lakhs per year for employees with experience ranging from 3 years to 13 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 60+ 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 Branch Sales Manager at Kotak Mahindra Bank in Mumbai?

To be a Branch Sales Manager at Kotak Mahindra Bank in Mumbai, the key skills required include:

- Current Account
- bsm
- Casa
- Team Handling
- Retail Liabilities

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 Branch Sales Manager in India?

Bandhan Bank	₹5.0 Lakhs to ₹12.3 Lakhs per year
Karur Vysya Bank	₹7.0 Lakhs to ₹9.5 Lakhs per year
IndusInd Bank	₹5.5 Lakhs to ₹10.0 Lakhs per year
Ujjivan Small Finance Bank	₹5.9 Lakhs to ₹9.5 Lakhs per year
HDFC Bank	₹3.1 Lakhs to ₹12.0 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 Branch Sales Manager in companies similar to Kotak Mahindra Bank in Mumbai?

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

IDFC FIRST Bank	₹4.2 Lakhs to ₹10.0 Lakhs per year
ICICI Bank	₹3.5 Lakhs to ₹12.0 Lakhs per year
Axis Bank	₹3.0 Lakhs to ₹11.1 Lakhs per year
RBL Bank	₹4.0 Lakhs to ₹8.0 Lakhs per year
Yes Bank	₹4.6 Lakhs to ₹7.8 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 Branch Sales Manager at Kotak Mahindra Bank in Mumbai?

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

Experience	Average Salary Range
3 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
4 years	₹5.6 Lakhs to ₹7.2 Lakhs per year
5 years	₹2.5 Lakhs to ₹7.5 Lakhs per year
6 years	₹4.0 Lakhs to ₹12.5 Lakhs per year

and so on.

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Kotak Mahindra Bank Branch Sales Manager Salaries in Mumbai

Kotak Mahindra Bank Branch Sales Manager salary in Mumbai ranges between ₹3.6 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 68 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Branch Sales Manager salaries in Mumbai (Updated 2025)

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

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

Experience wise Kotak Mahindra Bank Branch Sales Manager salaries in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Branch Sales Manager

Salary related reviews for Kotak Mahindra Bank

Relationship Officer in Visakhapatnam

Senior Relationship Manager in Ranchi

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Kotak Mahindra Bank Branch Sales Manager Salary FAQs

Tell us how to improve this page.