Kotak Mahindra Bank Branch Sales Officer Salaries by 5 Employees

0 - 8 years exp.

₹1.9 Lakh - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Branch Sales Officer Salary in Banking Companies for 0 - 8 years of experience

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Last Updated: 21 Mar 2024

Companies similar to Kotak Mahindra Bank for Branch Sales Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Sales Officer Salary 0 - 8 years exp. (727 salaries)	₹1.2 L/yr - ₹4.2 L/yr 1% more
Bandhan Bank Branch Sales Officer Salary 0 - 3 years exp. (83 salaries)	₹1.5 L/yr - ₹2.8 L/yr 16% less
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Axis Bank Branch Sales Officer Salary 0 - 6 years exp. (40 salaries)	₹1.9 L/yr - ₹3.1 L/yr 6% less	1 job opening
ICICI Bank Branch Sales Officer Salary 0 - 6 years exp. (9 salaries)	₹1.8 L/yr - ₹3.2 L/yr 3% less
Ujjivan Small Finance Bank Branch Sales Officer Salary 1 - 6 years exp. (6 salaries)	₹2.2 L/yr - ₹3.6 L/yr 4% more
The Saraswat Co-operative Bank Branch Sales Officer Salary 3 - 8 years exp. (5 salaries)	₹3.5 L/yr - ₹4 L/yr 40% more
IDBI Bank Branch Sales Officer Salary 5 - 9 years exp. (4 salaries)	₹2 L/yr - ₹3.1 L/yr 3% less
IndusInd Bank Branch Sales Officer Salary 0 - 9 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr 39% more
Yes Bank Branch Sales Officer Salary 0 - 11 years exp. (4 salaries)	₹2.5 L/yr - ₹5.2 L/yr 46% more
Jana Small Finance Bank Branch Sales Officer Salary 0 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr 1% more
Karur Vysya Bank Branch Sales Officer Salary 1 - 2 years exp. (3 salaries)	₹3.6 L/yr - ₹4 L/yr 41% more
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Branch Sales Officer salary at Kotak Mahindra Bank ranges between ₹1.9 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Branch Sales Officer salaries

Last Updated: 21 Mar 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹1.9 L/yr - ₹2.9 L/yr
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.9 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
8 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.5 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

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₹1.15 L/yr - ₹4.3 L/yr

Unit Sales Manager Salary

(AmbitionBox Estimate)

₹5.8 L/yr - ₹7.4 L/yr

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₹7 L/yr - ₹26 L/yr

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₹5.52 L/yr - ₹23 L/yr

Senior Sales Manager Salary

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₹7.5 L/yr - ₹14 L/yr

Senior Officer Salary

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₹2.3 L/yr - ₹4.5 L/yr

Relationship Officer Salary

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₹2 L/yr - ₹6.5 L/yr

Branch Head Salary

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₹7.9 L/yr - ₹25 L/yr

Salary related reviews for Kotak Mahindra Bank

5.0

Rated by 1 employees for salary & benefits

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Salary - Good

+1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Skill development - Bad

+3 more

Cluster Head in Shivamogga

Full Time

Other Department

1.0

• posted on 15 Nov 2024

1.0

for Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

Salary - Bad

+6 more

Assistant Vice President in Ernakulam

Full Time

Finance & Accounting Department

4.0

• posted on 02 Jul 2024

1.0

for Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

Skill development - Good

+2 more

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

Salary - Bad

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

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Branch Sales Officer Salary FAQs

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

The average salary of a Branch Sales Officer at Kotak Mahindra Bank in India typically ranges from ₹1.9 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Branch Sales Officer at Kotak Mahindra Bank earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Branch Sales Officer 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 5 Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Branch Sales Officer at Kotak Mahindra Bank in India typically ranges from ₹18,623 to ₹20,307 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 8 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 5 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Mahindra Bank for Branch Sales Officer in India?

Yes Bank	₹2.5 Lakhs to ₹5.2 Lakhs per year
Karur Vysya Bank	₹3.6 Lakhs to ₹4.0 Lakhs per year
The Saraswat Co-operative Bank	₹3.5 Lakhs to ₹4.0 Lakhs per year
IndusInd Bank	₹3.0 Lakhs to ₹5.0 Lakhs per year
Ujjivan Small Finance Bank	₹2.2 Lakhs to ₹3.6 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 Officer in companies similar to Kotak Mahindra Bank in India?

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

Jana Small Finance Bank	₹2.4 Lakhs to ₹3.0 Lakhs per year
HDFC Bank	₹1.2 Lakhs to ₹4.2 Lakhs per year
ICICI Bank	₹1.8 Lakhs to ₹3.2 Lakhs per year
IDBI Bank	₹2.0 Lakhs to ₹3.1 Lakhs per year
Axis Bank	₹1.9 Lakhs to ₹3.1 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 Officer at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
Fresher	₹1.9 Lakhs to ₹2.9 Lakhs per year
1 year	₹2.3 Lakhs to ₹2.9 Lakhs per year
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
3 years	₹2.3 Lakhs to ₹3.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Branch Sales Officer Salaries

Kotak Mahindra Bank Branch Sales Officer salary in India ranges between ₹1.9 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.