Kotak Mahindra Bank Direct Sales Team Salaries by 5 Employees (Updated 2025)

2 - 4 years exp.

₹2.7 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

22% more than the average Direct Sales Team Salary in Banking Companies for 2 - 4 years of experience

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Salaries in different departments

Finance & Accounting Direct Sales Team Salary 2 - 3 years exp. (3 salaries)	₹2.7 L/yr - ₹3 L/yr
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Sales & Business Development Direct Sales Team Salary 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 10 Oct 2024

Companies similar to Kotak Mahindra Bank for Direct Sales Team

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Direct Sales Team Salary 1 - 3 years exp. (7 salaries)	₹1.7 L/yr - ₹2.2 L/yr 34% less
VE Commercial Vehicles Direct Sales Team Salary 4 - 8 years exp. (8 salaries)	₹2.5 L/yr - ₹4.8 L/yr 30% more
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Cholamandalam MS General Insurance Direct Sales Team Salary 0 - 2 years exp. (6 salaries)	₹1.2 L/yr - ₹1.9 L/yr 44% less
Bharti Airtel Direct Sales Team Salary 5 - 7 years exp. (3 salaries)	₹2 L/yr - ₹3.5 L/yr 1% less
Reliance General Insurance Direct Sales Team Salary 2 - 6 years exp. (3 salaries)	₹1.5 L/yr - ₹2.4 L/yr 30% less

Direct Sales Team salary at Kotak Mahindra Bank ranges between ₹2.7 Lakhs to ₹3 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Direct Sales Team salaries

Last Updated: 10 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr

Salary related reviews for Kotak Mahindra Bank

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+2 more

Principal Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 27 Dec 2024

2.0

for Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

Salary - Poor

+4 more

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

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

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

Salary - Poor

+4 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Direct Sales Team Salary FAQs

What is the salary of Direct Sales Team at Kotak Mahindra Bank?

Direct Sales Team salary at Kotak Mahindra Bank in India ranges between ₹2.7 Lakhs to ₹3.0 Lakhs for experience between 2 years to 4 years. According to our estimates it is 22% more than the average Direct Sales Team Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Direct Sales Team at Kotak Mahindra Bank is 22% more than the average salary of a Direct Sales Team in India. To know exact salary insights, login to view.

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

VE Commercial Vehicles Direct Sales Team Salary - ₹2.5 Lakhs to ₹4.8 Lakhs per year

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

Bharti Airtel Direct Sales Team Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
Reliance General Insurance Direct Sales Team Salary - ₹1.5 Lakhs to ₹2.4 Lakhs per year
IDFC FIRST Bank Direct Sales Team Salary - ₹1.7 Lakhs to ₹2.2 Lakhs per year
Cholamandalam MS General Insurance Direct Sales Team Salary - ₹1.2 Lakhs to ₹1.9 Lakhs per year

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

The estimated take-home salary of a Direct Sales Team at Kotak Mahindra Bank ranges between ₹20,991 per month to ₹22,639 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Direct Sales Team salary in India which ranges between ₹2.7 Lakhs to ₹3.0 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Direct Sales Team at Kotak Mahindra Bank?

According to AmbitionBox, 67% of the Kotak Mahindra Bank Direct Sales Teams reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Direct Sales Team Salaries

Kotak Mahindra Bank Direct Sales Team salary in India ranges between ₹2.7 Lakhs to ₹3 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.