Kotak Mahindra Bank Location Sales Manager Salaries by 60+ Employees

9 - 17 years exp.

₹7 Lakhs - ₹22.5 Lakhs

Salary of majority employees

43% more than the average Location Sales Manager Salary in Banking Companies for 9 - 17 years of experience

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Salaries in different departments

Sales & Business Development Location Sales Manager Salary 9 - 17 years exp. (40 salaries)	₹7 L/yr - ₹20.4 L/yr
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BFSI, Investments & Trading Location Sales Manager Salary 9 - 17 years exp. (19 salaries)	₹7.1 L/yr - ₹22 L/yr

Last Updated: 24 Nov 2024

Companies similar to Kotak Mahindra Bank for Location Sales Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Prime Location Sales Manager Salary 5 - 17 years exp. (33 salaries)	₹5.5 L/yr - ₹17 L/yr 23% less
Hinduja Leyland Finance Location Sales Manager Salary 0 - 4 years exp. (5 salaries)	₹3.5 L/yr - ₹4.1 L/yr 72% less
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Aadhar Housing Finance Location Sales Manager Salary 7 - 9 years exp. (4 salaries)	₹4.8 L/yr - ₹5.4 L/yr 61% less
Oyo Rooms Location Sales Manager Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 74% less
Tata Capital Location Sales Manager Salary 11 - 13 years exp. (3 salaries)	₹8.2 L/yr - ₹10.4 L/yr 33% less

Location Sales Manager salary at Kotak Mahindra Bank ranges between ₹7 Lakhs to ₹22.5 Lakhs per year for employees with experience between 9 years to 17 years. Salary estimates are based on 63 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Location Sales Manager salaries

Last Updated: 24 Nov 2024

Experience	Avg Annual Salary
9 years (6 salaries)	₹7 L/yr - ₹23.6 L/yr
10 years (6 salaries)	₹7 L/yr - ₹14.5 L/yr
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11 years (6 salaries)	₹7 L/yr - ₹15 L/yr
12 years (11 salaries)	₹8 L/yr - ₹17 L/yr
13 years (5 salaries)	₹9.1 L/yr - ₹18.8 L/yr
14 years (8 salaries)	₹9 L/yr - ₹22 L/yr
15+ years (21 salaries)	₹8.6 L/yr - ₹22.5 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Zonal Sales Manager Salary

(10 salaries)

₹27 L/yr - ₹62 L/yr

Senior Sales Manager Salary

(74 salaries)

₹7.5 L/yr - ₹14 L/yr

Area Sales Manager Salary

(248 salaries)

₹5.52 L/yr - ₹23 L/yr

Assistant Sales Manager Salary

(247 salaries)

₹1.8 L/yr - ₹5 L/yr

Territory Sales Manager Salary

(70 salaries)

₹3.8 L/yr - ₹12.5 L/yr

Regional Manager Salary

(33 salaries)

₹4.62 L/yr - ₹20 L/yr

Relationship Manager Salary

(2.3k salaries)

₹1.5 L/yr - ₹10 L/yr

Sales Manager Salary

(749 salaries)

₹2.17 L/yr - ₹10 L/yr

Business Manager Salary

(34 salaries)

₹7.25 L/yr - ₹15.4 L/yr

Branch Manager Salary

(1k salaries)

₹7 L/yr - ₹26 L/yr

Top skills at Kotak Mahindra Bank for Location Sales Manager

Sales Management Team Management Auto Loans Sales Management Loan against Property Dealer Management Business Development Secured Loan Team Handling Housing Loan Consumer Durables Sales Leadership Skills Agency Management Mortgage

Salary related reviews for Kotak Mahindra Bank

3.2

Rated by 13 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.

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

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.

Work-life balance - Good

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.

Skill development - Poor

+1 more

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.

Salary - Poor

+4 more

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Location Sales Manager Salary FAQs

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

The average salary of a Location Sales Manager at Kotak Mahindra Bank in India typically ranges from ₹7.0 Lakhs to ₹22.5 Lakhs per year, depending on experience (from 9 years to 17 years).

The top 10% of Location Sales Manager at Kotak Mahindra Bank earn more than ₹17.1 Lakhs per year, and the top 1% earn over ₹22.4 Lakhs per year. Location 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 Location Sales Manager at Kotak Mahindra Bank in India?

The estimated take-home salary of a Location Sales Manager at Kotak Mahindra Bank in India typically ranges from ₹96,738 to ₹99,355 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹22.5 Lakhs per year for employees with experience ranging from 9 years to 17 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 Location Sales Manager at Kotak Mahindra Bank ?

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

- Sales Management
- Team Management
- Auto Loans
- Sales Management
- Loan against Property

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

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

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

Kotak Mahindra Prime	₹5.5 Lakhs to ₹17.0 Lakhs per year
Tata Capital	₹8.2 Lakhs to ₹10.4 Lakhs per year
Aadhar Housing Finance	₹4.8 Lakhs to ₹5.4 Lakhs per year
Hinduja Leyland Finance	₹3.5 Lakhs to ₹4.1 Lakhs per year
Oyo Rooms	₹3.0 Lakhs to ₹4.5 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 Location Sales Manager at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
9 years	₹7.0 Lakhs to ₹23.6 Lakhs per year
10 years	₹7.0 Lakhs to ₹14.5 Lakhs per year
11 years	₹7.0 Lakhs to ₹15.0 Lakhs per year
12 years	₹8.0 Lakhs to ₹17.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Location Sales Manager Salaries by Location

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Kotak Mahindra Bank Location Sales Manager Salaries

Kotak Mahindra Bank Location Sales Manager salary in India ranges between ₹7 Lakhs to ₹22.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 63 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Location Sales Manager salaries in India

Companies similar to Kotak Mahindra Bank for Location Sales Manager

Latest annual salaries shared by Kotak Mahindra Bank Location Sales Manager

Experience wise Kotak Mahindra Bank Location Sales Manager salaries

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Location 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 Location Sales Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Location Sales Manager Salaries by Location