Kotak Mahindra Bank Premium Acquisition Manager Salaries by 50+ Employees (Updated 2025)

0 - 6 years exp.

₹3.2 Lakhs - ₹5.5 Lakhs

Salary of majority employees

19% less than the average Premium Acquisition Manager Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

Sales & Business Development Premium Acquisition Manager Salary 0 - 6 years exp. (19 salaries)	₹3.2 L/yr - ₹5.1 L/yr
BFSI, Investments & Trading Premium Acquisition Manager Salary 0 - 6 years exp. (15 salaries)	₹3.5 L/yr - ₹5 L/yr
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Finance & Accounting Premium Acquisition Manager Salary 2 - 4 years exp. (4 salaries)	₹4.6 L/yr - ₹5.5 L/yr
Customer Success, Service & Operations Premium Acquisition Manager Salary 1 - 6 years exp. (3 salaries)	₹4.1 L/yr - ₹4.5 L/yr

Last Updated: 13 Dec 2024

Companies similar to Kotak Mahindra Bank for Premium Acquisition Manager

Company name	Avg Annual Salary	Open Jobs
Axis Bank Premium Acquisition Manager Salary 3 - 5 years exp. (4 salaries)	₹5.8 L/yr - ₹6.1 L/yr 38% more
IndusInd Bank Premium Acquisition Manager Salary 0 - 8 years exp. (100 salaries)	₹3 L/yr - ₹7 L/yr 43% more
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Yes Bank Premium Acquisition Manager Salary 2 - 10 years exp. (33 salaries)	₹3.5 L/yr - ₹8.1 L/yr 40% more
RBL Bank Premium Acquisition Manager Salary 1 - 14 years exp. (7 salaries)	₹5.4 L/yr - ₹7.3 L/yr 44% more
Equitas Small Finance Bank Premium Acquisition Manager Salary 0 - 7 years exp. (15 salaries)	₹4 L/yr - ₹5.5 L/yr 19% more

Premium Acquisition Manager salary at Kotak Mahindra Bank ranges between ₹3.2 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 54 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Premium Acquisition Manager salaries

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.5 L/yr
1 year (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
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2 years (12 salaries)	₹3.2 L/yr - ₹5.2 L/yr
3 years (8 salaries)	₹3.2 L/yr - ₹5 L/yr
4 years (16 salaries)	₹3.5 L/yr - ₹5.5 L/yr
5 years (7 salaries)	₹3.5 L/yr - ₹4.5 L/yr
6 years (6 salaries)	₹3.5 L/yr - ₹4.5 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

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Top skills at Kotak Mahindra Bank for Premium Acquisition Manager

Current Account Casa Saving Account HNI Acquisition Field Sales Insurance Business Development Cross Selling Retail Sales LI Sales Revenue Generation Life Insurance General Insurance Customer Acquisition

Salary related reviews for Kotak Mahindra Bank

3.9

Rated by 9 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.

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.

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

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.

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.

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Salary Discussions, Hike & Promotions

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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 Premium Acquisition Manager Salary FAQs

What is the salary of Premium Acquisition Manager at Kotak Mahindra Bank?

Premium Acquisition Manager salary at Kotak Mahindra Bank in India ranges between ₹3.2 Lakhs to ₹5.5 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 19% less than the average Premium Acquisition Manager Salary in India. Salary estimates are based on 54 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Premium Acquisition Manager at Kotak Mahindra Bank is 19% less than the average salary of a Premium Acquisition Manager in India. To know exact salary insights, login to view.

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

Current Account, Casa, Saving Account, HNI Acquisition and Field Sales are some of the popular skills required to work as a Premium Acquisition Manager at Kotak Mahindra Bank India.

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

RBL Bank Premium Acquisition Manager Salary - ₹5.4 Lakhs to ₹7.3 Lakhs per year
IndusInd Bank Premium Acquisition Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Yes Bank Premium Acquisition Manager Salary - ₹3.5 Lakhs to ₹8.1 Lakhs per year
Axis Bank Premium Acquisition Manager Salary - ₹5.8 Lakhs to ₹6.1 Lakhs per year
Equitas Small Finance Bank Premium Acquisition Manager Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a Premium Acquisition Manager at Kotak Mahindra Bank ranges between ₹31,536 per month to ₹32,827 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Premium Acquisition Manager salary in India which ranges between ₹3.2 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Premium Acquisition Manager at Kotak Mahindra Bank?

According to AmbitionBox, 45% of the Kotak Mahindra Bank Premium Acquisition Managers reported a notice period of 3 Months, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 53 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Premium Acquisition Manager Salaries

Kotak Mahindra Bank Premium Acquisition Manager salary in India ranges between ₹3.2 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 54 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Premium Acquisition Manager salaries in India

Companies similar to Kotak Mahindra Bank for Premium Acquisition Manager

Latest annual salaries shared by Kotak Mahindra Bank Premium Acquisition Manager

Experience wise Kotak Mahindra Bank Premium Acquisition Manager salaries

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Premium Acquisition Manager

Salary related reviews for Kotak Mahindra Bank

Branch Relationship Manager in Kolkata

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Kotak Mahindra Bank Premium Acquisition Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Premium Acquisition Manager Salaries by Location