Kotak Mahindra Bank Mumbai Premium Acquisition Manager Salaries by 5 Employees (Updated 2025)

2 - 6 years exp.

₹3.2 Lakhs - ₹5.2 Lakhs

Salary of majority employees

21% less than the average Premium Acquisition Manager Salary in Banking Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Premium Acquisition Manager Salary 3 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹4.1 L/yr
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Sales & Business Development Premium Acquisition Manager Salary 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.4 L/yr

Last Updated: 14 May 2024

Companies similar to Kotak Mahindra Bank for Premium Acquisition Manager in Mumbai

Kotak Mahindra Bank Premium Acquisition Manager Salary

2 - 6 years exp. (5 salaries)

₹3.2 L/yr - ₹5.2 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Premium Acquisition Manager Salary 0 - 7 years exp. (21 salaries)	₹3 L/yr - ₹6.9 L/yr 37% more	2 job openings

Premium Acquisition Manager salary at Kotak Mahindra Bank ranges between ₹3.2 Lakhs to ₹5.2 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Premium Acquisition Manager salaries in Mumbai

Last Updated: 14 May 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹5.2 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.7 L/yr
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4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.8 L/yr

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Senior Relationship Manager Salary

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Senior Sales Manager Salary

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₹8.15 L/yr - ₹13.55 L/yr

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

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

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

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

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindra Bank Premium Acquisition Manager Salary FAQs

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

Premium Acquisition Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹3.2 Lakhs to ₹5.2 Lakhs for experience between 2 years to 6 years. According to our estimates it is 21% less than the average Premium Acquisition Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Premium Acquisition Manager at Kotak Mahindra Bank is 21% less than the average salary of a Premium Acquisition Manager in Mumbai. 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 Mumbai.

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

IndusInd Bank Premium Acquisition Manager Salary - ₹3.0 Lakhs to ₹6.9 Lakhs per year

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

The estimated take-home salary of a Premium Acquisition Manager at Kotak Mahindra Bank ranges between ₹31,974 per month to ₹33,259 per month in Mumbai. 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 ₹5.2 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Kotak Mahindra Bank Premium Acquisition Managers in Mumbai reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Premium Acquisition Manager Salaries in Mumbai

Kotak Mahindra Bank Premium Acquisition Manager salary in Mumbai ranges between ₹3.2 Lakhs to ₹5.2 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.