Kotak Mahindra Bank Mumbai Regional Sales Manager Salaries by 10+ Employees (Updated 2025)

13 - 19 years exp.

₹13.3 Lakhs - ₹29 Lakhs

Avg. annual salary

Monthly In-hand Salary

22% more than the average Regional Sales Manager Salary in Banking Companies for 13 - 19 years of experience

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Salaries in different departments

Sales & Business Development Regional Sales Manager Salary 13 - 19 years exp. (7 salaries)	₹13.3 L/yr - ₹29 L/yr
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BFSI, Investments & Trading Regional Sales Manager Salary 14 - 18 years exp. (4 salaries)	₹20 L/yr - ₹23 L/yr

Last Updated: 16 Mar 2025

Companies similar to Kotak Mahindra Bank for Regional Sales Manager in Mumbai

Kotak Mahindra Bank Regional Sales Manager Salary

13 - 19 years exp. (13 salaries)

₹13.3 L/yr - ₹29 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Regional Sales Manager Salary 12 - 23 years exp. (29 salaries)	₹14.3 L/yr - ₹30 L/yr 12% more	8 job openings
Axis Bank Regional Sales Manager Salary 11 - 20 years exp. (21 salaries)	₹12 L/yr - ₹27 L/yr 3% less
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Yes Bank Regional Sales Manager Salary 12 - 19 years exp. (11 salaries)	₹13.5 L/yr - ₹33.5 L/yr 13% more
Bandhan Bank Regional Sales Manager Salary 15 - 23 years exp. (9 salaries)	₹19.7 L/yr - ₹26 L/yr 12% more
ICICI Bank Regional Sales Manager Salary 10 - 14 years exp. (7 salaries)	₹8 L/yr - ₹21.9 L/yr 39% less
Utkarsh Small Finance Bank Regional Sales Manager Salary 9 - 18 years exp. (7 salaries)	₹9 L/yr - ₹18 L/yr 28% less
HDFC Bank Regional Sales Manager Salary 12 - 22 years exp. (6 salaries)	₹16 L/yr - ₹40 L/yr 50% more
IDFC FIRST Bank Regional Sales Manager Salary 8 - 22 years exp. (5 salaries)	₹19 L/yr - ₹26.5 L/yr 11% more
South Indian Bank Regional Sales Manager Salary 7 - 8 years exp. (4 salaries)	₹12.5 L/yr - ₹18 L/yr 28% less
RBL Bank Regional Sales Manager Salary 10 - 19 years exp. (3 salaries)	₹14 L/yr - ₹23.5 L/yr 11% less

Regional Sales Manager salary at Kotak Mahindra Bank ranges between ₹13.3 Lakhs to ₹29 Lakhs per year for employees with experience between 13 years to 19 years. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Regional Sales Manager in Mumbai

3w ago

₹13.3 Lakhs

15 years exp.

2mo ago

₹20 Lakhs

14 years exp.

3mo ago

₹25 Lakhs

18 years exp.

3mo ago

₹23 Lakhs

17 years exp.

4mo ago

₹23 Lakhs

18 years exp.

5mo ago

14 years exp.

1y ago

19 years exp.

1y ago

17 years exp.

1y ago

15 years exp.

Experience wise Kotak Mahindra Bank Regional Sales Manager salaries in Mumbai

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹18.4 L/yr - ₹23.5 L/yr
14 years (3 salaries)	₹13.3 L/yr - ₹37.8 L/yr
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15+ years (9 salaries)	₹13.3 L/yr - ₹29 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Relationship Manager Salary

(460 salaries)

₹1.8 L/yr - ₹10 L/yr

Branch Manager Salary

(142 salaries)

₹10 L/yr - ₹30 L/yr

Sales Manager Salary

(133 salaries)

₹1.8 L/yr - ₹10.7 L/yr

Branch Sales Manager Salary

(68 salaries)

₹3.62 L/yr - ₹10.25 L/yr

Sales Officer Salary

(65 salaries)

₹1.44 L/yr - ₹4 L/yr

Acquisition Manager Salary

(39 salaries)

₹1.8 L/yr - ₹4.3 L/yr

Product Sales Manager Salary

(38 salaries)

₹4.5 L/yr - ₹13 L/yr

Area Sales Manager Salary

(35 salaries)

₹6.5 L/yr - ₹16.8 L/yr

Senior Relationship Manager Salary

(34 salaries)

₹4.1 L/yr - ₹15.15 L/yr

Assistant Sales Manager Salary

(23 salaries)

₹2 L/yr - ₹5 L/yr

Top skills at Kotak Mahindra Bank for Regional Sales Manager

Regional Sales Sales Management housing loan housing finance Lap Relationship Management mortgage Client Acquisition Personal Loans Consumer Durables Profitability Business Development DSA Team Management Management Skills

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 1 employees for salary & benefits

Senior Relationship Manager in Ranchi

Full Time

Sales & Business Development Department

1.0

• posted on 02 Mar 2025

2.0

for Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

Salary - Poor

+6 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

Corporate Accounts Manager in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 12 Sep 2023

3.0

for Salary and Benefits

Likes

The likes depends on the manager if the manager is supporting and helpful it is great but if he is not then it is problematic.

Dislikes

...n who takes account is not even satisfied then how it will promote the business.if you want to work in salary business work for HSBC and Standard Chartered.

Skill development - Poor

+4 more

Senior Relationship Manager in Pune

Full Time

Product Management Department

4.0

• posted on 10 Oct 2022

3.0

for Salary and Benefits

Likes

Good Work life Balance Management is humble Good Brand

Job security - Excellent

+3 more

Dislikes

Not paying salary as per the grade Targets are not specified and keeps changing. Critical conditions to earn incentives Poor evaluation system

Skill development - Poor

Sales Officer in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 07 Jan 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues.

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Regional Sales Manager Salary FAQs

What is the salary of Regional Sales Manager at Kotak Mahindra Bank in Mumbai?

The average salary of a Regional Sales Manager at Kotak Mahindra Bank in Mumbai typically ranges from ₹13.3 Lakhs to ₹29.0 Lakhs per year, depending on experience (from 13 years to 19 years).

The top 10% of Regional Sales Manager in Mumbai at Kotak Mahindra Bank earn more than ₹28.2 Lakhs per year, and the top 1% earn over ₹29.0 Lakhs per year. Regional 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 10+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Regional Sales Manager at Kotak Mahindra Bank in Mumbai typically ranges from ₹1,41,593 to ₹1,46,859 per month. This is based on the average salary range of ₹13.3 Lakhs to ₹29.0 Lakhs per year for employees with experience ranging from 13 years to 19 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 10+ 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 Regional Sales Manager at Kotak Mahindra Bank in Mumbai?

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

- Regional Sales
- Sales Management
- housing loan
- housing finance
- Lap

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

Which companies offer higher salaries than Kotak Mahindra Bank for Regional Sales Manager in India?

HDFC Bank	₹16.0 Lakhs to ₹40.0 Lakhs per year
Yes Bank	₹13.5 Lakhs to ₹33.5 Lakhs per year
IndusInd Bank	₹14.3 Lakhs to ₹30.0 Lakhs per year
Bandhan Bank	₹19.7 Lakhs to ₹26.0 Lakhs per year
IDFC FIRST Bank	₹19.0 Lakhs to ₹26.5 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 Regional Sales Manager in companies similar to Kotak Mahindra Bank in Mumbai?

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

Axis Bank	₹12.0 Lakhs to ₹27.0 Lakhs per year
RBL Bank	₹14.0 Lakhs to ₹23.5 Lakhs per year
South Indian Bank	₹12.5 Lakhs to ₹18.0 Lakhs per year
Utkarsh Small Finance Bank	₹9.0 Lakhs to ₹18.0 Lakhs per year
ICICI Bank	₹8.0 Lakhs to ₹21.9 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 Regional Sales Manager at Kotak Mahindra Bank in Mumbai?

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

Experience	Average Salary Range
13 years	₹18.4 Lakhs to ₹23.5 Lakhs per year
14 years	₹13.3 Lakhs to ₹37.8 Lakhs per year
15 years	₹13.3 Lakhs to ₹29.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Regional Sales Manager Salaries in Mumbai

Kotak Mahindra Bank Regional Sales Manager salary in Mumbai ranges between ₹13.3 Lakhs to ₹29 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.