Kotak Mahindra Bank Sales and Promotion Executive Salaries by 10 Employees

0 - 4 years exp.

₹2 Lakhs - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

8% less than the average Sales and Promotion Executive Salary in Banking Companies for 0 - 4 years of experience

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Salaries in different departments

Sales & Business Development Sales and Promotion Executive Salary 1 - 3 years exp. (5 salaries)	₹2 L/yr - ₹4 L/yr
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Customer Success, Service & Operations Sales and Promotion Executive Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.9 L/yr

Last Updated: 23 Aug 2024

Companies similar to Kotak Mahindra Bank for Sales and Promotion Executive

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Sales and Promotion Executive Salary 1 - 4 years exp. (16 salaries)	₹1.7 L/yr - ₹3.5 L/yr 1% less
IDFC FIRST Bank Sales and Promotion Executive Salary 2 - 6 years exp. (12 salaries)	₹1.6 L/yr - ₹4 L/yr 2% more
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ICICI Bank Sales and Promotion Executive Salary 0 - 5 years exp. (11 salaries)	₹1.5 L/yr - ₹5.5 L/yr 28% more
Axis Bank Sales and Promotion Executive Salary 0 - 4 years exp. (10 salaries)	₹1.8 L/yr - ₹3 L/yr 3% less
Bandhan Bank Sales and Promotion Executive Salary 0 - 2 years exp. (5 salaries)	₹1.8 L/yr - ₹2.1 L/yr 24% less
IDBI Bank Sales and Promotion Executive Salary 4 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹3.6 L/yr 20% more
IndusInd Bank Sales and Promotion Executive Salary 0 - 8 years exp. (4 salaries)	₹1 L/yr - ₹4.8 L/yr 13% more
Yes Bank Sales and Promotion Executive Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹4 L/yr 15% more
Bank of Baroda Sales and Promotion Executive Salary 0 - 7 years exp. (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr 3% more
Ujjivan Small Finance Bank Sales and Promotion Executive Salary 2 - 5 years exp. (3 salaries)	₹2.3 L/yr - ₹3.5 L/yr 13% more
Paytm Payments Bank Sales and Promotion Executive Salary 3 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹5 L/yr 49% more
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Sales and Promotion Executive salary at Kotak Mahindra Bank ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Sales and Promotion Executive

6mo ago

₹2.1 Lakhs

2 years exp.

6mo ago

₹4 Lakhs

2 years exp.

7mo ago

₹4 Lakhs

1 year exp.

10mo ago

₹2 Lakhs

3 years exp.

1y ago

₹2.5 Lakhs

4 years exp.

1y ago

3 years exp.

1y ago

1 year exp.

1y ago

5 months exp.

1y ago

2 years exp.

1y ago

1 year exp.

Experience wise Kotak Mahindra Bank Sales and Promotion Executive salaries

Last Updated: 23 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
1 year (3 salaries)	₹2 L/yr - ₹4 L/yr
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2 years (3 salaries)	₹2.1 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Sales Executive Salary

(796 salaries)

₹1 L/yr - ₹5 L/yr

Marketing Executive Salary

(6 salaries)

₹2 L/yr - ₹4.7 L/yr

Senior Sales Executive Salary

(147 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Customer Executive Salary

(4 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Area Sales Executive Salary

(5 salaries)

₹1.4 L/yr - ₹2.2 L/yr

Territory Sales Executive Salary

(3 salaries)

₹2.5 L/yr - ₹9 L/yr

Sales Representative Salary

(5 salaries)

₹1.2 L/yr - ₹4.2 L/yr

Business Development Executive Salary

(48 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Sales Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Sales Associate Salary

(130 salaries)

₹1.5 L/yr - ₹4 L/yr

Salary related reviews for Kotak Mahindra Bank

1.0

Rated by 1 employees for salary & benefits

Relationship Officer in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

On time salary

Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

Salary - Poor

+4 more

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

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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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 Sales and Promotion Executive Salary FAQs

What is the salary of Sales and Promotion Executive at Kotak Mahindra Bank ?

The average salary of a Sales and Promotion Executive at Kotak Mahindra Bank in India typically ranges from ₹2.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Sales and Promotion Executive at Kotak Mahindra Bank earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Sales and Promotion Executive 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 Sales and Promotion Executive at Kotak Mahindra Bank in India?

The estimated take-home salary of a Sales and Promotion Executive at Kotak Mahindra Bank in India typically ranges from ₹17,883 to ₹19,578 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 4 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.

Which companies offer higher salaries than Kotak Mahindra Bank for Sales and Promotion Executive in India?

Paytm Payments Bank	₹2.2 Lakhs to ₹5.0 Lakhs per year
ICICI Bank	₹1.5 Lakhs to ₹5.5 Lakhs per year
IDBI Bank	₹2.8 Lakhs to ₹3.6 Lakhs per year
Yes Bank	₹1.5 Lakhs to ₹4.0 Lakhs per year
Ujjivan Small Finance Bank	₹2.3 Lakhs to ₹3.5 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 Sales and Promotion Executive in companies similar to Kotak Mahindra Bank in India?

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

IndusInd Bank	₹1.0 Lakhs to ₹4.8 Lakhs per year
Bank of Baroda	₹2.2 Lakhs to ₹3.5 Lakhs per year
IDFC FIRST Bank	₹1.6 Lakhs to ₹4.0 Lakhs per year
HDFC Bank	₹1.7 Lakhs to ₹3.5 Lakhs per year
Axis Bank	₹1.8 Lakhs to ₹3.0 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 Sales and Promotion Executive at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
Fresher	₹2.3 Lakhs to ₹2.9 Lakhs per year
1 year	₹2.0 Lakhs to ₹4.0 Lakhs per year
2 years	₹2.1 Lakhs to ₹4.0 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Kotak Mahindra Bank Sales and Promotion Executive Salaries by Location

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Kotak Mahindra Bank Sales and Promotion Executive Salaries

Kotak Mahindra Bank Sales and Promotion Executive salary in India ranges between ₹2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Sales and Promotion Executive salaries in India

Companies similar to Kotak Mahindra Bank for Sales and Promotion Executive

Latest annual salaries shared by Kotak Mahindra Bank Sales and Promotion Executive

Experience wise Kotak Mahindra Bank Sales and Promotion Executive salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Relationship Officer in Visakhapatnam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Kotak Mahindra Bank Sales and Promotion Executive Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Sales and Promotion Executive Salaries by Location