Kotak Mahindra Bank Sales Associate Salaries by 100+ Employees (Updated 2025)

0 - 6 years exp.

₹1.5 Lakh - ₹4 Lakhs

Salary of majority employees

16% less than the average Sales Associate Salary in Banking Companies for 0 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Sales Associate Salary 0 - 6 years exp. (42 salaries)	₹1.6 L/yr - ₹3.4 L/yr
BFSI, Investments & Trading Sales Associate Salary 0 - 6 years exp. (17 salaries)	₹1.6 L/yr - ₹3.2 L/yr
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Finance & Accounting Sales Associate Salary 0 - 5 years exp. (14 salaries)	₹1.8 L/yr - ₹3.6 L/yr
Customer Success, Service & Operations Sales Associate Salary 0 - 5 years exp. (8 salaries)	₹1.5 L/yr - ₹3.5 L/yr
Marketing & Communication Sales Associate Salary 3 - 6 years exp. (3 salaries)	₹2 L/yr - ₹3.2 L/yr

Last Updated: 20 Mar 2025

Companies similar to Kotak Mahindra Bank for Sales Associate

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Sales Associate Salary 0 - 6 years exp. (55 salaries)	₹1.4 L/yr - ₹3 L/yr 16% less
IDFC FIRST Bank Sales Associate Salary 0 - 3 years exp. (40 salaries)	₹1.3 L/yr - ₹3.8 L/yr 3% more
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Axis Bank Sales Associate Salary 0 - 6 years exp. (31 salaries)	₹1.6 L/yr - ₹4.6 L/yr 10% more
ICICI Bank Sales Associate Salary 1 - 7 years exp. (17 salaries)	₹1.9 L/yr - ₹3.5 L/yr At par
Paytm Payments Bank Sales Associate Salary 1 - 5 years exp. (10 salaries)	₹2 L/yr - ₹3.1 L/yr 5% less
IndusInd Bank Sales Associate Salary 0 - 4 years exp. (7 salaries)	₹2 L/yr - ₹3 L/yr 9% less
RBL Bank Sales Associate Salary 2 - 9 years exp. (6 salaries)	₹2 L/yr - ₹3.3 L/yr 2% less
IDBI Bank Sales Associate Salary 0 - 6 years exp. (5 salaries)	₹1.6 L/yr - ₹3.7 L/yr 2% less
Bandhan Bank Sales Associate Salary 0 - 3 years exp. (4 salaries)	₹1.6 L/yr - ₹2.5 L/yr 28% less
Karur Vysya Bank Sales Associate Salary 2 - 3 years exp. (3 salaries)	₹1.1 L/yr - ₹3 L/yr 23% less

Sales Associate salary at Kotak Mahindra Bank ranges between ₹1.5 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 130 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Sales Associate salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
Fresher (21 salaries)	₹1.6 L/yr - ₹2.8 L/yr
1 year (24 salaries)	₹1.7 L/yr - ₹3 L/yr
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2 years (17 salaries)	₹1.6 L/yr - ₹3.3 L/yr
3 years (30 salaries)	₹1.5 L/yr - ₹3.6 L/yr
4 years (18 salaries)	₹1.5 L/yr - ₹4 L/yr
5 years (12 salaries)	₹1.8 L/yr - ₹4 L/yr
6 years (8 salaries)	₹1.8 L/yr - ₹3.2 L/yr

View all

From

Sales Associate

₹

Lakhs/yr

0 - 6 years exp.

Deputy Manager

₹

Lakhs/yr

0 - 13 years exp.

Sales Associate 0 - 6 years exp.

Assistant Manager 0 - 9 years exp.

31% hike

Deputy Manager 0 - 13 years exp.

43% hike

From

Sales Associate

0 - 6 years exp.

Junior Customer Service Executive

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Bank

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₹1.15 L/yr - ₹4.3 L/yr

Sales Manager Salary

(868 salaries)

₹2.04 L/yr - ₹10 L/yr

Salesman Salary

(3 salaries)

₹2.25 L/yr - ₹3.5 L/yr

Sales Representative Salary

(5 salaries)

₹1.2 L/yr - ₹4.2 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Cashier Salary

(69 salaries)

₹2 L/yr - ₹3.8 L/yr

Pharmacist Salary

(3 salaries)

₹0.4 L/yr - ₹3 L/yr

Team Lead Salary

(417 salaries)

₹1.5 L/yr - ₹6.75 L/yr

Area Sales Manager Salary

(259 salaries)

₹5.37 L/yr - ₹23 L/yr

Salary related reviews for Kotak Mahindra Bank

3.8

Rated by 50 employees for salary & benefits

Sales Associate in Gurgaon / Gurugram

Sales & Business Development Department

5.0

• posted on 06 Aug 2020

3.0

for Salary and Benefits

Likes

... Managemant is transplant. There is a huge cafeteria. Company policies are good. Appraisals aren’t fair and salary too. And hike and bonus aren’t that much should be.

Skill development - Excellent

+4 more

Dislikes

There is a lot of politics. Salary is decent but career growth is slow. Unsecure job.

Sales Associate in Visakhapatnam

housinf loan division Department

5.0

• posted on 22 May 2018

4.0

for Salary and Benefits

Likes

to fullfill the tagets , higher authority will support in topend by taking all approvals...beyond policy based on comfort, good team work ,

Salary - Good

+4 more

Dislikes

... concerate on full fill the targets ..they wont concentrate from employee side..(salary hike, incentives) ,the main thing is less man power more work , no appriciations , no identification

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

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

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What people are saying about Kotak Mahindra Bank

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an assistant manager

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19 participants . poll closed

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Kotak Mahindra Bank Sales Associate Salary FAQs

What is the salary of Sales Associate at Kotak Mahindra Bank ?

The average salary of a Sales Associate at Kotak Mahindra Bank in India typically ranges from ₹1.5 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Sales Associate at Kotak Mahindra Bank earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Sales Associate 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 100+ Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a Sales Associate at Kotak Mahindra Bank in India?

The estimated take-home salary of a Sales Associate at Kotak Mahindra Bank in India typically ranges from ₹18,926 to ₹20,605 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 6 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 100+ 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 Associate in India?

Axis Bank	₹1.6 Lakhs to ₹4.6 Lakhs per year
IDFC FIRST Bank	₹1.3 Lakhs to ₹3.8 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 Associate in companies similar to Kotak Mahindra Bank in India?

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

ICICI Bank	₹1.9 Lakhs to ₹3.5 Lakhs per year
RBL Bank	₹2.0 Lakhs to ₹3.3 Lakhs per year
IDBI Bank	₹1.6 Lakhs to ₹3.7 Lakhs per year
Paytm Payments Bank	₹2.0 Lakhs to ₹3.1 Lakhs per year
IndusInd Bank	₹2.0 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 Associate at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
Fresher	₹1.6 Lakhs to ₹2.8 Lakhs per year
1 year	₹1.7 Lakhs to ₹3.0 Lakhs per year
2 years	₹1.6 Lakhs to ₹3.3 Lakhs per year
3 years	₹1.5 Lakhs to ₹3.6 Lakhs per year

and so on.

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Kotak Mahindra Bank Sales Associate Salaries by Location

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Kotak Mahindra Bank Sales Associate Salaries

Kotak Mahindra Bank Sales Associate salary in India ranges between ₹1.5 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 130 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Sales Associate salaries in India (Updated 2025)

Companies similar to Kotak Mahindra Bank for Sales Associate

Latest annual salaries shared by Kotak Mahindra Bank Sales Associate

Experience wise Kotak Mahindra Bank Sales Associate salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Sales Associate in Gurgaon / Gurugram

Sales Associate in Visakhapatnam

Senior Relationship Manager in Ranchi

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Kotak Mahindra Bank Sales Associate Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Sales Associate Salaries by Location