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Kotak Mahindra Bank Sales Associate salaries in India

Annual salary range
0 - 6 years exp.
₹1.5 Lakh - ₹4 Lakhs
Salary of majority employees
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17% less than the average Sales Associate Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

Sales & Business Development
Sales Associate Salary
0 - 6 years exp. (41 salaries)
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₹1.6 L/yr - ₹3.4 L/yr

BFSI, Investments & Trading
Sales Associate Salary
0 - 6 years exp. (18 salaries)
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₹1.6 L/yr - ₹3.2 L/yr

Finance & Accounting
Sales Associate Salary
0 - 3 years exp. (14 salaries)
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₹1.8 L/yr - ₹3.6 L/yr

Customer Success, Service & Operations
Sales Associate Salary
0 - 5 years exp. (8 salaries)
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₹1.5 L/yr - ₹3.5 L/yr

Marketing & Communication
Sales Associate Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Last Updated: 8 Feb 2025

Companies similar to Kotak Mahindra Bank for Sales Associate

Company name Avg Annual Salary Open Jobs
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HDFC Bank Sales Associate Salary

0 - 6 years exp. (55 salaries)

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₹1.4 L/yr - ₹3 L/yr

arrow icon 12% less
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ICICI Bank Sales Associate Salary

1 - 6 years exp. (17 salaries)

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₹1.9 L/yr - ₹3.5 L/yr

arrow icon 2% more
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Axis Bank Sales Associate Salary

0 - 6 years exp. (28 salaries)

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₹1.6 L/yr - ₹4.6 L/yr

arrow icon 11% more
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State Bank of India Sales Associate Salary

5 - 6 years exp. (4 salaries)

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₹2.1 L/yr - ₹3 L/yr

arrow icon 4% more
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IndusInd Bank Sales Associate Salary

0 - 3 years exp. (7 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 7% less
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IDFC FIRST Bank Sales Associate Salary

0 - 6 years exp. (52 salaries)

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₹1.3 L/yr - ₹3.8 L/yr

arrow icon 6% more
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RBL Bank Sales Associate Salary

2 - 8 years exp. (6 salaries)

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₹2 L/yr - ₹3.3 L/yr

At par
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Bandhan Bank Sales Associate Salary

0 - 3 years exp. (4 salaries)

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₹1.6 L/yr - ₹2.5 L/yr

arrow icon 26% less
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Paytm Payments Bank Sales Associate Salary

1 - 5 years exp. (10 salaries)

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₹2 L/yr - ₹3.1 L/yr

arrow icon 3% less
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IDBI Bank Sales Associate Salary

0 - 6 years exp. (5 salaries)

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₹1.6 L/yr - ₹3.7 L/yr

At par
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Karur Vysya Bank Sales Associate Salary

2 - 3 years exp. (3 salaries)

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₹1.1 L/yr - ₹3 L/yr

arrow icon 22% 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 127 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Sales Associate

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Experience wise Kotak Mahindra Bank Sales Associate salaries

Last Updated: 8 Feb 2025

Experience Avg Annual Salary
Fresher  (22 salaries)

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₹1.6 L/yr - ₹2.8 L/yr
1 year  (24 salaries)

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₹1.7 L/yr - ₹3 L/yr
2 years  (19 salaries)

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₹1.6 L/yr - ₹3.5 L/yr
3 years  (28 salaries)

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₹1.5 L/yr - ₹3.6 L/yr
4 years  (18 salaries)

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₹1.5 L/yr - ₹4 L/yr
View all
Kotak Mahindra Bank Sales Associate Salary and Career Growth

From

To

Sales Associate

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0 - 6 years exp.

Deputy Manager

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0 - 13 years exp.

Sales Associate 0 - 6 years exp.
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Assistant Manager 0 - 9 years exp.
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arrow icon 33% hike
    Deputy Manager 0 - 13 years exp.
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    arrow icon 43% hike

    From

    To

    Sales Associate

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    0 - 6 years exp.

    Junior Customer Service Executive

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    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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    (AmbitionBox Estimate)
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    ₹5.43 L/yr - ₹23 L/yr

    Salary related reviews for Kotak Mahindra Bank

    3.7

    Rated by 49 employees for salary & benefits

    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.

    read more
    • Skill development - Excellent
    • +4 more

    Dislikes

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

    read more

    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 ,

    read more
    • 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

    read more

    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.

    read more
    • Job security - Good
    • +2 more

    Dislikes

    Salary, promortion - these are the worst over here.

    • Salary - Poor
    • +1 more

    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.

    read more
    • 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.

    read more
    • Work satisfaction - Bad
    • +2 more

    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.

    read more
    • Salary - Poor
    • +4 more
    see more salary related reviews

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    Kotak Mahindra Bank Sales Associate Salary FAQs

    What is the salary of Sales Associate at Kotak Mahindra Bank?
    Sales Associate salary at Kotak Mahindra Bank in India ranges between ₹1.5 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 17% less than the average Sales Associate Salary in India. Salary estimates are based on 127 latest salaries received from various employees of Kotak Mahindra Bank India.
    How does the salary of a Sales Associate at Kotak Mahindra Bank India compare with the average salary range for this job?
    The average salary of a Sales Associate at Kotak Mahindra Bank is 17% less than the average salary of a Sales Associate in India. To know exact salary insights, login to view.
    Which similar companies are paying more than Kotak Mahindra Bank to a Sales Associate in India?
    • Axis Bank Sales Associate Salary - ₹1.6 Lakhs to ₹4.6 Lakhs per year
    • IDFC FIRST Bank Sales Associate Salary - ₹1.3 Lakhs to ₹3.8 Lakhs per year
    • State Bank of India Sales Associate Salary - ₹2.1 Lakhs to ₹3.0 Lakhs per year
    • ICICI Bank Sales Associate Salary - ₹1.9 Lakhs to ₹3.5 Lakhs per year
    What is the salary of a Sales Associate in companies similar to Kotak Mahindra Bank in India?
    • RBL Bank Sales Associate Salary - ₹2.0 Lakhs to ₹3.3 Lakhs per year
    • IDBI Bank Sales Associate Salary - ₹1.6 Lakhs to ₹3.7 Lakhs per year
    • Paytm Payments Bank Sales Associate Salary - ₹2.0 Lakhs to ₹3.1 Lakhs per year
    • IndusInd Bank Sales Associate Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
    • HDFC Bank Sales Associate Salary - ₹1.4 Lakhs to ₹3.0 Lakhs per year
    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 ranges between ₹18,532 per month to ₹20,217 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Sales Associate salary in India which ranges between ₹1.5 Lakhs to ₹4.0 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 Sales Associate at Kotak Mahindra Bank?
    According to AmbitionBox, 73% of the Kotak Mahindra Bank Sales Associates reported a notice period of 1 Month, 21% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 158 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Kotak Mahindra Bank Sales Associate salary in India ranges between ₹1.5 Lakh to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 127 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.