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

Annual salary range
0 - 6 years exp.
₹1.5 Lakh - ₹4 Lakhs
Salary of majority employees
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16% 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. (42 salaries)
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₹1.6 L/yr - ₹3.4 L/yr

BFSI, Investments & Trading
Sales Associate Salary
0 - 6 years exp. (17 salaries)
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₹1.6 L/yr - ₹3.2 L/yr

Finance & Accounting
Sales Associate Salary
0 - 5 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 - 6 years exp. (3 salaries)
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₹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
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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 16% less
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IDFC FIRST Bank Sales Associate Salary

0 - 3 years exp. (40 salaries)

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₹1.3 L/yr - ₹3.8 L/yr

arrow icon 3% more
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Axis Bank Sales Associate Salary

0 - 6 years exp. (31 salaries)

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₹1.6 L/yr - ₹4.6 L/yr

arrow icon 10% more
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ICICI Bank Sales Associate Salary

1 - 7 years exp. (17 salaries)

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₹1.9 L/yr - ₹3.5 L/yr

At par
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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 5% less
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IndusInd Bank Sales Associate Salary

0 - 4 years exp. (7 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 9% less
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RBL Bank Sales Associate Salary

2 - 9 years exp. (6 salaries)

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₹2 L/yr - ₹3.3 L/yr

arrow icon 2% 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

arrow icon 2% less
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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 28% less
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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 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.

Latest annual salaries shared by Kotak Mahindra Bank Sales Associate

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Experience wise Kotak Mahindra Bank Sales Associate salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
Fresher  (21 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  (17 salaries)

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₹1.6 L/yr - ₹3.3 L/yr
3 years  (30 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 31% 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.

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    ₹5.37 L/yr - ₹23 L/yr

    Salary related reviews for Kotak Mahindra Bank

    3.8

    Rated by 50 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

     · 

    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

    read more
    • Salary - Poor
    • +6 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
    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 ?
    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.

    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 130 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.