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

0 - 4 years exp.

₹1.5 Lakh - ₹3.6 Lakhs

Salary of majority employees

17% less than the average Sales Associate Salary in Banking Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Associate Salary 2 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr
Marketing & Communication Sales Associate Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹3 L/yr
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Sales & Business Development Sales Associate Salary 0 - 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
Finance & Accounting Sales Associate Salary 2 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.3 L/yr

Last Updated: 8 Mar 2025

Companies similar to Kotak Mahindra Bank for Sales Associate in Mumbai

Kotak Mahindra Bank Sales Associate Salary

0 - 4 years exp. (16 salaries)

₹1.5 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Sales Associate Salary 1 - 7 years exp. (5 salaries)	₹2.5 L/yr - ₹4.3 L/yr 14% more
IDFC FIRST Bank Sales Associate Salary 0 - 5 years exp. (9 salaries)	₹1.1 L/yr - ₹3.2 L/yr 4% less
Login to view exact salary
Amazon Sales Associate Salary 2 - 9 years exp. (47 salaries)	₹5.7 L/yr - ₹9.5 L/yr 196% more	12 job openings
Lenskart Sales Associate Salary 0 - 6 years exp. (37 salaries)	₹2 L/yr - ₹4.5 L/yr 6% more	5 job openings
Reliance Retail Sales Associate Salary 0 - 6 years exp. (32 salaries)	₹1 L/yr - ₹3.8 L/yr 15% less

Sales Associate salary at Kotak Mahindra Bank ranges between ₹1.5 Lakh to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Sales Associate salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.6 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹4.6 L/yr
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2 years (4 salaries)	₹2 L/yr - ₹3.3 L/yr
3 years (5 salaries)	₹1.5 L/yr - ₹3 L/yr
4 years (3 salaries)	₹1.5 L/yr - ₹3.6 L/yr

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.

30% hike

Deputy Manager 0 - 13 years exp.

44% 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

Sales Executive Salary

(183 salaries)

₹1.05 L/yr - ₹5 L/yr

Sales Manager Salary

(130 salaries)

₹1.8 L/yr - ₹10.7 L/yr

Team Lead Salary

(83 salaries)

₹1.8 L/yr - ₹6.96 L/yr

Sales Officer Salary

(65 salaries)

₹1.44 L/yr - ₹3.7 L/yr

Area Sales Manager Salary

(37 salaries)

₹6.5 L/yr - ₹18.25 L/yr

Cashier Salary

(21 salaries)

₹2 L/yr - ₹3.5 L/yr

Salary related reviews for Kotak Mahindra Bank

3.4

Rated by 2 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

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

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Kotak Mahindra Bank Sales Associate Salary FAQs

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

Sales Associate salary at Kotak Mahindra Bank in Mumbai ranges between ₹1.5 Lakhs to ₹3.6 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 17% less than the average Sales Associate Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

How does the salary of a Sales Associate at Kotak Mahindra Bank Mumbai 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 Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Sales Associate in Mumbai?

Amazon Sales Associate Salary - ₹5.7 Lakhs to ₹9.5 Lakhs per year
Axis Bank Sales Associate Salary - ₹2.5 Lakhs to ₹4.3 Lakhs per year
Lenskart Sales Associate Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Sales Associate in companies similar to Kotak Mahindra Bank in Mumbai?

IDFC FIRST Bank Sales Associate Salary - ₹1.1 Lakhs to ₹3.2 Lakhs per year
Reliance Retail Sales Associate Salary - ₹1.0 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a Sales Associate at Kotak Mahindra Bank ranges between ₹18,969 per month to ₹20,648 per month in Mumbai. 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 ₹3.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Sales Associate at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 82% of the Kotak Mahindra Bank Sales Associates in Mumbai reported a notice period of 1 Month, 18% reported a notice period of 15 days or less.This is based on 11 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Sales Associate Salaries in Mumbai

Kotak Mahindra Bank Sales Associate salary in Mumbai ranges between ₹1.5 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.