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Kotak Mahindra Bank Sales Associate salaries in New Delhi

Annual salary range
0 - 6 years exp.
₹2 Lakhs - ₹3.6 Lakhs
Salary of majority employees
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15% 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. (13 salaries)
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₹2 L/yr - ₹3 L/yr

BFSI, Investments & Trading
Sales Associate Salary
0 - 6 years exp. (8 salaries)
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₹2.2 L/yr - ₹3.2 L/yr

Finance & Accounting
Sales Associate Salary
1 - 5 years exp. (4 salaries)
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₹2.4 L/yr - ₹3.6 L/yr

Customer Success, Service & Operations
Sales Associate Salary
3 - 5 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.7 L/yr

Last Updated: 16 Oct 2024

Companies similar to Kotak Mahindra Bank for Sales Associate in New Delhi

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Kotak Mahindra Bank Sales Associate Salary

0 - 6 years exp. (32 salaries)

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₹2 L/yr - ₹3.6 L/yr

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

1 - 5 years exp. (5 salaries)

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₹1.9 L/yr - ₹3 L/yr

arrow icon 11% less
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ICICI Bank Sales Associate Salary

2 - 6 years exp. (3 salaries)

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₹2.1 L/yr - ₹3.5 L/yr

arrow icon 3% more
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IDFC FIRST Bank Sales Associate Salary

0 - 4 years exp. (5 salaries)

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₹2 L/yr - ₹3.8 L/yr

arrow icon 5% more
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₹2.2 L/yr - ₹4.3 L/yr

arrow icon 35% more
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PolicyBazaar Sales Associate Salary

0 - 7 years exp. (89 salaries)

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₹1.9 L/yr - ₹4.5 L/yr

arrow icon 26% more
Sales Associate salary at Kotak Mahindra Bank ranges between ₹2 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 32 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Sales Associate in New Delhi

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Experience wise Kotak Mahindra Bank Sales Associate salaries in New Delhi

Last Updated: 16 Oct 2024

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹2 L/yr - ₹2.8 L/yr
1 year  (6 salaries)

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₹2.4 L/yr - ₹3 L/yr
2 years  (3 salaries)

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₹2.1 L/yr - ₹3 L/yr
3 years  (6 salaries)

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₹2.3 L/yr - ₹3.6 L/yr
4 years  (6 salaries)

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₹2.2 L/yr - ₹3 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Sales Executive Salary
(144 salaries)
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₹1.2 L/yr - ₹4 L/yr
Sales Manager Salary
(95 salaries)
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₹1.8 L/yr - ₹10.15 L/yr
Team Lead Salary
(63 salaries)
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₹2 L/yr - ₹7.2 L/yr
Sales Officer Salary
(43 salaries)
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₹2 L/yr - ₹4 L/yr
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₹7.25 L/yr - ₹23 L/yr
Cashier Salary
(3 salaries)
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₹2.2 L/yr - ₹3.25 L/yr

Salary related reviews for Kotak Mahindra Bank

5.0

Rated by 2 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.

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Dislikes

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

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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 ,

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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

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Full Time

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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.

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Dislikes

Salary, promortion - these are the worst over here.

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.

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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.

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Full Time

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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.

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.

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Kotak Mahindra Bank Sales Associate Salary FAQs

What is the salary of Sales Associate at Kotak Mahindra Bank New Delhi?
Sales Associate salary at Kotak Mahindra Bank in New Delhi ranges between ₹2.0 Lakhs to ₹3.6 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 15% less than the average Sales Associate Salary in India. Salary estimates are based on 32 latest salaries received from various employees of Kotak Mahindra Bank New Delhi.
How does the salary of a Sales Associate at Kotak Mahindra Bank New Delhi compare with the average salary range for this job?
The average salary of a Sales Associate at Kotak Mahindra Bank is 15% less than the average salary of a Sales Associate in New Delhi. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Sales Associate in New Delhi?
  • Delhi Duty Free Services Sales Associate Salary - ₹2.2 Lakhs to ₹4.3 Lakhs per year
  • PolicyBazaar Sales Associate Salary - ₹1.9 Lakhs to ₹4.5 Lakhs per year
  • IDFC FIRST Bank Sales Associate Salary - ₹2.0 Lakhs to ₹3.8 Lakhs per year
  • ICICI Bank Sales Associate Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year
What is the salary of a Sales Associate in companies similar to Kotak Mahindra Bank in New Delhi?
  • HDFC Bank Sales Associate Salary - ₹1.9 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Sales Associate at Kotak Mahindra Bank in New Delhi?
The estimated take-home salary of a Sales Associate at Kotak Mahindra Bank ranges between ₹18,646 per month to ₹20,330 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindra Bank Sales Associate salary in India which ranges between ₹2.0 Lakhs to ₹3.6 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 in New Delhi?
According to AmbitionBox, 59% of the Kotak Mahindra Bank Sales Associates in New Delhi reported a notice period of 1 Month, 36% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Sales Associate salary in New Delhi ranges between ₹2 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 32 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.