Kotak Mahindra Bank Sales Manager Salaries by 700+ Employees (Updated 2025)

0 - 12 years exp.

₹1.2 Lakh - ₹10 Lakhs

Salary of majority employees

12% less than the average Sales Manager Salary in Banking Companies for 0 - 12 years of experience

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Salaries in different departments

Sales & Business Development Sales Manager Salary 0 - 12 years exp. (289 salaries)	₹1.8 L/yr - ₹10.7 L/yr
BFSI, Investments & Trading Sales Manager Salary 0 - 12 years exp. (205 salaries)	₹1.5 L/yr - ₹10 L/yr
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Finance & Accounting Sales Manager Salary 0 - 12 years exp. (60 salaries)	₹1.9 L/yr - ₹9 L/yr
Customer Success, Service & Operations Sales Manager Salary 0 - 11 years exp. (35 salaries)	₹3 L/yr - ₹9.5 L/yr
Marketing & Communication Sales Manager Salary 1 - 10 years exp. (34 salaries)	₹1.8 L/yr - ₹9.3 L/yr

Last Updated: 22 Feb 2025

Companies similar to Kotak Mahindra Bank for Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Sales Manager Salary 0 - 16 years exp. (4.3k salaries)	₹2.8 L/yr - ₹11.7 L/yr 17% more	2 job openings
ICICI Bank Sales Manager Salary 0 - 15 years exp. (584 salaries)	₹2 L/yr - ₹11 L/yr 5% more
Login to view exact salary
Axis Bank Sales Manager Salary 0 - 16 years exp. (3k salaries)	₹3 L/yr - ₹13 L/yr 24% more	2 job openings
State Bank of India Sales Manager Salary 1 - 5 years exp. (21 salaries)	₹2 L/yr - ₹5 L/yr 39% less
Yes Bank Sales Manager Salary 0 - 14 years exp. (590 salaries)	₹2 L/yr - ₹11 L/yr 9% more
IndusInd Bank Sales Manager Salary 2 - 13 years exp. (431 salaries)	₹2 L/yr - ₹10.5 L/yr 7% more	2 job openings
IDFC FIRST Bank Sales Manager Salary 0 - 11 years exp. (996 salaries)	₹2.2 L/yr - ₹10 L/yr 1% more	3 job openings
RBL Bank Sales Manager Salary 3 - 10 years exp. (93 salaries)	₹2.2 L/yr - ₹10 L/yr 12% less
Federal Bank Sales Manager Salary 3 - 15 years exp. (11 salaries)	₹4.5 L/yr - ₹6.6 L/yr 18% less
Punjab National Bank Sales Manager Salary 0 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹4.5 L/yr 48% less

View all

Sales Manager salary at Kotak Mahindra Bank ranges between ₹1.2 Lakh to ₹10 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 769 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Sales Manager salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
Fresher (13 salaries)	₹1.5 L/yr - ₹5 L/yr
1 year (32 salaries)	₹1.2 L/yr - ₹6.8 L/yr
Login to view exact salary
2 years (38 salaries)	₹1.8 L/yr - ₹6.8 L/yr
3 years (55 salaries)	₹1.2 L/yr - ₹8.3 L/yr
4 years (83 salaries)	₹1.8 L/yr - ₹8 L/yr
5 years (100 salaries)	₹1.8 L/yr - ₹8.5 L/yr
6 years (98 salaries)	₹1.9 L/yr - ₹9.7 L/yr
7 years (87 salaries)	₹2.8 L/yr - ₹10 L/yr
8 years (88 salaries)	₹3.5 L/yr - ₹11 L/yr
9 years (70 salaries)	₹4 L/yr - ₹10.7 L/yr
10 years (51 salaries)	₹4.3 L/yr - ₹13.5 L/yr
11 years (25 salaries)	₹6 L/yr - ₹11 L/yr
12 years (29 salaries)	₹6 L/yr - ₹11.5 L/yr

View all

From

Sales Manager

₹

Lakhs/yr

0 - 12 years exp.

Regional Sales Manager

₹

Lakhs/yr

12 - 21 years exp.

Sales Manager 0 - 12 years exp.

Area Sales Manager 6 - 16 years exp.

110% hike

Branch Manager 7 - 20 years exp.

22% hike

From

2 more levels

Sales Manager

0 - 12 years exp.

Regional Asset Manager

15 - 17 years exp.

View 1 more career path

Similar Designation salaries in Kotak Mahindra Bank

Store Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Area Manager Salary

(102 salaries)

₹7.03 L/yr - ₹27.02 L/yr

Branch Manager Salary

(1k salaries)

₹7 L/yr - ₹25.56 L/yr

Area Sales Manager Salary

(239 salaries)

₹5.27 L/yr - ₹23 L/yr

Sales Officer Salary

(345 salaries)

₹1.4 L/yr - ₹4.33 L/yr

Zonal Sales Manager Salary

(10 salaries)

₹27 L/yr - ₹62 L/yr

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8.4 L/yr

Business Manager Salary

(30 salaries)

₹7.25 L/yr - ₹15.4 L/yr

Senior Sales Manager Salary

(73 salaries)

₹7.5 L/yr - ₹14 L/yr

Marketing Manager Salary

(30 salaries)

₹4.2 L/yr - ₹15 L/yr

Top skills at Kotak Mahindra Bank for Sales Manager

Retail Liabilities Sales Management Casa Team Handling Sales Team Management Branch Sales Current Account Commercial Banking Cash Management Services Relationship Management bfsi NBFC Sales Management Revenue Generation

Salary related reviews for Kotak Mahindra Bank

3.7

Rated by 175 employees for salary & benefits

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

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Skill development - Poor

+1 more

Deputy Manager in Thane

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Nov 2023

2.0

for Salary and Benefits

Likes

Work profile and process is good.

Dislikes

Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

Salary - Poor

+4 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Sales Manager Salary FAQs

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

Sales Manager salary at Kotak Mahindra Bank in India ranges between ₹1.2 Lakhs to ₹10.0 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 12% less than the average Sales Manager Salary in India. Salary estimates are based on 769 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Sales Manager at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Sales Manager at Kotak Mahindra Bank is 12% less than the average salary of a Sales Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Sales Manager at Kotak Mahindra Bank?

Retail Liabilities, Sales Management, Casa, Team Handling and Sales are some of the popular skills required to work as a Sales Manager at Kotak Mahindra Bank India.

Which similar companies are paying more than Kotak Mahindra Bank to a Sales Manager in India?

South Indian Bank Sales Manager Salary - ₹9.2 Lakhs to ₹13.0 Lakhs per year
Axis Bank Sales Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
HDFC Bank Sales Manager Salary - ₹2.8 Lakhs to ₹11.7 Lakhs per year
Shinhan Bank Sales Manager Salary - ₹5.7 Lakhs to ₹8.0 Lakhs per year
Yes Bank Sales Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year

What is the salary of a Sales Manager in companies similar to Kotak Mahindra Bank in India?

IndusInd Bank Sales Manager Salary - ₹2.0 Lakhs to ₹10.5 Lakhs per year
ICICI Bank Sales Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
IDFC FIRST Bank Sales Manager Salary - ₹2.2 Lakhs to ₹10.0 Lakhs per year
Karur Vysya Bank Sales Manager Salary - ₹3.4 Lakhs to ₹10.0 Lakhs per year
Bandhan Bank Sales Manager Salary - ₹2.2 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Sales Manager at Kotak Mahindra Bank ranges between ₹47,152 per month to ₹48,268 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Sales Manager salary in India which ranges between ₹1.2 Lakhs to ₹10.0 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

What is the notice period for Sales Manager at Kotak Mahindra Bank?

According to AmbitionBox, 56% of the Kotak Mahindra Bank Sales Managers reported a notice period of 3 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 642 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Sales Manager Salaries by Location

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Kotak Mahindra Bank Sales Manager Salaries

Kotak Mahindra Bank Sales Manager salary in India ranges between ₹1.2 Lakh to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 769 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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

Companies similar to Kotak Mahindra Bank for Sales Manager

Latest annual salaries shared by Kotak Mahindra Bank Sales Manager

Experience wise Kotak Mahindra Bank Sales Manager salaries

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Sales Manager

Salary related reviews for Kotak Mahindra Bank

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Deputy Manager in Thane

Kotak Mahindra Bank Sales Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Sales Manager Salaries by Location