Kotak Mahindra Bank Sales Manager PI Salaries by 5 Employees (Updated 2025)

2 - 10 years exp.

₹7 Lakhs - ₹7.8 Lakhs

Low Confidence

Salary of majority employees

38% more than the average Sales Manager PI Salary in Banking Companies for 2 - 10 years of experience

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Last Updated: 28 Jun 2024

Companies similar to Kotak Mahindra Bank for Sales Manager PI

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Sales Manager PI Salary 0 - 8 years exp. (12 salaries)	₹4.4 L/yr - ₹7.5 L/yr 21% less
ICICI Bank Sales Manager PI Salary 5 - 7 years exp. (5 salaries)	₹4.2 L/yr - ₹6.4 L/yr 22% less
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Axis Bank Sales Manager PI Salary 7 - 10 years exp. (4 salaries)	₹5.5 L/yr - ₹7.1 L/yr 7% less
IndusInd Bank Sales Manager PI Salary 4 - 16 years exp. (4 salaries)	₹5 L/yr - ₹10.5 L/yr 12% more
Yes Bank Sales Manager PI Salary 8 - 10 years exp. (3 salaries)	₹6.6 L/yr - ₹8.4 L/yr At par
IDFC FIRST Bank Sales Manager PI Salary 0 - 5 years exp. (3 salaries)	₹4.1 L/yr - ₹4.5 L/yr 40% less
Bandhan Bank Sales Manager PI Salary 8 - 13 years exp. (4 salaries)	₹6.8 L/yr - ₹10 L/yr 20% more

Sales Manager PI salary at Kotak Mahindra Bank ranges between ₹7 Lakhs to ₹7.8 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Sales Manager PI salaries

Last Updated: 28 Jun 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹7 L/yr - ₹12.8 L/yr
3 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
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4 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹13 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.7 L/yr
6 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
7 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
9 years (AmbitionBox Estimate)	₹7 L/yr - ₹13.5 L/yr
10 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.8 L/yr

View all

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Salary related reviews for Kotak Mahindra Bank

4.1

Rated by 3 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

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What people are saying about Kotak Mahindra Bank

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Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

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Kotak Mahindra Bank Sales Manager PI Salary FAQs

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

Sales Manager PI salary at Kotak Mahindra Bank in India ranges between ₹7.0 Lakhs to ₹7.8 Lakhs for experience between 2 years to 10 years. According to our estimates it is 38% more than the average Sales Manager PI Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Sales Manager PI at Kotak Mahindra Bank is 38% more than the average salary of a Sales Manager PI in India. To know exact salary insights, login to view.

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

Bandhan Bank Sales Manager PI Salary - ₹6.8 Lakhs to ₹10.0 Lakhs per year
IndusInd Bank Sales Manager PI Salary - ₹5.0 Lakhs to ₹10.5 Lakhs per year

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

Yes Bank Sales Manager PI Salary - ₹6.6 Lakhs to ₹8.4 Lakhs per year
Axis Bank Sales Manager PI Salary - ₹5.5 Lakhs to ₹7.1 Lakhs per year
HDFC Bank Sales Manager PI Salary - ₹4.4 Lakhs to ₹7.5 Lakhs per year
ICICI Bank Sales Manager PI Salary - ₹4.2 Lakhs to ₹6.4 Lakhs per year
IDFC FIRST Bank Sales Manager PI Salary - ₹4.1 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Sales Manager PI at Kotak Mahindra Bank ranges between ₹54,510 per month to ₹55,872 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Sales Manager PI salary in India which ranges between ₹7.0 Lakhs to ₹7.8 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 25% of the Kotak Mahindra Bank Sales Manager PIs reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Sales Manager PI Salaries

Kotak Mahindra Bank Sales Manager PI salary in India ranges between ₹7 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Sales Manager PI salaries in India

Companies similar to Kotak Mahindra Bank for Sales Manager PI

Latest annual salaries shared by Kotak Mahindra Bank Sales Manager PI

Experience wise Kotak Mahindra Bank Sales Manager PI salaries

Similar Designation salaries in Kotak Mahindra Bank

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 PI Salary FAQs

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Kotak Mahindra Bank Sales Manager PI Salaries by Location