Kotak Mahindra Bank Mumbai Sales Manager Salaries by 100+ Employees (Updated 2025)

1 - 12 years exp.

₹1.8 Lakh - ₹10 Lakhs

Salary of majority employees

12% less than the average Sales Manager Salary in Banking Companies for 1 - 12 years of experience

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Salaries in different departments

Sales & Business Development Sales Manager Salary 1 - 12 years exp. (50 salaries)	₹2.9 L/yr - ₹10 L/yr
BFSI, Investments & Trading Sales Manager Salary 1 - 10 years exp. (31 salaries)	₹2 L/yr - ₹8.6 L/yr
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Finance & Accounting Sales Manager Salary 2 - 12 years exp. (18 salaries)	₹3 L/yr - ₹8.3 L/yr
Customer Success, Service & Operations Sales Manager Salary 4 - 8 years exp. (5 salaries)	₹3.7 L/yr - ₹7.8 L/yr
Marketing & Communication Sales Manager Salary 1 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹8.2 L/yr

Last Updated: 22 Jan 2025

Companies similar to Kotak Mahindra Bank for Sales Manager in Mumbai

Kotak Mahindra Bank Sales Manager Salary

1 - 12 years exp. (128 salaries)

₹1.8 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Sales Manager Salary 0 - 16 years exp. (573 salaries)	₹3.5 L/yr - ₹13 L/yr 23% more	1 job opening
ICICI Bank Sales Manager Salary 0 - 13 years exp. (53 salaries)	₹2 L/yr - ₹11 L/yr 9% more
Login to view exact salary
Axis Bank Sales Manager Salary 0 - 16 years exp. (310 salaries)	₹3 L/yr - ₹14 L/yr 31% more	2 job openings
Yes Bank Sales Manager Salary 2 - 12 years exp. (66 salaries)	₹3 L/yr - ₹11.6 L/yr 13% more	4 job openings
IndusInd Bank Sales Manager Salary 3 - 11 years exp. (47 salaries)	₹2.5 L/yr - ₹11.6 L/yr 7% more	16 job openings
IDFC FIRST Bank Sales Manager Salary 0 - 11 years exp. (141 salaries)	₹3 L/yr - ₹10.1 L/yr 3% more	25 job openings
RBL Bank Sales Manager Salary 3 - 9 years exp. (9 salaries)	₹3.5 L/yr - ₹8.2 L/yr 2% more	1 job opening
Bandhan Bank Sales Manager Salary 2 - 9 years exp. (10 salaries)	₹4.5 L/yr - ₹7.3 L/yr 3% more
Utkarsh Small Finance Bank Sales Manager Salary 5 - 9 years exp. (10 salaries)	₹2.8 L/yr - ₹8 L/yr 5% less	1 job opening
Jana Small Finance Bank Sales Manager Salary 5 - 10 years exp. (6 salaries)	₹2.8 L/yr - ₹6.8 L/yr 9% less	1 job opening
Karur Vysya Bank Sales Manager Salary 5 - 9 years exp. (3 salaries)	₹5.5 L/yr - ₹9 L/yr 6% more
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Paytm Payments Bank Sales Manager Salary 0 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹5.3 L/yr 42% less

Sales Manager salary at Kotak Mahindra Bank ranges between ₹1.8 Lakh to ₹10 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 128 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Sales Manager salaries in Mumbai

Last Updated: 22 Jan 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹1.8 L/yr - ₹6 L/yr
2 years (5 salaries)	₹2.7 L/yr - ₹6.4 L/yr
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3 years (12 salaries)	₹2.5 L/yr - ₹6.8 L/yr
4 years (14 salaries)	₹2.5 L/yr - ₹8 L/yr
5 years (15 salaries)	₹2.4 L/yr - ₹7.8 L/yr
6 years (19 salaries)	₹2.5 L/yr - ₹9.6 L/yr
7 years (18 salaries)	₹2.8 L/yr - ₹6.7 L/yr
8 years (15 salaries)	₹3.9 L/yr - ₹8.2 L/yr
9 years (13 salaries)	₹4.2 L/yr - ₹9.3 L/yr
10 years (5 salaries)	₹6 L/yr - ₹9 L/yr
11 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹8.3 L/yr
12 years (6 salaries)	₹6.5 L/yr - ₹10 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(3.3k salaries)

₹1.65 L/yr - ₹8 L/yr

Branch Manager Salary

(133 salaries)

₹7.5 L/yr - ₹25.56 L/yr

Sales Officer Salary

(65 salaries)

₹1.44 L/yr - ₹3.7 L/yr

Area Sales Manager Salary

(38 salaries)

₹6.5 L/yr - ₹18.25 L/yr

Marketing Manager Salary

(18 salaries)

₹7 L/yr - ₹15 L/yr

Senior Sales Manager Salary

(13 salaries)

₹8.15 L/yr - ₹13.55 L/yr

Area Manager Salary

(8 salaries)

₹7.05 L/yr - ₹22.92 L/yr

Business Manager Salary

(5 salaries)

₹11.5 L/yr - ₹15.4 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 17 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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Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindra Bank Sales Manager Salary FAQs

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

Sales Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹1.8 Lakhs to ₹10.0 Lakhs for experience between 1 years to 12 years. According to our estimates it is 12% less than the average Sales Manager Salary in India. Salary estimates are based on 128 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

How does the salary of a Sales Manager at Kotak Mahindra Bank Mumbai 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 Mumbai. 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 Mumbai.

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

Axis Bank Sales Manager Salary - ₹3.0 Lakhs to ₹14.0 Lakhs per year
HDFC Bank Sales Manager Salary - ₹3.5 Lakhs to ₹13.0 Lakhs per year
Yes Bank Sales Manager Salary - ₹3.0 Lakhs to ₹11.6 Lakhs per year
ICICI Bank Sales Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
IndusInd Bank Sales Manager Salary - ₹2.5 Lakhs to ₹11.6 Lakhs per year

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

Karur Vysya Bank Sales Manager Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
IDFC FIRST Bank Sales Manager Salary - ₹3.0 Lakhs to ₹10.1 Lakhs per year
Bandhan Bank Sales Manager Salary - ₹4.5 Lakhs to ₹7.3 Lakhs per year
RBL Bank Sales Manager Salary - ₹3.5 Lakhs to ₹8.2 Lakhs per year
Utkarsh Small Finance Bank Sales Manager Salary - ₹2.8 Lakhs to ₹8.0 Lakhs per year

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

The estimated take-home salary of a Sales Manager at Kotak Mahindra Bank ranges between ₹45,611 per month to ₹46,693 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Sales Manager salary in India which ranges between ₹1.8 Lakhs to ₹10.0 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 65% of the Kotak Mahindra Bank Sales Managers in Mumbai reported a notice period of 3 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 65 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Sales Manager Salaries in Mumbai

Kotak Mahindra Bank Sales Manager salary in Mumbai ranges between ₹1.8 Lakh to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 128 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Sales Manager salaries in Mumbai

Companies similar to Kotak Mahindra Bank for Sales Manager in Mumbai

Latest annual salaries shared by Kotak Mahindra Bank Sales Manager in Mumbai

Experience wise Kotak Mahindra Bank Sales Manager salaries in Mumbai

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

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