Kotak Mahindra Bank Mumbai Sales Salaries by 7 Employees

1 - 6 years exp.

₹1.5 Lakh - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

10% less than the average Sales Salary in Banking Companies for 1 - 6 years of experience

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Last Updated: 3 Apr 2024

Companies similar to Kotak Mahindra Bank for Sales in Mumbai

Kotak Mahindra Bank Sales Salary

1 - 6 years exp. (7 salaries)

₹1.5 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Sales Salary 0 - 5 years exp. (15 salaries)	₹1.1 L/yr - ₹3.3 L/yr 24% less	1 job opening
IDFC FIRST Bank Sales Salary 0 - 6 years exp. (6 salaries)	₹1.6 L/yr - ₹3.6 L/yr 15% less
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Axis Bank Sales Salary 0 - 6 years exp. (6 salaries)	₹1.6 L/yr - ₹5 L/yr 9% less	6 job openings
ICICI Bank Sales Salary 1 - 7 years exp. (5 salaries)	₹1.7 L/yr - ₹3 L/yr 15% less
SBI Cards & Payment Services Sales Salary 0 - 6 years exp. (8 salaries)	₹2 L/yr - ₹3.2 L/yr 13% less

Sales salary at Kotak Mahindra Bank ranges between ₹1.5 Lakh to ₹4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Sales salaries in Mumbai

Last Updated: 3 Apr 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
4 years (3 salaries)	₹2.3 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

View all

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Area Sales Manager Salary

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Senior Relationship Manager Salary

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Top skills at Kotak Mahindra Bank for Sales

Current Account Casa Direct Sales Insurance Sales direct marketing

Salary related reviews for Kotak Mahindra Bank

Senior Relationship Manager in Ranchi

Full Time

Sales & Business Development Department

1.0

• posted on 02 Mar 2025

2.0

for Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

Salary - Poor

+6 more

Cluster Head in Shivamogga

Full Time

Other Department

1.0

• posted on 15 Nov 2024

1.0

for Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

Salary - Bad

+6 more

Corporate Accounts Manager in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 12 Sep 2023

3.0

for Salary and Benefits

Likes

The likes depends on the manager if the manager is supporting and helpful it is great but if he is not then it is problematic.

Dislikes

...n who takes account is not even satisfied then how it will promote the business.if you want to work in salary business work for HSBC and Standard Chartered.

Skill development - Poor

+4 more

Senior Relationship Manager in Pune

Full Time

Product Management Department

4.0

• posted on 10 Oct 2022

3.0

for Salary and Benefits

Likes

Good Work life Balance Management is humble Good Brand

Job security - Excellent

+3 more

Dislikes

Not paying salary as per the grade Targets are not specified and keeps changing. Critical conditions to earn incentives Poor evaluation system

Skill development - Poor

Sales Officer in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 07 Jan 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues.

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Sales Salary FAQs

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

The average salary of a Sales at Kotak Mahindra Bank in Mumbai typically ranges from ₹1.5 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Sales in Mumbai at Kotak Mahindra Bank earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Sales Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Sales at Kotak Mahindra Bank in Mumbai typically ranges from ₹22,073 to ₹23,555 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Sales at Kotak Mahindra Bank in Mumbai?

To be a Sales at Kotak Mahindra Bank in Mumbai, the key skills required include:

- Current Account
- Casa
- Direct Sales
- Insurance Sales
- direct marketing

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

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

The salary of a Sales at companies similar to Kotak Mahindra Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹1.6 Lakhs to ₹5.0 Lakhs per year
SBI Cards & Payment Services	₹2.0 Lakhs to ₹3.2 Lakhs per year
ICICI Bank	₹1.7 Lakhs to ₹3.0 Lakhs per year
IDFC FIRST Bank	₹1.6 Lakhs to ₹3.6 Lakhs per year
HDFC Bank	₹1.1 Lakhs to ₹3.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Sales at Kotak Mahindra Bank in Mumbai?

The salary growth for a Sales at Kotak Mahindra Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Sales in Mumbai can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
1 year	₹2.6 Lakhs to ₹3.3 Lakhs per year
2 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
3 years	₹2.6 Lakhs to ₹3.4 Lakhs per year
4 years	₹2.3 Lakhs to ₹4.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Sales Salaries in Mumbai

Kotak Mahindra Bank Sales salary in Mumbai ranges between ₹1.5 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.