Kotak Mahindra Bank Salesman Salaries by 3 Employees

0 - 1 year exp.

₹2.3 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Salesman Salary in Banking Companies for 0 - 1 year of experience

Interested in this particular role?

Last Updated: 7 Jan 2023

Companies similar to Kotak Mahindra Bank for Salesman

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ICICI Bank Salesman Salary 0 - 3 years exp. (13 salaries)	₹1.2 L/yr - ₹6.6 L/yr 24% less
HDFC Bank Salesman Salary 0 - 4 years exp. (11 salaries)	₹1.1 L/yr - ₹5.2 L/yr 22% less
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Axis Bank Salesman Salary 0 - 3 years exp. (8 salaries)	₹1 L/yr - ₹2.5 L/yr 35% less
Bandhan Bank Salesman Salary 0 - 6 years exp. (7 salaries)	₹1.3 L/yr - ₹2.4 L/yr 37% less
IDFC FIRST Bank Salesman Salary 0 - 2 years exp. (6 salaries)	₹1.8 L/yr - ₹4.5 L/yr 28% less
Paytm Payments Bank Salesman Salary 1 - 2 years exp. (6 salaries)	₹1.9 L/yr - ₹3.5 L/yr 25% less
IndusInd Bank Salesman Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹5 L/yr 2% more
Yes Bank Salesman Salary 1 - 27 years exp. (4 salaries)	₹0.5 L/yr - ₹4.9 L/yr 8% less
Jana Small Finance Bank Salesman Salary 2 years exp. (3 salaries)	₹1.9 L/yr - ₹3.1 L/yr 25% less
Ujjivan Small Finance Bank Salesman Salary 0 - 1 year exp. (3 salaries)	₹1.9 L/yr - ₹2.2 L/yr 33% less

Salesman salary at Kotak Mahindra Bank ranges between ₹2.3 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Salesman salaries

Last Updated: 7 Jan 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹3.3 L/yr
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1 year (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr

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Salary related reviews for Kotak Mahindra Bank

4.1

Rated by 6 employees for salary & benefits

Relationship Officer in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

On time salary

Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

Salary - Poor

+4 more

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

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

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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.

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Kotak Mahindra Bank Salesman Salary FAQs

How the salary growth look like for a Salesman at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
Fresher	₹2.3 Lakhs to ₹3.3 Lakhs per year
1 year	₹1.3 Lakhs to ₹3.5 Lakhs per year

and so on.

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Kotak Mahindra Bank Salesman Salaries

Kotak Mahindra Bank Salesman salary in India ranges between ₹2.3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.