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Kotak Mahindra Bank Territory Manager salaries in Madurai

Annual salary range
12 - 14 years exp.
₹8.1 Lakhs - ₹14 Lakhs
Salary of majority employees
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33% more than the average Territory Manager Salary in Banking Companies for 12 - 14 years of experience

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Last Updated: 10 Sep 2023

Companies similar to Kotak Mahindra Bank for Territory Manager in Madurai

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Kotak Mahindra Bank Territory Manager Salary

12 - 14 years exp. (4 salaries)

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₹8.1 L/yr - ₹14 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Dr. Reddy's Territory Manager Salary

2 - 11 years exp. (13 salaries)

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₹2.5 L/yr - ₹5.5 L/yr

arrow icon 51% less
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₹5 L/yr - ₹10 L/yr

arrow icon 22% less
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TVS Motor Territory Manager Salary

6 - 12 years exp. (6 salaries)

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₹11.7 L/yr - ₹20.1 L/yr

arrow icon 29% more
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₹7.8 L/yr - ₹10.8 L/yr

arrow icon 5% less
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Muthoot Finance Territory Manager Salary

16 - 20 years exp. (5 salaries)

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₹6 L/yr - ₹8.5 L/yr

arrow icon 30% less
Territory Manager salary at Kotak Mahindra Bank ranges between ₹8.1 Lakhs to ₹14 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Territory Manager in Madurai

1y ago
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13 years exp.
1y ago
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14 years exp.
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12 years exp.
1y ago
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13 years exp.

Experience wise Kotak Mahindra Bank Territory Manager salaries in Madurai

Last Updated: 10 Sep 2023

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹14 L/yr
13 years (AmbitionBox Estimate)

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₹11.5 L/yr - ₹14 L/yr
14 years (AmbitionBox Estimate)

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₹11.5 L/yr - ₹22.3 L/yr
Kotak Mahindra Bank Territory Manager Salary and Career Growth

From

To

Territory Manager

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5 - 15 years exp.

Cluster Manager

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9 - 16 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Top skills at Kotak Mahindra Bank for Territory Manager

Relationship Management Sales investment Trade Finance Branch Banking Territory Management Transaction Banking Fixed Deposits Top Management Current Account Retail Liabilities Banking wealth

Salary related reviews for Kotak Mahindra Bank

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.

read more

Dislikes

Salary, promortion - these are the worst over here.

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.

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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.

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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.

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.

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Full Time

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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.

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.

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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.

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Kotak Mahindra Bank Territory Manager Salary FAQs

What is the salary of Territory Manager at Kotak Mahindra Bank Madurai?
Territory Manager salary at Kotak Mahindra Bank in Madurai ranges between ₹8.1 Lakhs to ₹14.0 Lakhs for experience between 12 years to 14 years. According to our estimates it is 33% more than the average Territory Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank Madurai.
How does the salary of a Territory Manager at Kotak Mahindra Bank Madurai compare with the average salary range for this job?
The average salary of a Territory Manager at Kotak Mahindra Bank is 33% more than the average salary of a Territory Manager in Madurai. To know exact salary insights, login to view.
What are the top skills required to work as a Territory Manager at Kotak Mahindra Bank?
Relationship Management, Sales, investment, Trade Finance and Branch Banking are some of the popular skills required to work as a Territory Manager at Kotak Mahindra Bank Madurai.
Which similar companies are paying more than Kotak Mahindra Bank to a Territory Manager in Madurai?
  • TVS Motor Territory Manager Salary - ₹11.7 Lakhs to ₹20.1 Lakhs per year
What is the salary of a Territory Manager in companies similar to Kotak Mahindra Bank in Madurai?
  • Crompton Greaves Consumer Electricals Territory Manager Salary - ₹7.8 Lakhs to ₹10.8 Lakhs per year
  • Mahindra Rural Housing Finance Territory Manager Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year
  • Muthoot Finance Territory Manager Salary - ₹6.0 Lakhs to ₹8.5 Lakhs per year
  • Dr. Reddy's Territory Manager Salary - ₹2.5 Lakhs to ₹5.5 Lakhs per year
What is the estimated take home salary of a Territory Manager at Kotak Mahindra Bank in Madurai?
The estimated take-home salary of a Territory Manager at Kotak Mahindra Bank ranges between ₹75,249 per month to ₹77,197 per month in Madurai. The take-home salary calculation is based on the average Kotak Mahindra Bank Territory Manager salary in India which ranges between ₹8.1 Lakhs to ₹14.0 Lakhs per year for employees with experience between 12 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Territory Manager at Kotak Mahindra Bank in Madurai?
According to AmbitionBox, 100% of the Kotak Mahindra Bank Territory Managers in Madurai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Territory Manager salary in Madurai ranges between ₹8.1 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.