Kotak Mahindra Bank Mysuru / Mysore Territory Manager Salaries by 3 Employees

8 - 12 years exp.

₹7.5 Lakhs - ₹14 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

53% more than the average Territory Manager Salary in Banking Companies for 8 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Territory Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹14.5 L/yr
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Finance & Accounting Territory Manager Salary 12 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹14 L/yr

Last Updated: 12 Jan 2024

Companies similar to Kotak Mahindra Bank for Territory Manager in Mysuru / Mysore

Kotak Mahindra Bank Territory Manager Salary

8 - 12 years exp. (3 salaries)

₹7.5 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Territory Manager Salary 10 - 12 years exp. (4 salaries)	₹5.5 L/yr - ₹8.2 L/yr 27% less	2 job openings
Cholamandalam MS General Insurance Territory Manager Salary 14 - 15 years exp. (4 salaries)	₹7.5 L/yr - ₹9 L/yr 23% less
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HDFC Sales Territory Manager Salary 10 - 14 years exp. (3 salaries)	₹11 L/yr - ₹12.3 L/yr 16% more	1 job opening
TVS Credit Territory Manager Salary 10 - 11 years exp. (3 salaries)	₹5.4 L/yr - ₹7 L/yr 44% less
Nippon Life India Asset Management Territory Manager Salary 4 - 7 years exp. (3 salaries)	₹4.1 L/yr - ₹4.5 L/yr 60% less	3 job openings

Territory Manager salary at Kotak Mahindra Bank ranges between ₹7.5 Lakhs to ₹14 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Territory Manager salaries in Mysuru / Mysore

Last Updated: 12 Jan 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
9 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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10 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12.1 L/yr
11 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
12 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr

Top skills at Kotak Mahindra Bank for Territory Manager

investment Trade Finance Relationship Management Online Payment Branch Banking Relationship Management Sales Current Account Sales Banking wealth Top Management Transaction Banking

Salary related reviews for Kotak Mahindra Bank

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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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 Territory Manager Salary FAQs

How the salary growth look like for a Territory Manager at Kotak Mahindra Bank in Mysuru / Mysore?

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

Experience	Average Salary Range
8 years	₹8.5 Lakhs to ₹10.9 Lakhs per year
9 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
10 years	₹9.4 Lakhs to ₹12.1 Lakhs per year
11 years	₹9.9 Lakhs to ₹12.6 Lakhs per year

and so on.

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Kotak Mahindra Bank Territory Manager Salaries in Mysuru / Mysore

Kotak Mahindra Bank Territory Manager salary in Mysuru / Mysore ranges between ₹7.5 Lakhs to ₹14 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.

Kotak Mahindra Bank Territory Manager salaries in Mysuru / Mysore

Companies similar to Kotak Mahindra Bank for Territory Manager in Mysuru / Mysore

Latest annual salaries shared by Kotak Mahindra Bank Territory Manager in Mysuru / Mysore

Experience wise Kotak Mahindra Bank Territory Manager salaries in Mysuru / Mysore

Top skills at Kotak Mahindra Bank for Territory 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 Territory Manager Salary FAQs

Tell us how to improve this page.