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Kotak Mahindra Bank Vice President Sales salaries in Mumbai

Annual salary range
11 - 18 years exp.
₹26 Lakhs - ₹37 Lakhs
Salary of majority employees
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31% less than the average Vice President Sales Salary in Banking Companies for 11 - 18 years of experience

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Salaries in different departments

Sales & Business Development
Vice President Sales Salary
13 - 16 years exp. (5 salaries)
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₹30 L/yr - ₹34 L/yr

BFSI, Investments & Trading
Vice President Sales Salary
15 years exp. (AmbitionBox Estimate)
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₹29.4 L/yr - ₹30.3 L/yr

Last Updated: 20 Apr 2024

Companies similar to Kotak Mahindra Bank for Vice President Sales in Mumbai

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Kotak Mahindra Bank Vice President Sales Salary

11 - 18 years exp. (9 salaries)

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₹26 L/yr - ₹37 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Vice President Sales Salary

18 - 20 years exp. (4 salaries)

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₹33.7 L/yr - ₹50.5 L/yr

arrow icon 28% more
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Axis Bank Vice President Sales Salary

15 - 21 years exp. (5 salaries)

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₹34 L/yr - ₹65 L/yr

arrow icon 26% more
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Yes Bank Vice President Sales Salary

7 - 20 years exp. (5 salaries)

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₹20.5 L/yr - ₹26 L/yr

arrow icon 29% less
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IDFC FIRST Bank Vice President Sales Salary

8 - 12 years exp. (3 salaries)

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₹26.6 L/yr - ₹36 L/yr

arrow icon 17% more
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₹17 L/yr - ₹30 L/yr

arrow icon 15% less
Vice President Sales salary at Kotak Mahindra Bank ranges between ₹26 Lakhs to ₹37 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Vice President Sales in Mumbai

9mo ago
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11 years exp.
11mo ago
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18 years exp.
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18 years exp.
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15 years exp.
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14 years exp.
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15 years exp.
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16 years exp.
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13 years exp.
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16 years exp.

Experience wise Kotak Mahindra Bank Vice President Sales salaries in Mumbai

Last Updated: 20 Apr 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹12 L/yr - ₹37 L/yr
12 years (AmbitionBox Estimate)

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₹27.1 L/yr - ₹34.6 L/yr
13 years (AmbitionBox Estimate)

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₹12.1 L/yr - ₹31.5 L/yr
14 years (AmbitionBox Estimate)

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₹12.1 L/yr - ₹31.5 L/yr
15+ years  (6 salaries)

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₹26 L/yr - ₹34 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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₹9.7 L/yr - ₹37 L/yr
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₹11.29 L/yr - ₹36.18 L/yr
Sales Manager Salary
(128 salaries)
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₹1.8 L/yr - ₹10 L/yr
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₹30 L/yr - ₹80 L/yr
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₹7.5 L/yr - ₹25 L/yr
Director Salary
(3 salaries)
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₹51 L/yr - ₹75 L/yr

Salary related reviews for Kotak Mahindra Bank

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 02 Jul 2024

1.0
 for  Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

  • Skill development - Good
    +2 more

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

read more
  • Salary - Bad

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 25 Feb 2023

4.0
 for  Salary and Benefits

Likes

Kotak has good work life balance. Salary benefits are also good. There is terrible on job learning and very slow decision making by management!!

read more
  • Salary - Good
    +3 more

Dislikes

1.Extremely slow decision making. 2. Accountability of deliverables

  • Skill development - Bad
    +1 more

Procurement & Supply Chain Department

4.0
  •  posted on 03 Feb 2018

3.0
 for  Salary and Benefits

Likes

1)Adopts latest technology. 2)complaints handling is good,especially in internal audit.

  • Skill development - Good

Dislikes

...m area managers for insurance business and no proper support to bank managers. 3)More work ,less salary packages . 4)so Many windows for loans and advances which leads to customer dissatisfaction. 5)daily 3-4 conference calls,which effects customer service.

read more

Full Time

 · 

Project & Program Management Department

2.0
  •  posted on 27 Dec 2024

2.0
 for  Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

read more
  • Salary - Poor
    +4 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 23 Dec 2024

4.0
 for  Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

read more
  • Salary - Good
    +1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

read more
  • Job security - Bad
    +2 more
see more salary related reviews

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Kotak Mahindra Bank Vice President Sales Salary FAQs

What is the salary of Vice President Sales at Kotak Mahindra Bank Mumbai?
Vice President Sales salary at Kotak Mahindra Bank in Mumbai ranges between ₹26.0 Lakhs to ₹37.0 Lakhs for experience between 11 years to 18 years. According to our estimates it is 31% less than the average Vice President Sales Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.
How does the salary of a Vice President Sales at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?
The average salary of a Vice President Sales at Kotak Mahindra Bank is 31% less than the average salary of a Vice President Sales in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Vice President Sales in Mumbai?
  • HDFC Bank Vice President Sales Salary - ₹33.7 Lakhs to ₹50.5 Lakhs per year
  • Axis Bank Vice President Sales Salary - ₹34.0 Lakhs to ₹65.0 Lakhs per year
  • IDFC FIRST Bank Vice President Sales Salary - ₹26.6 Lakhs to ₹36.0 Lakhs per year
What is the salary of a Vice President Sales in companies similar to Kotak Mahindra Bank in Mumbai?
  • Jana Small Finance Bank Vice President Sales Salary - ₹17.0 Lakhs to ₹30.0 Lakhs per year
  • Yes Bank Vice President Sales Salary - ₹20.5 Lakhs to ₹26.0 Lakhs per year
What is the estimated take home salary of a Vice President Sales at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Vice President Sales at Kotak Mahindra Bank ranges between ₹1,86,061 per month to ₹1,93,337 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Vice President Sales salary in India which ranges between ₹26.0 Lakhs to ₹37.0 Lakhs per year for employees with experience between 11 years to 18 years. Check how did we calculate take home salary?
What is the notice period for Vice President Sales at Kotak Mahindra Bank in Mumbai?
According to AmbitionBox, 100% of the Kotak Mahindra Bank Vice President Saless in Mumbai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Vice President Sales salary in Mumbai ranges between ₹26 Lakhs to ₹37 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.