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Kotak Mahindra Prime Area Manager salaries in India

Annual salary range
11 - 14 years exp.
₹8.4 Lakhs - ₹12.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (100%)
₹9.7 Lakhs
Variable (0%)
₹0.0
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At par with the average Area Manager Salary in NBFC Companies for 11 - 14 years of experience

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Last Updated: 22 Nov 2024

Companies similar to Kotak Mahindra Prime for Area Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Housing Finance Area Manager Salary

6 - 14 years exp. (115 salaries)

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₹5.8 L/yr - ₹17.8 L/yr

arrow icon 35% more
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LIC Housing Finance Area Manager Salary

5 - 11 years exp. (29 salaries)

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₹9 L/yr - ₹25 L/yr

arrow icon 90% more
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Hinduja Leyland Finance Area Manager Salary

5 - 17 years exp. (21 salaries)

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₹3.3 L/yr - ₹9.7 L/yr

arrow icon 28% less
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₹9.3 L/yr - ₹14 L/yr

arrow icon 5% more
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Electronica Finance Area Manager Salary

5 - 14 years exp. (9 salaries)

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₹5.1 L/yr - ₹10.5 L/yr

arrow icon 25% less
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Hero FinCorp Area Manager Salary

1 - 9 years exp. (8 salaries)

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₹10.3 L/yr - ₹14 L/yr

arrow icon 19% more
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PNB Housing Finance Area Manager Salary

7 - 15 years exp. (8 salaries)

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₹8.3 L/yr - ₹11 L/yr

arrow icon 6% more
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Sammaan Capital Limited Area Manager Salary

2 - 14 years exp. (7 salaries)

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₹3.5 L/yr - ₹13.6 L/yr

arrow icon 20% less
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Finova Capital Area Manager Salary

7 - 17 years exp. (6 salaries)

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₹5.7 L/yr - ₹10 L/yr

arrow icon 21% less
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₹8.3 L/yr - ₹12 L/yr

arrow icon 4% more
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₹12 L/yr - ₹20 L/yr

arrow icon 62% more
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Tyger Capital Area Manager Salary

8 - 15 years exp. (5 salaries)

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₹8.2 L/yr - ₹11.3 L/yr

arrow icon 5% more
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₹4.5 L/yr - ₹12 L/yr

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₹7 L/yr - ₹14 L/yr

At par
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Midland Microfin Limited Area Manager Salary

6 - 14 years exp. (4 salaries)

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₹3.8 L/yr - ₹5.5 L/yr

arrow icon 55% less
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IKF Finance Area Manager Salary

10 - 16 years exp. (4 salaries)

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₹7.9 L/yr - ₹10.6 L/yr

arrow icon 9% less
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InCred Finance Area Manager Salary

10 - 15 years exp. (4 salaries)

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₹8 L/yr - ₹10.5 L/yr

arrow icon 4% less
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Light Microfinance Area Manager Salary

6 - 10 years exp. (4 salaries)

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₹3.5 L/yr - ₹4.3 L/yr

arrow icon 60% less
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Muthoottu Mini Financiers Area Manager Salary

7 - 11 years exp. (4 salaries)

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₹3.6 L/yr - ₹5.4 L/yr

arrow icon 57% less
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MAS Financial Services Area Manager Salary

8 - 11 years exp. (4 salaries)

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₹7.2 L/yr - ₹14.1 L/yr

arrow icon 10% more
View all
Area Manager salary at Kotak Mahindra Prime ranges between ₹8.4 Lakhs to ₹12.2 Lakhs per year for employees with experience between 11 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Prime.

Latest annual salaries shared by Kotak Mahindra Prime Area Manager

1mo ago
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11 years exp.
1y ago
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11 years exp.
1y ago
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14 years exp.

Experience wise Kotak Mahindra Prime Area Manager salaries

Last Updated: 22 Nov 2024

Experience Avg Annual Salary
11 years  (3 salaries)

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₹8.4 L/yr - ₹12.2 L/yr
12 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr
13 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹10.9 L/yr
14 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹8.9 L/yr

Similar Designation salaries in Kotak Mahindra Prime

Sales Manager Salary
(98 salaries)
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₹2.64 L/yr - ₹11 L/yr
Branch Manager Salary
(6 salaries)
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₹6.5 L/yr - ₹8.62 L/yr
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₹6.2 L/yr - ₹18 L/yr
Cluster Manager Salary
(19 salaries)
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₹6.5 L/yr - ₹11.5 L/yr
Deputy Manager Salary
(251 salaries)
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₹3 L/yr - ₹7.5 L/yr
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₹22.5 L/yr - ₹24 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr
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₹5.8 L/yr - ₹9.7 L/yr
Team Lead Salary
(19 salaries)
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₹2.05 L/yr - ₹4.2 L/yr
Sales Officer Salary
(61 salaries)
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₹1.5 L/yr - ₹4 L/yr

Salary related reviews for Kotak Mahindra Prime

1.4

Rated by 2 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 26 Jul 2024

2.0
 for  Salary and Benefits

Likes

Job stability, transfers, open door policy.

  • Job security - Excellent

Dislikes

No Promotion policy is defined or followed. No considerable salary hike. You can be sitting at the same salary forever if you don’t switch. Office politics cannot even be described in words. No bonus.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 30 Dec 2022

3.0
 for  Salary and Benefits

Likes

Work culture, individual development, ownership, Job security hi level management recognition and appreciation is good.

  • Skill development - Good
  • +5 more

Dislikes

Pay level and incentives not match with market but if our performance is good we get all things

read more

Other Department

3.0
  •  posted on 24 Jan 2021

2.0
 for  Salary and Benefits

Likes

Great company culture. No pay cuts even in pandemic times. Overall great company to work. But the growth prospects is very slow. Yearly appraisals are below expectations.

read more
  • Job security - Excellent
  • +2 more

Dislikes

Mid management involved in politics and favourism based on religion.

  • Salary - Poor
  • +2 more

Finance Department

5.0
  •  posted on 24 Jan 2020

4.0
 for  Salary and Benefits

Likes

... and the culture of the company is excellent, teammates and Superiors are very supportive, need to chnge salary structure, appraisal ratings are too good, learning policies are advanced, work environment is excellent, excellent company for work satisfaction and stability,

read more
  • Salary - Good
  • +6 more

Dislikes

Salary structure need to be change

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 09 May 2023

3.0
 for  Salary and Benefits

Likes

There is an open door policy,we can anytime directly interact with management.

  • Job security - Good
  • +3 more

Dislikes

The only point i would like to highlight is the company should think about salary structure for employee is very low compared to other banking industry. As per the grade the salary doesn't Match.

read more
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Kotak Mahindra Prime Area Manager Salary FAQs

What is the salary of Area Manager at Kotak Mahindra Prime ?
The average salary of a Area Manager at Kotak Mahindra Prime in India typically ranges from ₹8.4 Lakhs to ₹12.2 Lakhs per year, depending on experience (from 11 years to 14 years).

The top 10% of Area Manager at Kotak Mahindra Prime earn more than ₹12.2 Lakhs per year, and the top 1% earn over ₹12.2 Lakhs per year. Area Manager Salaries at Kotak Mahindra Prime 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 4 Kotak Mahindra Prime employees in India.
What is the estimated take home salary of a Area Manager at Kotak Mahindra Prime in India?
The estimated take-home salary of a Area Manager at Kotak Mahindra Prime in India typically ranges from ₹70,368 to ₹72,178 per month. This is based on the average salary range of ₹8.4 Lakhs to ₹12.2 Lakhs per year for employees with experience ranging from 11 years to 14 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 4 salaries received from various employees of Kotak Mahindra Prime. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kotak Mahindra Prime for Area Manager in India?
LIC Housing Finance ₹9.0 Lakhs to ₹25.0 Lakhs per year
Tata Capital Housing Finance ₹12.0 Lakhs to ₹20.0 Lakhs per year
Bajaj Housing Finance ₹5.8 Lakhs to ₹17.8 Lakhs per year
Hero FinCorp ₹10.3 Lakhs to ₹14.0 Lakhs per year
MAS Financial Services ₹7.2 Lakhs to ₹14.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Prime, depending on the role and experience level.
What is the salary of a Area Manager in companies similar to Kotak Mahindra Prime in India?
The salary of a Area Manager at companies similar to Kotak Mahindra Prime in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

PNB Housing Finance ₹8.3 Lakhs to ₹11.0 Lakhs per year
Tyger Capital ₹8.2 Lakhs to ₹11.3 Lakhs per year
Mahindra Rural Housing Finance ₹9.3 Lakhs to ₹14.0 Lakhs per year
Aptus Value Housing Finance India ₹8.3 Lakhs to ₹12.0 Lakhs per year
India Shelter Finance Corporation ₹7.0 Lakhs to ₹14.0 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 Area Manager at Kotak Mahindra Prime in India?
The salary growth for a Area Manager at Kotak Mahindra Prime depends on factors such as experience, performance, and promotions. On average, a Area Manager can expect the following growth trajectory at Kotak Mahindra Prime:

Experience Average Salary Range
11 years ₹8.4 Lakhs to ₹12.2 Lakhs per year
12 years ₹9.0 Lakhs to ₹11.5 Lakhs per year
13 years ₹8.5 Lakhs to ₹10.9 Lakhs per year
14 years ₹8.9 Lakhs to ₹8.9 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Prime Area Manager salary in India ranges between ₹8.4 Lakhs to ₹12.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindra Prime latest salaries received from various employees of Kotak Mahindra Prime.