Kotak Mahindra Prime Sales Representative Salaries by 4 Employees

0 - 7 years exp.

₹2.2 Lakhs - ₹2.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

16% less than the average Sales Representative Salary in NBFC Companies for 0 - 7 years of experience

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Last Updated: 24 Feb 2024

Companies similar to Kotak Mahindra Prime for Sales Representative

Company name	Avg Annual Salary	Open Jobs
Tata Capital Housing Finance Sales Representative Salary 1 - 3 years exp. (5 salaries)	₹3 L/yr - ₹3.5 L/yr 31% more
Home Credit Finance Sales Representative Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹6 L/yr 47% more
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Adani Wilmar Sales Representative Salary 2 - 10 years exp. (169 salaries)	₹1.6 L/yr - ₹4.6 L/yr 32% more
Suntory Global Spirits Sales Representative Salary 3 - 12 years exp. (119 salaries)	₹4.2 L/yr - ₹8.5 L/yr 177% more
Polycab Wires Sales Representative Salary 0 - 6 years exp. (112 salaries)	₹2.1 L/yr - ₹4.5 L/yr 27% more

Sales Representative salary at Kotak Mahindra Prime ranges between ₹2.2 Lakhs to ₹2.7 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Prime.

Experience wise Kotak Mahindra Prime Sales Representative salaries

Last Updated: 24 Feb 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
7 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in Kotak Mahindra Prime

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₹2.64 L/yr - ₹11 L/yr

Sales Officer Salary

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₹1.5 L/yr - ₹4 L/yr

Marketing Executive Salary

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₹1.5 L/yr - ₹2.46 L/yr

Customer Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Area Sales Executive Salary

(3 salaries)

₹1.2 L/yr - ₹3 L/yr

Area Sales Manager Salary

(87 salaries)

₹6.2 L/yr - ₹18 L/yr

Senior Sales Executive Salary

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₹2.22 L/yr - ₹3.35 L/yr

Senior Sales Officer Salary

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₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for Kotak Mahindra Prime

Rated by 1 employees for salary & benefits

Deputy Manager in Ajmer

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.

Salary - Poor

+2 more

Deputy Manager in Goregaon

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.

Job security - Excellent

+2 more

Dislikes

Mid management involved in politics and favourism based on religion.

Salary - Poor

+2 more

Relationship Manager in Nagpur

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,

Salary - Good

+6 more

Dislikes

Salary structure need to be change

Sales Associate in Bhubaneswar

New car finance Department

5.0

• posted on 21 Nov 2018

3.0

for Salary and Benefits

Likes

The enviroment and culture of the company is excellent, there is no chief politics on this company , hence my overall experience on this company is good. Seniors are well motivated me and good apriciate my work.

Skill development - Excellent

+3 more

Dislikes

It is only give low salary to sales associate and nothing else.here growth is very slow.

Senior Manager in Goregaon

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Kotak Mahindra Prime Sales Representative Salary FAQs

What is the salary of Sales Representative at Kotak Mahindra Prime ?

The average salary of a Sales Representative at Kotak Mahindra Prime in India typically ranges from ₹2.2 Lakhs to ₹2.7 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Sales Representative at Kotak Mahindra Prime earn more than ₹2.7 Lakhs per year, and the top 1% earn over ₹2.7 Lakhs per year. Sales Representative 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 Sales Representative at Kotak Mahindra Prime in India?

The estimated take-home salary of a Sales Representative at Kotak Mahindra Prime in India typically ranges from ₹17,080 to ₹18,787 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹2.7 Lakhs per year for employees with experience ranging from Fresher to 7 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 Sales Representative in India?

Suntory Global Spirits	₹4.2 Lakhs to ₹8.5 Lakhs per year
Home Credit Finance	₹2.0 Lakhs to ₹6.0 Lakhs per year
Adani Wilmar	₹1.6 Lakhs to ₹4.6 Lakhs per year
Tata Capital Housing Finance	₹3.0 Lakhs to ₹3.5 Lakhs per year
Polycab Wires	₹2.1 Lakhs to ₹4.5 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.

How the salary growth look like for a Sales Representative at Kotak Mahindra Prime in India?

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

Experience	Average Salary Range
Fresher	₹2.4 Lakhs to ₹3.1 Lakhs per year
3 years	₹2.0 Lakhs to ₹2.5 Lakhs per year
4 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
7 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Kotak Mahindra Prime Sales Representative Salaries

Kotak Mahindra Prime Sales Representative salary in India ranges between ₹2.2 Lakhs to ₹2.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Prime latest salaries received from various employees of Kotak Mahindra Prime.