Kotak Securities Sales Associate Salaries by 4 Employees

0 - 6 years exp.

₹1.9 Lakh - ₹3.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% less than the average Sales Associate Salary in Financial Services Companies for 0 - 6 years of experience

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Salaries in different departments

Finance & Accounting Sales Associate Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹3.5 L/yr
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Sales & Business Development Sales Associate Salary 6 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

Last Updated: 14 Aug 2024

Companies similar to Kotak Securities for Sales Associate

Company name	Avg Annual Salary	Open Jobs
SBI Mutual Fund Sales Associate Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 10% less
Sharekhan Sales Associate Salary 0 - 2 years exp. (4 salaries)	₹2.6 L/yr - ₹3.7 L/yr 18% more	1 job opening
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Aditya Birla SunLife Asset Management Company Sales Associate Salary 0 - 2 years exp. (4 salaries)	₹2.8 L/yr - ₹3.5 L/yr 6% more
PolicyBazaar Sales Associate Salary 0 - 5 years exp. (340 salaries)	₹1.8 L/yr - ₹4.5 L/yr 17% more	1 job opening
Reliance Retail Sales Associate Salary 1 - 9 years exp. (323 salaries)	₹1 L/yr - ₹4.5 L/yr 17% less	2 job openings

Sales Associate salary at Kotak Securities ranges between ₹1.9 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Sales Associate salaries

Last Updated: 14 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.3 L/yr
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2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹4.4 L/yr

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Similar Designation salaries in Kotak Securities

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(17 salaries)

₹1.4 L/yr - ₹3.9 L/yr

Sales Officer Salary

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₹2.1 L/yr - ₹4.1 L/yr

Sales Manager Salary

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₹2.2 L/yr - ₹6.01 L/yr

Sales Representative Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Cashier Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Team Lead Salary

(15 salaries)

₹5.56 L/yr - ₹18 L/yr

Area Sales Manager Salary

(3 salaries)

₹2.3 L/yr - ₹7 L/yr

Deputy Manager Salary

(1.6k salaries)

₹1.95 L/yr - ₹7.45 L/yr

Senior Sales Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Kotak Securities

Deputy Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 14 Jun 2024

1.0

for Salary and Benefits

Likes

Salary on time and Saturday off

Dislikes

Vary bad work culture no any support from senior Specially cannot work with this Stupid Rohit Mahipal very worst fellow and because of him many employee resigned from KS even BM,Cluster Head, state Head etc. Really where he worked he made all office empty so don't work with him and later joined Chinmoy Sharma he is very oiling person to senior even bad bad performance from previous company but he joined here coz of reference stupid Rohit Mahipal.

Salary - Bad

+6 more

Deputy Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Apr 2024

4.0

for Salary and Benefits

Likes

Salary is on time A fixed Fuel reimbursement is passed without hassle Good learning experience

Salary - Good

+2 more

Dislikes

There is very high pressure and toxic work environment Unrealistic expectations are set by the managers on a daily basis Managers don’t approve leaves easily There is no real training program and very little support from operations end

Company culture - Bad

+1 more

Deputy Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

During COVID pandemic company don't stop salary.

Dislikes

...y disappointed. HR BEHAVIOUR IS VERY BAD. HR is manipulated by Management. Not even salary hike 😕

Salary - Bad

+6 more

Deputy Manager in Mumbai

Intern

Risk Management & Compliance Department

3.0

• posted on 08 Dec 2024

2.0

for Salary and Benefits

Likes

job timings are good

Dislikes

as per the name not getting gud salary hike, you are not able to get leave when you required and not even getting leave encashment it is got lapse if you are not utilising for that year. for silly reason they are not promoted you and not even gettting hike and bonus for one year so much disappointment for this.

Salary - Poor

+5 more

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 19 Dec 2023

1.0

for Salary and Benefits

Likes

nothing

Dislikes

...ee & care & safety, not client problem solving supporting by senior management, not rise salary continues 3 years. high target pressure. manager not working and not listen and only politics. manager always partiality his favorite person (spy)

Salary - Bad

+5 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

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Kotak Securities Sales Associate Salary FAQs

What is the salary of Sales Associate at Kotak Securities ?

The average salary of a Sales Associate at Kotak Securities in India typically ranges from ₹1.9 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Sales Associate at Kotak Securities earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Sales Associate Salaries at Kotak Securities 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 Securities employees in India.

What is the estimated take home salary of a Sales Associate at Kotak Securities in India?

The estimated take-home salary of a Sales Associate at Kotak Securities in India typically ranges from ₹19,320 to ₹20,993 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 6 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 Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Securities for Sales Associate in India?

Sharekhan	₹2.6 Lakhs to ₹3.7 Lakhs per year
PolicyBazaar	₹1.8 Lakhs to ₹4.5 Lakhs per year
Aditya Birla SunLife Asset Management Company	₹2.8 Lakhs to ₹3.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Securities, depending on the role and experience level.

What is the salary of a Sales Associate in companies similar to Kotak Securities in India?

The salary of a Sales Associate at companies similar to Kotak Securities in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI Mutual Fund	₹2.0 Lakhs to ₹3.5 Lakhs per year
Reliance Retail	₹1.0 Lakhs to ₹4.5 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 Sales Associate at Kotak Securities in India?

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

Experience	Average Salary Range
Fresher	₹1.2 Lakhs to ₹3.5 Lakhs per year
1 year	₹1.9 Lakhs to ₹5.3 Lakhs per year
2 years	₹1.1 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.1 Lakhs per year

and so on.

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Kotak Securities Sales Associate Salaries

Kotak Securities Sales Associate salary in India ranges between ₹1.9 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Securities latest salaries received from various employees of Kotak Securities.