Kotak Securities Mumbai Territory Manager Salaries by 4 Employees (Updated 2025)

14 - 16 years exp.

₹8 Lakhs - ₹12.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

26% more than the average Territory Manager Salary in Financial Services Companies for 14 - 16 years of experience

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Salaries in different departments

Finance & Accounting Territory Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹9.8 L/yr
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Sales & Business Development Territory Manager Salary 14 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹12.9 L/yr

Last Updated: 8 Mar 2025

Companies similar to Kotak Securities for Territory Manager in Mumbai

Kotak Securities Territory Manager Salary

14 - 16 years exp. (4 salaries)

₹8 L/yr - ₹12.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Sharekhan Territory Manager Salary 8 - 10 years exp. (5 salaries)	₹9.4 L/yr - ₹9.6 L/yr 9% less
IDFC FIRST Bank Territory Manager Salary 1 - 12 years exp. (76 salaries)	₹4.1 L/yr - ₹14 L/yr 20% less	14 job openings
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Hafele Territory Manager Salary 1 - 9 years exp. (33 salaries)	₹7.1 L/yr - ₹11.6 L/yr 5% less	2 job openings
Dr. Reddy's Territory Manager Salary 1 - 10 years exp. (31 salaries)	₹3.5 L/yr - ₹7 L/yr 48% less
Cipla Territory Manager Salary 2 - 11 years exp. (25 salaries)	₹2.1 L/yr - ₹6.9 L/yr 53% less

Territory Manager salary at Kotak Securities ranges between ₹8 Lakhs to ₹12.9 Lakhs per year for employees with experience between 14 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Territory Manager salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
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15+ years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr

Similar Designation salaries in Kotak Securities

Deputy Manager Salary

(514 salaries)

₹1.95 L/yr - ₹7.45 L/yr

Relationship Manager Salary

(30 salaries)

₹1.55 L/yr - ₹4.5 L/yr

Top skills at Kotak Securities for Territory Manager

Territory Management broking Insurance Sales Management Sales Equity Third Party Products Trading Target Achievement Cross Selling Asset stock broking Direct Sales Team Management demat

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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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 Securities Territory Manager Salary FAQs

What is the salary of Territory Manager at Kotak Securities in Mumbai?

The average salary of a Territory Manager at Kotak Securities in Mumbai typically ranges from ₹8.0 Lakhs to ₹12.9 Lakhs per year, depending on experience (from 14 years to 16 years).

The top 10% of Territory Manager in Mumbai at Kotak Securities earn more than ₹12.9 Lakhs per year, and the top 1% earn over ₹12.9 Lakhs per year. Territory Manager 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 Territory Manager at Kotak Securities in Mumbai?

The estimated take-home salary of a Territory Manager at Kotak Securities in Mumbai typically ranges from ₹75,491 to ₹77,446 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹12.9 Lakhs per year for employees with experience ranging from 14 years to 16 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.

What are the key skills required to be a Territory Manager at Kotak Securities in Mumbai?

To be a Territory Manager at Kotak Securities in Mumbai, the key skills required include:

- Territory Management
- broking
- Insurance
- Sales Management
- Sales

These skills are highly valued at Kotak Securities and are crucial for successful performance in a Software Engineering role.

What is the salary of a Territory Manager in companies similar to Kotak Securities in Mumbai?

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

Hafele	₹7.1 Lakhs to ₹11.6 Lakhs per year
Sharekhan	₹9.4 Lakhs to ₹9.6 Lakhs per year
IDFC FIRST Bank	₹4.1 Lakhs to ₹14.0 Lakhs per year
Dr. Reddy's	₹3.5 Lakhs to ₹7.0 Lakhs per year
Cipla	₹2.1 Lakhs to ₹6.9 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 Territory Manager at Kotak Securities in Mumbai?

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

Experience	Average Salary Range
14 years	₹9.4 Lakhs to ₹12.0 Lakhs per year
15 years	₹9.6 Lakhs to ₹12.3 Lakhs per year

and so on.

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Kotak Securities Territory Manager Salaries in Mumbai

Kotak Securities Territory Manager salary in Mumbai ranges between ₹8 Lakhs to ₹12.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Securities latest salaries received from various employees of Kotak Securities.