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Kotak Mahindara Life Insurance Agency Partner salaries in India (Updated 2025)

Annual salary range
1 - 7 years exp.
₹1 Lakh - ₹8 Lakhs
Salary of majority employees
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At par with the average Agency Partner Salary in Insurance Companies for 1 - 7 years of experience

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Salaries in different departments

Sales & Business Development
Agency Partner Salary
1 - 6 years exp. (19 salaries)
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₹1.2 L/yr - ₹8 L/yr

BFSI, Investments & Trading
Agency Partner Salary
1 - 7 years exp. (12 salaries)
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₹1.8 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Agency Partner Salary
1 - 6 years exp. (7 salaries)
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₹1 L/yr - ₹3 L/yr

Marketing & Communication
Agency Partner Salary
1 - 3 years exp. (5 salaries)
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₹2 L/yr - ₹3.6 L/yr

Finance & Accounting
Agency Partner Salary
2 - 7 years exp. (3 salaries)
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₹1.2 L/yr - ₹4.5 L/yr

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Last Updated: 23 Feb 2025

Companies similar to Kotak Mahindara Life Insurance for Agency Partner

Company name Avg Annual Salary Open Jobs
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₹1 L/yr - ₹6.5 L/yr

arrow icon 9% more
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HDFC Life Agency Partner Salary

0 - 13 years exp. (6 salaries)

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₹1 L/yr - ₹4.5 L/yr

arrow icon 24% less
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Axis Max Life Insurance Agency Partner Salary

6 - 14 years exp. (5 salaries)

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₹3 L/yr - ₹11 L/yr

arrow icon 90% more
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₹3.4 L/yr - ₹6.2 L/yr

arrow icon 67% more
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₹2.2 L/yr - ₹4 L/yr

arrow icon 3% less
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₹5.5 L/yr - ₹5.6 L/yr

arrow icon 72% more
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₹3 L/yr - ₹4 L/yr

arrow icon 14% more
Agency Partner salary at Kotak Mahindara Life Insurance ranges between ₹1 Lakh to ₹8 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 78 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Agency Partner

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Experience wise Kotak Mahindara Life Insurance Agency Partner salaries

Last Updated: 23 Feb 2025

Experience Avg Annual Salary
1 year  (23 salaries)

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₹1 L/yr - ₹4.2 L/yr
2 years  (18 salaries)

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₹1 L/yr - ₹5.5 L/yr
3 years  (13 salaries)

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₹1.5 L/yr - ₹4 L/yr
4 years  (10 salaries)

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₹1.6 L/yr - ₹8 L/yr
5 years  (7 salaries)

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₹2 L/yr - ₹6 L/yr
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Similar Designation salaries in Kotak Mahindara Life Insurance

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Area Manager Salary
(30 salaries)
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₹4.7 L/yr - ₹17.5 L/yr
Deputy Manager Salary
(764 salaries)
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₹2 L/yr - ₹5.69 L/yr
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₹10.31 L/yr - ₹22 L/yr
Sales Manager Salary
(563 salaries)
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₹2 L/yr - ₹6.22 L/yr
Branch Head Salary
(10 salaries)
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₹8.5 L/yr - ₹14 L/yr
Sales Officer Salary
(8 salaries)
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₹1.5 L/yr - ₹4 L/yr
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₹3.3 L/yr - ₹6.2 L/yr
Team Lead Salary
(34 salaries)
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₹1.2 L/yr - ₹6.95 L/yr
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₹3.5 L/yr - ₹8.4 L/yr

Top skills at Kotak Mahindara Life Insurance for Agency Partner

Agency Channel Agency Sales Agent Recruitment Team Handling Sales Insurance Sales Business Development agency Agency Management Business Development Management Channel Sales Channel Sales Management Sales Agency

Salary related reviews for Kotak Mahindara Life Insurance

3.2

Rated by 29 employees for salary & benefits

Metro branch Department

1.0
  •  posted on 01 Oct 2020

1.0
 for  Salary and Benefits

Likes

All fake going on in metro branch kolkata, Everyone just want money by giving fake promises and earning commission,That's why I left the work hope Mr kotak dont know about this.. And even they do fake signatute

read more

Dislikes

Recruitment fake. All promise to give 35000 salary after submittion of 1 lakh policy

read more
  • Salary - Bad
  • +6 more

Life Insurance Department

1.0
  •  posted on 20 Sep 2021

1.0
 for  Salary and Benefits

Likes

I don't like anything

Dislikes

...er continuously says "If you can't complete your target, you'll get terminated". Don't get motivation to work because nobody is supportive and salary is very very low, no appraisal.

read more
  • Salary - Bad
  • +6 more

Life Insurance Department

1.0
  •  posted on 04 Feb 2021

1.0
 for  Salary and Benefits

Likes

I Don't like anything.

Dislikes

...ything. Managers are not help full, they only think about their business target. Salary is very low. no job security. Managers Everyday Said "If you don't complete your target, which is selling insurance policy, you will get terminated". No motivation to work. Overall, working in this company is a nightmare for me.

read more
  • Salary - Bad
  • +6 more

Marketing & Communication Department

1.0
  •  posted on 10 Jan 2019

1.0
 for  Salary and Benefits

Likes

Never ever work in a life insurance Co. As per their rule an agent get only commission not a single rupee salary& after confirmation salary will be Rs. 3000. Horrible experience working at kotak Life.

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Dislikes

No salary structure.

  • Salary - Bad
  • +6 more

BFSI, Investments & Trading Department

3.0
  •  posted on 01 Feb 2018

2.0
 for  Salary and Benefits

Likes

The company gives time freedom and policies are also user friendly

Dislikes

Training is more on theoretical concepts rather than practical applications; salary packages are unsatisfactory and work environment is not much professional

read more
  • Salary - Poor
  • +3 more
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Kotak Mahindara Life Insurance Agency Partner Salary FAQs

What is the salary of Agency Partner at Kotak Mahindara Life Insurance ?
The average salary of a Agency Partner at Kotak Mahindara Life Insurance in India typically ranges from ₹1.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Agency Partner at Kotak Mahindara Life Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Agency Partner Salaries at Kotak Mahindara Life Insurance 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 70+ Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Agency Partner at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Agency Partner at Kotak Mahindara Life Insurance in India typically ranges from ₹23,276 to ₹24,740 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 1 year 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 70+ salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Agency Partner at Kotak Mahindara Life Insurance ?
To be a Agency Partner at Kotak Mahindara Life Insurance in india, the key skills required include:

  • - Agency Channel
  • - Agency Sales
  • - Agent Recruitment
  • - Team Handling
  • - Sales

These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for Agency Partner in India?
Axis Max Life Insurance ₹3.0 Lakhs to ₹11.0 Lakhs per year
ICICI Lombard General Insurance Company ₹5.5 Lakhs to ₹5.6 Lakhs per year
Bajaj Allianz Life Insurance ₹3.4 Lakhs to ₹6.2 Lakhs per year
United India Insurance Company ₹3.0 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹1.0 Lakhs to ₹6.5 Lakhs per year

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

ICICI Prudential Life Insurance ₹2.2 Lakhs to ₹4.0 Lakhs per year
HDFC Life ₹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 Agency Partner at Kotak Mahindara Life Insurance in India?
The salary growth for a Agency Partner at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a Agency Partner can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
1 year ₹1.0 Lakhs to ₹4.2 Lakhs per year
2 years ₹1.0 Lakhs to ₹5.5 Lakhs per year
3 years ₹1.5 Lakhs to ₹4.0 Lakhs per year
4 years ₹1.6 Lakhs to ₹8.0 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Agency Partner salary in India ranges between ₹1 Lakh to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 78 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.