Kotak Mahindara Life Insurance Agency Partner Salaries by 70+ Employees (Updated 2025)

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)	Unlock ₹1.2 L/yr - ₹8 L/yr
BFSI, Investments & Trading Agency Partner Salary 1 - 7 years exp. (12 salaries)	Unlock ₹1.8 L/yr - ₹4.5 L/yr
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Customer Success, Service & Operations Agency Partner Salary 1 - 6 years exp. (7 salaries)	Unlock ₹1 L/yr - ₹3 L/yr
Marketing & Communication Agency Partner Salary 1 - 3 years exp. (5 salaries)	Unlock ₹2 L/yr - ₹3.6 L/yr
Finance & Accounting Agency Partner Salary 2 - 7 years exp. (3 salaries)	Unlock ₹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
ICICI Prudential Life Insurance Agency Partner Salary 0 - 5 years exp. (3 salaries)	Unlock ₹2.2 L/yr - ₹4 L/yr 3% less
HDFC Life Agency Partner Salary 0 - 13 years exp. (6 salaries)	Unlock ₹1 L/yr - ₹4.5 L/yr 24% less	1 job opening
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Axis Max Life Insurance Agency Partner Salary 6 - 14 years exp. (5 salaries)	Unlock ₹3 L/yr - ₹11 L/yr 90% more
Bajaj Allianz Life Insurance Agency Partner Salary 4 - 28 years exp. (4 salaries)	Unlock ₹3.4 L/yr - ₹6.2 L/yr 67% more
Bharti AXA Life Insurance Agency Partner Salary 0 - 15 years exp. (3 salaries)	Unlock ₹2.4 L/yr - ₹5.5 L/yr 33% more
PNB MetLife Agency Partner Salary 0 - 4 years exp. (3 salaries)	Unlock ₹0.6 L/yr - ₹2.6 L/yr 52% less
Aditya Birla Sun Life Insurance Agency Partner Salary 0 - 5 years exp. (17 salaries)	Unlock ₹1 L/yr - ₹6.5 L/yr 4% more
Life Insurance Corporation of India Agency Partner Salary 1 - 12 years exp. (3 salaries)	Unlock ₹1.7 L/yr - ₹5 L/yr At par
ICICI Lombard General Insurance Company Agency Partner Salary 3 - 5 years exp. (3 salaries)	Unlock ₹5.5 L/yr - ₹5.6 L/yr 72% more
United India Insurance Company Agency Partner Salary 6 - 9 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹4 L/yr 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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1 year exp.

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2 years exp.

4mo ago

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6 years exp.

6mo ago

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3 years exp.

7mo ago

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3 years exp.

7mo ago

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6 years exp.

7mo ago

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2 years exp.

8mo ago

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3 years exp.

10mo ago

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7 years exp.

10mo ago

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1 year exp.

Experience wise Kotak Mahindara Life Insurance Agency Partner salaries

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
1 year (23 salaries)	Unlock ₹1 L/yr - ₹4.2 L/yr
2 years (18 salaries)	Unlock ₹1 L/yr - ₹5.5 L/yr
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3 years (13 salaries)	Unlock ₹1.5 L/yr - ₹4 L/yr
4 years (10 salaries)	Unlock ₹1.6 L/yr - ₹8 L/yr
5 years (7 salaries)	Unlock ₹2 L/yr - ₹6 L/yr
6 years (4 salaries)	Unlock ₹1.8 L/yr - ₹6.5 L/yr
7 years (3 salaries)	Unlock ₹3 L/yr - ₹6 L/yr

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Similar Designation salaries in Kotak Mahindara Life Insurance

Branch Manager Salary

(201 salaries)

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₹4.5 L/yr - ₹13.5 L/yr

Area Manager Salary

(26 salaries)

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₹5.7 L/yr - ₹17.9 L/yr

Deputy Manager Salary

(947 salaries)

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₹2 L/yr - ₹6.25 L/yr

Regional Manager Salary

(12 salaries)

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₹10.31 L/yr - ₹22 L/yr

Sales Manager Salary

(555 salaries)

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₹2 L/yr - ₹6.28 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

Business Manager Salary

(4 salaries)

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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

Area Sales Manager Salary

(8 salaries)

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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

Agency Partner in Kolkata

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

Dislikes

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

Salary - Bad

+6 more

Agency Partner in Kolkata, Metro Tower Branch

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.

Salary - Bad

+6 more

Agency Partner in Kolkata, Metro Tower Branch

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.

Salary - Bad

+6 more

Agency Partner in Kolkata

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.

Dislikes

No salary structure.

Salary - Bad

+6 more

Agency Partner in Lucknow

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

Salary - Poor

+3 more

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read 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?

Agency Partner salary at Kotak Mahindara Life Insurance in India ranges between ₹1.0 Lakhs to ₹8.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 1% more than the average Agency Partner Salary in India. Salary estimates are based on 78 latest salaries received from various employees of Kotak Mahindara Life Insurance India.

How does the salary of a Agency Partner at Kotak Mahindara Life Insurance India compare with the average salary range for this job?

The average salary of a Agency Partner at Kotak Mahindara Life Insurance is 1% more than the average salary of a Agency Partner in India. To know exact salary insights, login to view.

What are the top skills required to work as a Agency Partner at Kotak Mahindara Life Insurance?

Agency Channel, Agency Sales, Agent Recruitment, Team Handling and Sales are some of the popular skills required to work as a Agency Partner at Kotak Mahindara Life Insurance India.

Which similar companies are paying more than Kotak Mahindara Life Insurance to a Agency Partner in India?

Axis Max Life Insurance Agency Partner Salary - ₹3.0 Lakhs to ₹11.0 Lakhs per year
ICICI Lombard General Insurance Company Agency Partner Salary - ₹5.5 Lakhs to ₹5.6 Lakhs per year
Bajaj Allianz Life Insurance Agency Partner Salary - ₹3.4 Lakhs to ₹6.2 Lakhs per year
Bharti AXA Life Insurance Agency Partner Salary - ₹2.4 Lakhs to ₹5.5 Lakhs per year
United India Insurance Company Agency Partner Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year

What is the salary of a Agency Partner in companies similar to Kotak Mahindara Life Insurance in India?

Aditya Birla Sun Life Insurance Agency Partner Salary - ₹1.0 Lakhs to ₹6.5 Lakhs per year
Life Insurance Corporation of India Agency Partner Salary - ₹1.7 Lakhs to ₹5.0 Lakhs per year
ICICI Prudential Life Insurance Agency Partner Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year
HDFC Life Agency Partner Salary - ₹1.0 Lakhs to ₹4.5 Lakhs per year
PNB MetLife Agency Partner Salary - ₹0.6 Lakhs to ₹2.6 Lakhs per year

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 ranges between ₹23,276 per month to ₹24,740 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Agency Partner salary in India which ranges between ₹1.0 Lakhs to ₹8.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Agency Partner at Kotak Mahindara Life Insurance?

According to AmbitionBox, 72% of the Kotak Mahindara Life Insurance Agency Partners reported a notice period of 15 days or less, 24% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 46 responses on AmbitionBox in last 2 years.

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

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

Companies similar to Kotak Mahindara Life Insurance for Agency Partner

Latest annual salaries shared by Kotak Mahindara Life Insurance Agency Partner

Experience wise Kotak Mahindara Life Insurance Agency Partner salaries

Similar Designation salaries in Kotak Mahindara Life Insurance

Top skills at Kotak Mahindara Life Insurance for Agency Partner

Salary related reviews for Kotak Mahindara Life Insurance

Agency Partner in Kolkata

Agency Partner in Kolkata, Metro Tower Branch

Agency Partner in Kolkata, Metro Tower Branch

Agency Partner in Kolkata

Agency Partner in Lucknow

Kotak Mahindara Life Insurance Agency Partner Salary FAQs

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