Kotak Mahindara Life Insurance Mumbai Agency Partner Salaries by 4 Employees (Updated 2025)

1 - 5 years exp.

₹1 Lakh - ₹3.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Agency Partner Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

Finance & Accounting Agency Partner Salary 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.6 L/yr
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Marketing & Communication Agency Partner Salary 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹3.4 L/yr

Last Updated: 16 Jan 2025

Agency Partner salary at Kotak Mahindara Life Insurance ranges between ₹1 Lakh to ₹3.2 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Agency Partner salaries in Mumbai

Last Updated: 16 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary

(433 salaries)

₹2.25 L/yr - ₹5.74 L/yr

Sales Manager Salary

(76 salaries)

₹2.6 L/yr - ₹5.75 L/yr

Branch Manager Salary

(19 salaries)

₹6 L/yr - ₹11 L/yr

Team Lead Salary

(7 salaries)

₹2.15 L/yr - ₹6 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

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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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

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Kotak Mahindara Life Insurance Agency Partner Salary FAQs

What is the salary of Agency Partner at Kotak Mahindara Life Insurance in Mumbai?

The average salary of a Agency Partner at Kotak Mahindara Life Insurance in Mumbai typically ranges from ₹1.0 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Agency Partner in Mumbai at Kotak Mahindara Life Insurance earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 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 4 Kotak Mahindara Life Insurance employees in India.

What is the estimated take home salary of a Agency Partner at Kotak Mahindara Life Insurance in Mumbai?

The estimated take-home salary of a Agency Partner at Kotak Mahindara Life Insurance in Mumbai typically ranges from ₹22,622 to ₹24,096 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 1 year to 5 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 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 in Mumbai?

To be a Agency Partner at Kotak Mahindara Life Insurance in Mumbai, 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.

How the salary growth look like for a Agency Partner at Kotak Mahindara Life Insurance in Mumbai?

The salary growth for a Agency Partner at Kotak Mahindara Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Agency Partner in Mumbai can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹3.1 Lakhs per year
2 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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Kotak Mahindara Life Insurance Agency Partner Salaries in Mumbai

Kotak Mahindara Life Insurance Agency Partner salary in Mumbai ranges between ₹1 Lakh to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.