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This company page is being actively managed by Kotak Mahindara Life Insurance Team. If you also belong to the team, you can get access from here

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3.7

based on 2.9k Reviews

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Kotak Mahindara Life Insurance Assistant Manager Branch Operations salaries in Chennai (Updated 2025)

Annual salary range
0 - 3 years exp.
₹2.5 Lakhs - ₹3.6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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5% less than the average Assistant Manager Branch Operations Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Assistant Manager Branch Operations Salary
1 - 3 years exp. (3 salaries)
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₹3.3 L/yr - ₹3.6 L/yr

BFSI, Investments & Trading
Assistant Manager Branch Operations Salary
3 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.1 L/yr

Last Updated: 18 Jan 2025

Companies similar to Kotak Mahindara Life Insurance for Assistant Manager Branch Operations in Chennai

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Kotak Mahindara Life Insurance Assistant Manager Branch Operations Salary

0 - 3 years exp. (5 salaries)
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₹2.5 L/yr - ₹3.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Toyota Logistics Kishor Assistant Manager Branch Operations Salary

2 - 4 years exp. (4 salaries)
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₹7 L/yr - ₹8.2 L/yr

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Madhubun Educational Books Assistant Manager Branch Operations Salary

8 - 10 years exp. (3 salaries)
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₹4.5 L/yr - ₹6 L/yr

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Assistant Manager Branch Operations salary at Kotak Mahindara Life Insurance ranges between ₹2.5 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Assistant Manager Branch Operations in Chennai

2mo ago
₹3.6 Lakhs
3 years exp.
1y ago
₹3.3 Lakhs
2 years exp.

Experience wise Kotak Mahindara Life Insurance Assistant Manager Branch Operations salaries in Chennai

Last Updated: 18 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Branch Manager Salary
(14 salaries)
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₹5.5 L/yr - ₹8.5 L/yr
Branch Training Manager Salary
(13 salaries)
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₹3 L/yr - ₹5 L/yr
Relationship Manager Salary
(10 salaries)
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₹3.2 L/yr - ₹4.6 L/yr
Branch Operation Executive Salary
(6 salaries)
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₹2.2 L/yr - ₹3.51 L/yr
Cluster Manager Salary
(3 salaries)
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₹7.3 L/yr - ₹15 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

2.0

Rated by 1 employees for salary & benefits

Assistant Manager Branch Operations in Guwahati

Customer Success, Service & Operations Department

5.0
  •  posted on 29 Jul 2020
5.0
 for  Salary and Benefits

Likes

Kotak life as a company for me it is very supportive I am very satisfied with work culture also I found growth and opportunity in Future, Job security. I am always thankful to my exteem organization kotak life.

read more
  • Salary - Excellent
    • +6 more

Dislikes

Nothing as such...but salary is decent in our department.

Recruitment Development Manager in Kalyan / Dombivli

Full Time

 · 

Other Department

5.0
  •  posted on 27 Jun 2022
5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
    • +6 more

Relationship Manager in Kolkata

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 17 Feb 2023
1.0
 for  Salary and Benefits

Likes

... here 2yrs and they continue lied to me and us.. They have comission based job.. they will never give you any kind of salary..

read more

Dislikes

I like nothing about them.. I m with my word..

  • Salary - Bad
    • +6 more

Recruitment Development Manager in Vadodara

Marketing & Communication Department

4.0
  •  posted on 10 Dec 2017
1.0
 for  Salary and Benefits

Likes

Training support is best. Knowledge update program good

  • Skill development - Excellent

Dislikes

...pior have to increase intelligence level. Man management skill want to improve. Need Good professional but with cheaper salary. Not justify with quality

read more
  • Salary - Bad
    • +1 more

Recruitment Development Manager in Hisar

RECRUITMENT AND DEVELOPEMENT MANAGER Department

3.0
  •  posted on 27 Mar 2018
2.0
 for  Salary and Benefits

Likes

IN KOTAK LIFE TRAINING FOR MANAGERS IS VERY GOOD.

  • Skill development - Good
    • +1 more

Dislikes

SALARY PACKAGES ARE VERY LOW AND NO CAREER GROWTH BECAUSE THE CAREER EXPRESS TARGETS ARE MENTIONED WITH " * ". THERE IS NO PHONE BILL REMB. OR NO TRAVEL ALLOUNCE.

read more
  • Salary - Poor
    • +1 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Kotak Mahindara Life Insurance Assistant Manager Branch Operations Salary FAQs

What is the salary of Assistant Manager Branch Operations at Kotak Mahindara Life Insurance in Chennai?
The average salary of a Assistant Manager Branch Operations at Kotak Mahindara Life Insurance in Chennai typically ranges from ₹2.5 Lakhs to ₹3.6 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Assistant Manager Branch Operations in Chennai at Kotak Mahindara Life Insurance earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Assistant Manager Branch Operations 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 5 Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Assistant Manager Branch Operations at Kotak Mahindara Life Insurance in Chennai?
The estimated take-home salary of a Assistant Manager Branch Operations at Kotak Mahindara Life Insurance in Chennai typically ranges from ₹22,887 to ₹24,358 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from Fresher to 3 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 5 salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for Assistant Manager Branch Operations in India?
Toyota Logistics Kishor ₹7.0 Lakhs to ₹8.2 Lakhs per year
Madhubun Educational Books ₹4.5 Lakhs to ₹6.0 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.
How the salary growth look like for a Assistant Manager Branch Operations at Kotak Mahindara Life Insurance in Chennai?
The salary growth for a Assistant Manager Branch Operations at Kotak Mahindara Life Insurance in Chennai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Branch Operations in Chennai can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
Fresher ₹2.7 Lakhs to ₹3.5 Lakhs per year
1 year ₹2.8 Lakhs to ₹3.5 Lakhs per year
2 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years ₹2.9 Lakhs to ₹3.7 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Assistant Manager Branch Operations salary in Chennai ranges between ₹2.5 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.