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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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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance AVP & Branch Head salaries in India

Annual salary range
0 - 15 years exp.
₹9.3 Lakhs - ₹21 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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32% less than the average AVP & Branch Head Salary in Insurance Companies for 0 - 15 years of experience

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Last Updated: 4 Mar 2023

Companies similar to Kotak Mahindara Life Insurance for AVP & Branch Head

Company name Avg Annual Salary Open Jobs
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HDFC Life AVP & Branch Head Salary

4 - 20 years exp. (4 salaries)
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₹17 L/yr - ₹40 L/yr

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Max Life Insurance AVP & Branch Head Salary

13 - 21 years exp. (6 salaries)
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₹12 L/yr - ₹22 L/yr

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Swiss Re AVP & Branch Head Salary

9 - 12 years exp. (4 salaries)
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₹25.5 L/yr - ₹33.7 L/yr

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Axis Bank AVP & Branch Head Salary

14 - 22 years exp. (182 salaries)
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₹11 L/yr - ₹24.5 L/yr

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HDFC Bank AVP & Branch Head Salary

10 - 22 years exp. (70 salaries)
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₹15.5 L/yr - ₹27 L/yr

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AVP & Branch Head salary at Kotak Mahindara Life Insurance ranges between ₹9.3 Lakhs to ₹21 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance AVP & Branch Head

1y ago
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7 years exp.

Experience wise Kotak Mahindara Life Insurance AVP & Branch Head salaries

Last Updated: 4 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹10.4 L/yr - ₹13.3 L/yr
7 years (AmbitionBox Estimate)

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₹16.8 L/yr - ₹21.5 L/yr
15+ years (AmbitionBox Estimate)

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₹18.9 L/yr - ₹24.2 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Recruitment Development Manager Salary
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₹2.5 L/yr - ₹5.2 L/yr
Relationship Manager Salary
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₹1.75 L/yr - ₹7 L/yr
Branch Manager Salary
(198 salaries)
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₹4.5 L/yr - ₹13 L/yr
Deputy Vice President Salary
(137 salaries)
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₹11.86 L/yr - ₹44 L/yr
Branch Operation Executive Salary
(74 salaries)
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₹1.8 L/yr - ₹4.6 L/yr
Branch Training Manager Salary
(68 salaries)
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₹2.5 L/yr - ₹6 L/yr
Assistant Branch Manager Salary
(61 salaries)
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₹3.75 L/yr - ₹8.5 L/yr
Cluster Manager Salary
(34 salaries)
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₹4.96 L/yr - ₹14.3 L/yr
Key Relationship Manager Salary
(31 salaries)
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₹2.5 L/yr - ₹3.75 L/yr
Agency Manager Salary
(26 salaries)
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₹2 L/yr - ₹7.64 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

2.0

Rated by 1 employees for salary & benefits

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

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 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

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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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Kotak Mahindara Life Insurance AVP & Branch Head Salary FAQs

What is the salary of AVP & Branch Head at Kotak Mahindara Life Insurance?
AVP & Branch Head salary at Kotak Mahindara Life Insurance in India ranges between ₹9.3 Lakhs to ₹21.0 Lakhs for less than 1 year of experience to 15 years. According to our estimates it is 32% less than the average AVP & Branch Head Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a AVP & Branch Head at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a AVP & Branch Head at Kotak Mahindara Life Insurance is 32% less than the average salary of a AVP & Branch Head in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a AVP & Branch Head in India?
  • Swiss Re AVP & Branch Head Salary - ₹25.5 Lakhs to ₹33.7 Lakhs per year
  • HDFC Life AVP & Branch Head Salary - ₹17.0 Lakhs to ₹40.0 Lakhs per year
  • HDFC Bank AVP & Branch Head Salary - ₹15.5 Lakhs to ₹27.0 Lakhs per year
  • Axis Bank AVP & Branch Head Salary - ₹11.0 Lakhs to ₹24.5 Lakhs per year
What is the salary of a AVP & Branch Head in companies similar to Kotak Mahindara Life Insurance in India?
  • Max Life Insurance AVP & Branch Head Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
What is the estimated take home salary of a AVP & Branch Head at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a AVP & Branch Head at Kotak Mahindara Life Insurance ranges between ₹1,07,631 per month to ₹1,10,599 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance AVP & Branch Head salary in India which ranges between ₹9.3 Lakhs to ₹21.0 Lakhs per year for employees with less than 1 year of experience to 15 years. Check how did we calculate take home salary?

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Kotak Mahindara Life Insurance AVP & Branch Head salary in India ranges between ₹9.3 Lakhs to ₹21 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.