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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Bancassurance Relationship Manager salaries in India

Annual salary range
2 - 4 years exp.
₹3 Lakhs - ₹5 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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7% more than the average Bancassurance Relationship Manager Salary in Insurance Companies for 2 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Bancassurance Relationship Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Sales & Business Development
Bancassurance Relationship Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 28 Nov 2024

Companies similar to Kotak Mahindara Life Insurance for Bancassurance Relationship Manager

Company name Avg Annual Salary Open Jobs
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₹3.3 L/yr - ₹3.6 L/yr

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₹2.8 L/yr - ₹5.5 L/yr

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₹3.3 L/yr - ₹5.5 L/yr

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₹2.4 L/yr - ₹3.5 L/yr

arrow icon 20% less
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₹3.5 L/yr - ₹5.7 L/yr

arrow icon 18% more
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₹3.2 L/yr - ₹4.5 L/yr

arrow icon 5% less
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₹2.8 L/yr - ₹3.7 L/yr

arrow icon 20% less
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₹2.3 L/yr - ₹3.5 L/yr

arrow icon 25% less
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₹2.4 L/yr - ₹6.3 L/yr

arrow icon 4% more
Bancassurance Relationship Manager salary at Kotak Mahindara Life Insurance ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 4 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 Bancassurance Relationship Manager

1mo ago
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2 years exp.
5mo ago
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2 years exp.
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3 years exp.
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Experience wise Kotak Mahindara Life Insurance Bancassurance Relationship Manager salaries

Last Updated: 28 Nov 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹4 L/yr - ₹5.65 L/yr
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₹3 L/yr - ₹6 L/yr
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₹2.6 L/yr - ₹4.67 L/yr
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₹1.8 L/yr - ₹5.8 L/yr
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₹2.15 L/yr - ₹5 L/yr
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₹2.3 L/yr - ₹4.12 L/yr
Associate Sales Manager Salary
(AmbitionBox Estimate)
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₹1.5 L/yr - ₹2 L/yr
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₹2 L/yr - ₹10.3 L/yr
Business Sales Manager Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
Senior Business Sales Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Top skills at Kotak Mahindara Life Insurance for Bancassurance Relationship Manager

banca sales Life Insurance Bancassurance Sales banca Direct Sales Relationship Management Cross Selling Telesales Insurance Sales Cross Sales Agency Sales

Salary related reviews for Kotak Mahindara Life Insurance

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

Dislikes

... Company gives me 2.5% hike in appraisal after achieving a 70% of YTD Target.... Appraisal and salary hike processes at Kotak Life Insurance are deeply disappointing. Despite dedicated efforts and meeting performance targets, the appraisal system feels arbitrary and lacks transparency. Promises of career growth and salary increments are often unfulfilled, leaving employees demotivated and undervalued. There’s a noticeable disparity between the workload expectations and the compensation provided, which doesn’t align with industry standards. This undermines morale and loyalty among employees, impacting overall productivity and retention. Clearer and fairer appraisal policies are urgently needed to retain talent and boost employee satisfaction."

read more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 04 Jan 2025

3.0
 for  Salary and Benefits

Likes

Only job security

Dislikes

Work environment was not at all good hr and manager gives false commitment they ask to come on Sunday without pay 7 days a week and daily extend shift without any OT or something no positive environment they treat us like machine

read more

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..

Alternate Sales Department

2.0
  •  posted on 13 Apr 2022

2.0
 for  Salary and Benefits

Likes

Kotak Mahindra Bank branches alloted were doing good business

Dislikes

1st salary badly delayed, but was personally sorted by HR. No support even in case of family emergency and hence had to resign having no choice

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BFSI, Investments & Trading Department

4.0
  •  posted on 16 Jun 2020

2.0
 for  Salary and Benefits

Likes

...fe.Team mates are supportive. This is the second appraisal but mine is not done. Till now no salary hike which demotivate employee .work culture is good.

read more

Dislikes

Politics.low or no salary hike. Appraise are not done fairly. No defined timing to work.

read more
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Kotak Mahindara Life Insurance Bancassurance Relationship Manager Salary FAQs

What is the salary of Bancassurance Relationship Manager at Kotak Mahindara Life Insurance?
Bancassurance Relationship Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹3.0 Lakhs to ₹5.0 Lakhs for experience between 2 years to 4 years. According to our estimates it is 7% more than the average Bancassurance Relationship Manager 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 Bancassurance Relationship Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Bancassurance Relationship Manager at Kotak Mahindara Life Insurance is 7% more than the average salary of a Bancassurance Relationship Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Bancassurance Relationship Manager at Kotak Mahindara Life Insurance?
banca sales, Life Insurance, Bancassurance, Sales and banca are some of the popular skills required to work as a Bancassurance Relationship Manager at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Bancassurance Relationship Manager in India?
  • Tata AIA Life Insurance Bancassurance Relationship Manager Salary - ₹3.5 Lakhs to ₹5.7 Lakhs per year
  • HDFC Life Bancassurance Relationship Manager Salary - ₹2.8 Lakhs to ₹5.5 Lakhs per year
  • Max Life Insurance Bancassurance Relationship Manager Salary - ₹3.3 Lakhs to ₹5.5 Lakhs per year
  • SBI General Insurance Bancassurance Relationship Manager Salary - ₹2.4 Lakhs to ₹6.3 Lakhs per year
What is the salary of a Bancassurance Relationship Manager in companies similar to Kotak Mahindara Life Insurance in India?
  • PNB MetLife Bancassurance Relationship Manager Salary - ₹3.2 Lakhs to ₹4.5 Lakhs per year
  • ICICI Prudential Life Insurance Bancassurance Relationship Manager Salary - ₹3.3 Lakhs to ₹3.6 Lakhs per year
  • Star Health & Allied Insurance Bancassurance Relationship Manager Salary - ₹2.8 Lakhs to ₹3.7 Lakhs per year
  • Bajaj Allianz Life Insurance Bancassurance Relationship Manager Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year
  • Care Health Insurance Bancassurance Relationship Manager Salary - ₹2.3 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Bancassurance Relationship Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Bancassurance Relationship Manager at Kotak Mahindara Life Insurance ranges between ₹27,563 per month to ₹28,963 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Bancassurance Relationship Manager salary in India which ranges between ₹3.0 Lakhs to ₹5.0 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?
What is the notice period for Bancassurance Relationship Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 50% of the Kotak Mahindara Life Insurance Bancassurance Relationship Managers reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Bancassurance Relationship Manager salary in India ranges between ₹3 Lakhs to ₹5 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.