Kotak Mahindara Life Insurance Banking Executive Salaries by 3 Employees (Updated 2025)

1 - 5 years exp.

₹0.5 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

41% less than the average Banking Executive Salary in Insurance Companies for 1 - 5 years of experience

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Last Updated: 5 Jan 2025

Companies similar to Kotak Mahindara Life Insurance for Banking Executive

Company name	Avg Annual Salary	Open Jobs
HDFC Life Banking Executive Salary 0 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹4.2 L/yr 53% more
Bajaj Allianz Life Insurance Banking Executive Salary 2 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹5 L/yr 133% more
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Aditya Birla Sun Life Insurance Banking Executive Salary 0 - 4 years exp. (4 salaries)	₹2.7 L/yr - ₹4.5 L/yr 81% more
Tata AIA Life Insurance Banking Executive Salary 2 - 7 years exp. (4 salaries)	₹2.6 L/yr - ₹5.9 L/yr 119% more
HDFC Ergo General Insurance Banking Executive Salary 1 - 5 years exp. (5 salaries)	₹2 L/yr - ₹4 L/yr 83% more
SBI General Insurance Banking Executive Salary 1 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr 121% more
ICICI Lombard General Insurance Company Banking Executive Salary 0 - 5 years exp. (3 salaries)	₹1.3 L/yr - ₹3 L/yr 26% more
Star Health & Allied Insurance Banking Executive Salary 1 - 4 years exp. (3 salaries)	₹2.2 L/yr - ₹2.8 L/yr 42% more

Banking Executive salary at Kotak Mahindara Life Insurance ranges between ₹0.5 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Banking Executive salaries

Last Updated: 5 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.5 L/yr - ₹0.6 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr

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Salary related reviews for Kotak Mahindara Life Insurance

Deputy Manager in Mumbai

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

Skill development - Poor

+4 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..

Dislikes

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

Salary - Bad

+6 more

Deputy Manager in Thane

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

Salary - Poor

+5 more

Management Trainee in Chhatisgarh

Full Time

Marketing & Communication Department

4.0

• posted on 08 May 2021

4.0

for Salary and Benefits

Likes

It is all about leadership. If you are good in recruitment then you will more success and financial compensation also.

Salary - Good

+6 more

Dislikes

Senior managers are not available all times so you handle alone and spoil resource coz lack of knowledge and experiences

Deputy Manager in Mumbai

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.

Skill development - Good

+1 more

Dislikes

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

Salary - Poor

+1 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Kotak Mahindara Life Insurance Banking Executive Salary FAQs

What is the notice period for Banking Executive at Kotak Mahindara Life Insurance?

According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Banking Executives reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Banking Executive Salaries

Kotak Mahindara Life Insurance Banking Executive salary in India ranges between ₹0.5 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.