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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Banking Officer salaries in India

Annual salary range
0 - 1 year exp.
₹0.4 Lakh - ₹8 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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23% less than the average Banking Officer Salary in Insurance Companies for 0 - 1 year of experience

Interested in this particular role?

Last Updated: 28 Sep 2024

Companies similar to Kotak Mahindara Life Insurance for Banking Officer

Company name Avg Annual Salary Open Jobs
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₹2.7 L/yr - ₹3.6 L/yr

arrow icon 4% more
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HDFC Life Banking Officer Salary

1 - 6 years exp. (5 salaries)

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₹3.3 L/yr - ₹4.5 L/yr

arrow icon 15% more
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₹1 L/yr - ₹7.1 L/yr

arrow icon 9% more
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Max Life Insurance Banking Officer Salary

1 - 6 years exp. (4 salaries)

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₹2.4 L/yr - ₹3.3 L/yr

arrow icon 4% more
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₹2.3 L/yr - ₹3.3 L/yr

arrow icon 6% less
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₹2.4 L/yr - ₹2.6 L/yr

arrow icon 21% less
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₹2.6 L/yr - ₹4.5 L/yr

arrow icon 3% more
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₹2.9 L/yr - ₹5 L/yr

arrow icon 30% more
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₹1.9 L/yr - ₹4.5 L/yr

arrow icon 2% less
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SBI General Insurance Banking Officer Salary

1 - 2 years exp. (4 salaries)

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₹1.4 L/yr - ₹3.1 L/yr

arrow icon 16% less
Banking Officer salary at Kotak Mahindara Life Insurance ranges between ₹0.4 Lakh to ₹8 Lakhs per year for employees with less than 1 year of experience. 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 Banking Officer

2mo ago
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1 year exp.
1y ago
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6 months exp.
1y ago
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6 months exp.

Experience wise Kotak Mahindara Life Insurance Banking Officer salaries

Last Updated: 28 Sep 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹1.8 L/yr - ₹8 L/yr
1 year (AmbitionBox Estimate)

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₹0.4 L/yr - ₹0.5 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Accounts Officer Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
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₹1 L/yr - ₹6.68 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
Deputy Manager Salary
(938 salaries)
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₹2 L/yr - ₹5.69 L/yr
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₹2.8 L/yr - ₹3.51 L/yr
Financial Analyst Salary
(AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr
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₹2.5 L/yr - ₹3 L/yr
Accountant Salary
(4 salaries)
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₹1.44 L/yr - ₹5.15 L/yr
Analyst Salary
(4 salaries)
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₹2.6 L/yr - ₹15.8 L/yr
Team Lead Salary
(42 salaries)
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₹1.2 L/yr - ₹6.23 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

4.7

Rated by 4 employees for salary & benefits

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

read more

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.

read more

Dislikes

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

read more

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.

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Dislikes

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

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Aug 2024

2.0
 for  Salary and Benefits

Likes

Kotak Life learning with colleagues and seniors, helpful people. New innovations happening in business and product teams.

read more

Dislikes

Human Resources and employees understanding. Human resource donot do anything for employees just gives threat on every occasion to employees for salary hold. New generation should not join this company as ther are better HR polices elsewhere Some department like IT areas slow,no future thought processes. As HR polices are so bad that even your managers and head of department are weak and toothless for any new initiatives

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Kotak Mahindara Life Insurance Banking Officer Salary FAQs

What is the salary of Banking Officer at Kotak Mahindara Life Insurance?
Banking Officer salary at Kotak Mahindara Life Insurance in India ranges between ₹0.4 Lakhs to ₹8.0 Lakhs for less than 1 year of experience. According to our estimates it is 23% less than the average Banking Officer 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 Banking Officer at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Banking Officer at Kotak Mahindara Life Insurance is 23% less than the average salary of a Banking Officer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Banking Officer in India?
  • Life Insurance Corporation of India Banking Officer Salary - ₹2.9 Lakhs to ₹5.0 Lakhs per year
  • HDFC Life Banking Officer Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year
  • SBI Life Insurance Company Banking Officer Salary - ₹1.0 Lakhs to ₹7.1 Lakhs per year
  • Max Life Insurance Banking Officer Salary - ₹2.4 Lakhs to ₹3.3 Lakhs per year
  • ICICI Prudential Life Insurance Banking Officer Salary - ₹2.7 Lakhs to ₹3.6 Lakhs per year
What is the salary of a Banking Officer in companies similar to Kotak Mahindara Life Insurance in India?
  • Tata AIA Life Insurance Banking Officer Salary - ₹2.6 Lakhs to ₹4.5 Lakhs per year
  • ICICI Lombard General Insurance Company Banking Officer Salary - ₹1.9 Lakhs to ₹4.5 Lakhs per year
  • Bajaj Allianz Life Insurance Banking Officer Salary - ₹2.3 Lakhs to ₹3.3 Lakhs per year
  • SBI General Insurance Banking Officer Salary - ₹1.4 Lakhs to ₹3.1 Lakhs per year
  • Reliance Nippon Life Insurance Banking Officer Salary - ₹2.4 Lakhs to ₹2.6 Lakhs per year
What is the estimated take home salary of a Banking Officer at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Banking Officer at Kotak Mahindara Life Insurance ranges between ₹21,900 per month to ₹23,385 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Banking Officer salary in India which ranges between ₹0.4 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?
What is the notice period for Banking Officer at Kotak Mahindara Life Insurance?
According to AmbitionBox, 50% of the Kotak Mahindara Life Insurance Banking Officers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Banking Officer salary in India ranges between ₹0.4 Lakh to ₹8 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.