Upload Button Icon Add office photos
Engaged Employer

i

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
3.8

based on 2.6k Reviews

filter salariesFilter salaries by

Kotak Mahindara Life Insurance BDM salaries in India

Annual salary range
0 - 17 years exp.
₹4.5 Lakhs - ₹8.8 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

34% more than the average BDM Salary in Insurance Companies for 0 - 17 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
BDM Salary
16 - 17 years exp. (AmbitionBox Estimate)
unlock-blur

₹6.4 L/yr - ₹8.8 L/yr

Procurement & Supply Chain
BDM Salary
0 - 2 years exp. (AmbitionBox Estimate)
unlock-blur

₹4.5 L/yr - ₹7.6 L/yr

Last Updated: 31 Oct 2024

Companies similar to Kotak Mahindara Life Insurance for BDM

Company name Avg Annual Salary Open Jobs
Logo
ICICI Prudential Life Insurance BDM Salary

1 - 3 years exp. (3 salaries)

unlock blur

₹3 L/yr - ₹3.5 L/yr

arrow icon 57% less
Logo
HDFC Life BDM Salary

0 - 9 years exp. (192 salaries)

unlock blur

₹2 L/yr - ₹4.5 L/yr

arrow icon 52% less
Logo
SBI Life Insurance Company BDM Salary

2 - 10 years exp. (53 salaries)

unlock blur

₹1.9 L/yr - ₹6.5 L/yr

arrow icon 34% less
Logo
Max Life Insurance BDM Salary

1 - 12 years exp. (6 salaries)

unlock blur

₹3.2 L/yr - ₹7.2 L/yr

arrow icon 26% less
Logo
Bajaj Allianz Life Insurance BDM Salary

1 - 13 years exp. (28 salaries)

unlock blur

₹3 L/yr - ₹5.2 L/yr

arrow icon 40% less
Logo
Reliance Nippon Life Insurance BDM Salary

3 - 9 years exp. (5 salaries)

unlock blur

₹3.2 L/yr - ₹4.5 L/yr

arrow icon 45% less
Logo
Tata AIA Life Insurance BDM Salary

3 - 11 years exp. (5 salaries)

unlock blur

₹2.8 L/yr - ₹3.3 L/yr

arrow icon 57% less
unlock blur

₹1.8 L/yr - ₹3.5 L/yr

arrow icon 61% less
Logo
Care Health Insurance BDM Salary

4 - 15 years exp. (6 salaries)

unlock blur

₹5.5 L/yr - ₹12.5 L/yr

arrow icon 30% more
Logo
Shriram Life Insurance BDM Salary

3 - 4 years exp. (AmbitionBox Estimate)

unlock blur

₹2.4 L/yr - ₹3.5 L/yr

arrow icon 60% less
unlock blur

₹1.9 L/yr - ₹6.6 L/yr

arrow icon 48% less
BDM salary at Kotak Mahindara Life Insurance ranges between ₹4.5 Lakhs to ₹8.8 Lakhs per year for employees with less than 1 year of experience to 17 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 BDM

1mo ago
avg blur mobile
17 years exp.
8mo ago
avg blur mobile
16 years exp.
1y ago
avg blur mobile
5 months exp.
1y ago
avg blur mobile
2 years exp.

Experience wise Kotak Mahindara Life Insurance BDM salaries

Last Updated: 31 Oct 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

unlock blur

₹4.5 L/yr - ₹10.9 L/yr
1 year (AmbitionBox Estimate)

unlock blur

₹5.6 L/yr - ₹7.1 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹4.5 L/yr - ₹11.3 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹5.7 L/yr - ₹7.3 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹5.8 L/yr - ₹7.4 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary
(856 salaries)
unlock blur
₹2 L/yr - ₹5.69 L/yr
Chief Manager Salary
(431 salaries)
unlock blur
₹5.1 L/yr - ₹19 L/yr
unlock blur
₹1 L/yr - ₹8.55 L/yr
unlock blur
₹6.5 L/yr - ₹27.6 L/yr
Managing Partner Salary
(118 salaries)
unlock blur
₹2.5 L/yr - ₹6.75 L/yr
unlock blur
₹3.6 L/yr - ₹6.5 L/yr
Agency Partner Salary
(81 salaries)
unlock blur
₹1 L/yr - ₹7.95 L/yr
Life Advisor Salary
(78 salaries)
unlock blur
₹1 L/yr - ₹6.09 L/yr
unlock blur
₹3 L/yr - ₹5 L/yr
unlock blur
₹2.45 L/yr - ₹3.9 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

5.0

Rated by 2 employees for salary & benefits

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

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 14 May 2024

1.0
 for  Salary and Benefits

Likes

Job Security

Dislikes

Top Most Management in this company is worst; decision-making skills are very low Salary packages are very low for junior profiles but there work load is huge as compared with there senior profiles. Zero salary hikes and annual bonuses also depend on your boss; if he wants to give you 100,000, you will get it; if he wants to give you 10,000, that is your bonus. Huge package difference between senior boss and junior employees (ex., senior . Sr. boss package is above 30 Lacs but junior package is below 5 Lacs), Very little appreciation employees

read more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 04 Apr 2024

3.0
 for  Salary and Benefits

Likes

Work life balance is okay. Good place to work in. Maximum professionally qualified employees.

Dislikes

No Employee benefits. Salary lower than industry standards. No comp off. Politics (common in every organisation) No work from home.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 27 Jul 2023

5.0
 for  Salary and Benefits

Likes

HR support is very good.. Salary amd Incentive payout

Dislikes

Kotak is big brand to work but few of the Senior Managers made the work culture worst just for their benefits... They doesn't have feelings about the pain of employees.

read more

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
see more salary related reviews

Discover interview dos and don'ts from real experiences

Kotak Mahindara Life Insurance BDM Salary FAQs

What is the salary of BDM at Kotak Mahindara Life Insurance?
BDM salary at Kotak Mahindara Life Insurance in India ranges between ₹4.5 Lakhs to ₹8.8 Lakhs for less than 1 year of experience to 17 years. According to our estimates it is 34% more than the average BDM 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 BDM at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a BDM at Kotak Mahindara Life Insurance is 34% more than the average salary of a BDM in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a BDM in India?
  • Care Health Insurance BDM Salary - ₹5.5 Lakhs to ₹12.5 Lakhs per year
What is the salary of a BDM in companies similar to Kotak Mahindara Life Insurance in India?
  • Max Life Insurance BDM Salary - ₹3.2 Lakhs to ₹7.2 Lakhs per year
  • SBI Life Insurance Company BDM Salary - ₹1.9 Lakhs to ₹6.5 Lakhs per year
  • Bajaj Allianz Life Insurance BDM Salary - ₹3.0 Lakhs to ₹5.2 Lakhs per year
  • Reliance Nippon Life Insurance BDM Salary - ₹3.2 Lakhs to ₹4.5 Lakhs per year
  • ICICI Lombard General Insurance Company BDM Salary - ₹1.9 Lakhs to ₹6.6 Lakhs per year
What is the estimated take home salary of a BDM at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a BDM at Kotak Mahindara Life Insurance ranges between ₹53,184 per month to ₹54,508 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance BDM salary in India which ranges between ₹4.5 Lakhs to ₹8.8 Lakhs per year for employees with less than 1 year of experience to 17 years. Check how did we calculate take home salary?
What is the notice period for BDM at Kotak Mahindara Life Insurance?
According to AmbitionBox, 60% of the Kotak Mahindara Life Insurance BDMs reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance BDM salary in India ranges between ₹4.5 Lakhs to ₹8.8 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.