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Kotak Mahindara Life Insurance Branch Head salaries in India

Annual salary range
6 - 22 years exp.
₹8.5 Lakhs - ₹14 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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At par with the average Branch Head Salary in Insurance Companies for 6 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Head Salary
6 - 22 years exp. (6 salaries)
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₹8.5 L/yr - ₹14 L/yr

Sales & Business Development
Branch Head Salary
16 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹11 L/yr

Last Updated: 30 Dec 2024

Companies similar to Kotak Mahindara Life Insurance for Branch Head

Company name Avg Annual Salary Open Jobs
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₹5.6 L/yr - ₹15.5 L/yr

arrow icon 5% more
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HDFC Life Branch Head Salary

6 - 17 years exp. (151 salaries)

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₹5.6 L/yr - ₹12 L/yr

arrow icon 11% less
2 job openings
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SBI Life Insurance Company Branch Head Salary

10 - 20 years exp. (26 salaries)

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₹6 L/yr - ₹15 L/yr

arrow icon 2% less
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Max Life Insurance Branch Head Salary

8 - 20 years exp. (27 salaries)

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₹9 L/yr - ₹17 L/yr

arrow icon 20% more
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Bajaj Allianz Life Insurance Branch Head Salary

8 - 17 years exp. (30 salaries)

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₹6.6 L/yr - ₹13 L/yr

arrow icon 17% less
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₹6 L/yr - ₹12 L/yr

arrow icon 19% less
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₹8 L/yr - ₹17 L/yr

arrow icon 18% more
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Tata AIA Life Insurance Branch Head Salary

9 - 23 years exp. (32 salaries)

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₹8.3 L/yr - ₹16.1 L/yr

arrow icon 15% more
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PNB MetLife Branch Head Salary

17 - 21 years exp. (4 salaries)

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₹9.5 L/yr - ₹12.5 L/yr

arrow icon 8% more
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₹8 L/yr - ₹23.9 L/yr

arrow icon 39% more
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Shriram Life Insurance Branch Head Salary

7 - 13 years exp. (17 salaries)

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₹4.5 L/yr - ₹7.7 L/yr

arrow icon 44% less
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₹8 L/yr - ₹9 L/yr

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₹6.5 L/yr - ₹10.8 L/yr

arrow icon 30% less
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HDFC Ergo General Insurance Branch Head Salary

10 - 16 years exp. (8 salaries)

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₹6.3 L/yr - ₹11.8 L/yr

arrow icon 10% less
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SBI General Insurance Branch Head Salary

10 - 19 years exp. (4 salaries)

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₹10.2 L/yr - ₹22.5 L/yr

arrow icon 53% more
Branch Head salary at Kotak Mahindara Life Insurance ranges between ₹8.5 Lakhs to ₹14 Lakhs per year for employees with experience between 6 years to 22 years. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Branch Head

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7 years exp.
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9 years exp.
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20 years exp.
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16 years exp.
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6 years exp.
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17 years exp.
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12 years exp.

Experience wise Kotak Mahindara Life Insurance Branch Head salaries

Last Updated: 30 Dec 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹17.3 L/yr
7 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹17.5 L/yr
8 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹11.3 L/yr
9 years (AmbitionBox Estimate)

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₹4 L/yr - ₹10 L/yr
10 years (AmbitionBox Estimate)

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₹9.1 L/yr - ₹11.6 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Area Head Salary
(AmbitionBox Estimate)
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₹9.8 L/yr - ₹12.5 L/yr
Branch Manager Salary
(200 salaries)
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₹4.5 L/yr - ₹13 L/yr
Branch Incharge Salary
(AmbitionBox Estimate)
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₹9.4 L/yr - ₹12 L/yr
Cluster Head Salary
(9 salaries)
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₹5.2 L/yr - ₹21.75 L/yr
Accountant Salary
(4 salaries)
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₹1.44 L/yr - ₹5.15 L/yr
Area Manager Salary
(26 salaries)
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₹5.7 L/yr - ₹17.9 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr
Sales Manager Salary
(544 salaries)
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₹2 L/yr - ₹6.28 L/yr
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₹3 L/yr - ₹7 L/yr
Sales Officer Salary
(8 salaries)
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₹1.5 L/yr - ₹4 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

3.9

Rated by 2 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

  • Company culture - Good

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
  • Salary - Bad
  • +2 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
  • Job security - Excellent
  • +2 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
  • Salary - Poor
  • +1 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
  • Skill development - Poor
  • +4 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.

  • Job security - Good
  • +1 more

Dislikes

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

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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

  • Salary - Excellent
  • +2 more

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
  • Work satisfaction - Bad
  • +1 more
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Kotak Mahindara Life Insurance Branch Head Salary FAQs

What is the salary of Branch Head at Kotak Mahindara Life Insurance?
Branch Head salary at Kotak Mahindara Life Insurance in India ranges between ₹8.5 Lakhs to ₹14.0 Lakhs for experience between 6 years to 22 years. According to our estimates it is 1% less than the average Branch Head Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Branch Head at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Branch Head at Kotak Mahindara Life Insurance is 1% less than the average salary of a 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 Branch Head in India?
  • SBI General Insurance Branch Head Salary - ₹10.2 Lakhs to ₹22.5 Lakhs per year
  • Life Insurance Corporation of India Branch Head Salary - ₹8.0 Lakhs to ₹23.9 Lakhs per year
  • Max Life Insurance Branch Head Salary - ₹9.0 Lakhs to ₹17.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Branch Head Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year
  • Tata AIA Life Insurance Branch Head Salary - ₹8.3 Lakhs to ₹16.1 Lakhs per year
What is the salary of a Branch Head in companies similar to Kotak Mahindara Life Insurance in India?
  • PNB MetLife Branch Head Salary - ₹9.5 Lakhs to ₹12.5 Lakhs per year
  • ICICI Prudential Life Insurance Branch Head Salary - ₹5.6 Lakhs to ₹15.5 Lakhs per year
  • SBI Life Insurance Company Branch Head Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year
  • HDFC Ergo General Insurance Branch Head Salary - ₹6.3 Lakhs to ₹11.8 Lakhs per year
  • HDFC Life Branch Head Salary - ₹5.6 Lakhs to ₹12.0 Lakhs per year
What is the estimated take home salary of a Branch Head at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Branch Head at Kotak Mahindara Life Insurance ranges between ₹75,657 per month to ₹77,616 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Branch Head salary in India which ranges between ₹8.5 Lakhs to ₹14.0 Lakhs per year for employees with experience between 6 years to 22 years. Check how did we calculate take home salary?
What is the notice period for Branch Head at Kotak Mahindara Life Insurance?
According to AmbitionBox, 38% of the Kotak Mahindara Life Insurance Branch Heads reported a notice period of 1 Month, 25% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Branch Head salary in India ranges between ₹8.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.