Monthly In-hand Salary
At par with the average Branch Manager Salary in Insurance Companies for 3 - 18 years of experience
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Salaries in different departments
Sales & Business Development
Branch Manager Salary
5 - 18
years
exp.
(81
salaries)
|  ₹5.5 L/yr - ₹13.5 L/yr |
BFSI, Investments & Trading
Branch Manager Salary
3 - 17
years
exp.
(77
salaries)
| ₹5 L/yr - ₹12.3 L/yr |
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| |
Marketing & Communication
Branch Manager Salary
3 - 12
years
exp.
(14
salaries)
| ₹6 L/yr - ₹12.1 L/yr |
Companies similar to Kotak Mahindara Life Insurance for Branch Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Branch Manager Salary
3 - 18 years exp. (421 salaries) | ₹6.5 L/yr - ₹18.8 L/yr 
31%
more | |
 HDFC Life Branch Manager Salary
6 - 18 years exp. (259 salaries) | ₹5.3 L/yr - ₹12.5 L/yr
1%
more | |
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| ||
 Star Health & Allied Insurance Branch Manager Salary
7 - 18 years exp. (112 salaries) | ₹4 L/yr - ₹11.7 L/yr 
14%
less | |
 ICICI Lombard General Insurance Company Branch Manager Salary
5 - 17 years exp. (213 salaries) | ₹5 L/yr - ₹13 L/yr
3%
less | 4 job openings |
 HDFC Ergo General Insurance Branch Manager Salary
9 - 18 years exp. (190 salaries) | ₹4.7 L/yr - ₹14.5 L/yr
2%
less | |
 Reliance Nippon Life Insurance Branch Manager Salary
7 - 19 years exp. (200 salaries) | ₹3.8 L/yr - ₹10 L/yr
20%
less | |
 SBI Life Insurance Company Branch Manager Salary
7 - 24 years exp. (171 salaries) | ₹6.5 L/yr - ₹15.7 L/yr
16%
more | |
 Tata AIA Life Insurance Branch Manager Salary
6 - 20 years exp. (193 salaries) | ₹5 L/yr - ₹17.7 L/yr
33%
more | 13 job openings |
 Axis Max Life Insurance Branch Manager Salary
8 - 19 years exp. (139 salaries) | ₹7 L/yr - ₹14 L/yr
10%
more | 1 job opening |
 Bajaj Allianz Life Insurance Branch Manager Salary
7 - 18 years exp. (126 salaries) | ₹4.5 L/yr - ₹12.9 L/yr
11%
less | 17 job openings |
 Aditya Birla Sun Life Insurance Branch Manager Salary
5 - 17 years exp. (145 salaries) | ₹4.5 L/yr - ₹11.5 L/yr
3%
less | |
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| ||
 Shriram Life Insurance Branch Manager Salary
6 - 16 years exp. (83 salaries) | ₹2.2 L/yr - ₹9.5 L/yr
34%
less | 2 job openings |
 The New India Assurance Co. Branch Manager Salary
5 - 10 years exp. (10 salaries) | ₹10 L/yr - ₹18.5 L/yr
71%
more | |
 United India Insurance Company Branch Manager Salary
4 - 10 years exp. (7 salaries) | ₹9 L/yr - ₹20 L/yr
69%
more | |
 Kotak Mahindra General Insurance Branch Manager Salary
4 - 18 years exp. (6 salaries) | ₹5.9 L/yr - ₹8.6 L/yr
22%
less | |
 The Oriental Insurance Co. Branch Manager Salary
9 - 30 years exp. (4 salaries) | ₹11.2 L/yr - ₹12.9 L/yr
39%
more | |
 Spectrum Insurance Distribution Branch Manager Salary
10 - 15 years exp. (4 salaries) | ₹3.5 L/yr - ₹5.3 L/yr
54%
less | |
Latest annual salaries shared by Kotak Mahindara Life Insurance Branch Manager
Experience wise Kotak Mahindara Life Insurance Branch Manager salaries
Last Updated: 4 Apr 2025
| Experience | Avg Annual Salary |
|---|---|
| 3 years (3 salaries) |
₹7.2
L/yr
- ₹8.5
L/yr
|
| 4 years (5 salaries) |
₹6
L/yr
- ₹9
L/yr
|
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| |
| 5 years (13 salaries) |
₹5.3
L/yr
- ₹9.5
L/yr
|
| 6 years (12 salaries) |
₹6
L/yr
- ₹10
L/yr
|
| 7 years (12 salaries) |
₹5
L/yr
- ₹15.9
L/yr
|
Similar Designation salaries in Kotak Mahindara Life Insurance
Top skills at Kotak Mahindara Life Insurance for Branch Manager
Salary related reviews for Kotak Mahindara Life Insurance
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Top trending discussions
Kotak Mahindara Life Insurance Branch Manager Salary FAQs
The top 10% of Branch Manager at Kotak Mahindara Life Insurance earn more than ₹10.8 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Branch Manager Salaries at Kotak Mahindara Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 200+ Kotak Mahindara Life Insurance employees in India.
- - Life Insurance
- - Team Handling
- - Branch Management
- - Sales
- - Tied Channel
These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.
| The New India Assurance Co. | ₹10.0 Lakhs to ₹18.5 Lakhs per year |
| United India Insurance Company | ₹9.0 Lakhs to ₹20.0 Lakhs per year |
| The Oriental Insurance Co. | ₹11.2 Lakhs to ₹12.9 Lakhs per year |
| Tata AIA Life Insurance | ₹5.0 Lakhs to ₹17.7 Lakhs per year |
| ICICI Prudential Life Insurance | ₹6.5 Lakhs to ₹18.8 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.
| SBI Life Insurance Company | ₹6.5 Lakhs to ₹15.7 Lakhs per year |
| Axis Max Life Insurance | ₹7.0 Lakhs to ₹14.0 Lakhs per year |
| HDFC Life | ₹5.3 Lakhs to ₹12.5 Lakhs per year |
| HDFC Ergo General Insurance | ₹4.7 Lakhs to ₹14.5 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹5.0 Lakhs to ₹13.0 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Experience | Average Salary Range |
|---|---|
| 3 years | ₹7.2 Lakhs to ₹8.5 Lakhs per year |
| 4 years | ₹6.0 Lakhs to ₹9.0 Lakhs per year |
| 5 years | ₹5.3 Lakhs to ₹9.5 Lakhs per year |
| 6 years | ₹6.0 Lakhs to ₹10.0 Lakhs per year |
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Kotak Mahindara Life Insurance Branch Manager Salaries by Location
- Kotak Mahindara Life Insurance Branch Manager salaries in Bangalore / Bengaluru
- Kotak Mahindara Life Insurance Branch Manager salaries in Mumbai
- Kotak Mahindara Life Insurance Branch Manager salaries in Kolkata
- Kotak Mahindara Life Insurance Branch Manager salaries in New Delhi
- Kotak Mahindara Life Insurance Branch Manager salaries in Chennai
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Kotak Mahindara Life Insurance Branch Manager salary
in
India
ranges between ₹5
Lakhs to ₹13.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
204
Kotak Mahindara Life Insurance latest salaries received from various employees of
Kotak Mahindara Life Insurance.