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Annual salary range
3 - 17 years exp.
₹5
Lakhs - ₹13
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salaryAt par with the average Branch Manager Salary in Insurance Companies for 3 - 17 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Branch Manager Salary
3 - 17
years
exp.
(84
salaries)
|  ₹5 L/yr - ₹13 L/yr |
Sales & Business Development
Branch Manager Salary
4 - 17
years
exp.
(75
salaries)
| ₹5.1 L/yr - ₹13 L/yr |
Login to view exact salary
| |
Marketing & Communication
Branch Manager Salary
3 - 12
years
exp.
(13
salaries)
| ₹6 L/yr - ₹9 L/yr |
Companies similar to Kotak Mahindara Life Insurance for Branch Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Branch Manager Salary
6 - 17 years exp. (275 salaries) | ₹5.3 L/yr - ₹12.5 L/yr 
1%
more | |
 ICICI Prudential Life Insurance Branch Manager Salary
6 - 18 years exp. (307 salaries) | ₹6.3 L/yr - ₹18 L/yr
38%
more | |
Login to view exact salary
| ||
 SBI Life Insurance Company Branch Manager Salary
7 - 19 years exp. (159 salaries) | ₹6.5 L/yr - ₹15.7 L/yr
15%
more | |
 Max Life Insurance Branch Manager Salary
6 - 17 years exp. (134 salaries) | ₹7 L/yr - ₹14 L/yr
15%
more | 1 job opening |
 Bajaj Allianz Life Insurance Branch Manager Salary
7 - 18 years exp. (127 salaries) | ₹4.5 L/yr - ₹12.9 L/yr 
8%
less | |
 Tata AIA Life Insurance Branch Manager Salary
9 - 20 years exp. (156 salaries) | ₹5 L/yr - ₹16.2 L/yr
33%
more | 21 job openings |
 Reliance Nippon Life Insurance Branch Manager Salary
8 - 20 years exp. (191 salaries) | ₹3.8 L/yr - ₹10 L/yr
15%
less | 1 job opening |
 Aditya Birla Sun Life Insurance Branch Manager Salary
5 - 16 years exp. (138 salaries) | ₹4.5 L/yr - ₹13 L/yr At par | |
 Life Insurance Corporation of India Branch Manager Salary
3 - 31 years exp. (19 salaries) | ₹12.3 L/yr - ₹28 L/yr
73%
more | |
 Star Health & Allied Insurance Branch Manager Salary
6 - 17 years exp. (130 salaries) | ₹4 L/yr - ₹12 L/yr
13%
less | |
 ICICI Lombard General Insurance Company Branch Manager Salary
5 - 18 years exp. (209 salaries) | ₹4.5 L/yr - ₹13 L/yr At par | 7 job openings |
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| ||
 HDFC Ergo General Insurance Branch Manager Salary
8 - 18 years exp. (201 salaries) | ₹4.7 L/yr - ₹13.7 L/yr At par | |
 Care Health Insurance Branch Manager Salary
5 - 17 years exp. (284 salaries) | ₹4 L/yr - ₹8.5 L/yr
39%
less | 1 job opening |
 Shriram Life Insurance Branch Manager Salary
5 - 14 years exp. (71 salaries) | ₹3 L/yr - ₹10 L/yr
37%
less | 1 job opening |
 PNB MetLife Branch Manager Salary
8 - 20 years exp. (47 salaries) | ₹6.6 L/yr - ₹13.2 L/yr
9%
more | 1 job opening |
 The New India Assurance Co. Branch Manager Salary
5 - 10 years exp. (12 salaries) | ₹8 L/yr - ₹18.5 L/yr
69%
more | |
 SBI General Insurance Branch Manager Salary
7 - 12 years exp. (7 salaries) | ₹6.5 L/yr - ₹10.5 L/yr
13%
less | |
 United India Insurance Company Branch Manager Salary
4 - 10 years exp. (7 salaries) | ₹9 L/yr - ₹20 L/yr
71%
more | |
 Kotak Mahindra General Insurance Branch Manager Salary
7 - 15 years exp. (6 salaries) | ₹6.5 L/yr - ₹8.3 L/yr
20%
less | |
 The Oriental Insurance Co. Branch Manager Salary
9 - 30 years exp. (4 salaries) | ₹11.2 L/yr - ₹12.9 L/yr
43%
more | |
Branch Manager salary at Kotak Mahindara Life Insurance ranges between ₹5
Lakhs
to ₹13
Lakhs
per year for employees with experience between 3 years to 17 years. Salary
estimates are based on
199 latest salaries received
from various employees of Kotak Mahindara Life Insurance.
Latest annual salaries shared by Kotak Mahindara Life Insurance Branch Manager
1w ago
7
years
exp.
1w ago
8
years
exp.
2w ago
10
years
exp.
3w ago
5
years
exp.
3w ago
13
years
exp.
1mo ago
13
years
exp.
1mo ago
9
years
exp.
1mo ago
8
years
exp.
1mo ago
11
years
exp.
2mo ago
9
years
exp.
Experience wise Kotak Mahindara Life Insurance Branch Manager salaries
Last Updated: 7 Jan 2025
| Experience | Avg Annual Salary |
|---|---|
| 3 years (3 salaries) |
₹7.2
L/yr
- ₹8.5
L/yr
|
| 4 years (7 salaries) |
₹5.1
L/yr
- ₹9
L/yr
|
Login to view exact salary
| |
| 5 years (12 salaries) |
₹5.3
L/yr
- ₹9.5
L/yr
|
| 6 years (13 salaries) |
₹5
L/yr
- ₹10
L/yr
|
| 7 years (13 salaries) |
₹5
L/yr
- ₹8.8
L/yr
|
View all
Similar Designation salaries in Kotak Mahindara Life Insurance
Top skills at Kotak Mahindara Life Insurance for Branch Manager
Life Insurance
Team Handling
Branch Management
Sales
Tied Channel
Communication Skills
Leadership Skills
Agency Channel
Insurance
Agency Sales
Team Development
Health Insurance
Team Management
Sales Management
Team Leading
Salary related reviews for Kotak Mahindara Life Insurance
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Top trending discussions
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Salary Discussions, Hike & Promotions
2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Kotak Mahindara Life Insurance Branch Manager Salary FAQs
What is the salary of Branch Manager at Kotak Mahindara Life Insurance?
Branch Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹5.0 Lakhs to ₹13.0 Lakhs for experience between 3 years to 17 years. According to our estimates it is 1% less than the average Branch Manager Salary in India. Salary estimates are based on 199 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Branch Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Branch Manager at Kotak Mahindara Life Insurance is 1% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Manager at Kotak Mahindara Life Insurance?
Life Insurance, Team Handling, Branch Management, Sales and Tied Channel are some of the popular skills required to work as a Branch Manager at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Branch Manager in India?
- Life Insurance Corporation of India Branch Manager Salary - ₹12.3 Lakhs to ₹28.0 Lakhs per year
- United India Insurance Company Branch Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
- The New India Assurance Co. Branch Manager Salary - ₹8.0 Lakhs to ₹18.5 Lakhs per year
- The Oriental Insurance Co. Branch Manager Salary - ₹11.2 Lakhs to ₹12.9 Lakhs per year
- ICICI Prudential Life Insurance Branch Manager Salary - ₹6.3 Lakhs to ₹18.0 Lakhs per year
What is the salary of a Branch Manager in companies similar to Kotak Mahindara Life Insurance in India?
- Tata AIA Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹16.2 Lakhs per year
- Max Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
- SBI Life Insurance Company Branch Manager Salary - ₹6.5 Lakhs to ₹15.7 Lakhs per year
- PNB MetLife Branch Manager Salary - ₹6.6 Lakhs to ₹13.2 Lakhs per year
- HDFC Life Branch Manager Salary - ₹5.3 Lakhs to ₹12.5 Lakhs per year
What is the estimated take home salary of a Branch Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Branch Manager at Kotak Mahindara Life Insurance ranges between ₹65,657 per month to ₹67,334 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Branch Manager salary in India which ranges between ₹5.0 Lakhs to ₹13.0 Lakhs per year for employees with experience between 3 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 56% of the Kotak Mahindara Life Insurance Branch Managers reported a notice period of 3 Months, 24% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 127 responses on AmbitionBox in last 2 years.
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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 New Delhi
- Kotak Mahindara Life Insurance Branch Manager salaries in Chennai
- Kotak Mahindara Life Insurance Branch Manager salaries in Kolkata
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Kotak Mahindara Life Insurance Branch Manager salary
in
India
ranges between ₹5
Lakhs to ₹13
Lakhs with an average annual salary of
₹. Salary estimates are based on
199
Kotak Mahindara Life Insurance latest salaries received from various employees of
Kotak Mahindara Life Insurance.