Kotak Mahindara Life Insurance Branch Operations and Service Manager Salaries by 4 Employees (Updated 2025)

1 - 4 years exp.

₹3 Lakhs - ₹4.3 Lakhs

Low Confidence

Salary of majority employees

42% less than the average Branch Operations and Service Manager Salary in Insurance Companies for 1 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations Branch Operations and Service Manager Salary 1 - 4 years exp. (3 salaries)	₹3.6 L/yr - ₹4.3 L/yr
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Finance & Accounting Branch Operations and Service Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 24 Dec 2024

Companies similar to Kotak Mahindara Life Insurance for Branch Operations and Service Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Operations and Service Manager Salary 6 - 8 years exp. (3 salaries)	₹3.8 L/yr - ₹4.9 L/yr 8% more
ICICI Lombard General Insurance Company Branch Operations and Service Manager Salary 6 - 16 years exp. (5 salaries)	₹4.5 L/yr - ₹5.6 L/yr 29% more
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HDFC Ergo General Insurance Branch Operations and Service Manager Salary 4 - 14 years exp. (4 salaries)	₹3.8 L/yr - ₹7.2 L/yr 29% more
AU Small Finance Bank Branch Operations and Service Manager Salary 5 - 12 years exp. (157 salaries)	₹3.4 L/yr - ₹12.5 L/yr 99% more	1 job opening
IDFC FIRST Bank Branch Operations and Service Manager Salary 4 - 11 years exp. (66 salaries)	₹2.8 L/yr - ₹9.3 L/yr 80% more

Branch Operations and Service Manager salary at Kotak Mahindara Life Insurance ranges between ₹3 Lakhs to ₹4.3 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Branch Operations and Service Manager salaries

Last Updated: 24 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹3.6 L/yr
2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
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3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹4.3 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Senior Operations Manager Salary

(8 salaries)

₹6 L/yr - ₹14.5 L/yr

Operations Manager Salary

(39 salaries)

₹2.65 L/yr - ₹8.5 L/yr

Customer Service Manager Salary

(4 salaries)

₹5.75 L/yr - ₹8.7 L/yr

Relationship Manager Salary

(209 salaries)

₹1.8 L/yr - ₹7 L/yr

Service Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Branch Manager Salary

(201 salaries)

₹4.5 L/yr - ₹13.5 L/yr

Operations Executive Salary

(21 salaries)

₹2.45 L/yr - ₹4.6 L/yr

Deputy Branch Manager Salary

(7 salaries)

₹3.2 L/yr - ₹4.5 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹25.7 L/yr - ₹32.8 L/yr

Project Manager Salary

(14 salaries)

₹6.5 L/yr - ₹22 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

2.0

Rated by 1 employees for salary & benefits

Deputy Manager in Mumbai

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

Skill development - Poor

+4 more

Relationship Manager in Kolkata

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..

Dislikes

I like nothing about them.. I m with my word..

Salary - Bad

+6 more

Deputy Manager in Thane

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

Salary - Poor

+5 more

Deputy Manager in Mumbai

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.

Skill development - Good

+1 more

Dislikes

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

Salary - Poor

+1 more

Team Manager in Kolkata

Customer Success, Service & Operations Department

1.0

• posted on 23 May 2019

1.0

for Salary and Benefits

Likes

They are misleading youth.... They dont pay a single penny or salary until and unless candidate got promoted to the next level.. totally worst... Why someone works for them free of cost... Totally worst.....

Dislikes

Nothing is good.... Totally bad. Don't give a salary rather forces candidates to do policies..

Salary - Bad

+6 more

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Kotak Mahindara Life Insurance Branch Operations and Service Manager Salary FAQs

What is the salary of Branch Operations and Service Manager at Kotak Mahindara Life Insurance?

Branch Operations and Service Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹3.0 Lakhs to ₹4.3 Lakhs for experience between 1 years to 4 years. According to our estimates it is 42% less than the average Branch Operations and Service Manager 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 Branch Operations and Service Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?

The average salary of a Branch Operations and Service Manager at Kotak Mahindara Life Insurance is 42% less than the average salary of a Branch Operations and Service Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindara Life Insurance to a Branch Operations and Service Manager in India?

AU Small Finance Bank Branch Operations and Service Manager Salary - ₹3.4 Lakhs to ₹12.5 Lakhs per year
IDFC FIRST Bank Branch Operations and Service Manager Salary - ₹2.8 Lakhs to ₹9.3 Lakhs per year
HDFC Ergo General Insurance Branch Operations and Service Manager Salary - ₹3.8 Lakhs to ₹7.2 Lakhs per year
ICICI Lombard General Insurance Company Branch Operations and Service Manager Salary - ₹4.5 Lakhs to ₹5.6 Lakhs per year
HDFC Life Branch Operations and Service Manager Salary - ₹3.8 Lakhs to ₹4.9 Lakhs per year

What is the estimated take home salary of a Branch Operations and Service Manager at Kotak Mahindara Life Insurance in India?

The estimated take-home salary of a Branch Operations and Service Manager at Kotak Mahindara Life Insurance ranges between ₹28,477 per month to ₹29,864 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Branch Operations and Service Manager salary in India which ranges between ₹3.0 Lakhs to ₹4.3 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Branch Operations and Service Manager at Kotak Mahindara Life Insurance?

According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Branch Operations and Service Managers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Branch Operations and Service Manager Salaries

Kotak Mahindara Life Insurance Branch Operations and Service Manager salary in India ranges between ₹3 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

Kotak Mahindara Life Insurance Branch Operations and Service Manager salaries in India

Companies similar to Kotak Mahindara Life Insurance for Branch Operations and Service Manager

Latest annual salaries shared by Kotak Mahindara Life Insurance Branch Operations and Service Manager

Experience wise Kotak Mahindara Life Insurance Branch Operations and Service Manager salaries

Similar Designation salaries in Kotak Mahindara Life Insurance

Salary related reviews for Kotak Mahindara Life Insurance

Deputy Manager in Mumbai

Relationship Manager in Kolkata

Deputy Manager in Thane

Deputy Manager in Mumbai

Team Manager in Kolkata

Kotak Mahindara Life Insurance Branch Operations and Service Manager Salary FAQs

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