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Managerial support.
Annual salary range
1 - 8 years exp.
₹2.5
Lakhs - ₹7
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 salary40% less than the average Branch Sales Manager Salary in Insurance Companies for 1 - 8 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Branch Sales Manager Salary
3 - 7
years
exp.
(5
salaries)
|  ₹2.5 L/yr - ₹5 L/yr |
Login to view exact salary
| |
Sales & Business Development
Branch Sales Manager Salary
1 - 8
years
exp.
(5
salaries)
| ₹3.3 L/yr - ₹5.8 L/yr |
Companies similar to Kotak Mahindara Life Insurance for Branch Sales Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Branch Sales Manager Salary
0 - 12 years exp. (9 salaries) | ₹4.8 L/yr - ₹11.8 L/yr 
71%
more | |
 HDFC Life Branch Sales Manager Salary
6 - 10 years exp. (36 salaries) | ₹5 L/yr - ₹9 L/yr
73%
more | |
Login to view exact salary
| ||
 SBI Life Insurance Company Branch Sales Manager Salary
6 - 20 years exp. (23 salaries) | ₹5 L/yr - ₹13 L/yr
121%
more | |
 Max Life Insurance Branch Sales Manager Salary
0 - 15 years exp. (5 salaries) | ₹2 L/yr - ₹10.5 L/yr
35%
more | |
 Bajaj Allianz Life Insurance Branch Sales Manager Salary
2 - 12 years exp. (194 salaries) | ₹2.6 L/yr - ₹6 L/yr
6%
more | |
 Reliance Nippon Life Insurance Branch Sales Manager Salary
0 - 10 years exp. (16 salaries) | ₹2 L/yr - ₹7 L/yr 
2%
less | |
 Aditya Birla Sun Life Insurance Branch Sales Manager Salary
4 - 9 years exp. (4 salaries) | ₹2.4 L/yr - ₹8.5 L/yr
10%
more | |
 Tata AIA Life Insurance Branch Sales Manager Salary
1 - 9 years exp. (33 salaries) | ₹5 L/yr - ₹8.2 L/yr
63%
more | |
 PNB MetLife Branch Sales Manager Salary
5 - 15 years exp. (4 salaries) | ₹6.3 L/yr - ₹8 L/yr
67%
more | |
 Life Insurance Corporation of India Branch Sales Manager Salary
3 - 13 years exp. (5 salaries) | ₹3 L/yr - ₹6 L/yr
10%
more | |
 Care Health Insurance Branch Sales Manager Salary
1 - 9 years exp. (7 salaries) | ₹4.4 L/yr - ₹5.4 L/yr
20%
more | |
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| ||
 HDFC Ergo General Insurance Branch Sales Manager Salary
4 - 18 years exp. (5 salaries) | ₹3.7 L/yr - ₹11 L/yr
67%
more | |
 ICICI Lombard General Insurance Company Branch Sales Manager Salary
12 - 16 years exp. (4 salaries) | ₹5.6 L/yr - ₹8 L/yr
88%
more | |
 Star Health & Allied Insurance Branch Sales Manager Salary
0 - 4 years exp. (4 salaries) | ₹1.9 L/yr - ₹7 L/yr
10%
less | |
 Shriram Life Insurance Branch Sales Manager Salary
5 - 8 years exp. (3 salaries) | ₹2.5 L/yr - ₹2.8 L/yr
36%
less | |
Branch Sales Manager salary at Kotak Mahindara Life Insurance ranges between ₹2.5
Lakhs
to ₹7
Lakhs
per year for employees with experience between 1 year to 8 years. Salary
estimates are based on
16 latest salaries received
from various employees of Kotak Mahindara Life Insurance.
Latest annual salaries shared by Kotak Mahindara Life Insurance Branch Sales Manager
2d ago
6
years
exp.
1mo ago
8
years
exp.
2mo ago
1
year
exp.
6mo ago
4
years
exp.
9mo ago
7
years
exp.
1y ago
2
years
exp.
1y ago
4
years
exp.
1y ago
5
years
exp.
1y ago
5
years
exp.
1y ago
4
years
exp.
Experience wise Kotak Mahindara Life Insurance Branch Sales Manager salaries
Last Updated: 31 Oct 2024
| Experience | Avg Annual Salary |
|---|---|
| 1 year (AmbitionBox Estimate) |
₹3.5
L/yr
- ₹6.7
L/yr
|
| 2 years (AmbitionBox Estimate) |
₹3
L/yr
- ₹4
L/yr
|
Login to view exact salary
| |
| 3 years (3 salaries) |
₹2.5
L/yr
- ₹7.2
L/yr
|
| 4 years (4 salaries) |
₹3.3
L/yr
- ₹5
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹3.3
L/yr
- ₹7.7
L/yr
|
View all
Similar Designation salaries in Kotak Mahindara Life Insurance
Top skills at Kotak Mahindara Life Insurance for Branch Sales Manager
Sales
B2B Sales
Business Development
Branch Sales
Field Sales
Marketing
Channel Sales
Corporate Sales
Sales Management
Relationship Management
B2B
Life Insurance
Bancassurance
B2C
institutional sales
Salary related reviews for Kotak Mahindara Life Insurance
Discover interview dos and don'ts from real experiences
Top trending discussions
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Salary Discussions, Hike & Promotions
1w
a technical project manager
Deadend
Hi,
I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA.
I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation.
I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component.
I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this.
What should be my next move?
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Kotak Mahindara Life Insurance Branch Sales Manager Salary FAQs
What is the salary of Branch Sales Manager at Kotak Mahindara Life Insurance?
Branch Sales Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹2.5 Lakhs to ₹7.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 40% less than the average Branch Sales Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Branch Sales Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Branch Sales Manager at Kotak Mahindara Life Insurance is 40% less than the average salary of a Branch Sales Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Sales Manager at Kotak Mahindara Life Insurance?
Sales, B2B Sales, Business Development, Branch Sales and Field Sales are some of the popular skills required to work as a Branch Sales Manager at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Branch Sales Manager in India?
- SBI Life Insurance Company Branch Sales Manager Salary - ₹5.0 Lakhs to ₹13.0 Lakhs per year
- ICICI Lombard General Insurance Company Branch Sales Manager Salary - ₹5.6 Lakhs to ₹8.0 Lakhs per year
- HDFC Life Branch Sales Manager Salary - ₹5.0 Lakhs to ₹9.0 Lakhs per year
- ICICI Prudential Life Insurance Branch Sales Manager Salary - ₹4.8 Lakhs to ₹11.8 Lakhs per year
- HDFC Ergo General Insurance Branch Sales Manager Salary - ₹3.7 Lakhs to ₹11.0 Lakhs per year
What is the salary of a Branch Sales Manager in companies similar to Kotak Mahindara Life Insurance in India?
- PNB MetLife Branch Sales Manager Salary - ₹6.3 Lakhs to ₹8.0 Lakhs per year
- Tata AIA Life Insurance Branch Sales Manager Salary - ₹5.0 Lakhs to ₹8.2 Lakhs per year
- Max Life Insurance Branch Sales Manager Salary - ₹2.0 Lakhs to ₹10.5 Lakhs per year
- Care Health Insurance Branch Sales Manager Salary - ₹4.4 Lakhs to ₹5.4 Lakhs per year
- Aditya Birla Sun Life Insurance Branch Sales Manager Salary - ₹2.4 Lakhs to ₹8.5 Lakhs per year
What is the estimated take home salary of a Branch Sales Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Branch Sales Manager at Kotak Mahindara Life Insurance ranges between ₹30,687 per month to ₹31,991 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Branch Sales Manager salary in India which ranges between ₹2.5 Lakhs to ₹7.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Branch Sales Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 55% of the Kotak Mahindara Life Insurance Branch Sales Managers reported a notice period of 3 Months, 18% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.
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Kotak Mahindara Life Insurance Branch Sales Manager Salaries by Location
- Kotak Mahindara Life Insurance Branch Sales Manager salaries in Surat
- Kotak Mahindara Life Insurance Branch Sales Manager salaries in Bangalore / Bengaluru
- Kotak Mahindara Life Insurance Branch Sales Manager salaries in Aurangabad
- Kotak Mahindara Life Insurance Branch Sales Manager salaries in Sangli
- Kotak Mahindara Life Insurance Branch Sales Manager salaries in Kolhapur
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Kotak Mahindara Life Insurance Branch Sales Manager salary
in
India
ranges between ₹2.5
Lakhs to ₹7
Lakhs with an average annual salary of
₹. Salary estimates are based on
16
Kotak Mahindara Life Insurance latest salaries received from various employees of
Kotak Mahindara Life Insurance.