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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Chief Branch Manager salaries in India

Annual salary range
6 - 14 years exp.
₹7 Lakhs - ₹19 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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6% more than the average Chief Branch Manager Salary in Insurance Companies for 6 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Chief Branch Manager Salary
6 - 14 years exp. (3 salaries)
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₹7 L/yr - ₹19 L/yr

Sales & Business Development
Chief Branch Manager Salary
8 - 13 years exp. (AmbitionBox Estimate)
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₹11.1 L/yr - ₹15 L/yr

Last Updated: 11 Dec 2024

Companies similar to Kotak Mahindara Life Insurance for Chief Branch Manager

Company name Avg Annual Salary Open Jobs
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₹8.5 L/yr - ₹17.5 L/yr

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PNB MetLife Chief Branch Manager Salary

7 - 11 years exp. (4 salaries)

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₹6 L/yr - ₹7 L/yr

arrow icon 47% less
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₹10 L/yr - ₹10.5 L/yr

arrow icon 19% less
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₹11.5 L/yr - ₹11.5 L/yr

arrow icon 9% less
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ICICI Securities Chief Branch Manager Salary

5 - 16 years exp. (114 salaries)

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₹6.5 L/yr - ₹16 L/yr

arrow icon 20% less
Chief Branch Manager salary at Kotak Mahindara Life Insurance ranges between ₹7 Lakhs to ₹19 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Chief Branch Manager

1w ago
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8 years exp.
4mo ago
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6 years exp.
1y ago
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14 years exp.
1y ago
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11 years exp.
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13 years exp.

Experience wise Kotak Mahindara Life Insurance Chief Branch Manager salaries

Last Updated: 11 Dec 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹7 L/yr - ₹12.9 L/yr
7 years (AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.8 L/yr
8 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹11.1 L/yr
9 years (AmbitionBox Estimate)

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₹10.1 L/yr - ₹12.9 L/yr
10 years (AmbitionBox Estimate)

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₹11.3 L/yr - ₹14.4 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹9.1 L/yr - ₹14.25 L/yr
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₹3.2 L/yr - ₹7.5 L/yr
Branch Manager Salary
(211 salaries)
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₹4.5 L/yr - ₹12.81 L/yr
Chief Manager Salary
(430 salaries)
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₹5.1 L/yr - ₹19 L/yr
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₹4.45 L/yr - ₹8.5 L/yr
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₹3.5 L/yr - ₹10 L/yr
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₹2.65 L/yr - ₹8.5 L/yr
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₹3 L/yr - ₹6.77 L/yr
Area Manager Salary
(21 salaries)
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₹4.94 L/yr - ₹17.4 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

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

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

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

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."

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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.

Dislikes

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

read more

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

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.

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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..

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Dislikes

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

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Kotak Mahindara Life Insurance Chief Branch Manager Salary FAQs

What is the salary of Chief Branch Manager at Kotak Mahindara Life Insurance?
Chief Branch Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹7.0 Lakhs to ₹19.0 Lakhs for experience between 6 years to 14 years. According to our estimates it is 6% more than the average Chief Branch Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Chief Branch Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Chief Branch Manager at Kotak Mahindara Life Insurance is 6% more than the average salary of a Chief Branch Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Chief Branch Manager in India?
  • Bajaj Allianz Life Insurance Chief Branch Manager Salary - ₹8.5 Lakhs to ₹17.5 Lakhs per year
What is the salary of a Chief Branch Manager in companies similar to Kotak Mahindara Life Insurance in India?
  • Star Health & Allied Insurance Chief Branch Manager Salary - ₹11.5 Lakhs to ₹11.5 Lakhs per year
  • ICICI Lombard General Insurance Company Chief Branch Manager Salary - ₹10.0 Lakhs to ₹10.5 Lakhs per year
  • ICICI Securities Chief Branch Manager Salary - ₹6.5 Lakhs to ₹16.0 Lakhs per year
  • PNB MetLife Chief Branch Manager Salary - ₹6.0 Lakhs to ₹7.0 Lakhs per year
What is the estimated take home salary of a Chief Branch Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Chief Branch Manager at Kotak Mahindara Life Insurance ranges between ₹88,958 per month to ₹91,294 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Chief Branch Manager salary in India which ranges between ₹7.0 Lakhs to ₹19.0 Lakhs per year for employees with experience between 6 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Chief Branch Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 67% of the Kotak Mahindara Life Insurance Chief Branch Managers reported a notice period of 15 days or less, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Chief Branch Manager salary in India ranges between ₹7 Lakhs to ₹19 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.