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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Chief Manager Sales salaries in Bangalore / Bengaluru

Annual salary range
5 - 15 years exp.
₹5 Lakhs - ₹7 Lakhs
Salary of majority employees
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37% less than the average Chief Manager Sales Salary in Insurance Companies for 5 - 15 years of experience

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Salaries in different departments

Sales & Business Development
Chief Manager Sales Salary
5 - 14 years exp. (5 salaries)
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₹5 L/yr - ₹7 L/yr

Marketing & Communication
Chief Manager Sales Salary
15 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

Last Updated: 21 Sep 2024

Companies similar to Kotak Mahindara Life Insurance for Chief Manager Sales in Bangalore / Bengaluru

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Kotak Mahindara Life Insurance Chief Manager Sales Salary

5 - 15 years exp. (6 salaries)

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₹5 L/yr - ₹7 L/yr

vs
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Ecom Express Chief Manager Sales Salary

15 - 17 years exp. (3 salaries)

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₹12.1 L/yr - ₹13.7 L/yr

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Chief Manager Sales salary at Kotak Mahindara Life Insurance ranges between ₹5 Lakhs to ₹7 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Chief Manager Sales in Bangalore / Bengaluru

3mo ago
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15 years exp.
9mo ago
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8 years exp.
1y ago
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7 years exp.
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12 years exp.
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5 years exp.
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14 years exp.

Experience wise Kotak Mahindara Life Insurance Chief Manager Sales salaries in Bangalore / Bengaluru

Last Updated: 21 Sep 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹11.4 L/yr
6 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹7 L/yr
9 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.1 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Sales Manager Salary
(67 salaries)
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₹3 L/yr - ₹5.5 L/yr
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₹3 L/yr - ₹4.9 L/yr
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₹2.25 L/yr - ₹5.5 L/yr
Branch Manager Salary
(25 salaries)
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₹5.3 L/yr - ₹11.12 L/yr
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₹2.15 L/yr - ₹8.9 L/yr
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₹5.2 L/yr - ₹6.05 L/yr
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₹6 L/yr - ₹6.52 L/yr
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₹7 L/yr - ₹8 L/yr
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₹2.8 L/yr - ₹3 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

3.0

Rated by 1 employees for salary & benefits

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

 · 

Other Department

5.0
  •  posted on 27 Jun 2022

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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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..

Life Insurance Department

5.0
  •  posted on 22 Apr 2022

4.0
 for  Salary and Benefits

Likes

...mates and manager also supportive and bring out best. Company policies are good. Get good salary hike and incentives.

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Dislikes

There is nothing to say dislikes in our organization. From hr, manager, teammates all are very helpful always. In matters of career growth it will be little slow.

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Sales Department

5.0
  •  posted on 06 May 2021

4.0
 for  Salary and Benefits

Likes

Kotak working environment is overall good. Give space to employees to work on their own. Job security is there.

Dislikes

Salary structure is quite low and apprehensive. Difficult to co relate with target and hard work you put in. No goal sheet which directly linked with growth and appraisal.

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Kotak Mahindara Life Insurance Chief Manager Sales Salary FAQs

What is the salary of Chief Manager Sales at Kotak Mahindara Life Insurance Bangalore / Bengaluru?
Chief Manager Sales salary at Kotak Mahindara Life Insurance in Bangalore / Bengaluru ranges between ₹5.0 Lakhs to ₹7.0 Lakhs for experience between 5 years to 15 years. According to our estimates it is 37% less than the average Chief Manager Sales Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance Bangalore / Bengaluru.
How does the salary of a Chief Manager Sales at Kotak Mahindara Life Insurance Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Chief Manager Sales at Kotak Mahindara Life Insurance is 37% less than the average salary of a Chief Manager Sales in Bangalore / Bengaluru. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Chief Manager Sales in Bangalore / Bengaluru?
  • Ecom Express Chief Manager Sales Salary - ₹12.1 Lakhs to ₹13.7 Lakhs per year
What is the estimated take home salary of a Chief Manager Sales at Kotak Mahindara Life Insurance in Bangalore / Bengaluru?
The estimated take-home salary of a Chief Manager Sales at Kotak Mahindara Life Insurance ranges between ₹47,416 per month to ₹48,539 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Chief Manager Sales salary in India which ranges between ₹5.0 Lakhs to ₹7.0 Lakhs per year for employees with experience between 5 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Chief Manager Sales at Kotak Mahindara Life Insurance in Bangalore / Bengaluru?
According to AmbitionBox, 75% of the Kotak Mahindara Life Insurance Chief Manager Saless in Bangalore / Bengaluru reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Chief Manager Sales salary in Bangalore / Bengaluru ranges between ₹5 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.