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Kotak Mahindara Life Insurance Clerk salaries in India

Annual salary range
0 - 6 years exp.
₹0.6 Lakh - ₹4 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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27% less than the average Clerk Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Clerk Salary
2 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Data Science & Analytics
Clerk Salary
Fresher (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 17 Mar 2023

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Clerk salary at Kotak Mahindara Life Insurance ranges between ₹0.6 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Clerk

1y ago
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2 years exp.

Experience wise Kotak Mahindara Life Insurance Clerk salaries

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)

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₹0.5 L/yr - ₹0.6 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Analyst Salary
(4 salaries)
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₹2.6 L/yr - ₹15.8 L/yr
Accountant Salary
(4 salaries)
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₹1.44 L/yr - ₹5.15 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
Deputy Manager Salary
(764 salaries)
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₹2 L/yr - ₹5.69 L/yr
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₹2.8 L/yr - ₹3.51 L/yr
Accounts Officer Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
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₹1.8 L/yr - ₹3 L/yr
Accounting Staff Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Financial Analyst Salary
(AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr
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₹1 L/yr - ₹6.5 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

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

read more
  • Skill development - Poor
  • +4 more

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

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 08 May 2021

4.0
 for  Salary and Benefits

Likes

It is all about leadership. If you are good in recruitment then you will more success and financial compensation also.

read more
  • Salary - Good
  • +6 more

Dislikes

Senior managers are not available all times so you handle alone and spoil resource coz lack of knowledge and experiences

read more

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.

read more
  • Skill development - Good
  • +1 more

Dislikes

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

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

  • Company culture - Good

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."

read more
  • Salary - Bad
  • +2 more
see more salary related reviews

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Kotak Mahindara Life Insurance Clerk Salary FAQs

How the salary growth look like for a Clerk at Kotak Mahindara Life Insurance in India?
The salary growth for a Clerk at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a Clerk can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
Fresher ₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
6 years ₹0.5 Lakhs to ₹0.6 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Clerk salary in India ranges between ₹0.6 Lakh to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.