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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Deputy Branch Operations Manager salaries in India

Annual salary range
3 - 8 years exp.
₹2.7 Lakhs - ₹5 Lakhs
Salary of majority employees
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29% less than the average Deputy Branch Operations Manager Salary in Insurance Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Branch Operations Manager Salary
3 - 8 years exp. (9 salaries)
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₹2.7 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Deputy Branch Operations Manager Salary
4 - 6 years exp. (4 salaries)
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₹3.5 L/yr - ₹4.1 L/yr

Last Updated: 24 Jan 2025

Companies similar to Kotak Mahindara Life Insurance for Deputy Branch Operations Manager

Company name Avg Annual Salary Open Jobs
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₹7.3 L/yr - ₹7.3 L/yr

arrow icon 85% more
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₹4 L/yr - ₹11 L/yr

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₹7.2 L/yr - ₹13 L/yr

arrow icon 149% more
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₹3.6 L/yr - ₹5.7 L/yr

arrow icon 13% more
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₹5.6 L/yr - ₹7.7 L/yr

arrow icon 50% more
Deputy Branch Operations Manager salary at Kotak Mahindara Life Insurance ranges between ₹2.7 Lakhs to ₹5 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindara Life Insurance.

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

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6 years exp.
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Experience wise Kotak Mahindara Life Insurance Deputy Branch Operations Manager salaries

Last Updated: 24 Jan 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹6.7 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.8 L/yr
5 years  (5 salaries)

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₹2.7 L/yr - ₹4.6 L/yr
6 years  (4 salaries)

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₹3.5 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹7.3 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹2.65 L/yr - ₹8.5 L/yr
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₹2 L/yr - ₹6.75 L/yr
Branch Manager Salary
(200 salaries)
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₹4.5 L/yr - ₹12.3 L/yr
Deputy Manager Salary
(939 salaries)
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₹2 L/yr - ₹5.69 L/yr
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₹1.75 L/yr - ₹7 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹25.7 L/yr - ₹32.8 L/yr
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₹2.15 L/yr - ₹10.3 L/yr
Sales Manager Salary
(538 salaries)
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₹2.4 L/yr - ₹6 L/yr
Technical Support Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
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₹2.45 L/yr - ₹4.6 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

2.7

Rated by 2 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.

  • 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

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

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..

read more

Dislikes

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

  • Salary - Bad
  • +6 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

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.

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  • 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
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Kotak Mahindara Life Insurance Deputy Branch Operations Manager Salary FAQs

What is the salary of Deputy Branch Operations Manager at Kotak Mahindara Life Insurance?
Deputy Branch Operations Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹2.7 Lakhs to ₹5.0 Lakhs for experience between 3 years to 8 years. According to our estimates it is 29% less than the average Deputy Branch Operations Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Deputy Branch Operations Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Deputy Branch Operations Manager at Kotak Mahindara Life Insurance is 29% less than the average salary of a Deputy Branch Operations Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Deputy Branch Operations Manager in India?
  • IndusInd Bank Deputy Branch Operations Manager Salary - ₹7.2 Lakhs to ₹13.0 Lakhs per year
  • SBI General Insurance Deputy Branch Operations Manager Salary - ₹7.3 Lakhs to ₹7.3 Lakhs per year
  • ICICI Bank Deputy Branch Operations Manager Salary - ₹4.0 Lakhs to ₹11.0 Lakhs per year
  • Yes Bank Deputy Branch Operations Manager Salary - ₹5.6 Lakhs to ₹7.7 Lakhs per year
  • Future Generali India Life Insurance Deputy Branch Operations Manager Salary - ₹3.6 Lakhs to ₹5.7 Lakhs per year
What is the estimated take home salary of a Deputy Branch Operations Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Deputy Branch Operations Manager at Kotak Mahindara Life Insurance ranges between ₹28,933 per month to ₹30,313 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Deputy Branch Operations Manager salary in India which ranges between ₹2.7 Lakhs to ₹5.0 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Deputy Branch Operations Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 36% of the Kotak Mahindara Life Insurance Deputy Branch Operations Managers reported a notice period of 2 Months, 37% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Deputy Branch Operations Manager salary in India ranges between ₹2.7 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.