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Kotak Mahindara Life Insurance Deputy Branch Operations Manager salaries in India (Updated 2025)

Annual salary range
3 - 8 years exp.
₹2.7 Lakhs - ₹5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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31% 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: 19 Feb 2025

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

Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹11 L/yr

arrow icon 74% more
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₹7.2 L/yr - ₹13 L/yr

arrow icon 145% more
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₹3.6 L/yr - ₹5.7 L/yr

arrow icon 14% more
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₹5.5 L/yr - ₹7.7 L/yr

arrow icon 60% more
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₹4.3 L/yr - ₹8 L/yr

arrow icon 35% 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

3d ago
₹3.9 Lakhs
5 years exp.
4w ago
₹3.5 Lakhs
6 years exp.
2mo ago
₹3.5 Lakhs
5 years exp.
1y ago
₹3.7 Lakhs
3 years exp.
1y ago
₹4 Lakhs
6 years exp.
1y ago
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4 years exp.
1y ago
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6 years exp.
1y ago
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5 years exp.
1y ago
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8 years exp.
1y ago
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7 years exp.

Experience wise Kotak Mahindara Life Insurance Deputy Branch Operations Manager salaries

Last Updated: 19 Feb 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 - ₹9 L/yr
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₹2 L/yr - ₹6.75 L/yr
Branch Manager Salary
(204 salaries)
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₹5 L/yr - ₹13.5 L/yr
Deputy Manager Salary
(761 salaries)
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₹2 L/yr - ₹5.74 L/yr
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₹1.8 L/yr - ₹7 L/yr
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₹2.15 L/yr - ₹10.3 L/yr
Sales Manager Salary
(562 salaries)
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₹2 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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₹2.2 L/yr - ₹4.5 L/yr
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₹2.8 L/yr - ₹4 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.

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
see more salary related reviews

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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 ?
The average salary of a Deputy Branch Operations Manager at Kotak Mahindara Life Insurance in India typically ranges from ₹2.7 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Deputy Branch Operations Manager at Kotak Mahindara Life Insurance earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Deputy Branch Operations Manager Salaries at Kotak Mahindara Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Kotak Mahindara Life Insurance employees in India.
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 in India typically ranges from ₹28,799 to ₹30,181 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 3 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for Deputy Branch Operations Manager in India?
IndusInd Bank ₹7.2 Lakhs to ₹13.0 Lakhs per year
ICICI Bank ₹4.0 Lakhs to ₹11.0 Lakhs per year
Yes Bank ₹5.5 Lakhs to ₹7.7 Lakhs per year
Axis Bank ₹4.3 Lakhs to ₹8.0 Lakhs per year
Future Generali India Life Insurance ₹3.6 Lakhs to ₹5.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.
How the salary growth look like for a Deputy Branch Operations Manager at Kotak Mahindara Life Insurance in India?
The salary growth for a Deputy Branch Operations Manager at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a Deputy Branch Operations Manager can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
3 years ₹3.7 Lakhs to ₹6.7 Lakhs per year
4 years ₹3.5 Lakhs to ₹6.8 Lakhs per year
5 years ₹2.7 Lakhs to ₹4.6 Lakhs per year
6 years ₹3.5 Lakhs to ₹5.0 Lakhs per year
and so on.

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.