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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Deputy Chief Manager salaries in Kolkata

Annual salary range
6 - 19 years exp.
₹6 Lakhs - ₹8.5 Lakhs
Salary of majority employees
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58% less than the average Deputy Chief Manager Salary in Insurance Companies for 6 - 19 years of experience

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Salaries in different departments

Sales & Business Development
Deputy Chief Manager Salary
9 - 17 years exp. (5 salaries)
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₹6 L/yr - ₹8.5 L/yr

BFSI, Investments & Trading
Deputy Chief Manager Salary
6 - 11 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8 L/yr

Last Updated: 4 Jun 2023

Companies similar to Kotak Mahindara Life Insurance for Deputy Chief Manager in Kolkata

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Kotak Mahindara Life Insurance Deputy Chief Manager Salary

6 - 19 years exp. (8 salaries)

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₹6 L/yr - ₹8.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹12 L/yr - ₹15.6 L/yr

arrow icon 109% more
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Times Group Deputy Chief Manager Salary

15 - 22 years exp. (4 salaries)

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₹18 L/yr - ₹22 L/yr

arrow icon 218% more
Deputy Chief Manager salary at Kotak Mahindara Life Insurance ranges between ₹6 Lakhs to ₹8.5 Lakhs per year for employees with experience between 6 years to 19 years. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Deputy Chief Manager in Kolkata

1y ago
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6 years exp.
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17 years exp.
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10 years exp.
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9 years exp.
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11 years exp.
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15 years exp.

Experience wise Kotak Mahindara Life Insurance Deputy Chief Manager salaries in Kolkata

Last Updated: 4 Jun 2023

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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

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₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹7.4 L/yr
9 years (AmbitionBox Estimate)

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₹6 L/yr - ₹11.6 L/yr
10 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹8.5 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary
(41 salaries)
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₹2.3 L/yr - ₹4.79 L/yr
Branch Manager Salary
(15 salaries)
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₹5 L/yr - ₹12.25 L/yr
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₹2.2 L/yr - ₹3.2 L/yr
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₹3 L/yr - ₹4.9 L/yr
Area Manager Salary
(3 salaries)
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₹8.52 L/yr - ₹13.26 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

3.6

Rated by 3 employees for salary & benefits

Sales & Business Development Department

5.0
  •  posted on 08 Aug 2018

3.0
 for  Salary and Benefits

Likes

Company policy is good for employee lots of benifit of new employees and salary stracture are also good.

read more

Dislikes

Work culture in our branch is very poor. Lots of pressure in new members they can't survive long.

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."

read 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

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..

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

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Kotak Mahindara Life Insurance Deputy Chief Manager Salary FAQs

What is the salary of Deputy Chief Manager at Kotak Mahindara Life Insurance Kolkata?
Deputy Chief Manager salary at Kotak Mahindara Life Insurance in Kolkata ranges between ₹6.0 Lakhs to ₹8.5 Lakhs for experience between 6 years to 19 years. According to our estimates it is 58% less than the average Deputy Chief Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindara Life Insurance Kolkata.
How does the salary of a Deputy Chief Manager at Kotak Mahindara Life Insurance Kolkata compare with the average salary range for this job?
The average salary of a Deputy Chief Manager at Kotak Mahindara Life Insurance is 58% less than the average salary of a Deputy Chief Manager in Kolkata. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Deputy Chief Manager in Kolkata?
  • Times Group Deputy Chief Manager Salary - ₹18.0 Lakhs to ₹22.0 Lakhs per year
  • Simplex Infrastructures Deputy Chief Manager Salary - ₹12.0 Lakhs to ₹15.6 Lakhs per year
What is the estimated take home salary of a Deputy Chief Manager at Kotak Mahindara Life Insurance in Kolkata?
The estimated take-home salary of a Deputy Chief Manager at Kotak Mahindara Life Insurance ranges between ₹50,611 per month to ₹51,806 per month in Kolkata. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Deputy Chief Manager salary in India which ranges between ₹6.0 Lakhs to ₹8.5 Lakhs per year for employees with experience between 6 years to 19 years. Check how did we calculate take home salary?
What is the notice period for Deputy Chief Manager at Kotak Mahindara Life Insurance in Kolkata?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Deputy Chief Managers in Kolkata reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Deputy Chief Manager salary in Kolkata ranges between ₹6 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.