Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Kotak Mahindara Life Insurance Team. If you also belong to the team, you can get access from here
3.8

based on 2.6k Reviews

filter salariesFilter salaries by

Kotak Mahindara Life Insurance Deputy Chief Manager salaries in New Delhi

Annual salary range
9 - 14 years exp.
₹5 Lakhs - ₹7.1 Lakhs
Salary of majority employees
unlock blur
unlock blur

65% less than the average Deputy Chief Manager Salary in Insurance Companies for 9 - 14 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Deputy Chief Manager Salary
10 - 14 years exp. (3 salaries)
unlock-blur

₹5 L/yr - ₹5.7 L/yr

BFSI, Investments & Trading
Deputy Chief Manager Salary
9 - 14 years exp. (AmbitionBox Estimate)
unlock-blur

₹6.3 L/yr - ₹7.1 L/yr

Last Updated: 7 Nov 2023

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

Logo
Kotak Mahindara Life Insurance Deputy Chief Manager Salary

9 - 14 years exp. (5 salaries)

unlock blur

₹5 L/yr - ₹7.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
Times Group Deputy Chief Manager Salary

14 - 23 years exp. (35 salaries)

unlock blur

₹16 L/yr - ₹30 L/yr

arrow icon 268% more
Logo
The Times of India Deputy Chief Manager Salary

13 - 18 years exp. (12 salaries)

unlock blur

₹12 L/yr - ₹27.5 L/yr

arrow icon 202% more
unlock blur

₹21 L/yr - ₹32 L/yr

arrow icon 373% more
unlock blur

₹12 L/yr - ₹16.4 L/yr

arrow icon 168% more
unlock blur

₹21 L/yr - ₹24 L/yr

arrow icon 289% more
Deputy Chief Manager salary at Kotak Mahindara Life Insurance ranges between ₹5 Lakhs to ₹7.1 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance.

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

1y ago
avg blur mobile
14 years exp.
1y ago
avg blur mobile
13 years exp.
1y ago
avg blur mobile
10 years exp.
1y ago
avg blur mobile
14 years exp.
1y ago
avg blur mobile
9 years exp.

Experience wise Kotak Mahindara Life Insurance Deputy Chief Manager salaries in New Delhi

Last Updated: 7 Nov 2023

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

unlock blur

₹2.4 L/yr - ₹6.3 L/yr
10 years (AmbitionBox Estimate)

unlock blur

₹5 L/yr - ₹10.8 L/yr
11 years (AmbitionBox Estimate)

unlock blur

₹5.4 L/yr - ₹6.9 L/yr
12 years (AmbitionBox Estimate)

unlock blur

₹5.5 L/yr - ₹7 L/yr
13 years (AmbitionBox Estimate)

unlock blur

₹5 L/yr - ₹11 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary
(50 salaries)
unlock blur
₹3.2 L/yr - ₹5.63 L/yr
unlock blur
₹3 L/yr - ₹5 L/yr
Branch Manager Salary
(18 salaries)
unlock blur
₹7.5 L/yr - ₹11.5 L/yr
unlock blur
₹4.2 L/yr - ₹5.75 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

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

 · 

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..

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

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.

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Kotak Mahindara Life Insurance Deputy Chief Manager Salary FAQs

What is the salary of Deputy Chief Manager at Kotak Mahindara Life Insurance New Delhi?
Deputy Chief Manager salary at Kotak Mahindara Life Insurance in New Delhi ranges between ₹5.0 Lakhs to ₹7.1 Lakhs for experience between 9 years to 14 years. According to our estimates it is 65% less than the average Deputy Chief Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance New Delhi.
How does the salary of a Deputy Chief Manager at Kotak Mahindara Life Insurance New Delhi compare with the average salary range for this job?
The average salary of a Deputy Chief Manager at Kotak Mahindara Life Insurance is 65% less than the average salary of a Deputy Chief Manager in New Delhi. 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 New Delhi?
  • Aditya Birla Finance Deputy Chief Manager Salary - ₹21.0 Lakhs to ₹32.0 Lakhs per year
  • The Times Group Corporation Deputy Chief Manager Salary - ₹21.0 Lakhs to ₹24.0 Lakhs per year
  • Times Group Deputy Chief Manager Salary - ₹16.0 Lakhs to ₹30.0 Lakhs per year
  • The Times of India Deputy Chief Manager Salary - ₹12.0 Lakhs to ₹27.5 Lakhs per year
  • Aditya Birla Health Insurance Co Deputy Chief Manager Salary - ₹12.0 Lakhs to ₹16.4 Lakhs per year
What is the estimated take home salary of a Deputy Chief Manager at Kotak Mahindara Life Insurance in New Delhi?
The estimated take-home salary of a Deputy Chief Manager at Kotak Mahindara Life Insurance ranges between ₹46,414 per month to ₹47,514 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Deputy Chief Manager salary in India which ranges between ₹5.0 Lakhs to ₹7.1 Lakhs per year for employees with experience between 9 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Deputy Chief Manager at Kotak Mahindara Life Insurance in New Delhi?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Deputy Chief Managers in New Delhi reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Deputy Chief Manager salary in New Delhi ranges between ₹5 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.