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
3.7

based on 2.7k Reviews

filter salariesFilter salaries by

Kotak Mahindara Life Insurance Deputy Vice President salaries in Ahmedabad

Annual salary range
12 - 21 years exp.
₹18 Lakhs - ₹28.5 Lakhs
Salary of majority employees
unlock blur
unlock blur

14% less than the average Deputy Vice President Salary in Insurance Companies for 12 - 21 years of experience

Interested in this particular role?

Last Updated: 7 Nov 2024

Companies similar to Kotak Mahindara Life Insurance for Deputy Vice President in Ahmedabad

Logo
Kotak Mahindara Life Insurance Deputy Vice President Salary

12 - 21 years exp. (5 salaries)

unlock blur

₹18 L/yr - ₹28.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
unlock blur

₹22 L/yr - ₹24.7 L/yr

arrow icon 9% less
Logo
Axis Bank Deputy Vice President Salary

13 - 25 years exp. (17 salaries)

unlock blur

₹19 L/yr - ₹50 L/yr

arrow icon 31% more
Logo
Kotak Mahindra Bank Deputy Vice President Salary

11 - 22 years exp. (10 salaries)

unlock blur

₹19.9 L/yr - ₹39.2 L/yr

arrow icon 2% less
Logo
IndusInd Bank Deputy Vice President Salary

10 - 20 years exp. (8 salaries)

unlock blur

₹19.4 L/yr - ₹28.9 L/yr

arrow icon 1% less
Logo
Kotak Securities Deputy Vice President Salary

13 - 19 years exp. (6 salaries)

unlock blur

₹13.4 L/yr - ₹30 L/yr

arrow icon 4% less
Deputy Vice President salary at Kotak Mahindara Life Insurance ranges between ₹18 Lakhs to ₹28.5 Lakhs per year for employees with experience between 12 years to 21 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 Vice President in Ahmedabad

3mo ago
avg blur mobile
18 years exp.
7mo ago
avg blur mobile
20 years exp.
10mo ago
avg blur mobile
21 years exp.
1y ago
avg blur mobile
17 years exp.
1y ago
avg blur mobile
12 years exp.

Experience wise Kotak Mahindara Life Insurance Deputy Vice President salaries in Ahmedabad

Last Updated: 7 Nov 2024

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

unlock blur

₹18 L/yr - ₹49.2 L/yr
13 years (AmbitionBox Estimate)

unlock blur

₹24.4 L/yr - ₹31.2 L/yr
14 years (AmbitionBox Estimate)

unlock blur

₹24.3 L/yr - ₹31 L/yr
15+ years  (4 salaries)

unlock blur

₹18.5 L/yr - ₹28.5 L/yr
Kotak Mahindara Life Insurance Deputy Vice President Salary and Career Growth

From

To

Deputy Vice President

unlock blur Lakhs/yr

11 - 21 years exp.

Senior Vice President

unlock blur Lakhs/yr

13 - 24 years exp.

Deputy Vice President 11 - 21 years exp.
unlock blur
Vice President 14 - 21 years exp.
unlock blur
arrow icon 20% hike
    Senior Vice President 13 - 24 years exp.
    unlock blur
    arrow icon 21% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Kotak Mahindara Life Insurance

    Deputy Manager Salary
    (34 salaries)
    unlock blur
    ₹2.25 L/yr - ₹5.25 L/yr
    unlock blur
    ₹12 L/yr - ₹18 L/yr
    Branch Manager Salary
    (4 salaries)
    unlock blur
    ₹6.75 L/yr - ₹8.7 L/yr
    unlock blur
    ₹13.73 L/yr - ₹15 L/yr

    Salary related reviews for Kotak Mahindara Life Insurance

    3.5

    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

     · 

    BFSI, Investments & Trading Department

    3.0
      •  posted on 20 Aug 2024

    2.0
     for  Salary and Benefits

    Likes

    Kotak Life learning with colleagues and seniors, helpful people. New innovations happening in business and product teams.

    read more
    • Job security - Excellent
    • +2 more

    Dislikes

    Human Resources and employees understanding. Human resource donot do anything for employees just gives threat on every occasion to employees for salary hold. New generation should not join this company as ther are better HR polices elsewhere Some department like IT areas slow,no future thought processes. As HR polices are so bad that even your managers and head of department are weak and toothless for any new initiatives

    read more
    • Salary - Poor
    • +1 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

     · 

    Finance & Accounting Department

    4.0
      •  posted on 04 Apr 2024

    3.0
     for  Salary and Benefits

    Likes

    Work life balance is okay. Good place to work in. Maximum professionally qualified employees.

    • Job security - Good
    • +1 more

    Dislikes

    No Employee benefits. Salary lower than industry standards. No comp off. Politics (common in every organisation) No work from home.

    read more

    Full Time

     · 

    BFSI, Investments & Trading Department

    4.0
      •  posted on 27 Jul 2023

    5.0
     for  Salary and Benefits

    Likes

    HR support is very good.. Salary amd Incentive payout

    • Salary - Excellent
    • +2 more

    Dislikes

    Kotak is big brand to work but few of the Senior Managers made the work culture worst just for their benefits... They doesn't have feelings about the pain of employees.

    read more
    • Work satisfaction - Bad
    • +1 more
    see more salary related reviews

    Discover interview dos and don'ts from real experiences

    Kotak Mahindara Life Insurance Deputy Vice President Salary FAQs

    What is the salary of Deputy Vice President at Kotak Mahindara Life Insurance Ahmedabad?
    Deputy Vice President salary at Kotak Mahindara Life Insurance in Ahmedabad ranges between ₹18.0 Lakhs to ₹28.5 Lakhs for experience between 12 years to 21 years. According to our estimates it is 14% less than the average Deputy Vice President Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance Ahmedabad.
    How does the salary of a Deputy Vice President at Kotak Mahindara Life Insurance Ahmedabad compare with the average salary range for this job?
    The average salary of a Deputy Vice President at Kotak Mahindara Life Insurance is 14% less than the average salary of a Deputy Vice President in Ahmedabad. To know exact salary insights, login to view.
    Which similar companies are paying more than Kotak Mahindara Life Insurance to a Deputy Vice President in Ahmedabad?
    • Axis Bank Deputy Vice President Salary - ₹19.0 Lakhs to ₹50.0 Lakhs per year
    What is the salary of a Deputy Vice President in companies similar to Kotak Mahindara Life Insurance in Ahmedabad?
    • IndusInd Bank Deputy Vice President Salary - ₹19.4 Lakhs to ₹28.9 Lakhs per year
    • Kotak Mahindra Bank Deputy Vice President Salary - ₹19.9 Lakhs to ₹39.2 Lakhs per year
    • Kotak Securities Deputy Vice President Salary - ₹13.4 Lakhs to ₹30.0 Lakhs per year
    • HDFC Ergo General Insurance Deputy Vice President Salary - ₹22.0 Lakhs to ₹24.7 Lakhs per year
    What is the estimated take home salary of a Deputy Vice President at Kotak Mahindara Life Insurance in Ahmedabad?
    The estimated take-home salary of a Deputy Vice President at Kotak Mahindara Life Insurance ranges between ₹1,67,189 per month to ₹1,73,611 per month in Ahmedabad. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Deputy Vice President salary in India which ranges between ₹18.0 Lakhs to ₹28.5 Lakhs per year for employees with experience between 12 years to 21 years. Check how did we calculate take home salary?
    What is the notice period for Deputy Vice President at Kotak Mahindara Life Insurance in Ahmedabad?
    According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Deputy Vice Presidents in Ahmedabad reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Kotak Mahindara Life Insurance Deputy Vice President salary in Ahmedabad ranges between ₹18 Lakhs to ₹28.5 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.