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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Deputy Vice President salaries in Kolkata

Annual salary range
14 - 21 years exp.
₹13.5 Lakhs - ₹29 Lakhs
Salary of majority employees
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22% less than the average Deputy Vice President Salary in Insurance Companies for 14 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Vice President Salary
14 - 19 years exp. (10 salaries)
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₹13.6 L/yr - ₹29 L/yr

Sales & Business Development
Deputy Vice President Salary
15 - 21 years exp. (3 salaries)
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₹13.5 L/yr - ₹24.8 L/yr

Last Updated: 21 Aug 2024

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

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Kotak Mahindara Life Insurance Deputy Vice President Salary

14 - 21 years exp. (13 salaries)

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₹13.5 L/yr - ₹29 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹20.5 L/yr - ₹33.3 L/yr

arrow icon 22% more
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Bandhan Bank Deputy Vice President Salary

12 - 21 years exp. (64 salaries)

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₹14 L/yr - ₹45 L/yr

arrow icon 29% more
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Axis Bank Deputy Vice President Salary

14 - 25 years exp. (60 salaries)

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₹15.8 L/yr - ₹53 L/yr

arrow icon 26% more
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HDFC Bank Deputy Vice President Salary

13 - 23 years exp. (23 salaries)

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₹25 L/yr - ₹43 L/yr

arrow icon 45% more
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IndusInd Bank Deputy Vice President Salary

10 - 22 years exp. (15 salaries)

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₹16 L/yr - ₹33 L/yr

arrow icon 2% less
Deputy Vice President salary at Kotak Mahindara Life Insurance ranges between ₹13.5 Lakhs to ₹29 Lakhs per year for employees with experience between 14 years to 21 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 Vice President in Kolkata

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15 years exp.
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17 years exp.
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15 years exp.
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19 years exp.
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19 years exp.
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16 years exp.
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15 years exp.
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16 years exp.
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14 years exp.
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14 years exp.

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

Last Updated: 21 Aug 2024

Experience Avg Annual Salary
14 years  (3 salaries)

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₹13.6 L/yr - ₹45.6 L/yr
15+ years  (10 salaries)

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₹13.5 L/yr - ₹29 L/yr
Kotak Mahindara Life Insurance Deputy Vice President Salary and Career Growth

From

To

Deputy Vice President

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13 - 21 years exp.

Senior Vice President

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13 - 24 years exp.

Deputy Vice President 13 - 21 years exp.
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Vice President 14 - 21 years exp.
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arrow icon 24% hike
    Senior Vice President 13 - 24 years exp.
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    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
    (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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    ₹8 L/yr - ₹18.62 L/yr

    Salary related reviews for Kotak Mahindara Life Insurance

    3.2

    Rated by 2 employees for salary & benefits

    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

    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

    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

     · 

    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.

    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

    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

    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..

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    Kotak Mahindara Life Insurance Deputy Vice President Salary FAQs

    What is the salary of Deputy Vice President at Kotak Mahindara Life Insurance Kolkata?
    Deputy Vice President salary at Kotak Mahindara Life Insurance in Kolkata ranges between ₹13.5 Lakhs to ₹29.0 Lakhs for experience between 14 years to 21 years. According to our estimates it is 22% less than the average Deputy Vice President Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindara Life Insurance Kolkata.
    How does the salary of a Deputy Vice President at Kotak Mahindara Life Insurance Kolkata compare with the average salary range for this job?
    The average salary of a Deputy Vice President at Kotak Mahindara Life Insurance is 22% less than the average salary of a Deputy Vice President in Kolkata. 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 Kolkata?
    • HDFC Bank Deputy Vice President Salary - ₹25.0 Lakhs to ₹43.0 Lakhs per year
    • Bandhan Bank Deputy Vice President Salary - ₹14.0 Lakhs to ₹45.0 Lakhs per year
    • Axis Bank Deputy Vice President Salary - ₹15.8 Lakhs to ₹53.0 Lakhs per year
    • HDFC Ergo General Insurance Deputy Vice President Salary - ₹20.5 Lakhs to ₹33.3 Lakhs per year
    What is the salary of a Deputy Vice President in companies similar to Kotak Mahindara Life Insurance in Kolkata?
    • IndusInd Bank Deputy Vice President Salary - ₹16.0 Lakhs to ₹33.0 Lakhs per year
    What is the estimated take home salary of a Deputy Vice President at Kotak Mahindara Life Insurance in Kolkata?
    The estimated take-home salary of a Deputy Vice President at Kotak Mahindara Life Insurance ranges between ₹1,57,289 per month to ₹1,63,264 per month in Kolkata. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Deputy Vice President salary in India which ranges between ₹13.5 Lakhs to ₹29.0 Lakhs per year for employees with experience between 14 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 Kolkata?
    According to AmbitionBox, 86% of the Kotak Mahindara Life Insurance Deputy Vice Presidents in Kolkata reported a notice period of 3 Months, 14% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Kotak Mahindara Life Insurance Deputy Vice President salary in Kolkata ranges between ₹13.5 Lakhs to ₹29 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.