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 Divisional Sales Manager salaries in India

Annual salary range
3 - 19 years exp.
₹6.5 Lakhs - ₹22 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

9% less than the average Divisional Sales Manager Salary in Insurance Companies for 3 - 19 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Divisional Sales Manager Salary
19 years exp. (AmbitionBox Estimate)
unlock-blur

₹13.5 L/yr - ₹16.5 L/yr

Sales & Business Development
Divisional Sales Manager Salary
16 years exp. (AmbitionBox Estimate)
unlock-blur

₹11.4 L/yr - ₹14 L/yr

Last Updated: 17 Dec 2023

Companies similar to Kotak Mahindara Life Insurance for Divisional Sales Manager

Company name Avg Annual Salary Open Jobs
unlock blur

₹10 L/yr - ₹27 L/yr

arrow icon 19% more
Logo
Alkem Laboratories Divisional Sales Manager Salary

12 - 26 years exp. (146 salaries)

unlock blur

₹8 L/yr - ₹20.7 L/yr

arrow icon 14% more
Logo
Berger Paints Divisional Sales Manager Salary

10 - 23 years exp. (88 salaries)

unlock blur

₹16 L/yr - ₹36.2 L/yr

arrow icon 87% more
1 job opening
Logo
FDC Divisional Sales Manager Salary

15 - 24 years exp. (51 salaries)

unlock blur

₹8.5 L/yr - ₹15.8 L/yr

arrow icon 10% less
Logo
Eureka Forbes Divisional Sales Manager Salary

9 - 15 years exp. (46 salaries)

unlock blur

₹7.2 L/yr - ₹18 L/yr

arrow icon 22% less
Divisional Sales Manager salary at Kotak Mahindara Life Insurance ranges between ₹6.5 Lakhs to ₹22 Lakhs per year for employees with experience between 3 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Divisional Sales Manager

1y ago
avg blur mobile
15 years exp.
1y ago
avg blur mobile
3 years exp.
1y ago
avg blur mobile
16 years exp.
1y ago
avg blur mobile
19 years exp.

Experience wise Kotak Mahindara Life Insurance Divisional Sales Manager salaries

Last Updated: 17 Dec 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

unlock blur

₹5.9 L/yr - ₹7.5 L/yr
15+ years  (3 salaries)

unlock blur

₹12.7 L/yr - ₹22 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

unlock blur
₹2.5 L/yr - ₹5 L/yr
Sales Manager Salary
(526 salaries)
unlock blur
₹1.65 L/yr - ₹6 L/yr
Branch Manager Salary
(211 salaries)
unlock blur
₹4.5 L/yr - ₹12.81 L/yr
unlock blur
₹2 L/yr - ₹5.5 L/yr
unlock blur
₹2 L/yr - ₹10.76 L/yr
unlock blur
₹4.45 L/yr - ₹8.5 L/yr
unlock blur
₹3 L/yr - ₹6.77 L/yr
Cluster Manager Salary
(33 salaries)
unlock blur
₹4.96 L/yr - ₹12.5 L/yr
unlock blur
₹2.5 L/yr - ₹3.75 L/yr
unlock blur
₹3.5 L/yr - ₹6 L/yr

Top skills at Kotak Mahindara Life Insurance for Divisional Sales Manager

Team Handling Life Insurance agency B2C Team Leading Agency Sales Field Sales

Salary related reviews for Kotak Mahindara Life Insurance

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

 · 

Other Department

5.0
  •  posted on 27 Jun 2022

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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..

Life Insurance Department

5.0
  •  posted on 22 Apr 2022

4.0
 for  Salary and Benefits

Likes

...mates and manager also supportive and bring out best. Company policies are good. Get good salary hike and incentives.

read more

Dislikes

There is nothing to say dislikes in our organization. From hr, manager, teammates all are very helpful always. In matters of career growth it will be little slow.

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 Divisional Sales Manager Salary FAQs

What is the salary of Divisional Sales Manager at Kotak Mahindara Life Insurance?
Divisional Sales Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹6.5 Lakhs to ₹22.0 Lakhs for experience between 3 years to 19 years. According to our estimates it is 9% less than the average Divisional Sales Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Divisional Sales Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Divisional Sales Manager at Kotak Mahindara Life Insurance is 9% less than the average salary of a Divisional Sales Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Divisional Sales Manager at Kotak Mahindara Life Insurance?
Team Handling, Life Insurance, agency, B2C and Team Leading are some of the popular skills required to work as a Divisional Sales Manager at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Divisional Sales Manager in India?
  • Berger Paints Divisional Sales Manager Salary - ₹16.0 Lakhs to ₹36.2 Lakhs per year
  • SBI Life Insurance Company Divisional Sales Manager Salary - ₹10.0 Lakhs to ₹27.0 Lakhs per year
  • Alkem Laboratories Divisional Sales Manager Salary - ₹8.0 Lakhs to ₹20.7 Lakhs per year
What is the salary of a Divisional Sales Manager in companies similar to Kotak Mahindara Life Insurance in India?
  • FDC Divisional Sales Manager Salary - ₹8.5 Lakhs to ₹15.8 Lakhs per year
  • Eureka Forbes Divisional Sales Manager Salary - ₹7.2 Lakhs to ₹18.0 Lakhs per year
What is the estimated take home salary of a Divisional Sales Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Divisional Sales Manager at Kotak Mahindara Life Insurance ranges between ₹97,975 per month to ₹1,00,632 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Divisional Sales Manager salary in India which ranges between ₹6.5 Lakhs to ₹22.0 Lakhs per year for employees with experience between 3 years to 19 years. Check how did we calculate take home salary?
What is the notice period for Divisional Sales Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Divisional Sales Manager s reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Divisional Sales Manager salary in India ranges between ₹6.5 Lakhs to ₹22 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.