Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary37% less than the average Financial Advisor Salary in Insurance Companies for 0 - 6 years of experience
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Salaries in different departments
Finance & Accounting
Financial Advisor Salary
1 - 6
years
exp.
(11
salaries)
|  ₹2 L/yr - ₹5.5 L/yr |
Sales & Business Development
Financial Advisor Salary
1 - 3
years
exp.
(4
salaries)
| ₹2 L/yr - ₹3.5 L/yr |
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| |
BFSI, Investments & Trading
Financial Advisor Salary
0 - 5
years
exp.
(3
salaries)
| ₹1.5 L/yr - ₹3 L/yr |
Customer Success, Service & Operations
Financial Advisor Salary
0 - 6
years
exp.
(3
salaries)
| ₹2 L/yr - ₹4 L/yr |
UX, Design & Architecture
Financial Advisor Salary
3 - 5
years
exp.
(3
salaries)
| ₹2.8 L/yr - ₹4 L/yr |
Companies similar to Kotak Mahindara Life Insurance for Financial Advisor
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Financial Advisor Salary
0 - 7 years exp. (156 salaries) | ₹0.9 L/yr - ₹6.3 L/yr 
12%
more | |
 Axis Max Life Insurance Financial Advisor Salary
1 - 10 years exp. (100 salaries) | ₹1 L/yr - ₹8 L/yr
15%
more | 1 job opening |
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| ||
 HDFC Life Financial Advisor Salary
0 - 10 years exp. (77 salaries) | ₹1.2 L/yr - ₹6 L/yr
6%
more | |
 SBI Life Insurance Company Financial Advisor Salary
0 - 6 years exp. (47 salaries) | ₹0.7 L/yr - ₹4.1 L/yr 
10%
less | |
 Tata AIA Life Insurance Financial Advisor Salary
1 - 15 years exp. (23 salaries) | ₹1.2 L/yr - ₹6 L/yr
38%
more | |
 Aditya Birla Sun Life Insurance Financial Advisor Salary
0 - 4 years exp. (18 salaries) | ₹0.6 L/yr - ₹4.1 L/yr
11%
less | |
 Reliance Nippon Life Insurance Financial Advisor Salary
0 - 4 years exp. (15 salaries) | ₹1.1 L/yr - ₹2.4 L/yr
33%
less | |
 Shriram Life Insurance Financial Advisor Salary
0 - 3 years exp. (8 salaries) | ₹1.7 L/yr - ₹2.5 L/yr
36%
less | |
 Gallagher Financial Advisor Salary
0 - 3 years exp. (4 salaries) | ₹9 L/yr - ₹13.5 L/yr
263%
more | |
 ICICI Lombard General Insurance Company Financial Advisor Salary
2 - 5 years exp. (4 salaries) | ₹2.2 L/yr - ₹5.5 L/yr
58%
more | |
 Star Health & Allied Insurance Financial Advisor Salary
1 - 4 years exp. (4 salaries) | ₹1.6 L/yr - ₹3.3 L/yr At par | |
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| ||
 Empower Financial Advisor Salary
5 - 7 years exp. (3 salaries) | ₹5.5 L/yr - ₹6 L/yr
94%
more | |
Latest annual salaries shared by Kotak Mahindara Life Insurance Financial Advisor
Experience wise Kotak Mahindara Life Insurance Financial Advisor salaries
Last Updated: 2 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (5 salaries) |
₹1.8
L/yr
- ₹3
L/yr
|
| 1 year (9 salaries) |
₹1
L/yr
- ₹3.6
L/yr
|
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| |
| 2 years (7 salaries) |
₹1.5
L/yr
- ₹6
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹2
L/yr
- ₹4
L/yr
|
| 4 years (4 salaries) |
₹2
L/yr
- ₹8
L/yr
|
Similar Designation salaries in Kotak Mahindara Life Insurance
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Kotak Mahindara Life Insurance Financial Advisor Salary FAQs
The top 10% of Financial Advisor at Kotak Mahindara Life Insurance earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Financial Advisor Salaries at Kotak Mahindara Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 40+ Kotak Mahindara Life Insurance employees in India.
| Gallagher | ₹9.0 Lakhs to ₹13.5 Lakhs per year |
| Empower | ₹5.5 Lakhs to ₹6.0 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹2.2 Lakhs to ₹5.5 Lakhs per year |
| Tata AIA Life Insurance | ₹1.2 Lakhs to ₹6.0 Lakhs per year |
| Axis Max Life Insurance | ₹1.0 Lakhs to ₹8.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.
| ICICI Prudential Life Insurance | ₹0.9 Lakhs to ₹6.3 Lakhs per year |
| HDFC Life | ₹1.2 Lakhs to ₹6.0 Lakhs per year |
| Star Health & Allied Insurance | ₹1.6 Lakhs to ₹3.3 Lakhs per year |
| SBI Life Insurance Company | ₹0.7 Lakhs to ₹4.1 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹0.6 Lakhs to ₹4.1 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹1.8 Lakhs to ₹3.0 Lakhs per year |
| 1 year | ₹1.0 Lakhs to ₹3.6 Lakhs per year |
| 2 years | ₹1.5 Lakhs to ₹6.0 Lakhs per year |
| 3 years | ₹2.0 Lakhs to ₹4.0 Lakhs per year |
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Kotak Mahindara Life Insurance Financial Advisor Salaries by Location
- Kotak Mahindara Life Insurance Financial Advisor salaries in Kolkata
- Kotak Mahindara Life Insurance Financial Advisor salaries in Mumbai
- Kotak Mahindara Life Insurance Financial Advisor salaries in Bangalore / Bengaluru
- Kotak Mahindara Life Insurance Financial Advisor salaries in New Delhi
- Kotak Mahindara Life Insurance Financial Advisor salaries in Dharwad
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Kotak Mahindara Life Insurance Financial Advisor salary
in
India
ranges between ₹1
Lakh to ₹8
Lakhs with an average annual salary of
₹. Salary estimates are based on
40
Kotak Mahindara Life Insurance latest salaries received from various employees of
Kotak Mahindara Life Insurance.