Kotak Mahindara Life Insurance Bangalore / Bengaluru Financial Advisor Salaries by 6 Employees (Updated 2025)

1 - 6 years exp.

₹1 Lakh - ₹2.5 Lakhs

Salary of majority employees

62% less than the average Financial Advisor Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Financial Advisor Salary 2 - 6 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
Sales & Business Development Financial Advisor Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹1 L/yr - ₹2 L/yr
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BFSI, Investments & Trading Financial Advisor Salary 5 years exp. (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr

Last Updated: 29 Jan 2025

Companies similar to Kotak Mahindara Life Insurance for Financial Advisor in Bangalore / Bengaluru

Kotak Mahindara Life Insurance Financial Advisor Salary

1 - 6 years exp. (6 salaries)

₹1 L/yr - ₹2.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Financial Advisor Salary 0 - 4 years exp. (20 salaries)	₹1.1 L/yr - ₹6.1 L/yr 98% more
HDFC Life Financial Advisor Salary 1 - 5 years exp. (6 salaries)	₹2 L/yr - ₹5 L/yr 61% more
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SBI Life Insurance Company Financial Advisor Salary 1 - 5 years exp. (5 salaries)	₹2.2 L/yr - ₹3.6 L/yr 52% more
Max Life Insurance Financial Advisor Salary 0 - 11 years exp. (7 salaries)	₹2 L/yr - ₹5.5 L/yr 98% more	1 job opening
Life Insurance Corporation of India Financial Advisor Salary 0 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹3.5 L/yr 48% more
Empower Financial Advisor Salary 5 - 7 years exp. (3 salaries)	₹5.5 L/yr - ₹6 L/yr 204% more

Financial Advisor salary at Kotak Mahindara Life Insurance ranges between ₹1 Lakh to ₹2.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Financial Advisor salaries in Bangalore / Bengaluru

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹2.7 L/yr
2 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr
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3 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.6 L/yr

View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Management Trainee Salary

(15 salaries)

₹2.8 L/yr - ₹6 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

4.0

Rated by 1 employees for salary & benefits

Financial Advisor in Kolkata

BFSI, Investments & Trading Department

3.0

• posted on 03 Apr 2020

3.0

for Salary and Benefits

Likes

if u not find any job but trying & searching that time this type of company give you sum boost to move..........otherwise no need to go

Skill development - Good

+1 more

Dislikes

salary depend your business......not fixed..........if you not find any business then your salary will be zero...........very pathetic

Job security - Poor

+1 more

Deputy Manager in Mumbai

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

Skill development - Poor

+4 more

Deputy Manager in Thane

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

Salary - Poor

+5 more

Management Trainee in Chhatisgarh

Full Time

Marketing & Communication Department

4.0

• posted on 08 May 2021

4.0

for Salary and Benefits

Likes

It is all about leadership. If you are good in recruitment then you will more success and financial compensation also.

Salary - Good

+6 more

Dislikes

Senior managers are not available all times so you handle alone and spoil resource coz lack of knowledge and experiences

Deputy Manager in Mumbai

BFSI, Investments & Trading Department

4.0

• posted on 16 Jun 2020

2.0

for Salary and Benefits

Likes

...fe.Team mates are supportive. This is the second appraisal but mine is not done. Till now no salary hike which demotivate employee .work culture is good.

Skill development - Good

+1 more

Dislikes

Politics.low or no salary hike. Appraise are not done fairly. No defined timing to work.

Salary - Poor

+1 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindara Life Insurance Financial Advisor Salary FAQs

What is the salary of Financial Advisor at Kotak Mahindara Life Insurance Bangalore / Bengaluru?

Financial Advisor salary at Kotak Mahindara Life Insurance in Bangalore / Bengaluru ranges between ₹1.0 Lakhs to ₹2.5 Lakhs for experience between 1 years to 6 years. According to our estimates it is 62% less than the average Financial Advisor Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance Bangalore / Bengaluru.

How does the salary of a Financial Advisor at Kotak Mahindara Life Insurance Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Financial Advisor at Kotak Mahindara Life Insurance is 62% less than the average salary of a Financial Advisor in Bangalore / Bengaluru. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindara Life Insurance to a Financial Advisor in Bangalore / Bengaluru?

Empower Financial Advisor Salary - ₹5.5 Lakhs to ₹6.0 Lakhs per year
Max Life Insurance Financial Advisor Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
ICICI Prudential Life Insurance Financial Advisor Salary - ₹1.1 Lakhs to ₹6.1 Lakhs per year
HDFC Life Financial Advisor Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
SBI Life Insurance Company Financial Advisor Salary - ₹2.2 Lakhs to ₹3.6 Lakhs per year

What is the salary of a Financial Advisor in companies similar to Kotak Mahindara Life Insurance in Bangalore / Bengaluru?

Life Insurance Corporation of India Financial Advisor Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Financial Advisor at Kotak Mahindara Life Insurance in Bangalore / Bengaluru?

The estimated take-home salary of a Financial Advisor at Kotak Mahindara Life Insurance ranges between ₹13,187 per month to ₹14,597 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Financial Advisor salary in India which ranges between ₹1.0 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Financial Advisor at Kotak Mahindara Life Insurance in Bangalore / Bengaluru?

According to AmbitionBox, 83% of the Kotak Mahindara Life Insurance Financial Advisors in Bangalore / Bengaluru reported a notice period of 15 days or less, 17% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Financial Advisor Salaries in Bangalore / Bengaluru

Kotak Mahindara Life Insurance Financial Advisor salary in Bangalore / Bengaluru ranges between ₹1 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

Kotak Mahindara Life Insurance Financial Advisor salaries in Bangalore / Bengaluru

Companies similar to Kotak Mahindara Life Insurance for Financial Advisor in Bangalore / Bengaluru

Latest annual salaries shared by Kotak Mahindara Life Insurance Financial Advisor in Bangalore / Bengaluru

Experience wise Kotak Mahindara Life Insurance Financial Advisor salaries in Bangalore / Bengaluru

Similar Designation salaries in Kotak Mahindara Life Insurance

Salary related reviews for Kotak Mahindara Life Insurance

Financial Advisor in Kolkata

Deputy Manager in Mumbai

Deputy Manager in Thane

Management Trainee in Chhatisgarh

Deputy Manager in Mumbai

Kotak Mahindara Life Insurance Financial Advisor Salary FAQs

Tell us how to improve this page.