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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Financial Advisor salaries in Mumbai

Annual salary range
0 - 4 years exp.
₹1.5 Lakh - ₹6 Lakhs
Salary of majority employees
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17% less than the average Financial Advisor Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Financial Advisor Salary
0 - 2 years exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹3.8 L/yr

Finance & Accounting
Financial Advisor Salary
1 year exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.4 L/yr

Last Updated: 20 Sep 2024

Companies similar to Kotak Mahindara Life Insurance for Financial Advisor in Mumbai

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Kotak Mahindara Life Insurance Financial Advisor Salary

0 - 4 years exp. (7 salaries)

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₹1.5 L/yr - ₹6 L/yr

vs
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₹2 L/yr - ₹6 L/yr

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HDFC Life Financial Advisor Salary

1 - 4 years exp. (4 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 15% less
1 job opening
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Max Life Insurance Financial Advisor Salary

2 - 8 years exp. (5 salaries)

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₹2.2 L/yr - ₹4 L/yr

arrow icon 10% less
1 job opening
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₹2 L/yr - ₹5 L/yr

arrow icon 19% less
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₹1.6 L/yr - ₹5.5 L/yr

arrow icon 6% less
1 job opening
Financial Advisor salary at Kotak Mahindara Life Insurance ranges between ₹1.5 Lakh to ₹6 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Financial Advisor in Mumbai

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1 year exp.
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1 year exp.
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Experience wise Kotak Mahindara Life Insurance Financial Advisor salaries in Mumbai

Last Updated: 20 Sep 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3 L/yr - ₹5.8 L/yr
1 year  (3 salaries)

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₹3 L/yr - ₹6.1 L/yr
2 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹6 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹3 L/yr - ₹10 L/yr
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₹3 L/yr - ₹8.75 L/yr
Team Lead Salary
(7 salaries)
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₹2.4 L/yr - ₹6 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

4.0

Rated by 1 employees for salary & benefits

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

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Dislikes

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

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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

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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.

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Dislikes

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

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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.

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Dislikes

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

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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.

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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

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Kotak Mahindara Life Insurance Financial Advisor Salary FAQs

What is the salary of Financial Advisor at Kotak Mahindara Life Insurance Mumbai?
Financial Advisor salary at Kotak Mahindara Life Insurance in Mumbai ranges between ₹1.5 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 17% less than the average Financial Advisor Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindara Life Insurance Mumbai.
How does the salary of a Financial Advisor at Kotak Mahindara Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Financial Advisor at Kotak Mahindara Life Insurance is 17% less than the average salary of a Financial Advisor in Mumbai. To know exact salary insights, login to view.
What is the salary of a Financial Advisor in companies similar to Kotak Mahindara Life Insurance in Mumbai?
  • ICICI Prudential Life Insurance Financial Advisor Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
  • Motilal Oswal Financial Services Financial Advisor Salary - ₹1.6 Lakhs to ₹5.5 Lakhs per year
  • Max Life Insurance Financial Advisor Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year
  • HDFC Life Financial Advisor Salary - ₹1.5 Lakhs to ₹5.0 Lakhs per year
  • Life Insurance Corporation of India Financial Advisor Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Financial Advisor at Kotak Mahindara Life Insurance in Mumbai?
The estimated take-home salary of a Financial Advisor at Kotak Mahindara Life Insurance ranges between ₹27,211 per month to ₹28,617 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Financial Advisor salary in India which ranges between ₹1.5 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Financial Advisor at Kotak Mahindara Life Insurance in Mumbai?
According to AmbitionBox, 50% of the Kotak Mahindara Life Insurance Financial Advisors in Mumbai reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Financial Advisor salary in Mumbai ranges between ₹1.5 Lakh to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.