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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Graduate Trainee salaries in India

Annual salary range
0 - 1 year exp.
₹2 Lakhs - ₹3.5 Lakhs
Salary of majority employees
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33% less than the average Graduate Trainee Salary in Insurance Companies for 0 - 1 year of experience

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Salaries in different departments

Sales & Business Development
Graduate Trainee Salary
0 - 1 year exp. (4 salaries)
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₹2.5 L/yr - ₹2.6 L/yr

Finance & Accounting
Graduate Trainee Salary
Fresher (3 salaries)
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₹2.5 L/yr - ₹3 L/yr

BFSI, Investments & Trading
Graduate Trainee Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹3 L/yr

Last Updated: 31 Mar 2024

Companies similar to Kotak Mahindara Life Insurance for Graduate Trainee

Company name Avg Annual Salary Open Jobs
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HDFC Life Graduate Trainee Salary

0 - 1 year exp. (17 salaries)

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₹2.4 L/yr - ₹5 L/yr

arrow icon 24% more
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₹2.5 L/yr - ₹2.8 L/yr

arrow icon 3% more
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₹1.8 L/yr - ₹3.1 L/yr

arrow icon 5% less
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₹2.4 L/yr - ₹3.5 L/yr

arrow icon 17% more
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₹3.8 L/yr - ₹10 L/yr

arrow icon 195% more
Graduate Trainee salary at Kotak Mahindara Life Insurance ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 29 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Graduate Trainee

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Experience wise Kotak Mahindara Life Insurance Graduate Trainee salaries

Last Updated: 31 Mar 2024

Experience Avg Annual Salary
Fresher  (21 salaries)

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₹2 L/yr - ₹3 L/yr
1 year  (8 salaries)

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₹2 L/yr - ₹3.5 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Trainee Salary
(4 salaries)
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₹2 L/yr - ₹4.25 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
Supervisor Salary
(6 salaries)
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₹1.4 L/yr - ₹5 L/yr
Deputy Manager Salary
(859 salaries)
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₹2 L/yr - ₹5.69 L/yr
Officer Salary
(6 salaries)
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₹3 L/yr - ₹4.5 L/yr
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₹2.3 L/yr - ₹2.9 L/yr
Diploma Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr

Top skills at Kotak Mahindara Life Insurance for Graduate Trainee

Sales Field Work Field Sales Team Handling Life Insurance Customer Service bengali Relationship Management Jasper Reports Android malayalam Back Office Kannada Inward Organizational Management

Salary related reviews for Kotak Mahindara Life Insurance

2.9

Rated by 11 employees for salary & benefits

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

read more

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

read more

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.

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

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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."

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Kotak Mahindara Life Insurance Graduate Trainee Salary FAQs

What is the salary of Graduate Trainee at Kotak Mahindara Life Insurance?
Graduate Trainee salary at Kotak Mahindara Life Insurance in India ranges between ₹2.0 Lakhs to ₹3.5 Lakhs for less than 1 year of experience. According to our estimates it is 33% less than the average Graduate Trainee Salary in India. Salary estimates are based on 29 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Graduate Trainee at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Graduate Trainee at Kotak Mahindara Life Insurance is 33% less than the average salary of a Graduate Trainee in India. To know exact salary insights, login to view.
What are the top skills required to work as a Graduate Trainee at Kotak Mahindara Life Insurance?
Sales, Field Work, Field Sales, Team Handling and Life Insurance are some of the popular skills required to work as a Graduate Trainee at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Graduate Trainee in India?
  • Tata AIA Life Insurance Graduate Trainee Salary - ₹3.8 Lakhs to ₹10.0 Lakhs per year
  • HDFC Life Graduate Trainee Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
  • Kotak Mahindra General Insurance Graduate Trainee Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year
  • ICICI Prudential Life Insurance Graduate Trainee Salary - ₹2.5 Lakhs to ₹2.8 Lakhs per year
What is the salary of a Graduate Trainee in companies similar to Kotak Mahindara Life Insurance in India?
  • SBI Life Insurance Company Graduate Trainee Salary - ₹1.8 Lakhs to ₹3.1 Lakhs per year
What is the estimated take home salary of a Graduate Trainee at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Graduate Trainee at Kotak Mahindara Life Insurance ranges between ₹18,033 per month to ₹19,726 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Graduate Trainee salary in India which ranges between ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?
What is the notice period for Graduate Trainee at Kotak Mahindara Life Insurance?
According to AmbitionBox, 35% of the Kotak Mahindara Life Insurance Graduate Trainees reported a notice period of 1 Month, 30% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Graduate Trainee salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 29 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.