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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Key Relationship Manager salaries in Bangalore / Bengaluru

Annual salary range
0 - 1 year exp.
₹2.8 Lakhs - ₹3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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37% less than the average Key Relationship Manager Salary in Insurance Companies for 0 - 1 year of experience

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Salaries in different departments

Engineering - Software & QA
Key Relationship Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3 L/yr

Marketing & Communication
Key Relationship Manager Salary
Fresher (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3 L/yr

Sales & Business Development
Key Relationship Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3 L/yr

Last Updated: 14 Oct 2024

Companies similar to Kotak Mahindara Life Insurance for Key Relationship Manager in Bangalore / Bengaluru

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Kotak Mahindara Life Insurance Key Relationship Manager Salary

0 - 1 year exp. (3 salaries)

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₹2.8 L/yr - ₹3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹6.1 L/yr

arrow icon 80% more
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₹3.9 L/yr - ₹4 L/yr

arrow icon 37% more
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₹2.2 L/yr - ₹2.5 L/yr

arrow icon 17% less
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₹5 L/yr - ₹5.8 L/yr

arrow icon 82% more
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₹3.9 L/yr - ₹5 L/yr

arrow icon 54% more
Key Relationship Manager salary at Kotak Mahindara Life Insurance ranges between ₹2.8 Lakhs to ₹3 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Key Relationship Manager in Bangalore / Bengaluru

2mo ago
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1 year exp.
10mo ago
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1 year exp.

Experience wise Kotak Mahindara Life Insurance Key Relationship Manager salaries in Bangalore / Bengaluru

Last Updated: 14 Oct 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.8 L/yr - ₹5.2 L/yr
1 year (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹2.25 L/yr - ₹5.5 L/yr
Branch Manager Salary
(25 salaries)
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₹5.3 L/yr - ₹11.12 L/yr
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₹5.4 L/yr - ₹6.05 L/yr
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₹3.5 L/yr - ₹4 L/yr
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₹14.64 L/yr - ₹22 L/yr

Top skills at Kotak Mahindara Life Insurance for Key Relationship Manager

Relationship Life Insurance Direct Sales Sales Corporate Field Sales direct marketing banca sales Insurance Sales Agency Sales Agency Channel

Salary related reviews for Kotak Mahindara Life Insurance

2.0

Rated by 1 employees for salary & benefits

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

 · 

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..

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Dislikes

I like nothing about them.. I m with my word..

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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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.

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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.

read more

Dislikes

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

read more
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Kotak Mahindara Life Insurance Key Relationship Manager Salary FAQs

What is the notice period for Key Relationship Manager at Kotak Mahindara Life Insurance in Bangalore / Bengaluru?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Key Relationship Managers in Bangalore / Bengaluru reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Key Relationship Manager salary in Bangalore / Bengaluru ranges between ₹2.8 Lakhs to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.