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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance LA salaries in India

Annual salary range
0 - 1 year exp.
₹0.5 Lakh - ₹2 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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53% less than the average LA Salary in Insurance Companies for 0 - 1 year of experience

Interested in this particular role?

Salaries in different departments

Marketing & Communication
LA Salary
Fresher (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.2 L/yr

UX, Design & Architecture
LA Salary
Fresher (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.1 L/yr

Last Updated: 12 Mar 2023

Companies similar to Kotak Mahindara Life Insurance for LA

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HDFC Life LA Salary

1 - 2 years exp. (3 salaries)

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₹1.8 L/yr - ₹2.5 L/yr

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Aye Finance LA Salary

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CGI Group LA Salary

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₹13.6 L/yr - ₹26 L/yr

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Ghv India LA Salary

2 - 6 years exp. (3 salaries)

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₹2.4 L/yr - ₹3.4 L/yr

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LA salary at Kotak Mahindara Life Insurance ranges between ₹0.5 Lakh to ₹2 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance LA

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1 year exp.
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1 year exp.
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Experience wise Kotak Mahindara Life Insurance LA salaries

Last Updated: 12 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)

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₹0.5 L/yr - ₹1.8 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

1.8

Rated by 2 employees for salary & benefits

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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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 18 Nov 2024

1.0
 for  Salary and Benefits

Likes

work life balance and the culture of the organization

Dislikes

Salary not up to the mark. not paid as per industry standard. additional branches, additional works given without proper hike in salary. Branches have poor depressing culture, no celebration, revenue generating teams at branches are recognized, not the backend teams irrespective of their contribution to the success. Overall branches are not happy place to work.

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Full Time

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Sales & Business Development Department

2.0
  •  posted on 01 May 2024

2.0
 for  Salary and Benefits

Likes

Nothing good to write about.

Dislikes

Can't even count the dislikes. 1. You are never sure that you will get your salary on time. HR can (by mistake) mistakes at time of salary credit. 2. Upper management lies alot. 3. You wont learn anything, if u have ideas of growth and benificial for the company (Forget It) 4. HR is just a word, the people of the department don't know what HR does for a change. 5. You will be promissed alot of things at time of joining, rest assured they are just a myth. This list can go on and on, i just don't wanna waste my time on them anymore.

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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

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Kotak Mahindara Life Insurance LA Salary FAQs

What is the salary of LA at Kotak Mahindara Life Insurance?
LA salary at Kotak Mahindara Life Insurance in India ranges between ₹0.5 Lakhs to ₹2.0 Lakhs for less than 1 year of experience. According to our estimates it is 53% less than the average LA Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a LA at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a LA at Kotak Mahindara Life Insurance is 53% less than the average salary of a LA in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a LA in India?
  • CGI Group LA Salary - ₹13.6 Lakhs to ₹26.0 Lakhs per year
  • Ghv India LA Salary - ₹2.4 Lakhs to ₹3.4 Lakhs per year
  • Aye Finance LA Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year
  • HDFC Life LA Salary - ₹1.8 Lakhs to ₹2.5 Lakhs per year
What is the estimated take home salary of a LA at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a LA at Kotak Mahindara Life Insurance ranges between ₹9,231 per month to ₹10,245 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance LA salary in India which ranges between ₹0.5 Lakhs to ₹2.0 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?

Tell us how to improve this page.

Kotak Mahindara Life Insurance LA salary in India ranges between ₹0.5 Lakh to ₹2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.