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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Salaries in New Delhi

based on 953 latest salaries
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BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Marketing & Communication + 6 more
Designation Avg Annual Salary Open Jobs
0 - 10 years exp. · New Delhi (135 salaries)
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₹2.5 L/yr - ₹6 L/yr

9 job openings
0 - 10 years exp. · New Delhi (68 salaries)
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₹3 L/yr - ₹5 L/yr

5 job openings
1 - 9 years exp. · New Delhi (48 salaries)
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₹3.2 L/yr - ₹5.5 L/yr

4 - 15 years exp. · New Delhi (32 salaries)
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₹4.5 L/yr - ₹13.2 L/yr

1 job opening
Starting your career? Discover Kotak Mahindara Life Insurance fresher salaries in India
0 - 7 years exp. · New Delhi (20 salaries)
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₹2 L/yr - ₹5 L/yr

6 job openings
0 - 1 year exp. · New Delhi (20 salaries)
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₹3 L/yr - ₹6 L/yr

5 - 18 years exp. · New Delhi (18 salaries)
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₹7.5 L/yr - ₹11.5 L/yr

0 - 5 years exp. · New Delhi (16 salaries)
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₹3.2 L/yr - ₹4.3 L/yr

1 - 8 years exp. · New Delhi (14 salaries)
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₹3 L/yr - ₹5 L/yr

5 - 11 years exp. · New Delhi (13 salaries)
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₹5.2 L/yr - ₹8 L/yr

12 - 18 years exp. · New Delhi (12 salaries)
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₹9 L/yr - ₹24.2 L/yr

13 - 20 years exp. · New Delhi (11 salaries)
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₹19.5 L/yr - ₹35 L/yr

3 - 10 years exp. · New Delhi (8 salaries)
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₹4.2 L/yr - ₹5.8 L/yr

2 - 6 years exp. · New Delhi (8 salaries)
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₹3.3 L/yr - ₹4.5 L/yr

0 - 4 years exp. · New Delhi (7 salaries)
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₹3.3 L/yr - ₹4.6 L/yr

5 - 12 years exp. · New Delhi (7 salaries)
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₹3.7 L/yr - ₹7.5 L/yr

5 job openings
6 - 12 years exp. · New Delhi (7 salaries)
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₹5.3 L/yr - ₹8.5 L/yr

3 - 7 years exp. · New Delhi (6 salaries)
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₹2.4 L/yr - ₹3.9 L/yr

5 - 9 years exp. · New Delhi (6 salaries)
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₹9 L/yr - ₹13 L/yr

0 - 5 years exp. · New Delhi (6 salaries)
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₹1.9 L/yr - ₹3.4 L/yr

Last Updated: 14 Dec, 2024

Salary related reviews for Kotak Mahindara Life Insurance

3.3

Rated by 132 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 Nov 2024

1.0
 for  Salary and Benefits

Likes

people friendly

Dislikes

no gifts or bonus in diwali, every small to small companies atleast gives something as a gift on diwali, working allowance on non working saturdays and extended hours are so less, its just 300 which is below par

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Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 14 May 2024

1.0
 for  Salary and Benefits

Likes

Job Security

Dislikes

Top Most Management in this company is worst; decision-making skills are very low Salary packages are very low for junior profiles but there work load is huge as compared with there senior profiles. Zero salary hikes and annual bonuses also depend on your boss; if he wants to give you 100,000, you will get it; if he wants to give you 10,000, that is your bonus. Huge package difference between senior boss and junior employees (ex., senior . Sr. boss package is above 30 Lacs but junior package is below 5 Lacs), Very little appreciation employees

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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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Sales & Business Development Department

5.0
  •  posted on 27 Jun 2020

5.0
 for  Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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Dislikes

There is a lot of politics and tge management doesn't matter address our issue. Salary is decent time but career growth is slow.

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Human Resources Department

4.0
  •  posted on 27 Sep 2019

2.0
 for  Salary and Benefits

Likes

...in entire career. There was no career growth for employees who were on off-role. Salary was very disturbing.

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Dislikes

KLI more believes in Monkey Management, which results in attrition at lower level. P.S I have worked at Branch level, there might be different seen at corporate level.

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Kotak Mahindara Life Insurance Salary FAQs

How much does Kotak Mahindara Life Insurance pay per year?
The average Kotak Mahindara Life Insurance salary ranges from approximately ₹1 Lakh to ₹2 Lakhs per year for a Back Office Computer Operator and ₹69 Lakhs to ₹98 Lakhs per year for a Executive Vice President. Salary estimates are based on 953 Kotak Mahindara Life Insurance salaries received from various employees of Kotak Mahindara Life Insurance. Kotak Mahindara Life Insurance employees rate the overall salary and benefits package 3.3/5 stars.
What is the highest salary in Kotak Mahindara Life Insurance?
The highest-paying job at Kotak Mahindara Life Insurance is a Executive Vice President with a salary of ₹69 Lakhs to ₹98 Lakhs per year. The top 10% of employees earn more than ₹10.69 lakhs per year. The top 1% earn more than a whopping ₹31.97 lakhs per year.
What is the minimum salary in Kotak Mahindara Life Insurance?
Minimum salary at Kotak Mahindara Life Insurance depends on the role you are applying for. For Assistant Manager the minimum salary is ₹1.8 Lakh to ₹4.8 Lakhs per year, and for Management Trainee the minimum salary is ₹1 Lakh to ₹8.6 Lakhs per year and so on.
What is the salary package for freshers in Kotak Mahindara Life Insurance?
The average salary at Kotak Mahindara Life Insurance for freshers varies from ₹0.7 Lakh to ₹2.5 Lakhs per year for Telecaller and ₹7.5 Lakhs to ₹15.5 Lakhs per year for Chief Manager.
What is the notice period at Kotak Mahindara Life Insurance in New Delhi?
According to AmbitionBox, 30% of the Kotak Mahindara Life Insurance employees in New Delhi reported a notice period of 1 Month, 27% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 633 responses on AmbitionBox in last 2 years.

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Average annual salary in Kotak Mahindara Life Insurance , New Delhi is INRunlock blur . Salary estimates are based on 953 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

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