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Kotak Mahindara Life Insurance Sales salaries in India

Annual salary range
0 - 8 years exp.
₹1 Lakh - ₹7.6 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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8% more than the average Sales Salary in Insurance Companies for 0 - 8 years of experience

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Last Updated: 20 Sep 2024

Companies similar to Kotak Mahindara Life Insurance for Sales

Company name Avg Annual Salary Open Jobs
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ICICI Prudential Life Insurance Sales Salary

0 - 5 years exp. (23 salaries)

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₹2 L/yr - ₹4.7 L/yr

arrow icon 20% less
2 job openings
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HDFC Life Sales Salary

0 - 6 years exp. (22 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 19% less
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SBI Life Insurance Company Sales Salary

1 - 13 years exp. (4 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 19% less
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Max Life Insurance Sales Salary

0 - 7 years exp. (13 salaries)

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₹1.3 L/yr - ₹4 L/yr

arrow icon 26% less
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Bajaj Allianz Life Insurance Sales Salary

0 - 8 years exp. (8 salaries)

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₹2.3 L/yr - ₹4.5 L/yr

arrow icon 9% more
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Reliance Nippon Life Insurance Sales Salary

0 - 16 years exp. (18 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 29% less
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 22% less
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PNB MetLife Sales Salary

0 - 7 years exp. (10 salaries)

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₹2.3 L/yr - ₹4.7 L/yr

arrow icon 18% less
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₹1 L/yr - ₹5 L/yr

arrow icon 41% less
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₹1.2 L/yr - ₹5.5 L/yr

arrow icon 36% less
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Star Health & Allied Insurance Sales Salary

0 - 8 years exp. (10 salaries)

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₹1.5 L/yr - ₹3 L/yr

arrow icon 37% less
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HDFC Ergo General Insurance Sales Salary

0 - 3 years exp. (6 salaries)

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₹2.1 L/yr - ₹3.6 L/yr

arrow icon 24% less
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SBI General Insurance Sales Salary

2 - 14 years exp. (4 salaries)

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₹1.1 L/yr - ₹7.9 L/yr

arrow icon 17% more
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Care Health Insurance Sales Salary

1 - 4 years exp. (5 salaries)

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₹3.2 L/yr - ₹5 L/yr

arrow icon 5% more
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Shriram Life Insurance Sales Salary

0 - 16 years exp. (3 salaries)

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₹1.2 L/yr - ₹4.6 L/yr

arrow icon 25% less
Sales salary at Kotak Mahindara Life Insurance ranges between ₹1 Lakh to ₹7.6 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Sales

1y ago
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1 year exp.
1y ago
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2 years exp.

Experience wise Kotak Mahindara Life Insurance Sales salaries

Last Updated: 20 Sep 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹1 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹5.3 L/yr
2 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.9 L/yr
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹6.5 L/yr
4 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹7 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Sales Manager Salary
(544 salaries)
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₹2 L/yr - ₹6.28 L/yr
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₹2.5 L/yr - ₹5.2 L/yr
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₹1.8 L/yr - ₹7 L/yr
Branch Manager Salary
(200 salaries)
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₹4.5 L/yr - ₹13 L/yr
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₹2.15 L/yr - ₹10.3 L/yr
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₹3.75 L/yr - ₹8.5 L/yr
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₹3 L/yr - ₹6.8 L/yr
Cluster Manager Salary
(34 salaries)
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₹4.96 L/yr - ₹14.55 L/yr
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₹2.5 L/yr - ₹3.55 L/yr
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₹6.3 L/yr - ₹17.5 L/yr

Top skills at Kotak Mahindara Life Insurance for Sales

Sales Business Development Life Insurance Direct Sales B2B Sales

Salary related reviews for Kotak Mahindara Life Insurance

3.0

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.

  • Company culture - Good

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
  • Salary - Bad
  • +2 more

Full Time

 · 

Other Department

5.0
  •  posted on 27 Jun 2022

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 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..

read more

Dislikes

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

  • Salary - Bad
  • +6 more

Life Insurance Department

5.0
  •  posted on 22 Apr 2022

4.0
 for  Salary and Benefits

Likes

...mates and manager also supportive and bring out best. Company policies are good. Get good salary hike and incentives.

read more
  • Salary - Good
  • +6 more

Dislikes

There is nothing to say dislikes in our organization. From hr, manager, teammates all are very helpful always. In matters of career growth it will be little slow.

read more

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.

  • Salary - Good
  • +5 more

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.

read more
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Kotak Mahindara Life Insurance Sales Salary FAQs

What is the salary of Sales at Kotak Mahindara Life Insurance?
Sales salary at Kotak Mahindara Life Insurance in India ranges between ₹1.0 Lakhs to ₹7.6 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 8% more than the average Sales Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Sales at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Sales at Kotak Mahindara Life Insurance is 8% more than the average salary of a Sales in India. To know exact salary insights, login to view.
What are the top skills required to work as a Sales at Kotak Mahindara Life Insurance?
Sales, Business Development, Life Insurance, Direct Sales and B2B Sales are some of the popular skills required to work as a Sales at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Sales in India?
  • SBI General Insurance Sales Salary - ₹1.1 Lakhs to ₹7.9 Lakhs per year
  • Bajaj Allianz Life Insurance Sales Salary - ₹2.3 Lakhs to ₹4.5 Lakhs per year
  • Care Health Insurance Sales Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year
What is the salary of a Sales in companies similar to Kotak Mahindara Life Insurance in India?
  • PNB MetLife Sales Salary - ₹2.3 Lakhs to ₹4.7 Lakhs per year
  • SBI Life Insurance Company Sales Salary - ₹1.2 Lakhs to ₹4.0 Lakhs per year
  • HDFC Life Sales Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
  • ICICI Prudential Life Insurance Sales Salary - ₹2.0 Lakhs to ₹4.7 Lakhs per year
  • Aditya Birla Sun Life Insurance Sales Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Sales at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Sales at Kotak Mahindara Life Insurance ranges between ₹28,783 per month to ₹30,166 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Sales salary in India which ranges between ₹1.0 Lakhs to ₹7.6 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for Sales at Kotak Mahindara Life Insurance?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Saless reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Sales salary in India ranges between ₹1 Lakh to ₹7.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.