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Kotak Mahindara Life Insurance Sales Coordinator salaries in India

Annual salary range
1 - 6 years exp.
₹1.3 Lakh - ₹3.2 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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35% less than the average Sales Coordinator Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Sales Coordinator Salary
1 - 3 years exp. (3 salaries)
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₹2.3 L/yr - ₹3.2 L/yr

Food, Beverage & Hospitality
Sales Coordinator Salary
1 - 3 years exp. (3 salaries)
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₹1.5 L/yr - ₹2.5 L/yr

Last Updated: 30 Aug 2023

Companies similar to Kotak Mahindara Life Insurance for Sales Coordinator

Company name Avg Annual Salary Open Jobs
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₹1.7 L/yr - ₹3.4 L/yr

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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 58% more
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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 55% more
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₹1.8 L/yr - ₹3.6 L/yr

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₹0.6 L/yr - ₹2.5 L/yr

arrow icon 23% less
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₹2.2 L/yr - ₹3 L/yr

arrow icon 14% more
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₹2.1 L/yr - ₹5.1 L/yr

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₹1.2 L/yr - ₹3.1 L/yr

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₹2.3 L/yr - ₹6 L/yr

arrow icon 82% more
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₹2.2 L/yr - ₹3.2 L/yr

arrow icon 7% more
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₹2 L/yr - ₹3 L/yr

arrow icon 24% more
Sales Coordinator salary at Kotak Mahindara Life Insurance ranges between ₹1.3 Lakh to ₹3.2 Lakhs per year for employees with experience between 1 year to 6 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 Coordinator

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Experience wise Kotak Mahindara Life Insurance Sales Coordinator salaries

Last Updated: 30 Aug 2023

Experience Avg Annual Salary
1 year  (3 salaries)

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₹1.5 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr
3 years  (4 salaries)

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₹1.3 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.6 L/yr
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Similar Designation salaries in Kotak Mahindara Life Insurance

Sales Associate Salary
(10 salaries)
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₹1.8 L/yr - ₹2.5 L/yr
Sales Manager Salary
(563 salaries)
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₹2 L/yr - ₹6.22 L/yr
Sales Officer Salary
(8 salaries)
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₹1.5 L/yr - ₹4 L/yr
Sales Executive Salary
(35 salaries)
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₹0.8 L/yr - ₹5 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹25.7 L/yr - ₹32.8 L/yr
Area Manager Salary
(30 salaries)
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₹4.7 L/yr - ₹17.5 L/yr
Branch Manager Salary
(202 salaries)
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₹5 L/yr - ₹13 L/yr
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₹3.5 L/yr - ₹8.4 L/yr
Deputy Manager Salary
(764 salaries)
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₹2 L/yr - ₹5.69 L/yr
Territory Manager Salary
(AmbitionBox Estimate)
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₹14.2 L/yr - ₹18.2 L/yr

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

 · 

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
  • Skill development - Poor
  • +4 more

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

read more
  • Salary - Bad
  • +5 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..

  • Salary - Bad
  • +6 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
  • Salary - Poor
  • +5 more
see more salary related reviews

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Kotak Mahindara Life Insurance Sales Coordinator Salary FAQs

What is the salary of Sales Coordinator at Kotak Mahindara Life Insurance ?
The average salary of a Sales Coordinator at Kotak Mahindara Life Insurance in India typically ranges from ₹1.3 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Sales Coordinator at Kotak Mahindara Life Insurance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Sales Coordinator Salaries at Kotak Mahindara Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10 Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Sales Coordinator at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Sales Coordinator at Kotak Mahindara Life Insurance in India typically ranges from ₹14,960 to ₹16,524 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 1 year to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10 salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for Sales Coordinator in India?
Aditya Birla Sun Life Insurance ₹2.3 Lakhs to ₹6.0 Lakhs per year
Axis Max Life Insurance ₹1.5 Lakhs to ₹4.5 Lakhs per year
HDFC Ergo General Insurance ₹2.5 Lakhs to ₹4.5 Lakhs per year
Kotak Mahindra General Insurance ₹2.1 Lakhs to ₹5.1 Lakhs per year
Reliance Nippon Life Insurance ₹1.8 Lakhs to ₹3.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.
What is the salary of a Sales Coordinator in companies similar to Kotak Mahindara Life Insurance in India?
The salary of a Sales Coordinator at companies similar to Kotak Mahindara Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Health & Allied Insurance ₹2.0 Lakhs to ₹3.0 Lakhs per year
Tata AIA Life Insurance ₹2.2 Lakhs to ₹3.0 Lakhs per year
Bajaj Allianz Life Insurance ₹2.2 Lakhs to ₹3.2 Lakhs per year
ICICI Lombard General Insurance Company ₹1.7 Lakhs to ₹3.4 Lakhs per year
Shriram Life Insurance ₹1.2 Lakhs to ₹3.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Sales Coordinator at Kotak Mahindara Life Insurance in India?
The salary growth for a Sales Coordinator at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a Sales Coordinator can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
1 year ₹1.5 Lakhs to ₹2.5 Lakhs per year
2 years ₹1.9 Lakhs to ₹2.4 Lakhs per year
3 years ₹1.3 Lakhs to ₹3.2 Lakhs per year
4 years ₹2.0 Lakhs to ₹2.5 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Sales Coordinator salary in India ranges between ₹1.3 Lakh to ₹3.2 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.