Kotak Mahindara Life Insurance Sales Manager Bancassurance Salaries by 7 Employees (Updated 2025)

2 - 10 years exp.

₹3.5 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Sales Manager Bancassurance Salary in Insurance Companies for 2 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations Sales Manager Bancassurance Salary 4 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹5.5 L/yr
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Sales & Business Development Sales Manager Bancassurance Salary 6 - 7 years exp. (3 salaries)	₹4.4 L/yr - ₹5.5 L/yr

Last Updated: 22 May 2024

Companies similar to Kotak Mahindara Life Insurance for Sales Manager Bancassurance

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sales Manager Bancassurance Salary 1 - 10 years exp. (16 salaries)	₹5 L/yr - ₹10 L/yr 51% more
HDFC Life Sales Manager Bancassurance Salary 0 - 9 years exp. (20 salaries)	₹1.8 L/yr - ₹7 L/yr 30% less
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Max Life Insurance Sales Manager Bancassurance Salary 4 - 7 years exp. (4 salaries)	₹3.1 L/yr - ₹4.7 L/yr 23% less	3 job openings
Bajaj Allianz Life Insurance Sales Manager Bancassurance Salary 3 - 7 years exp. (12 salaries)	₹2.3 L/yr - ₹4.2 L/yr 22% less
Reliance Nippon Life Insurance Sales Manager Bancassurance Salary 2 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹3.9 L/yr 31% less
Aditya Birla Sun Life Insurance Sales Manager Bancassurance Salary 0 - 11 years exp. (4 salaries)	₹2.2 L/yr - ₹6.5 L/yr 15% less
Tata AIA Life Insurance Sales Manager Bancassurance Salary 3 - 5 years exp. (5 salaries)	₹2.3 L/yr - ₹4 L/yr 23% less	1 job opening
PNB MetLife Sales Manager Bancassurance Salary 0 - 4 years exp. (6 salaries)	₹1.8 L/yr - ₹3.2 L/yr 48% less
HDFC Ergo General Insurance Sales Manager Bancassurance Salary 2 - 12 years exp. (18 salaries)	₹3.1 L/yr - ₹5.3 L/yr 10% less
ICICI Lombard General Insurance Company Sales Manager Bancassurance Salary 1 - 13 years exp. (14 salaries)	₹3 L/yr - ₹10.6 L/yr 38% more	1 job opening

Sales Manager Bancassurance salary at Kotak Mahindara Life Insurance ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Sales Manager Bancassurance salaries

Last Updated: 22 May 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.9 L/yr
3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.9 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.7 L/yr
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.5 L/yr

View all

Similar Designation salaries in Kotak Mahindara Life Insurance

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Relationship Manager Salary

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₹3.75 L/yr - ₹8.5 L/yr

Cluster Manager Salary

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Key Relationship Manager Salary

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Agency Manager Salary

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₹2 L/yr - ₹7.64 L/yr

Top skills at Kotak Mahindara Life Insurance for Sales Manager Bancassurance

Life Insurance Bancassurance Sales Planning Cross Selling Sales Management Banking Upsell Relationship Management Sales banca sales Corporate Sales Business Development Team Leading Agency Sales Alternate Channel

Salary related reviews for Kotak Mahindara Life Insurance

2.5

Rated by 6 employees for salary & benefits

Recruitment Development Manager in Kalyan / Dombivli

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.

Salary - Excellent

+6 more

Relationship Manager in Kolkata

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..

Dislikes

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

Salary - Bad

+6 more

Assistant Manager Branch Operations in Guwahati

Customer Success, Service & Operations Department

5.0

• posted on 29 Jul 2020

5.0

for Salary and Benefits

Likes

Kotak life as a company for me it is very supportive I am very satisfied with work culture also I found growth and opportunity in Future, Job security. I am always thankful to my exteem organization kotak life.

Salary - Excellent

+6 more

Dislikes

Nothing as such...but salary is decent in our department.

Recruitment Development Manager in Vadodara

Marketing & Communication Department

4.0

• posted on 10 Dec 2017

1.0

for Salary and Benefits

Likes

Training support is best. Knowledge update program good

Skill development - Excellent

Dislikes

...pior have to increase intelligence level. Man management skill want to improve. Need Good professional but with cheaper salary. Not justify with quality

Salary - Bad

+1 more

Recruitment Development Manager in Hisar

RECRUITMENT AND DEVELOPEMENT MANAGER Department

3.0

• posted on 27 Mar 2018

2.0

for Salary and Benefits

Likes

IN KOTAK LIFE TRAINING FOR MANAGERS IS VERY GOOD.

Skill development - Good

+1 more

Dislikes

SALARY PACKAGES ARE VERY LOW AND NO CAREER GROWTH BECAUSE THE CAREER EXPRESS TARGETS ARE MENTIONED WITH " * ". THERE IS NO PHONE BILL REMB. OR NO TRAVEL ALLOUNCE.

Salary - Poor

+1 more

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Kotak Mahindara Life Insurance Sales Manager Bancassurance Salary FAQs

What is the salary of Sales Manager Bancassurance at Kotak Mahindara Life Insurance?

Sales Manager Bancassurance salary at Kotak Mahindara Life Insurance in India ranges between ₹3.5 Lakhs to ₹5.5 Lakhs for experience between 2 years to 10 years. According to our estimates it is 2% more than the average Sales Manager Bancassurance Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindara Life Insurance India.

How does the salary of a Sales Manager Bancassurance at Kotak Mahindara Life Insurance India compare with the average salary range for this job?

The average salary of a Sales Manager Bancassurance at Kotak Mahindara Life Insurance is 2% more than the average salary of a Sales Manager Bancassurance in India. To know exact salary insights, login to view.

What are the top skills required to work as a Sales Manager Bancassurance at Kotak Mahindara Life Insurance?

Life Insurance, Bancassurance, Sales Planning, Cross Selling and Sales Management are some of the popular skills required to work as a Sales Manager Bancassurance at Kotak Mahindara Life Insurance India.

Which similar companies are paying more than Kotak Mahindara Life Insurance to a Sales Manager Bancassurance in India?

ICICI Prudential Life Insurance Sales Manager Bancassurance Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year
ICICI Lombard General Insurance Company Sales Manager Bancassurance Salary - ₹3.0 Lakhs to ₹10.6 Lakhs per year

What is the salary of a Sales Manager Bancassurance in companies similar to Kotak Mahindara Life Insurance in India?

HDFC Ergo General Insurance Sales Manager Bancassurance Salary - ₹3.1 Lakhs to ₹5.3 Lakhs per year
Aditya Birla Sun Life Insurance Sales Manager Bancassurance Salary - ₹2.2 Lakhs to ₹6.5 Lakhs per year
Bajaj Allianz Life Insurance Sales Manager Bancassurance Salary - ₹2.3 Lakhs to ₹4.2 Lakhs per year
Max Life Insurance Sales Manager Bancassurance Salary - ₹3.1 Lakhs to ₹4.7 Lakhs per year
Tata AIA Life Insurance Sales Manager Bancassurance Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Sales Manager Bancassurance at Kotak Mahindara Life Insurance in India?

The estimated take-home salary of a Sales Manager Bancassurance at Kotak Mahindara Life Insurance ranges between ₹33,322 per month to ₹34,587 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Sales Manager Bancassurance salary in India which ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Sales Manager Bancassurance at Kotak Mahindara Life Insurance?

According to AmbitionBox, 57% of the Kotak Mahindara Life Insurance Sales Manager Bancassurances reported a notice period of 1 Month, 29% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Sales Manager Bancassurance Salaries

Kotak Mahindara Life Insurance Sales Manager Bancassurance salary in India ranges between ₹3.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

Kotak Mahindara Life Insurance Sales Manager Bancassurance salaries in India

Companies similar to Kotak Mahindara Life Insurance for Sales Manager Bancassurance

Latest annual salaries shared by Kotak Mahindara Life Insurance Sales Manager Bancassurance

Experience wise Kotak Mahindara Life Insurance Sales Manager Bancassurance salaries

Similar Designation salaries in Kotak Mahindara Life Insurance

Top skills at Kotak Mahindara Life Insurance for Sales Manager Bancassurance

Salary related reviews for Kotak Mahindara Life Insurance

Recruitment Development Manager in Kalyan / Dombivli

Relationship Manager in Kolkata

Assistant Manager Branch Operations in Guwahati

Recruitment Development Manager in Vadodara

Recruitment Development Manager in Hisar

Kotak Mahindara Life Insurance Sales Manager Bancassurance Salary FAQs

Tell us how to improve this page.

Kotak Mahindara Life Insurance Sales Manager Bancassurance Salaries by Location