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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Senior Branch Head salaries in India

Annual salary range
6 - 18 years exp.
₹10.4 Lakhs - ₹13.2 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.
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Salaries in different departments

BFSI, Investments & Trading
Senior Branch Head Salary
18 years exp. (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.1 L/yr

Sales & Business Development
Senior Branch Head Salary
6 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 31 Oct 2023

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₹11 L/yr - ₹12.8 L/yr

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1 job opening
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₹13 L/yr - ₹18 L/yr

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Senior Branch Head salary at Kotak Mahindara Life Insurance ranges between ₹10.4 Lakhs to ₹13.2 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹9.1 L/yr - ₹14.25 L/yr
Branch Head Salary
(10 salaries)
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₹8.5 L/yr - ₹14 L/yr
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₹3.2 L/yr - ₹7.5 L/yr
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₹3 L/yr - ₹6.8 L/yr
Area Head Salary
(AmbitionBox Estimate)
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₹9.8 L/yr - ₹12.5 L/yr
Cluster Head Salary
(9 salaries)
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₹5.2 L/yr - ₹18.1 L/yr
Branch Manager Salary
(202 salaries)
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₹4.5 L/yr - ₹13 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr
Deputy Manager Salary
(942 salaries)
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₹2 L/yr - ₹5.8 L/yr
Chief Manager Salary
(459 salaries)
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₹5.13 L/yr - ₹17 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

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

 · 

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
  • Job security - Excellent
    +2 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

read more
  • Salary - Poor
    +1 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

 · 

Finance & Accounting Department

4.0
  •  posted on 04 Apr 2024

3.0
 for  Salary and Benefits

Likes

Work life balance is okay. Good place to work in. Maximum professionally qualified employees.

  • Job security - Good
    +1 more

Dislikes

No Employee benefits. Salary lower than industry standards. No comp off. Politics (common in every organisation) No work from home.

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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 27 Jul 2023

5.0
 for  Salary and Benefits

Likes

HR support is very good.. Salary amd Incentive payout

  • Salary - Excellent
    +2 more

Dislikes

Kotak is big brand to work but few of the Senior Managers made the work culture worst just for their benefits... They doesn't have feelings about the pain of employees.

read more
  • Work satisfaction - Bad
    +1 more
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Kotak Mahindara Life Insurance Senior Branch Head salary in India ranges between ₹10.4 Lakhs to ₹13.2 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindara Life Insurance.