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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Support Staff salaries in India

Annual salary range
2 - 7 years exp.
₹1.2 Lakh - ₹1.8 Lakh
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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27% less than the average Support Staff Salary in Insurance Companies for 2 - 7 years of experience

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Last Updated: 11 Sep 2024

Companies similar to Kotak Mahindara Life Insurance for Support Staff

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₹1 L/yr - ₹1 L/yr

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Tata AIA Life Insurance Support Staff Salary

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₹1.2 L/yr - ₹3.7 L/yr

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XpressBees Support Staff Salary

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₹1 L/yr - ₹2.5 L/yr

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HDFC Bank Support Staff Salary

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₹2 L/yr - ₹3 L/yr

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RBL Bank Support Staff Salary

1 - 2 years exp. (8 salaries)

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₹1.4 L/yr - ₹3.2 L/yr

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Support Staff salary at Kotak Mahindara Life Insurance ranges between ₹1.2 Lakh to ₹1.8 Lakh per year for employees with experience between 2 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Support Staff

3mo ago
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7 years exp.
1y ago
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4 years exp.
1y ago
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3 years exp.

Experience wise Kotak Mahindara Life Insurance Support Staff salaries

Last Updated: 11 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)

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₹0.6 L/yr - ₹1.8 L/yr
4 years (AmbitionBox Estimate)

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₹0.7 L/yr - ₹1.8 L/yr
5 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2 L/yr
6 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2.1 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Supervisor Salary
(6 salaries)
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₹1.4 L/yr - ₹5 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
Team Lead Salary
(42 salaries)
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₹1.2 L/yr - ₹6.23 L/yr
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₹3.1 L/yr - ₹5.17 L/yr
Analyst Salary
(4 salaries)
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₹2.6 L/yr - ₹15.8 L/yr
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₹2.8 L/yr - ₹3.51 L/yr
Deputy Manager Salary
(938 salaries)
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₹2 L/yr - ₹5.69 L/yr
Sales Executive Salary
(35 salaries)
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₹0.8 L/yr - ₹4.55 L/yr
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₹2.65 L/yr - ₹8.5 L/yr
Operations Analyst Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

4.9

Rated by 2 employees for salary & benefits

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..

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

BFSI, Investments & Trading Department

4.0
  •  posted on 16 Jun 2020

2.0
 for  Salary and Benefits

Likes

...fe.Team mates are supportive. This is the second appraisal but mine is not done. Till now no salary hike which demotivate employee .work culture is good.

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Dislikes

Politics.low or no salary hike. Appraise are not done fairly. No defined timing to work.

read 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.

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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

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

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."

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Kotak Mahindara Life Insurance Support Staff Salary FAQs

What is the salary of Support Staff at Kotak Mahindara Life Insurance?
Support Staff salary at Kotak Mahindara Life Insurance in India ranges between ₹1.2 Lakhs to ₹1.8 Lakhs for experience between 2 years to 7 years. According to our estimates it is 27% less than the average Support Staff Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Support Staff at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Support Staff at Kotak Mahindara Life Insurance is 27% less than the average salary of a Support Staff in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Support Staff in India?
  • HDFC Bank Support Staff Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
  • Tata AIA Life Insurance Support Staff Salary - ₹1.2 Lakhs to ₹3.7 Lakhs per year
  • RBL Bank Support Staff Salary - ₹1.4 Lakhs to ₹3.2 Lakhs per year
  • XpressBees Support Staff Salary - ₹1.0 Lakhs to ₹2.5 Lakhs per year
What is the salary of a Support Staff in companies similar to Kotak Mahindara Life Insurance in India?
  • Reliance Nippon Life Insurance Support Staff Salary - ₹1.0 Lakhs to ₹1.0 Lakhs per year
What is the estimated take home salary of a Support Staff at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Support Staff at Kotak Mahindara Life Insurance ranges between ₹11,244 per month to ₹12,486 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Support Staff salary in India which ranges between ₹1.2 Lakhs to ₹1.8 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Support Staff at Kotak Mahindara Life Insurance?
According to AmbitionBox, 50% of the Kotak Mahindara Life Insurance Support Staffs reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Support Staff salary in India ranges between ₹1.2 Lakh to ₹1.8 Lakh with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.