Kotak Mahindra Bank Territory Manager Bancassurance Salaries by Employees

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₹12.6 Lakhs - ₹16.1 Lakhs

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Last Updated: 24 Feb 2023

Companies similar to Kotak Mahindra Bank for Territory Manager Bancassurance

Company name	Avg Annual Salary	Open Jobs
HDFC Life Territory Manager Bancassurance Salary 8 - 19 years exp. (18 salaries)	₹5.4 L/yr - ₹20 L/yr 10% less
PNB MetLife Territory Manager Bancassurance Salary 5 - 15 years exp. (16 salaries)	₹6.5 L/yr - ₹9.8 L/yr 44% less
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Canara HSBC Life Insurance Territory Manager Bancassurance Salary 5 - 15 years exp. (7 salaries)	₹4.3 L/yr - ₹10.5 L/yr 52% less
Tata AIA Life Insurance Territory Manager Bancassurance Salary 4 - 18 years exp. (5 salaries)	₹5.5 L/yr - ₹7 L/yr 57% less
ICICI Prudential Life Insurance Territory Manager Bancassurance Salary 1 - 4 years exp. (4 salaries)	₹2.6 L/yr - ₹6 L/yr 64% less

Territory Manager Bancassurance salary at Kotak Mahindra Bank ranges between ₹12.6 Lakhs to ₹16.1 Lakhs per year for employees with 19 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Kotak Mahindra Bank.

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Salary related reviews for Kotak Mahindra Bank

Senior Relationship Manager in Ranchi

Full Time

Sales & Business Development Department

1.0

• posted on 02 Mar 2025

2.0

for Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

Salary - Poor

+6 more

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Salary - Good

+1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Skill development - Bad

+3 more

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

Salary - Poor

+4 more

Cluster Head in Shivamogga

Full Time

Other Department

1.0

• posted on 15 Nov 2024

1.0

for Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

Salary - Bad

+6 more

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What people are saying about Kotak Mahindra Bank

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a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Territory Manager Bancassurance Salary FAQs

How the salary growth look like for a Territory Manager Bancassurance at Kotak Mahindra Bank in India?

The salary growth for a Territory Manager Bancassurance at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Territory Manager Bancassurance can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
15 years	₹12.6 Lakhs to ₹16.1 Lakhs per year

and so on.

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Kotak Mahindra Bank Territory Manager Bancassurance Salaries

Kotak Mahindra Bank Territory Manager Bancassurance salary in India ranges between ₹12.6 Lakhs to ₹16.1 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Territory Manager Bancassurance salaries in India

Companies similar to Kotak Mahindra Bank for Territory Manager Bancassurance

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Senior Relationship Manager in Ranchi

Deputy Vice President in Indore

Branch Relationship Manager in Kolkata

Deputy Branch Manager in Ahmedabad

Cluster Head in Shivamogga

Kotak Mahindra Bank Territory Manager Bancassurance Salary FAQs

Tell us how to improve this page.