Kotak Mahindra General Insurance Bancassurance Relationship Manager Salaries by 2 Employees (Updated 2025)

7 - 10 years exp.

₹5.1 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 27 Apr 2024

Companies similar to Kotak Mahindra General Insurance for Bancassurance Relationship Manager

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Bajaj Allianz General Insurance Bancassurance Relationship Manager Salary 3 - 11 years exp. (5 salaries)	₹3 L/yr - ₹4.5 L/yr 38% less
Tata AIG Bancassurance Relationship Manager Salary 3 - 10 years exp. (4 salaries)	₹3 L/yr - ₹3.8 L/yr 41% less
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SBI General Insurance Bancassurance Relationship Manager Salary 3 - 10 years exp. (3 salaries)	₹2.4 L/yr - ₹6.3 L/yr 33% less
Future Generali India Life Insurance Bancassurance Relationship Manager Salary 3 - 10 years exp. (4 salaries)	₹3.3 L/yr - ₹6.6 L/yr 15% less
HDFC Life Bancassurance Relationship Manager Salary 3 - 10 years exp. (9 salaries)	₹2.8 L/yr - ₹5.5 L/yr 30% less
ICICI Prudential Life Insurance Bancassurance Relationship Manager Salary 0 - 5 years exp. (4 salaries)	₹3.3 L/yr - ₹3.6 L/yr 42% less
Aviva Life Insurance India Bancassurance Relationship Manager Salary 2 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹4 L/yr 38% less
Kotak Mahindara Life Insurance Bancassurance Relationship Manager Salary 2 - 4 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr 35% less
Cholamandalam MS General Insurance Bancassurance Relationship Manager Salary 3 - 11 years exp. (3 salaries)	₹3.1 L/yr - ₹4.5 L/yr 32% less
Bharti AXA Life Insurance Bancassurance Relationship Manager Salary 3 - 9 years exp. (3 salaries)	₹3.5 L/yr - ₹3.9 L/yr 37% less

Bancassurance Relationship Manager salary at Kotak Mahindra General Insurance ranges between ₹5.1 Lakhs to ₹6.5 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindra General Insurance.

Similar Designation salaries in Kotak Mahindra General Insurance

Senior Relationship Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Bancassurance Manager Salary

(5 salaries)

₹3 L/yr - ₹8.5 L/yr

Relationship Manager Salary

(34 salaries)

₹2.35 L/yr - ₹5.31 L/yr

Relationship Officer Salary

(3 salaries)

₹3 L/yr - ₹4.9 L/yr

Assistant Sales Manager Salary

(7 salaries)

₹2.7 L/yr - ₹4.1 L/yr

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Area Manager Salary

(5 salaries)

₹10.3 L/yr - ₹17 L/yr

Sales Manager Salary

(9 salaries)

₹4.25 L/yr - ₹6.96 L/yr

Cluster Manager Salary

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₹5.3 L/yr - ₹7.7 L/yr

Deputy Manager Salary

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Salary related reviews for Kotak Mahindra General Insurance

Chief Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 02 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing

Job security - Good

Dislikes

Everything. This company owned by bunch of Kotak bankers at upper end starting from national heads. Who are at city level and if they are kotak bank migrated employee then they will become national heads in just 2 to 3 years but if you have joined from the industry then growth is negligible no matter how good you are. Think 10 times before joining kotak general insurance.

Salary - Bad

+5 more

Assistant Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 15 Feb 2024

2.0

for Salary and Benefits

Likes

False promises given by HR and Manager as was told there will be alternate Saturday Sunday off and Public Holiday but there is no holiday at all we should work on weekends as well

Job security - Good

Dislikes

Lack of knowledge system is very poor to handle it feels like i m working in government

Salary - Poor

+5 more

Relationship Manager in Raipur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 31 Aug 2024

2.0

for Salary and Benefits

Likes

Overall the system is good in process and claims.

Work-life balance - Good

Dislikes

The incentive system is worse. Also some seniors came from the bank so they still don't know about general insurance culture. Overall it is not good especially in central areas like MP CG.

Salary - Poor

+1 more

Assistant Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 06 Feb 2025

1.0

for Salary and Benefits

Likes

There's nothing to like

Dislikes

Everything...no work life balance No appraisal, no matter how much you give your efforts it's a waste. Here no body care about your health or your hard work. Only favourite ppls will get everything they want.

Salary - Bad

+6 more

Deputy Manager Grade 2 in Panipat

Full Time

Sales & Business Development Department

3.0

• posted on 01 Nov 2023

4.0

for Salary and Benefits

Likes

Senior management is very supporting and Helping Nature And very nice hold on bank channel imd

Salary - Good

+5 more

Dislikes

Company totally working offline policy issuance All sales manager depends on ops team for policy issuance and ops team attitude is very high

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Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Kotak Mahindra General Insurance Bancassurance Relationship Manager Salary FAQs

What is the notice period for Bancassurance Relationship Manager at Kotak Mahindra General Insurance?

According to AmbitionBox, 100% of the Kotak Mahindra General Insurance Bancassurance Relationship Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Bancassurance Relationship Manager Salaries

Kotak Mahindra General Insurance Bancassurance Relationship Manager salary in India ranges between ₹5.1 Lakhs to ₹6.5 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra General Insurance.