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Annual salary range
7 - 15 years exp.
₹6.5
Lakhs - ₹8.3
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary19% less than the average Branch Manager Salary in Insurance Companies for 7 - 15 years of experience
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Salaries in different departments
Sales & Business Development
Branch Manager Salary
7 - 8
years
exp.
(AmbitionBox Estimate)
|  ₹5.9 L/yr - ₹7.2 L/yr |
Login to view exact salary
| |
Marketing & Communication
Branch Manager Salary
14
years
exp.
(AmbitionBox Estimate)
| ₹6.9 L/yr - ₹8.4 L/yr |
Companies similar to Kotak Mahindra General Insurance for Branch Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Lombard General Insurance Company Branch Manager Salary
5 - 17 years exp. (195 salaries) | ₹5.5 L/yr - ₹13 L/yr 
25%
more | 1 job opening |
 HDFC Ergo General Insurance Branch Manager Salary
8 - 18 years exp. (213 salaries) | ₹4.7 L/yr - ₹14 L/yr
23%
more | 2 job openings |
Login to view exact salary
| ||
 Bajaj Allianz General Insurance Branch Manager Salary
5 - 13 years exp. (16 salaries) | ₹4.3 L/yr - ₹12.5 L/yr At par | |
 Reliance General Insurance Branch Manager Salary
9 - 19 years exp. (60 salaries) | ₹5.2 L/yr - ₹16 L/yr
48%
more | |
 Tata AIG Branch Manager Salary
7 - 16 years exp. (68 salaries) | ₹4.8 L/yr - ₹12 L/yr
22%
more | |
 United India Insurance Company Branch Manager Salary
4 - 10 years exp. (7 salaries) | ₹9 L/yr - ₹20 L/yr
95%
more | |
 The New India Assurance Co. Branch Manager Salary
5 - 10 years exp. (12 salaries) | ₹8 L/yr - ₹18.5 L/yr
110%
more | |
 National Insurance Company Branch Manager Salary
8 - 9 years exp. (6 salaries) | ₹11 L/yr - ₹15.1 L/yr
62%
more | |
 SBI General Insurance Branch Manager Salary
6 - 16 years exp. (16 salaries) | ₹5.8 L/yr - ₹10.5 L/yr
11%
more | |
 Future Generali India Life Insurance Branch Manager Salary
6 - 19 years exp. (123 salaries) | ₹5 L/yr - ₹16 L/yr
27%
more | 1 job opening |
 ICICI Prudential Life Insurance Branch Manager Salary
7 - 18 years exp. (242 salaries) | ₹6.3 L/yr - ₹18 L/yr
69%
more | |
Login to view exact salary
| ||
 HDFC Life Branch Manager Salary
8 - 17 years exp. (247 salaries) | ₹5.5 L/yr - ₹12.5 L/yr
29%
more | |
 Cholamandalam MS General Insurance Branch Manager Salary
4 - 15 years exp. (242 salaries) | ₹2.9 L/yr - ₹8 L/yr 
23%
less | |
 Kotak Mahindara Life Insurance Branch Manager Salary
3 - 17 years exp. (208 salaries) | ₹4.5 L/yr - ₹13 L/yr
21%
more | |
 Shriram General Insurance Branch Manager Salary
5 - 15 years exp. (188 salaries) | ₹3.2 L/yr - ₹8.5 L/yr
14%
less | |
 Care Health Insurance Branch Manager Salary
3 - 17 years exp. (159 salaries) | ₹4 L/yr - ₹8.1 L/yr
22%
less | 1 job opening |
 Aditya Birla Health Insurance Co Branch Manager Salary
5 - 16 years exp. (153 salaries) | ₹5.5 L/yr - ₹12.5 L/yr
23%
more | |
 Bharti AXA Life Insurance Branch Manager Salary
6 - 18 years exp. (86 salaries) | ₹5 L/yr - ₹12 L/yr
19%
more | |
 Edelweiss Tokio Life Insurance Branch Manager Salary
7 - 15 years exp. (70 salaries) | ₹5.5 L/yr - ₹9 L/yr
2%
less | |
 Aviva Life Insurance India Branch Manager Salary
7 - 22 years exp. (41 salaries) | ₹6.5 L/yr - ₹15 L/yr
43%
more | |
View all
Branch Manager salary at Kotak Mahindra General Insurance ranges between ₹6.5
Lakhs
to ₹8.3
Lakhs
per year for employees with experience between 7 years to 15 years. Salary
estimates are based on
6 latest salaries received
from various employees of Kotak Mahindra General Insurance.
Latest annual salaries shared by Kotak Mahindra General Insurance Branch Manager
10mo ago
8
years
exp.
11mo ago
10
years
exp.
11mo ago
7
years
exp.
1y ago
14
years
exp.
Experience wise Kotak Mahindra General Insurance Branch Manager salaries
Last Updated: 20 Jan 2024
| Experience | Avg Annual Salary |
|---|---|
| 7 years (AmbitionBox Estimate) |
₹6.5
L/yr
- ₹6.5
L/yr
|
| 8 years (AmbitionBox Estimate) |
₹6.5
L/yr
- ₹11.9
L/yr
|
Login to view exact salary
| |
| 9 years (AmbitionBox Estimate) |
₹6.1
L/yr
- ₹7.8
L/yr
|
| 10 years (AmbitionBox Estimate) |
₹7
L/yr
- ₹12.6
L/yr
|
| 11 years (AmbitionBox Estimate) |
₹6.5
L/yr
- ₹8.3
L/yr
|
View all
Similar Designation salaries in Kotak Mahindra General Insurance
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Top trending discussions
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Salary Discussions, Hike & Promotions
1w
a technical project manager
Deadend
Hi,
I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA.
I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation.
I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component.
I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this.
What should be my next move?
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Kotak Mahindra General Insurance Branch Manager Salary FAQs
What is the salary of Branch Manager at Kotak Mahindra General Insurance?
Branch Manager salary at Kotak Mahindra General Insurance in India ranges between ₹6.5 Lakhs to ₹8.3 Lakhs for experience between 7 years to 15 years. According to our estimates it is 19% less than the average Branch Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra General Insurance India.
How does the salary of a Branch Manager at Kotak Mahindra General Insurance India compare with the average salary range for this job?
The average salary of a Branch Manager at Kotak Mahindra General Insurance is 19% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra General Insurance to a Branch Manager in India?
- The New India Assurance Co. Branch Manager Salary - ₹8.0 Lakhs to ₹18.5 Lakhs per year
- United India Insurance Company Branch Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
- ICICI Prudential Life Insurance Branch Manager Salary - ₹6.3 Lakhs to ₹18.0 Lakhs per year
- National Insurance Company Branch Manager Salary - ₹11.0 Lakhs to ₹15.1 Lakhs per year
- Reliance General Insurance Branch Manager Salary - ₹5.2 Lakhs to ₹16.0 Lakhs per year
What is the salary of a Branch Manager in companies similar to Kotak Mahindra General Insurance in India?
- Aviva Life Insurance India Branch Manager Salary - ₹6.5 Lakhs to ₹15.0 Lakhs per year
- Digit Insurance Branch Manager Salary - ₹9.0 Lakhs to ₹11.3 Lakhs per year
- HDFC Life Branch Manager Salary - ₹5.5 Lakhs to ₹12.5 Lakhs per year
- Future Generali India Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
- ICICI Lombard General Insurance Company Branch Manager Salary - ₹5.5 Lakhs to ₹13.0 Lakhs per year
What is the estimated take home salary of a Branch Manager at Kotak Mahindra General Insurance in India?
The estimated take-home salary of a Branch Manager at Kotak Mahindra General Insurance ranges between ₹54,081 per month to ₹55,431 per month in India. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Branch Manager salary in India which ranges between ₹6.5 Lakhs to ₹8.3 Lakhs per year for employees with experience between 7 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at Kotak Mahindra General Insurance?
According to AmbitionBox, 100% of the Kotak Mahindra General Insurance Branch Managers reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.
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Kotak Mahindra General Insurance Branch Manager salary
in
India
ranges between ₹6.5
Lakhs to ₹8.3
Lakhs with an average annual salary of
₹. Salary estimates are based on
6
Kotak Mahindra General Insurance latest salaries received from various employees of
Kotak Mahindra General Insurance.