Kotak Mahindra General Insurance Mumbai Branch Relationship Manager Salaries by 9 Employees (Updated 2025)

1 - 5 years exp.

₹3 Lakhs - ₹4.7 Lakhs

Salary of majority employees

30% less than the average Branch Relationship Manager Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Relationship Manager Salary 1 - 5 years exp. (5 salaries)	₹3 L/yr - ₹4.7 L/yr
Sales & Business Development Branch Relationship Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
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Finance & Accounting Branch Relationship Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4 L/yr

Last Updated: 26 Dec 2023

Companies similar to Kotak Mahindra General Insurance for Branch Relationship Manager in Mumbai

Kotak Mahindra General Insurance Branch Relationship Manager Salary

1 - 5 years exp. (9 salaries)

₹3 L/yr - ₹4.7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Relationship Manager Salary 1 - 5 years exp. (7 salaries)	₹2.8 L/yr - ₹5.6 L/yr 8% less
Kotak Mahindara Life Insurance Branch Relationship Manager Salary 2 - 4 years exp. (3 salaries)	₹2.9 L/yr - ₹3.8 L/yr 11% less
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Kotak Mahindra Bank Branch Relationship Manager Salary 0 - 10 years exp. (188 salaries)	₹3 L/yr - ₹9.5 L/yr 46% more
IDFC FIRST Bank Branch Relationship Manager Salary 1 - 10 years exp. (44 salaries)	₹3.8 L/yr - ₹11 L/yr 109% more	1 job opening
Axis Bank Branch Relationship Manager Salary 0 - 9 years exp. (24 salaries)	₹3 L/yr - ₹7 L/yr 32% more

Branch Relationship Manager salary at Kotak Mahindra General Insurance ranges between ₹3 Lakhs to ₹4.7 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Branch Relationship Manager salaries in Mumbai

Last Updated: 26 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹6.4 L/yr
2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.6 L/yr
4 years (3 salaries)	₹3.3 L/yr - ₹4.5 L/yr
5 years (3 salaries)	₹3.5 L/yr - ₹4.7 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Relationship Manager Salary

(7 salaries)

₹2.35 L/yr - ₹4.25 L/yr

Top skills at Kotak Mahindra General Insurance for Branch Relationship Manager

Bancassurance General Insurance Relationship Management Communication Skills Sales banca sales Revenue Generation Cross Selling Health Insurance Motor Insurance Insurance Sales banca Life Insurance General Insurance Sales Digital

Salary related reviews for Kotak Mahindra General Insurance

5.0

Rated by 1 employees for salary & benefits

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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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Kotak Mahindra General Insurance Branch Relationship Manager Salary FAQs

What is the salary of Branch Relationship Manager at Kotak Mahindra General Insurance Mumbai?

Branch Relationship Manager salary at Kotak Mahindra General Insurance in Mumbai ranges between ₹3.0 Lakhs to ₹4.7 Lakhs for experience between 1 years to 5 years. According to our estimates it is 30% less than the average Branch Relationship Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra General Insurance Mumbai.

How does the salary of a Branch Relationship Manager at Kotak Mahindra General Insurance Mumbai compare with the average salary range for this job?

The average salary of a Branch Relationship Manager at Kotak Mahindra General Insurance is 30% less than the average salary of a Branch Relationship Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Relationship Manager at Kotak Mahindra General Insurance?

Bancassurance, General Insurance, Relationship Management, Communication Skills and Sales are some of the popular skills required to work as a Branch Relationship Manager at Kotak Mahindra General Insurance Mumbai.

Which similar companies are paying more than Kotak Mahindra General Insurance to a Branch Relationship Manager in Mumbai?

IDFC FIRST Bank Branch Relationship Manager Salary - ₹3.8 Lakhs to ₹11.0 Lakhs per year
Kotak Mahindra Bank Branch Relationship Manager Salary - ₹3.0 Lakhs to ₹9.5 Lakhs per year
Axis Bank Branch Relationship Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year

What is the salary of a Branch Relationship Manager in companies similar to Kotak Mahindra General Insurance in Mumbai?

ICICI Prudential Life Insurance Branch Relationship Manager Salary - ₹2.8 Lakhs to ₹5.6 Lakhs per year
Kotak Mahindara Life Insurance Branch Relationship Manager Salary - ₹2.9 Lakhs to ₹3.8 Lakhs per year

What is the estimated take home salary of a Branch Relationship Manager at Kotak Mahindra General Insurance in Mumbai?

The estimated take-home salary of a Branch Relationship Manager at Kotak Mahindra General Insurance ranges between ₹27,677 per month to ₹29,076 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Branch Relationship Manager salary in India which ranges between ₹3.0 Lakhs to ₹4.7 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Branch Relationship Manager at Kotak Mahindra General Insurance in Mumbai?

According to AmbitionBox, 80% of the Kotak Mahindra General Insurance Branch Relationship Managers in Mumbai reported a notice period of 3 Months, 20% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Branch Relationship Manager Salaries in Mumbai

Kotak Mahindra General Insurance Branch Relationship Manager salary in Mumbai ranges between ₹3 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

Kotak Mahindra General Insurance Branch Relationship Manager salaries in Mumbai

Companies similar to Kotak Mahindra General Insurance for Branch Relationship Manager in Mumbai

Latest annual salaries shared by Kotak Mahindra General Insurance Branch Relationship Manager in Mumbai

Experience wise Kotak Mahindra General Insurance Branch Relationship Manager salaries in Mumbai

Similar Designation salaries in Kotak Mahindra General Insurance

Top skills at Kotak Mahindra General Insurance for Branch Relationship Manager

Salary related reviews for Kotak Mahindra General Insurance

Chief Manager in Mumbai

Assistant Manager in Mumbai

Relationship Manager in Raipur

Assistant Manager in Mumbai

Deputy Manager Grade 2 in Panipat

Kotak Mahindra General Insurance Branch Relationship Manager Salary FAQs

Tell us how to improve this page.