Kotak Mahindra General Insurance Indore Deputy Manager Salaries by 7 Employees (Updated 2025)

5 - 6 years exp.

₹3.5 Lakhs - ₹5.3 Lakhs

Salary of majority employees

37% less than the average Deputy Manager Salary in Insurance Companies for 5 - 6 years of experience

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Salaries in different departments

Sales & Business Development Deputy Manager Salary 5 years exp. (3 salaries)	₹3.5 L/yr - ₹5.7 L/yr
BFSI, Investments & Trading Deputy Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.3 L/yr
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Quality Assurance Deputy Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹4.8 L/yr

Last Updated: 30 Sep 2024

Companies similar to Kotak Mahindra General Insurance for Deputy Manager in Indore

Kotak Mahindra General Insurance Deputy Manager Salary

5 - 6 years exp. (7 salaries)

₹3.5 L/yr - ₹5.3 L/yr

Company name	Avg Annual Salary	Open Jobs
VE Commercial Vehicles Deputy Manager Salary 0 - 18 years exp. (628 salaries)	₹5 L/yr - ₹17 L/yr 124% more	1 job opening
ICICI Bank Deputy Manager Salary 0 - 15 years exp. (528 salaries)	₹2.4 L/yr - ₹10.6 L/yr 20% more
Login to view exact salary
Cipla Deputy Manager Salary 4 - 19 years exp. (180 salaries)	₹6 L/yr - ₹16 L/yr 140% more	2 job openings
Jio Deputy Manager Salary 1 - 19 years exp. (94 salaries)	₹4.5 L/yr - ₹13.1 L/yr 60% more	1 job opening
Mahindra & Mahindra Deputy Manager Salary 4 - 18 years exp. (68 salaries)	₹6.3 L/yr - ₹15.5 L/yr 133% more	2 job openings

Deputy Manager salary at Kotak Mahindra General Insurance ranges between ₹3.5 Lakhs to ₹5.3 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Deputy Manager salaries in Indore

Last Updated: 30 Sep 2024

Experience	Avg Annual Salary
5 years (5 salaries)	₹3.5 L/yr - ₹5.1 L/yr
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6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.3 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

MIS Executive Salary

(3 salaries)

₹2.2 L/yr - ₹2.5 L/yr

Top skills at Kotak Mahindra General Insurance for Deputy Manager

General Insurance agency development Motor Insurance Sales Support Product Training Sales Training General Insurance Communication Skills Health Insurance Lead Management Sales Agent Recruitment Sales Analytics Data Mining Bancassurance

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

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

Assistant Manager in IT Park Infinite Dindhosi Malad East

Full Time

Digital department Department

3.0

• posted on 08 Mar 2023

2.0

for Salary and Benefits

Likes

Good experience very nice and boss always supported and share good knowledge

Skill development - Good

+1 more

Dislikes

Sitting arrangements is not proper and they are not doing any cultural progress and any picnic . IT service slow and management is slow.

Salary - Poor

+2 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindra General Insurance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Kotak Mahindra General Insurance Indore?

Deputy Manager salary at Kotak Mahindra General Insurance in Indore ranges between ₹3.5 Lakhs to ₹5.3 Lakhs for experience between 5 years to 6 years. According to our estimates it is 37% less than the average Deputy Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra General Insurance Indore.

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

The average salary of a Deputy Manager at Kotak Mahindra General Insurance is 37% less than the average salary of a Deputy Manager in Indore. To know exact salary insights, login to view.

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

General Insurance, agency development, Motor Insurance, Sales Support and Product Training are some of the popular skills required to work as a Deputy Manager at Kotak Mahindra General Insurance Indore.

Which similar companies are paying more than Kotak Mahindra General Insurance to a Deputy Manager in Indore?

Cipla Deputy Manager Salary - ₹6.0 Lakhs to ₹16.0 Lakhs per year
Mahindra & Mahindra Deputy Manager Salary - ₹6.3 Lakhs to ₹15.5 Lakhs per year
VE Commercial Vehicles Deputy Manager Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year
Jio Deputy Manager Salary - ₹4.5 Lakhs to ₹13.1 Lakhs per year
ICICI Bank Deputy Manager Salary - ₹2.4 Lakhs to ₹10.6 Lakhs per year

What is the estimated take home salary of a Deputy Manager at Kotak Mahindra General Insurance in Indore?

The estimated take-home salary of a Deputy Manager at Kotak Mahindra General Insurance ranges between ₹38,878 per month to ₹40,060 per month in Indore. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Deputy Manager salary in India which ranges between ₹3.5 Lakhs to ₹5.3 Lakhs per year for employees with experience between 5 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at Kotak Mahindra General Insurance in Indore?

According to AmbitionBox, 70% of the Kotak Mahindra General Insurance Deputy Managers in Indore reported a notice period of 3 Months, 30% reported a notice period of 1 Month.This is based on 10 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Deputy Manager Salaries in Indore

Kotak Mahindra General Insurance Deputy Manager salary in Indore ranges between ₹3.5 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

Kotak Mahindra General Insurance Deputy Manager salaries in Indore

Companies similar to Kotak Mahindra General Insurance for Deputy Manager in Indore

Latest annual salaries shared by Kotak Mahindra General Insurance Deputy Manager in Indore

Experience wise Kotak Mahindra General Insurance Deputy Manager salaries in Indore

Similar Designation salaries in Kotak Mahindra General Insurance

Top skills at Kotak Mahindra General Insurance for Deputy Manager

Salary related reviews for Kotak Mahindra General Insurance

Chief Manager in Mumbai

Assistant Manager in Mumbai

Relationship Manager in Raipur

Deputy Manager Grade 2 in Panipat

Assistant Manager in IT Park Infinite Dindhosi Malad East

Kotak Mahindra General Insurance Deputy Manager Salary FAQs

Tell us how to improve this page.