Kotak Mahindra General Insurance Graduate Trainee Salaries by 6 Employees (Updated 2025)

0 - 2 years exp.

₹2.4 Lakhs - ₹3.5 Lakhs

Salary of majority employees

21% less than the average Graduate Trainee Salary in Insurance Companies for 0 - 2 years of experience

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Salaries in different departments

Sales & Business Development Graduate Trainee Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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BFSI, Investments & Trading Graduate Trainee Salary Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 22 Apr 2024

Companies similar to Kotak Mahindra General Insurance for Graduate Trainee

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Graduate Trainee Salary 0 - 1 year exp. (4 salaries)	₹3.5 L/yr - ₹3.8 L/yr 22% more
Kotak Mahindara Life Insurance Graduate Trainee Salary 0 - 1 year exp. (29 salaries)	₹2 L/yr - ₹3.5 L/yr 14% less
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HDFC Life Graduate Trainee Salary 0 - 1 year exp. (17 salaries)	₹2.4 L/yr - ₹5 L/yr 6% more
Digit Insurance Graduate Trainee Salary 0 - 1 year exp. (17 salaries)	₹4.5 L/yr - ₹4.8 L/yr 50% more
ICICI Prudential Life Insurance Graduate Trainee Salary Fresher (4 salaries)	₹2.5 L/yr - ₹2.8 L/yr 12% less
Principal Global Services Graduate Trainee Salary Fresher (3 salaries)	₹5 L/yr - ₹8 L/yr 111% more

Graduate Trainee salary at Kotak Mahindra General Insurance ranges between ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Graduate Trainee salaries

Last Updated: 22 Apr 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹2.4 L/yr - ₹2.7 L/yr
1 year (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
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2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Service Engineer Salary

(3 salaries)

₹3.5 L/yr - ₹4 L/yr

Deputy Manager Salary

(201 salaries)

₹2.95 L/yr - ₹7.25 L/yr

Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Top skills at Kotak Mahindra General Insurance for Graduate Trainee

Sales General Insurance Field Marketing Marketing

Salary related reviews for Kotak Mahindra General Insurance

5.0

Rated by 2 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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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Kotak Mahindra General Insurance Graduate Trainee Salary FAQs

What is the salary of Graduate Trainee at Kotak Mahindra General Insurance?

Graduate Trainee salary at Kotak Mahindra General Insurance in India ranges between ₹2.4 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 21% less than the average Graduate Trainee 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 Graduate Trainee at Kotak Mahindra General Insurance India compare with the average salary range for this job?

The average salary of a Graduate Trainee at Kotak Mahindra General Insurance is 21% less than the average salary of a Graduate Trainee in India. To know exact salary insights, login to view.

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

Sales, General Insurance, Field Marketing and Marketing are some of the popular skills required to work as a Graduate Trainee at Kotak Mahindra General Insurance India.

Which similar companies are paying more than Kotak Mahindra General Insurance to a Graduate Trainee in India?

Principal Global Services Graduate Trainee Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
Digit Insurance Graduate Trainee Salary - ₹4.5 Lakhs to ₹4.8 Lakhs per year
Bajaj Allianz General Insurance Graduate Trainee Salary - ₹3.5 Lakhs to ₹3.8 Lakhs per year
HDFC Life Graduate Trainee Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Graduate Trainee in companies similar to Kotak Mahindra General Insurance in India?

ICICI Prudential Life Insurance Graduate Trainee Salary - ₹2.5 Lakhs to ₹2.8 Lakhs per year
Kotak Mahindara Life Insurance Graduate Trainee Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Graduate Trainee at Kotak Mahindra General Insurance in India?

The estimated take-home salary of a Graduate Trainee at Kotak Mahindra General Insurance ranges between ₹21,521 per month to ₹23,012 per month in India. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Graduate Trainee salary in India which ranges between ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Graduate Trainee at Kotak Mahindra General Insurance?

According to AmbitionBox, 100% of the Kotak Mahindra General Insurance Graduate Trainees reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Graduate Trainee Salaries

Kotak Mahindra General Insurance Graduate Trainee salary in India ranges between ₹2.4 Lakhs to ₹3.5 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.