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This company page is being actively managed by Kotak Mahindra General Insurance Team. If you also belong to the team, you can get access from here

Kotak Mahindra General Insurance Verified Tick

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3.7

based on 224 Reviews

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Kotak Mahindra General Insurance Salaries in Indore (Updated 2025)

based on 25 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading
Designation Avg Annual Salary Open Jobs

Deputy Manager

4 - 6 years exp. · Indore (10 salaries)
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₹3.5 L/yr - ₹5.3 L/yr

MIS Executive

3 - 5 years exp. · Indore (3 salaries)
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₹2.2 L/yr - ₹2.7 L/yr

Team Lead

3 - 8 years exp. · Indore (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.6 L/yr

Location Manager

16 - 17 years exp. · Indore (AmbitionBox Estimate)
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₹8.5 L/yr - ₹9.9 L/yr

Coordinator

1 year exp. · Indore (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Unit Manager

14 years exp. · Indore (AmbitionBox Estimate)
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₹5.1 L/yr - ₹6.5 L/yr

MIS Executive and Analyst

5 years exp. · Indore (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Assistant Manager

4 - 6 years exp. · Indore (5 salaries)
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₹2.8 L/yr - ₹5 L/yr

Last Updated: 14 Feb, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Salary related reviews for Kotak Mahindra General Insurance

3.3

Rated by 3 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.

read more
  • 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

read more
  • 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

Business Relationship Manager in Kolkata

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 02 Mar 2025
3.0
 for  Salary and Benefits

Likes

If a person spent 1 year here that employee can gather huge knoledge about general insurance..the training procedure is really awsome.

read more
  • Skill development - Excellent
    • +2 more

Dislikes

Work life balance and the supervisor behaviour is too much pathetic.

  • Promotions - Poor
    • +2 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.

read more
  • 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.

read more
  • Salary - Bad
    • +6 more
see more salary related reviews

Kotak Mahindra General Insurance interview questions by designations

Assistant Manager (3)Manager (2)Associate Vice President (1)MIS Executive (1)
View all 14 interview experiences

Know more about Kotak Mahindra General Insurance Indore

More about working at Kotak Mahindra General Insurance

Kotak Mahindra General Insurance Salary FAQs

How much does Kotak Mahindra General Insurance pay to its employees?
The average annual salary at Kotak Mahindra General Insurance varies depending on the role, experience, and location. The salary ranges for some popular designations at Kotak Mahindra General Insurance, are as follows:

Deputy Manager ₹3.5 Lakhs to ₹5.3 Lakhs per year
MIS Executive ₹2.2 Lakhs to ₹2.7 Lakhs per year
Team Lead ₹4.5 Lakhs to ₹5.6 Lakhs per year
Location Manager ₹8.5 Lakhs to ₹9.9 Lakhs per year

The highest-paying role, Vice President, earns between ₹30 Lakhs to ₹43 Lakhs per year. The top 10% of employees earn more than ₹15.8 Lakhs per year, and the top 1% earn over ₹40.7 Lakhs per year. Salaries at Kotak Mahindra General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 25 salaries submitted by Kotak Mahindra General Insurance employees. Kotak Mahindra General Insurance is rated 3.3 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Kotak Mahindra General Insurance in Indore?
The salary of a fresher at Kotak Mahindra General Insurance in Indore typically ranges from ₹1.5 Lakh to ₹3.8 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Management Trainee Salary ₹3 Lakhs to ₹3.8 Lakhs per year
Fresher as a Graduate Trainee Salary ₹2.4 Lakhs to ₹2.7 Lakhs per year
Fresher as a Customer Support Executive Salary ₹2.7 Lakhs to ₹3.5 Lakhs per year
Fresher as a Data Entry Operator Salary ₹0.7 Lakhs to ₹2 Lakhs per year

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Average annual salary in Kotak Mahindra General Insurance , Indore is INRunlock blur . Salary estimates are based on 20+ Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

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