Kotak Mahindra General Insurance Zonal Manager Salaries by 4 Employees (Updated 2025)

13 - 17 years exp.

₹9.5 Lakhs - ₹21.3 Lakhs

Salary of majority employees

At par with the average Zonal Manager Salary in Insurance Companies for 13 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Zonal Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹16.5 L/yr
Engineering - Hardware & Networks Zonal Manager Salary 15 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr
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Sales & Business Development Zonal Manager Salary 17 years exp. (AmbitionBox Estimate)	₹19.2 L/yr - ₹23.4 L/yr

Last Updated: 24 Jan 2025

Companies similar to Kotak Mahindra General Insurance for Zonal Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Zonal Manager Salary 15 - 20 years exp. (4 salaries)	₹21.9 L/yr - ₹24 L/yr 47% more
Bajaj Allianz General Insurance Zonal Manager Salary 12 - 19 years exp. (4 salaries)	₹16 L/yr - ₹23 L/yr 12% more
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Reliance General Insurance Zonal Manager Salary 10 - 14 years exp. (4 salaries)	₹7.3 L/yr - ₹8.6 L/yr 47% less
Tata AIG Zonal Manager Salary 13 - 16 years exp. (5 salaries)	₹13 L/yr - ₹15.4 L/yr 3% less
Future Generali India Life Insurance Zonal Manager Salary 11 - 23 years exp. (4 salaries)	₹13.5 L/yr - ₹31 L/yr 32% more
HDFC Life Zonal Manager Salary 10 - 12 years exp. (9 salaries)	₹10 L/yr - ₹22 L/yr 7% more
ICICI Prudential Life Insurance Zonal Manager Salary 4 - 17 years exp. (7 salaries)	₹7 L/yr - ₹22 L/yr 1% more
Aditya Birla Health Insurance Co Zonal Manager Salary 10 - 20 years exp. (7 salaries)	₹13 L/yr - ₹31 L/yr 46% more
Cholamandalam MS General Insurance Zonal Manager Salary 12 - 16 years exp. (5 salaries)	₹21 L/yr - ₹30 L/yr 81% more
Aviva Life Insurance India Zonal Manager Salary 12 - 19 years exp. (4 salaries)	₹10.5 L/yr - ₹30 L/yr 16% more
Pramerica Life Insurance Zonal Manager Salary 8 - 15 years exp. (4 salaries)	₹6 L/yr - ₹15.5 L/yr 28% less
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Edelweiss Life Insurance Zonal Manager Salary 9 - 20 years exp. (4 salaries)	₹13.6 L/yr - ₹31 L/yr 46% more
ManipalCigna Health Insurance Zonal Manager Salary 6 - 20 years exp. (4 salaries)	₹15.4 L/yr - ₹36 L/yr 75% more
Allianz Partners Zonal Manager Salary 11 - 18 years exp. (3 salaries)	₹8.4 L/yr - ₹27.5 L/yr 30% more

Zonal Manager salary at Kotak Mahindra General Insurance ranges between ₹9.5 Lakhs to ₹21.3 Lakhs per year for employees with experience between 13 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Zonal Manager salaries

Last Updated: 24 Jan 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
14 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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15+ years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.7 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Regional Manager Salary

(4 salaries)

₹14.5 L/yr - ₹30 L/yr

Sales Manager Salary

(7 salaries)

₹4.25 L/yr - ₹6.5 L/yr

Zonal Sales Manager Salary

(3 salaries)

₹13 L/yr - ₹22.7 L/yr

Zonal Head Salary

(4 salaries)

₹22 L/yr - ₹65 L/yr

Deputy Manager Salary

(229 salaries)

₹2.95 L/yr - ₹7.12 L/yr

Cluster Manager Salary

(4 salaries)

₹5.3 L/yr - ₹7.7 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Area Sales Manager Salary

(7 salaries)

₹5 L/yr - ₹17.3 L/yr

Regional Head Salary

(4 salaries)

₹20.6 L/yr - ₹34.5 L/yr

Deputy General Manager Salary

(4 salaries)

₹4.5 L/yr - ₹5.3 L/yr

Salary related reviews for Kotak Mahindra General Insurance

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

see more salary related reviews

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Kotak Mahindra General Insurance Zonal Manager Salary FAQs

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

Zonal Manager salary at Kotak Mahindra General Insurance in India ranges between ₹9.5 Lakhs to ₹21.3 Lakhs for experience between 13 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra General Insurance India.

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

Cholamandalam MS General Insurance Zonal Manager Salary - ₹21.0 Lakhs to ₹30.0 Lakhs per year
ManipalCigna Health Insurance Zonal Manager Salary - ₹15.4 Lakhs to ₹36.0 Lakhs per year
ICICI Lombard General Insurance Company Zonal Manager Salary - ₹21.9 Lakhs to ₹24.0 Lakhs per year
Aditya Birla Health Insurance Co Zonal Manager Salary - ₹13.0 Lakhs to ₹31.0 Lakhs per year
Edelweiss Life Insurance Zonal Manager Salary - ₹13.6 Lakhs to ₹31.0 Lakhs per year

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

Future Generali India Life Insurance Zonal Manager Salary - ₹13.5 Lakhs to ₹31.0 Lakhs per year
Allianz Partners Zonal Manager Salary - ₹8.4 Lakhs to ₹27.5 Lakhs per year
Aviva Life Insurance India Zonal Manager Salary - ₹10.5 Lakhs to ₹30.0 Lakhs per year
Bajaj Allianz General Insurance Zonal Manager Salary - ₹16.0 Lakhs to ₹23.0 Lakhs per year
HDFC Life Zonal Manager Salary - ₹10.0 Lakhs to ₹22.0 Lakhs per year

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

The estimated take-home salary of a Zonal Manager at Kotak Mahindra General Insurance ranges between ₹1,04,705 per month to ₹1,07,579 per month in India. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Zonal Manager salary in India which ranges between ₹9.5 Lakhs to ₹21.3 Lakhs per year for employees with experience between 13 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Zonal Manager at Kotak Mahindra General Insurance?

According to AmbitionBox, 75% of the Kotak Mahindra General Insurance Zonal Managers reported a notice period of 3 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Zonal Manager Salaries

Kotak Mahindra General Insurance Zonal Manager salary in India ranges between ₹9.5 Lakhs to ₹21.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.