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Annual salary range
1 - 6 years exp.
₹1.7
Lakh - ₹3.6
Lakhs
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
Financial Advisor Salary at Kotak Mahindara Life Insurance ranges between ₹1.7 Lakh to ₹3.6 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 7 latest salaries...
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47% less than the average Financial Advisor Salary in Insurance Companies for 1 - 6 years of experience
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Companies similar to Kotak Mahindara Life Insurance for Financial Advisor in Bangalore / Bengaluru
Kotak Mahindara Life Insurance
Financial Advisor Salary
1 - 6 years exp. (7 salaries) |  ₹1.7 L/yr - ₹3.6 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Financial Advisor Salary
0 - 4 years exp. (18 salaries) |  ₹2 L/yr - ₹5 L/yr 
29%
more | |
 HDFC Life Financial Advisor Salary
1 - 5 years exp. (7 salaries) | ₹2 L/yr - ₹5.5 L/yr
18%
more | |
Login to view exact salary
| ||
 Axis Max Life Insurance Financial Advisor Salary
4 years exp. (AmbitionBox Estimate) | ₹2.9 L/yr - ₹3.7 L/yr
18%
more | |
 SBI Life Insurance Company Financial Advisor Salary
1 - 5 years exp. (6 salaries) | ₹2.2 L/yr - ₹4.5 L/yr
7%
more | |
 Life Insurance Corporation of India Financial Advisor Salary
0 - 6 years exp. (4 salaries) | ₹2.4 L/yr - ₹3.5 L/yr 
3%
less | |
 Empower Financial Advisor Salary
5 - 7 years exp. (3 salaries) | ₹5.5 L/yr - ₹6.5 L/yr
115%
more | |
Kotak Mahindara Life Insurance Financial Advisor salaries by
| Years of experience | Avg. annual salary |
|---|---|
| 1 year (AmbitionBox Estimate) |
₹2.1
L/yr
- ₹2.7
L/yr
|
| 2 years (AmbitionBox Estimate) |
₹2.3
L/yr
- ₹3
L/yr
|
Login to view exact salary
| |
| 3 years (AmbitionBox Estimate) |
₹2.5
L/yr
- ₹3.2
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹2.7
L/yr
- ₹3.5
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹2.9
L/yr
- ₹3.6
L/yr
|
View all salaries by experience
Similar Designation Salaries at Kotak Mahindara Life Insurance
| Similar Designation | Avg. annual salary |
|---|---|
Management Trainee Salary
(12 salaries)
| ₹2.8 L/yr - ₹4.3 L/yr |
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Kotak Mahindara Life Insurance Financial Advisor Salary FAQs
What is the salary of Financial Advisor at Kotak Mahindara Life Insurance in Bangalore / Bengaluru?
The average salary of a Financial Advisor at Kotak Mahindara Life Insurance in Bangalore / Bengaluru typically ranges from ₹1.7 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 6 years).
The top 10% of Financial Advisor in Bangalore / Bengaluru at Kotak Mahindara Life Insurance earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Financial Advisor Salaries at Kotak Mahindara Life 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 estimates are based on salary data submitted by 7 Kotak Mahindara Life Insurance employees in India.
The top 10% of Financial Advisor in Bangalore / Bengaluru at Kotak Mahindara Life Insurance earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Financial Advisor Salaries at Kotak Mahindara Life 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 estimates are based on salary data submitted by 7 Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Financial Advisor at Kotak Mahindara Life Insurance in Bangalore / Bengaluru?
The estimated take-home salary of a Financial Advisor at Kotak Mahindara Life Insurance in Bangalore / Bengaluru typically ranges from ₹19,785 to ₹21,452 per month. This is based on the average salary range of
₹1.7 Lakhs to ₹3.6 Lakhs
per year for employees with experience ranging from 1 year to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Financial Advisor at Kotak Mahindara Life Insurance in Bangalore / Bengaluru?
Financial Advisory is a popular skill required to work as a Financial Advisor at Kotak Mahindara Life Insurance.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for Financial Advisor in India?
| Empower | ₹5.5 Lakhs to ₹6.5 Lakhs per year |
| ICICI Prudential Life Insurance | ₹2.0 Lakhs to ₹5.0 Lakhs per year |
| Axis Max Life Insurance | ₹2.9 Lakhs to ₹3.7 Lakhs per year |
| HDFC Life | ₹2.0 Lakhs to ₹5.5 Lakhs per year |
| SBI Life Insurance Company | ₹2.2 Lakhs to ₹4.5 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.
What is the salary of a Financial Advisor in companies similar to Kotak Mahindara Life Insurance in Bangalore / Bengaluru?
The salary of a Financial Advisor at companies similar to Kotak Mahindara Life Insurance in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Life Insurance Corporation of India | ₹2.4 Lakhs to ₹3.5 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Financial Advisor at Kotak Mahindara Life Insurance in Bangalore / Bengaluru?
The salary growth for a Financial Advisor at Kotak Mahindara Life Insurance in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Financial Advisor in Bangalore / Bengaluru can expect the following growth trajectory at Kotak Mahindara Life Insurance:
and so on.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹2.1 Lakhs to ₹2.7 Lakhs per year |
| 2 years | ₹2.3 Lakhs to ₹3.0 Lakhs per year |
| 3 years | ₹2.5 Lakhs to ₹3.2 Lakhs per year |
| 4 years | ₹2.7 Lakhs to ₹3.5 Lakhs per year |
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- Kotak Mahindara Life Insurance Financial Advisor Salaries in Bangalore / Bengaluru
Kotak Mahindara Life Insurance Financial Advisor salary
in
Bangalore / Bengaluru
ranges between ₹1.7
Lakh to ₹3.6
Lakhs with an average annual salary of
₹
. Salary estimates are based on
7
Kotak Mahindara Life Insurance latest salaries received from various employees of
Kotak Mahindara Life Insurance.