Aditya Birla Capital Bancassurance Manager Salaries by 4 Employees

2 - 6 years exp.

₹3.5 Lakhs - ₹3.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

34% less than the average Bancassurance Manager Salary in Financial Services Companies for 2 - 6 years of experience

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Last Updated: 30 Jun 2024

Companies similar to Aditya Birla Capital for Bancassurance Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Sales Bancassurance Manager Salary 4 - 8 years exp. (3 salaries)	₹3.8 L/yr - ₹5.5 L/yr 31% more
HDFC Life Bancassurance Manager Salary 0 - 12 years exp. (1.4k salaries)	₹3 L/yr - ₹7 L/yr 58% more	3 job openings
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Tata AIA Life Insurance Bancassurance Manager Salary 3 - 10 years exp. (128 salaries)	₹3.5 L/yr - ₹8 L/yr 58% more
Axis Max Life Insurance Bancassurance Manager Salary 2 - 10 years exp. (32 salaries)	₹2.7 L/yr - ₹7 L/yr 20% more
ICICI Prudential Life Insurance Bancassurance Manager Salary 0 - 10 years exp. (27 salaries)	₹2.7 L/yr - ₹6.5 L/yr 8% more

Bancassurance Manager salary at Aditya Birla Capital ranges between ₹3.5 Lakhs to ₹3.7 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Aditya Birla Capital.

Experience wise Aditya Birla Capital Bancassurance Manager salaries

Last Updated: 30 Jun 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr

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Salary related reviews for Aditya Birla Capital

5.0

Rated by 1 employees for salary & benefits

Business Development Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 25 Mar 2025

3.0

for Salary and Benefits

Likes

...re is good. Office location is good. Easily accessible through public transport. Competitive salary and incentives as per market structure is there

Job security - Good

+1 more

Dislikes

Mandatory for all employees of Aditya Birla Capital (All 17 group companies) to do referral business. This is applicable for sales as well as non sales role where any retail business from Different Line of Business (LoB) needs to be done. This is part of KPI and if not done KPI is severely affected even for employees in non sales function like HR, Admin, Ops etc. per month one successful conversion needs to be done and it is being pushed from Chairman's level. This is very detrimental to employees as no other company follow this policy

Work satisfaction - Bad

+2 more

Sales Manager in Varanasi

Full Time

Sales & Business Development Department

5.0

• posted on 21 Aug 2024

5.0

for Salary and Benefits

Likes

This is an amazing multinational company.. I satisfy here with company culture , work satifaction and salary benifits.

Salary - Excellent

+6 more

Dislikes

There is no any demerit here to join ADITYA BIRLA CAPITAL (ABCL) according to me.

Business Development Manager in Dimapur, Nagaland

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 14 Sep 2020

3.0

for Salary and Benefits

Likes

Journey with the organisation for last 10 yrs has been great..full of experience. It is an incentive based organisation, so if u work you earn as it has a good incentive structure. It has followed the proper SOP in these covid times. No special care but organisation has not been harsh as well.

Skill development - Good

+3 more

Dislikes

Bsli is a very good organisation but for a decade the salary structure stays the same.

Business Development Manager in Guwahati

Fiannce n insurance Department

5.0

• posted on 12 Mar 2020

4.0

for Salary and Benefits

Likes

Aditya birla capital is a very good employee oriented company ....company employee are so helpful n helped to each n every employee n company policy is good for all employee n customer of birla.

Salary - Good

+6 more

Dislikes

Salary hike n incentives are so low compare to other capital market company.

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 26 Jul 2024

5.0

for Salary and Benefits

Likes

Salary, Job security, Learnings

Salary - Excellent

+1 more

Dislikes

Work life balance. Asking for leave is crime. No matter how many leaves are balance. Even if your blood relation person is admitted in hospital you will be given work from home but no leave shall be approved. No adequate hiring complete focus on cost cutting on employees.

Skill development - Poor

+4 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Aditya Birla Capital Bancassurance Manager Salary FAQs

What is the salary of Bancassurance Manager at Aditya Birla Capital ?

The average salary of a Bancassurance Manager at Aditya Birla Capital in India typically ranges from ₹3.5 Lakhs to ₹3.7 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Bancassurance Manager at Aditya Birla Capital earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Bancassurance Manager Salaries at Aditya Birla Capital 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 4 Aditya Birla Capital employees in India.

What is the estimated take home salary of a Bancassurance Manager at Aditya Birla Capital in India?

The estimated take-home salary of a Bancassurance Manager at Aditya Birla Capital in India typically ranges from ₹26,136 to ₹27,557 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from 2 years 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 4 salaries received from various employees of Aditya Birla Capital. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Aditya Birla Capital for Bancassurance Manager in India?

Tata AIA Life Insurance	₹3.5 Lakhs to ₹8.0 Lakhs per year
HDFC Life	₹3.0 Lakhs to ₹7.0 Lakhs per year
HDFC Sales	₹3.8 Lakhs to ₹5.5 Lakhs per year
Axis Max Life Insurance	₹2.7 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance	₹2.7 Lakhs to ₹6.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aditya Birla Capital, depending on the role and experience level.

How the salary growth look like for a Bancassurance Manager at Aditya Birla Capital in India?

The salary growth for a Bancassurance Manager at Aditya Birla Capital depends on factors such as experience, performance, and promotions. On average, a Bancassurance Manager can expect the following growth trajectory at Aditya Birla Capital:

Experience	Average Salary Range
2 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years	₹3.3 Lakhs to ₹4.2 Lakhs per year

and so on.

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Aditya Birla Capital Bancassurance Manager Salaries

Aditya Birla Capital Bancassurance Manager salary in India ranges between ₹3.5 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Aditya Birla Capital latest salaries received from various employees of Aditya Birla Capital.