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Aditya Birla Sun Life Insurance Cluster Manager Banca salaries in India (Updated 2025)

Annual salary range
4 - 12 years exp.
₹6 Lakhs - ₹12.6 Lakhs
Salary of majority employees
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11% more than the average Cluster Manager Banca Salary in Insurance Companies for 4 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Cluster Manager Banca Salary
4 - 12 years exp. (21 salaries)
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₹6 L/yr - ₹12.6 L/yr

Sales & Business Development
Cluster Manager Banca Salary
4 - 11 years exp. (14 salaries)
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₹6.1 L/yr - ₹10 L/yr

Finance & Accounting
Cluster Manager Banca Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹6.8 L/yr - ₹7.8 L/yr

Last Updated: 28 Feb 2025

Companies similar to Aditya Birla Sun Life Insurance for Cluster Manager Banca

Company name Avg Annual Salary Open Jobs
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HDFC Life Cluster Manager Banca Salary

7 - 16 years exp. (46 salaries)

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₹7 L/yr - ₹11.5 L/yr

arrow icon 16% more
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₹5 L/yr - ₹9.8 L/yr

arrow icon 17% less
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₹9 L/yr - ₹12.3 L/yr

arrow icon 35% more
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₹5.1 L/yr - ₹9 L/yr

arrow icon 11% less
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₹6 L/yr - ₹10 L/yr

arrow icon 4% less
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₹5.5 L/yr - ₹13 L/yr

arrow icon 12% more
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₹4.4 L/yr - ₹6 L/yr

arrow icon 35% less
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₹7 L/yr - ₹10 L/yr

arrow icon 10% more
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₹4.6 L/yr - ₹4.9 L/yr

arrow icon 40% less
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₹6.5 L/yr - ₹18 L/yr

arrow icon 29% more
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₹7.5 L/yr - ₹10 L/yr

arrow icon 10% more
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₹8 L/yr - ₹12 L/yr

arrow icon 27% more
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PNB MetLife Cluster Manager Banca Salary

6 - 8 years exp. (3 salaries)

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₹4 L/yr - ₹5.8 L/yr

arrow icon 34% less
Cluster Manager Banca salary at Aditya Birla Sun Life Insurance ranges between ₹6 Lakhs to ₹12.6 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 41 latest salaries received from various employees of Aditya Birla Sun Life Insurance.

Latest annual salaries shared by Aditya Birla Sun Life Insurance Cluster Manager Banca

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Experience wise Aditya Birla Sun Life Insurance Cluster Manager Banca salaries

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
4 years  (4 salaries)

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₹6 L/yr - ₹9.9 L/yr
5 years (AmbitionBox Estimate)

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₹6.4 L/yr - ₹8.2 L/yr
6 years  (5 salaries)

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₹6.1 L/yr - ₹8.5 L/yr
7 years  (9 salaries)

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₹6.5 L/yr - ₹8.5 L/yr
8 years  (9 salaries)

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₹6.1 L/yr - ₹9.5 L/yr
View all

Similar Designation salaries in Aditya Birla Sun Life Insurance

Cluster Manager Salary
(328 salaries)
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₹5.2 L/yr - ₹14 L/yr
Area Manager Salary
(127 salaries)
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₹4.5 L/yr - ₹9.3 L/yr
Deputy Manager Salary
(193 salaries)
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₹2.9 L/yr - ₹10 L/yr
Sales Manager Salary
(239 salaries)
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₹2.2 L/yr - ₹10.5 L/yr
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₹4 L/yr - ₹5 L/yr
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₹1.7 L/yr - ₹5.5 L/yr
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₹2.5 L/yr - ₹5 L/yr
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₹2.5 L/yr - ₹5 L/yr
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₹2.4 L/yr - ₹4.22 L/yr
Corporate Agency Manager Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for Aditya Birla Sun Life Insurance

3.1

Rated by 9 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 01 May 2024

1.0
 for  Salary and Benefits

Likes

Great work-life balance, working culture is decent, good place to learn about insurance and how to work in general. Job security is very high.

read more
  • Job security - Excellent
  • +2 more

Dislikes

Salary is easily the worst in the entire industry. Feels more like pocket money. Management isn’t rock-solid all the way. Promotions are best left forgotten. No yearly appraisals. Overall, a very good organisation to work for as long as you don’t care about earning a decent amount.

read more
  • Salary - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 30 Oct 2023

3.0
 for  Salary and Benefits

Likes

Company has good working culture, which will help you to maintain work life balance.

  • Job security - Good
  • +2 more

Dislikes

...pany doesn't have go getter attitude and not aggresive for the business at all. Salary and incentives structure is very poor. Even they don't provide exact salary what they mention at appoinment letter.

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  • Skill development - Poor
  • +2 more

BFSI, Investments & Trading Department

2.0
  •  posted on 30 Apr 2022

3.0
 for  Salary and Benefits

Likes

...and in market the work culture of Aditya Birla Sun Life Insurance is very worst. No self respect, no leave, even they are force you working on holiday and if you unavailable due to any of reason then your salary will be hold. Senior are doing harassment, here if you are good job here then you will not get the appreciate even seniors will blame you on your work. You unable to take a single leave here even if you have the health problems. The matter is if you are ready for do the labour work then they will pay you regularly. The official time is 09:30 AM - 06:30 PM but they will force to work for 08:30 AM - 09, 10, 11 PM regularly. If you denied for that then simple as before said your salary will be Hold. The HR policy is not available here. The managers are also using slangs in office. So overall it's not a good company for a long period. It's only little bit good for Just take the experience and fly 🕊️ away to a better place where you can utilise your knowledge for the organisational growth.

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Dislikes

Office Timing (Minimum 12 Hours you need to spend in office). 7 Days working while they have Sunday off with Alternate Saturday off. Manager's behaviour because they are using slangs. No leave allowed while they have paid leave policy. No Work life balance. No Job Satisfaction. No respect while your performance also best. No integrity.

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  • Skill development - Poor
  • +5 more

BFSI, Investments & Trading Department

4.0
  •  posted on 06 Aug 2018

3.0
 for  Salary and Benefits

Likes

I want to growth and job security.

  • Work satisfaction - Good
  • +2 more

Dislikes

Compensation is decent, and growth is slow.The work pressure is very high.Sometime , I have to work 11 to 16 hours straight in the day as I have to attend client calls in the evening and sometimes late into the night.

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Full Time

 · 

Teaching & Training Department

4.0
  •  posted on 26 Jun 2024

3.0
 for  Salary and Benefits

Likes

It's a good company to work with the overall core values of the organisation is excellent.

Dislikes

...if it illogical they will still do it cause the management has decided to do so. Salary is not that competitive and we work for 14-15 hours to close everything. Sometimes you are required to work on weekends and theblast day of the month for which u are not compensated. They do not give any compoffs of you are required to work on holidays.

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

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Aditya Birla Sun Life Insurance Cluster Manager Banca Salary FAQs

What is the salary of Cluster Manager Banca at Aditya Birla Sun Life Insurance ?
The average salary of a Cluster Manager Banca at Aditya Birla Sun Life Insurance in India typically ranges from ₹6.0 Lakhs to ₹12.6 Lakhs per year, depending on experience (from 4 years to 12 years).

The top 10% of Cluster Manager Banca at Aditya Birla Sun Life Insurance earn more than ₹11.1 Lakhs per year, and the top 1% earn over ₹12.6 Lakhs per year. Cluster Manager Banca Salaries at Aditya Birla Sun 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 40+ Aditya Birla Sun Life Insurance employees in India.
What is the estimated take home salary of a Cluster Manager Banca at Aditya Birla Sun Life Insurance in India?
The estimated take-home salary of a Cluster Manager Banca at Aditya Birla Sun Life Insurance in India typically ranges from ₹58,637 to ₹60,116 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹12.6 Lakhs per year for employees with experience ranging from 4 years to 12 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 40+ salaries received from various employees of Aditya Birla Sun Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Aditya Birla Sun Life Insurance for Cluster Manager Banca in India?
Axis Max Life Insurance ₹9.0 Lakhs to ₹12.3 Lakhs per year
ICICI Prudential Life Insurance ₹6.5 Lakhs to ₹18.0 Lakhs per year
ICICI Lombard General Insurance Company ₹8.0 Lakhs to ₹12.0 Lakhs per year
HDFC Life ₹7.0 Lakhs to ₹11.5 Lakhs per year
Kotak Mahindara Life Insurance ₹5.5 Lakhs to ₹13.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aditya Birla Sun Life Insurance, depending on the role and experience level.
What is the salary of a Cluster Manager Banca in companies similar to Aditya Birla Sun Life Insurance in India?
The salary of a Cluster Manager Banca at companies similar to Aditya Birla Sun Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI General Insurance ₹7.5 Lakhs to ₹10.0 Lakhs per year
Tata AIA Life Insurance ₹7.0 Lakhs to ₹10.0 Lakhs per year
Bajaj Allianz Life Insurance ₹6.0 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Health Insurance Co ₹5.1 Lakhs to ₹9.0 Lakhs per year
Star Health & Allied Insurance ₹5.0 Lakhs to ₹9.8 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 Cluster Manager Banca at Aditya Birla Sun Life Insurance in India?
The salary growth for a Cluster Manager Banca at Aditya Birla Sun Life Insurance depends on factors such as experience, performance, and promotions. On average, a Cluster Manager Banca can expect the following growth trajectory at Aditya Birla Sun Life Insurance:

Experience Average Salary Range
4 years ₹6.0 Lakhs to ₹9.9 Lakhs per year
5 years ₹6.4 Lakhs to ₹8.2 Lakhs per year
6 years ₹6.1 Lakhs to ₹8.5 Lakhs per year
7 years ₹6.5 Lakhs to ₹8.5 Lakhs per year
and so on.

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Aditya Birla Sun Life Insurance Cluster Manager Banca salary in India ranges between ₹6 Lakhs to ₹12.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 41 Aditya Birla Sun Life Insurance latest salaries received from various employees of Aditya Birla Sun Life Insurance.