Axis Bank Life Insurance Manager Salaries by 4 Employees

1 - 3 years exp.

₹2.3 Lakhs - ₹3.8 Lakhs

Low Confidence

Salary of majority employees

21% less than the average Life Insurance Manager Salary in Banking Companies for 1 - 3 years of experience

Interested in this particular role?

Last Updated: 18 Nov 2023

Companies similar to Axis Bank for Life Insurance Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Life Insurance Manager Salary 0 - 7 years exp. (3 salaries)	₹3 L/yr - ₹6.3 L/yr 52% more
HDFC Life Life Insurance Manager Salary 1 - 7 years exp. (25 salaries)	₹3 L/yr - ₹5.2 L/yr 27% more
Login to view exact salary
Tata AIA Life Insurance Life Insurance Manager Salary 2 - 8 years exp. (13 salaries)	₹3 L/yr - ₹6.3 L/yr 56% more
PNB MetLife Life Insurance Manager Salary 0 - 9 years exp. (12 salaries)	₹1.2 L/yr - ₹4.5 L/yr 23% more
ICICI Prudential Life Insurance Life Insurance Manager Salary 1 - 7 years exp. (9 salaries)	₹2.4 L/yr - ₹3.8 L/yr 19% more

Life Insurance Manager salary at Axis Bank ranges between ₹2.3 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Bank.

Experience wise Axis Bank Life Insurance Manager salaries

Last Updated: 18 Nov 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.1 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.8 L/yr

Similar Designation salaries in Axis Bank

Branch Manager Salary

(329 salaries)

₹6.22 L/yr - ₹24 L/yr

Store Manager Salary

(4 salaries)

₹2.3 L/yr - ₹6.14 L/yr

Area Sales Manager Salary

(893 salaries)

₹6.71 L/yr - ₹23 L/yr

Area Manager Salary

(139 salaries)

₹4.45 L/yr - ₹14.03 L/yr

Deputy Manager Salary

(10.5k salaries)

₹2 L/yr - ₹9 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Sales Manager Salary

(3k salaries)

₹3 L/yr - ₹13 L/yr

Assistant Sales Manager Salary

(698 salaries)

₹1.8 L/yr - ₹4.62 L/yr

Relationship Manager Salary

(1.8k salaries)

₹2.5 L/yr - ₹12 L/yr

Branch Sales Manager Salary

(547 salaries)

₹2.7 L/yr - ₹11.3 L/yr

Salary related reviews for Axis Bank

3.0

Rated by 1 employees for salary & benefits

Deputy Manager in Bangalore / Bengaluru (working remotely)

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Jan 2025

3.0

for Salary and Benefits

Likes

Skill development compared to other bank axis provide good learnings

Job security - Good

Dislikes

Axis gives less salary compared to other bank and also high work pressure and high pressure to cross sell and make employees to run behind the customer and its make Customer to get irritated

Work satisfaction - Poor

+2 more

Deputy Manager in Lucknow

Full Time

Legal & Regulatory Department

2.0

• posted on 11 Dec 2024

1.0

for Salary and Benefits

Likes

The team is good and if you want to learn on your own

Job security - Excellent

Dislikes

Location placement is not good Culture is not good as well Salary is the worst as compared to other national banks Overall learning is not that great No training facilities

Salary - Bad

+3 more

Deputy Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 21 Nov 2024

5.0

for Salary and Benefits

Likes

Salary on time. Descent salary package they provide compare to other companies.

Salary - Excellent

Dislikes

No work life balance. Unlimited pressure on tpp products. Huge mental pressure. Worst work culture. Huge partiality within employees. No team work.

Work satisfaction - Poor

+2 more

Deputy Manager in Noida

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 Nov 2024

2.0

for Salary and Benefits

Likes

Job certainty, less pressure of work as compared to other bank.

Job security - Good

Dislikes

Out dated Process of work, no training for new joiners, less salary package as compared to other company, lack of communication before application of new process, no leave encashment

Salary - Poor

+3 more

Sales Officer in Kollam (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 08 Oct 2024

1.0

for Salary and Benefits

Likes

I'm very disappointed with my experience at Axis Bank. The work culture feels overly pressurized, and I find the numerous account charges frustrating. It seems like there are fees for every little thing, which adds to my dissatisfaction. Overall, I do not appreciate the environment or the practices at Axis Bank.

Dislikes

... to such pressure, especially during peak login times. I hate this bank forever. I’ve been facing significant financial strain due to my salary being consistently low at 7,000 to 8,000 for the past 10 months. The bank has deducted amounts for parental insurance without proper communication, and this has caused me a lot of hardship.

Salary - Bad

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Axis Bank

View All

shekhar22

works at

Axis Bank

How can you negotiate with employer you recently joined finding out that the salary package it has offered does not match with grade offered

Got a question about Axis Bank?

Ask anonymously on communities.

Axis Bank Life Insurance Manager Salary FAQs

What is the salary of Life Insurance Manager at Axis Bank ?

The average salary of a Life Insurance Manager at Axis Bank in India typically ranges from ₹2.3 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Life Insurance Manager at Axis Bank earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Life Insurance Manager Salaries at Axis Bank 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 Axis Bank employees in India.

What is the estimated take home salary of a Life Insurance Manager at Axis Bank in India?

The estimated take-home salary of a Life Insurance Manager at Axis Bank in India typically ranges from ₹20,196 to ₹21,857 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 1 year to 3 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 Axis Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Axis Bank for Life Insurance Manager in India?

Tata AIA Life Insurance	₹3.0 Lakhs to ₹6.3 Lakhs per year
HDFC Bank	₹3.0 Lakhs to ₹6.3 Lakhs per year
HDFC Life	₹3.0 Lakhs to ₹5.2 Lakhs per year
PNB MetLife	₹1.2 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance	₹2.4 Lakhs to ₹3.8 Lakhs per year

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

How the salary growth look like for a Life Insurance Manager at Axis Bank in India?

The salary growth for a Life Insurance Manager at Axis Bank depends on factors such as experience, performance, and promotions. On average, a Life Insurance Manager can expect the following growth trajectory at Axis Bank:

Experience	Average Salary Range
1 year	₹2.3 Lakhs to ₹2.5 Lakhs per year
2 years	₹2.3 Lakhs to ₹5.1 Lakhs per year
3 years	₹1.4 Lakhs to ₹3.8 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Axis Bank Salaries >
Axis Bank Life Insurance Manager Salaries

Axis Bank Life Insurance Manager salary in India ranges between ₹2.3 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Axis Bank latest salaries received from various employees of Axis Bank.