Axis Max Life Insurance Bancassurance Officer Salaries by 20+ Employees (Updated 2025)

1 - 5 years exp.

₹2.1 Lakhs - ₹4 Lakhs

Salary of majority employees

At par with the average Bancassurance Officer Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Bancassurance Officer Salary 1 - 5 years exp. (8 salaries)	₹2.2 L/yr - ₹4 L/yr
Sales & Business Development Bancassurance Officer Salary 2 - 3 years exp. (3 salaries)	₹2.4 L/yr - ₹2.7 L/yr
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Customer Success, Service & Operations Bancassurance Officer Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.2 L/yr

Last Updated: 21 Feb 2025

Companies similar to Axis Max Life Insurance for Bancassurance Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Life Bancassurance Officer Salary 0 - 5 years exp. (65 salaries)	₹1.5 L/yr - ₹4.5 L/yr 6% more
ICICI Prudential Life Insurance Bancassurance Officer Salary 1 - 5 years exp. (19 salaries)	₹1.5 L/yr - ₹4.5 L/yr 3% more
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SBI Life Insurance Company Bancassurance Officer Salary 1 - 7 years exp. (5 salaries)	₹2.6 L/yr - ₹4 L/yr 24% more
Bajaj Allianz Life Insurance Bancassurance Officer Salary 1 - 5 years exp. (10 salaries)	₹2.3 L/yr - ₹3.3 L/yr 2% more
Tata AIA Life Insurance Bancassurance Officer Salary 0 - 5 years exp. (69 salaries)	₹2.1 L/yr - ₹3.2 L/yr At par
Aditya Birla Sun Life Insurance Bancassurance Officer Salary 0 - 5 years exp. (13 salaries)	₹2.3 L/yr - ₹4 L/yr 16% more
Cholamandalam MS General Insurance Bancassurance Officer Salary 0 - 8 years exp. (13 salaries)	₹2.3 L/yr - ₹3.7 L/yr 18% more
HDFC Ergo General Insurance Bancassurance Officer Salary 0 - 5 years exp. (11 salaries)	₹2.6 L/yr - ₹3.5 L/yr 15% more
Star Union Dai-ichi Life Insurance Bancassurance Officer Salary 0 - 4 years exp. (7 salaries)	₹2.2 L/yr - ₹3.1 L/yr 3% less
ICICI Lombard General Insurance Company Bancassurance Officer Salary 1 - 6 years exp. (6 salaries)	₹3 L/yr - ₹3.6 L/yr 21% more
PNB MetLife Bancassurance Officer Salary 0 - 5 years exp. (6 salaries)	₹3 L/yr - ₹4.3 L/yr 16% more
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Life Insurance Corporation of India Bancassurance Officer Salary 2 - 11 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 8% less
Bajaj Allianz General Insurance Bancassurance Officer Salary 1 - 2 years exp. (4 salaries)	₹1.2 L/yr - ₹3 L/yr 17% less
Kotak Mahindara Life Insurance Bancassurance Officer Salary 1 - 7 years exp. (4 salaries)	₹2.7 L/yr - ₹4.5 L/yr 34% more
ManipalCigna Health Insurance Bancassurance Officer Salary 1 - 8 years exp. (4 salaries)	₹2.2 L/yr - ₹5.2 L/yr 33% more
Shriram Life Insurance Bancassurance Officer Salary 3 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 26% less
SBI General Insurance Bancassurance Officer Salary 2 - 3 years exp. (3 salaries)	₹2 L/yr - ₹3.8 L/yr 7% less

Bancassurance Officer salary at Axis Max Life Insurance ranges between ₹2.1 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 21 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Bancassurance Officer salaries

Last Updated: 21 Feb 2025

Experience	Avg Annual Salary
1 year (6 salaries)	₹2 L/yr - ₹3 L/yr
2 years (6 salaries)	₹2 L/yr - ₹3.2 L/yr
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3 years (5 salaries)	₹2.2 L/yr - ₹4 L/yr
4 years (3 salaries)	₹2.5 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5 L/yr

Similar Designation salaries in Axis Max Life Insurance

Bancassurance Manager Salary

(32 salaries)

₹2.65 L/yr - ₹7 L/yr

Relationship Officer Salary

(80 salaries)

₹2 L/yr - ₹3.3 L/yr

Business Sales Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Sales Manager Salary

(616 salaries)

₹2.5 L/yr - ₹6.5 L/yr

Financial Sales Manager Salary

(216 salaries)

₹3 L/yr - ₹5.6 L/yr

Area Manager Salary

(278 salaries)

₹4.2 L/yr - ₹13.5 L/yr

Cluster Manager Salary

(202 salaries)

₹5 L/yr - ₹14 L/yr

Associate Sales Manager Salary

(669 salaries)

₹2 L/yr - ₹5.05 L/yr

Relationship Manager Salary

(501 salaries)

₹1.1 L/yr - ₹7.03 L/yr

Deputy Manager Salary

(795 salaries)

₹2.4 L/yr - ₹8.5 L/yr

Salary related reviews for Axis Max Life Insurance

2.1

Rated by 6 employees for salary & benefits

Bancassurance Officer in Ernakulam

Bancassurance Department

4.0

• posted on 20 Sep 2018

3.0

for Salary and Benefits

Likes

Best manager I ever had. Friendly caring person over all. Job was good. No pressure and stress help in every section.

Work satisfaction - Good

Dislikes

...tty less most of the time and you have to take initiative if you need some help. Pay was also not so good should have included some travel allowance.

Associate Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 01 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time

Dislikes

Worst management and HR. Management torture Lower level staff for business. Even HR also support manager and they take concall for business. Worst working conditions in Max life Cooperative banca channel I have seen in my life time.

Salary - Poor

+6 more

Deputy Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 05 Jan 2024

1.0

for Salary and Benefits

Likes

To be very honest . Leaders are not at all good. They don’t treat people with respect. Just Bogus Company I ever worked with.

Dislikes

Everything. Full of Politics. Managers and leaders are not at all good.. Doesn’t provide Exact salary. And the KRA’s don’t match what they said during Interview.

Salary - Bad

+6 more

Sales Manager in New Delhi

Full Time

Sales Department

2.0

• posted on 26 Nov 2022

2.0

for Salary and Benefits

Likes

...hing About Likes and dislike as company is not my Girlfriend or spouse to love There is only one rule once you perform for any company company will pay. Once you are not favourite for your manager you have to leave the company. No employee want to change the job real truth is employee change their manager.

Salary - Poor

+6 more

Financial Sales Manager in South Kolkata

Full Time

Sales & Business Development Department

4.0

• posted on 27 Oct 2023

4.0

for Salary and Benefits

Likes

Training only.

Salary - Good

+2 more

Dislikes

...s are not coming Branch and dont meet Branch head or bsm /Ssm... Big politics . Salary hike is very nominal hike.!!.

Work satisfaction - Poor

see more salary related reviews

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Axis Max Life Insurance Bancassurance Officer Salary FAQs

What is the salary of Bancassurance Officer at Axis Max Life Insurance ?

The average salary of a Bancassurance Officer at Axis Max Life Insurance in India typically ranges from ₹2.1 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Bancassurance Officer at Axis Max Life Insurance earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Bancassurance Officer Salaries at Axis Max 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 20+ Axis Max Life Insurance employees in India.

What is the estimated take home salary of a Bancassurance Officer at Axis Max Life Insurance in India?

The estimated take-home salary of a Bancassurance Officer at Axis Max Life Insurance in India typically ranges from ₹19,224 to ₹20,899 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 20+ salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Axis Max Life Insurance for Bancassurance Officer in India?

Kotak Mahindara Life Insurance	₹2.7 Lakhs to ₹4.5 Lakhs per year
ManipalCigna Health Insurance	₹2.2 Lakhs to ₹5.2 Lakhs per year
SBI Life Insurance Company	₹2.6 Lakhs to ₹4.0 Lakhs per year
ICICI Lombard General Insurance Company	₹3.0 Lakhs to ₹3.6 Lakhs per year
Cholamandalam MS General Insurance	₹2.3 Lakhs to ₹3.7 Lakhs per year

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

What is the salary of a Bancassurance Officer in companies similar to Axis Max Life Insurance in India?

The salary of a Bancassurance Officer at companies similar to Axis Max Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Sun Life Insurance	₹2.3 Lakhs to ₹4.0 Lakhs per year
PNB MetLife	₹3.0 Lakhs to ₹4.3 Lakhs per year
HDFC Ergo General Insurance	₹2.6 Lakhs to ₹3.5 Lakhs per year
HDFC Life	₹1.5 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance	₹1.5 Lakhs to ₹4.5 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 Bancassurance Officer at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹3.0 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.2 Lakhs per year
3 years	₹2.2 Lakhs to ₹4.0 Lakhs per year
4 years	₹2.5 Lakhs to ₹4.0 Lakhs per year

and so on.

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Axis Max Life Insurance Bancassurance Officer Salaries

Axis Max Life Insurance Bancassurance Officer salary in India ranges between ₹2.1 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.