Max Life Insurance Cluster Manager Banca Salaries by 10+ Employees (Updated 2025)

7 - 17 years exp.

₹9 Lakhs - ₹12.3 Lakhs

Salary of majority employees

50% more than the average Cluster Manager Banca Salary in Insurance Companies for 7 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Banca Salary 14 - 17 years exp. (5 salaries)	₹10.5 L/yr - ₹12.3 L/yr
Customer Success, Service & Operations Cluster Manager Banca Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹14.3 L/yr
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Finance & Accounting Cluster Manager Banca Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹7.4 L/yr - ₹9 L/yr
Sales & Business Development Cluster Manager Banca Salary 7 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹11.9 L/yr

Last Updated: 21 Dec 2024

Companies similar to Axis Max Life Insurance for Cluster Manager Banca

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Cluster Manager Banca Salary 2 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹18 L/yr 4% less
HDFC Life Cluster Manager Banca Salary 6 - 16 years exp. (47 salaries)	₹7 L/yr - ₹11.5 L/yr 17% less
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Bajaj Allianz Life Insurance Cluster Manager Banca Salary 7 - 13 years exp. (9 salaries)	₹6 L/yr - ₹10 L/yr 29% less
Kotak Mahindara Life Insurance Cluster Manager Banca Salary 8 - 17 years exp. (7 salaries)	₹5.5 L/yr - ₹13 L/yr 17% less
Reliance Nippon Life Insurance Cluster Manager Banca Salary 9 - 11 years exp. (5 salaries)	₹4.4 L/yr - ₹6 L/yr 52% less
Tata AIA Life Insurance Cluster Manager Banca Salary 8 - 13 years exp. (5 salaries)	₹7 L/yr - ₹10 L/yr 19% less
Aditya Birla Sun Life Insurance Cluster Manager Banca Salary 3 - 12 years exp. (41 salaries)	₹6 L/yr - ₹12.5 L/yr 27% less
PNB MetLife Cluster Manager Banca Salary 6 - 8 years exp. (3 salaries)	₹4 L/yr - ₹5.8 L/yr 51% less
Star Health & Allied Insurance Cluster Manager Banca Salary 4 - 13 years exp. (20 salaries)	₹4.3 L/yr - ₹9.8 L/yr 40% less
HDFC Ergo General Insurance Cluster Manager Banca Salary 3 - 8 years exp. (5 salaries)	₹4.6 L/yr - ₹4.9 L/yr 55% less
SBI General Insurance Cluster Manager Banca Salary 12 - 17 years exp. (4 salaries)	₹7.5 L/yr - ₹10 L/yr 18% less
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ICICI Lombard General Insurance Company Cluster Manager Banca Salary 2 - 14 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 6% less

Cluster Manager Banca salary at Axis Max Life Insurance ranges between ₹9 Lakhs to ₹12.3 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 13 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Cluster Manager Banca salaries

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹10 L/yr - ₹11 L/yr
8 years (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr
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9 years (AmbitionBox Estimate)	₹9 L/yr - ₹18.4 L/yr
10 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
11 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
12 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
13 years (AmbitionBox Estimate)	₹10 L/yr - ₹19.1 L/yr
14 years (AmbitionBox Estimate)	₹10 L/yr - ₹19.2 L/yr
15+ years (5 salaries)	₹9.3 L/yr - ₹12.3 L/yr

View all

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Salary related reviews for Axis Max Life Insurance

4.1

Rated by 4 employees for salary & benefits

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

Deputy Cluster Manager in Ajmer

BFSI, Investments & Trading Department

5.0

• posted on 21 May 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture, and it's best organisation to build soft skill and management is very supportive.

Salary - Good

+6 more

Dislikes

Company expectation is very high and compensation & benefits are lesser than according to this

see more salary related reviews

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What people are saying about Axis Max Life Insurance

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thickraspberry

works at

B P Oil Mills

Facing Toxic Culture and Management Issues.

I joined Axis Max Life Insurance, on 24 Dec 2024, After 11 Jan 2025 I started receiving hate and toxic culture from the female L1 Manager BRM. On Axis Max Life Insurance. Because I refused to do their personal work and work on the week off. Because I'm not the licking Employee. Now the female manager starts harassing me. The branch didn't even have the security CCTV Cameras so I don't have a Recording. But I have witnesses. She is too toxic And I feel mentally drained and harassing. What should I do because she is female I can't take unnecessary action. Please share the thoughts and advice and need help asap.

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Axis Max Life Insurance Cluster Manager Banca Salary FAQs

What is the salary of Cluster Manager Banca at Max Life Insurance?

Cluster Manager Banca salary at Max Life Insurance in India ranges between ₹9.0 Lakhs to ₹12.3 Lakhs for experience between 7 years to 17 years. According to our estimates it is 50% more than the average Cluster Manager Banca Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Max Life Insurance India.

How does the salary of a Cluster Manager Banca at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Cluster Manager Banca at Max Life Insurance is 50% more than the average salary of a Cluster Manager Banca in India. To know exact salary insights, login to view.

What is the salary of a Cluster Manager Banca in companies similar to Max Life Insurance in India?

ICICI Prudential Life Insurance Cluster Manager Banca Salary - ₹6.5 Lakhs to ₹18.0 Lakhs per year
ICICI Lombard General Insurance Company Cluster Manager Banca Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindara Life Insurance Cluster Manager Banca Salary - ₹5.5 Lakhs to ₹13.0 Lakhs per year
HDFC Life Cluster Manager Banca Salary - ₹7.0 Lakhs to ₹11.5 Lakhs per year
SBI General Insurance Cluster Manager Banca Salary - ₹7.5 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Cluster Manager Banca at Max Life Insurance in India?

The estimated take-home salary of a Cluster Manager Banca at Max Life Insurance ranges between ₹76,842 per month to ₹78,835 per month in India. The take-home salary calculation is based on the average Max Life Insurance Cluster Manager Banca salary in India which ranges between ₹9.0 Lakhs to ₹12.3 Lakhs per year for employees with experience between 7 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager Banca at Max Life Insurance?

According to AmbitionBox, 56% of the Max Life Insurance Cluster Manager Bancas reported a notice period of 3 Months, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 27 responses on AmbitionBox in last 2 years.

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Axis Max Life Insurance Cluster Manager Banca Salaries by Location

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Max Life Insurance Cluster Manager Banca Salaries

Axis Max Life Insurance Cluster Manager Banca salary in India ranges between ₹9 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Cluster Manager Banca salaries in India

Companies similar to Axis Max Life Insurance for Cluster Manager Banca

Latest annual salaries shared by Axis Max Life Insurance Cluster Manager Banca

Experience wise Max Life Insurance Cluster Manager Banca salaries

Similar Designation salaries in Axis Max Life Insurance

Salary related reviews for Axis Max Life Insurance

Associate Sales Manager in Mumbai

Deputy Manager in Kolkata

Sales Manager in New Delhi

Financial Sales Manager in South Kolkata

Deputy Cluster Manager in Ajmer

Axis Max Life Insurance Cluster Manager Banca Salary FAQs

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Axis Max Life Insurance Cluster Manager Banca Salaries by Location