Axis Max Life Insurance Mumbai Cluster Manager Banca Salaries by 7 Employees

7 - 17 years exp.

₹9.3 Lakhs - ₹12.3 Lakhs

Salary of majority employees

51% 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 - 16 years exp. (3 salaries)	₹10.5 L/yr - ₹12.3 L/yr
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Sales & Business Development Cluster Manager Banca Salary 7 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹11.7 L/yr

Last Updated: 12 Oct 2024

Companies similar to Axis Max Life Insurance for Cluster Manager Banca in Mumbai

Axis Max Life Insurance Cluster Manager Banca Salary

7 - 17 years exp. (7 salaries)

₹9.3 L/yr - ₹12.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Sun Life Insurance Cluster Manager Banca Salary 6 - 12 years exp. (6 salaries)	₹7 L/yr - ₹12 L/yr 21% less
HDFC Life Cluster Manager Banca Salary 7 - 12 years exp. (6 salaries)	₹7.5 L/yr - ₹10 L/yr 14% less
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Star Health & Allied Insurance Cluster Manager Banca Salary 5 - 14 years exp. (4 salaries)	₹5.5 L/yr - ₹8.3 L/yr 37% less
Care Health Insurance Cluster Manager Banca Salary 4 - 11 years exp. (5 salaries)	₹3.5 L/yr - ₹5.4 L/yr 58% less
Axis Direct Cluster Manager Banca Salary 3 - 5 years exp. (4 salaries)	₹3.3 L/yr - ₹4.4 L/yr 65% less

Cluster Manager Banca salary at Axis Max Life Insurance ranges between ₹9.3 Lakhs to ₹12.3 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 7 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Cluster Manager Banca salaries in Mumbai

Last Updated: 12 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
8 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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9 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
10 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
11 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.8 L/yr
12 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
13 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
14 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
15+ years (3 salaries)	₹9.3 L/yr - ₹12.3 L/yr

View all

Similar Designation salaries in Axis Max Life Insurance

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Cluster Manager Salary

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₹7.5 L/yr - ₹13.86 L/yr

Salary related reviews for Axis Max Life Insurance

1.0

Rated by 1 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

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I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Axis Max Life Insurance Cluster Manager Banca Salary FAQs

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

The average salary of a Cluster Manager Banca at Axis Max Life Insurance in Mumbai typically ranges from ₹9.3 Lakhs to ₹12.3 Lakhs per year, depending on experience (from 7 years to 17 years).

The top 10% of Cluster Manager Banca in Mumbai at Axis Max Life Insurance earn more than ₹11.9 Lakhs per year, and the top 1% earn over ₹12.3 Lakhs per year. Cluster Manager Banca 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 7 Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Cluster Manager Banca at Axis Max Life Insurance in Mumbai typically ranges from ₹76,000 to ₹77,969 per month. This is based on the average salary range of ₹9.3 Lakhs to ₹12.3 Lakhs per year for employees with experience ranging from 7 years to 17 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 7 salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

HDFC Life	₹7.5 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹7.0 Lakhs to ₹12.0 Lakhs per year
Star Health & Allied Insurance	₹5.5 Lakhs to ₹8.3 Lakhs per year
Care Health Insurance	₹3.5 Lakhs to ₹5.4 Lakhs per year
Axis Direct	₹3.3 Lakhs to ₹4.4 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 Axis Max Life Insurance in Mumbai?

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

Experience	Average Salary Range
7 years	₹8.9 Lakhs to ₹11.4 Lakhs per year
8 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
9 years	₹9.1 Lakhs to ₹11.6 Lakhs per year
10 years	₹9.2 Lakhs to ₹11.7 Lakhs per year

and so on.

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Axis Max Life Insurance Cluster Manager Banca Salaries in Mumbai

Axis Max Life Insurance Cluster Manager Banca salary in Mumbai ranges between ₹9.3 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Cluster Manager Banca salaries in Mumbai

Companies similar to Axis Max Life Insurance for Cluster Manager Banca in Mumbai

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

Experience wise Axis Max Life Insurance Cluster Manager Banca salaries in Mumbai

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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