Max Life Insurance Relationship Manager Bancassurance Salaries by 5 Employees (Updated 2025)

2 - 6 years exp.

₹2.1 Lakhs - ₹3.9 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Relationship Manager Bancassurance Salary in Insurance Companies for 2 - 6 years of experience

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Last Updated: 6 Sep 2024

Companies similar to Axis Max Life Insurance for Relationship Manager Bancassurance

Company name	Avg Annual Salary	Open Jobs
HDFC Life Relationship Manager Bancassurance Salary 1 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹3.1 L/yr 8% less
Bajaj Allianz Life Insurance Relationship Manager Bancassurance Salary 3 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹3.6 L/yr 3% more
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PNB MetLife Relationship Manager Bancassurance Salary 3 - 7 years exp. (12 salaries)	₹3 L/yr - ₹4 L/yr 21% more
SBI General Insurance Relationship Manager Bancassurance Salary 4 - 8 years exp. (4 salaries)	₹2.9 L/yr - ₹3.5 L/yr 6% more
Star Union Dai-ichi Life Insurance Relationship Manager Bancassurance Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.7 L/yr 22% more

Relationship Manager Bancassurance salary at Axis Max Life Insurance ranges between ₹2.1 Lakhs to ₹3.9 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Relationship Manager Bancassurance salaries

Last Updated: 6 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
3 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr
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4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹3.9 L/yr

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Salary related reviews for Axis Max Life Insurance

1.5

Rated by 2 employees for salary & benefits

Relationship Manager Bancassurance in Yamunanagar

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 21 Oct 2023

1.0

for Salary and Benefits

Likes

Nothing to Like About this Company..

Dislikes

Worst Company they dnt pay your Salary, Incentives .. Neither they pay your Full and Final Amount even you left the company.. Instead they ask Recovery Money from you and they send Court Notice for this..

Salary - Bad

+6 more

Agency Development Manager in Kollam

Full Time

Sales & Business Development Department

1.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Second Saturday and Sunday, third Saturday and Sundays are off. No other perks.

Dislikes

... from you. More than 5 persons already left the office with their toxic culture. Don't trust their words during interview they will give a package which is lesser than your current ctc and will give excuses as you will earn promotions in a fast track mode. nothing doing you will not meet their unrealistic targets. Hope my review will help future comers. thank you.

Salary - Poor

+6 more

Relationship Associate in Raipur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Jul 2024

1.0

for Salary and Benefits

Likes

Job security

Dislikes

Appraisal depends upon reporting manager, new candidates came with higher package but old employees voice can not get into company ear because of team leaders. Competition are very good in this situation.

Salary - Bad

+5 more

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

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Aug 2023

4.0

for Salary and Benefits

Likes

Salary is good

Salary - Good

+1 more

Dislikes

Lack of training, harrasment candidate for work , lack of field help , managers are not supportive they just bark but don't motivate agency manager at every hour . Mentally torture the candidate for work and pressurized day night equally, call anytime without thinking it's an off or weak day holiday. Never think about personal life also the manager are shameless because they trespass their manager homes without intimation and do misbehave with everyone in office. The management is not good so do not join max life

Skill development - Bad

+4 more

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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 Relationship Manager Bancassurance Salary FAQs

What is the salary of Relationship Manager Bancassurance at Max Life Insurance?

Relationship Manager Bancassurance salary at Max Life Insurance in India ranges between ₹2.1 Lakhs to ₹3.9 Lakhs for experience between 2 years to 6 years. According to our estimates it is 13% less than the average Relationship Manager Bancassurance Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Relationship Manager Bancassurance at Max Life Insurance is 13% less than the average salary of a Relationship Manager Bancassurance in India. To know exact salary insights, login to view.

Which similar companies are paying more than Max Life Insurance to a Relationship Manager Bancassurance in India?

Star Union Dai-ichi Life Insurance Relationship Manager Bancassurance Salary - ₹3.0 Lakhs to ₹3.7 Lakhs per year
PNB MetLife Relationship Manager Bancassurance Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
SBI General Insurance Relationship Manager Bancassurance Salary - ₹2.9 Lakhs to ₹3.5 Lakhs per year
Bajaj Allianz Life Insurance Relationship Manager Bancassurance Salary - ₹2.3 Lakhs to ₹3.6 Lakhs per year

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

HDFC Life Relationship Manager Bancassurance Salary - ₹2.4 Lakhs to ₹3.1 Lakhs per year

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

The estimated take-home salary of a Relationship Manager Bancassurance at Max Life Insurance ranges between ₹21,012 per month to ₹22,660 per month in India. The take-home salary calculation is based on the average Max Life Insurance Relationship Manager Bancassurance salary in India which ranges between ₹2.1 Lakhs to ₹3.9 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager Bancassurance at Max Life Insurance?

According to AmbitionBox, 67% of the Max Life Insurance Relationship Manager Bancassurances reported a notice period of 15 days or less, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Max Life Insurance Relationship Manager Bancassurance Salaries

Axis Max Life Insurance Relationship Manager Bancassurance salary in India ranges between ₹2.1 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.