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Bajaj Allianz Life Insurance BDM salaries in India (Updated 2025)

Annual salary range
0 - 13 years exp.
₹3.4 Lakhs - ₹5.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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16% less than the average BDM Salary in Insurance Companies for 0 - 13 years of experience

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Salaries in different departments

Sales & Business Development
BDM Salary
0 - 13 years exp. (11 salaries)
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₹4 L/yr - ₹5.2 L/yr

BFSI, Investments & Trading
BDM Salary
1 - 7 years exp. (6 salaries)
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₹3.4 L/yr - ₹5 L/yr

Customer Success, Service & Operations
BDM Salary
3 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹4.6 L/yr

Finance & Accounting
BDM Salary
6 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹4.5 L/yr

Last Updated: 20 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for BDM

Company name Avg Annual Salary Open Jobs
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SBI Life Insurance Company BDM Salary

2 - 10 years exp. (177 salaries)

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₹1.9 L/yr - ₹6.5 L/yr

arrow icon 2% more
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HDFC Life BDM Salary

0 - 10 years exp. (167 salaries)

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₹2 L/yr - ₹4.3 L/yr

arrow icon 22% less
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Niva Bupa Health Insurance Company BDM Salary

0 - 9 years exp. (13 salaries)

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₹2.8 L/yr - ₹5.8 L/yr

arrow icon 9% less
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Bajaj Allianz General Insurance BDM Salary

2 - 16 years exp. (8 salaries)

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₹4 L/yr - ₹6.8 L/yr

arrow icon 32% more
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Aditya Birla Sun Life Insurance BDM Salary

1 - 10 years exp. (7 salaries)

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₹3 L/yr - ₹5.8 L/yr

arrow icon 4% less
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Aditya Birla Health Insurance Co BDM Salary

4 - 13 years exp. (7 salaries)

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₹3.3 L/yr - ₹5.5 L/yr

arrow icon 2% more
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Axis Max Life Insurance BDM Salary

1 - 12 years exp. (6 salaries)

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₹3.4 L/yr - ₹7.2 L/yr

arrow icon 19% more
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Shriram Life Insurance BDM Salary

0 - 9 years exp. (6 salaries)

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₹2.2 L/yr - ₹6.2 L/yr

arrow icon 15% less
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Reliance Nippon Life Insurance BDM Salary

3 - 9 years exp. (5 salaries)

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₹3.2 L/yr - ₹4.5 L/yr

arrow icon 12% less
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Tata AIA Life Insurance BDM Salary

3 - 11 years exp. (5 salaries)

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₹2.8 L/yr - ₹3.3 L/yr

arrow icon 31% less
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ICICI Prudential Life Insurance BDM Salary

1 - 4 years exp. (4 salaries)

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₹3 L/yr - ₹3.5 L/yr

arrow icon 30% less
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₹1.9 L/yr - ₹6.6 L/yr

arrow icon 16% less
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Tata AIG BDM Salary

5 - 8 years exp. (4 salaries)

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₹2.5 L/yr - ₹3.1 L/yr

arrow icon 37% less
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Kotak Mahindara Life Insurance BDM Salary

0 - 17 years exp. (4 salaries)

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₹4.5 L/yr - ₹8.8 L/yr

arrow icon 60% more
BDM salary at Bajaj Allianz Life Insurance ranges between ₹3.4 Lakhs to ₹5.2 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 26 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance BDM

3d ago
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13 years exp.
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5 months exp.
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9 years exp.
3mo ago
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5 years exp.
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11 years exp.
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6 years exp.
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7 years exp.
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4 years exp.
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7 years exp.

Experience wise Bajaj Allianz Life Insurance BDM salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹4 L/yr - ₹4.8 L/yr
1 year (AmbitionBox Estimate)

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₹4 L/yr - ₹7.8 L/yr
2 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹4.5 L/yr
3 years  (3 salaries)

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₹3.4 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
View all
Bajaj Allianz Life Insurance BDM Salary and Career Growth

From

To

BDM

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0 - 13 years exp.

Chief Branch Manager

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10 - 21 years exp.

BDM

0 - 13 years exp.
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Branch Manager

7 - 18 years exp.
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arrow icon 87% hike

Senior Branch Manager

9 - 21 years exp.
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arrow icon 29% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bajaj Allianz Life Insurance

Deputy Manager Salary
(327 salaries)
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₹4.5 L/yr - ₹16.5 L/yr
Area Manager Salary
(211 salaries)
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₹5 L/yr - ₹16.5 L/yr
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₹4.75 L/yr - ₹6 L/yr
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₹0.6 L/yr - ₹6 L/yr
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₹6 L/yr - ₹14.55 L/yr
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₹0.95 L/yr - ₹4.4 L/yr
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₹1 L/yr - ₹4.4 L/yr
Project Manager Salary
(64 salaries)
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₹6.6 L/yr - ₹18.5 L/yr
Chief Manager Salary
(62 salaries)
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₹12.5 L/yr - ₹38 L/yr
MIS Executive Salary
(51 salaries)
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₹1.2 L/yr - ₹5.5 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

2.2

Rated by 6 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 13 Jul 2024

4.0
 for  Salary and Benefits

Likes

Salary is at par within Insurance Industry

  • Salary - Good

Dislikes

Job is a very good gift from God it cannot be bad. It serves you and your family. No dislikes. It can be possible that you get a bad manager who doesn't understand it's team members but it's okay, you get paid for your job noone else opinion matters. I agree that at some point of time tragactries of growth will get affected if your manager don't understand you but at the same time if you are not satisfied you can look for change.

read more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 08 Dec 2023

3.0
 for  Salary and Benefits

Likes

Every Thing is good culture seniors all things is good but in off roll employe salary not increase in 5 years that's the biggest concern for my side

read more
  • Skill development - Good
  • +3 more

Dislikes

Off Roll Employe salary not increase in 5 years that's the biggest concern for my side

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 11 Oct 2023

1.0
 for  Salary and Benefits

Likes

Nothing!!!!!!!

Dislikes

They're all fraud. At first they tell you that they'll give you fixed salary of 19k. For that you've to crack IRDAI exam , give them a business of 3L and four candidates. But after a completing it you'll eventually find out that there's nothing like fixed salary , they'll give you 7k if you give business of 50k minimum in a month and additional 12k if you give a business of 1L. FRAUDSTERS Mr. Parthajit Das (CRP) is one of the biggest liars anyone could face. Pls don't believe a single word what he says.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 30 Aug 2022

3.0
 for  Salary and Benefits

Likes

Job security is only good thing. Not much expect in terms of leaves and salary hike.

read more
  • Job security - Good

Dislikes

No work life balance. You have to work even on weekends as well as on leaves. I had joined about year ago and not a single day passed that I didn't had to open my laptop. Bosses tells like 'A soldier is never off duty'. I was at funeral and boss didn't even hesitated to say "baithe baithe kya hee karega.. laptop kholke cases maarde'

read more
  • Promotions - Poor
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 07 Oct 2019

2.0
 for  Salary and Benefits

Likes

The experiance was good as fresher i learnt many things the work enviroment was also good.my manager was very supportive

read more
  • Skill development - Good
  • +1 more

Dislikes

Job security is poor becouse i was off role,and benefit or compensation was very low accoding to work

read more
  • Salary - Poor
  • +1 more
see more salary related reviews

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Bajaj Allianz Life Insurance BDM Salary FAQs

What is the salary of BDM at Bajaj Allianz Life Insurance ?
The average salary of a BDM at Bajaj Allianz Life Insurance in India typically ranges from ₹3.4 Lakhs to ₹5.2 Lakhs per year, depending on experience (from Fresher to 13 years).

The top 10% of BDM at Bajaj Allianz Life Insurance earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. BDM Salaries at Bajaj Allianz 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+ Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a BDM at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a BDM at Bajaj Allianz Life Insurance in India typically ranges from ₹32,840 to ₹34,112 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from Fresher to 13 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 Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bajaj Allianz Life Insurance for BDM in India?
Kotak Mahindara Life Insurance ₹4.5 Lakhs to ₹8.8 Lakhs per year
Bajaj Allianz General Insurance ₹4.0 Lakhs to ₹6.8 Lakhs per year
Axis Max Life Insurance ₹3.4 Lakhs to ₹7.2 Lakhs per year
SBI Life Insurance Company ₹1.9 Lakhs to ₹6.5 Lakhs per year
Aditya Birla Health Insurance Co ₹3.3 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Allianz Life Insurance, depending on the role and experience level.
What is the salary of a BDM in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a BDM at companies similar to Bajaj Allianz Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Sun Life Insurance ₹3.0 Lakhs to ₹5.8 Lakhs per year
Niva Bupa Health Insurance Company ₹2.8 Lakhs to ₹5.8 Lakhs per year
Reliance Nippon Life Insurance ₹3.2 Lakhs to ₹4.5 Lakhs per year
Shriram Life Insurance ₹2.2 Lakhs to ₹6.2 Lakhs per year
ICICI Lombard General Insurance Company ₹1.9 Lakhs to ₹6.6 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 BDM at Bajaj Allianz Life Insurance in India?
The salary growth for a BDM at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a BDM can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
Fresher ₹4.0 Lakhs to ₹4.8 Lakhs per year
1 year ₹4.0 Lakhs to ₹7.8 Lakhs per year
2 years ₹1.7 Lakhs to ₹4.5 Lakhs per year
3 years ₹3.4 Lakhs to ₹5.0 Lakhs per year
and so on.

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Bajaj Allianz Life Insurance BDM salary in India ranges between ₹3.4 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 26 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.