Bajaj Allianz Life Insurance Relationship Manager Bancassurance Salaries by 4 Employees (Updated 2025)

3 - 6 years exp.

₹2.3 Lakhs - ₹3.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

11% less than the average Relationship Manager Bancassurance Salary in Insurance Companies for 3 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Relationship Manager Bancassurance Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
BFSI, Investments & Trading Relationship Manager Bancassurance Salary 5 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr
Login to view exact salary
Engineering - Hardware & Networks Relationship Manager Bancassurance Salary 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 12 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Relationship Manager Bancassurance

Company name	Avg Annual Salary	Open Jobs
Tata AIG Relationship Manager Bancassurance Salary 2 - 10 years exp. (6 salaries)	₹2.9 L/yr - ₹5.3 L/yr 19% more
Axis Max Life Insurance Relationship Manager Bancassurance Salary 3 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3.9 L/yr 3% more
Login to view exact salary
HDFC Life Relationship Manager Bancassurance Salary 1 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹3.1 L/yr 11% less
Niva Bupa Health Insurance Company Relationship Manager Bancassurance Salary 4 - 11 years exp. (3 salaries)	₹2.5 L/yr - ₹4 L/yr 7% more
PNB MetLife Relationship Manager Bancassurance Salary 3 - 7 years exp. (12 salaries)	₹3 L/yr - ₹4 L/yr 18% more

Relationship Manager Bancassurance salary at Bajaj Allianz Life Insurance ranges between ₹2.3 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Relationship Manager Bancassurance salaries

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

Relationship Manager Salary

(765 salaries)

₹1.55 L/yr - ₹5 L/yr

Senior Relationship Manager Salary

(710 salaries)

₹2 L/yr - ₹4 L/yr

Business Sales Manager Salary

(655 salaries)

₹2.65 L/yr - ₹5.85 L/yr

Executive Relationship Manager Salary

(621 salaries)

₹2.55 L/yr - ₹4.25 L/yr

Senior Cluster Manager Salary

(232 salaries)

₹7 L/yr - ₹15.05 L/yr

Executive Sales Manager Salary

(225 salaries)

₹3 L/yr - ₹4.5 L/yr

Chief Branch Manager Salary

(223 salaries)

₹8.75 L/yr - ₹17.5 L/yr

Key Relationship Manager Salary

(188 salaries)

₹3.14 L/yr - ₹4.5 L/yr

Branch Sales Manager Salary

(163 salaries)

₹2.55 L/yr - ₹5.75 L/yr

Senior Branch Manager Salary

(154 salaries)

₹6 L/yr - ₹15.26 L/yr

Top skills at Bajaj Allianz Life Insurance for Relationship Manager Bancassurance

banca sales Relationship Management Life Insurance Insurance Sales Banking Sales Sales

Salary related reviews for Bajaj Allianz Life Insurance

Executive Relationship Manager in Kohima

Full Time

Sales & Business Development Department

1.0

• posted on 17 Mar 2025

1.0

for Salary and Benefits

Likes

No comments

Dislikes

Not getting salary on time, bad Area manger, bad HR, Always getting negative reviews no matter how much efforts we are giving . No support from highers ups. Getting too much calls and VC even on holidays. Still didn't got experience letter.

Salary - Bad

+6 more

Executive Relationship Manager in Bankura

Full Time

Sales & Business Development Department

5.0

• posted on 29 Jan 2025

5.0

for Salary and Benefits

Likes

Balic is a good company to work .. balic has given my carrier high..

Salary - Excellent

+6 more

Dislikes

...e centricity balic does not look even after Work hard and good work for balic .. company does not increase no salary as per expectations.

Cluster Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 08 Jan 2025

5.0

for Salary and Benefits

Likes

The environment is good, as well as the pay package; which is very good. There's a lot of scope of learning here in the industry. Management is a bit clueless and less emotionally oriented but overall it's a good place or organisation to work for or work in. Good amount of promotions are there, trips national or international they have all to keep their people happy and motivated.

Salary - Excellent

+3 more

Dislikes

Nothing as of now.

Executive Relationship Manager in Srinagar

Full Time

Sales & Business Development Department

1.0

• posted on 07 Sep 2024

4.0

for Salary and Benefits

Likes

Salary credited on time every month

Salary - Good

+1 more

Dislikes

In December i got gallbladder remove surgery and I got post surgery health issues i am not able to travel 50 kms/ day from branch to my residence and vice versa i had faced a lot of problems But my reporting manager namely ARSHAD WANI AND ASM Mr. ASHIQ don't coperate with me and send me abasccond mail and termination letter from hr total injustice Ganderbal Jammu and Kashmir Destroyed my career

Skill development - Bad

+4 more

Relationship Manager in Bangalore / Bengaluru

Full Time

Other Department

1.0

• posted on 29 Feb 2024

1.0

for Salary and Benefits

Likes

I respect the Bajaj Allianz Life insurance because company was selected to grow my career I love the Bajaj Allianz Life insurance products where we give best return to customers.

Dislikes

... Bajaj Allianz Life insurance company is best fastest growing company in india. But the managers working culture is dengerous because the managers are Black mail with employees salary, one of my manager was directly telling that if I do business then only I get salary, And this is the company policy he was telling is it my dear company CEO, In business sales the tarcher is common but who will blame with employees salary. And check the trainers quality.

Salary - Bad

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

Got a question about Bajaj Allianz Life Insurance?

Ask anonymously on communities.

Bajaj Allianz Life Insurance Relationship Manager Bancassurance Salary FAQs

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

The average salary of a Relationship Manager Bancassurance at Bajaj Allianz Life Insurance in India typically ranges from ₹2.3 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Relationship Manager Bancassurance at Bajaj Allianz Life Insurance earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Relationship Manager Bancassurance 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 4 Bajaj Allianz Life Insurance employees in India.

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

The estimated take-home salary of a Relationship Manager Bancassurance at Bajaj Allianz Life Insurance in India typically ranges from ₹21,699 to ₹23,187 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 3 years to 6 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 4 salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Relationship Manager Bancassurance at Bajaj Allianz Life Insurance ?

To be a Relationship Manager Bancassurance at Bajaj Allianz Life Insurance in india, the key skills required include:

- banca sales
- Relationship Management
- Life Insurance
- Insurance Sales
- Banking Sales

These skills are highly valued at Bajaj Allianz Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Bajaj Allianz Life Insurance for Relationship Manager Bancassurance in India?

Tata AIG	₹2.9 Lakhs to ₹5.3 Lakhs per year
PNB MetLife	₹3.0 Lakhs to ₹4.0 Lakhs per year
Niva Bupa Health Insurance Company	₹2.5 Lakhs to ₹4.0 Lakhs per year
Axis Max Life Insurance	₹2.5 Lakhs to ₹3.9 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 Relationship Manager Bancassurance in companies similar to Bajaj Allianz Life Insurance in India?

The salary of a Relationship Manager Bancassurance 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:

HDFC Life

₹2.4 Lakhs to ₹3.1 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 Relationship Manager Bancassurance at Bajaj Allianz Life Insurance in India?

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

Experience	Average Salary Range
3 years	₹2.1 Lakhs to ₹2.6 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
5 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
6 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Bajaj Allianz Life Insurance Salaries >
Bajaj Allianz Life Insurance Relationship Manager Bancassurance Salaries

Bajaj Allianz Life Insurance Relationship Manager Bancassurance salary in India ranges between ₹2.3 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Relationship Manager Bancassurance salaries in India (Updated 2025)

Companies similar to Bajaj Allianz Life Insurance for Relationship Manager Bancassurance

Latest annual salaries shared by Bajaj Allianz Life Insurance Relationship Manager Bancassurance

Experience wise Bajaj Allianz Life Insurance Relationship Manager Bancassurance salaries

Similar Designation salaries in Bajaj Allianz Life Insurance

Top skills at Bajaj Allianz Life Insurance for Relationship Manager Bancassurance

Salary related reviews for Bajaj Allianz Life Insurance

Executive Relationship Manager in Kohima

Executive Relationship Manager in Bankura

Cluster Manager in Kolkata

Executive Relationship Manager in Srinagar

Relationship Manager in Bangalore / Bengaluru

Bajaj Allianz Life Insurance Relationship Manager Bancassurance Salary FAQs

Tell us how to improve this page.