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

1 - 5 years exp.

₹2.1 Lakhs - ₹2.3 Lakhs

Salary of majority employees

60% less than the average Bancassurance Manager Salary for 1 - 5 years of experience

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Last Updated: 19 Jun 2023

Companies similar to Bajaj Allianz for Bancassurance Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Bancassurance Manager Salary 2 - 11 years exp. (4 salaries)	₹4.5 L/yr - ₹5.3 L/yr 125% more
HDFC Ergo General Insurance Bancassurance Manager Salary 8 - 16 years exp. (15 salaries)	₹5 L/yr - ₹9.5 L/yr 241% more
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Reliance General Insurance Bancassurance Manager Salary 1 - 9 years exp. (5 salaries)	₹3 L/yr - ₹8.4 L/yr 131% more
Tata AIG Bancassurance Manager Salary 3 - 9 years exp. (7 salaries)	₹4.1 L/yr - ₹6.4 L/yr 125% more
SBI General Insurance Bancassurance Manager Salary 6 - 11 years exp. (4 salaries)	₹4.1 L/yr - ₹7.3 L/yr 102% more
HDFC Life Bancassurance Manager Salary 0 - 13 years exp. (1.1k salaries)	₹3 L/yr - ₹7 L/yr 155% more	3 job openings
ICICI Prudential Life Insurance Bancassurance Manager Salary 0 - 7 years exp. (28 salaries)	₹2.7 L/yr - ₹5.5 L/yr 74% more
HDFC Bank Bancassurance Manager Salary 2 - 7 years exp. (12 salaries)	₹3.1 L/yr - ₹6 L/yr 120% more
ICICI Bank Bancassurance Manager Salary 1 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹2.9 L/yr 15% more
Axis Bank Bancassurance Manager Salary 1 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3.7 L/yr 58% more

Bancassurance Manager salary at Bajaj Allianz ranges between ₹2.1 Lakhs to ₹2.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz.

Experience wise Bajaj Allianz Bancassurance Manager salaries

Last Updated: 19 Jun 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.3 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.1 L/yr

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Salary related reviews for Bajaj Allianz

Sales Manager

Marketing & Communication Department

1.0

• posted on 10 Apr 2019

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high- quality products and has a global client base.

Dislikes

compensation is decent, but growth is slow. the work pressure is very high. sometimes, i have to work 14-16 hours straight in a day as i have to attend client calls in the evening and sometimes late into the night. managers do not value an individual's unique strengths.

Software Developer in Pune

Full Time

Engineering - Software & QA Department

3.0

• posted on 13 Oct 2023

4.0

for Salary and Benefits

Likes

Good salary benefits and good place to improve your working skilss

Dislikes

Worst work management and no work life balance. Over stressed work environment.. It is not just Limited to junior or assistant Manager.. it is applicable to everyone. Work stress is really heigh

CSR In Bajaj Allianz Life Insurence Company. Depertment-Operation in Kolkata

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 28 Jul 2024

1.0

for Salary and Benefits

Likes

Work culture is very bad and doesn't match the salary criteria what assured at the time of interview

Dislikes

I was here but their work culture is very bad and not honest..salary does not match what assure ar the time of interview.

Sbsm in Lucknow

Sales & Business Development Department

4.0

• posted on 04 Aug 2022

3.0

for Salary and Benefits

Likes

Job security as bond of understanding from both side company and employees.

Dislikes

Don't give the wintage for 3-5years old employees who is working there like in hike salary and other facilities and reverse if employee did not meet 3month MTD target continuous than he came in act . Than employee feel unsecure job.

Sales Manager 1 in Davanagere

Finance & Accounting Department

5.0

• posted on 29 Jun 2022

5.0

for Salary and Benefits

Likes

Bajaj Allianz is very good culture and job security is very good than This company is given very high compensation and give lots of opportunities.. very helps to Bajaj Employees.. Thankyou Bajaj Allianz for learning,Skills, and Everything

Dislikes

No dislikes

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Bajaj Allianz Bancassurance Manager Salary FAQs

What is the salary of Bancassurance Manager at Bajaj Allianz?

Bancassurance Manager salary at Bajaj Allianz in India ranges between ₹2.1 Lakhs to ₹2.3 Lakhs for experience between 1 years to 5 years. According to our estimates it is 60% less than the average Bancassurance Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz India.

How does the salary of a Bancassurance Manager at Bajaj Allianz India compare with the average salary range for this job?

The average salary of a Bancassurance Manager at Bajaj Allianz is 60% less than the average salary of a Bancassurance Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Allianz to a Bancassurance Manager in India?

HDFC Ergo General Insurance Bancassurance Manager Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year
HDFC Life Bancassurance Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Reliance General Insurance Bancassurance Manager Salary - ₹3.0 Lakhs to ₹8.4 Lakhs per year
Tata AIG Bancassurance Manager Salary - ₹4.1 Lakhs to ₹6.4 Lakhs per year
ICICI Lombard General Insurance Company Bancassurance Manager Salary - ₹4.5 Lakhs to ₹5.3 Lakhs per year

What is the salary of a Bancassurance Manager in companies similar to Bajaj Allianz in India?

HDFC Bank Bancassurance Manager Salary - ₹3.1 Lakhs to ₹6.0 Lakhs per year
SBI General Insurance Bancassurance Manager Salary - ₹4.1 Lakhs to ₹7.3 Lakhs per year
ICICI Prudential Life Insurance Bancassurance Manager Salary - ₹2.7 Lakhs to ₹5.5 Lakhs per year
Axis Bank Bancassurance Manager Salary - ₹3.0 Lakhs to ₹3.7 Lakhs per year
ICICI Bank Bancassurance Manager Salary - ₹2.3 Lakhs to ₹2.9 Lakhs per year

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

The estimated take-home salary of a Bancassurance Manager at Bajaj Allianz ranges between ₹15,233 per month to ₹16,821 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Bancassurance Manager salary in India which ranges between ₹2.1 Lakhs to ₹2.3 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Bancassurance Manager at Bajaj Allianz?

According to AmbitionBox, 100% of the Bajaj Allianz Bancassurance Managers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Bancassurance Manager Salaries

Bajaj Allianz Bancassurance Manager salary in India ranges between ₹2.1 Lakhs to ₹2.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Allianz latest salaries received from various employees of Bajaj Allianz.