Bandhan Life Mumbai Salaries by 20+ Employees (Updated 2025)

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Human Resources BFSI, Investments & Trading

Designation	Avg Annual Salary	Open Jobs
Assistant Vice President 13 - 20 years exp. · Mumbai (5 salaries)	₹20 L/yr - ₹32 L/yr
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Data Scientist 2 years exp. · Mumbai (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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Finance Manager 1 year exp. · Mumbai (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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Data Engineer 10 years exp. · Mumbai (AmbitionBox Estimate)	₹32 L/yr - ₹40.8 L/yr
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Customer Care Executive 2 years exp. · Mumbai (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Actuarial Manager 7 years exp. · Mumbai (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.1 L/yr
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Executive Accountant 5 years exp. · Mumbai (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
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Software Engineer 2 years exp. · Mumbai (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
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Customer Service Manager 11 years exp. · Mumbai (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
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UI Designer 7 years exp. · Mumbai (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr
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Persistency Executive 3 years exp. · Mumbai (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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Senior Data Analytics Manager 11 years exp. · Mumbai (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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Senior Vice President HR 20 years exp. · Mumbai (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.2 L/yr
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Underwriting Manager 5 years exp. · Mumbai (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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HR Intern 1 year exp. · Mumbai (AmbitionBox Estimate)	₹0.2 L/yr - ₹0.3 L/yr
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Associate Vice President Legal 11 years exp. · Mumbai (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
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Senior Manager 7 years exp. · Mumbai (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.9 L/yr
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Manager 6 years exp. · Mumbai (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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Human Resource Apprentice Fresher · Mumbai (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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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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Salary related reviews for Bandhan Life

Senior Cluster Head in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Oct 2024

4.0

for Salary and Benefits

Likes

This is a new company fueled by high enthusiasm and an ambitious vision. A range of innovative products at competitive prices is set to launch soon.

Dislikes

The management is severely lacking, with significant bias at the leadership level. They consistently favor former colleagues from previous workplaces, creating an unbalanced environment. Pressure tactics are excessively applied, despite the absence of actual products to support such demands. Aggressive behaviors such as shouting, intimidation, and pushing employees to resign only deteriorate the work culture, harming business growth. Both middle management and HR exhibit poor judgment; they must overcome these biases and carry out their responsibilities with integrity and resilience.

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Bandhan Life Salary FAQs

What is the notice period at Bandhan Life in Mumbai?

According to AmbitionBox, 34% of the Bandhan Life employees in Mumbai reported a notice period of 3 Months, 32% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 38 responses on AmbitionBox in last 2 years.

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Bandhan Life Mumbai Salaries by Department

Average annual salary in Bandhan Life , Mumbai is INR . Salary estimates are based on 23 Bandhan Life latest salaries received from various employees of Bandhan Life.