Bharat Financial Inclusion Insurance Associate Salaries by 5 Employees

1 - 7 years exp.

₹1.2 Lakh - ₹7.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% less than the average Insurance Associate Salary in NBFC Companies for 1 - 7 years of experience

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Salaries in different departments

Marketing & Communication Insurance Associate Salary 5 - 7 years exp. (3 salaries)	₹1.6 L/yr - ₹7.9 L/yr
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BFSI, Investments & Trading Insurance Associate Salary 1 year exp. (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr

Last Updated: 30 Nov 2023

Companies similar to Bharat Financial Inclusion for Insurance Associate

Company name	Avg Annual Salary	Open Jobs
Spandana Sphoorty Financial Insurance Associate Salary 0 - 4 years exp. (7 salaries)	₹1.7 L/yr - ₹2 L/yr 37% less
Sundaram Finance Insurance Associate Salary 2 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹2.5 L/yr 24% less
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MetLife Insurance Associate Salary 0 - 6 years exp. (179 salaries)	₹1 L/yr - ₹5.5 L/yr 34% more	1 job opening
TCS Insurance Associate Salary 0 - 4 years exp. (95 salaries)	₹1.5 L/yr - ₹3.8 L/yr 19% less
Accenture Insurance Associate Salary 0 - 5 years exp. (63 salaries)	₹2 L/yr - ₹4.8 L/yr 7% more

Insurance Associate salary at Bharat Financial Inclusion ranges between ₹1.2 Lakh to ₹7.9 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Bharat Financial Inclusion.

Experience wise Bharat Financial Inclusion Insurance Associate salaries

Last Updated: 30 Nov 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5 L/yr

View all

Similar Designation salaries in Bharat Financial Inclusion

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(AmbitionBox Estimate)

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Process Associate Salary

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₹1.65 L/yr - ₹3.5 L/yr

Customer Service Associate Salary

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₹1.8 L/yr - ₹2.3 L/yr

Operations Manager Salary

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Quality Analyst Salary

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₹4.5 L/yr - ₹5.8 L/yr

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₹2 L/yr - ₹3 L/yr

Senior Analyst Salary

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₹11.9 L/yr - ₹15.2 L/yr

MIS Executive Salary

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Team Lead Salary

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Senior Officer Salary

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₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Bharat Financial Inclusion

Branch Manager in Kochi

Full Time

Sales & Business Development Department

5.0

• posted on 22 Feb 2025

5.0

for Salary and Benefits

Likes

...ff in BFIL and within a short period of time I was promoted to a branch manager. BFIL gives salary and incentive which no other company gives, they will pay salary exactly on 31st of every month. The package provided by them is very good like vehicle fuel charge, insurance.HR,IT,MS,PTC,and account's department team is very supportive.

Salary - Excellent

+6 more

Dislikes

Evening Con call , late night work ,Working on holidays

Auditor in Kota

Full Time

Finance & Accounting Department

1.0

• posted on 17 Dec 2024

1.0

for Salary and Benefits

Likes

Lead Manager treat like Family

Dislikes

... being taken directly to Executive post and the Associate post has been removed. My Salary for 2 year is 14700/- monthly. What is going wrong with the old employee.

Salary - Bad

+5 more

HR Executive in Kolkata

Full Time

Human Resources Department

1.0

• posted on 05 Dec 2024

1.0

for Salary and Benefits

Likes

There is nothing to be liked, as a slave after working for 12-14 hrs hours you get your salary on time that's it. The company has made several policies but there is no strategy which is why attrition rate is increasing.

Dislikes

It should get the title of Worst Place to work rather than Great place to work. I believe the reason there is huge attrition in field staff and poor salary structure than other finance organisations which creates the real trouble for HR Endless Recruitment and Endless Attrition which continues as there is no one who could address the problems.

Salary - Bad

+6 more

Divisional Manager in Nadia

Full Time

Sales & Business Development Department

4.0

• posted on 14 Nov 2024

5.0

for Salary and Benefits

Likes

Obviously you'll be getting a handsome amount of salary, Travel & daily hotel allowances etc at perfect time. No delay. Chances of getting laid off is negligible, if you don't commit any financial misappropriation or POSH cases.

Salary - Excellent

+2 more

Dislikes

You won't have any work life balance here. Those long conference calls will haunt you till death. Incentives structure is very poor at supervisory levels. Excessive travel & field work for higher managers also.

Work satisfaction - Poor

+1 more

Sangam Manager in Kolkata

Full Time

Finance & Accounting Department

5.0

• posted on 01 Oct 2024

5.0

for Salary and Benefits

Likes

...And not right process.I have a family like everyone else for which I am working. Why my salary hold?? i joined Bfil with a dream because a bright future is here.but now this situation I have to move forward.

Salary - Excellent

+2 more

Dislikes

Late night Meeting.its a horrible experience . And every day a staff only can’t do more then 4,5 centre meeting

Job security - Bad

+2 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bharat Financial Inclusion Insurance Associate Salary FAQs

What is the salary of Insurance Associate at Bharat Financial Inclusion ?

The average salary of a Insurance Associate at Bharat Financial Inclusion in India typically ranges from ₹1.2 Lakhs to ₹7.9 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Insurance Associate at Bharat Financial Inclusion earn more than ₹7.9 Lakhs per year, and the top 1% earn over ₹7.9 Lakhs per year. Insurance Associate Salaries at Bharat Financial Inclusion 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 5 Bharat Financial Inclusion employees in India.

What is the estimated take home salary of a Insurance Associate at Bharat Financial Inclusion in India?

The estimated take-home salary of a Insurance Associate at Bharat Financial Inclusion in India typically ranges from ₹21,446 to ₹23,087 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹7.9 Lakhs per year for employees with experience ranging from 1 year to 7 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 5 salaries received from various employees of Bharat Financial Inclusion. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bharat Financial Inclusion for Insurance Associate in India?

MetLife	₹1.0 Lakhs to ₹5.5 Lakhs per year
Accenture	₹2.0 Lakhs to ₹4.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bharat Financial Inclusion, depending on the role and experience level.

What is the salary of a Insurance Associate in companies similar to Bharat Financial Inclusion in India?

The salary of a Insurance Associate at companies similar to Bharat Financial Inclusion in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TCS	₹1.5 Lakhs to ₹3.8 Lakhs per year
Sundaram Finance	₹2.2 Lakhs to ₹2.5 Lakhs per year
Spandana Sphoorty Financial	₹1.7 Lakhs to ₹2.0 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 Insurance Associate at Bharat Financial Inclusion in India?

The salary growth for a Insurance Associate at Bharat Financial Inclusion depends on factors such as experience, performance, and promotions. On average, a Insurance Associate can expect the following growth trajectory at Bharat Financial Inclusion:

Experience	Average Salary Range
1 year	₹1.4 Lakhs to ₹1.8 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.4 Lakhs per year

and so on.

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Bharat Financial Inclusion Insurance Associate Salaries

Bharat Financial Inclusion Insurance Associate salary in India ranges between ₹1.2 Lakh to ₹7.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bharat Financial Inclusion latest salaries received from various employees of Bharat Financial Inclusion.