Care Health Insurance Mumbai Cluster Manager Banca Salaries by 5 Employees (Updated 2025)

4 - 11 years exp.

₹3.5 Lakhs - ₹5.4 Lakhs

Salary of majority employees

35% less than the average Cluster Manager Banca Salary in FinTech Companies for 4 - 11 years of experience

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Last Updated: 2 Nov 2023

Companies similar to Care Health Insurance for Cluster Manager Banca in Mumbai

Care Health Insurance Cluster Manager Banca Salary

4 - 11 years exp. (5 salaries)

₹3.5 L/yr - ₹5.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Cluster Manager Banca Salary 5 - 14 years exp. (4 salaries)	₹5.5 L/yr - ₹8.3 L/yr 52% more
Max Life Insurance Cluster Manager Banca Salary 7 - 17 years exp. (7 salaries)	₹9.3 L/yr - ₹12.3 L/yr 132% more
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Aditya Birla Sun Life Insurance Cluster Manager Banca Salary 7 - 12 years exp. (5 salaries)	₹8.3 L/yr - ₹12 L/yr 97% more
HDFC Life Cluster Manager Banca Salary 8 - 12 years exp. (5 salaries)	₹7.5 L/yr - ₹10 L/yr 101% more
Axis Direct Cluster Manager Banca Salary 3 - 5 years exp. (4 salaries)	₹3.3 L/yr - ₹3.9 L/yr 22% less

Cluster Manager Banca salary at Care Health Insurance ranges between ₹3.5 Lakhs to ₹5.4 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Care Health Insurance.

Experience wise Care Health Insurance Cluster Manager Banca salaries in Mumbai

Last Updated: 2 Nov 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.7 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹7.8 L/yr
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6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
9 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr
10 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr
11 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.4 L/yr

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Similar Designation salaries in Care Health Insurance

Relationship Manager Salary

(30 salaries)

₹2.15 L/yr - ₹4.5 L/yr

Cluster Manager Salary

(13 salaries)

₹3 L/yr - ₹6.85 L/yr

Sales Manager Salary

(5 salaries)

₹3.25 L/yr - ₹5 L/yr

Deputy Manager Salary

(3 salaries)

₹4.2 L/yr - ₹6.31 L/yr

Top skills at Care Health Insurance for Cluster Manager Banca

Insurance Bancassurance banca PSU Sales banca sales Insurance Broking General Insurance Sales

Salary related reviews for Care Health Insurance

Cluster Manager in Raipur

Full Time

Sales & Business Development Department

4.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

All okay

Dislikes

Monopoly of seniors they recruit employee of their benefit which is not good and they ask pay out amount for themselves pay out amount only for bank employee not for our bosses which is not good company has to track that thing

Relationship Manager in Hyderabad / Secunderabad

Full Time

Other Department

2.0

• posted on 19 Jun 2024

3.0

for Salary and Benefits

Likes

Timely salary without fail, but no holidays on the festivals too ,mine was online channel at Hyderabad.

Dislikes

Early logins and late logouts were the worst thing and moreover they keep asking for sale sale sale sale continuously

Cluster Manager in Mumbai

Full Time

Sales Department

4.0

• posted on 03 Nov 2019

3.0

for Salary and Benefits

Likes

...achieved your goal within the time limit then company can promote in next level. But salary increments are very low. Management always try to promote people from the company. The company is open to innovation and readily adopts latest technology. Company's claim settlement ratio also good but little slow as per my experience. Work pressure is there but hire & fire practices are not there. As per my knowledge and experience its good place for Work. Average growths are there.

Dislikes

Reason of Dislike... For Bank channel Religare health insurance don't have trainer. From this year onward for URM And RM level don't have proper health insurance for him or her and their families. Religare health insurance giving medical facilities from ESI for their employees.

Relationship Manager in Moran

Bancasurace Department

4.0

• posted on 10 Jan 2021

3.0

for Salary and Benefits

Likes

Overall good experience by self motivation and self business leaders generation. Management is also good and lotes of politics by the company supervisor

Dislikes

...and hidden information by the superiors management doesn’t address our issues. Salary is direct in covid-19 period career growth is slow. On the job training is not given to new joinees.

Relationship Manager in Jaipur

BFSI, Investments & Trading Department

1.0

• posted on 14 Jan 2021

1.0

for Salary and Benefits

Likes

No Job security, Politics toh sab jagah hi hoti h lekin waha Kam se Kam HR department toh hota h. Lekin here in Religare (care insurance) everything is pathetic. Zonal HR Mani Chhabra very bad experience. I will suggest to join this Co. Only to my enemies.

Dislikes

Giving 1 star is also not deserving for them, I am still struggling for my salary which is not paid during lock down period. Also EPF CONTRIBUTION not deposited in account.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Care Health Insurance Cluster Manager Banca Salary FAQs

What is the salary of Cluster Manager Banca at Care Health Insurance Mumbai?

Cluster Manager Banca salary at Care Health Insurance in Mumbai ranges between ₹3.5 Lakhs to ₹5.4 Lakhs for experience between 4 years to 11 years. According to our estimates it is 35% less than the average Cluster Manager Banca Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Care Health Insurance Mumbai.

How does the salary of a Cluster Manager Banca at Care Health Insurance Mumbai compare with the average salary range for this job?

The average salary of a Cluster Manager Banca at Care Health Insurance is 35% less than the average salary of a Cluster Manager Banca in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Manager Banca at Care Health Insurance?

Insurance, Bancassurance, banca, PSU and Sales are some of the popular skills required to work as a Cluster Manager Banca at Care Health Insurance Mumbai.

Which similar companies are paying more than Care Health Insurance to a Cluster Manager Banca in Mumbai?

Max Life Insurance Cluster Manager Banca Salary - ₹9.3 Lakhs to ₹12.3 Lakhs per year
HDFC Life Cluster Manager Banca Salary - ₹7.5 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Sun Life Insurance Cluster Manager Banca Salary - ₹8.3 Lakhs to ₹12.0 Lakhs per year
Star Health & Allied Insurance Cluster Manager Banca Salary - ₹5.5 Lakhs to ₹8.3 Lakhs per year

What is the salary of a Cluster Manager Banca in companies similar to Care Health Insurance in Mumbai?

Axis Direct Cluster Manager Banca Salary - ₹3.3 Lakhs to ₹3.9 Lakhs per year

What is the estimated take home salary of a Cluster Manager Banca at Care Health Insurance in Mumbai?

The estimated take-home salary of a Cluster Manager Banca at Care Health Insurance ranges between ₹34,125 per month to ₹35,377 per month in Mumbai. The take-home salary calculation is based on the average Care Health Insurance Cluster Manager Banca salary in India which ranges between ₹3.5 Lakhs to ₹5.4 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager Banca at Care Health Insurance in Mumbai?

According to AmbitionBox, 67% of the Care Health Insurance Cluster Manager Bancas in Mumbai reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Care Health Insurance Cluster Manager Banca Salaries in Mumbai

Care Health Insurance Cluster Manager Banca salary in Mumbai ranges between ₹3.5 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Care Health Insurance latest salaries received from various employees of Care Health Insurance.