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Pramerica Life Insurance Banking Officer salaries in India

Annual salary range
0 - 8 years exp.
₹1.2 Lakh - ₹4.5 Lakhs
Salary of majority employees
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32% less than the average Banking Officer Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

Finance & Accounting
Banking Officer Salary
0 - 8 years exp. (3 salaries)
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₹1.5 L/yr - ₹3 L/yr

BFSI, Investments & Trading
Banking Officer Salary
2 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Sales & Business Development
Banking Officer Salary
3 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5 L/yr

Last Updated: 29 May 2024

Companies similar to Pramerica Life Insurance for Banking Officer

Company name Avg Annual Salary Open Jobs
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₹2.7 L/yr - ₹3.5 L/yr

arrow icon 18% more
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HDFC Life Banking Officer Salary

1 - 3 years exp. (3 salaries)

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₹2.6 L/yr - ₹4 L/yr

arrow icon 1% less
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₹0.8 L/yr - ₹6.4 L/yr

arrow icon 22% more
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₹2.4 L/yr - ₹3.3 L/yr

arrow icon 18% more
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₹2.3 L/yr - ₹3.3 L/yr

arrow icon 10% more
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₹2.4 L/yr - ₹2.6 L/yr

arrow icon 10% less
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₹2.6 L/yr - ₹4.5 L/yr

arrow icon 16% more
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₹0.4 L/yr - ₹8 L/yr

arrow icon 26% more
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₹4.5 L/yr - ₹10 L/yr

arrow icon 139% more
Banking Officer salary at Pramerica Life Insurance ranges between ₹1.2 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Pramerica Life Insurance.

Latest annual salaries shared by Pramerica Life Insurance Banking Officer

8mo ago
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8 years exp.
1y ago
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2 years exp.
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3 years exp.
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1 year exp.
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2 years exp.
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5 months exp.

Experience wise Pramerica Life Insurance Banking Officer salaries

Last Updated: 29 May 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.4 L/yr - ₹1.7 L/yr
1 year (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Pramerica Life Insurance

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₹8 L/yr - ₹14 L/yr
Deputy Manager Salary
(51 salaries)
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₹4.8 L/yr - ₹14.73 L/yr
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₹4.23 L/yr - ₹6 L/yr
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₹2.2 L/yr - ₹4.05 L/yr
Accountant Salary
(4 salaries)
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₹1 L/yr - ₹4.5 L/yr
Team Lead Salary
(3 salaries)
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₹4 L/yr - ₹20 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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₹2 L/yr - ₹5 L/yr
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₹3.4 L/yr - ₹4.8 L/yr
Senior Process Associate Salary
(AmbitionBox Estimate)
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₹16.7 L/yr - ₹21.3 L/yr
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Salary related reviews for Pramerica Life Insurance

Education /school empanalment , team development ,And policy sale Department

2.0
  •  posted on 06 Sep 2017

5.0
 for  Salary and Benefits

Likes

I had a great experiance before joining when i worked as a commision agent only and just working for 24 percent commision even though i didn't have any license . Iwas just a commission agent .

read more
  • Salary - Excellent
  • +4 more

Dislikes

...nise an activity there they denided to finance it .but i did on my own account . And there was 2 month and 17 day that i haven't recived my salary . So i regined . As i was left with no money to stay in ambala.

read more
  • Job security - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 31 May 2024

1.0
 for  Salary and Benefits

Likes

Work timings and on time salary

Dislikes

Worst company I have ever worked. No professional management. No response from the HR management. The branch manager of vizag branch very worst. If anythings doesnot goes according to him he simply keeps unpaid to the whole month employees attendance which will lead to loss of pay. If we complaint to HR level then also they won't take any action. The BM even asks money from the customers for settling death claims. He does not know how to talk with the employees. He does not have any BM qualities and qualifications.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 14 Feb 2025

5.0
 for  Salary and Benefits

Likes

Great culture

  • Salary - Excellent
  • +6 more

Dislikes

Please update with latest policy with market comparison

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 09 Nov 2023

2.0
 for  Salary and Benefits

Likes

Nothing.

Dislikes

In my vertical it isn't a right place to work with. This is the fake institutional business channel, more over you had to source your own business and also don't rely on the support of the corporate agent(Broking Partner). Please think twice before joining in the IB Vertical.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Procurement & Supply Chain Department

5.0
  •  posted on 13 Apr 2018

5.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology

  • Salary - Excellent
  • +3 more

Dislikes

Compensation is decent but growth is very slow. The work pressure is very high . I have to work 13 - 14 hours straight in a day as I have to attend customer call in the evening and some time late night received con call

read more
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Pramerica Life Insurance Banking Officer Salary FAQs

What is the salary of Banking Officer at Pramerica Life Insurance?
Banking Officer salary at Pramerica Life Insurance in India ranges between ₹1.2 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 32% less than the average Banking Officer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Pramerica Life Insurance India.
How does the salary of a Banking Officer at Pramerica Life Insurance India compare with the average salary range for this job?
The average salary of a Banking Officer at Pramerica Life Insurance is 32% less than the average salary of a Banking Officer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Pramerica Life Insurance to a Banking Officer in India?
  • Cholamandalam MS General Insurance Banking Officer Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
  • Kotak Mahindara Life Insurance Banking Officer Salary - ₹0.4 Lakhs to ₹8.0 Lakhs per year
  • SBI Life Insurance Company Banking Officer Salary - ₹0.8 Lakhs to ₹6.4 Lakhs per year
  • ICICI Prudential Life Insurance Banking Officer Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
  • Axis Max Life Insurance Banking Officer Salary - ₹2.4 Lakhs to ₹3.3 Lakhs per year
What is the salary of a Banking Officer in companies similar to Pramerica Life Insurance in India?
  • Tata AIA Life Insurance Banking Officer Salary - ₹2.6 Lakhs to ₹4.5 Lakhs per year
  • Bajaj Allianz Life Insurance Banking Officer Salary - ₹2.3 Lakhs to ₹3.3 Lakhs per year
  • HDFC Life Banking Officer Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year
  • Reliance Nippon Life Insurance Banking Officer Salary - ₹2.4 Lakhs to ₹2.6 Lakhs per year
What is the estimated take home salary of a Banking Officer at Pramerica Life Insurance in India?
The estimated take-home salary of a Banking Officer at Pramerica Life Insurance ranges between ₹19,088 per month to ₹20,765 per month in India. The take-home salary calculation is based on the average Pramerica Life Insurance Banking Officer salary in India which ranges between ₹1.2 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

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Pramerica Life Insurance Banking Officer salary in India ranges between ₹1.2 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.