Edelweiss Life Insurance Cluster Manager Banca Salaries by 6 Employees (Updated 2025)

6 - 17 years exp.

₹8 Lakhs - ₹9.5 Lakhs

Low Confidence

Salary of majority employees

23% more than the average Cluster Manager Banca Salary in Insurance Companies for 6 - 17 years of experience

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Salaries in different departments

Sales & Business Development Cluster Manager Banca Salary 6 - 13 years exp. (4 salaries)	₹8.4 L/yr - ₹9.5 L/yr
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BFSI, Investments & Trading Cluster Manager Banca Salary 14 - 17 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹8.5 L/yr

Last Updated: 13 Sep 2024

Companies similar to Edelweiss Life Insurance for Cluster Manager Banca

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Cluster Manager Banca Salary 2 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹18 L/yr 17% more
HDFC Life Cluster Manager Banca Salary 6 - 16 years exp. (47 salaries)	₹6.5 L/yr - ₹11.5 L/yr 2% more
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Max Life Insurance Cluster Manager Banca Salary 7 - 17 years exp. (13 salaries)	₹9 L/yr - ₹12.3 L/yr 22% more
Bajaj Allianz Life Insurance Cluster Manager Banca Salary 7 - 13 years exp. (9 salaries)	₹6 L/yr - ₹10 L/yr 13% less
Reliance Nippon Life Insurance Cluster Manager Banca Salary 9 - 11 years exp. (5 salaries)	₹4.4 L/yr - ₹6 L/yr 41% less
Kotak Mahindara Life Insurance Cluster Manager Banca Salary 8 - 17 years exp. (7 salaries)	₹5.5 L/yr - ₹13 L/yr 1% more
Tata AIA Life Insurance Cluster Manager Banca Salary 8 - 13 years exp. (5 salaries)	₹7 L/yr - ₹10 L/yr At par
PNB MetLife Cluster Manager Banca Salary 6 - 9 years exp. (3 salaries)	₹4 L/yr - ₹5.8 L/yr 40% less
Aditya Birla Sun Life Insurance Cluster Manager Banca Salary 7 - 15 years exp. (31 salaries)	₹6.1 L/yr - ₹12 L/yr 7% less
Aditya Birla Health Insurance Co Cluster Manager Banca Salary 3 - 18 years exp. (9 salaries)	₹5.1 L/yr - ₹9 L/yr 18% less
Future Generali India Life Insurance Cluster Manager Banca Salary 9 - 10 years exp. (3 salaries)	₹4 L/yr - ₹9.8 L/yr 13% less
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Cluster Manager Banca salary at Edelweiss Life Insurance ranges between ₹8 Lakhs to ₹9.5 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 6 latest salaries received from various employees of Edelweiss Life Insurance.

Experience wise Edelweiss Life Insurance Cluster Manager Banca salaries

Last Updated: 13 Sep 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹16.5 L/yr
7 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.4 L/yr
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8 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.5 L/yr
10 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
11 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.5 L/yr
12 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10 L/yr
13 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹15.6 L/yr
14 years (AmbitionBox Estimate)	₹8 L/yr - ₹15.4 L/yr
15+ years (AmbitionBox Estimate)	₹3.4 L/yr - ₹8.5 L/yr

View all

Similar Designation salaries in Edelweiss Life Insurance

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Salary related reviews for Edelweiss Life Insurance

2.0

Rated by 2 employees for salary & benefits

Housekeeping Supervisor in Chennai

Full Time

Food, Beverage & Hospitality Department

2.0

• posted on 11 Sep 2023

3.0

for Salary and Benefits

Likes

function time there provide foods for all staff's

Dislikes

salary is very low. there didn't increase. 4 years am working but my salary 8000 only. thats why i resign my job. qm waiting more than 4 month for my pension .still there didn't provide my pension amount and experience amount....

Branch Operation Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Aug 2023

2.0

for Salary and Benefits

Likes

...abt com. 1st Three hears was good, but after covid company behaving like weird. No hike No proposion No increment Branch counter guy sent for premium collection like recovery officer.

Dislikes

No balance in professional n personal. No time limit. Hr's are just show piese for other than sales recruitment. Only sales oriented company, which is good for company but not for employees.

Territory Manager in Tiruchirappalli

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 30 Dec 2022

5.0

for Salary and Benefits

Likes

On time salary. Friendly environment. Good office set up. Excellent customer service. Good ethics on all parameters.

Dislikes

No training and development on career point of views and work related training Updation

Process Analyst (working remotely)

Full Time

Risk Management & Compliance Department

3.0

• posted on 05 Aug 2024

2.0

for Salary and Benefits

Likes

Job Security Learning Work Life Balance Super Boss is Friendly Decent Infrastructure Timely Payment of Salary Awards and Recognition People Friendly HR Fun activities Manager allows to take leave Saturday and Sunday off

Dislikes

Manager is strict No playing area Canteen is congested Loss Making company Growth is slow Limited Budget for innovations

Branch Operation Executive in Varanasi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 25 Jun 2020

3.0

for Salary and Benefits

Likes

There are supportive senior boss. In covid19 salary not break it's release every last day of month. All work perform work from home.

Dislikes

There are job role branch operations executive but still add some extra profile like calling to customer, collect renuwal like target based.

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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Edelweiss Life Insurance Cluster Manager Banca Salary FAQs

What is the salary of Cluster Manager Banca at Edelweiss Life Insurance?

Cluster Manager Banca salary at Edelweiss Life Insurance in India ranges between ₹8.0 Lakhs to ₹9.5 Lakhs for experience between 6 years to 17 years. According to our estimates it is 23% more than the average Cluster Manager Banca Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Edelweiss Life Insurance India.

How does the salary of a Cluster Manager Banca at Edelweiss Life Insurance India compare with the average salary range for this job?

The average salary of a Cluster Manager Banca at Edelweiss Life Insurance is 23% more than the average salary of a Cluster Manager Banca in India. To know exact salary insights, login to view.

Which similar companies are paying more than Edelweiss Life Insurance to a Cluster Manager Banca in India?

Max Life Insurance Cluster Manager Banca Salary - ₹9.0 Lakhs to ₹12.3 Lakhs per year
ICICI Prudential Life Insurance Cluster Manager Banca Salary - ₹6.5 Lakhs to ₹18.0 Lakhs per year
HDFC Life Cluster Manager Banca Salary - ₹6.5 Lakhs to ₹11.5 Lakhs per year
Kotak Mahindara Life Insurance Cluster Manager Banca Salary - ₹5.5 Lakhs to ₹13.0 Lakhs per year

What is the salary of a Cluster Manager Banca in companies similar to Edelweiss Life Insurance in India?

Tata AIA Life Insurance Cluster Manager Banca Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Sun Life Insurance Cluster Manager Banca Salary - ₹6.1 Lakhs to ₹12.0 Lakhs per year
Bajaj Allianz Life Insurance Cluster Manager Banca Salary - ₹6.0 Lakhs to ₹10.0 Lakhs per year
Future Generali India Life Insurance Cluster Manager Banca Salary - ₹4.0 Lakhs to ₹9.8 Lakhs per year
Aditya Birla Health Insurance Co Cluster Manager Banca Salary - ₹5.1 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a Cluster Manager Banca at Edelweiss Life Insurance in India?

The estimated take-home salary of a Cluster Manager Banca at Edelweiss Life Insurance ranges between ₹64,008 per month to ₹65,638 per month in India. The take-home salary calculation is based on the average Edelweiss Life Insurance Cluster Manager Banca salary in India which ranges between ₹8.0 Lakhs to ₹9.5 Lakhs per year for employees with experience between 6 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager Banca at Edelweiss Life Insurance?

According to AmbitionBox, 78% of the Edelweiss Life Insurance Cluster Manager Bancas reported a notice period of 3 Months, 22% reported a notice period of 2 Months.This is based on 9 responses on AmbitionBox in last 2 years.

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Edelweiss Life Insurance Cluster Manager Banca Salaries

Edelweiss Life Insurance Cluster Manager Banca salary in India ranges between ₹8 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.