HDFC Bank Chennai Bancassurance Manager Salaries by 4 Employees

4 - 6 years exp.

₹3.5 Lakhs - ₹5.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

12% less than the average Bancassurance Manager Salary in Banking Companies for 4 - 6 years of experience

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Last Updated: 27 Feb 2024

Companies similar to HDFC Bank for Bancassurance Manager in Chennai

HDFC Bank Bancassurance Manager Salary

4 - 6 years exp. (4 salaries)

₹3.5 L/yr - ₹5.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Bancassurance Manager Salary 0 - 12 years exp. (95 salaries)	₹3.2 L/yr - ₹6.8 L/yr 17% more	3 job openings
Login to view exact salary
Tata AIA Life Insurance Bancassurance Manager Salary 3 - 10 years exp. (10 salaries)	₹4 L/yr - ₹7.3 L/yr 16% more

Bancassurance Manager salary at HDFC Bank ranges between ₹3.5 Lakhs to ₹5.6 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Bancassurance Manager salaries in Chennai

Last Updated: 27 Feb 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr

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Corporate Agency Manager Salary

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Salary related reviews for HDFC Bank

5.0

Rated by 1 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 25 Mar 2025

2.0

for Salary and Benefits

Likes

Don't have anything to like here

Dislikes

No Work life balance here No opportunity for skill development. No proper salary hike If you and family suffering from anything and u not providing proper productivity due any issue then don't have job security.

Salary - Poor

+5 more

Relationship Officer in Gangtok

Full Time

Finance & Accounting Department

1.0

• posted on 16 Feb 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...working in this company for last 6 years but I have never seen any growth on it. Not in my position nor in my salary . So that I m looking another job. Some time I also fill like that why had I spend my 6 year because here is no any Skill development.

Salary - Bad

+6 more

Deputy Manager in Guwahati (working remotely)

Full Time

Sales & Business Development Department

3.0

• posted on 09 Feb 2025

2.0

for Salary and Benefits

Likes

1.Good brand value in market. 2.Variety of products.

Skill development - Good

+1 more

Dislikes

1. They demands multiple products to sell at same time. 2. Senior managers are taking very high salary with less productive and ideas and they just do 2-3 hrs concall with staffs every day. 3. Unwanted pressure on so many things.

Salary - Poor

+1 more

Sales Manager in Aurangabad

Full Time

Sales & Business Development Department

4.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Product, customer trust on bank and it's help you to work in bank , office collogue help for you work time , internal job switch option available and job security only on your performance.

Job security - Good

+1 more

Dislikes

As per work not provide the salary and time to time change the product and sales targets , with out intimation and taken consent the role and work , promotion not depends on you it's totally depends on the supervisor and higher supervisor if they want to give you pramotion for not.

Salary - Poor

+1 more

Sales Manager in Vijayawada

Full Time

Sales & Business Development Department

5.0

• posted on 04 Jan 2025

4.0

for Salary and Benefits

Likes

strong brand reputation, good learning and development opportunities, a supportive work culture with helpful colleagues, competitive salary and incentives, and the potential for career growth within the organization

Salary - Good

+6 more

Dislikes

Some challenges include high work pressure,

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What people are saying about HDFC Bank

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Need suggestion for betterment

I am 32, having experience of 7 years in working capital vertical, have been stuck in my present job due to family issues. It is really difficult for me to relocate to any other city and I am not getting enough response in my present location in the same vertical in other companies. Salary is really low (Present CTC is 4.01 L) and struggling to survive in daily life expenses. Kindly suggest.

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HDFC Bank Bancassurance Manager Salary FAQs

What is the salary of Bancassurance Manager at HDFC Bank in Chennai?

The average salary of a Bancassurance Manager at HDFC Bank in Chennai typically ranges from ₹3.5 Lakhs to ₹5.6 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Bancassurance Manager in Chennai at HDFC Bank earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Bancassurance Manager Salaries at HDFC Bank 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 4 HDFC Bank employees in India.

What is the estimated take home salary of a Bancassurance Manager at HDFC Bank in Chennai?

The estimated take-home salary of a Bancassurance Manager at HDFC Bank in Chennai typically ranges from ₹36,749 to ₹37,963 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from 4 years to 6 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 4 salaries received from various employees of HDFC Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Bank for Bancassurance Manager in India?

HDFC Life	₹3.2 Lakhs to ₹6.8 Lakhs per year
Tata AIA Life Insurance	₹4.0 Lakhs to ₹7.3 Lakhs per year

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

How the salary growth look like for a Bancassurance Manager at HDFC Bank in Chennai?

The salary growth for a Bancassurance Manager at HDFC Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Bancassurance Manager in Chennai can expect the following growth trajectory at HDFC Bank:

Experience	Average Salary Range
4 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
5 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
6 years	₹4.6 Lakhs to ₹5.8 Lakhs per year

and so on.

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HDFC Bank Bancassurance Manager Salaries in Chennai

HDFC Bank Bancassurance Manager salary in Chennai ranges between ₹3.5 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Bank latest salaries received from various employees of HDFC Bank.