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HDFC Ergo General Insurance Bancassurance Manager salaries in Mumbai

Annual salary range
8 - 10 years exp.
₹8.5 Lakhs - ₹9.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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60% more than the average Bancassurance Manager Salary in Insurance Companies for 8 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Bancassurance Manager Salary
8 - 10 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹9.5 L/yr

Sales & Business Development
Bancassurance Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹8.5 L/yr - ₹9.1 L/yr

Last Updated: 14 Mar 2023

Companies similar to HDFC Ergo General Insurance for Bancassurance Manager in Mumbai

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HDFC Ergo General Insurance Bancassurance Manager Salary

8 - 10 years exp. (3 salaries)

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₹8.5 L/yr - ₹9.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Bancassurance Manager Salary

0 - 12 years exp. (140 salaries)

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₹3.3 L/yr - ₹7 L/yr

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3 job openings
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₹3.5 L/yr - ₹7.5 L/yr

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₹4 L/yr - ₹6.5 L/yr

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₹4.5 L/yr - ₹6.5 L/yr

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Yes Bank Bancassurance Manager Salary

3 - 5 years exp. (3 salaries)

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₹5.5 L/yr - ₹6 L/yr

arrow icon 37% less
Bancassurance Manager salary at HDFC Ergo General Insurance ranges between ₹8.5 Lakhs to ₹9.5 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Bancassurance Manager salaries in Mumbai

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr
9 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr
10 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary
(260 salaries)
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₹3 L/yr - ₹10.25 L/yr
Sales Manager Salary
(26 salaries)
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₹3 L/yr - ₹6.5 L/yr
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₹2.5 L/yr - ₹8.23 L/yr
Area Manager Salary
(3 salaries)
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₹7.1 L/yr - ₹11.4 L/yr

Salary related reviews for HDFC Ergo General Insurance

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 26 Nov 2024

3.0
 for  Salary and Benefits

Likes

Employee can manage his/her work life balance at this organization.

  • Job security - Excellent
  • +2 more

Dislikes

...the cost cutting which effects Employee's conveyance, variable, appraisals etc.. This means Ergo has to improve the adequate pay scale as per Employee's skills and performance.

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Bancainsurance Department

2.0
  •  posted on 28 Jun 2018

2.0
 for  Salary and Benefits

Likes

I don't like anything about working in Apollo Munich, except few people.

Dislikes

There id nothing to like, There is no transparency in salary cut And they won't give Allowances if you will not Achieve your target. There is no management support. Full stressful life, Senior don't know how to work. They will simply put pressure on you.

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  • Salary - Poor
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BFSI, Investments & Trading Department

5.0
  •  posted on 24 Mar 2018

5.0
 for  Salary and Benefits

Likes

...stry.traning r going time to time .career growth is so good but u have to work .hand some salary package,I live working with Apollo Munich. If I get 1 more chance to work I will work in the same industry.

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  • Salary - Excellent
  • +6 more

Dislikes

Careless people can't work not in Apollo not any were lese.

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 10 Mar 2025

2.0
 for  Salary and Benefits

Likes

Nothing even HOD sitting at Mumbai not eager to pay travelling allowance. Great joke you need to provide upi payment detail for bus fare if you have travelled by private bus.

read more

Dislikes

Seniors don't have humanity, you need to attend concall even though you are in icu.

  • Salary - Poor
  • +6 more

Full Time

 · 

Healthcare & Life Sciences Department

1.0
  •  posted on 31 Jan 2025

2.0
 for  Salary and Benefits

Likes

Salary on time only benifits.

Dislikes

- Creat problem when you switch, create relieving issues . - CTC not as per discussion. - 3 month Notice period ,if not done no compensation AND RECOVERY. THANK TWICE BEFORE JOINING. - 5 days on paper but 6 days off record work. BOTHERATION BY MANAGER FOR TARGET TO REJECT CLAIMS.

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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HDFC Ergo General Insurance Bancassurance Manager Salary FAQs

How the salary growth look like for a Bancassurance Manager at HDFC Ergo General Insurance in Mumbai?
The salary growth for a Bancassurance Manager at HDFC Ergo General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Bancassurance Manager in Mumbai can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience Average Salary Range
8 years ₹8.1 Lakhs to ₹10.3 Lakhs per year
9 years ₹8.1 Lakhs to ₹10.3 Lakhs per year
10 years ₹8.1 Lakhs to ₹10.3 Lakhs per year
and so on.

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HDFC Ergo General Insurance Bancassurance Manager salary in Mumbai ranges between ₹8.5 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.