HDFC Ergo General Insurance Bancassurance Officer Salaries by 10+ Employees (Updated 2025)

3 - 5 years exp.

₹2.6 Lakhs - ₹4.3 Lakhs

Salary of majority employees

18% more than the average Bancassurance Officer Salary in Insurance Companies for 3 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Bancassurance Officer Salary 3 - 5 years exp. (5 salaries)	₹2.6 L/yr - ₹3.5 L/yr
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Sales & Business Development Bancassurance Officer Salary 3 - 5 years exp. (3 salaries)	₹3.3 L/yr - ₹4.3 L/yr

Last Updated: 19 Jul 2023

Companies similar to HDFC Ergo General Insurance for Bancassurance Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Bancassurance Officer Salary 1 - 6 years exp. (6 salaries)	₹3 L/yr - ₹3.6 L/yr 1% less
Bajaj Allianz General Insurance Bancassurance Officer Salary 1 - 2 years exp. (4 salaries)	₹1.2 L/yr - ₹3 L/yr 32% less
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Reliance General Insurance Bancassurance Officer Salary 3 - 7 years exp. (5 salaries)	₹2.1 L/yr - ₹2.6 L/yr 31% less
Tata AIG Bancassurance Officer Salary 1 - 9 years exp. (4 salaries)	₹1.7 L/yr - ₹5.2 L/yr 26% more
SBI General Insurance Bancassurance Officer Salary 2 - 3 years exp. (3 salaries)	₹2 L/yr - ₹3.8 L/yr 24% less
Future Generali India Life Insurance Bancassurance Officer Salary 1 - 9 years exp. (15 salaries)	₹1.7 L/yr - ₹3 L/yr 34% less
Tata AIA Life Insurance Bancassurance Officer Salary 0 - 5 years exp. (70 salaries)	₹2.1 L/yr - ₹3.5 L/yr 17% less
HDFC Life Bancassurance Officer Salary 0 - 5 years exp. (65 salaries)	₹1.5 L/yr - ₹4.5 L/yr 14% less
Axis Max Life Insurance Bancassurance Officer Salary 1 - 5 years exp. (21 salaries)	₹2.1 L/yr - ₹4 L/yr 18% less
ICICI Prudential Life Insurance Bancassurance Officer Salary 1 - 5 years exp. (19 salaries)	₹1.5 L/yr - ₹4.5 L/yr 15% less
Aditya Birla Sun Life Insurance Bancassurance Officer Salary 0 - 5 years exp. (13 salaries)	₹2.3 L/yr - ₹4 L/yr 5% less
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Bajaj Allianz Life Insurance Bancassurance Officer Salary 1 - 5 years exp. (10 salaries)	₹2.3 L/yr - ₹3.3 L/yr 17% less
Canara HSBC Life Insurance Bancassurance Officer Salary 1 - 6 years exp. (6 salaries)	₹2.5 L/yr - ₹4.1 L/yr 5% less
PNB MetLife Bancassurance Officer Salary 0 - 5 years exp. (6 salaries)	₹3 L/yr - ₹4.3 L/yr 5% less
SBI Life Insurance Company Bancassurance Officer Salary 1 - 7 years exp. (5 salaries)	₹2.6 L/yr - ₹4 L/yr 2% more
Kotak Mahindara Life Insurance Bancassurance Officer Salary 1 - 7 years exp. (4 salaries)	₹2.7 L/yr - ₹4.5 L/yr 9% more
Shriram Life Insurance Bancassurance Officer Salary 3 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 40% less
Niva Bupa Health Insurance Company Bancassurance Officer Salary 2 - 4 years exp. (3 salaries)	₹3.3 L/yr - ₹3.5 L/yr 1% more

Bancassurance Officer salary at HDFC Ergo General Insurance ranges between ₹2.6 Lakhs to ₹4.3 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 11 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Bancassurance Officer salaries

Last Updated: 19 Jul 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.8 L/yr
4 years (5 salaries)	₹2.6 L/yr - ₹4.3 L/yr
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5 years (4 salaries)	₹2.6 L/yr - ₹4.3 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Bancassurance Manager Salary

(10 salaries)

₹6 L/yr - ₹9.5 L/yr

Relationship Officer Salary

(4 salaries)

₹2.1 L/yr - ₹3.6 L/yr

Business Sales Manager Salary

(4 salaries)

₹4.5 L/yr - ₹11 L/yr

Executive Trainee Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Sales Manager Salary

(282 salaries)

₹2.2 L/yr - ₹7.5 L/yr

Area Manager Salary

(40 salaries)

₹6 L/yr - ₹12.5 L/yr

Cluster Manager Salary

(21 salaries)

₹4.1 L/yr - ₹13.5 L/yr

Associate Sales Manager Salary

(5 salaries)

₹2.95 L/yr - ₹6.35 L/yr

Relationship Manager Salary

(88 salaries)

₹1.85 L/yr - ₹5.64 L/yr

Deputy Manager Salary

(955 salaries)

₹3.2 L/yr - ₹10.25 L/yr

Salary related reviews for HDFC Ergo General Insurance

5.0

Rated by 1 employees for salary & benefits

Deputy Manager in Surat

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.

Skill development - Poor

+1 more

Relationship Manager in Patna

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.

Salary - Poor

+6 more

Business Development Manager

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.

Salary - Excellent

+6 more

Dislikes

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

Senior Manager Information Technology in Mumbai

Full Time

IT & Information Security Department

5.0

• posted on 25 Dec 2024

5.0

for Salary and Benefits

Likes

...appy to be part of HDFC Ergo where I can upskill myself along with he work life. Company encourage us to take time off for personal life Management is good Salary and work environment is also good Multiple events helps to avoid boring work life

Salary - Excellent

+6 more

Dislikes

Nothing so far... See if they can help to improve the appraisal thing 😜 Because whatever good we get as an employee but good increament will always have higher stake in that happiness and shows worthiness to the efforts

Operations Manager in Noida

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 Dec 2024

3.0

for Salary and Benefits

Likes

Salaries are on time

Dislikes

They need low package employees No scope of growth They don't know how to utilise the employees skills and what ever the skills you have learnt in past every thing will vanished due to non utilisation. If you have good reference you will get good post and salaries The new CEO is very poor in cost optimization Very soon this hdfc ergo will be in loss. There compititior will grow by taking some advantages. There policies are not employee and customer friendly

Skill development - Bad

+4 more

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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HDFC Ergo General Insurance Bancassurance Officer Salary FAQs

What is the salary of Bancassurance Officer at HDFC Ergo General Insurance?

Bancassurance Officer salary at HDFC Ergo General Insurance in India ranges between ₹2.6 Lakhs to ₹4.3 Lakhs for experience between 3 years to 5 years. According to our estimates it is 18% more than the average Bancassurance Officer Salary in India. Salary estimates are based on 11 latest salaries received from various employees of HDFC Ergo General Insurance India.

How does the salary of a Bancassurance Officer at HDFC Ergo General Insurance India compare with the average salary range for this job?

The average salary of a Bancassurance Officer at HDFC Ergo General Insurance is 18% more than the average salary of a Bancassurance Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Ergo General Insurance to a Bancassurance Officer in India?

Tata AIG Bancassurance Officer Salary - ₹1.7 Lakhs to ₹5.2 Lakhs per year
Kotak Mahindara Life Insurance Bancassurance Officer Salary - ₹2.7 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company Bancassurance Officer Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year
Niva Bupa Health Insurance Company Bancassurance Officer Salary - ₹3.3 Lakhs to ₹3.5 Lakhs per year

What is the salary of a Bancassurance Officer in companies similar to HDFC Ergo General Insurance in India?

ICICI Lombard General Insurance Company Bancassurance Officer Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year
Canara HSBC Life Insurance Bancassurance Officer Salary - ₹2.5 Lakhs to ₹4.1 Lakhs per year
Aditya Birla Sun Life Insurance Bancassurance Officer Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
PNB MetLife Bancassurance Officer Salary - ₹3.0 Lakhs to ₹4.3 Lakhs per year
HDFC Life Bancassurance Officer Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Bancassurance Officer at HDFC Ergo General Insurance in India?

The estimated take-home salary of a Bancassurance Officer at HDFC Ergo General Insurance ranges between ₹24,057 per month to ₹25,509 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Bancassurance Officer salary in India which ranges between ₹2.6 Lakhs to ₹4.3 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Bancassurance Officer at HDFC Ergo General Insurance?

According to AmbitionBox, 50% of the HDFC Ergo General Insurance Bancassurance Officers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Bancassurance Officer Salaries

HDFC Ergo General Insurance Bancassurance Officer salary in India ranges between ₹2.6 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.