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

2 - 12 years exp.

₹3.1 Lakhs - ₹5.3 Lakhs

Salary of majority employees

9% less than the average Sales Manager Bancassurance Salary in Insurance Companies for 2 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Manager Bancassurance Salary 3 - 8 years exp. (8 salaries)	₹3.1 L/yr - ₹5.3 L/yr
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Sales & Business Development Sales Manager Bancassurance Salary 4 - 12 years exp. (5 salaries)	₹3.5 L/yr - ₹4.1 L/yr

Last Updated: 18 Jul 2024

Companies similar to HDFC Ergo General Insurance for Sales Manager Bancassurance

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Sales Manager Bancassurance Salary 1 - 13 years exp. (14 salaries)	₹3 L/yr - ₹10.6 L/yr 54% more	1 job opening
Bajaj Allianz General Insurance Sales Manager Bancassurance Salary 0 - 13 years exp. (24 salaries)	₹1.7 L/yr - ₹6 L/yr 7% more	37 job openings
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Reliance General Insurance Sales Manager Bancassurance Salary 3 - 11 years exp. (12 salaries)	₹2.8 L/yr - ₹7.8 L/yr 24% more
Tata AIG Sales Manager Bancassurance Salary 6 - 16 years exp. (11 salaries)	₹5.5 L/yr - ₹11 L/yr 105% more
Future Generali India Life Insurance Sales Manager Bancassurance Salary 1 - 4 years exp. (3 salaries)	₹1.5 L/yr - ₹2.9 L/yr 31% less
HDFC Life Sales Manager Bancassurance Salary 0 - 9 years exp. (20 salaries)	₹1.8 L/yr - ₹7 L/yr 22% less
ICICI Prudential Life Insurance Sales Manager Bancassurance Salary 1 - 10 years exp. (16 salaries)	₹5 L/yr - ₹10 L/yr 69% more
Bajaj Allianz Life Insurance Sales Manager Bancassurance Salary 3 - 7 years exp. (12 salaries)	₹2.3 L/yr - ₹4.2 L/yr 13% less
Kotak Mahindara Life Insurance Sales Manager Bancassurance Salary 2 - 10 years exp. (7 salaries)	₹3.5 L/yr - ₹5.5 L/yr 12% more
PNB MetLife Sales Manager Bancassurance Salary 0 - 4 years exp. (6 salaries)	₹1.8 L/yr - ₹3.2 L/yr 42% less
Tata AIA Life Insurance Sales Manager Bancassurance Salary 3 - 5 years exp. (5 salaries)	₹2.3 L/yr - ₹4 L/yr 14% less	1 job opening
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Reliance Nippon Life Insurance Sales Manager Bancassurance Salary 2 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹3.9 L/yr 23% less
Axis Max Life Insurance Sales Manager Bancassurance Salary 4 - 7 years exp. (4 salaries)	₹3.1 L/yr - ₹4.7 L/yr 13% less	3 job openings
Canara HSBC Life Insurance Sales Manager Bancassurance Salary 0 - 7 years exp. (4 salaries)	₹2 L/yr - ₹3.2 L/yr 32% less
Aditya Birla Sun Life Insurance Sales Manager Bancassurance Salary 0 - 11 years exp. (4 salaries)	₹2.2 L/yr - ₹6.5 L/yr 5% less

Sales Manager Bancassurance salary at HDFC Ergo General Insurance ranges between ₹3.1 Lakhs to ₹5.3 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 18 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Sales Manager Bancassurance salaries

Last Updated: 18 Jul 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹7 L/yr
3 years (3 salaries)	₹3.1 L/yr - ₹7.1 L/yr
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4 years (3 salaries)	₹3.5 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.1 L/yr
6 years (3 salaries)	₹3.5 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹7.2 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.2 L/yr
9 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.3 L/yr
11 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
12 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.3 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

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Branch Manager Salary

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Deputy Vice President Salary

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₹18 L/yr - ₹44.92 L/yr

Relationship Manager Salary

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Channel Sales Officer Salary

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Agency Development Manager Salary

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Senior Agency Manager Salary

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₹3.6 L/yr - ₹5.5 L/yr

Cluster Head Salary

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₹6 L/yr - ₹14 L/yr

Claims Manager Salary

(36 salaries)

₹4.55 L/yr - ₹12.5 L/yr

Top skills at HDFC Ergo General Insurance for Sales Manager Bancassurance

Relationship Management B2B Sales Bancassurance Insurance Sales Corporate Sales Direct Sales Sales banca

Salary related reviews for HDFC Ergo General Insurance

4.2

Rated by 8 employees for salary & benefits

Agency Manager in Bhopal

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 17 Oct 2023

3.0

for Salary and Benefits

Likes

The company thinks very highly of its customers

Work satisfaction - Good

Dislikes

company is providing new employees with higher compensation packages than existing employees, without offering any increment to the latter. This can create dissatisfaction among the older employees.

Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 27 Nov 2022

1.0

for Salary and Benefits

Likes

Claims

Dislikes

...what to do and how.. just business without planning. Lack of vision n mission. Comparatively Very low salary and incentives . Software n system upto 1980s. Focus on employee tracking instead of supporting.

Salary - Bad

+6 more

Associate Agency Development Manager in Nagpur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 13 Oct 2020

3.0

for Salary and Benefits

Likes

Nothing good only Hard work and low salary and not showing terms and condition to employee very bad experience don't joint and if you get promotion but salary not increase and no allowance, no bonus. And fraud company please don't joint

Dislikes

Don't joint fraud company very bad experience.

Promotions - Poor

+2 more

Insurance Sales Officer in Trichy

BFSI, Investments & Trading Department

5.0

• posted on 29 Jun 2022

3.0

for Salary and Benefits

Likes

Its a branded company and like to work

Skill development - Excellent

+1 more

Dislikes

...a good company but low level (Exicutive) employees salary and bonus is very low.he is a field work but final year bonus is only for variable pay in percentage only is not satisfied for working.higher authorities CTC is high so easily get a anual bonus is high.kindly analysis this structure.

Cluster Head in Agra

BFSI, Investments & Trading Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

It's Good place to work. In this company lot of opportunity to increase your career. and support of seniors is too good

Salary - Excellent

+6 more

Dislikes

Salary growth and career growth is very slow but lot of learing I have got from there do I am happy with HDFC ERGO

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Sales Manager Bancassurance Salary FAQs

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

Sales Manager Bancassurance salary at HDFC Ergo General Insurance in India ranges between ₹3.1 Lakhs to ₹5.3 Lakhs for experience between 2 years to 12 years. According to our estimates it is 9% less than the average Sales Manager Bancassurance Salary in India. Salary estimates are based on 18 latest salaries received from various employees of HDFC Ergo General Insurance India.

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

The average salary of a Sales Manager Bancassurance at HDFC Ergo General Insurance is 9% less than the average salary of a Sales Manager Bancassurance in India. To know exact salary insights, login to view.

What are the top skills required to work as a Sales Manager Bancassurance at HDFC Ergo General Insurance?

Relationship Management, B2B Sales, Bancassurance, Insurance Sales and Corporate Sales are some of the popular skills required to work as a Sales Manager Bancassurance at HDFC Ergo General Insurance India.

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

Tata AIG Sales Manager Bancassurance Salary - ₹5.5 Lakhs to ₹11.0 Lakhs per year
ICICI Prudential Life Insurance Sales Manager Bancassurance Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year
ICICI Lombard General Insurance Company Sales Manager Bancassurance Salary - ₹3.0 Lakhs to ₹10.6 Lakhs per year
Reliance General Insurance Sales Manager Bancassurance Salary - ₹2.8 Lakhs to ₹7.8 Lakhs per year
Kotak Mahindara Life Insurance Sales Manager Bancassurance Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year

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

Bajaj Allianz General Insurance Sales Manager Bancassurance Salary - ₹1.7 Lakhs to ₹6.0 Lakhs per year
Aditya Birla Sun Life Insurance Sales Manager Bancassurance Salary - ₹2.2 Lakhs to ₹6.5 Lakhs per year
Axis Max Life Insurance Sales Manager Bancassurance Salary - ₹3.1 Lakhs to ₹4.7 Lakhs per year
Bajaj Allianz Life Insurance Sales Manager Bancassurance Salary - ₹2.3 Lakhs to ₹4.2 Lakhs per year
Tata AIA Life Insurance Sales Manager Bancassurance Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a Sales Manager Bancassurance at HDFC Ergo General Insurance ranges between ₹29,568 per month to ₹30,889 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Sales Manager Bancassurance salary in India which ranges between ₹3.1 Lakhs to ₹5.3 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the HDFC Ergo General Insurance Sales Manager Bancassurances reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Sales Manager Bancassurance Salaries

HDFC Ergo General Insurance Sales Manager Bancassurance salary in India ranges between ₹3.1 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.