HDFC Ergo General Insurance Territory Manager Bancassurance Salaries by 4 Employees (Updated 2025)

8 - 15 years exp.

₹7 Lakhs - ₹7.9 Lakhs

Low Confidence

Salary of majority employees

25% less than the average Territory Manager Bancassurance Salary in Insurance Companies for 8 - 15 years of experience

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Last Updated: 12 Mar 2023

Companies similar to HDFC Ergo General Insurance for Territory Manager Bancassurance

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Territory Manager Bancassurance Salary 5 - 16 years exp. (3 salaries)	₹4 L/yr - ₹6 L/yr 35% less
HDFC Life Territory Manager Bancassurance Salary 8 - 19 years exp. (18 salaries)	₹5.4 L/yr - ₹20 L/yr 76% more
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PNB MetLife Territory Manager Bancassurance Salary 5 - 15 years exp. (16 salaries)	₹6.5 L/yr - ₹9.8 L/yr 9% more	2 job openings
Tata AIA Life Insurance Territory Manager Bancassurance Salary 4 - 18 years exp. (5 salaries)	₹5.5 L/yr - ₹7 L/yr 16% less	1 job opening
ICICI Prudential Life Insurance Territory Manager Bancassurance Salary 1 - 3 years exp. (4 salaries)	₹2.6 L/yr - ₹6 L/yr 30% less
Bajaj Allianz Life Insurance Territory Manager Bancassurance Salary 13 - 15 years exp. (4 salaries)	₹13.5 L/yr - ₹17 L/yr 107% more

Territory Manager Bancassurance salary at HDFC Ergo General Insurance ranges between ₹7 Lakhs to ₹7.9 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Territory Manager Bancassurance salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.9 L/yr
9 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
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14 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
15+ years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr

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₹3.5 L/yr - ₹12.5 L/yr

Salary related reviews for HDFC Ergo General Insurance

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

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

Virtual Relationship Manager in Noida

Agency Channel Department

3.0

• posted on 09 Sep 2021

2.0

for Salary and Benefits

Likes

It's just brand name in market. You will get salaries on time

Dislikes

no work life balance ,they can cancel ur holidays at any time, all last Sunday working in every month end for no use. Pathetic leadership, Poor HR policies.

Salary - Poor

+6 more

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I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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HDFC Ergo General Insurance Territory Manager Bancassurance Salary FAQs

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

Territory Manager Bancassurance salary at HDFC Ergo General Insurance in India ranges between ₹7.0 Lakhs to ₹7.9 Lakhs for experience between 8 years to 15 years. According to our estimates it is 25% less than the average Territory Manager Bancassurance Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance India.

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

The average salary of a Territory Manager Bancassurance at HDFC Ergo General Insurance is 25% less than the average salary of a Territory Manager Bancassurance in India. To know exact salary insights, login to view.

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

Bajaj Allianz Life Insurance Territory Manager Bancassurance Salary - ₹13.5 Lakhs to ₹17.0 Lakhs per year
HDFC Life Territory Manager Bancassurance Salary - ₹5.4 Lakhs to ₹20.0 Lakhs per year
PNB MetLife Territory Manager Bancassurance Salary - ₹6.5 Lakhs to ₹9.8 Lakhs per year

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

Tata AIA Life Insurance Territory Manager Bancassurance Salary - ₹5.5 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance Territory Manager Bancassurance Salary - ₹2.6 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz General Insurance Territory Manager Bancassurance Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a Territory Manager Bancassurance at HDFC Ergo General Insurance ranges between ₹55,073 per month to ₹56,450 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Territory Manager Bancassurance salary in India which ranges between ₹7.0 Lakhs to ₹7.9 Lakhs per year for employees with experience between 8 years to 15 years. Check how did we calculate take home salary?

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HDFC Ergo General Insurance Territory Manager Bancassurance Salaries by Location

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HDFC Ergo General Insurance Territory Manager Bancassurance Salaries

HDFC Ergo General Insurance Territory Manager Bancassurance salary in India ranges between ₹7 Lakhs to ₹7.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.

HDFC Ergo General Insurance Territory Manager Bancassurance salaries in India

Companies similar to HDFC Ergo General Insurance for Territory Manager Bancassurance

Latest annual salaries shared by HDFC Ergo General Insurance Territory Manager Bancassurance

Experience wise HDFC Ergo General Insurance Territory Manager Bancassurance salaries

Similar Designation salaries in HDFC Ergo General Insurance

Salary related reviews for HDFC Ergo General Insurance

Agency Manager in Bhopal

Branch Manager in Mumbai

Associate Agency Development Manager in Nagpur

Cluster Head in Agra

Virtual Relationship Manager in Noida

HDFC Ergo General Insurance Territory Manager Bancassurance Salary FAQs

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HDFC Ergo General Insurance Territory Manager Bancassurance Salaries by Location