HDFC Life Associate Bancassurance Manager Salaries by 4 Employees (Updated 2025)

3 - 14 years exp.

₹3.2 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

12% more than the average Associate Bancassurance Manager Salary in Insurance Companies for 3 - 14 years of experience

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Salaries in different departments

Sales & Business Development Associate Bancassurance Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr
BFSI, Investments & Trading Associate Bancassurance Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
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Finance & Accounting Associate Bancassurance Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.8 L/yr

Last Updated: 27 Sep 2024

Companies similar to HDFC Life for Associate Bancassurance Manager

Company name	Avg Annual Salary	Open Jobs
Reliance General Insurance Associate Bancassurance Manager Salary 3 - 8 years exp. (3 salaries)	₹3.9 L/yr - ₹4.4 L/yr 8% less

Associate Bancassurance Manager salary at HDFC Life ranges between ₹3.2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Associate Bancassurance Manager salaries

Last Updated: 27 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
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13 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
14 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr

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Salary related reviews for HDFC Life

Rated by 1 employees for salary & benefits

Senior Associate in Machilipatnam

Full Time

Other Department

4.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Skill development and learning is the main element in the hdfc life. Company culture and environment is very place to work.

Skill development - Excellent

+2 more

Dislikes

...ys. Promotions and appraisals is a joke here less than 6% is the increment here. Salary are very low when compared to other similar industry.

Promotions - Poor

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Hdfc life office is hygienic.

Dislikes

Manager is your god. And manager scold in con call tell fukat ka salary leta hai kya. If you achieve Target then also you will not get increment. Boss gives more priority to girls.

Salary - Bad

+6 more

Operations Manager in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 26 Nov 2023

1.0

for Salary and Benefits

Likes

The way they make fool our of you. JD and actual work are really different. Popular statement "I am a really considerate manager".

Job security - Excellent

Dislikes

Usual work day is for about 12 hrs On document Saturday is a non working day but you will be forced to work with out pay. Overtime is a myth Promotion depends upon L1's will. Variable pay is only for MT's and chief manager & above Huge gap in pay at same band.

Salary - Bad

+4 more

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Oct 2023

3.0

for Salary and Benefits

Likes

Already they are top in insurance sector so people know about this company that's good part.

Dislikes

...se that's why they are doing insurance these are the facts they take advantage In small salary package thier expectation is more than crore For a freshers Or 2 years experience not good place to work You have to travel every single day like a horse (on your money) Many more people don't share because they sacred if they share they can't get job because these people leaves and they go to another company so it's like round like earth anyone can meet anywhere In 100 people only will success 2

Skill development - Poor

+5 more

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

Salary - Poor

+4 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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HDFC Life Associate Bancassurance Manager Salary FAQs

What is the salary of Associate Bancassurance Manager at HDFC Life?

Associate Bancassurance Manager salary at HDFC Life in India ranges between ₹3.2 Lakhs to ₹5.5 Lakhs for experience between 3 years to 14 years. According to our estimates it is 12% more than the average Associate Bancassurance Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life India.

How does the salary of a Associate Bancassurance Manager at HDFC Life India compare with the average salary range for this job?

The average salary of a Associate Bancassurance Manager at HDFC Life is 12% more than the average salary of a Associate Bancassurance Manager in India. To know exact salary insights, login to view.

What is the salary of a Associate Bancassurance Manager in companies similar to HDFC Life in India?

Reliance General Insurance Associate Bancassurance Manager Salary - ₹3.9 Lakhs to ₹4.4 Lakhs per year

What is the estimated take home salary of a Associate Bancassurance Manager at HDFC Life in India?

The estimated take-home salary of a Associate Bancassurance Manager at HDFC Life ranges between ₹32,744 per month to ₹34,017 per month in India. The take-home salary calculation is based on the average HDFC Life Associate Bancassurance Manager salary in India which ranges between ₹3.2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Associate Bancassurance Manager at HDFC Life?

According to AmbitionBox, 50% of the HDFC Life Associate Bancassurance Managers reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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HDFC Life Associate Bancassurance Manager Salaries

HDFC Life Associate Bancassurance Manager salary in India ranges between ₹3.2 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.