HDFC Life Bancassurance Salaries by 10+ Employees (Updated 2025)

0 - 6 years exp.

₹1.8 Lakh - ₹5 Lakhs

Salary of majority employees

14% more than the average Bancassurance Salary in Insurance Companies for 0 - 6 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

BFSI, Investments & Trading Bancassurance Salary 3 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹3.9 L/yr
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Sales & Business Development Bancassurance Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr

Last Updated: 14 Jun 2024

Companies similar to HDFC Life for Bancassurance

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Bancassurance Salary 0 - 2 years exp. (4 salaries)	₹2.5 L/yr - ₹3.1 L/yr 22% less
SBI Life Insurance Company Bancassurance Salary 3 - 8 years exp. (5 salaries)	₹2.8 L/yr - ₹4.2 L/yr 13% less
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Max Life Insurance Bancassurance Salary 2 - 8 years exp. (3 salaries)	₹3.2 L/yr - ₹3.4 L/yr 14% less
Bajaj Allianz Life Insurance Bancassurance Salary 5 - 8 years exp. (3 salaries)	₹3.1 L/yr - ₹3.3 L/yr 17% less
Tata AIA Life Insurance Bancassurance Salary 0 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹5 L/yr 9% less	4 job openings
PNB MetLife Bancassurance Salary 1 - 8 years exp. (3 salaries)	₹3.2 L/yr - ₹4.1 L/yr 1% less
Star Health & Allied Insurance Bancassurance Salary 2 - 6 years exp. (3 salaries)	₹2.8 L/yr - ₹3.8 L/yr 15% less

Bancassurance salary at HDFC Life ranges between ₹1.8 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 11 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Bancassurance salaries

Last Updated: 14 Jun 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	₹2.2 L/yr - ₹4.8 L/yr
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹5 L/yr
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2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹6.9 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.7 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.5 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.3 L/yr

View all

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Top skills at HDFC Life for Bancassurance

Life Insurance Business Development Channel Sales Channel Partners Life Insurance

Salary related reviews for HDFC Life

4.1

Rated by 3 employees for salary & benefits

Senior Corporate Agency Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 08 Nov 2024

4.0

for Salary and Benefits

Likes

Skill development is good more knowledge we gets about product clearly

Salary - Good

+3 more

Dislikes

...nsent about the employee only they listen what our bosses say not to employees, Higher New employees giving higher designation and salary hike instade of give to our old employees

Promotions - Bad

+2 more

Senior Corporate Agency Manager in Mumbai

Full Time

Other Department

1.0

• posted on 14 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing to like, people keep on absconding, due to no work life balance, irrelevant pressure.

Dislikes

...cy, rejected leaves at last moment even after informing manager 2 months before. * No job security, Manager always ask to resign in front of everyone in team meetings * Bullying regarding salary infront of colleagues, as if paying my salary from their own pocket *

Salary - Poor

+6 more

Corporate Agency Manager in Bhubaneswar

Full Time

Sales & Business Development Department

4.0

• posted on 22 Jun 2024

1.0

for Salary and Benefits

Likes

Management are too friendly... All staff are too friendly and helping ...

Job security - Excellent

+2 more

Dislikes

Salary increment problem... promotion criteria too hard.. even new fresher staff Haring with high salary but old staff salary not increase,

Salary - Bad

+1 more

Corporate Agency Manager in Visakhapatnam

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Sep 2023

3.0

for Salary and Benefits

Likes

They pay timely salary this only the thing

Dislikes

1. No work life balance 2. They will torture you 3. If you did not sell the policy they just try make you to purchase a policy for your family 4. There no holiday for bank holidays but it's banca channel 5.worth thing is hdfc bank doesn't like it's own policies and sell other products of tata and birla 6. There is no job security in hdfc life.. company don't remove you but the managers made you to resign So many are there like this

Skill development - Bad

+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

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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HDFC Life Bancassurance Salary FAQs

What is the salary of Bancassurance at HDFC Life?

Bancassurance salary at HDFC Life in India ranges between ₹1.8 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 14% more than the average Bancassurance Salary in India. Salary estimates are based on 11 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Bancassurance at HDFC Life is 14% more than the average salary of a Bancassurance in India. To know exact salary insights, login to view.

What are the top skills required to work as a Bancassurance at HDFC Life?

Life Insurance, Business Development, Channel Sales, Channel Partners and Life Insurance are some of the popular skills required to work as a Bancassurance at HDFC Life India.

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

PNB MetLife Bancassurance Salary - ₹3.2 Lakhs to ₹4.1 Lakhs per year
Tata AIA Life Insurance Bancassurance Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
SBI Life Insurance Company Bancassurance Salary - ₹2.8 Lakhs to ₹4.2 Lakhs per year
Max Life Insurance Bancassurance Salary - ₹3.2 Lakhs to ₹3.4 Lakhs per year
Star Health & Allied Insurance Bancassurance Salary - ₹2.8 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a Bancassurance at HDFC Life ranges between ₹28,143 per month to ₹29,535 per month in India. The take-home salary calculation is based on the average HDFC Life Bancassurance salary in India which ranges between ₹1.8 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Bancassurance at HDFC Life?

According to AmbitionBox, 44% of the HDFC Life Bancassurances reported a notice period of 15 days or less, 45% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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HDFC Life Bancassurance Salaries

HDFC Life Bancassurance salary in India ranges between ₹1.8 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 HDFC Life latest salaries received from various employees of HDFC Life.