HDFC Life Bancassurance Manager Salaries by 1200+ Employees (Updated 2025)

0 - 12 years exp.

₹3 Lakhs - ₹7 Lakhs

Salary of majority employees

Fixed (100%)

₹5.7 Lakhs

Variable (0%)

₹0.0

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At par with the average Bancassurance Manager Salary in Insurance Companies for 0 - 12 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

BFSI, Investments & Trading Bancassurance Manager Salary 0 - 11 years exp. (518 salaries)	Unlock ₹3.2 L/yr - ₹7 L/yr
Sales & Business Development Bancassurance Manager Salary 0 - 12 years exp. (285 salaries)	Unlock ₹3 L/yr - ₹7 L/yr
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Customer Success, Service & Operations Bancassurance Manager Salary 0 - 11 years exp. (75 salaries)	Unlock ₹3.6 L/yr - ₹7 L/yr
Marketing & Communication Bancassurance Manager Salary 1 - 11 years exp. (54 salaries)	Unlock ₹3.7 L/yr - ₹6.7 L/yr
Finance & Accounting Bancassurance Manager Salary 0 - 10 years exp. (50 salaries)	Unlock ₹3.5 L/yr - ₹7 L/yr

Last Updated: 2 Mar 2025

Companies similar to HDFC Life for Bancassurance Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Bancassurance Manager Salary 0 - 10 years exp. (29 salaries)	Unlock ₹2.7 L/yr - ₹5.5 L/yr 32% less
SBI Life Insurance Company Bancassurance Manager Salary 0 - 9 years exp. (12 salaries)	Unlock ₹2.8 L/yr - ₹5.5 L/yr 16% less
Login to view exact salary
Max Life Insurance Bancassurance Manager Salary 2 - 10 years exp. (28 salaries)	Unlock ₹2.7 L/yr - ₹7 L/yr 23% less
Bajaj Allianz Life Insurance Bancassurance Manager Salary 2 - 9 years exp. (11 salaries)	Unlock ₹2.7 L/yr - ₹3.8 L/yr 35% less
Kotak Mahindara Life Insurance Bancassurance Manager Salary 1 - 8 years exp. (16 salaries)	Unlock ₹3.8 L/yr - ₹5.5 L/yr 26% less	7 job openings
Tata AIA Life Insurance Bancassurance Manager Salary 3 - 10 years exp. (124 salaries)	Unlock ₹2.5 L/yr - ₹7.3 L/yr 2% less
PNB MetLife Bancassurance Manager Salary 1 - 7 years exp. (15 salaries)	Unlock ₹2.3 L/yr - ₹5 L/yr 33% less
HDFC Ergo General Insurance Bancassurance Manager Salary 8 - 15 years exp. (10 salaries)	Unlock ₹6 L/yr - ₹9.5 L/yr 31% more
ICICI Lombard General Insurance Company Bancassurance Manager Salary 2 - 11 years exp. (7 salaries)	Unlock ₹4.2 L/yr - ₹6.3 L/yr 13% less
Aditya Birla Sun Life Insurance Bancassurance Manager Salary 0 - 9 years exp. (9 salaries)	Unlock ₹2.5 L/yr - ₹5 L/yr 24% less
Star Health & Allied Insurance Bancassurance Manager Salary 0 - 6 years exp. (4 salaries)	Unlock ₹3 L/yr - ₹3.5 L/yr 44% less
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Kotak Mahindra General Insurance Bancassurance Manager Salary 6 - 7 years exp. (5 salaries)	Unlock ₹3 L/yr - ₹8.5 L/yr 9% less

Bancassurance Manager salary at HDFC Life ranges between ₹3 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 1.2k latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Bancassurance Manager

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5 years exp.

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6 years exp.

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5 years exp.

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8 years exp.

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6 years exp.

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7 years exp.

Experience wise HDFC Life Bancassurance Manager salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
Fresher (15 salaries)	Unlock ₹4.8 L/yr - ₹6 L/yr
1 year (22 salaries)	Unlock ₹4.2 L/yr - ₹6 L/yr
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2 years (51 salaries)	Unlock ₹3.5 L/yr - ₹6.5 L/yr
3 years (99 salaries)	Unlock ₹3.3 L/yr - ₹6.8 L/yr
4 years (190 salaries)	Unlock ₹3 L/yr - ₹7 L/yr
5 years (249 salaries)	Unlock ₹3.6 L/yr - ₹7 L/yr
6 years (214 salaries)	Unlock ₹3.5 L/yr - ₹7 L/yr
7 years (131 salaries)	Unlock ₹3.2 L/yr - ₹7 L/yr
8 years (104 salaries)	Unlock ₹4.1 L/yr - ₹7 L/yr
9 years (61 salaries)	Unlock ₹4.5 L/yr - ₹7 L/yr
10 years (58 salaries)	Unlock ₹4.5 L/yr - ₹6.5 L/yr
11 years (18 salaries)	Unlock ₹4.5 L/yr - ₹6.5 L/yr
12 years (4 salaries)	Unlock ₹5 L/yr - ₹6.5 L/yr

View all

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₹4.2 L/yr - ₹5.8 L/yr

Financial Sales Manager Salary

(AmbitionBox Estimate)

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₹3.9 L/yr - ₹4.9 L/yr

Cluster Manager Salary

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₹3.4 L/yr - ₹10.1 L/yr

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₹1.7 L/yr - ₹5 L/yr

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₹3.5 L/yr - ₹12.15 L/yr

Assistant Sales Manager Salary

(412 salaries)

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₹2.5 L/yr - ₹6 L/yr

Top skills at HDFC Life for Bancassurance Manager

Life Insurance Insurance Sales banca sales Sales Relationship Management Bfsi Sales Life Insurance banca Insurance Bancassurance Bancassurance Cross Selling Communication Skills Insurance Sales Banking Sales

Salary related reviews for HDFC Life

4.1

Rated by 271 employees for salary & benefits

Bancassurance Manager in Noida

Branch Banking Department

5.0

• posted on 02 May 2022

3.0

for Salary and Benefits

Likes

It's feel great working with a brand company like hdfc life. Yes they don't offer high salary as compared to its competitors company but this company has a very transparent growth opportunities.

Skill development - Excellent

+5 more

Dislikes

Company do not provide travel conveyance and bill reimbursement till fls level

Bancassurance Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

4.0

• posted on 05 Jun 2020

4.0

for Salary and Benefits

Likes

It's an immense pleasure to work here . Handhold support we received from our organization not even single rupee deduction from salary entire salary and incentives paid throughout the lockdown

Salary - Good

+6 more

Dislikes

Lack of co ordination between others channels

Senior Corporate Agency Manager in Tirunelveli

Full Time

Sales & Business Development Department

4.0

• posted on 28 Feb 2025

3.0

for Salary and Benefits

Likes

In HDFC Life There is time to work life balance. There is no more such pressure about Targets (Depends upon L1 Manager). The brand value is easy to convert among competitors.

Job security - Excellent

+3 more

Dislikes

Salary is very low which is mentioned in payslip. Even HR also didn't know about employees salary. HR department is very week and they didn't care about employees. Very worst department in HDFC LIFE.

Business Development Manager in Bijnor

Full Time

Marketing & Communication Department

5.0

• posted on 10 Feb 2025

1.0

for Salary and Benefits

Likes

Hello team m Rishabh Rastogi from HDFC LIFE Bijnor Branch, there is a lot of pressure here for work and HDFC Life is a very good brand but there are no facilities for the employees in the office.

Work-life balance - Excellent

Dislikes

Here the calculation is less Here the salary is very high as compared to low and the facilities are also very less, the promotions target is very high and there are many parameters.

Salary - Bad

+4 more

Senior Corporate Agency Manager in Bareilly

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Feb 2025

4.0

for Salary and Benefits

Likes

Salary credited process is very good Working culture is Average good

Salary - Good

+1 more

Dislikes

HR is very irresponsible or no one Hr's not responding any reply by call or emails, they ignoring all employees calls, messages and emails...

Job security - Poor

+1 more

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Help me with in hand salary

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HDFC Life Bancassurance Manager Salary FAQs

What is the salary of Bancassurance Manager at HDFC Life?

Bancassurance Manager salary at HDFC Life in India ranges between ₹3.0 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 3% more than the average Bancassurance Manager Salary in India. Salary estimates are based on 1.2k latest salaries received from various employees of HDFC Life India.

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

The average salary of a Bancassurance Manager at HDFC Life is 3% more than the average salary of a Bancassurance Manager in India. To know exact salary insights, login to view.

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

Life Insurance, Insurance Sales, banca sales, Sales and Relationship Management are some of the popular skills required to work as a Bancassurance Manager at HDFC Life India.

Which similar companies are paying more than HDFC Life to a Bancassurance Manager in India?

HDFC Ergo General Insurance Bancassurance Manager Salary - ₹6.0 Lakhs to ₹9.5 Lakhs per year

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

Tata AIA Life Insurance Bancassurance Manager Salary - ₹2.5 Lakhs to ₹7.3 Lakhs per year
Kotak Mahindra General Insurance Bancassurance Manager Salary - ₹3.0 Lakhs to ₹8.5 Lakhs per year
ICICI Lombard General Insurance Company Bancassurance Manager Salary - ₹4.2 Lakhs to ₹6.3 Lakhs per year
SBI Life Insurance Company Bancassurance Manager Salary - ₹2.8 Lakhs to ₹5.5 Lakhs per year
Max Life Insurance Bancassurance Manager Salary - ₹2.7 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Bancassurance Manager at HDFC Life ranges between ₹42,786 per month to ₹43,910 per month in India. The take-home salary calculation is based on the average HDFC Life Bancassurance Manager salary in India which ranges between ₹3.0 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 76% of the HDFC Life Bancassurance Managers reported a notice period of 1 Month, 11% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 1.5k responses on AmbitionBox in last 2 years.

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HDFC Life Bancassurance Manager Salaries by Location

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HDFC Life Bancassurance Manager Salaries

HDFC Life Bancassurance Manager salary in India ranges between ₹3 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 1.2k HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Bancassurance Manager salaries in India (Updated 2025)

Companies similar to HDFC Life for Bancassurance Manager

Latest annual salaries shared by HDFC Life Bancassurance Manager

Experience wise HDFC Life Bancassurance Manager salaries

Similar Designation salaries in HDFC Life

Top skills at HDFC Life for Bancassurance Manager

Salary related reviews for HDFC Life

Bancassurance Manager in Noida

Bancassurance Manager in Hyderabad / Secunderabad

Senior Corporate Agency Manager in Tirunelveli

Business Development Manager in Bijnor

Senior Corporate Agency Manager in Bareilly

HDFC Life Bancassurance Manager Salary FAQs

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HDFC Life Bancassurance Manager Salaries by Location