HDFC Life Chennai Bancassurance Manager Salaries by 90+ Employees (Updated 2025)

0 - 12 years exp.

₹3.2 Lakhs - ₹6.8 Lakhs

Salary of majority employees

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 2 - 11 years exp. (47 salaries)	₹3.2 L/yr - ₹6.5 L/yr
Sales & Business Development Bancassurance Manager Salary 4 - 12 years exp. (16 salaries)	₹4.4 L/yr - ₹6.8 L/yr
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Customer Success, Service & Operations Bancassurance Manager Salary 0 - 8 years exp. (9 salaries)	₹5.5 L/yr - ₹6.6 L/yr
Marketing & Communication Bancassurance Manager Salary 3 - 10 years exp. (8 salaries)	₹4 L/yr - ₹6.4 L/yr
Finance & Accounting Bancassurance Manager Salary 2 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹5.8 L/yr

Last Updated: 28 Feb 2025

Companies similar to HDFC Life for Bancassurance Manager in Chennai

HDFC Life Bancassurance Manager Salary

0 - 12 years exp. (92 salaries)

₹3.2 L/yr - ₹6.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Bancassurance Manager Salary 3 - 8 years exp. (9 salaries)	₹2.5 L/yr - ₹7.3 L/yr 5% less
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HDFC Bank Bancassurance Manager Salary 4 - 7 years exp. (4 salaries)	₹3.5 L/yr - ₹5.6 L/yr 13% less

Bancassurance Manager salary at HDFC Life ranges between ₹3.2 Lakhs to ₹6.8 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 92 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Bancassurance Manager salaries in Chennai

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.5 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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2 years (3 salaries)	₹3.5 L/yr - ₹6.2 L/yr
3 years (5 salaries)	₹3.6 L/yr - ₹6.1 L/yr
4 years (9 salaries)	₹4.5 L/yr - ₹6.3 L/yr
5 years (16 salaries)	₹4.9 L/yr - ₹6.5 L/yr
6 years (12 salaries)	₹4.8 L/yr - ₹6.6 L/yr
7 years (12 salaries)	₹3.2 L/yr - ₹6.8 L/yr
8 years (15 salaries)	₹4.3 L/yr - ₹6 L/yr
9 years (6 salaries)	₹4.5 L/yr - ₹6 L/yr
10 years (10 salaries)	₹5 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.5 L/yr
12 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in HDFC Life

Sales Manager Salary

(65 salaries)

₹2.4 L/yr - ₹7 L/yr

Deputy Manager Salary

(40 salaries)

₹4.5 L/yr - ₹12 L/yr

Relationship Manager Salary

(30 salaries)

₹1.8 L/yr - ₹5 L/yr

Assistant Sales Manager Salary

(28 salaries)

₹3 L/yr - ₹5.5 L/yr

Cluster Manager Salary

(9 salaries)

₹6.75 L/yr - ₹11 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

4.7

Rated by 14 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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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 Manager Salary FAQs

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

Bancassurance Manager salary at HDFC Life in Chennai ranges between ₹3.2 Lakhs to ₹6.8 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 1% more than the average Bancassurance Manager Salary in India. Salary estimates are based on 92 latest salaries received from various employees of HDFC Life Chennai.

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

The average salary of a Bancassurance Manager at HDFC Life is 1% more than the average salary of a Bancassurance Manager in Chennai. 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 Chennai.

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

Tata AIA Life Insurance Bancassurance Manager Salary - ₹2.5 Lakhs to ₹7.3 Lakhs per year
HDFC Bank Bancassurance Manager Salary - ₹3.5 Lakhs to ₹5.6 Lakhs per year

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

The estimated take-home salary of a Bancassurance Manager at HDFC Life ranges between ₹42,794 per month to ₹43,917 per month in Chennai. The take-home salary calculation is based on the average HDFC Life Bancassurance Manager salary in India which ranges between ₹3.2 Lakhs to ₹6.8 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 in Chennai?

According to AmbitionBox, 75% of the HDFC Life Bancassurance Managers in Chennai reported a notice period of 1 Month, 9% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 80 responses on AmbitionBox in last 2 years.

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HDFC Life Bancassurance Manager Salaries in Chennai

HDFC Life Bancassurance Manager salary in Chennai ranges between ₹3.2 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 92 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Bancassurance Manager salaries in Chennai (Updated 2025)

Companies similar to HDFC Life for Bancassurance Manager in Chennai

Latest annual salaries shared by HDFC Life Bancassurance Manager in Chennai

Experience wise HDFC Life Bancassurance Manager salaries in Chennai

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

Tell us how to improve this page.