HDFC Life Hyderabad / Secunderabad Bancassurance Manager Salaries by 90+ Employees (Updated 2025)

0 - 11 years exp.

₹4 Lakhs - ₹6.7 Lakhs

Salary of majority employees

At par with the average Bancassurance Manager Salary in Insurance Companies for 0 - 11 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

BFSI, Investments & Trading Bancassurance Manager Salary 1 - 11 years exp. (48 salaries)	₹4 L/yr - ₹6.7 L/yr
Sales & Business Development Bancassurance Manager Salary 4 - 11 years exp. (21 salaries)	₹4.4 L/yr - ₹6 L/yr
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Customer Success, Service & Operations Bancassurance Manager Salary 0 - 8 years exp. (10 salaries)	₹4.3 L/yr - ₹5.7 L/yr
Finance & Accounting Bancassurance Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.8 L/yr
Marketing & Communication Bancassurance Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹5.8 L/yr

Last Updated: 17 Jan 2025

Companies similar to HDFC Life for Bancassurance Manager in Hyderabad / Secunderabad

HDFC Life Bancassurance Manager Salary

0 - 11 years exp. (98 salaries)

₹4 L/yr - ₹6.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Bancassurance Manager Salary 3 - 5 years exp. (6 salaries)	₹4.5 L/yr - ₹5.5 L/yr 5% less
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HDFC Bank Bancassurance Manager Salary 5 - 6 years exp. (4 salaries)	₹4.6 L/yr - ₹5.5 L/yr 10% less

Bancassurance Manager salary at HDFC Life ranges between ₹4 Lakhs to ₹6.7 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 98 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Bancassurance Manager salaries in Hyderabad / Secunderabad

Last Updated: 17 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.1 L/yr
1 year (AmbitionBox Estimate)	₹5.3 L/yr - ₹6 L/yr
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2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹10.3 L/yr
4 years (16 salaries)	₹4.3 L/yr - ₹6 L/yr
5 years (23 salaries)	₹4 L/yr - ₹6.3 L/yr
6 years (20 salaries)	₹4.5 L/yr - ₹6.5 L/yr
7 years (7 salaries)	₹4.9 L/yr - ₹6.7 L/yr
8 years (14 salaries)	₹5.4 L/yr - ₹6.7 L/yr
9 years (5 salaries)	₹5.3 L/yr - ₹6 L/yr
10 years (3 salaries)	₹5.3 L/yr - ₹5.9 L/yr
11 years (3 salaries)	₹5.4 L/yr - ₹6.3 L/yr

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Similar Designation salaries in HDFC Life

Sales Manager Salary

(81 salaries)

₹2 L/yr - ₹6.3 L/yr

Relationship Manager Salary

(63 salaries)

₹1.8 L/yr - ₹5 L/yr

Assistant Sales Manager Salary

(41 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Cluster Manager Salary

(14 salaries)

₹6.5 L/yr - ₹12 L/yr

Area Manager Salary

(3 salaries)

₹7.01 L/yr - ₹9.2 L/yr

Top skills at HDFC Life for Bancassurance Manager

Life Insurance Insurance Sales banca sales Sales Relationship Management banca Insurance Bancassurance Cross Selling Communication Skills Bfsi Sales Business Development Life Insurance Salesforce Insurance Sales

Salary related reviews for HDFC Life

4.3

Rated by 11 employees for salary & benefits

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

Dislikes

Lack of co ordination between others channels

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.

Dislikes

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

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

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

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 *

Business Development Manager in Vasai-Virar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 May 2024

3.0

for Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

see more salary related reviews

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Salary Discussions, Hike & Promotions

2w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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HDFC Life Bancassurance Manager Salary FAQs

What is the salary of Bancassurance Manager at HDFC Life Hyderabad / Secunderabad?

Bancassurance Manager salary at HDFC Life in Hyderabad / Secunderabad ranges between ₹4.0 Lakhs to ₹6.7 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 2% more than the average Bancassurance Manager Salary in India. Salary estimates are based on 98 latest salaries received from various employees of HDFC Life Hyderabad / Secunderabad.

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

The average salary of a Bancassurance Manager at HDFC Life is 2% more than the average salary of a Bancassurance Manager in Hyderabad / Secunderabad. 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 Hyderabad / Secunderabad.

What is the salary of a Bancassurance Manager in companies similar to HDFC Life in Hyderabad / Secunderabad?

Tata AIA Life Insurance Bancassurance Manager Salary - ₹4.5 Lakhs to ₹5.5 Lakhs per year
HDFC Bank Bancassurance Manager Salary - ₹4.6 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a Bancassurance Manager at HDFC Life ranges between ₹43,271 per month to ₹44,388 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average HDFC Life Bancassurance Manager salary in India which ranges between ₹4.0 Lakhs to ₹6.7 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

What is the notice period for Bancassurance Manager at HDFC Life in Hyderabad / Secunderabad?

According to AmbitionBox, 63% of the HDFC Life Bancassurance Managers in Hyderabad / Secunderabad reported a notice period of 1 Month, 19% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 79 responses on AmbitionBox in last 2 years.

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HDFC Life Bancassurance Manager Salaries in Hyderabad / Secunderabad

HDFC Life Bancassurance Manager salary in Hyderabad / Secunderabad ranges between ₹4 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 98 HDFC Life latest salaries received from various employees of HDFC Life.