HDFC Life Hyderabad / Secunderabad Bancassurance Manager Salaries by 100+ Employees (Updated 2025)

0 - 12 years exp.

₹4 Lakhs - ₹6.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

Bancassurance Manager Salary at HDFC Life ranges between ₹4 Lakhs to ₹6.9 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 115 latest salaries... Read more

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

Interested in this particular role? 2 job openings

What are the roles & responsibilities of a Bancassurance Manager at HDFC Life?

Sales Management

Drive sales targets for banking and financial products
Meet daily/weekly/monthly sales objectives
Identify opportunities for growth in the bancassurance channel
Develop and execute strategies for cross-selling

Relationship Management

Manage and nurture relationships with bank partners
Provide tailored financial solutions to clients
Handle customer queries and complaints professionally
Build long-term relationships with customers

Team Leadership

Lead and mentor channel partner teams
Ensure compliance with company policies and regulations
Conduct training sessions for bank staff
Support channel sales teams in achieving targets

Customer Engagement

Conduct regular check-ins with clients to monitor their financial health
Provide end-to-end customer service and support
Assist with claims settlement and post-sales support
Utilize technology for sales management and customer engagement

Read full roles & responsibilities

Last Updated: 6 Jul 2025

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

HDFC Life Bancassurance Manager Salary

0 - 12 years exp. (115 salaries)

₹4 L/yr - ₹6.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Bancassurance Manager Salary 3 - 11 years exp. (7 salaries)	₹4.5 L/yr - ₹6.6 L/yr 3% less
Login to view exact salary
HDFC Bank Bancassurance Manager Salary 5 - 6 years exp. (3 salaries)	₹3.3 L/yr - ₹8.2 L/yr 5% less

Latest annual salaries shared by HDFC Life Bancassurance Manager in Hyderabad / Secunderabad

1w ago

₹5.5 Lakhs

8 years exp.

1w ago

₹6 Lakhs

1 year exp.

1w ago

₹5.7 Lakhs

9 years exp.

2w ago

₹6.5 Lakhs

5 years exp.

2w ago

₹5.5 Lakhs

6 years exp.

2w ago

4 years exp.

3w ago

6 years exp.

3w ago

2 years exp.

3w ago

8 years exp.

3w ago

7 years exp.

HDFC Life Bancassurance Manager salaries by

Years of experience	Avg. annual salary
Fresher (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
Login to view exact salary
2 years (3 salaries)	₹5.5 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
4 years (16 salaries)	₹4.3 L/yr - ₹6.2 L/yr
5 years (26 salaries)	₹4 L/yr - ₹6.5 L/yr
6 years (22 salaries)	₹4.6 L/yr - ₹6.5 L/yr
7 years (12 salaries)	₹4.9 L/yr - ₹6.9 L/yr
8 years (16 salaries)	₹5.4 L/yr - ₹6.7 L/yr
9 years (8 salaries)	₹5 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
12 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr

View all salaries by experience

Similar Designation Salaries at HDFC Life

Similar Designation	Avg. annual salary
Sales Manager Salary (85 salaries)	₹2 L/yr - ₹7 L/yr
Relationship Manager Salary (63 salaries)	₹1.8 L/yr - ₹6 L/yr
Login to view exact salary
Assistant Sales Manager Salary (49 salaries)	₹2.5 L/yr - ₹5.5 L/yr
Cluster Manager Salary (12 salaries)	₹6.5 L/yr - ₹13 L/yr

What people are saying about HDFC Life

View All

an agency partner

What Growth I can expect from AABP to next 5 years? and if i resign from this job and Join Core Banking what happened?. Am i doing mistake

Got a question about HDFC Life?

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Salary related reviews for HDFC Life

4.5

Rated by 15 employees for salary & benefits

Bancassurance Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

4.0

• updated 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

Bancassurance Manager in Noida

Branch Banking Department

5.0

• updated 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

Corporate Agency Manager in New Delhi

Full Time

Healthcare & Life Sciences Department

3.0

• updated on 21 Apr 2025

3.0

for Salary and Benefits

Likes

You can get the good salary here but they will ask business 3x from your salary

Skill development - Good

Dislikes

There is nothing specific to dislike bcoz everything is dislikable here apart from salary they'll pay you and rest they'll not let you live

Job security - Poor

+3 more

Sales Manager in Cuttack

Full Time

CSR & Social Service Department

4.0

• updated on 23 Mar 2025

2.0

for Salary and Benefits

Likes

The company has lots of data, They r learning you in first stage and after that they r find a way to indicate you wrongly.

Job security - Good

Dislikes

Less salary, no support from trainer, biggest layers, no leaves, no support from L1 and above, no motivation only needed business, so if u r afresher think twice before joining.

Salary - Poor

Corporate Agency Manager in Karnal

Full Time

BFSI, Investments & Trading Department

4.0

• updated on 13 Mar 2025

3.0

for Salary and Benefits

Likes

Job security is the thing which i can say is good. Working culture is somewhat good.

Skill development - Good

+3 more

Dislikes

Salary hike is not so good like 4 to 5 percent annually only. There is no skill development options, you have to go in the morning and come back at the evening and this happens daily nothing new.

see more salary related reviews

HDFC Life Bancassurance Manager Salary FAQs

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

The average salary of a Bancassurance Manager at HDFC Life in Hyderabad / Secunderabad typically ranges from ₹4.0 Lakhs to ₹6.9 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Bancassurance Manager in Hyderabad / Secunderabad at HDFC Life earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.8 Lakhs per year. Bancassurance Manager Salaries at HDFC Life can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 100+ HDFC Life employees in India.

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 in Hyderabad / Secunderabad typically ranges from ₹42,838 to ₹43,960 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.9 Lakhs per year for employees with experience ranging from Fresher to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 100+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Bancassurance Manager at HDFC Life in Hyderabad / Secunderabad?

To be a Bancassurance Manager at HDFC Life in Hyderabad / Secunderabad, the key skills required include:

- Life Insurance
- Insurance Sales
- banca sales
- Bfsi Sales
- Sales

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.

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

The salary of a Bancassurance Manager at companies similar to HDFC Life in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance	₹4.5 Lakhs to ₹6.6 Lakhs per year
HDFC Bank	₹3.3 Lakhs to ₹8.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Bancassurance Manager at HDFC Life in Hyderabad / Secunderabad?

The salary growth for a Bancassurance Manager at HDFC Life in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Bancassurance Manager in Hyderabad / Secunderabad can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
Fresher	₹5.0 Lakhs to ₹6.4 Lakhs per year
1 year	₹5.0 Lakhs to ₹6.4 Lakhs per year
2 years	₹5.5 Lakhs to ₹6.0 Lakhs per year
3 years	₹5.1 Lakhs to ₹6.5 Lakhs per year

and so on.

Top skills at HDFC Life for Bancassurance Manager

Customer Service Sales Relationship Management Problem Solving Leadership

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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 ₹6.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 115 HDFC Life latest salaries received from various employees of HDFC Life.