HDFC Life Lucknow Bancassurance Manager Salaries by 30+ Employees (Updated 2025)

1 - 10 years exp.

₹3 Lakhs - ₹6.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Bancassurance Manager Salary in Insurance Companies for 1 - 10 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

BFSI, Investments & Trading Bancassurance Manager Salary 1 - 10 years exp. (14 salaries)	₹3.8 L/yr - ₹6.6 L/yr
Sales & Business Development Bancassurance Manager Salary 4 - 10 years exp. (11 salaries)	₹3 L/yr - ₹6.5 L/yr
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Customer Success, Service & Operations Bancassurance Manager Salary 3 - 7 years exp. (3 salaries)	₹5.2 L/yr - ₹5.5 L/yr

Last Updated: 16 Mar 2025

Bancassurance Manager salary at HDFC Life ranges between ₹3 Lakhs to ₹6.6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 34 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Bancassurance Manager in Lucknow

2w ago

₹6.6 Lakhs

6 years exp.

5mo ago

₹6 Lakhs

7 years exp.

6mo ago

₹5.3 Lakhs

10 years exp.

7mo ago

₹5.5 Lakhs

5 years exp.

8mo ago

₹5.5 Lakhs

7 years exp.

9mo ago

6 years exp.

9mo ago

8 years exp.

10mo ago

9 years exp.

11mo ago

7 years exp.

11mo ago

7 years exp.

Experience wise HDFC Life Bancassurance Manager salaries in Lucknow

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
2 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
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3 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
4 years (3 salaries)	₹3 L/yr - ₹10 L/yr
5 years (4 salaries)	₹4.5 L/yr - ₹10 L/yr
6 years (7 salaries)	₹4.5 L/yr - ₹6.6 L/yr
7 years (8 salaries)	₹3.8 L/yr - ₹6 L/yr
8 years (3 salaries)	₹5 L/yr - ₹6.5 L/yr
9 years (5 salaries)	₹4.5 L/yr - ₹9.9 L/yr
10 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr

View all

Similar Designation salaries in HDFC Life

Cluster Manager Salary

(18 salaries)

₹5.65 L/yr - ₹10.35 L/yr

Top skills at HDFC Life for Bancassurance Manager

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

Salary related reviews for HDFC Life

3.1

Rated by 8 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

Sales Manager in Cuttack

Full Time

CSR & Social Service Department

4.0

• posted 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

• posted 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.

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.

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Life Bancassurance Manager Salary FAQs

What is the salary of Bancassurance Manager at HDFC Life in Lucknow?

The average salary of a Bancassurance Manager at HDFC Life in Lucknow typically ranges from ₹3.0 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Bancassurance Manager in Lucknow at HDFC Life earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.6 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 30+ HDFC Life employees in India.

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

The estimated take-home salary of a Bancassurance Manager at HDFC Life in Lucknow typically ranges from ₹41,567 to ₹42,709 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 1 year to 10 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 30+ 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 Lucknow?

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

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

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

How the salary growth look like for a Bancassurance Manager at HDFC Life in Lucknow?

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

Experience	Average Salary Range
1 year	₹4.9 Lakhs to ₹6.3 Lakhs per year
2 years	₹4.9 Lakhs to ₹6.3 Lakhs per year
3 years	₹5.0 Lakhs to ₹6.3 Lakhs per year
4 years	₹3.0 Lakhs to ₹10.0 Lakhs per year

and so on.

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HDFC Life Bancassurance Manager Salaries in Lucknow

HDFC Life Bancassurance Manager salary in Lucknow ranges between ₹3 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 34 HDFC Life latest salaries received from various employees of HDFC Life.