HDFC Life New Delhi Bancassurance Manager Salaries by 200+ Employees (Updated 2025)

0 - 12 years exp.

₹3.5 Lakhs - ₹7 Lakhs

Salary of majority employees

Fixed (100%)

₹5.7 Lakhs

Variable (0%)

₹0.0

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. (113 salaries)	₹3.8 L/yr - ₹7 L/yr
Sales & Business Development Bancassurance Manager Salary 1 - 12 years exp. (69 salaries)	₹4.5 L/yr - ₹7 L/yr
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Customer Success, Service & Operations Bancassurance Manager Salary 3 - 8 years exp. (13 salaries)	₹4.5 L/yr - ₹6.3 L/yr
Finance & Accounting Bancassurance Manager Salary 2 - 10 years exp. (8 salaries)	₹5.5 L/yr - ₹6 L/yr
Marketing & Communication Bancassurance Manager Salary 3 - 8 years exp. (5 salaries)	₹4.4 L/yr - ₹5.7 L/yr

Last Updated: 28 Feb 2025

Companies similar to HDFC Life for Bancassurance Manager in New Delhi

HDFC Life Bancassurance Manager Salary

0 - 12 years exp. (231 salaries)

₹3.5 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Bancassurance Manager Salary 1 - 3 years exp. (4 salaries)	₹2.9 L/yr - ₹3.9 L/yr 38% less
Login to view exact salary
Tata AIA Life Insurance Bancassurance Manager Salary 3 - 10 years exp. (9 salaries)	₹4 L/yr - ₹7.3 L/yr 10% more

Bancassurance Manager salary at HDFC Life ranges between ₹3.5 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 231 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Bancassurance Manager salaries in New Delhi

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.3 L/yr - ₹10 L/yr
1 year (6 salaries)	₹4.3 L/yr - ₹6 L/yr
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2 years (13 salaries)	₹4 L/yr - ₹6.5 L/yr
3 years (23 salaries)	₹3.5 L/yr - ₹6.3 L/yr
4 years (36 salaries)	₹4.5 L/yr - ₹6.2 L/yr
5 years (47 salaries)	₹3.8 L/yr - ₹7 L/yr
6 years (44 salaries)	₹4.5 L/yr - ₹7 L/yr
7 years (22 salaries)	₹4.3 L/yr - ₹6.5 L/yr
8 years (12 salaries)	₹4.5 L/yr - ₹7 L/yr
9 years (12 salaries)	₹4.5 L/yr - ₹6.5 L/yr
10 years (8 salaries)	₹4.9 L/yr - ₹6.2 L/yr
11 years (5 salaries)	₹5.3 L/yr - ₹6.5 L/yr
12 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.8 L/yr

View all

Similar Designation salaries in HDFC Life

Sales Manager Salary

(106 salaries)

₹2 L/yr - ₹6.85 L/yr

Assistant Sales Manager Salary

(99 salaries)

₹2.5 L/yr - ₹6 L/yr

Deputy Manager Salary

(62 salaries)

₹4.75 L/yr - ₹12 L/yr

Relationship Manager Salary

(49 salaries)

₹2 L/yr - ₹4.5 L/yr

Cluster Manager Salary

(26 salaries)

₹6.2 L/yr - ₹12 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 24 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 New Delhi?

Bancassurance Manager salary at HDFC Life in New Delhi ranges between ₹3.5 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 2% more than the average Bancassurance Manager Salary in India. Salary estimates are based on 231 latest salaries received from various employees of HDFC Life New Delhi.

How does the salary of a Bancassurance Manager at HDFC Life New Delhi 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 New Delhi. 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 New Delhi.

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

Tata AIA Life Insurance Bancassurance Manager Salary - ₹4.0 Lakhs to ₹7.3 Lakhs per year

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

ICICI Prudential Life Insurance Bancassurance Manager Salary - ₹2.9 Lakhs to ₹3.9 Lakhs per year

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

The estimated take-home salary of a Bancassurance Manager at HDFC Life ranges between ₹42,794 per month to ₹43,918 per month in New Delhi. The take-home salary calculation is based on the average HDFC Life Bancassurance Manager salary in India which ranges between ₹3.5 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 in New Delhi?

According to AmbitionBox, 76% of the HDFC Life Bancassurance Managers in New Delhi reported a notice period of 1 Month, 12% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 152 responses on AmbitionBox in last 2 years.

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HDFC Life Bancassurance Manager Salaries in New Delhi

HDFC Life Bancassurance Manager salary in New Delhi ranges between ₹3.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 231 HDFC Life latest salaries received from various employees of HDFC Life.