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HDFC Life Bancassurance Officer salaries in India (Updated 2025)

Annual salary range
0 - 5 years exp.
₹1.5 Lakh - ₹4.5 Lakhs
Salary of majority employees
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At par with the average Bancassurance Officer Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Bancassurance Officer Salary
0 - 5 years exp. (17 salaries)
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₹1.5 L/yr - ₹3.4 L/yr

Customer Success, Service & Operations
Bancassurance Officer Salary
0 - 4 years exp. (9 salaries)
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₹1.8 L/yr - ₹4 L/yr

Sales & Business Development
Bancassurance Officer Salary
0 - 2 years exp. (9 salaries)
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₹1.8 L/yr - ₹3.8 L/yr

Finance & Accounting
Bancassurance Officer Salary
1 - 2 years exp. (3 salaries)
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₹2.6 L/yr - ₹4 L/yr

Last Updated: 11 Feb 2025

Companies similar to HDFC Life for Bancassurance Officer

Company name Avg Annual Salary Open Jobs
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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 2% less
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₹2.6 L/yr - ₹4 L/yr

arrow icon 18% more
Logo
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₹2.1 L/yr - ₹4 L/yr

arrow icon 5% less
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₹2.7 L/yr - ₹4.5 L/yr

arrow icon 27% more
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₹2.3 L/yr - ₹3.3 L/yr

arrow icon 4% less
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₹2.1 L/yr - ₹3.5 L/yr

arrow icon 4% less
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₹2.3 L/yr - ₹4 L/yr

arrow icon 10% more
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₹2.6 L/yr - ₹4.3 L/yr

arrow icon 16% more
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₹3 L/yr - ₹3.6 L/yr

arrow icon 15% more
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PNB MetLife Bancassurance Officer Salary

2 - 5 years exp. (5 salaries)

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₹3 L/yr - ₹3.8 L/yr

arrow icon 8% more
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₹1.8 L/yr - ₹2.3 L/yr

arrow icon 30% less

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Bancassurance Officer salary at HDFC Life ranges between ₹1.5 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 67 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Bancassurance Officer

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Experience wise HDFC Life Bancassurance Officer salaries

Last Updated: 11 Feb 2025

Experience Avg Annual Salary
Fresher  (18 salaries)

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₹1.5 L/yr - ₹3 L/yr
1 year  (17 salaries)

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₹1.6 L/yr - ₹3.8 L/yr
2 years  (15 salaries)

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₹1.8 L/yr - ₹4 L/yr
3 years  (5 salaries)

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₹1.8 L/yr - ₹3.8 L/yr
4 years  (5 salaries)

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₹2 L/yr - ₹4 L/yr
View all

Similar Designation salaries in HDFC Life

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₹3 L/yr - ₹7 L/yr
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₹2 L/yr - ₹4 L/yr
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₹4.2 L/yr - ₹5.8 L/yr
Executive Trainee Salary
(543 salaries)
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₹3 L/yr - ₹8 L/yr
Sales Manager Salary
(710 salaries)
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₹1.1 L/yr - ₹7.5 L/yr
Financial Sales Manager Salary
(AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr
Area Manager Salary
(26 salaries)
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₹3.2 L/yr - ₹12.6 L/yr
Cluster Manager Salary
(299 salaries)
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₹5 L/yr - ₹12.25 L/yr
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₹3.2 L/yr - ₹4.62 L/yr
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₹1.7 L/yr - ₹5 L/yr

Top skills at HDFC Life for Bancassurance Officer

Life Insurance Bancassurance Insurance Sales Sales Channel Sales Business Development Banking Lead Generation Cold Calling Branch Banking Inside Sales direct selling Agency Management Banking Sales Channel Partners

Salary related reviews for HDFC Life

3.5

Rated by 13 employees for salary & benefits

Sales & Business Development Department

1.0
  •  posted on 26 Feb 2022

1.0
 for  Salary and Benefits

Likes

Salary on time, your senior will help you how to forge customer signature , u will be able to cheat customer with the help of banker, u will be treated as servent of the bank so leave evry good quality at home

read more

Dislikes

No work life balance , No increments , to much approval required, KRA is more than ur salary , u will be able to steal business from bank , UPSELL the life insurance without knowledge of the bank. To much politics ,HR IS WEAK,on command of sales, no learning of any kind,

read more
  • Salary - Bad
  • +6 more

Bancainsurance Department

4.0
  •  posted on 14 Apr 2020

4.0
 for  Salary and Benefits

Likes

...stems is well and senior is very helpful and supportive and learning about more.and salary structure is good by company so exide life is good for growing future.

read more
  • Salary - Good
  • +1 more

Dislikes

Growing is very very slow for this company and trenar is not good salary part map is not good no trevel expence pay company and work life balance is not good by organization.

read more
  • Job security - Poor
  • +1 more

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...

read more
  • Job security - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 27 Jan 2025

1.0
 for  Salary and Benefits

Likes

There is nothing to like about this company

Dislikes

HDFC Life primarily exploits its employees by imposing excessive work pressure and making unnecessary salary deductions. They promise promotions twice a year, but these commitments are often ignored due to office politics. There is a notable lack of job security, and the company does not provide any training during the induction process. Employees are expected to perform tasks without proper guidance. The company culture is poor; it relies solely on its brand name while subjecting employees to undue stress. There is a lack of transparency regarding targets and achievements, leading to significant mental pressure. As a result, the work-life balance is severely affected, and most employees do not feel valued in this environment.

read more
  • Salary - Bad
  • +6 more

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

  • Salary - Good
  • +3 more

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

read more
  • Promotions - Bad
  • +2 more
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HDFC Life Bancassurance Officer Salary FAQs

What is the salary of Bancassurance Officer at HDFC Life?
Bancassurance Officer salary at HDFC Life in India ranges between ₹1.5 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 1% more than the average Bancassurance Officer Salary in India. Salary estimates are based on 67 latest salaries received from various employees of HDFC Life India.
How does the salary of a Bancassurance Officer at HDFC Life India compare with the average salary range for this job?
The average salary of a Bancassurance Officer at HDFC Life is 1% more than the average salary of a Bancassurance Officer in India. To know exact salary insights, login to view.
What are the top skills required to work as a Bancassurance Officer at HDFC Life?
Life Insurance, Bancassurance, Insurance Sales, Sales and Channel Sales are some of the popular skills required to work as a Bancassurance Officer at HDFC Life India.
Which similar companies are paying more than HDFC Life to a Bancassurance Officer in India?
  • Kotak Mahindara Life Insurance Bancassurance Officer Salary - ₹2.7 Lakhs to ₹4.5 Lakhs per year
  • SBI Life Insurance Company Bancassurance Officer Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year
  • HDFC Ergo General Insurance Bancassurance Officer Salary - ₹2.6 Lakhs to ₹4.3 Lakhs per year
  • ICICI Lombard General Insurance Company Bancassurance Officer Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year
  • Aditya Birla Sun Life Insurance Bancassurance Officer Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
What is the salary of a Bancassurance Officer in companies similar to HDFC Life in India?
  • PNB MetLife Bancassurance Officer Salary - ₹3.0 Lakhs to ₹3.8 Lakhs per year
  • ICICI Prudential Life Insurance Bancassurance Officer Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
  • Bajaj Allianz Life Insurance Bancassurance Officer Salary - ₹2.3 Lakhs to ₹3.3 Lakhs per year
  • Tata AIA Life Insurance Bancassurance Officer Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year
  • Max Life Insurance Bancassurance Officer Salary - ₹2.1 Lakhs to ₹4.0 Lakhs per year
What is the estimated take home salary of a Bancassurance Officer at HDFC Life in India?
The estimated take-home salary of a Bancassurance Officer at HDFC Life ranges between ₹20,399 per month to ₹22,056 per month in India. The take-home salary calculation is based on the average HDFC Life Bancassurance Officer salary in India which ranges between ₹1.5 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?
What is the notice period for Bancassurance Officer at HDFC Life?
According to AmbitionBox, 49% of the HDFC Life Bancassurance Officers reported a notice period of 1 Month, 30% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 47 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Bancassurance Officer salary in India ranges between ₹1.5 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 67 HDFC Life latest salaries received from various employees of HDFC Life.