HDFC Life Bancassurance Relationship Manager Salaries by 9 Employees (Updated 2024)

3 - 10 years exp.

₹2.8 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

8% more than the average Bancassurance Relationship Manager Salary in Insurance Companies for 3 - 10 years of experience

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Last Updated: 7 Nov 2024

Companies similar to HDFC Life for Bancassurance Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Max Life Insurance Bancassurance Relationship Manager Salary 2 - 11 years exp. (4 salaries)	₹3.3 L/yr - ₹5.5 L/yr 4% more
Kotak Mahindara Life Insurance Bancassurance Relationship Manager Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr At par
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Bajaj Allianz Life Insurance Bancassurance Relationship Manager Salary 2 - 8 years exp. (14 salaries)	₹2.4 L/yr - ₹3.5 L/yr 20% less
Tata AIA Life Insurance Bancassurance Relationship Manager Salary 3 - 7 years exp. (9 salaries)	₹3.5 L/yr - ₹5.7 L/yr 17% more
PNB MetLife Bancassurance Relationship Manager Salary 3 - 7 years exp. (11 salaries)	₹3.2 L/yr - ₹4.3 L/yr 6% less
Care Health Insurance Bancassurance Relationship Manager Salary 0 - 3 years exp. (6 salaries)	₹2.3 L/yr - ₹3.5 L/yr 26% less
Star Health & Allied Insurance Bancassurance Relationship Manager Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹3.1 L/yr 18% less

Bancassurance Relationship Manager salary at HDFC Life ranges between ₹2.8 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 9 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Bancassurance Relationship Manager salaries

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹6.7 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹6.7 L/yr
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5 years (3 salaries)	₹2.9 L/yr - ₹5 L/yr
6 years (3 salaries)	₹1.5 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
9 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
10 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹5.1 L/yr

View all

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Salary related reviews for HDFC Life

3.9

Rated by 3 employees for salary & benefits

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.

Corporate Agency Manager in Bhubaneswar

Full Time

Sales & Business Development Department

4.0

• posted on 22 Jun 2024

1.0

for Salary and Benefits

Likes

Management are too friendly... All staff are too friendly and helping ...

Dislikes

Salary increment problem... promotion criteria too hard.. even new fresher staff Haring with high salary but old staff salary not increase,

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Oct 2023

3.0

for Salary and Benefits

Likes

Already they are top in insurance sector so people know about this company that's good part.

Dislikes

...se that's why they are doing insurance these are the facts they take advantage In small salary package thier expectation is more than crore For a freshers Or 2 years experience not good place to work You have to travel every single day like a horse (on your money) Many more people don't share because they sacred if they share they can't get job because these people leaves and they go to another company so it's like round like earth anyone can meet anywhere In 100 people only will success 2

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Life Bancassurance Relationship Manager Salary FAQs

What is the salary of Bancassurance Relationship Manager at HDFC Life?

Bancassurance Relationship Manager salary at HDFC Life in India ranges between ₹2.8 Lakhs to ₹5.5 Lakhs for experience between 3 years to 10 years. According to our estimates it is 8% more than the average Bancassurance Relationship Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of HDFC Life India.

How does the salary of a Bancassurance Relationship Manager at HDFC Life India compare with the average salary range for this job?

The average salary of a Bancassurance Relationship Manager at HDFC Life is 8% more than the average salary of a Bancassurance Relationship Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Bancassurance Relationship Manager in India?

Tata AIA Life Insurance Bancassurance Relationship Manager Salary - ₹3.5 Lakhs to ₹5.7 Lakhs per year
Max Life Insurance Bancassurance Relationship Manager Salary - ₹3.3 Lakhs to ₹5.5 Lakhs per year

What is the salary of a Bancassurance Relationship Manager in companies similar to HDFC Life in India?

Kotak Mahindara Life Insurance Bancassurance Relationship Manager Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
PNB MetLife Bancassurance Relationship Manager Salary - ₹3.2 Lakhs to ₹4.3 Lakhs per year
Star Health & Allied Insurance Bancassurance Relationship Manager Salary - ₹3.0 Lakhs to ₹3.1 Lakhs per year
Bajaj Allianz Life Insurance Bancassurance Relationship Manager Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year
Care Health Insurance Bancassurance Relationship Manager Salary - ₹2.3 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Bancassurance Relationship Manager at HDFC Life ranges between ₹27,670 per month to ₹29,069 per month in India. The take-home salary calculation is based on the average HDFC Life Bancassurance Relationship Manager salary in India which ranges between ₹2.8 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Bancassurance Relationship Manager at HDFC Life?

According to AmbitionBox, 75% of the HDFC Life Bancassurance Relationship Managers reported a notice period of 1 Month, 17% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

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HDFC Life Bancassurance Relationship Manager Salaries

HDFC Life Bancassurance Relationship Manager salary in India ranges between ₹2.8 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 HDFC Life latest salaries received from various employees of HDFC Life.