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HDFC Life

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4.0

based on 9.1k Reviews

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HDFC Life Bancassurance Sales Manager salaries in India (Updated 2025)

Annual salary range
2 - 8 years exp.
₹2 Lakhs - ₹7.8 Lakhs
Salary of majority employees
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14% more than the average Bancassurance Sales Manager Salary in Insurance Companies for 2 - 8 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Bancassurance Sales Manager Salary
2 - 8 years exp. (14 salaries)
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₹2 L/yr - ₹7.8 L/yr

BFSI, Investments & Trading
Bancassurance Sales Manager Salary
4 - 8 years exp. (13 salaries)
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₹3 L/yr - ₹6 L/yr

Finance & Accounting
Bancassurance Sales Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹5.3 L/yr

Last Updated: 10 Mar 2025

Companies similar to HDFC Life for Bancassurance Sales Manager

Company name Avg Annual Salary Open Jobs
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ICICI Prudential Life Insurance Bancassurance Sales Manager Salary

3 - 5 years exp. (7 salaries)
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₹2.8 L/yr - ₹4.4 L/yr

arrow icon 29% less
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Max Life Insurance Bancassurance Sales Manager Salary

2 - 6 years exp. (9 salaries)
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₹3.1 L/yr - ₹6 L/yr

arrow icon 6% less
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Kotak Mahindara Life Insurance Bancassurance Sales Manager Salary

2 - 8 years exp. (10 salaries)
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₹3.3 L/yr - ₹4.9 L/yr

arrow icon 13% less
 14 job openings
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Reliance Nippon Life Insurance Bancassurance Sales Manager Salary

0 - 1 year exp. (5 salaries)
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₹2 L/yr - ₹2.5 L/yr

arrow icon 49% less
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Tata AIA Life Insurance Bancassurance Sales Manager Salary

0 - 8 years exp. (7 salaries)
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₹3.3 L/yr - ₹6.5 L/yr

arrow icon 7% more
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PNB MetLife Bancassurance Sales Manager Salary

1 - 3 years exp. (4 salaries)
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₹2.2 L/yr - ₹3.4 L/yr

arrow icon 34% less
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ICICI Lombard General Insurance Company Bancassurance Sales Manager Salary

4 - 11 years exp. (5 salaries)
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₹4.7 L/yr - ₹6.3 L/yr

arrow icon 31% more
Bancassurance Sales Manager salary at HDFC Life ranges between ₹2 Lakhs to ₹7.8 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 34 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Bancassurance Sales Manager

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Experience wise HDFC Life Bancassurance Sales Manager salaries

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹6 L/yr
3 years  (4 salaries)

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₹2 L/yr - ₹5.2 L/yr
4 years  (7 salaries)

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₹3 L/yr - ₹5.8 L/yr
5 years  (9 salaries)

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₹3 L/yr - ₹6.1 L/yr
6 years  (9 salaries)

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₹4.2 L/yr - ₹6.5 L/yr
View all

Similar Designation salaries in HDFC Life

Bancassurance Manager Salary
(1.2k salaries)
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₹3 L/yr - ₹7 L/yr
Assistant Sales Manager Salary
(414 salaries)
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₹2.5 L/yr - ₹5.6 L/yr
Financial Sales Manager Salary
(AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr
Associate Sales Manager Salary
(12 salaries)
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₹3.2 L/yr - ₹4.62 L/yr
Business Sales Manager Salary
(3 salaries)
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₹4.2 L/yr - ₹5.8 L/yr
Sales Manager Salary
(702 salaries)
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₹1.55 L/yr - ₹7.5 L/yr
Area Manager Salary
(37 salaries)
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₹3.76 L/yr - ₹15.4 L/yr
Business Development Manager Salary
(1.4k salaries)
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₹1.5 L/yr - ₹5 L/yr
Corporate Agency Manager Salary
(1.9k salaries)
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₹1.8 L/yr - ₹5.2 L/yr
Cluster Manager Salary
(295 salaries)
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₹5 L/yr - ₹12 L/yr

Top skills at HDFC Life for Bancassurance Sales Manager

General Insurance Sales Bfsi Sales Life Insurance Insurance Broking Field Sales banca sales Financial Services Sales Credit Card Sales Life Insurance Banking Sales Salesforce Bancassurance Telesales FMCG Sales Insurance Sales
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Salary related reviews for HDFC Life

3.3

Rated by 7 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

  • 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

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 *

read more
  • Salary - Poor
    • +6 more

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.

read more
  • Work satisfaction - Bad
    • +2 more

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 ...

  • Job security - Excellent
    • +2 more

Dislikes

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

read more
  • Salary - Bad
    • +1 more

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

read more
  • Skill development - Poor
    • +5 more
see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
an associate vice president
Offer Accepted
I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more
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HDFC Life Bancassurance Sales Manager Salary FAQs

What is the salary of Bancassurance Sales Manager at HDFC Life?
Bancassurance Sales Manager salary at HDFC Life in India ranges between ₹2.0 Lakhs to ₹7.8 Lakhs for experience between 2 years to 8 years. According to our estimates it is 14% more than the average Bancassurance Sales Manager Salary in India. Salary estimates are based on 34 latest salaries received from various employees of HDFC Life India.
How does the salary of a Bancassurance Sales Manager at HDFC Life India compare with the average salary range for this job?
The average salary of a Bancassurance Sales Manager at HDFC Life is 14% more than the average salary of a Bancassurance Sales Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Bancassurance Sales Manager at HDFC Life?
General Insurance Sales, Bfsi Sales, Life Insurance, Insurance Broking and Field Sales are some of the popular skills required to work as a Bancassurance Sales Manager at HDFC Life India.
Which similar companies are paying more than HDFC Life to a Bancassurance Sales Manager in India?
  • ICICI Lombard General Insurance Company Bancassurance Sales Manager Salary - ₹4.7 Lakhs to ₹6.3 Lakhs per year
  • Tata AIA Life Insurance Bancassurance Sales Manager Salary - ₹3.3 Lakhs to ₹6.5 Lakhs per year
What is the salary of a Bancassurance Sales Manager in companies similar to HDFC Life in India?
  • Max Life Insurance Bancassurance Sales Manager Salary - ₹3.1 Lakhs to ₹6.0 Lakhs per year
  • Kotak Mahindara Life Insurance Bancassurance Sales Manager Salary - ₹3.3 Lakhs to ₹4.9 Lakhs per year
  • ICICI Prudential Life Insurance Bancassurance Sales Manager Salary - ₹2.8 Lakhs to ₹4.4 Lakhs per year
  • PNB MetLife Bancassurance Sales Manager Salary - ₹2.2 Lakhs to ₹3.4 Lakhs per year
  • Reliance Nippon Life Insurance Bancassurance Sales Manager Salary - ₹2.0 Lakhs to ₹2.5 Lakhs per year
What is the estimated take home salary of a Bancassurance Sales Manager at HDFC Life in India?
The estimated take-home salary of a Bancassurance Sales Manager at HDFC Life ranges between ₹31,848 per month to ₹33,135 per month in India. The take-home salary calculation is based on the average HDFC Life Bancassurance Sales Manager salary in India which ranges between ₹2.0 Lakhs to ₹7.8 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Bancassurance Sales Manager at HDFC Life?
According to AmbitionBox, 80% of the HDFC Life Bancassurance Sales Managers reported a notice period of 1 Month, 10% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 30 responses on AmbitionBox in last 2 years.

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HDFC Life Bancassurance Sales Manager Salaries by Location

HDFC Life Bancassurance Sales Manager salary in India ranges between ₹2 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 34 HDFC Life latest salaries received from various employees of HDFC Life.