HDFC Life Mumbai Bancassurance Sales Manager Salaries by 4 Employees (Updated 2025)

4 - 6 years exp.

₹3.3 Lakhs - ₹6 Lakhs

Salary of majority employees

5% less than the average Bancassurance Sales Manager Salary in Insurance Companies for 4 - 6 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Bancassurance Sales Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹6 L/yr
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Sales & Business Development Bancassurance Sales Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹6.1 L/yr

Last Updated: 11 Jan 2025

Bancassurance Sales Manager salary at HDFC Life ranges between ₹3.3 Lakhs to ₹6 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Bancassurance Sales Manager salaries in Mumbai

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.5 L/yr
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6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹6 L/yr

Similar Designation salaries in HDFC Life

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₹2 L/yr - ₹5.08 L/yr

Bancassurance Manager Salary

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₹3.3 L/yr - ₹7 L/yr

Sales Manager Salary

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₹2.2 L/yr - ₹7.5 L/yr

Assistant Sales Manager Salary

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₹3.2 L/yr - ₹6 L/yr

Cluster Manager Salary

(26 salaries)

₹6 L/yr - ₹11.46 L/yr

Top skills at HDFC Life for Bancassurance Sales Manager

Field Sales banca sales Financial Services Sales General Insurance Sales Bfsi Sales Credit Card Sales Life Insurance Banking Sales Salesforce Bancassurance Telesales FMCG Sales Insurance Sales Life Insurance Direct Sales

Salary related reviews for HDFC Life

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

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 *

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.

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,

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

Skill development - Poor

+5 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 Sales Manager Salary FAQs

What is the salary of Bancassurance Sales Manager at HDFC Life Mumbai?

Bancassurance Sales Manager salary at HDFC Life in Mumbai ranges between ₹3.3 Lakhs to ₹6.0 Lakhs for experience between 4 years to 6 years. According to our estimates it is 5% less than the average Bancassurance Sales Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life Mumbai.

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

The average salary of a Bancassurance Sales Manager at HDFC Life is 5% less than the average salary of a Bancassurance Sales Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Bancassurance Sales Manager at HDFC Life?

Field Sales, banca sales, Financial Services Sales, General Insurance Sales and Bfsi Sales are some of the popular skills required to work as a Bancassurance Sales Manager at HDFC Life Mumbai.

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

The estimated take-home salary of a Bancassurance Sales Manager at HDFC Life ranges between ₹30,591 per month to ₹31,897 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Bancassurance Sales Manager salary in India which ranges between ₹3.3 Lakhs to ₹6.0 Lakhs per year for employees with experience between 4 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Bancassurance Sales Manager at HDFC Life in Mumbai?

According to AmbitionBox, 100% of the HDFC Life Bancassurance Sales Managers in Mumbai reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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HDFC Life Bancassurance Sales Manager Salaries in Mumbai

HDFC Life Bancassurance Sales Manager salary in Mumbai ranges between ₹3.3 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.