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

Annual salary range
0 - 8 years exp.
₹1.7 Lakh - ₹3.9 Lakhs
Salary of majority employees
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5% more than the average Sales Development Bancassurance Manager Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

Sales & Business Development
Sales Development Bancassurance Manager Salary
0 - 8 years exp. (39 salaries)
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₹2.2 L/yr - ₹3.9 L/yr

BFSI, Investments & Trading
Sales Development Bancassurance Manager Salary
0 - 6 years exp. (27 salaries)
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₹2.2 L/yr - ₹3.8 L/yr

Finance & Accounting
Sales Development Bancassurance Manager Salary
0 - 4 years exp. (10 salaries)
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₹1.7 L/yr - ₹3.5 L/yr

Customer Success, Service & Operations
Sales Development Bancassurance Manager Salary
0 - 6 years exp. (5 salaries)
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₹2.5 L/yr - ₹3.5 L/yr

Marketing & Communication
Sales Development Bancassurance Manager Salary
0 - 2 years exp. (5 salaries)
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₹2.1 L/yr - ₹3.5 L/yr

Last Updated: 10 Mar 2025

Companies similar to HDFC Life for Sales Development Bancassurance Manager

Company name Avg Annual Salary Open Jobs
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₹2.8 L/yr - ₹3.3 L/yr

arrow icon 8% less
Sales Development Bancassurance Manager salary at HDFC Life ranges between ₹1.7 Lakh to ₹3.9 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 115 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Sales Development Bancassurance Manager

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Experience wise HDFC Life Sales Development Bancassurance Manager salaries

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
Fresher  (12 salaries)

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₹2.2 L/yr - ₹3.5 L/yr
1 year  (30 salaries)

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₹1.7 L/yr - ₹3.5 L/yr
2 years  (22 salaries)

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₹2.1 L/yr - ₹3.6 L/yr
3 years  (20 salaries)

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₹2.2 L/yr - ₹3.8 L/yr
4 years  (16 salaries)

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₹2.5 L/yr - ₹3.9 L/yr
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Similar Designation salaries in HDFC Life

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₹3 L/yr - ₹7 L/yr
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₹1.5 L/yr - ₹5 L/yr
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₹5.5 L/yr - ₹6.2 L/yr
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₹2.5 L/yr - ₹5.6 L/yr
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₹2.85 L/yr - ₹6 L/yr
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₹2 L/yr - ₹5 L/yr
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₹3.4 L/yr - ₹10.1 L/yr
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₹3 L/yr - ₹5 L/yr
Financial Sales Manager Salary
(AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr
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₹3.2 L/yr - ₹4.62 L/yr

Top skills at HDFC Life for Sales Development Bancassurance Manager

banca sales Sales Executive Activities Life Insurance Bancassurance Insurance Sales Health Insurance Direct Sales Agency Sales Field Sales Insurance Advisory Agency Channel Insurance Broking
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Salary related reviews for HDFC Life

3.8

Rated by 67 employees for salary & benefits

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.

read more
  • 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.

read more

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.

read more
  • 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.

read more
  • Salary - Bad
  • +4 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
see more salary related reviews

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HDFC Life Sales Development Bancassurance Manager Salary FAQs

What is the salary of Sales Development Bancassurance Manager at HDFC Life?
Sales Development Bancassurance Manager salary at HDFC Life in India ranges between ₹1.7 Lakhs to ₹3.9 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 5% more than the average Sales Development Bancassurance Manager Salary in India. Salary estimates are based on 115 latest salaries received from various employees of HDFC Life India.
How does the salary of a Sales Development Bancassurance Manager at HDFC Life India compare with the average salary range for this job?
The average salary of a Sales Development Bancassurance Manager at HDFC Life is 5% more than the average salary of a Sales Development Bancassurance Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Sales Development Bancassurance Manager at HDFC Life?
banca sales, Sales Executive Activities, Life Insurance, Bancassurance and Insurance Sales are some of the popular skills required to work as a Sales Development Bancassurance Manager at HDFC Life India.
What is the salary of a Sales Development Bancassurance Manager in companies similar to HDFC Life in India?
  • HDFC Bank Sales Development Bancassurance Manager Salary - ₹2.8 Lakhs to ₹3.3 Lakhs per year
What is the estimated take home salary of a Sales Development Bancassurance Manager at HDFC Life in India?
The estimated take-home salary of a Sales Development Bancassurance Manager at HDFC Life ranges between ₹23,861 per month to ₹25,316 per month in India. The take-home salary calculation is based on the average HDFC Life Sales Development Bancassurance Manager salary in India which ranges between ₹1.7 Lakhs to ₹3.9 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for Sales Development Bancassurance Manager at HDFC Life?
According to AmbitionBox, 72% of the HDFC Life Sales Development Bancassurance Managers reported a notice period of 1 Month, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 405 responses on AmbitionBox in last 2 years.

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HDFC Life Sales Development Bancassurance Manager salary in India ranges between ₹1.7 Lakh to ₹3.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 115 HDFC Life latest salaries received from various employees of HDFC Life.

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