HDFC Life Sales Development Bancassurance Manager Salaries by 100+ Employees (Updated 2025)

0 - 6 years exp.

₹1.7 Lakh - ₹4 Lakhs

Salary of majority employees

5% more than the average Sales Development Bancassurance Manager Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Sales & Business Development Sales Development Bancassurance Manager Salary 0 - 6 years exp. (38 salaries)	₹2.2 L/yr - ₹3.9 L/yr
BFSI, Investments & Trading Sales Development Bancassurance Manager Salary 0 - 6 years exp. (27 salaries)	₹2.2 L/yr - ₹4 L/yr
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Finance & Accounting Sales Development Bancassurance Manager Salary 0 - 4 years exp. (10 salaries)	₹1.7 L/yr - ₹3.5 L/yr
Customer Success, Service & Operations Sales Development Bancassurance Manager Salary 0 - 6 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr
Marketing & Communication Sales Development Bancassurance Manager Salary 0 - 2 years exp. (5 salaries)	₹2.1 L/yr - ₹3.5 L/yr

Last Updated: 21 Mar 2025

Companies similar to HDFC Life for Sales Development Bancassurance Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Sales Development Bancassurance Manager Salary 0 - 5 years exp. (5 salaries)	₹2.8 L/yr - ₹3.3 L/yr 8% less

Sales Development Bancassurance Manager salary at HDFC Life ranges between ₹1.7 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 113 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Sales Development Bancassurance Manager salaries

Last Updated: 21 Mar 2025

Experience	Avg Annual Salary
Fresher (12 salaries)	₹2.2 L/yr - ₹3.5 L/yr
1 year (30 salaries)	₹1.7 L/yr - ₹3.5 L/yr
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2 years (22 salaries)	₹2.1 L/yr - ₹3.6 L/yr
3 years (19 salaries)	₹2.2 L/yr - ₹4 L/yr
4 years (16 salaries)	₹2.5 L/yr - ₹3.9 L/yr
5 years (9 salaries)	₹3 L/yr - ₹3.9 L/yr
6 years (5 salaries)	₹2.6 L/yr - ₹3.5 L/yr

View all

Similar Designation salaries in HDFC Life

Bancassurance Manager Salary

(1.2k salaries)

₹3 L/yr - ₹7 L/yr

Business Development Manager Salary

(1.4k salaries)

₹1.8 L/yr - ₹5 L/yr

Executive Relationship Manager Salary

(4 salaries)

₹5.5 L/yr - ₹6.2 L/yr

Assistant Sales Manager Salary

(418 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Senior Corporate Agency Manager Salary

(1.9k salaries)

₹2.75 L/yr - ₹6 L/yr

Senior Relationship Manager Salary

(317 salaries)

₹2 L/yr - ₹5 L/yr

Deputy Sales Manager Salary

(3 salaries)

₹3.4 L/yr - ₹10.1 L/yr

Senior Business Development Manager Salary

(4 salaries)

₹3 L/yr - ₹5 L/yr

Financial Sales Manager Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Associate Sales Manager Salary

(12 salaries)

₹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

Salary related reviews for HDFC Life

3.8

Rated by 70 employees for salary & benefits

Sales Manager in Cuttack

Full Time

CSR & Social Service Department

4.0

• posted on 23 Mar 2025

2.0

for Salary and Benefits

Likes

The company has lots of data, They r learning you in first stage and after that they r find a way to indicate you wrongly.

Job security - Good

Dislikes

Less salary, no support from trainer, biggest layers, no leaves, no support from L1 and above, no motivation only needed business, so if u r afresher think twice before joining.

Salary - Poor

Corporate Agency Manager in Karnal

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 13 Mar 2025

3.0

for Salary and Benefits

Likes

Job security is the thing which i can say is good. Working culture is somewhat good.

Skill development - Good

+3 more

Dislikes

Salary hike is not so good like 4 to 5 percent annually only. There is no skill development options, you have to go in the morning and come back at the evening and this happens daily nothing new.

Senior Corporate Agency Manager in Tirunelveli

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.

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.

Business Development Manager in Bijnor

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.

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.

Salary - Bad

+4 more

Senior Corporate Agency Manager in Bareilly

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...

Job security - Poor

+1 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Life Sales Development Bancassurance Manager Salary FAQs

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

The average salary of a Sales Development Bancassurance Manager at HDFC Life in India typically ranges from ₹1.7 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Sales Development Bancassurance Manager at HDFC Life earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.9 Lakhs per year. Sales Development Bancassurance Manager Salaries at HDFC Life can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 100+ HDFC Life employees in India.

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 in India typically ranges from ₹23,690 to ₹25,148 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 100+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Sales Development Bancassurance Manager at HDFC Life ?

To be a Sales Development Bancassurance Manager at HDFC Life in india, the key skills required include:

- banca sales
- Sales Executive Activities
- Life Insurance
- Bancassurance
- Insurance Sales

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.

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

The salary of a Sales Development Bancassurance Manager at companies similar to HDFC Life in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank

₹2.8 Lakhs to ₹3.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Sales Development Bancassurance Manager at HDFC Life in India?

The salary growth for a Sales Development Bancassurance Manager at HDFC Life depends on factors such as experience, performance, and promotions. On average, a Sales Development Bancassurance Manager can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
Fresher	₹2.2 Lakhs to ₹3.5 Lakhs per year
1 year	₹1.7 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.1 Lakhs to ₹3.6 Lakhs per year
3 years	₹2.2 Lakhs to ₹4.0 Lakhs per year

and so on.

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HDFC Life Sales Development Bancassurance Manager Salaries by Location

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HDFC Life Sales Development Bancassurance Manager Salaries

HDFC Life Sales Development Bancassurance Manager salary in India ranges between ₹1.7 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 113 HDFC Life latest salaries received from various employees of HDFC Life.

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

Companies similar to HDFC Life for Sales Development Bancassurance Manager

Latest annual salaries shared by HDFC Life Sales Development Bancassurance Manager

Experience wise HDFC Life Sales Development Bancassurance Manager salaries

Similar Designation salaries in HDFC Life

Top skills at HDFC Life for Sales Development Bancassurance Manager

Salary related reviews for HDFC Life

Sales Manager in Cuttack

Corporate Agency Manager in Karnal

Senior Corporate Agency Manager in Tirunelveli

Business Development Manager in Bijnor

Senior Corporate Agency Manager in Bareilly

HDFC Life Sales Development Bancassurance Manager Salary FAQs

Tell us how to improve this page.

HDFC Life Sales Development Bancassurance Manager Salaries by Location