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

Annual salary range
2 - 10 years exp.
₹3.4 Lakhs - ₹7.9 Lakhs
Salary of majority employees
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At par with the average Senior Bancassurance Manager Salary in Insurance Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Bancassurance Manager Salary
2 - 10 years exp. (94 salaries)
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₹3.4 L/yr - ₹7.9 L/yr

Sales & Business Development
Senior Bancassurance Manager Salary
3 - 10 years exp. (60 salaries)
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₹5.2 L/yr - ₹7.6 L/yr

Customer Success, Service & Operations
Senior Bancassurance Manager Salary
3 - 10 years exp. (10 salaries)
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₹5.5 L/yr - ₹6.7 L/yr

Marketing & Communication
Senior Bancassurance Manager Salary
3 - 8 years exp. (10 salaries)
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₹5.5 L/yr - ₹7.5 L/yr

Finance & Accounting
Senior Bancassurance Manager Salary
4 - 8 years exp. (6 salaries)
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₹5 L/yr - ₹6.9 L/yr

Last Updated: 14 Mar 2025

Companies similar to HDFC Life for Senior Bancassurance Manager

Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹8 L/yr

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₹4 L/yr - ₹4 L/yr

arrow icon 40% less
Senior Bancassurance Manager salary at HDFC Life ranges between ₹3.4 Lakhs to ₹7.9 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 218 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Senior Bancassurance Manager

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10 years exp.
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Experience wise HDFC Life Senior Bancassurance Manager salaries

Last Updated: 14 Mar 2025

Experience Avg Annual Salary
2 years  (5 salaries)

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₹6.5 L/yr - ₹7 L/yr
3 years  (15 salaries)

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₹3.4 L/yr - ₹7 L/yr
4 years  (29 salaries)

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₹4.6 L/yr - ₹7.2 L/yr
5 years  (52 salaries)

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₹4.3 L/yr - ₹7.5 L/yr
6 years  (45 salaries)

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₹4.9 L/yr - ₹7.9 L/yr
View all
HDFC Life Senior Bancassurance Manager Salary and Career Growth

From

To

Senior Bancassurance Manager

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2 - 10 years exp.

Senior Manager

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2 - 20 years exp.

Senior Bancassurance Manager

2 - 10 years exp.
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Corporate Manager

1 - 17 years exp.
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arrow icon 15% hike

Senior Corporate Sales Manager

6 - 18 years exp.
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arrow icon 46% hike

From

To

Senior Bancassurance Manager

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2 - 10 years exp.

Associate Head Regional

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13 - 22 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDFC Life

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₹3 L/yr - ₹7 L/yr
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₹2 L/yr - ₹5 L/yr
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₹2.75 L/yr - ₹6 L/yr
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₹1.7 L/yr - ₹4 L/yr
Financial Sales Manager Salary
(AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr
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₹4.2 L/yr - ₹5.8 L/yr
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₹1.8 L/yr - ₹5.08 L/yr
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₹2.5 L/yr - ₹5.5 L/yr
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₹3 L/yr - ₹5 L/yr
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₹3.2 L/yr - ₹4.62 L/yr

Salary related reviews for HDFC Life

4.1

Rated by 43 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 03 Aug 2023

4.0
 for  Salary and Benefits

Likes

Salary and perks are pretty good. Company policy,self learning and development are well defined. Management is very supportive. Work life balance is pretty good.

read more
  • Salary - Good
  • +5 more

Dislikes

Group insurance benefit quite less. It should be increased. Adding beneficiaries is quite costly. In health insurance part only two beneficiaries can be added. Apart from spouse and two children, two more beneficiaries should be allowed to add with some extra cost.

read more

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.

read more
  • 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.

read more
  • Salary - Poor

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.

read more

Full Time

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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
see more salary related reviews

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HDFC Life Senior Bancassurance Manager Salary FAQs

What is the salary of Senior Bancassurance Manager at HDFC Life ?
The average salary of a Senior Bancassurance Manager at HDFC Life in India typically ranges from ₹3.4 Lakhs to ₹7.9 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Senior Bancassurance Manager at HDFC Life earn more than ₹7.3 Lakhs per year, and the top 1% earn over ₹7.7 Lakhs per year. Senior 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 200+ HDFC Life employees in India.
What is the estimated take home salary of a Senior Bancassurance Manager at HDFC Life in India?
The estimated take-home salary of a Senior Bancassurance Manager at HDFC Life in India typically ranges from ₹50,932 to ₹52,133 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹7.9 Lakhs per year for employees with experience ranging from 2 years to 10 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 200+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Senior Bancassurance Manager in companies similar to HDFC Life in India?
The salary of a Senior 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:

Tata AIA Life Insurance ₹4.0 Lakhs to ₹8.0 Lakhs per year
Ageas Federal Life Insurance ₹4.0 Lakhs to ₹4.0 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 Senior Bancassurance Manager at HDFC Life in India?
The salary growth for a Senior Bancassurance Manager at HDFC Life depends on factors such as experience, performance, and promotions. On average, a Senior Bancassurance Manager can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
2 years ₹6.5 Lakhs to ₹7.0 Lakhs per year
3 years ₹3.4 Lakhs to ₹7.0 Lakhs per year
4 years ₹4.6 Lakhs to ₹7.2 Lakhs per year
5 years ₹4.3 Lakhs to ₹7.5 Lakhs per year
and so on.

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HDFC Life Senior Bancassurance Manager salary in India ranges between ₹3.4 Lakhs to ₹7.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 218 HDFC Life latest salaries received from various employees of HDFC Life.