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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. (93 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 - 9 years exp. (8 salaries)
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₹5 L/yr - ₹6.9 L/yr

Last Updated: 8 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

arrow icon 5% less
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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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Experience wise HDFC Life Senior Bancassurance Manager salaries

Last Updated: 8 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  (28 salaries)

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₹4.6 L/yr - ₹7.2 L/yr
5 years  (51 salaries)

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₹4.3 L/yr - ₹7.5 L/yr
6 years  (44 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 - 18 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 16% hike

Senior Corporate Sales Manager

6 - 18 years exp.
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arrow icon 38% 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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₹2.85 L/yr - ₹6 L/yr
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₹1.7 L/yr - ₹3.87 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 - ₹5.6 L/yr
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₹3 L/yr - ₹5 L/yr
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₹3.2 L/yr - ₹4.62 L/yr
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Salary related reviews for HDFC Life

4.1

Rated by 41 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

 · 

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
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?
Senior Bancassurance Manager salary at HDFC Life in India ranges between ₹3.4 Lakhs to ₹7.9 Lakhs for experience between 2 years to 10 years. According to our estimates it is 3% more than the average Senior Bancassurance Manager Salary in India. Salary estimates are based on 218 latest salaries received from various employees of HDFC Life India.
How does the salary of a Senior Bancassurance Manager at HDFC Life India compare with the average salary range for this job?
The average salary of a Senior Bancassurance Manager at HDFC Life is 3% more than the average salary of a Senior Bancassurance Manager in India. To know exact salary insights, login to view.
What is the salary of a Senior Bancassurance Manager in companies similar to HDFC Life in India?
  • Tata AIA Life Insurance Senior Bancassurance Manager Salary - ₹4.0 Lakhs to ₹8.0 Lakhs per year
  • Ageas Federal Life Insurance Senior Bancassurance Manager Salary - ₹4.0 Lakhs to ₹4.0 Lakhs per year
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 ranges between ₹51,049 per month to ₹52,253 per month in India. The take-home salary calculation is based on the average HDFC Life Senior Bancassurance Manager salary in India which ranges between ₹3.4 Lakhs to ₹7.9 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Senior Bancassurance Manager at HDFC Life?
According to AmbitionBox, 77% of the HDFC Life Senior Bancassurance Managers reported a notice period of 1 Month, 10% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 217 responses on AmbitionBox in last 2 years.

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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.

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