HDFC Life Senior Bancassurance Sales Manager Salaries by 6 Employees (Updated 2025)

8 - 10 years exp.

₹7.8 Lakhs - ₹11.8 Lakhs

Low Confidence

Salary of majority employees

50% more than the average Senior Bancassurance Sales Manager Salary in Insurance Companies for 8 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Bancassurance Sales Manager Salary 9 - 10 years exp. (3 salaries)	₹7.8 L/yr - ₹10 L/yr
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Sales & Business Development Senior Bancassurance Sales Manager Salary 8 - 10 years exp. (3 salaries)	₹7.8 L/yr - ₹11.8 L/yr

Last Updated: 6 Jun 2024

Companies similar to HDFC Life for Senior Bancassurance Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Senior Bancassurance Sales Manager Salary 1 - 18 years exp. (4 salaries)	₹9 L/yr - ₹11.5 L/yr 23% more
Bajaj Allianz General Insurance Senior Bancassurance Sales Manager Salary 7 - 11 years exp. (7 salaries)	₹4.5 L/yr - ₹8.2 L/yr 32% less
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Canara HSBC Life Insurance Senior Bancassurance Sales Manager Salary 6 - 9 years exp. (3 salaries)	₹3.1 L/yr - ₹4.2 L/yr 57% less

Senior Bancassurance Sales Manager salary at HDFC Life ranges between ₹7.8 Lakhs to ₹11.8 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Bancassurance Sales Manager salaries

Last Updated: 6 Jun 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹7.8 L/yr
9 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹15.1 L/yr
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10 years (3 salaries)	₹7.8 L/yr - ₹11.8 L/yr

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Salary related reviews for HDFC Life

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.

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 ...

Dislikes

Salary increment problem... promotion criteria too hard.. even new fresher staff Haring with high salary but old staff salary not increase,

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

Corporate Agency Manager in Visakhapatnam

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Sep 2023

3.0

for Salary and Benefits

Likes

They pay timely salary this only the thing

Dislikes

1. No work life balance 2. They will torture you 3. If you did not sell the policy they just try make you to purchase a policy for your family 4. There no holiday for bank holidays but it's banca channel 5.worth thing is hdfc bank doesn't like it's own policies and sell other products of tata and birla 6. There is no job security in hdfc life.. company don't remove you but the managers made you to resign So many are there like this

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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HDFC Life Senior Bancassurance Sales Manager Salary FAQs

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

Senior Bancassurance Sales Manager salary at HDFC Life in India ranges between ₹7.8 Lakhs to ₹11.8 Lakhs for experience between 8 years to 10 years. According to our estimates it is 50% more than the average Senior Bancassurance Sales Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Senior Bancassurance Sales Manager at HDFC Life is 50% more than the average salary of a Senior Bancassurance Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Senior Bancassurance Sales Manager in India?

ICICI Lombard General Insurance Company Senior Bancassurance Sales Manager Salary - ₹9.0 Lakhs to ₹11.5 Lakhs per year

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

Bajaj Allianz General Insurance Senior Bancassurance Sales Manager Salary - ₹4.5 Lakhs to ₹8.2 Lakhs per year
Canara HSBC Life Insurance Senior Bancassurance Sales Manager Salary - ₹3.1 Lakhs to ₹4.2 Lakhs per year

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

The estimated take-home salary of a Senior Bancassurance Sales Manager at HDFC Life ranges between ₹62,710 per month to ₹64,304 per month in India. The take-home salary calculation is based on the average HDFC Life Senior Bancassurance Sales Manager salary in India which ranges between ₹7.8 Lakhs to ₹11.8 Lakhs per year for employees with experience between 8 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the HDFC Life Senior Bancassurance Sales Managers reported a notice period of 1 Month, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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HDFC Life Senior Bancassurance Sales Manager Salaries

HDFC Life Senior Bancassurance Sales Manager salary in India ranges between ₹7.8 Lakhs to ₹11.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HDFC Life latest salaries received from various employees of HDFC Life.