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HDFC Life

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4.0

based on 9.2k Reviews

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HDFC Life Territory Head Bancassurance salaries in India (Updated 2025)

Annual salary range
13 - 21 years exp.
₹11.7 Lakhs - ₹19 Lakhs
Salary of majority employees
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At par with the average Territory Head Bancassurance Salary in Insurance Companies for 13 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Territory Head Bancassurance Salary
13 - 21 years exp. (27 salaries)
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₹12 L/yr - ₹18 L/yr

Sales & Business Development
Territory Head Bancassurance Salary
13 - 20 years exp. (21 salaries)
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₹11.7 L/yr - ₹19 L/yr

Last Updated: 22 Mar 2025

Companies similar to HDFC Life for Territory Head Bancassurance

Company name Avg Annual Salary Open Jobs
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Axis Max Life Insurance Territory Head Bancassurance Salary

15 - 18 years exp. (7 salaries)
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₹11.5 L/yr - ₹18 L/yr

arrow icon 1% more
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Tata AIA Life Insurance Territory Head Bancassurance Salary

13 - 15 years exp. (3 salaries)
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₹12.6 L/yr - ₹16.1 L/yr

arrow icon 6% less
Territory Head Bancassurance salary at HDFC Life ranges between ₹11.7 Lakhs to ₹19 Lakhs per year for employees with experience between 13 years to 21 years. Salary estimates are based on 48 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Territory Head Bancassurance

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21 years exp.
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16 years exp.
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14 years exp.
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19 years exp.
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20 years exp.
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20 years exp.
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16 years exp.
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14 years exp.
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18 years exp.
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15 years exp.

Experience wise HDFC Life Territory Head Bancassurance salaries

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
13 years  (3 salaries)

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₹12 L/yr - ₹26.1 L/yr
14 years  (7 salaries)

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₹12.6 L/yr - ₹17.5 L/yr
15+ years  (38 salaries)

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₹11.7 L/yr - ₹19 L/yr

Similar Designation salaries in HDFC Life

Territory Sales Manager Salary
(16 salaries)
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₹3.94 L/yr - ₹16 L/yr
Territory Head Salary
(124 salaries)
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₹8.35 L/yr - ₹20.5 L/yr
Territory Manager Salary
(150 salaries)
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₹11.32 L/yr - ₹21 L/yr
Senior Area Manager Salary
(4 salaries)
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₹3.5 L/yr - ₹8.5 L/yr
Deputy Area Manager Salary
(4 salaries)
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₹4.5 L/yr - ₹16 L/yr
Senior Sales Manager Salary
(137 salaries)
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₹2.3 L/yr - ₹8.5 L/yr
Area Manager Salary
(31 salaries)
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₹7.71 L/yr - ₹19 L/yr
Center Manager Salary
(3 salaries)
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₹6 L/yr - ₹7.5 L/yr
Deputy Manager Salary
(731 salaries)
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₹3.5 L/yr - ₹12.1 L/yr
Cluster Manager Banca Salary
(46 salaries)
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₹7 L/yr - ₹11.5 L/yr

Salary related reviews for HDFC Life

3.8

Rated by 9 employees for salary & benefits

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

read more
  • Skill development - Poor
    • +5 more

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.

read more
  • Salary - Poor
    • +4 more

Deputy Manager in Mumbai

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 19 Aug 2023
1.0
 for  Salary and Benefits

Likes

Flexibility of work from home.

  • Job security - Good

Dislikes

...nt is not supportive and the way they communicate with lower levels is terrible. Salary structure is horrible and shift hours are expected for 12 to 14 hrs a day

read more
  • Salary - Bad
    • +5 more

Territory Head in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 01 Jun 2023
4.0
 for  Salary and Benefits

Likes

Organization is very good, lots of opportunities to explore. Good pay master.

read more
  • Salary - Good

Dislikes

Work culture is very pathetic. Leaders and Management is very poor. No accountability and responsibility for employees growth.

read more
  • Skill development - Bad
    • +5 more

Senior Sales Manager in Visakhapatnam

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 27 Sep 2023
2.0
 for  Salary and Benefits

Likes

...nd especially promotions structure is very much clear and very much transparent. But salary and rest benefits are not upto the mark.

read more
  • Skill development - Excellent
    • +5 more

Dislikes

Salary and other benefits are not justified & upto the mark.

  • Salary - Poor
see more salary related reviews

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HDFC Life Territory Head Bancassurance Salary FAQs

What is the salary of Territory Head Bancassurance at HDFC Life ?
The average salary of a Territory Head Bancassurance at HDFC Life in India typically ranges from ₹11.7 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 13 years to 21 years).

The top 10% of Territory Head Bancassurance at HDFC Life earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Territory Head Bancassurance 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 40+ HDFC Life employees in India.
What is the estimated take home salary of a Territory Head Bancassurance at HDFC Life in India?
The estimated take-home salary of a Territory Head Bancassurance at HDFC Life in India typically ranges from ₹1,02,570 to ₹1,05,374 per month. This is based on the average salary range of ₹11.7 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 13 years to 21 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 40+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than HDFC Life for Territory Head Bancassurance in India?
Axis Max Life Insurance ₹11.5 Lakhs to ₹18.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Life, depending on the role and experience level.
What is the salary of a Territory Head Bancassurance in companies similar to HDFC Life in India?
The salary of a Territory Head Bancassurance 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 ₹12.6 Lakhs to ₹16.1 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 Territory Head Bancassurance at HDFC Life in India?
The salary growth for a Territory Head Bancassurance at HDFC Life depends on factors such as experience, performance, and promotions. On average, a Territory Head Bancassurance can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
13 years ₹12.0 Lakhs to ₹26.1 Lakhs per year
14 years ₹12.6 Lakhs to ₹17.5 Lakhs per year
15 years ₹11.7 Lakhs to ₹19.0 Lakhs per year
and so on.

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HDFC Life Territory Head Bancassurance Salaries by Location

HDFC Life Territory Head Bancassurance salary in India ranges between ₹11.7 Lakhs to ₹19 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 48 HDFC Life latest salaries received from various employees of HDFC Life.