HDFC Life Mumbai Territory Head Bancassurance Salaries by 7 Employees (Updated 2025)

14 - 20 years exp.

₹12 Lakhs - ₹19 Lakhs

Salary of majority employees

6% more than the average Territory Head Bancassurance Salary in Insurance Companies for 14 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Territory Head Bancassurance Salary 15 - 20 years exp. (5 salaries)	₹12 L/yr - ₹18 L/yr
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Sales & Business Development Territory Head Bancassurance Salary 14 - 18 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹19 L/yr

Last Updated: 1 Feb 2025

Territory Head Bancassurance salary at HDFC Life ranges between ₹12 Lakhs to ₹19 Lakhs per year for employees with experience between 14 years to 20 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Territory Head Bancassurance salaries in Mumbai

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹6 L/yr - ₹16 L/yr
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15+ years (6 salaries)	₹12 L/yr - ₹19 L/yr

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Salary related reviews for HDFC Life

4.0

Rated by 1 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

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.

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

Salary - Bad

+5 more

Deputy Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Aug 2023

2.0

for Salary and Benefits

Dislikes

... Saturday and Sunday off as they have mentioned holiday at the time of joining. Also I feel there is discrimination in salary increament policy and working time among employees.

Salary - Poor

+3 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.

Salary - Good

Dislikes

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

Skill development - Bad

+5 more

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Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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HDFC Life Territory Head Bancassurance Salary FAQs

What is the salary of Territory Head Bancassurance at HDFC Life Mumbai?

Territory Head Bancassurance salary at HDFC Life in Mumbai ranges between ₹12.0 Lakhs to ₹19.0 Lakhs for experience between 14 years to 20 years. According to our estimates it is 6% more than the average Territory Head Bancassurance Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life Mumbai.

How does the salary of a Territory Head Bancassurance at HDFC Life Mumbai compare with the average salary range for this job?

The average salary of a Territory Head Bancassurance at HDFC Life is 6% more than the average salary of a Territory Head Bancassurance in Mumbai. To know exact salary insights, login to view.

What is the estimated take home salary of a Territory Head Bancassurance at HDFC Life in Mumbai?

The estimated take-home salary of a Territory Head Bancassurance at HDFC Life ranges between ₹1,05,312 per month to ₹1,08,205 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Territory Head Bancassurance salary in India which ranges between ₹12.0 Lakhs to ₹19.0 Lakhs per year for employees with experience between 14 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Territory Head Bancassurance at HDFC Life in Mumbai?

According to AmbitionBox, 83% of the HDFC Life Territory Head Bancassurances in Mumbai reported a notice period of 3 Months, 17% reported a notice period of 2 Months.This is based on 12 responses on AmbitionBox in last 2 years.

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HDFC Life Territory Head Bancassurance Salaries in Mumbai

HDFC Life Territory Head Bancassurance salary in Mumbai ranges between ₹12 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDFC Life latest salaries received from various employees of HDFC Life.