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HDFC Life Territory Manager Bancassurance salaries in India

Annual salary range
8 - 19 years exp.
₹5.4 Lakhs - ₹20 Lakhs
Salary of majority employees
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31% more than the average Territory Manager Bancassurance Salary in Insurance Companies for 8 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Territory Manager Bancassurance Salary
8 - 19 years exp. (9 salaries)
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₹5.5 L/yr - ₹17.4 L/yr

Sales & Business Development
Territory Manager Bancassurance Salary
9 - 17 years exp. (6 salaries)
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₹6 L/yr - ₹20 L/yr

Marketing & Communication
Territory Manager Bancassurance Salary
13 - 15 years exp. (3 salaries)
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₹11.5 L/yr - ₹15 L/yr

Last Updated: 17 Jan 2024

Companies similar to HDFC Life for Territory Manager Bancassurance

Company name Avg Annual Salary Open Jobs
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₹2.6 L/yr - ₹6 L/yr

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₹13.5 L/yr - ₹17 L/yr

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₹5.5 L/yr - ₹7 L/yr

arrow icon 52% less
1 job opening
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₹6.5 L/yr - ₹9.8 L/yr

arrow icon 38% less
2 job openings
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₹7 L/yr - ₹7.9 L/yr

arrow icon 43% less
Territory Manager Bancassurance salary at HDFC Life ranges between ₹5.4 Lakhs to ₹20 Lakhs per year for employees with experience between 8 years to 19 years. Salary estimates are based on 18 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Territory Manager Bancassurance

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9 years exp.
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8 years exp.
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13 years exp.
1y ago
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17 years exp.
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15 years exp.
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15 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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17 years exp.

Experience wise HDFC Life Territory Manager Bancassurance salaries

Last Updated: 17 Jan 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹20.8 L/yr
9 years (AmbitionBox Estimate)

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₹6 L/yr - ₹21.3 L/yr
10 years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹14 L/yr
11 years (AmbitionBox Estimate)

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₹12 L/yr - ₹22.4 L/yr
12 years (AmbitionBox Estimate)

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₹11.4 L/yr - ₹14.6 L/yr
View all

Similar Designation salaries in HDFC Life

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₹1.8 L/yr - ₹5.2 L/yr
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₹2.85 L/yr - ₹6 L/yr
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₹3 L/yr - ₹7 L/yr
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₹1.45 L/yr - ₹4.5 L/yr
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₹1.7 L/yr - ₹5 L/yr
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₹2 L/yr - ₹5 L/yr
Cluster Manager Salary
(296 salaries)
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₹5.65 L/yr - ₹12 L/yr
Branch Manager Salary
(271 salaries)
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₹5.25 L/yr - ₹12.5 L/yr
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₹2.5 L/yr - ₹6.5 L/yr
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₹5 L/yr - ₹14.5 L/yr

Top skills at HDFC Life for Territory Manager Bancassurance

banca sales Life Insurance Bancassurance Territory Management LI Business Growth Sales Banking

Salary related reviews for HDFC Life

5.0

Rated by 1 employees for salary & benefits

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

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 08 Nov 2024

4.0
 for  Salary and Benefits

Likes

Skill development is good more knowledge we gets about product clearly

  • Salary - Good
  • +3 more

Dislikes

...nsent about the employee only they listen what our bosses say not to employees, Higher New employees giving higher designation and salary hike instade of give to our old employees

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  • Promotions - Bad
  • +2 more

Full Time

 · 

Other Department

1.0
  •  posted on 14 Oct 2024

2.0
 for  Salary and Benefits

Likes

Nothing to like, people keep on absconding, due to no work life balance, irrelevant pressure.

Dislikes

...cy, rejected leaves at last moment even after informing manager 2 months before. * No job security, Manager always ask to resign in front of everyone in team meetings * Bullying regarding salary infront of colleagues, as if paying my salary from their own pocket *

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  • Salary - Poor
  • +6 more

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 ...

  • Job security - Excellent
  • +2 more

Dislikes

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

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  • Salary - Bad
  • +1 more

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

read more
  • Skill development - Bad
  • +5 more
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HDFC Life Territory Manager Bancassurance Salary FAQs

What is the salary of Territory Manager Bancassurance at HDFC Life?
Territory Manager Bancassurance salary at HDFC Life in India ranges between ₹5.4 Lakhs to ₹20.0 Lakhs for experience between 8 years to 19 years. According to our estimates it is 31% more than the average Territory Manager Bancassurance Salary in India. Salary estimates are based on 18 latest salaries received from various employees of HDFC Life India.
How does the salary of a Territory Manager Bancassurance at HDFC Life India compare with the average salary range for this job?
The average salary of a Territory Manager Bancassurance at HDFC Life is 31% more than the average salary of a Territory Manager Bancassurance in India. To know exact salary insights, login to view.
What are the top skills required to work as a Territory Manager Bancassurance at HDFC Life?
banca sales, Life Insurance, Bancassurance, Territory Management and LI are some of the popular skills required to work as a Territory Manager Bancassurance at HDFC Life India.
Which similar companies are paying more than HDFC Life to a Territory Manager Bancassurance in India?
  • Bajaj Allianz Life Insurance Territory Manager Bancassurance Salary - ₹13.5 Lakhs to ₹17.0 Lakhs per year
What is the salary of a Territory Manager Bancassurance in companies similar to HDFC Life in India?
  • PNB MetLife Territory Manager Bancassurance Salary - ₹6.5 Lakhs to ₹9.8 Lakhs per year
  • HDFC Ergo General Insurance Territory Manager Bancassurance Salary - ₹7.0 Lakhs to ₹7.9 Lakhs per year
  • Tata AIA Life Insurance Territory Manager Bancassurance Salary - ₹5.5 Lakhs to ₹7.0 Lakhs per year
  • ICICI Prudential Life Insurance Territory Manager Bancassurance Salary - ₹2.6 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Territory Manager Bancassurance at HDFC Life in India?
The estimated take-home salary of a Territory Manager Bancassurance at HDFC Life ranges between ₹91,828 per month to ₹94,285 per month in India. The take-home salary calculation is based on the average HDFC Life Territory Manager Bancassurance salary in India which ranges between ₹5.4 Lakhs to ₹20.0 Lakhs per year for employees with experience between 8 years to 19 years. Check how did we calculate take home salary?
What is the notice period for Territory Manager Bancassurance at HDFC Life?
According to AmbitionBox, 75% of the HDFC Life Territory Manager Bancassurances reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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HDFC Life Territory Manager Bancassurance salary in India ranges between ₹5.4 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 HDFC Life latest salaries received from various employees of HDFC Life.