HDFC Life Kolkata Territory Manager Bancassurance Salaries by 4 Employees

13 - 19 years exp.

₹10.5 Lakhs - ₹15.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

27% more than the average Territory Manager Bancassurance Salary in Insurance Companies for 13 - 19 years of experience

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Salaries in different departments

Sales & Business Development Territory Manager Bancassurance Salary 13 - 17 years exp. (3 salaries)	₹10.5 L/yr - ₹15.5 L/yr
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BFSI, Investments & Trading Territory Manager Bancassurance Salary 19 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹15 L/yr

Last Updated: 15 Mar 2023

Territory Manager Bancassurance salary at HDFC Life ranges between ₹10.5 Lakhs to ₹15.5 Lakhs per year for employees with experience between 13 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Territory Manager Bancassurance salaries in Kolkata

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.4 L/yr
14 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
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15+ years (3 salaries)	₹14.3 L/yr - ₹15.5 L/yr

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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

Corporate Agency Manager in Karnal

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 13 Mar 2025

3.0

for Salary and Benefits

Likes

Job security is the thing which i can say is good. Working culture is somewhat good.

Skill development - Good

+3 more

Dislikes

Salary hike is not so good like 4 to 5 percent annually only. There is no skill development options, you have to go in the morning and come back at the evening and this happens daily nothing new.

Senior Corporate Agency Manager in Tirunelveli

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.

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.

Senior Corporate Agency Manager in Bareilly

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...

Job security - Poor

+1 more

Corporate Agency Manager in Indore

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.

Salary - Bad

+6 more

Senior Corporate Agency Manager in Mumbai

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

Promotions - Bad

+2 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Life Territory Manager Bancassurance Salary FAQs

What is the salary of Territory Manager Bancassurance at HDFC Life in Kolkata?

The average salary of a Territory Manager Bancassurance at HDFC Life in Kolkata typically ranges from ₹10.5 Lakhs to ₹15.5 Lakhs per year, depending on experience (from 13 years to 19 years).

The top 10% of Territory Manager Bancassurance in Kolkata at HDFC Life earn more than ₹15.5 Lakhs per year, and the top 1% earn over ₹15.5 Lakhs per year. Territory Manager 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 4 HDFC Life employees in India.

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

The estimated take-home salary of a Territory Manager Bancassurance at HDFC Life in Kolkata typically ranges from ₹99,314 to ₹1,02,013 per month. This is based on the average salary range of ₹10.5 Lakhs to ₹15.5 Lakhs per year for employees with experience ranging from 13 years to 19 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 4 salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Territory Manager Bancassurance at HDFC Life in Kolkata?

To be a Territory Manager Bancassurance at HDFC Life in Kolkata, the key skills required include:

- banca sales
- Life Insurance
- Bancassurance
- Territory Management
- LI

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.

How the salary growth look like for a Territory Manager Bancassurance at HDFC Life in Kolkata?

The salary growth for a Territory Manager Bancassurance at HDFC Life in Kolkata depends on factors such as experience, performance, and promotions. On average, a Territory Manager Bancassurance in Kolkata can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
13 years	₹12.9 Lakhs to ₹16.4 Lakhs per year
14 years	₹13.1 Lakhs to ₹16.7 Lakhs per year
15 years	₹14.3 Lakhs to ₹15.5 Lakhs per year

and so on.

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HDFC Life Territory Manager Bancassurance Salaries in Kolkata

HDFC Life Territory Manager Bancassurance salary in Kolkata ranges between ₹10.5 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.