ICICI Prudential Life Insurance Bancassurance Sales Manager Salaries by 7 Employees (Updated 2025)

3 - 5 years exp.

₹2.8 Lakhs - ₹4.4 Lakhs

Low Confidence

Salary of majority employees

19% less than the average Bancassurance Sales Manager Salary in Insurance Companies for 3 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Bancassurance Sales Manager Salary 4 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹4.4 L/yr
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Sales & Business Development Bancassurance Sales Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3 L/yr

Last Updated: 1 Jan 2024

Companies similar to ICICI Prudential Life Insurance for Bancassurance Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Bancassurance Sales Manager Salary 2 - 8 years exp. (34 salaries)	₹2 L/yr - ₹7.8 L/yr 37% more	1 job opening
Axis Max Life Insurance Bancassurance Sales Manager Salary 2 - 6 years exp. (9 salaries)	₹3.1 L/yr - ₹6 L/yr 33% more
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Kotak Mahindara Life Insurance Bancassurance Sales Manager Salary 2 - 8 years exp. (10 salaries)	₹3.3 L/yr - ₹4.9 L/yr 23% more	14 job openings
Tata AIA Life Insurance Bancassurance Sales Manager Salary 0 - 8 years exp. (7 salaries)	₹3.3 L/yr - ₹6.5 L/yr 52% more
Reliance Nippon Life Insurance Bancassurance Sales Manager Salary 0 - 1 year exp. (5 salaries)	₹2 L/yr - ₹2.5 L/yr 27% less
PNB MetLife Bancassurance Sales Manager Salary 1 - 3 years exp. (4 salaries)	₹2.2 L/yr - ₹3.4 L/yr 7% less
ICICI Lombard General Insurance Company Bancassurance Sales Manager Salary 4 - 11 years exp. (5 salaries)	₹4.7 L/yr - ₹6.3 L/yr 85% more

Bancassurance Sales Manager salary at ICICI Prudential Life Insurance ranges between ₹2.8 Lakhs to ₹4.4 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 7 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Bancassurance Sales Manager salaries

Last Updated: 1 Jan 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.4 L/yr
4 years (3 salaries)	₹2.8 L/yr - ₹3.2 L/yr
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5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹4.4 L/yr

From

Bancassurance Sales Manager

₹

Lakhs/yr

3 - 5 years exp.

Chief Manager

₹

Lakhs/yr

7 - 22 years exp.

Bancassurance Sales Manager 3 - 5 years exp.

Area Manager 1 - 17 years exp.

223% hike

Branch Manager 3 - 18 years exp.

24% hike

From

3 more levels

Bancassurance Sales Manager

3 - 5 years exp.

Regional Manager

16 - 22 years exp.

View 1 more career path

Similar Designation salaries in ICICI Prudential Life Insurance

Bancassurance Manager Salary

(27 salaries)

₹2.66 L/yr - ₹6.5 L/yr

Assistant Sales Manager Salary

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₹4 L/yr - ₹5.75 L/yr

Financial Sales Manager Salary

(9 salaries)

₹2.7 L/yr - ₹5 L/yr

Associate Sales Manager Salary

(11 salaries)

₹2.75 L/yr - ₹3.9 L/yr

Business Sales Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Sales Manager Salary

(964 salaries)

₹2.5 L/yr - ₹10.55 L/yr

Area Manager Salary

(350 salaries)

₹5.8 L/yr - ₹12.78 L/yr

Business Development Manager Salary

(138 salaries)

₹2.25 L/yr - ₹5.6 L/yr

Corporate Agency Manager Salary

(5 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Cluster Manager Salary

(39 salaries)

₹6.05 L/yr - ₹14 L/yr

Salary related reviews for ICICI Prudential Life Insurance

Sales Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 17 Jan 2023

3.0

for Salary and Benefits

Likes

Skill development Salary and benefits

Skill development - Good

+1 more

Dislikes

No dislikes but everything depends on the manager you report and the channel you get in this company. If your in partner handling channel . Your manager will give so much respect and importance to the partner but not you . He will not understand your problem .

Promotions - Poor

+1 more

Relationship Manager in Saharsa

Customer Success, Service & Operations Department

5.0

• posted on 12 Aug 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling.company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Sales Manager in Kolkata

BFSI, Investments & Trading Department

5.0

• posted on 15 Jul 2021

5.0

for Salary and Benefits

Likes

Digital process , Good work environment and culture, teammates are supportive and the management is transparent.

Salary - Excellent

+6 more

Dislikes

Low salary compare to others company in same industry,now a days there is a lot of politics

Relationship Manager in Mumbai

Marketing & Communication Department

1.0

• posted on 26 Mar 2021

2.0

for Salary and Benefits

Likes

- Allowances are good. - Salary comes on time.

Job security - Good

Dislikes

There is absolutely no work life balance here. The boss / super boss everyone speaks in a very demotivating and degrading tone. It is very abusive and toxic. Unrealistic expectations and extremely abusive culture

Salary - Poor

+4 more

Business Development Manager in Sambalpur

Agency Sales Department

3.0

• posted on 08 Aug 2020

4.0

for Salary and Benefits

Likes

Salary is ok, training is provided on the regular basis. Bonus and increaments are good.

Salary - Good

+1 more

Dislikes

Internal politics in management and higher posts, superior treats like a dog. Very bad and abusive language is used on the bad days. Little to no patience is there in the upper management.

Promotions - Poor

+1 more

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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ICICI Prudential Life Insurance Bancassurance Sales Manager Salary FAQs

What is the salary of Bancassurance Sales Manager at ICICI Prudential Life Insurance?

Bancassurance Sales Manager salary at ICICI Prudential Life Insurance in India ranges between ₹2.8 Lakhs to ₹4.4 Lakhs for experience between 3 years to 5 years. According to our estimates it is 19% less than the average Bancassurance Sales Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of ICICI Prudential Life Insurance India.

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

The average salary of a Bancassurance Sales Manager at ICICI Prudential Life Insurance is 19% less than the average salary of a Bancassurance Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Prudential Life Insurance to a Bancassurance Sales Manager in India?

ICICI Lombard General Insurance Company Bancassurance Sales Manager Salary - ₹4.7 Lakhs to ₹6.3 Lakhs per year
Tata AIA Life Insurance Bancassurance Sales Manager Salary - ₹3.3 Lakhs to ₹6.5 Lakhs per year
HDFC Life Bancassurance Sales Manager Salary - ₹2.0 Lakhs to ₹7.8 Lakhs per year
Axis Max Life Insurance Bancassurance Sales Manager Salary - ₹3.1 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindara Life Insurance Bancassurance Sales Manager Salary - ₹3.3 Lakhs to ₹4.9 Lakhs per year

What is the salary of a Bancassurance Sales Manager in companies similar to ICICI Prudential Life Insurance in India?

PNB MetLife Bancassurance Sales Manager Salary - ₹2.2 Lakhs to ₹3.4 Lakhs per year
Reliance Nippon Life Insurance Bancassurance Sales Manager Salary - ₹2.0 Lakhs to ₹2.5 Lakhs per year

What is the estimated take home salary of a Bancassurance Sales Manager at ICICI Prudential Life Insurance in India?

The estimated take-home salary of a Bancassurance Sales Manager at ICICI Prudential Life Insurance ranges between ₹21,707 per month to ₹23,195 per month in India. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Bancassurance Sales Manager salary in India which ranges between ₹2.8 Lakhs to ₹4.4 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Bancassurance Sales Manager at ICICI Prudential Life Insurance?

According to AmbitionBox, 100% of the ICICI Prudential Life Insurance Bancassurance Sales Managers reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Bancassurance Sales Manager Salaries

ICICI Prudential Life Insurance Bancassurance Sales Manager salary in India ranges between ₹2.8 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

ICICI Prudential Life Insurance Bancassurance Sales Manager salaries in India

Companies similar to ICICI Prudential Life Insurance for Bancassurance Sales Manager

Latest annual salaries shared by ICICI Prudential Life Insurance Bancassurance Sales Manager

Experience wise ICICI Prudential Life Insurance Bancassurance Sales Manager salaries

Similar Designation salaries in ICICI Prudential Life Insurance

Salary related reviews for ICICI Prudential Life Insurance

Sales Manager in Hyderabad / Secunderabad

Relationship Manager in Saharsa

Sales Manager in Kolkata

Relationship Manager in Mumbai

Business Development Manager in Sambalpur

ICICI Prudential Life Insurance Bancassurance Sales Manager Salary FAQs

Tell us how to improve this page.