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ICICI Prudential Life Insurance Banking Associate salaries in India

Annual salary range
4 - 9 years exp.
₹3.3 Lakhs - ₹7.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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27% more than the average Banking Associate Salary in Insurance Companies for 4 - 9 years of experience

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Last Updated: 1 May 2024

Companies similar to ICICI Prudential Life Insurance for Banking Associate

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₹2.4 L/yr - ₹20 L/yr

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Accenture Banking Associate Salary

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₹1.8 L/yr - ₹5.8 L/yr

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₹2 L/yr - ₹4.1 L/yr

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J&K Bank Banking Associate Salary

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₹3.5 L/yr - ₹10 L/yr

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Banking Associate salary at ICICI Prudential Life Insurance ranges between ₹3.3 Lakhs to ₹7.5 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Banking Associate

8mo ago
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6 years exp.
1y ago
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9 years exp.
1y ago
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5 years exp.

Experience wise ICICI Prudential Life Insurance Banking Associate salaries

Last Updated: 1 May 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
6 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
9 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.6 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

Senior Associate Salary
(285 salaries)
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₹2.4 L/yr - ₹5.3 L/yr
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₹2.5 L/yr - ₹5.98 L/yr
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₹3 L/yr - ₹4.8 L/yr
Senior Analyst Salary
(5 salaries)
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₹2.8 L/yr - ₹6.19 L/yr
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₹2.4 L/yr - ₹3.8 L/yr
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₹5 L/yr - ₹5.2 L/yr
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₹2 L/yr - ₹3.5 L/yr
Analyst Salary
(3 salaries)
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₹7 L/yr - ₹8.29 L/yr
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₹4 L/yr - ₹9.6 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr

Salary related reviews for ICICI Prudential Life Insurance

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 10 Jan 2025

3.0
 for  Salary and Benefits

Likes

Salary package.

Dislikes

There is not have any work life balance, specially in group claims ,manager is not cooperative, for a single day sick leave also they asked like why did you inform previously.saturdays are working for partial employees.Hr &Sr Management is not supportive for employees they are at side of only managers.Promotion criteria is not basis of performance but on favourtism basis....hr will not assure that your conversation will be confidential & but each information gave to senior rather than to help out employees get more torture from manager.

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 08 Feb 2023

1.0
 for  Salary and Benefits

Likes

Salary is decent, but lesser than offered by MNCs and Startups. Good support for freshers.

read more

Dislikes

Management Trainee profile is highly sales oriented, nothing else. You'll be made to travel on a bike, visit multiple people on a daily basis and sell insurance products. The company will promise, but never gives any food/ travel/ fuel reimbursements. The IT infrastructure is pathetic. Laptops given to employee hang a lot and are difficult to work on. The colleagues and peers are average. You would rarely come across people from good management institutes working here. There is no "Real skill" development other than communication skill. The company will train you but only to sell products, nothing else. Work life balance is pathetic, and we're often asked to work on weekends. Leaves are rarely approved. The work culture is aggressive, and manager shout and abuse their subordinates. The HR will not help you either, but only support the manager. The attrition rate is very high among the Front line staff/Business Trainee/ Management Trainee. Almost 70% people leave within 1 year and switch to MNCs/ Startups for better work culture, pay and respect. Everyday it feels like the company is going through a financial crisis. They lack money to maintain basic office infrastructure and spend on employee welfare. No Diwali gifts or office lunches. The company is losing market share to HDFC Life. Except for Term Insurance, all other products are a SCAM. It's not ethical to work here. Sooner or later customer will abuse you for misleading and fraud. Avoid ICICI Prudential. Don't ruin your career.

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 19 Jan 2023

1.0
 for  Salary and Benefits

Likes

Job security, Support for freshers

Dislikes

Low salary, Low increment, Minimal learning, Highly sales oriented job, Abusive managers, Pressure, 6 days a week working, No gifts, No reimbursement, High degree of misselling of products to achieve sales target

read more

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.

read more

Marketing & Communication Department

1.0
  •  posted on 26 Mar 2021

2.0
 for  Salary and Benefits

Likes

- Allowances are good. - Salary comes on time.

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

read more
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ICICI Prudential Life Insurance Banking Associate Salary FAQs

What is the salary of Banking Associate at ICICI Prudential Life Insurance?
Banking Associate salary at ICICI Prudential Life Insurance in India ranges between ₹3.3 Lakhs to ₹7.5 Lakhs for experience between 4 years to 9 years. According to our estimates it is 27% more than the average Banking Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of ICICI Prudential Life Insurance India.
How does the salary of a Banking Associate at ICICI Prudential Life Insurance India compare with the average salary range for this job?
The average salary of a Banking Associate at ICICI Prudential Life Insurance is 27% more than the average salary of a Banking Associate in India. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Banking Associate in India?
  • SBI Life Insurance Company Banking Associate Salary - ₹2.4 Lakhs to ₹20.0 Lakhs per year
  • J&K Bank Banking Associate Salary - ₹3.5 Lakhs to ₹10.0 Lakhs per year
What is the salary of a Banking Associate in companies similar to ICICI Prudential Life Insurance in India?
  • Wipro Banking Associate Salary - ₹2.0 Lakhs to ₹4.1 Lakhs per year
  • TCS Banking Associate Salary - ₹2.1 Lakhs to ₹4.0 Lakhs per year
  • Accenture Banking Associate Salary - ₹1.8 Lakhs to ₹5.8 Lakhs per year
What is the estimated take home salary of a Banking Associate at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Banking Associate at ICICI Prudential Life Insurance ranges between ₹32,041 per month to ₹33,325 per month in India. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Banking Associate salary in India which ranges between ₹3.3 Lakhs to ₹7.5 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Banking Associate at ICICI Prudential Life Insurance?
According to AmbitionBox, 67% of the ICICI Prudential Life Insurance Banking Associates reported a notice period of More than 3 months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Prudential Life Insurance Banking Associate salary in India ranges between ₹3.3 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.