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ICICI Prudential Life Insurance Territory Manager Bancassurance salaries in India

Annual salary range
1 - 3 years exp.
₹2.6 Lakhs - ₹6 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.
Avg. annual salary
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Monthly In-hand Salary

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47% less than the average Territory Manager Bancassurance Salary in Insurance Companies for 1 - 3 years of experience

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Salaries in different departments

Sales & Business Development
Territory Manager Bancassurance Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.6 L/yr

BFSI, Investments & Trading
Territory Manager Bancassurance Salary
2 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.1 L/yr

Last Updated: 12 Mar 2023

Companies similar to ICICI Prudential Life Insurance for Territory Manager Bancassurance

Company name Avg Annual Salary Open Jobs
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₹5.4 L/yr - ₹20 L/yr

arrow icon 150% more
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₹6.5 L/yr - ₹9 L/yr

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2 job openings
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₹5.5 L/yr - ₹7 L/yr

arrow icon 20% more
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₹13.5 L/yr - ₹17 L/yr

arrow icon 194% more
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₹7 L/yr - ₹7.9 L/yr

arrow icon 42% more
Territory Manager Bancassurance salary at ICICI Prudential Life Insurance ranges between ₹2.6 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 3 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 Territory Manager Bancassurance

1y ago
₹4.6 Lakhs
2 years exp.
1y ago
₹6 Lakhs
1 year exp.
1y ago
₹6 Lakhs
2 years exp.

Experience wise ICICI Prudential Life Insurance Territory Manager Bancassurance salaries

Last Updated: 12 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr
2 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹6.6 L/yr
3 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.4 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

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₹1.85 L/yr - ₹4.6 L/yr
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₹2 L/yr - ₹5.1 L/yr
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₹4 L/yr - ₹6.25 L/yr
Branch Manager Salary
(414 salaries)
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₹6.25 L/yr - ₹18.75 L/yr
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₹1.9 L/yr - ₹7.75 L/yr
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₹3.8 L/yr - ₹6 L/yr
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₹10.7 L/yr - ₹28 L/yr
Agency Manager Salary
(160 salaries)
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₹2.5 L/yr - ₹5.25 L/yr
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₹2.15 L/yr - ₹4 L/yr
Afsm Salary
(114 salaries)
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₹1.8 L/yr - ₹3.9 L/yr

Salary related reviews for ICICI Prudential Life Insurance

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 04 Mar 2025

5.0
 for  Salary and Benefits

Likes

The work-life balance here is good, and the salary and promotions are also rewarding. This makes ICICI Prudential Life the best company for us.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is nothing that would make us say we dislike ICICI Prudential LIC LTD...

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 07 Jan 2025

3.0
 for  Salary and Benefits

Likes

...d job security, and offers valuable learning opportunities to enhance my skills. While the salary is on the lower side and growth feels slow, the stable environment and focus on employee development make it a worthwhile place to work.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

Low salary slow growth

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 04 Dec 2024

4.0
 for  Salary and Benefits

Likes

...own brand so it's easy to deal with clients. 2nd competitively amazing products. 3rd salary payouts are always on time. 4th presure for growth is remarkably high.

read more
  • Salary - Good
  • +1 more

Dislikes

1st Very High Sales Pressure!! 2nd incentives playmates are very delayed. 3rd less work-life balance, sometimes you have to attend meetings on Sunday & have meet client on weekends also. 4th you have to be lucky enough to get a supportive BM & RM. Otherwise you'll end up resigning with in 6-12 mouth. 5th if you have hard-core sales mindset & have good networking skills then you could stay at ipru & grow. Otherwise you'll get Frustrated very soon.

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 03 Dec 2024

3.0
 for  Salary and Benefits

Likes

Expect salary nothing is good

Dislikes

Very worst management and the manager will treat in an irespectable manner as a fresher they would expect you work as an experience person if you don't do that the manager will force you resign the job better don't go and especially for bankassurance

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 30 Oct 2024

1.0
 for  Salary and Benefits

Likes

I like the culture little bit but salary is very bad only they provide good salary to the college placement peoples

read more

Dislikes

Many of the things like salary and designation is totally not up to the mark of someone is from college placement they provide good package and designation doesn't matter it's a fresher and when we talk about experience person there expectations are very high towards but salary is very very less

read more
  • Salary - Bad
  • +2 more
see more salary related reviews

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ICICI Prudential Life Insurance Territory Manager Bancassurance Salary FAQs

What is the salary of Territory Manager Bancassurance at ICICI Prudential Life Insurance ?
The average salary of a Territory Manager Bancassurance at ICICI Prudential Life Insurance in India typically ranges from ₹2.6 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Territory Manager Bancassurance at ICICI Prudential Life Insurance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Territory Manager Bancassurance Salaries at ICICI Prudential Life Insurance 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 ICICI Prudential Life Insurance employees in India.
What is the estimated take home salary of a Territory Manager Bancassurance at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Territory Manager Bancassurance at ICICI Prudential Life Insurance in India typically ranges from ₹39,170 to ₹40,348 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 ICICI Prudential Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than ICICI Prudential Life Insurance for Territory Manager Bancassurance in India?
Bajaj Allianz Life Insurance ₹13.5 Lakhs to ₹17.0 Lakhs per year
HDFC Life ₹5.4 Lakhs to ₹20.0 Lakhs per year
PNB MetLife ₹6.5 Lakhs to ₹9.0 Lakhs per year
HDFC Ergo General Insurance ₹7.0 Lakhs to ₹7.9 Lakhs per year
Tata AIA Life Insurance ₹5.5 Lakhs to ₹7.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Prudential Life Insurance, depending on the role and experience level.
How the salary growth look like for a Territory Manager Bancassurance at ICICI Prudential Life Insurance in India?
The salary growth for a Territory Manager Bancassurance at ICICI Prudential Life Insurance depends on factors such as experience, performance, and promotions. On average, a Territory Manager Bancassurance can expect the following growth trajectory at ICICI Prudential Life Insurance:

Experience Average Salary Range
1 year ₹5.4 Lakhs to ₹6.9 Lakhs per year
2 years ₹5.2 Lakhs to ₹6.6 Lakhs per year
3 years ₹3.5 Lakhs to ₹4.4 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Prudential Life Insurance Territory Manager Bancassurance salary in India ranges between ₹2.6 Lakhs to ₹6 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.