IDFC Mutual Fund Bancassurance Sales Manager Salaries by Employees (Updated 2024)

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₹3.8 Lakhs - ₹4.8 Lakhs

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Last Updated: 28 Apr 2024

Companies similar to IDFC Mutual Fund for Bancassurance Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Bancassurance Sales Manager Salary 2 - 8 years exp. (33 salaries)	₹2 L/yr - ₹7.8 L/yr 3% more
Kotak Mahindara Life Insurance Bancassurance Sales Manager Salary 2 - 8 years exp. (10 salaries)	₹3.3 L/yr - ₹4.9 L/yr 11% less	14 job openings
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Tata AIA Life Insurance Bancassurance Sales Manager Salary 0 - 8 years exp. (7 salaries)	₹3.3 L/yr - ₹6.5 L/yr 5% more
Aditya Birla Sun Life Insurance Bancassurance Sales Manager Salary 0 - 6 years exp. (7 salaries)	₹3.3 L/yr - ₹4 L/yr 16% less
Cholamandalam MS General Insurance Bancassurance Sales Manager Salary 1 - 7 years exp. (7 salaries)	₹3 L/yr - ₹3.8 L/yr 24% less

Bancassurance Sales Manager salary at IDFC Mutual Fund ranges between ₹3.8 Lakhs to ₹4.8 Lakhs per year for employees with 4 years of experience. Salary estimates are based on 1 latest salaries received from various employees of IDFC Mutual Fund.

Similar Designation salaries in IDFC Mutual Fund

Assistant Sales Manager Salary

(3 salaries)

₹1.8 L/yr - ₹2.3 L/yr

Sales Manager Salary

(4 salaries)

₹3.5 L/yr - ₹8.5 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹6.6 L/yr - ₹8.4 L/yr

Relationship Manager Salary

(4 salaries)

₹2.4 L/yr - ₹6 L/yr

Senior Relationship Manager Salary

(5 salaries)

₹6.3 L/yr - ₹10 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Relationship Officer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Salary related reviews for IDFC Mutual Fund

Manager in Lucknow

Full Time

Sales & Business Development Department

2.0

• posted on 07 Jul 2023

1.0

for Salary and Benefits

Likes

Work culture is good up to some extent.

Dislikes

I must say worst ever HR policies. I dont believe after working 1.5 years, when I have resigned they fully recovered my last year bonus. Such a shameful act. People are in chill mood here, no one cares you work or not. Most of the people involve in fake claims only no work at all. Feel bad for the sponser of this company.

Operations Executive in Mumbai

Customer Success, Service & Operations Department

5.0

• posted on 18 Nov 2018

4.0

for Salary and Benefits

Likes

...under her. Currently working on contract basis but don't worry about it anytime. Salary always on time. Awesome teams member with whom does not feel workalcohic.

Dislikes

Always depending upon the reporting manager you will get to under.

Assistant Vice President

BFSI, Investments & Trading Department

2.0

• posted on 27 Mar 2018

2.0

for Salary and Benefits

Likes

Good Tools and Training.

Dislikes

Work-Life balance non-existent as company does not want to hire additional hands. You land-up doing all the work yourself. Seniors incompetent and non-understanding of your problems. Daily monitoring and concalls. Cannot focus and doing work.

VRM in Thane

Mutual fund Department

4.0

• posted on 19 Oct 2018

3.0

for Salary and Benefits

Likes

IDFC MF is a good AMC. The fact is that I was the part of this. This AMC motivate their employees and help to achieve their goals and take care of their employees needs. The peoples work in this AMC come from different backgrounds different cast work happily and we become like a family. I had started my career with IDFC and in future if again i got change to work with IDFC I will not miss the opportunity. IDFC is my favourite.

Dislikes

Gave the best to IDFC but still i am on off role.

Operations Executive in Patna

Customer Success, Service & Operations Department

4.0

• posted on 29 Oct 2018

1.0

for Salary and Benefits

Likes

I like the branch team with whom the cordination balance was good. Branch team was supportive and humble. The work culture created by team member will make you attract to work with company.

Dislikes

Top management does not think about the offrolls employee. No proper regular traings and workshops. Branch level team is good.

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IDFC Mutual Fund Bancassurance Sales Manager Salary FAQs

What is the notice period for Bancassurance Sales Manager at IDFC Mutual Fund?

According to AmbitionBox, 100% of the IDFC Mutual Fund Bancassurance Sales Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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IDFC Mutual Fund Bancassurance Sales Manager Salaries

IDFC Mutual Fund Bancassurance Sales Manager salary in India ranges between ₹3.8 Lakhs to ₹4.8 Lakhs. This is an estimate based on latest salaries received from employees of IDFC Mutual Fund.