Max Life Insurance Area Manager Bancassurance Salaries by 4 Employees (Updated 2025)

7 - 16 years exp.

₹10.8 Lakhs - ₹14.8 Lakhs

Low Confidence

Salary of majority employees

28% more than the average Area Manager Bancassurance Salary in Insurance Companies for 7 - 16 years of experience

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Last Updated: 19 Oct 2024

Companies similar to Max Life Insurance for Area Manager Bancassurance

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Manager Bancassurance Salary 10 - 12 years exp. (3 salaries)	₹9.6 L/yr - ₹11 L/yr 21% less
SBI Life Insurance Company Area Manager Bancassurance Salary 9 - 21 years exp. (10 salaries)	₹6.5 L/yr - ₹10.2 L/yr 37% less
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Bajaj Allianz Life Insurance Area Manager Bancassurance Salary 10 - 16 years exp. (5 salaries)	₹6.4 L/yr - ₹10 L/yr 37% less
Tata AIA Life Insurance Area Manager Bancassurance Salary 14 - 17 years exp. (3 salaries)	₹12.6 L/yr - ₹13 L/yr At par
Niva Bupa Health Insurance Company Area Manager Bancassurance Salary 14 - 19 years exp. (4 salaries)	₹10 L/yr - ₹13.3 L/yr 13% less

Area Manager Bancassurance salary at Max Life Insurance ranges between ₹10.8 Lakhs to ₹14.8 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Area Manager Bancassurance salaries

Last Updated: 19 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹10.8 L/yr
8 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹19.9 L/yr
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9 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
10 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
11 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
12 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
13 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr
14 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
15+ years (AmbitionBox Estimate)	₹5.9 L/yr - ₹14.8 L/yr

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Salary related reviews for Max Life Insurance

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Office Space Multiple business problems to solve.

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Salary Too much office politics. Sometimes good work is limited to some folks. Career growth opportunities are limited to only some section of the teams

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1.0

• posted on 01 Oct 2024

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Salary on time

Dislikes

Worst management and HR. Management torture Lower level staff for business. Even HR also support manager and they take concall for business. Worst working conditions in Max life Cooperative banca channel I have seen in my life time.

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Nothing good here

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...arget is not complete. Target is so high that you will never receive incentives. Pay is too less and pressure, toxicity and politics is too high.

Agency Development Manager in New Delhi

Full Time

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1.0

• posted on 09 Aug 2023

4.0

for Salary and Benefits

Likes

Salary is good

Dislikes

Lack of training, harrasment candidate for work , lack of field help , managers are not supportive they just bark but don't motivate agency manager at every hour . Mentally torture the candidate for work and pressurized day night equally, call anytime without thinking it's an off or weak day holiday. Never think about personal life also the manager are shameless because they trespass their manager homes without intimation and do misbehave with everyone in office. The management is not good so do not join max life

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Max Life Insurance Area Manager Bancassurance Salary FAQs

What is the salary of Area Manager Bancassurance at Max Life Insurance?

Area Manager Bancassurance salary at Max Life Insurance in India ranges between ₹10.8 Lakhs to ₹14.8 Lakhs for experience between 7 years to 16 years. According to our estimates it is 28% more than the average Area Manager Bancassurance Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Area Manager Bancassurance at Max Life Insurance is 28% more than the average salary of a Area Manager Bancassurance in India. To know exact salary insights, login to view.

Which similar companies are paying more than Max Life Insurance to a Area Manager Bancassurance in India?

Tata AIA Life Insurance Area Manager Bancassurance Salary - ₹12.6 Lakhs to ₹13.0 Lakhs per year

What is the salary of a Area Manager Bancassurance in companies similar to Max Life Insurance in India?

Niva Bupa Health Insurance Company Area Manager Bancassurance Salary - ₹10.0 Lakhs to ₹13.3 Lakhs per year
ICICI Prudential Life Insurance Area Manager Bancassurance Salary - ₹9.6 Lakhs to ₹11.0 Lakhs per year
Bajaj Allianz Life Insurance Area Manager Bancassurance Salary - ₹6.4 Lakhs to ₹10.0 Lakhs per year
SBI Life Insurance Company Area Manager Bancassurance Salary - ₹6.5 Lakhs to ₹10.2 Lakhs per year

What is the estimated take home salary of a Area Manager Bancassurance at Max Life Insurance in India?

The estimated take-home salary of a Area Manager Bancassurance at Max Life Insurance ranges between ₹90,433 per month to ₹92,811 per month in India. The take-home salary calculation is based on the average Max Life Insurance Area Manager Bancassurance salary in India which ranges between ₹10.8 Lakhs to ₹14.8 Lakhs per year for employees with experience between 7 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Area Manager Bancassurance at Max Life Insurance?

According to AmbitionBox, 100% of the Max Life Insurance Area Manager Bancassurances reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Max Life Insurance Area Manager Bancassurance Salaries

Max Life Insurance Area Manager Bancassurance salary in India ranges between ₹10.8 Lakhs to ₹14.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Max Life Insurance latest salaries received from various employees of Max Life Insurance.