Max Life Insurance Bancassurance Salaries by 3 Employees (Updated 2025)

2 - 8 years exp.

₹3.2 Lakhs - ₹3.4 Lakhs

Low Confidence

Salary of majority employees

At par with the average Bancassurance Salary in Insurance Companies for 2 - 8 years of experience

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Last Updated: 8 Oct 2024

Companies similar to Max Life Insurance for Bancassurance

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Bancassurance Salary 0 - 2 years exp. (4 salaries)	₹2.5 L/yr - ₹3.1 L/yr 10% less
HDFC Life Bancassurance Salary 0 - 6 years exp. (11 salaries)	₹1.8 L/yr - ₹5 L/yr 17% more	7 job openings
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SBI Life Insurance Company Bancassurance Salary 3 - 8 years exp. (5 salaries)	₹2.8 L/yr - ₹4.2 L/yr 1% more
Bajaj Allianz Life Insurance Bancassurance Salary 5 - 8 years exp. (3 salaries)	₹3.1 L/yr - ₹3.3 L/yr 4% less
Tata AIA Life Insurance Bancassurance Salary 0 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹5 L/yr 6% more	4 job openings
PNB MetLife Bancassurance Salary 1 - 8 years exp. (3 salaries)	₹3.2 L/yr - ₹4.1 L/yr 15% more
Star Union Dai-ichi Life Insurance Bancassurance Salary 0 - 3 years exp. (4 salaries)	₹2.8 L/yr - ₹3.3 L/yr 8% less
Star Health & Allied Insurance Bancassurance Salary 2 - 6 years exp. (3 salaries)	₹2.8 L/yr - ₹3.8 L/yr 1% less

Bancassurance salary at Max Life Insurance ranges between ₹3.2 Lakhs to ₹3.4 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Bancassurance salaries

Last Updated: 8 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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8 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

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Top skills at Max Life Insurance for Bancassurance

Bancassurance Sales Process Financial Services Sales Training Administration

Salary related reviews for Max Life Insurance

Relationship Associate in Raipur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Jul 2024

1.0

for Salary and Benefits

Likes

Job security

Dislikes

Appraisal depends upon reporting manager, new candidates came with higher package but old employees voice can not get into company ear because of team leaders. Competition are very good in this situation.

Salary - Bad

+5 more

Associate Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 01 Oct 2024

2.0

for Salary and Benefits

Likes

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.

Salary - Poor

+6 more

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Aug 2023

4.0

for Salary and Benefits

Likes

Salary is good

Salary - Good

+1 more

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

Skill development - Bad

+4 more

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 16 Sep 2023

5.0

for Salary and Benefits

Likes

Pay and perk is good. Promotion opportunities are really good.

Salary - Excellent

+2 more

Dislikes

No support from Seniors. No discipline, only they need result even if you are new. They will start poking you and also not ready to support you.

Agency Development Manager in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 30 Nov 2022

1.0

for Salary and Benefits

Likes

Good Local management, training program also good.

Dislikes

Fake commitment from hr department before joining about in hand salary, After joining totally different in hand salary coming. When I talk zonal hr she is not giving a proper solution. Also they are sending employees for field work but they are not paying petrol expenses to employees. Means you have not earn anything in your take home salary hike. Hr department is to much confused and roude. Saturday Sunday working. Also daily 9.30 to 8.00 timing average. Means no work life balance. Also you can develop advisor from your own contact and relations. Company don't have any data.

Salary - Bad

+4 more

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What people are saying about Max Life Insurance

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thickraspberry

works at

B P Oil Mills

Facing Toxic Culture and Management Issues.

I joined Axis Max Life Insurance, on 24 Dec 2024, After 11 Jan 2025 I started receiving hate and toxic culture from the female L1 Manager BRM. On Axis Max Life Insurance. Because I refused to do their personal work and work on the week off. Because I'm not the licking Employee. Now the female manager starts harassing me. The branch didn't even have the security CCTV Cameras so I don't have a Recording. But I have witnesses. She is too toxic And I feel mentally drained and harassing. What should I do because she is female I can't take unnecessary action. Please share the thoughts and advice and need help asap.

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Max Life Insurance Bancassurance Salary FAQs

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

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

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Max Life Insurance Bancassurance Salaries

Max Life Insurance Bancassurance salary in India ranges between ₹3.2 Lakhs to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Max Life Insurance latest salaries received from various employees of Max Life Insurance.