Max Life Insurance Bancassurance Officer Salaries by 20+ Employees (Updated 2025)

1 - 5 years exp.

₹2.1 Lakhs - ₹4 Lakhs

Salary of majority employees

5% less than the average Bancassurance Officer Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Bancassurance Officer Salary 1 - 5 years exp. (8 salaries)	₹2.2 L/yr - ₹4 L/yr
Sales & Business Development Bancassurance Officer Salary 2 - 3 years exp. (3 salaries)	₹2.4 L/yr - ₹2.7 L/yr
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Customer Success, Service & Operations Bancassurance Officer Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.2 L/yr

Last Updated: 26 Dec 2024

Companies similar to Max Life Insurance for Bancassurance Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Life Bancassurance Officer Salary 0 - 5 years exp. (73 salaries)	₹1.5 L/yr - ₹4.5 L/yr 8% more
ICICI Prudential Life Insurance Bancassurance Officer Salary 1 - 5 years exp. (19 salaries)	₹1.5 L/yr - ₹4.3 L/yr 2% more
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SBI Life Insurance Company Bancassurance Officer Salary 1 - 7 years exp. (5 salaries)	₹2.6 L/yr - ₹4 L/yr 24% more
Bajaj Allianz Life Insurance Bancassurance Officer Salary 1 - 5 years exp. (10 salaries)	₹2.3 L/yr - ₹3.3 L/yr 2% more
Tata AIA Life Insurance Bancassurance Officer Salary 0 - 5 years exp. (70 salaries)	₹2.1 L/yr - ₹3.5 L/yr 3% more
Aditya Birla Sun Life Insurance Bancassurance Officer Salary 0 - 5 years exp. (13 salaries)	₹2.3 L/yr - ₹4 L/yr 16% more
Cholamandalam MS General Insurance Bancassurance Officer Salary 0 - 8 years exp. (13 salaries)	₹2.3 L/yr - ₹3.7 L/yr 18% more
HDFC Ergo General Insurance Bancassurance Officer Salary 2 - 5 years exp. (12 salaries)	₹2.5 L/yr - ₹4.3 L/yr 19% more
Star Union Dai-ichi Life Insurance Bancassurance Officer Salary 0 - 4 years exp. (7 salaries)	₹2.2 L/yr - ₹3.1 L/yr 4% less
PNB MetLife Bancassurance Officer Salary 1 - 5 years exp. (7 salaries)	₹2.7 L/yr - ₹3.8 L/yr 9% more
ICICI Lombard General Insurance Company Bancassurance Officer Salary 1 - 6 years exp. (6 salaries)	₹3 L/yr - ₹3.6 L/yr 21% more
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Life Insurance Corporation of India Bancassurance Officer Salary 2 - 11 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 8% less
Bajaj Allianz General Insurance Bancassurance Officer Salary 1 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹3 L/yr 17% less
Kotak Mahindara Life Insurance Bancassurance Officer Salary 1 - 7 years exp. (4 salaries)	₹2.7 L/yr - ₹4.5 L/yr 34% more
ManipalCigna Health Insurance Bancassurance Officer Salary 1 - 8 years exp. (4 salaries)	₹2.2 L/yr - ₹5.2 L/yr 24% more
Care Health Insurance Bancassurance Officer Salary 1 - 13 years exp. (4 salaries)	₹2.4 L/yr - ₹2.5 L/yr 10% less
Shriram Life Insurance Bancassurance Officer Salary 3 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 26% less
SBI General Insurance Bancassurance Officer Salary 2 - 3 years exp. (3 salaries)	₹2 L/yr - ₹3.8 L/yr 7% less

Bancassurance Officer salary at Max Life Insurance ranges between ₹2.1 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 21 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Bancassurance Officer salaries

Last Updated: 26 Dec 2024

Experience	Avg Annual Salary
1 year (6 salaries)	₹2 L/yr - ₹3 L/yr
2 years (6 salaries)	₹2 L/yr - ₹3.2 L/yr
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3 years (5 salaries)	₹2.2 L/yr - ₹4 L/yr
4 years (3 salaries)	₹2.5 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5 L/yr

Similar Designation salaries in Max Life Insurance

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₹3.5 L/yr - ₹7.15 L/yr

Salary related reviews for Max Life Insurance

2.1

Rated by 6 employees for salary & benefits

Bancassurance Officer in Ernakulam

Bancassurance Department

4.0

• posted on 20 Sep 2018

3.0

for Salary and Benefits

Likes

Best manager I ever had. Friendly caring person over all. Job was good. No pressure and stress help in every section.

Dislikes

...tty less most of the time and you have to take initiative if you need some help. Pay was also not so good should have included some travel allowance.

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.

Deputy Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 05 Jan 2024

1.0

for Salary and Benefits

Likes

To be very honest . Leaders are not at all good. They don’t treat people with respect. Just Bogus Company I ever worked with.

Dislikes

Everything. Full of Politics. Managers and leaders are not at all good.. Doesn’t provide Exact salary. And the KRA’s don’t match what they said during Interview.

Sales Manager in New Delhi

Full Time

Sales Department

2.0

• posted on 26 Nov 2022

2.0

for Salary and Benefits

Likes

...hing About Likes and dislike as company is not my Girlfriend or spouse to love There is only one rule once you perform for any company company will pay. Once you are not favourite for your manager you have to leave the company. No employee want to change the job real truth is employee change their manager.

Financial Sales Manager in South Kolkata

Full Time

Sales & Business Development Department

4.0

• posted on 27 Oct 2023

4.0

for Salary and Benefits

Likes

Training only.

Dislikes

...s are not coming Branch and dont meet Branch head or bsm /Ssm... Big politics . Salary hike is very nominal hike.!!.

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2w (edited)

a social media specialist

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 Bancassurance Officer Salary FAQs

What is the salary of Bancassurance Officer at Max Life Insurance?

Bancassurance Officer salary at Max Life Insurance in India ranges between ₹2.1 Lakhs to ₹4.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 5% less than the average Bancassurance Officer Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Bancassurance Officer at Max Life Insurance is 5% less than the average salary of a Bancassurance Officer in India. To know exact salary insights, login to view.

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

Kotak Mahindara Life Insurance Bancassurance Officer Salary - ₹2.7 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company Bancassurance Officer Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year
ManipalCigna Health Insurance Bancassurance Officer Salary - ₹2.2 Lakhs to ₹5.2 Lakhs per year
ICICI Lombard General Insurance Company Bancassurance Officer Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year
HDFC Ergo General Insurance Bancassurance Officer Salary - ₹2.5 Lakhs to ₹4.3 Lakhs per year

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

Cholamandalam MS General Insurance Bancassurance Officer Salary - ₹2.3 Lakhs to ₹3.7 Lakhs per year
Aditya Birla Sun Life Insurance Bancassurance Officer Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
PNB MetLife Bancassurance Officer Salary - ₹2.7 Lakhs to ₹3.8 Lakhs per year
HDFC Life Bancassurance Officer Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
Tata AIA Life Insurance Bancassurance Officer Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Bancassurance Officer at Max Life Insurance ranges between ₹19,230 per month to ₹20,905 per month in India. The take-home salary calculation is based on the average Max Life Insurance Bancassurance Officer salary in India which ranges between ₹2.1 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 55% of the Max Life Insurance Bancassurance Officers reported a notice period of 2 Months, 27% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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Max Life Insurance Bancassurance Officer Salaries

Max Life Insurance Bancassurance Officer salary in India ranges between ₹2.1 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Max Life Insurance latest salaries received from various employees of Max Life Insurance.