Max Life Insurance Banking Relationship Manager Salaries by 4 Employees (Updated 2025)

3 - 8 years exp.

₹2.4 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Banking Relationship Manager Salary in Insurance Companies for 3 - 8 years of experience

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Salaries in different departments

Sales & Business Development Banking Relationship Manager Salary 3 - 8 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹5 L/yr
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BFSI, Investments & Trading Banking Relationship Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4 L/yr

Last Updated: 4 Jan 2025

Companies similar to Max Life Insurance for Banking Relationship Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Banking Relationship Manager Salary 0 - 9 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 16% less
HDFC Life Banking Relationship Manager Salary 0 - 9 years exp. (4 salaries)	₹2.8 L/yr - ₹6 L/yr 15% more
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SBI Life Insurance Company Banking Relationship Manager Salary 3 - 6 years exp. (3 salaries)	₹4.4 L/yr - ₹5.5 L/yr 34% more
Bajaj Allianz Life Insurance Banking Relationship Manager Salary 2 - 6 years exp. (5 salaries)	₹2.8 L/yr - ₹4 L/yr 4% less
Reliance Nippon Life Insurance Banking Relationship Manager Salary 2 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹2.9 L/yr 30% less
Tata AIA Life Insurance Banking Relationship Manager Salary 2 - 5 years exp. (4 salaries)	₹4 L/yr - ₹5 L/yr 31% more
Aditya Birla Sun Life Insurance Banking Relationship Manager Salary 6 - 10 years exp. (3 salaries)	₹3 L/yr - ₹7 L/yr 28% more
PNB MetLife Banking Relationship Manager Salary 1 - 5 years exp. (5 salaries)	₹2.4 L/yr - ₹3.8 L/yr 16% less

Banking Relationship Manager salary at Max Life Insurance ranges between ₹2.4 Lakhs to ₹5 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Banking Relationship Manager salaries

Last Updated: 4 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Max Life Insurance

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Deputy Manager Salary

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Operations Executive Salary

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Service Engineer Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Salary related reviews for Max Life Insurance

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.

Salary - Bad

+6 more

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.

Salary - Poor

+6 more

Customer Service Executive in Bikaner

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 24 Sep 2019

5.0

for Salary and Benefits

Likes

Excellent all things

Salary - Excellent

+6 more

Dislikes

Compensation is decent and fast growing, no any work pressure. I have to work 15 to 18 hours straight in a day I have attended claint calls and manage all operation and admin work.

Business Development Manager in Meerut

Sales & Business Development Department

1.0

• posted on 05 Feb 2022

1.0

for Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

Dislikes

Salary - Bad

+4 more
Job security - Bad

+4 more

Operations Executive in Howrah

Operations Department

5.0

• posted on 02 Jun 2021

4.0

for Salary and Benefits

Likes

Very good company for both personal and professional growth.Employee centric.Friendly environment.Colleagues and seniors are very much co-operative which is very helpful for a new joinee.I shared a great relation with them.A very much customer oriented company when it comes to service.

Salary - Good

+6 more

Dislikes

Salary structure needs to improve for an off-role employee else everything is fine.

see more salary related reviews

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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 Banking Relationship Manager Salary FAQs

What is the salary of Banking Relationship Manager at Max Life Insurance?

Banking Relationship Manager salary at Max Life Insurance in India ranges between ₹2.4 Lakhs to ₹5.0 Lakhs for experience between 3 years to 8 years. According to our estimates it is 11% less than the average Banking Relationship Manager 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 Banking Relationship Manager at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Banking Relationship Manager at Max Life Insurance is 11% less than the average salary of a Banking Relationship Manager in India. To know exact salary insights, login to view.

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

SBI Life Insurance Company Banking Relationship Manager Salary - ₹4.4 Lakhs to ₹5.5 Lakhs per year
Tata AIA Life Insurance Banking Relationship Manager Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Sun Life Insurance Banking Relationship Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
HDFC Life Banking Relationship Manager Salary - ₹2.8 Lakhs to ₹6.0 Lakhs per year

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

Bajaj Allianz Life Insurance Banking Relationship Manager Salary - ₹2.8 Lakhs to ₹4.0 Lakhs per year
PNB MetLife Banking Relationship Manager Salary - ₹2.4 Lakhs to ₹3.8 Lakhs per year
ICICI Prudential Life Insurance Banking Relationship Manager Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
Reliance Nippon Life Insurance Banking Relationship Manager Salary - ₹2.4 Lakhs to ₹2.9 Lakhs per year

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

The estimated take-home salary of a Banking Relationship Manager at Max Life Insurance ranges between ₹26,619 per month to ₹28,034 per month in India. The take-home salary calculation is based on the average Max Life Insurance Banking Relationship Manager salary in India which ranges between ₹2.4 Lakhs to ₹5.0 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Banking Relationship Manager at Max Life Insurance?

According to AmbitionBox, 67% of the Max Life Insurance Banking Relationship Managers reported a notice period of 2 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Max Life Insurance Banking Relationship Manager Salaries

Max Life Insurance Banking Relationship Manager salary in India ranges between ₹2.4 Lakhs to ₹5 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.