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

3 - 8 years exp.

₹2.4 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

12% 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 Axis Max Life Insurance for Banking Relationship Manager

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

Banking Relationship Manager salary at Axis 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 Axis Max Life Insurance.

Experience wise Axis 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

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Salary related reviews for Axis 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
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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Axis Max Life Insurance Banking Relationship Manager Salary FAQs

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

The average salary of a Banking Relationship Manager at Axis Max Life Insurance in India typically ranges from ₹2.4 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Banking Relationship Manager at Axis Max Life Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Banking Relationship Manager Salaries at Axis Max Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Banking Relationship Manager at Axis Max Life Insurance in India typically ranges from ₹26,619 to ₹28,034 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 3 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Axis Max Life Insurance for Banking Relationship Manager in India?

SBI Life Insurance Company	₹4.4 Lakhs to ₹5.5 Lakhs per year
Tata AIA Life Insurance	₹4.0 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹3.0 Lakhs to ₹7.0 Lakhs per year
HDFC Life	₹2.8 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz Life Insurance	₹3.5 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Max Life Insurance, depending on the role and experience level.

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

The salary of a Banking Relationship Manager at companies similar to Axis Max Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

PNB MetLife	₹2.4 Lakhs to ₹3.8 Lakhs per year
ICICI Prudential Life Insurance	₹2.5 Lakhs to ₹3.5 Lakhs per year
Reliance Nippon Life Insurance	₹2.4 Lakhs to ₹2.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Banking Relationship Manager at Axis Max Life Insurance in India?

The salary growth for a Banking Relationship Manager at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Banking Relationship Manager can expect the following growth trajectory at Axis Max Life Insurance:

Experience	Average Salary Range
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
5 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
8 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Axis Max Life Insurance Banking Relationship Manager Salaries

Axis 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 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.