Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salaryAt par with the average BDM Salary in Insurance Companies for 1 - 12 years of experience
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Salaries in different departments
BFSI, Investments & Trading
BDM Salary
11 - 12
years
exp.
(AmbitionBox Estimate)
|  ₹5.8 L/yr - ₹7.2 L/yr |
Login to view exact salary
| |
Sales & Business Development
BDM Salary
9
years
exp.
(AmbitionBox Estimate)
| ₹4 L/yr - ₹5.3 L/yr |
Companies similar to Axis Max Life Insurance for BDM
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 SBI Life Insurance Company BDM Salary
2 - 10 years exp. (177 salaries) | ₹1.9 L/yr - ₹6.5 L/yr 
15%
less | |
 HDFC Life BDM Salary
0 - 10 years exp. (168 salaries) | ₹2 L/yr - ₹4.3 L/yr
34%
less | |
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| ||
 SBI General Insurance BDM Salary
1 - 7 years exp. (44 salaries) | ₹2 L/yr - ₹4.5 L/yr
34%
less | |
 Bajaj Allianz Life Insurance BDM Salary
0 - 13 years exp. (26 salaries) | ₹3.4 L/yr - ₹5.2 L/yr
16%
less | |
 Bajaj Allianz General Insurance BDM Salary
2 - 16 years exp. (8 salaries) | ₹4 L/yr - ₹6.8 L/yr 
11%
more | |
 Aditya Birla Sun Life Insurance BDM Salary
1 - 10 years exp. (7 salaries) | ₹3 L/yr - ₹5.8 L/yr
19%
less | |
 Shriram Life Insurance BDM Salary
0 - 9 years exp. (6 salaries) | ₹2.2 L/yr - ₹6.2 L/yr
29%
less | |
 Reliance Nippon Life Insurance BDM Salary
3 - 9 years exp. (5 salaries) | ₹3.2 L/yr - ₹4.5 L/yr
26%
less | |
 Tata AIA Life Insurance BDM Salary
3 - 11 years exp. (5 salaries) | ₹2.8 L/yr - ₹3.3 L/yr
42%
less | |
 Star Union Dai-ichi Life Insurance BDM Salary
1 - 5 years exp. (5 salaries) | ₹2 L/yr - ₹5 L/yr
25%
less | |
 ICICI Prudential Life Insurance BDM Salary
1 - 4 years exp. (4 salaries) | ₹3 L/yr - ₹3.5 L/yr
41%
less | |
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| ||
 Life Insurance Corporation of India BDM Salary
0 - 6 years exp. (4 salaries) | ₹1.8 L/yr - ₹3.5 L/yr
48%
less | |
 ICICI Lombard General Insurance Company BDM Salary
4 - 10 years exp. (4 salaries) | ₹1.9 L/yr - ₹6.6 L/yr
29%
less | |
 Cholamandalam MS General Insurance BDM Salary
4 - 8 years exp. (4 salaries) | ₹2.8 L/yr - ₹10 L/yr
34%
more | |
 Kotak Mahindara Life Insurance BDM Salary
0 - 17 years exp. (4 salaries) | ₹4.5 L/yr - ₹8.8 L/yr
34%
more | |
 ManipalCigna Health Insurance BDM Salary
1 - 13 years exp. (4 salaries) | ₹3.4 L/yr - ₹6 L/yr
19%
less | |
Latest annual salaries shared by Axis Max Life Insurance BDM
Experience wise Axis Max Life Insurance BDM salaries
Last Updated: 13 Dec 2024
| Experience | Avg Annual Salary |
|---|---|
| 1 year (AmbitionBox Estimate) |
₹3.4
L/yr
- ₹9
L/yr
|
| 2 years (AmbitionBox Estimate) |
₹4.6
L/yr
- ₹5.8
L/yr
|
Login to view exact salary
| |
| 3 years (AmbitionBox Estimate) |
₹4.6
L/yr
- ₹5.9
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹4.6
L/yr
- ₹5.9
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹2.1
L/yr
- ₹6.5
L/yr
|
From
To
BDM
Lakhs/yr
1 - 12 years exp.
Regional Head
Lakhs/yr
7 - 22 years exp.
BDM
1 - 12 years exp.
Assistant Branch Manager
2 - 15 years exp.
28% hike
Area Manager
6 - 18 years exp.
22% hike
From
View 2 more levels
To
BDM
1 - 12 years exp.
Cluster Manager
6 - 15 years exp.
From
View 3 more levels
To
BDM
1 - 12 years exp.
Associate Regional Manager
7 - 29 years exp.
Similar Designation salaries in Axis Max Life Insurance
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Axis Max Life Insurance BDM Salary FAQs
The top 10% of BDM at Axis Max Life Insurance earn more than ₹7.2 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. BDM 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 6 Axis Max Life Insurance employees in India.
| Kotak Mahindara Life Insurance | ₹4.5 Lakhs to ₹8.8 Lakhs per year |
| Cholamandalam MS General Insurance | ₹2.8 Lakhs to ₹10.0 Lakhs per year |
| Bajaj Allianz General Insurance | ₹4.0 Lakhs to ₹6.8 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.
| SBI Life Insurance Company | ₹1.9 Lakhs to ₹6.5 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹3.4 Lakhs to ₹5.2 Lakhs per year |
| ManipalCigna Health Insurance | ₹3.4 Lakhs to ₹6.0 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹3.0 Lakhs to ₹5.8 Lakhs per year |
| Star Union Dai-ichi Life Insurance | ₹2.0 Lakhs to ₹5.0 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.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹3.4 Lakhs to ₹9.0 Lakhs per year |
| 2 years | ₹4.6 Lakhs to ₹5.8 Lakhs per year |
| 3 years | ₹4.6 Lakhs to ₹5.9 Lakhs per year |
| 4 years | ₹4.6 Lakhs to ₹5.9 Lakhs per year |
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Axis Max Life Insurance BDM salary
in
India
ranges between ₹3.4
Lakhs to ₹7.2
Lakhs with an average annual salary of
₹. Salary estimates are based on
6
Axis Max Life Insurance latest salaries received from various employees of
Axis Max Life Insurance.