Max Life Insurance Bangalore / Bengaluru Business Development Manager Salaries by 5 Employees (Updated 2025)

2 - 8 years exp.

₹4 Lakhs - ₹6.9 Lakhs

Salary of majority employees

32% less than the average Business Development Manager Salary in Insurance Companies for 2 - 8 years of experience

Interested in this particular role? 1 job opening

Last Updated: 25 Jan 2024

Companies similar to Max Life Insurance for Business Development Manager in Bangalore / Bengaluru

Max Life Insurance Business Development Manager Salary

2 - 8 years exp. (5 salaries)

₹4 L/yr - ₹6.9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Business Development Manager Salary 0 - 9 years exp. (90 salaries)	₹1.8 L/yr - ₹5 L/yr 29% less	19 job openings
Bajaj Allianz Life Insurance Business Development Manager Salary 0 - 7 years exp. (10 salaries)	₹3.5 L/yr - ₹5.1 L/yr 17% less
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Tata AIA Life Insurance Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.4 L/yr 38% less
SBI Life Insurance Company Business Development Manager Salary 0 - 13 years exp. (100 salaries)	₹2.7 L/yr - ₹6.5 L/yr 5% less
Kotak Mahindara Life Insurance Business Development Manager Salary 2 - 12 years exp. (6 salaries)	₹2.2 L/yr - ₹8.9 L/yr 4% more	2 job openings
Bharti AXA Life Insurance Business Development Manager Salary 4 - 9 years exp. (3 salaries)	₹4.5 L/yr - ₹8 L/yr 4% more
SBI General Insurance Business Development Manager Salary 0 - 8 years exp. (27 salaries)	₹2 L/yr - ₹5 L/yr 27% less	11 job openings
Bajaj Allianz General Insurance Business Development Manager Salary 3 - 12 years exp. (9 salaries)	₹4 L/yr - ₹5.5 L/yr 6% less	9 job openings
ICICI Lombard General Insurance Company Business Development Manager Salary 0 - 12 years exp. (7 salaries)	₹1.1 L/yr - ₹8.8 L/yr 7% less
Aditya Birla Sun Life Insurance Business Development Manager Salary 4 - 8 years exp. (7 salaries)	₹4.1 L/yr - ₹5 L/yr 16% less

Business Development Manager salary at Max Life Insurance ranges between ₹4 Lakhs to ₹6.9 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Business Development Manager salaries in Bangalore / Bengaluru

Last Updated: 25 Jan 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.4 L/yr
3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.9 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹9.1 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹9.3 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
8 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.9 L/yr

View all

Similar Designation salaries in Max Life Insurance

Assistant Sales Manager Salary

(18 salaries)

₹2.6 L/yr - ₹4.5 L/yr

Top skills at Max Life Insurance for Business Development Manager

Recruitment Management Sales Promotion Networking IRDA Monitoring Relationship Building Team Development Recruitment IRDA Life Insurance Relationship Building Sales Promotion Team Development Computer Networking

Salary related reviews for Max Life Insurance

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

Business Development Manager in Tirunelveli

Marketing & Communication Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

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

Branch Manager

Sales BD Department

5.0

• posted on 21 Dec 2018

5.0

for Salary and Benefits

Likes

It was very nice expierence to work with Max,very good teammates, nice growth appraisal excellent good salary Yes there is politics ay higher level high mode learning as per industry standards. It was turning point of my life.

Salary - Excellent

+6 more

Dislikes

Nothing Nothing Nothing

see more salary related reviews

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What people are saying about Max Life Insurance

View All

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 Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Max Life Insurance Bangalore / Bengaluru?

Business Development Manager salary at Max Life Insurance in Bangalore / Bengaluru ranges between ₹4.0 Lakhs to ₹6.9 Lakhs for experience between 2 years to 8 years. According to our estimates it is 32% less than the average Business Development Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Max Life Insurance Bangalore / Bengaluru.

How does the salary of a Business Development Manager at Max Life Insurance Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Business Development Manager at Max Life Insurance is 32% less than the average salary of a Business Development Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Manager at Max Life Insurance?

Recruitment, Management, Sales Promotion, Networking and IRDA are some of the popular skills required to work as a Business Development Manager at Max Life Insurance Bangalore / Bengaluru.

Which similar companies are paying more than Max Life Insurance to a Business Development Manager in Bangalore / Bengaluru?

Bharti AXA Life Insurance Business Development Manager Salary - ₹4.5 Lakhs to ₹8.0 Lakhs per year
Kotak Mahindara Life Insurance Business Development Manager Salary - ₹2.2 Lakhs to ₹8.9 Lakhs per year

What is the salary of a Business Development Manager in companies similar to Max Life Insurance in Bangalore / Bengaluru?

SBI Life Insurance Company Business Development Manager Salary - ₹2.7 Lakhs to ₹6.5 Lakhs per year
Bajaj Allianz General Insurance Business Development Manager Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
ICICI Lombard General Insurance Company Business Development Manager Salary - ₹1.1 Lakhs to ₹8.8 Lakhs per year
Aditya Birla Sun Life Insurance Business Development Manager Salary - ₹4.1 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz Life Insurance Business Development Manager Salary - ₹3.5 Lakhs to ₹5.1 Lakhs per year

What is the estimated take home salary of a Business Development Manager at Max Life Insurance in Bangalore / Bengaluru?

The estimated take-home salary of a Business Development Manager at Max Life Insurance ranges between ₹38,598 per month to ₹39,784 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Max Life Insurance Business Development Manager salary in India which ranges between ₹4.0 Lakhs to ₹6.9 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Max Life Insurance in Bangalore / Bengaluru?

According to AmbitionBox, 50% of the Max Life Insurance Business Development Managers in Bangalore / Bengaluru reported a notice period of 1 Month, 33% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Max Life Insurance Business Development Manager Salaries in Bangalore / Bengaluru

Max Life Insurance Business Development Manager salary in Bangalore / Bengaluru ranges between ₹4 Lakhs to ₹6.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Max Life Insurance latest salaries received from various employees of Max Life Insurance.

Max Life Insurance Business Development Manager salaries in Bangalore / Bengaluru

Companies similar to Max Life Insurance for Business Development Manager in Bangalore / Bengaluru

Latest annual salaries shared by Max Life Insurance Business Development Manager in Bangalore / Bengaluru

Experience wise Max Life Insurance Business Development Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in Max Life Insurance

Top skills at Max Life Insurance for Business Development Manager

Salary related reviews for Max Life Insurance

Business Development Manager in Meerut

Business Development Manager in Tirunelveli

Deputy Manager in Kolkata

Sales Manager in New Delhi

Branch Manager

Max Life Insurance Business Development Manager Salary FAQs

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