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Axis Max Life Insurance Cluster Manager Banca salaries in India

Annual salary range
7 - 17 years exp.
₹9 Lakhs - ₹12.3 Lakhs
Salary of majority employees
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51% more than the average Cluster Manager Banca Salary in Insurance Companies for 7 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Cluster Manager Banca Salary
14 - 17 years exp. (5 salaries)
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₹10.5 L/yr - ₹12.3 L/yr

Customer Success, Service & Operations
Cluster Manager Banca Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹11 L/yr - ₹14.2 L/yr

Finance & Accounting
Cluster Manager Banca Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹7.4 L/yr - ₹9 L/yr

Sales & Business Development
Cluster Manager Banca Salary
7 years exp. (AmbitionBox Estimate)
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₹10 L/yr - ₹11.8 L/yr

Last Updated: 21 Dec 2024

Companies similar to Axis Max Life Insurance for Cluster Manager Banca

Company name Avg Annual Salary Open Jobs
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HDFC Life Cluster Manager Banca Salary

7 - 16 years exp. (46 salaries)

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₹7 L/yr - ₹11.5 L/yr

arrow icon 14% less
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₹6 L/yr - ₹12.6 L/yr

arrow icon 26% less
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₹5 L/yr - ₹9.8 L/yr

arrow icon 38% less
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₹6 L/yr - ₹10 L/yr

arrow icon 29% less
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₹5.5 L/yr - ₹13 L/yr

arrow icon 17% less
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₹4.4 L/yr - ₹6 L/yr

arrow icon 52% less
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₹7 L/yr - ₹10 L/yr

arrow icon 18% less
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₹4.6 L/yr - ₹4.9 L/yr

arrow icon 55% less
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₹6.5 L/yr - ₹18 L/yr

arrow icon 4% less
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₹7.5 L/yr - ₹10 L/yr

arrow icon 18% less
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₹8 L/yr - ₹12 L/yr

arrow icon 6% less
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PNB MetLife Cluster Manager Banca Salary

6 - 9 years exp. (3 salaries)

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₹4 L/yr - ₹5.8 L/yr

arrow icon 51% less
Cluster Manager Banca salary at Axis Max Life Insurance ranges between ₹9 Lakhs to ₹12.3 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 13 latest salaries received from various employees of Axis Max Life Insurance.

Latest annual salaries shared by Axis Max Life Insurance Cluster Manager Banca

2mo ago
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9 years exp.
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8 years exp.
4mo ago
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16 years exp.
7mo ago
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7 years exp.
9mo ago
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15 years exp.
11mo ago
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17 years exp.
1y ago
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14 years exp.
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16 years exp.
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7 years exp.
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8 years exp.

Experience wise Axis Max Life Insurance Cluster Manager Banca salaries

Last Updated: 21 Dec 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹10 L/yr - ₹11 L/yr
8 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11 L/yr
9 years (AmbitionBox Estimate)

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₹9 L/yr - ₹18.4 L/yr
10 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.8 L/yr
11 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr
View all

Similar Designation salaries in Axis Max Life Insurance

Cluster Manager Salary
(207 salaries)
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₹5 L/yr - ₹14 L/yr
Area Manager Salary
(267 salaries)
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₹4.2 L/yr - ₹13 L/yr
Deputy Manager Salary
(825 salaries)
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₹2.4 L/yr - ₹8.5 L/yr
Sales Manager Salary
(613 salaries)
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₹2.7 L/yr - ₹6.22 L/yr
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₹3.5 L/yr - ₹7.25 L/yr
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₹1.1 L/yr - ₹7.03 L/yr
Business Sales Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
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₹2.4 L/yr - ₹5.15 L/yr
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₹2.65 L/yr - ₹7 L/yr
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₹3 L/yr - ₹5.8 L/yr

Salary related reviews for Axis Max Life Insurance

3.0

Rated by 5 employees for salary & benefits

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.

read more
  • Salary - Poor
  • +6 more

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.

read more

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.

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 27 Oct 2023

4.0
 for  Salary and Benefits

Likes

Training only.

  • Salary - Good
  • +2 more

Dislikes

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

read more
  • Work satisfaction - Poor

BFSI, Investments & Trading Department

5.0
  •  posted on 21 May 2022

4.0
 for  Salary and Benefits

Likes

Good work environment and culture, and it's best organisation to build soft skill and management is very supportive.

  • Salary - Good
  • +6 more

Dislikes

Company expectation is very high and compensation & benefits are lesser than according to this

see more salary related reviews

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Axis Max Life Insurance Cluster Manager Banca Salary FAQs

What is the salary of Cluster Manager Banca at Axis Max Life Insurance ?
The average salary of a Cluster Manager Banca at Axis Max Life Insurance in India typically ranges from ₹9.0 Lakhs to ₹12.3 Lakhs per year, depending on experience (from 7 years to 17 years).

The top 10% of Cluster Manager Banca at Axis Max Life Insurance earn more than ₹12.1 Lakhs per year, and the top 1% earn over ₹12.3 Lakhs per year. Cluster Manager Banca 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 10+ Axis Max Life Insurance employees in India.
What is the estimated take home salary of a Cluster Manager Banca at Axis Max Life Insurance in India?
The estimated take-home salary of a Cluster Manager Banca at Axis Max Life Insurance in India typically ranges from ₹76,679 to ₹78,668 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹12.3 Lakhs per year for employees with experience ranging from 7 years to 17 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 10+ salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Cluster Manager Banca in companies similar to Axis Max Life Insurance in India?
The salary of a Cluster Manager Banca 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:

ICICI Prudential Life Insurance ₹6.5 Lakhs to ₹18.0 Lakhs per year
ICICI Lombard General Insurance Company ₹8.0 Lakhs to ₹12.0 Lakhs per year
HDFC Life ₹7.0 Lakhs to ₹11.5 Lakhs per year
Kotak Mahindara Life Insurance ₹5.5 Lakhs to ₹13.0 Lakhs per year
SBI General Insurance ₹7.5 Lakhs to ₹10.0 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.
How the salary growth look like for a Cluster Manager Banca at Axis Max Life Insurance in India?
The salary growth for a Cluster Manager Banca at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Cluster Manager Banca can expect the following growth trajectory at Axis Max Life Insurance:

Experience Average Salary Range
7 years ₹10.0 Lakhs to ₹11.0 Lakhs per year
8 years ₹9.0 Lakhs to ₹11.0 Lakhs per year
9 years ₹9.0 Lakhs to ₹18.4 Lakhs per year
10 years ₹9.3 Lakhs to ₹11.8 Lakhs per year
and so on.

Tell us how to improve this page.

Axis Max Life Insurance Cluster Manager Banca salary in India ranges between ₹9 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.