Max Life Insurance DEP Manager, Sales Salaries by 10+ Employees (Updated 2025)

2 - 10 years exp.

₹3.5 Lakhs - ₹4.7 Lakhs

Salary of majority employees

52% less than the average DEP Manager, Sales Salary in Insurance Companies for 2 - 10 years of experience

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Salaries in different departments

Sales & Business Development DEP Manager, Sales Salary 4 - 10 years exp. (6 salaries)	₹3.5 L/yr - ₹4.7 L/yr
BFSI, Investments & Trading DEP Manager, Sales Salary 2 - 9 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
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Customer Success, Service & Operations DEP Manager, Sales Salary 5 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹4.6 L/yr

Last Updated: 27 Dec 2024

Companies similar to Max Life Insurance for DEP Manager, Sales

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance DEP Manager, Sales Salary 0 - 8 years exp. (50 salaries)	₹2.5 L/yr - ₹7 L/yr 29% more
HDFC Life DEP Manager, Sales Salary 1 - 4 years exp. (5 salaries)	₹2.4 L/yr - ₹6.6 L/yr 35% more
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SBI Life Insurance Company DEP Manager, Sales Salary 12 - 14 years exp. (4 salaries)	₹3 L/yr - ₹5.9 L/yr 44% more
Kotak Mahindara Life Insurance DEP Manager, Sales Salary 0 - 7 years exp. (51 salaries)	₹2.5 L/yr - ₹4.2 L/yr 14% less
Aditya Birla Sun Life Insurance DEP Manager, Sales Salary 2 - 7 years exp. (9 salaries)	₹3 L/yr - ₹9 L/yr 28% more
HDFC Ergo General Insurance DEP Manager, Sales Salary 6 - 10 years exp. (6 salaries)	₹5 L/yr - ₹7 L/yr 45% more
ICICI Lombard General Insurance Company DEP Manager, Sales Salary 6 - 8 years exp. (3 salaries)	₹5 L/yr - ₹6.5 L/yr 47% more
Cholamandalam MS General Insurance DEP Manager, Sales Salary 5 - 8 years exp. (3 salaries)	₹4.1 L/yr - ₹8.9 L/yr 63% more
Bajaj Allianz General Insurance DEP Manager, Sales Salary 10 - 14 years exp. (3 salaries)	₹9.9 L/yr - ₹11.4 L/yr 182% more
ManipalCigna Health Insurance DEP Manager, Sales Salary 7 - 15 years exp. (3 salaries)	₹4 L/yr - ₹7.2 L/yr 33% more
Care Health Insurance DEP Manager, Sales Salary 9 - 16 years exp. (3 salaries)	₹3.7 L/yr - ₹6 L/yr 15% more
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DEP Manager, Sales salary at Max Life Insurance ranges between ₹3.5 Lakhs to ₹4.7 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 12 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance DEP Manager, Sales salaries

Last Updated: 27 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.6 L/yr
3 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
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4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.9 L/yr
5 years (3 salaries)	₹3.5 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.6 L/yr
9 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.5 L/yr
10 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.7 L/yr

View all

Salary related reviews for Max Life Insurance

3.5

Rated by 6 employees for salary & benefits

Data Scientist in Gurgaon / Gurugram

Full Time

Data Science & Analytics Department

3.0

• posted on 01 Aug 2024

3.0

for Salary and Benefits

Likes

Office Space Multiple business problems to solve.

Dislikes

Salary Too much office politics. Sometimes good work is limited to some folks. Career growth opportunities are limited to only some section of the teams

Company culture - Poor

+1 more

Relationship Associate in Raipur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Jul 2024

1.0

for Salary and Benefits

Likes

Job security

Dislikes

Appraisal depends upon reporting manager, new candidates came with higher package but old employees voice can not get into company ear because of team leaders. Competition are very good in this situation.

Salary - Bad

+5 more

Associate Sales Manager in Mumbai

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.

Salary - Poor

+6 more

Associate in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 May 2024

1.0

for Salary and Benefits

Likes

Nothing good here

Dislikes

...arget is not complete. Target is so high that you will never receive incentives. Pay is too less and pressure, toxicity and politics is too high.

Salary - Bad

+6 more

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Aug 2023

4.0

for Salary and Benefits

Likes

Salary is good

Salary - Good

+1 more

Dislikes

Lack of training, harrasment candidate for work , lack of field help , managers are not supportive they just bark but don't motivate agency manager at every hour . Mentally torture the candidate for work and pressurized day night equally, call anytime without thinking it's an off or weak day holiday. Never think about personal life also the manager are shameless because they trespass their manager homes without intimation and do misbehave with everyone in office. The management is not good so do not join max life

Skill development - Bad

+4 more

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Discover interview dos and don'ts from real experiences

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 DEP Manager, Sales Salary FAQs

What is the salary of DEP Manager, Sales at Max Life Insurance?

DEP Manager, Sales salary at Max Life Insurance in India ranges between ₹3.5 Lakhs to ₹4.7 Lakhs for experience between 2 years to 10 years. According to our estimates it is 52% less than the average DEP Manager, Sales Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Max Life Insurance India.

How does the salary of a DEP Manager, Sales at Max Life Insurance India compare with the average salary range for this job?

The average salary of a DEP Manager, Sales at Max Life Insurance is 52% less than the average salary of a DEP Manager, Sales in India. To know exact salary insights, login to view.

Which similar companies are paying more than Max Life Insurance to a DEP Manager, Sales in India?

Bajaj Allianz General Insurance DEP Manager, Sales Salary - ₹9.9 Lakhs to ₹11.4 Lakhs per year
Cholamandalam MS General Insurance DEP Manager, Sales Salary - ₹4.1 Lakhs to ₹8.9 Lakhs per year
ICICI Lombard General Insurance Company DEP Manager, Sales Salary - ₹5.0 Lakhs to ₹6.5 Lakhs per year
HDFC Ergo General Insurance DEP Manager, Sales Salary - ₹5.0 Lakhs to ₹7.0 Lakhs per year
SBI Life Insurance Company DEP Manager, Sales Salary - ₹3.0 Lakhs to ₹5.9 Lakhs per year

What is the salary of a DEP Manager, Sales in companies similar to Max Life Insurance in India?

HDFC Life DEP Manager, Sales Salary - ₹2.4 Lakhs to ₹6.6 Lakhs per year
ManipalCigna Health Insurance DEP Manager, Sales Salary - ₹4.0 Lakhs to ₹7.2 Lakhs per year
ICICI Prudential Life Insurance DEP Manager, Sales Salary - ₹2.5 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Sun Life Insurance DEP Manager, Sales Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
Care Health Insurance DEP Manager, Sales Salary - ₹3.7 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a DEP Manager, Sales at Max Life Insurance in India?

The estimated take-home salary of a DEP Manager, Sales at Max Life Insurance ranges between ₹29,407 per month to ₹30,780 per month in India. The take-home salary calculation is based on the average Max Life Insurance DEP Manager, Sales salary in India which ranges between ₹3.5 Lakhs to ₹4.7 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for DEP Manager, Sales at Max Life Insurance?

According to AmbitionBox, 100% of the Max Life Insurance DEP Manager, Saless reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Max Life Insurance DEP Manager, Sales Salaries

Max Life Insurance DEP Manager, Sales salary in India ranges between ₹3.5 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Max Life Insurance latest salaries received from various employees of Max Life Insurance.