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

3 - 6 years exp.

₹2.5 Lakhs - ₹3.9 Lakhs

Low Confidence

Salary of majority employees

8% less than the average Relationship Manager Bancassurance Salary in Insurance Companies for 3 - 6 years of experience

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Last Updated: 22 Mar 2025

Companies similar to Axis Max Life Insurance for Relationship Manager Bancassurance

Company name	Avg Annual Salary	Open Jobs
PNB MetLife Relationship Manager Bancassurance Salary 3 - 7 years exp. (12 salaries)	₹3 L/yr - ₹4 L/yr 14% more
SBI General Insurance Relationship Manager Bancassurance Salary 4 - 8 years exp. (4 salaries)	₹2.9 L/yr - ₹3.5 L/yr At par
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Bajaj Allianz Life Insurance Relationship Manager Bancassurance Salary 3 - 7 years exp. (4 salaries)	₹2.3 L/yr - ₹3.6 L/yr 3% less
Star Union Dai-ichi Life Insurance Relationship Manager Bancassurance Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.7 L/yr 15% more
HDFC Life Relationship Manager Bancassurance Salary 1 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹3.1 L/yr 13% less

Relationship Manager Bancassurance salary at Axis Max Life Insurance ranges between ₹2.5 Lakhs to ₹3.9 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Relationship Manager Bancassurance salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹3.9 L/yr

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Agency Development Manager Salary

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₹2.2 L/yr - ₹6.5 L/yr

Salary related reviews for Axis Max Life Insurance

1.5

Rated by 2 employees for salary & benefits

Relationship Manager Bancassurance in Yamunanagar

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 21 Oct 2023

1.0

for Salary and Benefits

Likes

Nothing to Like About this Company..

Dislikes

Worst Company they dnt pay your Salary, Incentives .. Neither they pay your Full and Final Amount even you left the company.. Instead they ask Recovery Money from you and they send Court Notice for this..

Salary - Bad

+6 more

Agency Development Manager in Kollam

Full Time

Sales & Business Development Department

1.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Second Saturday and Sunday, third Saturday and Sundays are off. No other perks.

Dislikes

... from you. More than 5 persons already left the office with their toxic culture. Don't trust their words during interview they will give a package which is lesser than your current ctc and will give excuses as you will earn promotions in a fast track mode. nothing doing you will not meet their unrealistic targets. Hope my review will help future comers. thank you.

Salary - Poor

+6 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

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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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Axis Max Life Insurance Relationship Manager Bancassurance Salary FAQs

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

The average salary of a Relationship Manager Bancassurance at Axis Max Life Insurance in India typically ranges from ₹2.5 Lakhs to ₹3.9 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Relationship Manager Bancassurance at Axis Max Life Insurance earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹3.9 Lakhs per year. Relationship Manager Bancassurance 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 Relationship Manager Bancassurance at Axis Max Life Insurance in India?

The estimated take-home salary of a Relationship Manager Bancassurance at Axis Max Life Insurance in India typically ranges from ₹22,418 to ₹23,895 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.9 Lakhs per year for employees with experience ranging from 3 years to 6 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 Relationship Manager Bancassurance in India?

Star Union Dai-ichi Life Insurance	₹3.0 Lakhs to ₹3.7 Lakhs per year
PNB MetLife	₹3.0 Lakhs to ₹4.0 Lakhs per year
SBI General Insurance	₹2.9 Lakhs to ₹3.5 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 Relationship Manager Bancassurance in companies similar to Axis Max Life Insurance in India?

The salary of a Relationship Manager Bancassurance 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:

Bajaj Allianz Life Insurance	₹2.3 Lakhs to ₹3.6 Lakhs per year
HDFC Life	₹2.4 Lakhs to ₹3.1 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 Relationship Manager Bancassurance at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
3 years	₹2.5 Lakhs to ₹2.5 Lakhs per year
4 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
5 years	₹1.3 Lakhs to ₹3.8 Lakhs per year
6 years	₹3.8 Lakhs to ₹3.9 Lakhs per year

and so on.

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Axis Max Life Insurance Relationship Manager Bancassurance Salaries

Axis Max Life Insurance Relationship Manager Bancassurance salary in India ranges between ₹2.5 Lakhs to ₹3.9 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.

Axis Max Life Insurance Relationship Manager Bancassurance salaries in India (Updated 2025)

Companies similar to Axis Max Life Insurance for Relationship Manager Bancassurance

Latest annual salaries shared by Axis Max Life Insurance Relationship Manager Bancassurance

Experience wise Axis Max Life Insurance Relationship Manager Bancassurance salaries

Similar Designation salaries in Axis Max Life Insurance

Salary related reviews for Axis Max Life Insurance

Relationship Manager Bancassurance in Yamunanagar

Agency Development Manager in Kollam

Relationship Associate in Raipur

Associate Sales Manager in Mumbai

Agency Development Manager in New Delhi

Axis Max Life Insurance Relationship Manager Bancassurance Salary FAQs

Tell us how to improve this page.