PolicyBazaar Mumbai Financial Advisor Salaries by 20+ Employees (Updated 2025)

0 - 4 years exp.

₹2.3 Lakhs - ₹4.5 Lakhs

Salary of majority employees

24% less than the average Financial Advisor Salary in Internet Companies for 0 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations Financial Advisor Salary 0 - 3 years exp. (7 salaries)	₹2.3 L/yr - ₹3.8 L/yr
BFSI, Investments & Trading Financial Advisor Salary 0 - 4 years exp. (6 salaries)	₹2.3 L/yr - ₹3.6 L/yr
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Finance & Accounting Financial Advisor Salary 0 - 1 year exp. (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr
Sales & Business Development Financial Advisor Salary 0 - 4 years exp. (4 salaries)	₹3.5 L/yr - ₹4.4 L/yr
Marketing & Communication Financial Advisor Salary 1 year exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr

Last Updated: 4 Mar 2025

Companies similar to PolicyBazaar for Financial Advisor in Mumbai

PolicyBazaar Financial Advisor Salary

0 - 4 years exp. (25 salaries)

₹2.3 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Financial Advisor Salary 1 - 3 years exp. (4 salaries)	₹2 L/yr - ₹4 L/yr 20% less
ICICI Bank Financial Advisor Salary 2 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹4 L/yr 9% less
Login to view exact salary
Axis Max Life Insurance Financial Advisor Salary 2 - 8 years exp. (5 salaries)	₹2.2 L/yr - ₹4 L/yr 9% more
Motilal Oswal Financial Services Financial Advisor Salary 0 - 5 years exp. (257 salaries)	₹1.6 L/yr - ₹5.5 L/yr 6% more	2 job openings
Money Honey Financial Services Financial Advisor Salary 0 - 4 years exp. (79 salaries)	₹1.1 L/yr - ₹4.5 L/yr 17% less

Financial Advisor salary at PolicyBazaar ranges between ₹2.3 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 25 latest salaries received from various employees of PolicyBazaar.

Experience wise PolicyBazaar Financial Advisor salaries in Mumbai

Last Updated: 4 Mar 2025

Experience	Avg Annual Salary
Fresher (6 salaries)	₹2.3 L/yr - ₹3.8 L/yr
1 year (7 salaries)	₹2.4 L/yr - ₹4.5 L/yr
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2 years (5 salaries)	₹2.4 L/yr - ₹3.9 L/yr
3 years (5 salaries)	₹2.4 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.3 L/yr

Similar Designation salaries in PolicyBazaar

Sales Executive Salary

(64 salaries)

₹2 L/yr - ₹4.5 L/yr

Associate Sales Consultant Salary

(42 salaries)

₹2 L/yr - ₹5 L/yr

Team Lead Salary

(18 salaries)

₹4.08 L/yr - ₹8.6 L/yr

Sales Associate Salary

(12 salaries)

₹1.8 L/yr - ₹5 L/yr

Sales Consultant Salary

(11 salaries)

₹2.6 L/yr - ₹4 L/yr

Customer Service Executive Salary

(7 salaries)

₹2.25 L/yr - ₹3.62 L/yr

Salary related reviews for PolicyBazaar

4.2

Rated by 6 employees for salary & benefits

Financial Advisor in Kochi

Full Time

Other Department

1.0

• posted on 08 Nov 2024

4.0

for Salary and Benefits

Likes

If you are a person working to get only salary and benefits you can join.otherwise it is like committing suicide.

Salary - Good

Dislikes

There is nothing to like here.so no need to think about dislike.its like a hell sometimes.

Skill development - Poor

+4 more

Financial Advisor in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• posted on 05 Sep 2019

3.0

for Salary and Benefits

Likes

...ore the knowledge in insurance sector that's will be great company for them .... Great incentive as well as rapidly growth in salary as well as job position if you work hard....

Skill development - Good

+3 more

Dislikes

work life balance

Team Lead in Mumbai

Full Time

Teaching & Training Department

4.0

• posted on 26 Dec 2024

5.0

for Salary and Benefits

Likes

This company is the best in terms of Salary and Incentives.. If your only aim is Money than No one can beat Policy bazaar.. I have personally seen hard working people taking incentive of over 2 lakhs on average regularly.. You can clear your Debt in the shortest period possible..

Salary - Excellent

+1 more

Dislikes

Money Comes the hard way.. No one can earn money by working 8 hours only.. Having said that you have to work 10-12 Hours to earn that extra Money

Work-life balance - Bad

Associate Consultant in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 23 Jan 2024

3.0

for Salary and Benefits

Likes

Salary on time

Dislikes

Management are very poor. Company need to hire new talent in operations only there are old employee are working as a TL and AM. Manager don't have sense that how to speak with employee. He work like a peon. He dnt have basic knowledge that how to speak employee. If there any emergency in home then he is not giving a job that's why I left the job

Skill development - Bad

+5 more

Team Lead in Gurgaon / Gurugram

Sales Department

1.0

• posted on 09 Oct 2022

3.0

for Salary and Benefits

Likes

Here you get salary on time. Apart from this nothing is here to like

Dislikes

No job security Poor Management process No clarity about job role No support from Reporting Manager/Seniors My suggestion to all employees who are willing to come from Insurance company. Never join this organisation. You will join after getting good hike but after 2 or 3 months you yourself will decide to resign or company will issue pip or take resignation from you. Policybazaar is doing HIRE & FIRE policy. Suppose If you survive here for 1 or 2 years then also no any insurance company will ready to select you. Farud company...

Skill development - Bad

+5 more

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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PolicyBazaar Financial Advisor Salary FAQs

What is the salary of Financial Advisor at PolicyBazaar Mumbai?

Financial Advisor salary at PolicyBazaar in Mumbai ranges between ₹2.3 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 24% less than the average Financial Advisor Salary in India. Salary estimates are based on 25 latest salaries received from various employees of PolicyBazaar Mumbai.

How does the salary of a Financial Advisor at PolicyBazaar Mumbai compare with the average salary range for this job?

The average salary of a Financial Advisor at PolicyBazaar is 24% less than the average salary of a Financial Advisor in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than PolicyBazaar to a Financial Advisor in Mumbai?

Axis Max Life Insurance Financial Advisor Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year
Motilal Oswal Financial Services Financial Advisor Salary - ₹1.6 Lakhs to ₹5.5 Lakhs per year

What is the salary of a Financial Advisor in companies similar to PolicyBazaar in Mumbai?

ICICI Bank Financial Advisor Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
Money Honey Financial Services Financial Advisor Salary - ₹1.1 Lakhs to ₹4.5 Lakhs per year
HDFC Bank Financial Advisor Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Financial Advisor at PolicyBazaar in Mumbai?

The estimated take-home salary of a Financial Advisor at PolicyBazaar ranges between ₹24,594 per month to ₹26,039 per month in Mumbai. The take-home salary calculation is based on the average PolicyBazaar Financial Advisor salary in India which ranges between ₹2.3 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Financial Advisor at PolicyBazaar in Mumbai?

According to AmbitionBox, 53% of the PolicyBazaar Financial Advisors in Mumbai reported a notice period of 15 days or less, 41% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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PolicyBazaar Financial Advisor Salaries in Mumbai

PolicyBazaar Financial Advisor salary in Mumbai ranges between ₹2.3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 PolicyBazaar latest salaries received from various employees of PolicyBazaar.