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

0 - 6 years exp.

₹2.3 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

23% less than the average Financial Advisor Salary in Internet Companies for 0 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Financial Advisor Salary 0 - 5 years exp. (7 salaries)	₹2.3 L/yr - ₹3.8 L/yr
BFSI, Investments & Trading Financial Advisor Salary 0 - 3 years exp. (5 salaries)	₹2.3 L/yr - ₹3.8 L/yr
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Sales & Business Development Financial Advisor Salary 0 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹4.4 L/yr
Finance & Accounting Financial Advisor Salary 0 - 1 year exp. (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr
Marketing & Communication Financial Advisor Salary 1 year exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr

Last Updated: 2 Apr 2025

Companies similar to PolicyBazaar for Financial Advisor in Mumbai

PolicyBazaar Financial Advisor Salary

0 - 6 years exp. (25 salaries)

₹2.3 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Financial Advisor Salary 0 - 5 years exp. (244 salaries)	₹1.6 L/yr - ₹5 L/yr 3% more
Money Honey Financial Services Financial Advisor Salary 0 - 3 years exp. (79 salaries)	₹1.1 L/yr - ₹4.5 L/yr 18% less	1 job opening
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Motilal Oswal Financial Advisor Salary 0 - 4 years exp. (19 salaries)	₹1 L/yr - ₹4 L/yr 24% less
Willis Towers Watson Financial Advisor Salary 0 - 5 years exp. (17 salaries)	₹2.8 L/yr - ₹6.5 L/yr 8% more
HDFC Sales Financial Advisor Salary 0 - 6 years exp. (16 salaries)	₹1.7 L/yr - ₹4.5 L/yr 14% 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 6 years. Salary estimates are based on 25 latest salaries received from various employees of PolicyBazaar.

Latest annual salaries shared by PolicyBazaar Financial Advisor in Mumbai

6d ago

₹3.8 Lakhs

6 years exp.

1w ago

₹3 Lakhs

2 months exp.

2w ago

₹4.5 Lakhs

1 year exp.

2w ago

₹4.4 Lakhs

4 years exp.

5mo ago

₹2.9 Lakhs

3 years exp.

5mo ago

2 years exp.

7mo ago

1 year exp.

9mo ago

1 year exp.

10mo ago

1 year exp.

11mo ago

1 year exp.

Experience wise PolicyBazaar Financial Advisor salaries in Mumbai

Last Updated: 2 Apr 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
Login to view exact salary
2 years (5 salaries)	₹2.4 L/yr - ₹3.9 L/yr
3 years (4 salaries)	₹2.4 L/yr - ₹6.2 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr

View all

Similar Designation salaries in PolicyBazaar

Sales Executive Salary

(74 salaries)

₹2 L/yr - ₹4.5 L/yr

Associate Sales Consultant Salary

(41 salaries)

₹2 L/yr - ₹5 L/yr

Team Lead Salary

(17 salaries)

₹4.08 L/yr - ₹8.6 L/yr

Sales Consultant Salary

(12 salaries)

₹2.6 L/yr - ₹4 L/yr

Sales Associate Salary

(10 salaries)

₹1.8 L/yr - ₹4.1 L/yr

Customer Service Executive Salary

(7 salaries)

₹2.25 L/yr - ₹3.66 L/yr

SME Salary

(6 salaries)

₹3.75 L/yr - ₹5 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

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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PolicyBazaar Financial Advisor Salary FAQs

What is the salary of Financial Advisor at PolicyBazaar in Mumbai?

The average salary of a Financial Advisor at PolicyBazaar in Mumbai typically ranges from ₹2.3 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Financial Advisor in Mumbai at PolicyBazaar earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Financial Advisor Salaries at PolicyBazaar 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 20+ PolicyBazaar employees in India.

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 in Mumbai typically ranges from ₹25,141 to ₹26,578 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher 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 20+ salaries received from various employees of PolicyBazaar. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than PolicyBazaar for Financial Advisor in India?

Willis Towers Watson	₹2.8 Lakhs to ₹6.5 Lakhs per year
Motilal Oswal Financial Services	₹1.6 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by PolicyBazaar, depending on the role and experience level.

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

The salary of a Financial Advisor at companies similar to PolicyBazaar in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Sales	₹1.7 Lakhs to ₹4.5 Lakhs per year
Money Honey Financial Services	₹1.1 Lakhs to ₹4.5 Lakhs per year
Motilal Oswal	₹1.0 Lakhs to ₹4.0 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 Financial Advisor at PolicyBazaar in Mumbai?

The salary growth for a Financial Advisor at PolicyBazaar in Mumbai depends on factors such as experience, performance, and promotions. On average, a Financial Advisor in Mumbai can expect the following growth trajectory at PolicyBazaar:

Experience	Average Salary Range
Fresher	₹2.3 Lakhs to ₹3.8 Lakhs per year
1 year	₹2.4 Lakhs to ₹4.5 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.9 Lakhs per year
3 years	₹2.4 Lakhs to ₹6.2 Lakhs per year

and so on.

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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.

PolicyBazaar Financial Advisor salaries in Mumbai (Updated 2025)

Companies similar to PolicyBazaar for Financial Advisor in Mumbai

Latest annual salaries shared by PolicyBazaar Financial Advisor in Mumbai

Experience wise PolicyBazaar Financial Advisor salaries in Mumbai

Similar Designation salaries in PolicyBazaar

Salary related reviews for PolicyBazaar

Financial Advisor in Kochi

Financial Advisor in Gurgaon / Gurugram

Team Lead in Mumbai

Associate Consultant in Gurgaon / Gurugram

Team Lead in Gurgaon / Gurugram

PolicyBazaar Financial Advisor Salary FAQs

Tell us how to improve this page.