Star Health & Allied Insurance Bancassurance Relationship Manager Salaries by 6 Employees (Updated 2025)

1 - 4 years exp.

₹2.8 Lakhs - ₹3.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

18% less than the average Bancassurance Relationship Manager Salary in Insurance Companies for 1 - 4 years of experience

Interested in this particular role?

Last Updated: 2 Jan 2025

Companies similar to Star Health & Allied Insurance for Bancassurance Relationship Manager

Company name	Avg Annual Salary	Open Jobs
PNB MetLife Bancassurance Relationship Manager Salary 3 - 8 years exp. (15 salaries)	₹3.2 L/yr - ₹4.5 L/yr 19% more
Bajaj Allianz Life Insurance Bancassurance Relationship Manager Salary 2 - 7 years exp. (14 salaries)	₹2.4 L/yr - ₹3.5 L/yr 1% more
Login to view exact salary
HDFC Life Bancassurance Relationship Manager Salary 0 - 10 years exp. (11 salaries)	₹2.8 L/yr - ₹5.5 L/yr 39% more
Tata AIA Life Insurance Bancassurance Relationship Manager Salary 3 - 7 years exp. (8 salaries)	₹3.5 L/yr - ₹5.7 L/yr 45% more
Axis Max Life Insurance Bancassurance Relationship Manager Salary 2 - 10 years exp. (6 salaries)	₹3 L/yr - ₹7 L/yr 46% more
Bajaj Allianz General Insurance Bancassurance Relationship Manager Salary 3 - 11 years exp. (5 salaries)	₹3 L/yr - ₹4.5 L/yr 19% more
ICICI Prudential Life Insurance Bancassurance Relationship Manager Salary 0 - 5 years exp. (4 salaries)	₹3.3 L/yr - ₹3.6 L/yr 11% more
Kotak Mahindara Life Insurance Bancassurance Relationship Manager Salary 2 - 4 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr 24% more
SBI General Insurance Bancassurance Relationship Manager Salary 3 - 11 years exp. (3 salaries)	₹2.4 L/yr - ₹6.3 L/yr 29% more

Bancassurance Relationship Manager salary at Star Health & Allied Insurance ranges between ₹2.8 Lakhs to ₹3.7 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Star Health & Allied Insurance.

Experience wise Star Health & Allied Insurance Bancassurance Relationship Manager salaries

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Star Health & Allied Insurance

Senior Relationship Manager Salary

(40 salaries)

₹2.65 L/yr - ₹4.56 L/yr

Bancassurance Manager Salary

(4 salaries)

₹3 L/yr - ₹3.5 L/yr

Relationship Manager Salary

(275 salaries)

₹1.6 L/yr - ₹4.5 L/yr

Relationship Officer Salary

(11 salaries)

₹2.44 L/yr - ₹4.5 L/yr

Assistant Sales Manager Salary

(21 salaries)

₹0.8 L/yr - ₹4 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Senior Business Sales Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Senior Corporate Agency Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Area Manager Salary

(47 salaries)

₹5.71 L/yr - ₹22 L/yr

Salary related reviews for Star Health & Allied Insurance

Relationship Manager in Moradabad

Full Time

Sales & Business Development Department

2.0

• posted on 14 Jul 2024

2.0

for Salary and Benefits

Likes

They can do everything to destroy your Career. They can't pay They have their own rules and regulations

Dislikes

Here seniors migrate your business and earns commission/incentives and will eat your job if you raise a voice.

Salary - Poor

+5 more

Deputy Manager in Chennai

Full Time

Healthcare & Life Sciences Department

1.0

• posted on 31 Jan 2023

1.0

for Salary and Benefits

Likes

This section is not suitable for this company.

Dislikes

...o BDS/BAMS/BHMS, they will not regard you and your credentials. HR is atrocious. Stated salary as per bond not provided. There is no work life balance. Keep on insisting to work on Sunday's in the name of roasters.

Salary - Bad

+6 more

Sales Manager in Kishangarh

Full Time

Sales Department

1.0

• posted on 14 Dec 2022

1.0

for Salary and Benefits

Likes

Only salary comes before date.

Dislikes

There is lots of managers who have gang of their own .they do not want to stay new employee.even they behave like mawalis they shouts like animals.such a people i have seen in my life.very pathetic experience i have .

Salary - Bad

+6 more

Relationship Manager in Park Street Kolkata

Full Time

Banca sales Department

1.0

• posted on 17 Jul 2022

1.0

for Salary and Benefits

Likes

It's a very good company for those who are working for a agency channel.

Dislikes

My review best on banca channel:- Salary is very below as per industry standard No growth Very poor Management No work environment

Salary - Bad

+4 more

Sales Manager in Chennai

BFSI, Investments & Trading Department

4.0

• posted on 17 Dec 2021

3.0

for Salary and Benefits

Likes

Job is satisfactory but it is basically strictly target oriented. Only good point is that company provides care and support and timely salary according to market.

Work satisfaction - Excellent

+2 more

Dislikes

All thing is good.. working environment, seniors and colleagues all are very good only drawback from my side is monthly target and unsecured job security.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

Got a question about Star Health & Allied Insurance?

Ask anonymously on communities.

Star Health & Allied Insurance Bancassurance Relationship Manager Salary FAQs

What is the salary of Bancassurance Relationship Manager at Star Health & Allied Insurance ?

The average salary of a Bancassurance Relationship Manager at Star Health & Allied Insurance in India typically ranges from ₹2.8 Lakhs to ₹3.7 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Bancassurance Relationship Manager at Star Health & Allied Insurance earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Bancassurance Relationship Manager Salaries at Star Health & Allied 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 6 Star Health & Allied Insurance employees in India.

What is the estimated take home salary of a Bancassurance Relationship Manager at Star Health & Allied Insurance in India?

The estimated take-home salary of a Bancassurance Relationship Manager at Star Health & Allied Insurance in India typically ranges from ₹21,769 to ₹23,256 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from 1 year to 4 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 6 salaries received from various employees of Star Health & Allied Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Star Health & Allied Insurance for Bancassurance Relationship Manager in India?

Axis Max Life Insurance	₹3.0 Lakhs to ₹7.0 Lakhs per year
Tata AIA Life Insurance	₹3.5 Lakhs to ₹5.7 Lakhs per year
HDFC Life	₹2.8 Lakhs to ₹5.5 Lakhs per year
SBI General Insurance	₹2.4 Lakhs to ₹6.3 Lakhs per year
Kotak Mahindara Life Insurance	₹3.0 Lakhs to ₹5.0 Lakhs per year

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

What is the salary of a Bancassurance Relationship Manager in companies similar to Star Health & Allied Insurance in India?

The salary of a Bancassurance Relationship Manager at companies similar to Star Health & Allied Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz General Insurance	₹3.0 Lakhs to ₹4.5 Lakhs per year
PNB MetLife	₹3.2 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance	₹3.3 Lakhs to ₹3.6 Lakhs per year
Bajaj Allianz Life Insurance	₹2.4 Lakhs to ₹3.5 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 Bancassurance Relationship Manager at Star Health & Allied Insurance in India?

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

Experience	Average Salary Range
1 year	₹2.7 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Star Health & Allied Insurance Salaries >
Star Health & Allied Insurance Bancassurance Relationship Manager Salaries

Star Health & Allied Insurance Bancassurance Relationship Manager salary in India ranges between ₹2.8 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Star Health & Allied Insurance latest salaries received from various employees of Star Health & Allied Insurance.

Star Health & Allied Insurance Bancassurance Relationship Manager salaries in India (Updated 2025)

Companies similar to Star Health & Allied Insurance for Bancassurance Relationship Manager

Latest annual salaries shared by Star Health & Allied Insurance Bancassurance Relationship Manager

Experience wise Star Health & Allied Insurance Bancassurance Relationship Manager salaries

Similar Designation salaries in Star Health & Allied Insurance

Salary related reviews for Star Health & Allied Insurance

Relationship Manager in Moradabad

Deputy Manager in Chennai

Sales Manager in Kishangarh

Relationship Manager in Park Street Kolkata

Sales Manager in Chennai

Star Health & Allied Insurance Bancassurance Relationship Manager Salary FAQs

Tell us how to improve this page.