Star Union Dai-ichi Life Insurance BDM Salaries by 5 Employees (Updated 2025)

1 - 5 years exp.

₹2 Lakhs - ₹5 Lakhs

Salary of majority employees

25% less than the average BDM Salary in Insurance Companies for 1 - 5 years of experience

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Last Updated: 9 Aug 2023

Companies similar to Star Union Dai-ichi Life Insurance for BDM

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India BDM Salary 0 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr 30% less
HDFC Life BDM Salary 0 - 10 years exp. (174 salaries)	₹2.2 L/yr - ₹4.3 L/yr 12% less
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ICICI Prudential Life Insurance BDM Salary 1 - 4 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr 22% less
SBI Life Insurance Company BDM Salary 2 - 10 years exp. (179 salaries)	₹2.2 L/yr - ₹6.5 L/yr 18% more
Max Life Insurance BDM Salary 5 - 12 years exp. (6 salaries)	₹3.5 L/yr - ₹7.2 L/yr 37% more
Bajaj Allianz Life Insurance BDM Salary 0 - 13 years exp. (28 salaries)	₹3.4 L/yr - ₹5.2 L/yr 11% more
Kotak Mahindara Life Insurance BDM Salary 0 - 17 years exp. (4 salaries)	₹4.5 L/yr - ₹8.8 L/yr 79% more
Reliance Nippon Life Insurance BDM Salary 3 - 9 years exp. (5 salaries)	₹3.2 L/yr - ₹4.5 L/yr 1% less
Aditya Birla Sun Life Insurance BDM Salary 1 - 10 years exp. (7 salaries)	₹3 L/yr - ₹5.8 L/yr 7% more
Tata AIA Life Insurance BDM Salary 3 - 11 years exp. (5 salaries)	₹2.8 L/yr - ₹3.3 L/yr 23% less
SBI General Insurance BDM Salary 1 - 8 years exp. (47 salaries)	₹2 L/yr - ₹4.8 L/yr 10% less
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Niva Bupa Health Insurance Company BDM Salary 0 - 14 years exp. (13 salaries)	₹2.8 L/yr - ₹5 L/yr 3% less
Bajaj Allianz General Insurance BDM Salary 2 - 16 years exp. (8 salaries)	₹4 L/yr - ₹6.8 L/yr 48% more
Canara HSBC Life Insurance BDM Salary 0 - 17 years exp. (5 salaries)	₹3.2 L/yr - ₹7 L/yr 32% more
ICICI Lombard General Insurance Company BDM Salary 4 - 10 years exp. (4 salaries)	₹1.9 L/yr - ₹6.6 L/yr 6% less
Tata AIG BDM Salary 5 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹3.1 L/yr 30% less
Cholamandalam MS General Insurance BDM Salary 4 - 8 years exp. (4 salaries)	₹2.8 L/yr - ₹10 L/yr 78% more
ManipalCigna Health Insurance BDM Salary 1 - 13 years exp. (4 salaries)	₹3.4 L/yr - ₹6 L/yr 8% more

BDM salary at Star Union Dai-ichi Life Insurance ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Star Union Dai-ichi Life Insurance.

Experience wise Star Union Dai-ichi Life Insurance BDM salaries

Last Updated: 9 Aug 2023

Experience	Avg Annual Salary
1 year (3 salaries)	₹2 L/yr - ₹6.2 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.7 L/yr
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3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr

Similar Designation salaries in Star Union Dai-ichi Life Insurance

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Area Manager Salary

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Premier Relationship Manager Salary

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Management Trainee Salary

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Salary related reviews for Star Union Dai-ichi Life Insurance

Senior Team Member in Navi Mumbai

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 26 Nov 2024

3.0

for Salary and Benefits

Likes

The people here support eachother and work. As company is still at growing stage it helps the young people like us to grab opportunities to learn and grow along with the company.

Skill development - Excellent

+5 more

Dislikes

Some policies regarding transfer wherein our salary did not get revised only we got add on allowances. However revisions of salary will be crucial as it will help us with our personal growth and also help us earn more bonus.

Area Manager in Mumbai

Full Time

Strategic & Top Management Department

1.0

• posted on 08 Jan 2024

1.0

for Salary and Benefits

Likes

Nothing.

Dislikes

...hire you is on hold and told you to wait for sometime but that never happens. Salary is on lower side without any good increament. List goes on

Salary - Bad

+5 more

Team Lead in Navi Mumbai

Contractual

Customer Success, Service & Operations Department

2.0

• posted on 30 Oct 2023

1.0

for Salary and Benefits

Likes

One thing is best is abhay tiwari down to earth person. Sud life is good company.managment is least bother about their work.

Company culture - Good

Dislikes

No mangement, least bother for contrual employee, no benefit, less salary more work for contract employee but pay roll less work and more salary best example satyam parkar from customer engagement team and email process both the process he made it horrible.

Salary - Bad

+5 more

Area Manager in Ludhiana

BFSI, Investments & Trading Department

5.0

• posted on 27 Mar 2021

3.0

for Salary and Benefits

Likes

It was wonderful experience working in Star Union as a Area head,,,,I learnt lot of new things, relationship,PSU sector,,big exposure......great boss ,,,great team,,overall great experience......

Skill development - Good

+3 more

Dislikes

Compensation and payout for channel partner.

AVP in Kochi

Administration Department

5.0

• posted on 25 Dec 2019

3.0

for Salary and Benefits

Likes

Work environment was good. But I personally felt that lot of politics as usual was present here also.

Skill development - Excellent

+2 more

Dislikes

cutting existing salary of staff who were trained by me with lot of effort and then taking staff at high CTC , often hired from other companies where the present executives worked.

Job security - Poor

+1 more

see more salary related reviews

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Star Union Dai-ichi Life Insurance BDM Salary FAQs

What is the salary of BDM at Star Union Dai-ichi Life Insurance?

BDM salary at Star Union Dai-ichi Life Insurance in India ranges between ₹2.0 Lakhs to ₹5.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 25% less than the average BDM Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Star Union Dai-ichi Life Insurance India.

How does the salary of a BDM at Star Union Dai-ichi Life Insurance India compare with the average salary range for this job?

The average salary of a BDM at Star Union Dai-ichi Life Insurance is 25% less than the average salary of a BDM in India. To know exact salary insights, login to view.

Which similar companies are paying more than Star Union Dai-ichi Life Insurance to a BDM in India?

Kotak Mahindara Life Insurance BDM Salary - ₹4.5 Lakhs to ₹8.8 Lakhs per year
Cholamandalam MS General Insurance BDM Salary - ₹2.8 Lakhs to ₹10.0 Lakhs per year
Bajaj Allianz General Insurance BDM Salary - ₹4.0 Lakhs to ₹6.8 Lakhs per year
Max Life Insurance BDM Salary - ₹3.5 Lakhs to ₹7.2 Lakhs per year
Canara HSBC Life Insurance BDM Salary - ₹3.2 Lakhs to ₹7.0 Lakhs per year

What is the salary of a BDM in companies similar to Star Union Dai-ichi Life Insurance in India?

SBI Life Insurance Company BDM Salary - ₹2.2 Lakhs to ₹6.5 Lakhs per year
Bajaj Allianz Life Insurance BDM Salary - ₹3.4 Lakhs to ₹5.2 Lakhs per year
ManipalCigna Health Insurance BDM Salary - ₹3.4 Lakhs to ₹6.0 Lakhs per year
Aditya Birla Sun Life Insurance BDM Salary - ₹3.0 Lakhs to ₹5.8 Lakhs per year
Reliance Nippon Life Insurance BDM Salary - ₹3.2 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a BDM at Star Union Dai-ichi Life Insurance in India?

The estimated take-home salary of a BDM at Star Union Dai-ichi Life Insurance ranges between ₹29,105 per month to ₹30,483 per month in India. The take-home salary calculation is based on the average Star Union Dai-ichi Life Insurance BDM salary in India which ranges between ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for BDM at Star Union Dai-ichi Life Insurance?

According to AmbitionBox, 50% of the Star Union Dai-ichi Life Insurance BDMs reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Star Union Dai-ichi Life Insurance BDM Salaries

Star Union Dai-ichi Life Insurance BDM salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Star Union Dai-ichi Life Insurance latest salaries received from various employees of Star Union Dai-ichi Life Insurance.