SUD Life Bancassurance Salaries by 20+ Employees (Updated 2025)

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Sales & Business Development

Designation	Avg Annual Salary	Open Jobs
Relationship Manager 3 - 6 years exp. (7 salaries)	₹3.4 L/yr - ₹4.7 L/yr
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Territory Manager 5 - 12 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
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Senior Relationship Manager 6 - 8 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Assistant Relationship Manager Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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Assistant Sales Manager 13 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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Deputy Vice President 28 years exp. (AmbitionBox Estimate)	₹26.1 L/yr - ₹33.3 L/yr
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Senior Area Manager 16 years exp. (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
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Assistant Restaurant Manager 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Key Account Manager 6 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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Bancassurance Officer 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Premier Relationship Manager 14 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
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Deputy Relationship Manager 6 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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Bancassurance Sales Executive Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Life Insurance Manager 2 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Sales Officer 1 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Wealth Officer Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Banker 3 - 4 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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Assistant Manager 10 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Sales 1 year exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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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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SUD Life Bancassurance Salary FAQs

How much does SUD Life Bancassurance pay to its employees?

The average annual salary at SUD Life Bancassurance varies depending on the role, experience, and location. The salary ranges for some popular designations at SUD Life Bancassurance, are as follows:

Relationship Manager	₹3.4 Lakhs to ₹4.7 Lakhs per year
Territory Manager	₹6.1 Lakhs to ₹7.8 Lakhs per year
Senior Relationship Manager	₹3.6 Lakhs to ₹4.6 Lakhs per year
Assistant Relationship Manager	₹2.5 Lakhs to ₹3.2 Lakhs per year

The highest-paying role, Relationship Manager, earns between ₹3.4 Lakhs to ₹4.7 Lakhs per year. The top 10% of employees earn more than ₹7.4 Lakhs per year, and the top 1% earn over ₹29 Lakhs per year. Salaries at SUD Life Bancassurance 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 salary estimates are based on data from 29 salaries submitted by SUD Life Bancassurance employees. SUD Life Bancassurance is rated 4.0 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in SUD Life Bancassurance is INR . Salary estimates are based on 20+ SUD Life Bancassurance latest salaries received from various employees of SUD Life Bancassurance.