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HDFC Ergo General Insurance Sales Manager Bancassurance salaries in India

Annual salary range
2 - 12 years exp.
₹3.1 Lakhs - ₹5.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Sales Manager Bancassurance Salary at HDFC Ergo General Insurance ranges between ₹3.1 Lakhs to ₹5.3 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 18 latest... Read more

15% less than the average Sales Manager Bancassurance Salary in Insurance Companies for 2 - 12 years of experience

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Last Updated: 18 Jul 2024

Companies similar to HDFC Ergo General Insurance for Sales Manager Bancassurance

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HDFC Life Sales Manager Bancassurance Salary

0 - 7 years exp. (12 salaries)

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₹1.8 L/yr - ₹4.7 L/yr

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12 job openings
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₹1.9 L/yr - ₹6.5 L/yr

At par

HDFC Ergo General Insurance Sales Manager Bancassurance salaries by

Years of experience Avg. annual salary
2 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
3 years  (3 salaries)

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₹3.1 L/yr - ₹3.9 L/yr
4 years  (3 salaries)

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₹3.5 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
6 years  (3 salaries)

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₹3.5 L/yr - ₹4 L/yr
View all salaries by experience

Similar Designation Salaries at HDFC Ergo General Insurance

Similar Designation Avg. annual salary
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₹2 L/yr - ₹5.1 L/yr

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₹4 L/yr - ₹16 L/yr

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₹17 L/yr - ₹52 L/yr

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₹2.4 L/yr - ₹4.5 L/yr

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₹1.9 L/yr - ₹6 L/yr

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₹2.5 L/yr - ₹3.6 L/yr

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₹3.6 L/yr - ₹6 L/yr

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₹2.4 L/yr - ₹4.6 L/yr

Cluster Head Salary
(38 salaries)
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₹6 L/yr - ₹14 L/yr

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₹4.7 L/yr - ₹12.9 L/yr

View more similar designations

Top trending discussions

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Career Growth
2w (edited)
pleasantfox
·
works at
Insurance Sector
Stability vs Growth
I worked in a company for 20 years and suddenly put off role. Searching jobs I realised I am over age for various roles that I could do and less experienced for Leadership Roles as my exposure was limited. I always thought I am earning decent money and can work another 7 years and retire at 50. Though the younger generation is much smarter I still want to advise them (BFSI specific) * Work in a role for max 2-3 years and switch when you feel you are done. * By age of 30, if you are still earning less than 10 lakh you are not growing * By age of 35 you must become AVP as no company will hire AVP if you are more than 36. *Be loyal to your self, not your organization. * Most importantly save atleast 30% or more of whatever your CTC. Donot spend much with every raise. * Buy a property, and pay loans before 35. In tough times it's only Savings that give you cushion and peace nothing else
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Salary related reviews for HDFC Ergo General Insurance

4.1

Rated by 8 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  updated on 05 Apr 2025

1.0
 for  Salary and Benefits

Likes

...ha Is attitude oriented whose word is customer is not important. than brand..... but he don't know because customers only he can get the salary.... & Eat the food. Different rules for employees. chain smoker & Drinkers State head like Mrinal Pande can be good employee in terms of hygiene level. rest are bad. They support the HDFC BM like Kartik Tadurwar who ask for physical from their coworker & keep demand for night stand for ladies' job in bank. Few woman heads are scheme part of woman empowerment scheme. These are Mrs. Jayashree , Miss Tiwari, Mrs. Mahalaxmi Iyar. these woman can do anything u cant imagine, to took appreciation from management. All these good thing I like from HDFC ERGO.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  updated on 17 Oct 2023

3.0
 for  Salary and Benefits

Likes

The company thinks very highly of its customers

  • Work satisfaction - Good

Dislikes

company is providing new employees with higher compensation packages than existing employees, without offering any increment to the latter. This can create dissatisfaction among the older employees.

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  updated on 27 Nov 2022

1.0
 for  Salary and Benefits

Likes

Claims

Dislikes

...what to do and how.. just business without planning. Lack of vision n mission. Comparatively Very low salary and incentives . Software n system upto 1980s. Focus on employee tracking instead of supporting.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  updated on 13 Oct 2020

3.0
 for  Salary and Benefits

Likes

Nothing good only Hard work and low salary and not showing terms and condition to employee very bad experience don't joint and if you get promotion but salary not increase and no allowance, no bonus. And fraud company please don't joint

read more

Dislikes

Don't joint fraud company very bad experience.

  • Promotions - Poor
  • +2 more

BFSI, Investments & Trading Department

5.0
  •  updated on 29 Jun 2022

3.0
 for  Salary and Benefits

Likes

Its a branded company and like to work

  • Skill development - Excellent
  • +1 more

Dislikes

...a good company but low level (Exicutive) employees salary and bonus is very low.he is a field work but final year bonus is only for variable pay in percentage only is not satisfied for working.higher authorities CTC is high so easily get a anual bonus is high.kindly analysis this structure.

read more
see more salary related reviews

HDFC Ergo General Insurance Sales Manager Bancassurance Salary FAQs

What is the salary of Sales Manager Bancassurance at HDFC Ergo General Insurance ?
The average salary of a Sales Manager Bancassurance at HDFC Ergo General Insurance in India typically ranges from ₹3.1 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 2 years to 12 years).

The top 10% of Sales Manager Bancassurance at HDFC Ergo General Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Sales Manager Bancassurance Salaries at HDFC Ergo General 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 10+ HDFC Ergo General Insurance employees in India.
What is the estimated take home salary of a Sales Manager Bancassurance at HDFC Ergo General Insurance in India?
The estimated take-home salary of a Sales Manager Bancassurance at HDFC Ergo General Insurance in India typically ranges from ₹28,076 to ₹29,469 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 2 years to 12 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 10+ salaries received from various employees of HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Sales Manager Bancassurance at HDFC Ergo General Insurance ?
To be a Sales Manager Bancassurance at HDFC Ergo General Insurance in india, the key skills required include:

  • - Relationship Management
  • - B2B Sales
  • - Bancassurance
  • - Insurance Sales
  • - Corporate Sales

These skills are highly valued at HDFC Ergo General Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HDFC Ergo General Insurance for Sales Manager Bancassurance in India?
ICICI Prudential Life Insurance ₹5.5 Lakhs to ₹11.1 Lakhs per year
ICICI Lombard General Insurance Company ₹4.3 Lakhs to ₹9.4 Lakhs per year
Kotak Mahindara Life Insurance ₹3.5 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Ergo General Insurance, depending on the role and experience level.
What is the salary of a Sales Manager Bancassurance in companies similar to HDFC Ergo General Insurance in India?
The salary of a Sales Manager Bancassurance at companies similar to HDFC Ergo General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Sun Life Insurance ₹1.9 Lakhs to ₹6.5 Lakhs per year
Axis Max Life Insurance ₹1.8 Lakhs to ₹4.7 Lakhs per year
Tata AIA Life Insurance ₹2.3 Lakhs to ₹4.0 Lakhs per year
Bajaj Allianz Life Insurance ₹2.3 Lakhs to ₹4.2 Lakhs per year
HDFC Life ₹1.8 Lakhs to ₹3.8 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 Sales Manager Bancassurance at HDFC Ergo General Insurance in India?
The salary growth for a Sales Manager Bancassurance at HDFC Ergo General Insurance depends on factors such as experience, performance, and promotions. On average, a Sales Manager Bancassurance can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience Average Salary Range
2 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
3 years ₹3.1 Lakhs to ₹3.9 Lakhs per year
4 years ₹3.5 Lakhs to ₹5.3 Lakhs per year
5 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
and so on.

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HDFC Ergo General Insurance Sales Manager Bancassurance salary in India ranges between ₹3.1 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.