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HDFC Life Bancassurance Manager salaries in Lucknow (Updated 2025)

Annual salary range
1 - 10 years exp.
₹4 Lakhs - ₹7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Bancassurance Manager Salary at HDFC Life ranges between ₹4 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 44 latest salaries received from... Read more

At par with the average Bancassurance Manager Salary in Insurance Companies for 1 - 10 years of experience

Interested in this particular role? 4 job openings

What are the roles & responsibilities of a Bancassurance Manager at HDFC Life?

Sales Management

  • Drive sales targets for banking and financial products
  • Meet daily/weekly/monthly sales objectives
  • Identify opportunities for growth in the bancassurance channel
  • Develop and execute strategies for cross-selling

Relationship Management

  • Manage and nurture relationships with bank partners

Read full roles & responsibilities

Last Updated: 14 Aug 2025

Latest annual salaries shared by HDFC Life Bancassurance Manager in Lucknow

3d ago
₹6 Lakhs
9 years exp.
1w ago
₹5.3 Lakhs
6 years exp.
2w ago
₹6.1 Lakhs
4 years exp.
1mo ago
₹5.6 Lakhs
6 years exp.
3mo ago
₹6.6 Lakhs
6 years exp.
9mo ago
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7 years exp.
10mo ago
avg blur mobile
10 years exp.

HDFC Life Bancassurance Manager salaries by

Years of experience Avg. annual salary
1 year (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.3 L/yr
2 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
3 years  (4 salaries)

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₹5.2 L/yr - ₹6.2 L/yr
4 years  (6 salaries)

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₹4 L/yr - ₹6.1 L/yr
5 years  (4 salaries)

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₹4.5 L/yr - ₹7 L/yr
View all salaries by experience

Similar Designation Salaries at HDFC Life

Similar Designation Avg. annual salary
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₹5.7 L/yr - ₹10 L/yr

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₹2.2 L/yr - ₹4 L/yr

What people are saying about HDFC Life

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insurancelelo
Verified Icon
2w
works at
Axis Max Life Insurance
MBA regret: Started too low, now what?
I'm 24, MBA grad from Chandigarh University (Distance) in 2024. No campus placement, so I took a Banca channel job at Aditya Birla Sun Life for 2.75L via walk-in. Hit 100% of targets for 8 months. Realized freshers were earning more at Tata, Birla, and HDFC Life (upto 4L). Switched to Axis at 3.7L. Now I regret starting so low. It'll take 1.5-2 years to reach a 5-6L package because I lacked references and campus placement. My initial package messed up my career start. Most companies hike 35-40%. I've lost 2 years despite having the knowledge and skills. No MBA value. Just regret. What should I do next? Is there any way to monetize my time spent? My potential is asking for more CTC but the initial package messed everything up.
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HDFC Life Bancassurance Manager Salary FAQs

What is the salary of Bancassurance Manager at HDFC Life in Lucknow?
The average salary of a Bancassurance Manager at HDFC Life in Lucknow typically ranges from ₹4.0 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Bancassurance Manager in Lucknow at HDFC Life earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Bancassurance Manager Salaries at HDFC Life 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 40+ HDFC Life employees in India.
What is the estimated take home salary of a Bancassurance Manager at HDFC Life in Lucknow?
The estimated take-home salary of a Bancassurance Manager at HDFC Life in Lucknow typically ranges from ₹42,519 to ₹43,647 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 40+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Bancassurance Manager at HDFC Life in Lucknow?
To be a Bancassurance Manager at HDFC Life in Lucknow, the key skills required include:

  • - Life Insurance
  • - Life Insurance
  • - Insurance Sales
  • - Bfsi Sales
  • - banca sales

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.
How the salary growth look like for a Bancassurance Manager at HDFC Life in Lucknow?
The salary growth for a Bancassurance Manager at HDFC Life in Lucknow depends on factors such as experience, performance, and promotions. On average, a Bancassurance Manager in Lucknow can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
1 year ₹4.9 Lakhs to ₹6.3 Lakhs per year
2 years ₹5.0 Lakhs to ₹6.4 Lakhs per year
3 years ₹5.2 Lakhs to ₹6.2 Lakhs per year
4 years ₹4.0 Lakhs to ₹6.1 Lakhs per year
and so on.

Top skills at HDFC Life for Bancassurance Manager

Customer Service Sales Relationship Management Problem Solving Leadership

Tell us how to improve this page.

HDFC Life Bancassurance Manager salary in Lucknow ranges between ₹4 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 44 HDFC Life latest salaries received from various employees of HDFC Life.