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HDFC Life

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HDFC Life BDM salaries in India (Updated 2025)

Annual salary range
1 - 14 years exp.
₹2.4 Lakhs - ₹4.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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BDM Salary at HDFC Life ranges between ₹2.4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 155 latest salaries received from various... Read more

31% less than the average BDM Salary in Insurance Companies for 1 - 14 years of experience

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Last Updated: 18 Jun 2025

Companies similar to HDFC Life for BDM

Company name Avg Annual Salary Open Jobs
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SBI Life Insurance Company BDM Salary

2 - 10 years exp. (182 salaries)

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₹1.9 L/yr - ₹6.5 L/yr

arrow icon 28% more
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SBI General Insurance BDM Salary

1 - 8 years exp. (50 salaries)

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₹2 L/yr - ₹4.8 L/yr

arrow icon 3% less
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Bajaj Allianz Life Insurance BDM Salary

0 - 13 years exp. (29 salaries)

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₹3.4 L/yr - ₹5.2 L/yr

arrow icon 25% more
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Aditya Birla Sun Life Insurance BDM Salary

1 - 10 years exp. (7 salaries)

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₹3 L/yr - ₹5.8 L/yr

arrow icon 19% more
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Axis Max Life Insurance BDM Salary

5 - 12 years exp. (6 salaries)

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₹3.5 L/yr - ₹7.2 L/yr

arrow icon 50% more
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Shriram Life Insurance BDM Salary

0 - 9 years exp. (6 salaries)

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₹2.2 L/yr - ₹6.2 L/yr

arrow icon 5% more
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Kotak Mahindara Life Insurance BDM Salary

0 - 21 years exp. (7 salaries)

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₹4.5 L/yr - ₹10.2 L/yr

arrow icon 110% more
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Tata AIA Life Insurance BDM Salary

2 - 6 years exp. (5 salaries)

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₹3 L/yr - ₹4 L/yr

arrow icon 1% less
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ICICI Prudential Life Insurance BDM Salary

1 - 4 years exp. (4 salaries)

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₹3 L/yr - ₹3.5 L/yr

arrow icon 12% less
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Reliance Nippon Life Insurance BDM Salary

3 - 6 years exp. (4 salaries)

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₹3.2 L/yr - ₹4 L/yr

arrow icon 2% more
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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 23% less
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₹1.9 L/yr - ₹6.5 L/yr

arrow icon 13% more
HDFC Life BDM Salary and Career Growth

From

To

BDM

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1 - 14 years exp.

Senior Sales Manager

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4 - 14 years exp.

BDM

1 - 14 years exp.
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Assistant Sales Manager

1 - 11 years exp.
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arrow icon 32% hike

Sales Manager

0 - 11 years exp.
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arrow icon 1% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Latest annual salaries shared by HDFC Life BDM

2d ago
₹3.2 Lakhs
13 years exp.
1w ago
₹3.8 Lakhs
3 years exp.
1mo ago
₹4.5 Lakhs
10 years exp.
1mo ago
₹3.2 Lakhs
1 year exp.
1mo ago
₹4 Lakhs
4 years exp.
2mo ago
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5 years exp.
2mo ago
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5 years exp.
2mo ago
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10 years exp.
3mo ago
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4 years exp.
3mo ago
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3 years exp.

HDFC Life BDM salaries by

Years of experience Avg. annual salary
1 year  (15 salaries)

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₹2.4 L/yr - ₹4 L/yr
2 years  (30 salaries)

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₹2.4 L/yr - ₹4 L/yr
3 years  (21 salaries)

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₹2.4 L/yr - ₹4 L/yr
4 years  (29 salaries)

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₹2.4 L/yr - ₹4 L/yr
5 years  (25 salaries)

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₹2.5 L/yr - ₹4 L/yr
View all salaries by experience

Similar Designation Salaries at HDFC Life

Similar Designation Avg. annual salary
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₹4.1 L/yr - ₹15 L/yr

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₹1.2 L/yr - ₹4.6 L/yr

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₹2 L/yr - ₹6 L/yr

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₹3.7 L/yr - ₹11.1 L/yr

SDM Salary
(251 salaries)
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₹1.8 L/yr - ₹4 L/yr

Chief Manager Salary
(228 salaries)
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₹14 L/yr - ₹34 L/yr

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₹1 L/yr - ₹5 L/yr

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₹4.8 L/yr - ₹15 L/yr

unlock-blur

₹1.8 L/yr - ₹4.3 L/yr

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₹1.8 L/yr - ₹4.5 L/yr

View more similar designations

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
a senior executive
GF salary Vs. My salary
Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
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Salary related reviews for HDFC Life

4.0

Rated by 52 employees for salary & benefits

Full Time

 · 

Other Department

4.0
  •  updated on 04 Oct 2024

3.0
 for  Salary and Benefits

Likes

Skill development and learning is the main element in the hdfc life. Company culture and environment is very place to work.

read more
  • Skill development - Excellent
  • +2 more

Dislikes

...ys. Promotions and appraisals is a joke here less than 6% is the increment here. Salary are very low when compared to other similar industry.

read more
  • Promotions - Poor

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  updated on 19 Jul 2024

1.0
 for  Salary and Benefits

Likes

Hdfc life office is hygienic.

Dislikes

Manager is your god. And manager scold in con call tell fukat ka salary leta hai kya. If you achieve Target then also you will not get increment. Boss gives more priority to girls.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Risk Management & Compliance Department

3.0
  •  updated on 26 Nov 2023

1.0
 for  Salary and Benefits

Likes

The way they make fool our of you. JD and actual work are really different. Popular statement "I am a really considerate manager".

read more
  • Job security - Excellent

Dislikes

Usual work day is for about 12 hrs On document Saturday is a non working day but you will be forced to work with out pay. Overtime is a myth Promotion depends upon L1's will. Variable pay is only for MT's and chief manager & above Huge gap in pay at same band.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  updated on 25 Apr 2023

3.0
 for  Salary and Benefits

Likes

...l Rules/regulations and values set by the organisation are really praise worthy. Good initial salary package. You will learn communication skills and build confidence but not much technical skills though.

read more

Dislikes

The management staff doesn't really follow what has been preached. You will be verbally harassed for not meeting targets, i have seen senior make fun of people based on their looks. According to the company's rules miss selling is a taboo but managers will force you to sell products by hook or crook to meet targets. You will be made to work extra long hours instead of the promised actual time. if it's a big branch with more competation and god forbid if the competition gets good business, you will be chewed up by your senior's on a private call. My friend was in tears when he got shouted on for not being able to get business and it was only his first month. Overall the framework of the company is nice but whether you will enjoy your work life or not depends on the kind of superiors you get.

read more
  • Work-life balance - Poor

Full Time

 · 

Other Department

3.0
  •  updated on 03 Sep 2023

2.0
 for  Salary and Benefits

Likes

Stable job, one can work with co for long term. Good HR policies. Female friendly and safe organisation.

  • Skill development - Good
  • +2 more

Dislikes

1. Pay structure is poor. The CTC includes the annual bonus. That means for earning your own CTC, one has to earn rating. 2. The managers are poor skilled, knows only to create pressure but don't know to manage pressure. Don't groom the teams. 3. 6 days working. 4. Way behind technically. Huge manual work is still there which can be handled by improved technology. 5. Overall, the co doesn't want to spend money over people, over technology,

read more
  • Salary - Poor
  • +2 more
see more salary related reviews

HDFC Life BDM Salary FAQs

What is the salary of BDM at HDFC Life ?
The average salary of a BDM at HDFC Life in India typically ranges from ₹2.4 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 14 years).

The top 10% of BDM at HDFC Life earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. BDM 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 100+ HDFC Life employees in India.
What is the estimated take home salary of a BDM at HDFC Life in India?
The estimated take-home salary of a BDM at HDFC Life in India typically ranges from ₹25,989 to ₹27,413 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 14 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 100+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than HDFC Life for BDM in India?
Kotak Mahindara Life Insurance ₹4.5 Lakhs to ₹10.2 Lakhs per year
Axis Max Life Insurance ₹3.5 Lakhs to ₹7.2 Lakhs per year
SBI Life Insurance Company ₹1.9 Lakhs to ₹6.5 Lakhs per year
Bajaj Allianz Life Insurance ₹3.4 Lakhs to ₹5.2 Lakhs per year
Aditya Birla Sun Life Insurance ₹3.0 Lakhs to ₹5.8 Lakhs per year

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

ICICI Lombard General Insurance Company ₹1.9 Lakhs to ₹6.5 Lakhs per year
Shriram Life Insurance ₹2.2 Lakhs to ₹6.2 Lakhs per year
Reliance Nippon Life Insurance ₹3.2 Lakhs to ₹4.0 Lakhs per year
Tata AIA Life Insurance ₹3.0 Lakhs to ₹4.0 Lakhs per year
SBI General Insurance ₹2.0 Lakhs to ₹4.8 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 BDM at HDFC Life in India?
The salary growth for a BDM at HDFC Life depends on factors such as experience, performance, and promotions. On average, a BDM can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
1 year ₹2.4 Lakhs to ₹4.0 Lakhs per year
2 years ₹2.4 Lakhs to ₹4.0 Lakhs per year
3 years ₹2.4 Lakhs to ₹4.0 Lakhs per year
4 years ₹2.4 Lakhs to ₹4.0 Lakhs per year
and so on.

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HDFC Life BDM salary in India ranges between ₹2.4 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 155 HDFC Life latest salaries received from various employees of HDFC Life.