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Avg. annual salary
₹3.5
Lakhs
(₹1.5 L/yr - ₹4.6 L/yr)
Monthly in-hand salary
₹
25,745
- ₹
27,173
53% less than the average Business Development Manager Salary in Insurance Companies for 0 - 10 years of experience
Interested in this particular role? 18 job openings
Salaries in different departments
Sales & Business Development
Business Development Manager Salary 0 - 10
years
exp.
(351
salaries)
|
₹3.6
Lakhs
₹1.8 L/yr - ₹4.6 L/yr |
BFSI, Investments & Trading
Business Development Manager Salary 0 - 10
years
exp.
(348
salaries)
|
₹3.5
Lakhs
₹1.5 L/yr - ₹4.5 L/yr |
Customer Success, Service & Operations
Business Development Manager Salary 0 - 9
years
exp.
(95
salaries)
|
₹3.5
Lakhs
₹1.8 L/yr - ₹4.5 L/yr |
Finance & Accounting
Business Development Manager Salary 0 - 10
years
exp.
(93
salaries)
|
₹3.5
Lakhs
₹1.9 L/yr - ₹4 L/yr |
Marketing & Communication
Business Development Manager Salary 0 - 10
years
exp.
(89
salaries)
|
₹3.5
Lakhs
₹2.1 L/yr - ₹4.5 L/yr |
Personalize below salary insights based on your work experience.
Add your work exp.
Companies similar to HDFC Life for Business Development Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
ICICI Prudential Life Insurance
Business Development Manager Salary
0 - 8 years exp. (147 salaries) |
₹3.7
Lakhs
₹2 L/yr - ₹5 L/yr 
5%
more | |
SBI Life Insurance Company
Business Development Manager Salary
0 - 13 years exp. (766 salaries) |
₹4.7
Lakhs
₹2 L/yr - ₹7 L/yr
33%
more | |
Max Life Insurance
Business Development Manager Salary
2 - 9 years exp. (176 salaries) |
₹5.1
Lakhs
₹2.1 L/yr - ₹7.2 L/yr
45%
more | 2 job openings |
Bajaj Allianz Life Insurance
Business Development Manager Salary
0 - 11 years exp. (172 salaries) |
₹4.4
Lakhs
₹3 L/yr - ₹6 L/yr
24%
more | 1 job opening |
Tata AIA Life Insurance
Business Development Manager Salary
2 - 10 years exp. (26 salaries) |
₹3.7
Lakhs
₹2.5 L/yr - ₹6.3 L/yr
5%
more | |
SBI General Insurance
Business Development Manager Salary
0 - 10 years exp. (471 salaries) |
₹3.7
Lakhs
₹1.6 L/yr - ₹5.5 L/yr
4%
more | 11 job openings |
Aditya Birla Sun Life Insurance
Business Development Manager Salary
0 - 12 years exp. (118 salaries) |
₹4.2
Lakhs
₹2.8 L/yr - ₹6 L/yr
19%
more | |
Kotak Mahindara Life Insurance
Business Development Manager Salary
1 - 14 years exp. (111 salaries) |
₹6.2
Lakhs
₹2 L/yr - ₹10.1 L/yr
75%
more | |
ICICI Lombard General Insurance Company
Business Development Manager Salary
0 - 13 years exp. (94 salaries) |
₹5.1
Lakhs
₹2.1 L/yr - ₹10 L/yr
44%
more | |
Reliance Nippon Life Insurance
Business Development Manager Salary
2 - 12 years exp. (54 salaries) |
₹3.8
Lakhs
₹1.8 L/yr - ₹6 L/yr
7%
more | |
HDFC Ergo General Insurance
Business Development Manager Salary
1 - 9 years exp. (19 salaries) |
₹4
Lakhs
₹2 L/yr - ₹6.5 L/yr
14%
more | |
PNB MetLife
Business Development Manager Salary
0 - 8 years exp. (11 salaries) |
₹3.8
Lakhs
₹2 L/yr - ₹5.8 L/yr
8%
more | |
Aegon Religare Life Insurance
Business Development Manager Salary
4 - 15 years exp. (5 salaries) |
₹5.4
Lakhs
₹3.3 L/yr - ₹6.5 L/yr
53%
more | |
The Oriental Insurance Co.
Business Development Manager Salary
2 - 18 years exp. (4 salaries) |
₹22.9
Lakhs
₹11.4 L/yr - ₹24.6 L/yr
548%
more | |
Aditya Birla Insurance Brokers
Business Development Manager Salary
5 - 18 years exp. (4 salaries) |
₹4.1
Lakhs
₹3.5 L/yr - ₹4.9 L/yr
16%
more | |
Gallagher
Business Development Manager Salary
4 - 14 years exp. (3 salaries) |
₹10.3
Lakhs
₹10 L/yr - ₹10.8 L/yr
191%
more |
Average HDFC Life Business Development Manager salary
in India is ₹3.5 Lakhs
per year for employees with less than 1 year of experience to 10 years.
Business Development Manager salary at HDFC Life ranges between
₹1.5
Lakh
to ₹4.6 Lakhs
per year. Salary estimates are based on
1.5k latest salaries received
from various employees of HDFC Life.
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Latest annual salaries shared by HDFC Life Business Development Manager
1d ago
₹3.8
Lakhs
7
years
exp.
1d ago
₹3.8
Lakhs
8
years
exp.
3d ago
₹3.8
Lakhs
3
years
exp.
4d ago
₹3.5
Lakhs
5
years
exp.
4d ago
₹3.6
Lakhs
2
years
exp.
5d ago
₹4
Lakhs
8
years
exp.
5d ago
₹3.8
Lakhs
4
years
exp.
6d ago
₹4.5
Lakhs
1
year
exp.
1w ago
₹4
Lakhs
7
years
exp.
1w ago
₹3.8
Lakhs
3
years
exp.
Experience wise HDFC Life Business Development Manager salaries
Last Updated: 14 Sep 2024
| Experience | Avg Annual Salary |
|---|---|
| Fresher (96 salaries) | ₹3.4 Lakhs (₹2 L/yr - ₹4 L/yr)
|
| 1 year (143 salaries) | ₹3.5 Lakhs (₹1.8 L/yr - ₹4.5 L/yr)
|
| 2 years (233 salaries) | ₹3.5 Lakhs (₹1.9 L/yr - ₹4 L/yr)
|
| 3 years (310 salaries) | ₹3.5 Lakhs (₹1.5 L/yr - ₹4.5 L/yr)
|
| 4 years (228 salaries) | ₹3.5 Lakhs (₹1.9 L/yr - ₹4.6 L/yr)
|
View all
Business Development Manager salaries sourced from jobs posted by HDFC Life
Last Updated: 10 Sep 2024
| Experience | Avg Annual Salary |
|---|---|
| 0 - 2 years exp | ₹0.5 - ₹ 3 Lakhs |
| 2 - 4 years exp | ₹1.3 - ₹ 4.3 Lakhs |
| 4 - 6 years exp | ₹1.9 - ₹ 5 Lakhs |
| 6 - 8 years exp | ₹3.5 - ₹ 5.5 Lakhs |
| 8 - 10 years exp | ₹4.3 - ₹ 19 Lakhs |
Similar Designation salaries in HDFC Life
Top skills at HDFC Life for Business Development Manager
Business Development Management
Insurance Sales
Agency Sales
Agent Recruitment
Life Insurance
Agency Channel
Sales
Field Sales
Distribution Network
bfsi
Claim Settlement
Insurance
Business Development
agency development
Sales Management
Salary related reviews for HDFC Life
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HDFC Life Business Development Manager Salary FAQs
What is the salary of Business Development Manager at HDFC Life?
Average HDFC Life Business Development Manager salary in India is ₹3.5 Lakhs for less than 1 year of experience to 10 years. Business Development Manager salary at HDFC Life India ranges between ₹1.5 Lakhs to ₹4.6 Lakhs. According to our estimates it is 53% less than the average Business Development Manager Salary in India. Salary estimates are based on 1.5k latest salaries received from various employees of HDFC Life India.
How does the salary of a Business Development Manager at HDFC Life India compare with the average salary range for this job?
The average salary of a Business Development Manager at HDFC Life is ₹3.5 Lakhs per year which is 53% less than average salary of a Business Development Manager in India which receives a salary of ₹7.4 Lakhs per year.
What are the top skills required to work as a Business Development Manager at HDFC Life?
Business Development Management, Insurance Sales, Agency Sales, Agent Recruitment and Life Insurance are some of the popular skills required to work as a Business Development Manager at HDFC Life India.
Which similar companies are paying more than HDFC Life to a Business Development Manager in India?
- The Oriental Insurance Co. Business Development Manager Salary - 22.9 Lakhs per year
- Gallagher Business Development Manager Salary - 10.3 Lakhs per year
- Kotak Mahindara Life Insurance Business Development Manager Salary - 6.2 Lakhs per year
- Aegon Religare Life Insurance Business Development Manager Salary - 5.4 Lakhs per year
- Max Life Insurance Business Development Manager Salary - 5.1 Lakhs per year
What is the salary of a Business Development Manager in companies similar to HDFC Life in India?
- ICICI Lombard General Insurance Company Business Development Manager Salary - 5.1 Lakhs per year
- SBI Life Insurance Company Business Development Manager Salary - 4.7 Lakhs per year
- Bajaj Allianz Life Insurance Business Development Manager Salary - 4.4 Lakhs per year
- Aditya Birla Sun Life Insurance Business Development Manager Salary - 4.2 Lakhs per year
- Aditya Birla Insurance Brokers Business Development Manager Salary - 4.1 Lakhs per year
What is the estimated take home salary of a Business Development Manager at HDFC Life in India?
The estimated take home salary of a Business Development Manager at HDFC Life ranges between ₹25,745 per month to ₹27,173 per month in India. The take home salary calculation is based on the average HDFC Life Business Development Manager salary in India which is ₹3.5 Lakhs per year for employees with less than 1 year of experience to 10 years Check how did we calculate take home salary?
How much salary HDFC Life as an employer is offering to a Business Development Manager in India?
HDFC Life is offering a Business Development Manager a salary in the range of 0.5 L/yr to 19 L/yr with experience ranging between 0 to 10 years of experience. Salary Estimates are based on the jobs submitted by HDFC Life
What is the notice period for Business Development Manager at HDFC Life?
According to AmbitionBox, 52% of the HDFC Life Business Development Managers reported a notice period of 1 Month, 42% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 2k responses on AmbitionBox in last 2 years.
HDFC Life Business Development Manager Salaries by Location
- HDFC Life Business Development Manager salaries in Mumbai
- HDFC Life Business Development Manager salaries in New Delhi
- HDFC Life Business Development Manager salaries in Kolkata
- HDFC Life Business Development Manager salaries in Pune
- HDFC Life Business Development Manager salaries in Lucknow
- Show more
- HDFC Life Business Development Manager salaries in Bangalore / Bengaluru
- HDFC Life Business Development Manager salaries in Noida
- HDFC Life Business Development Manager salaries in Faridabad
- HDFC Life Business Development Manager salaries in Ahmedabad
- HDFC Life Business Development Manager salaries in Vadodara
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HDFC Life Business Development Manager salary in India ranges between ₹₹1.5 Lakh to ₹₹4.6 Lakhs with an average annual salary of ₹₹3.5 Lakhs. Salary estimates are based on 1.5k HDFC Life latest salaries received from various employees of HDFC Life.