HDFC Life New Delhi Management Trainee Salaries by 10+ Employees (Updated 2025)

0 - 2 years exp.

₹8.5 Lakhs - ₹12 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

Management Trainee Salary at HDFC Life ranges between ₹8.5 Lakhs to ₹12 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 15 latest salaries... Read more

36% more than the average Management Trainee Salary in Insurance Companies for 0 - 2 years of experience

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Last Updated: 14 Apr 2025

Companies similar to HDFC Life for Management Trainee in New Delhi

HDFC Life Management Trainee Salary

0 - 2 years exp. (15 salaries)

₹8.5 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Management Trainee Salary 0 - 3 years exp. (48 salaries)	₹4.9 L/yr - ₹7.5 L/yr 31% less
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (26 salaries)	₹7.3 L/yr - ₹10 L/yr 15% less
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Kotak Mahindara Life Insurance Management Trainee Salary 0 - 4 years exp. (22 salaries)	₹3.1 L/yr - ₹6 L/yr 60% less	19 job openings

Bajaj Allianz Life Insurance Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹3.7 L/yr - ₹8.5 L/yr 41% less
Tata AIA Life Insurance Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹8.9 L/yr - ₹16.6 L/yr 15% more
SBI Life Insurance Company Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹5.6 L/yr - ₹8 L/yr 27% less

From

Management Trainee

0 - 3 years exp.

Deputy Bancassurance Manager

Salary unavailable

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.

HDFC Life Management Trainee salaries by

Years of experience	Avg. annual salary
Fresher (8 salaries)	₹8.5 L/yr - ₹12 L/yr
1 year (6 salaries)	₹9.8 L/yr - ₹11 L/yr
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2 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr

Similar Designation Salaries at HDFC Life

Similar Designation	Avg. annual salary
Deputy Manager Salary (53 salaries)	₹4.8 L/yr - ₹12 L/yr
Senior Associate Salary (39 salaries)	₹2.4 L/yr - ₹4.3 L/yr
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Team Lead Salary (4 salaries)	₹2 L/yr - ₹4.5 L/yr
Financial Analyst Salary (3 salaries)	₹4 L/yr - ₹4.3 L/yr

What people are saying about HDFC Life

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an agency partner

What Growth I can expect from AABP to next 5 years? and if i resign from this job and Join Core Banking what happened?. Am i doing mistake

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Salary related reviews for HDFC Life

1.0

Rated by 2 employees for salary & benefits

Senior Associate in Machilipatnam

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.

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.

Promotions - Poor

Senior Associate in Mumbai

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.

Salary - Bad

+6 more

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• updated on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

Salary - Poor

+4 more

Senior Associate in Patna

Full Time

Customer Success, Service & Operations Department

1.0

• updated on 04 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Low salary structure Unwanted work pressure Dirty politics Zero growth if you're not a politician in the company Non recognition of your good work No incentives even after having huge targets Manual rating system of employees, you will be judged by your amount of buttering not by your performance. Overall very bad work culture

Salary - Bad

+6 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• updated on 19 Aug 2023

1.0

for Salary and Benefits

Likes

Flexibility of work from home.

Job security - Good

Dislikes

...nt is not supportive and the way they communicate with lower levels is terrible. Salary structure is horrible and shift hours are expected for 12 to 14 hrs a day

Salary - Bad

+5 more

see more salary related reviews

HDFC Life Management Trainee Salary FAQs

What is the salary of Management Trainee at HDFC Life in New Delhi?

The average salary of a Management Trainee at HDFC Life in New Delhi typically ranges from ₹8.5 Lakhs to ₹12.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Management Trainee in New Delhi at HDFC Life earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Management Trainee 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 10+ HDFC Life employees in India.

What is the estimated take home salary of a Management Trainee at HDFC Life in New Delhi?

The estimated take-home salary of a Management Trainee at HDFC Life in New Delhi typically ranges from ₹74,345 to ₹76,267 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 Life. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Life for Management Trainee in India?

Tata AIA Life Insurance

₹8.9 Lakhs to ₹16.6 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 Management Trainee in companies similar to HDFC Life in New Delhi?

The salary of a Management Trainee at companies similar to HDFC Life in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company	₹7.3 Lakhs to ₹10.0 Lakhs per year
SBI Life Insurance Company	₹5.6 Lakhs to ₹8.0 Lakhs per year
ICICI Prudential Life Insurance	₹4.9 Lakhs to ₹7.5 Lakhs per year
Bajaj Allianz Life Insurance	₹3.7 Lakhs to ₹8.5 Lakhs per year
Kotak Mahindara Life Insurance	₹3.1 Lakhs to ₹6.0 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 Management Trainee at HDFC Life in New Delhi?

The salary growth for a Management Trainee at HDFC Life in New Delhi depends on factors such as experience, performance, and promotions. On average, a Management Trainee in New Delhi can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
Fresher	₹8.5 Lakhs to ₹12.0 Lakhs per year
1 year	₹9.8 Lakhs to ₹11.0 Lakhs per year
2 years	₹9.4 Lakhs to ₹12.0 Lakhs per year

and so on.

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HDFC Life Management Trainee Salaries in New Delhi

HDFC Life Management Trainee salary in New Delhi ranges between ₹8.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 HDFC Life latest salaries received from various employees of HDFC Life.