HDFC Life

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4.0

based on 7.2k Reviews

HQ - Mumbai, Maharashtra, India Insurance 10k-50k Employees (India) Financial Services Public
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HDFC Life Salaries in India

based on 25.8k latest salaries

3.8

Rated by 7.2k Employees for salary and benefits

Top Departments at HDFC Life
Designation Average Salary
Yearly arrow-down

Corporate Agency Manager

Experience: 0 - 9 yrs (2k Salaries)
₹ 3,70,650/year

(₹1.8L/yr - ₹5.1L/yr)

Business Development Manager

Experience: 0 - 10 yrs (1.6k Salaries)
₹ 3,41,145/year

(₹1.5L/yr - ₹4.6L/yr)

Senior Corporate Agency Manager

Experience: 0 - 10 yrs (1.6k Salaries)
₹ 4,47,477/year

(₹2.9L/yr - ₹5.7L/yr)

Sales Development Manager

Experience: 0 - 7 yrs (1.2k Salaries)
₹ 2,99,138/year

(₹1.4L/yr - ₹4.1L/yr)

Bancassurance Manager

Experience: 0 - 12 yrs (863 Salaries)
₹ 5,51,949/year

(₹2.9L/yr - ₹6.8L/yr)

Deputy Manager

Experience: 0 - 15 yrs (768 Salaries)
₹ 7,91,064/year

(₹3.5L/yr - ₹12.5L/yr)

Senior Associate

Experience: 0 - 8 yrs (720 Salaries)
₹ 3,03,240/year

(₹1.0L/yr - ₹4.5L/yr)

Corporate Manager

Experience: 1 - 17 yrs (699 Salaries)
₹ 6,95,601/year

(₹2.4L/yr - ₹11.0L/yr)

Manager- Corporate Sales

Experience: 4 - 16 yrs (679 Salaries)
₹ 8,37,317/year

(₹4.0L/yr - ₹12.0L/yr)

Assistant Sales Manager

Experience: 0 - 11 yrs (465 Salaries)
₹ 4,24,331/year

(₹2.3L/yr - ₹5.4L/yr)

Last Updated: 10 Dec, 2023

HDFC Life Salary FAQs

How much does HDFC Life pay per year?
The average HDFC Life salary ranges from approximately ₹1.0 Lakhs per year for a Tele Caller to ₹88.6 Lakhs per year for a Senior Vice President. Salary estimates are based on 25.8k HDFC Life salaries received from various employees of HDFC Life. HDFC Life employees rate the overall salary and benefits package 3.8/5 stars.
What is the highest salary in HDFC Life?
The highest-paying job at HDFC Life is a Senior Vice President with a salary of ₹88.6 Lakhs per year. The top 10% of employees earn more than ₹11.52 lakhs per year. The top 1% earn more than a whopping ₹31.98 lakhs per year.
What is the minimum salary in HDFC Life?
Minimum salary at HDFC Life depends on the role you are applying for. For Sales Development Manager the minimum salary is ₹3.0 Lakhs per year, for Senior Associate the minimum salary is ₹3.0 Lakhs per year and so on.
What is the salary package for freshers in HDFC Life?
The average salary at HDFC Life for freshers varies from ₹1.1 Lakhs per year for Tele Caller to ₹9.6 Lakhs per year for Management Trainee. View Fresher Salaries at HDFC Life
What is the notice period at HDFC Life?
According to AmbitionBox, 48% of the HDFC Life employees reported a notice period of 1 Month, 24% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 22.2k responses on AmbitionBox in last 2 years.

Reviews which talk about salary at HDFC Life

Clustur Manager Banca Assurance In HDFC Life Insurance. in Kolhapur

Full Time

 · 

Life Insurance Department

1.0
posted on 01 Dec 2023

1.0 for Salary and Benefits

Likes

Nothing

Dislikes

No salary hike. Incentives are worst in industry. They are forcing to employee for serving 3 months notice period without fail. That's why carrier opportunities of employee is missing. Worst senior support at all. Too much complicated system and most of the time its under maintainable . Really fed up with this...

Work Details

Work days: Monday to Saturday (Strict Timings)

Operations Manager in Mumbai, Maharashtra

Full Time

 · 

Operations / Strategy Department

3.0
posted 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".

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.

Work Details

Work policy: 3 days/week from office

Work days: Monday to Saturday (Strict Timings)

Associate Manager in Mumbai

Full Time

 · 

Operations Department

3.0
posted on 27 Oct 2023

3.0 for Salary and Benefits

Likes

If you are fresher in the and want to work and learn how India's leading private company work and gain experience, then this is the good.

Dislikes

As usual office politics, not supporting their vintage employees. Unbalanced work life. Moderate pay compare to their fellow companies.

Work Details

Work policy: 2 days/week from office

Work timings: Flexible Timings

Sales Manager in Mumbai

Full Time

 · 

Life Insurance Department

1.0
posted on 24 Oct 2023

3.0 for Salary and Benefits

Likes

Already they are top in insurance sector so people know about this company that's good part.

Dislikes

...In small salary package thier expectation is more than crore For a freshers Or 2 years experience not good place to work You have to travel every single day like a horse (on your money) Many more people don't share because they sacred if they share they can't get job because these people leaves and they go to another company so it's like round like earth anyone can meet anywhere In 100 people only will success 2

Work Details

Work days: Monday to Saturday (Strict Timings)

SR. Cluster Head in Chennai

Full Time

 · 

Life Insurance Department

5.0
posted on 20 Oct 2023

5.0 for Salary and Benefits

Likes

Company culture is awesome. It's employee oriented and they are giving huge support for employee. We can earn incentives more than salary here. Feeling very comfort. I have job satisfaction here as well salary.

Dislikes

There is nothing to dislike here.

Work Details

Work days: Monday to Saturday (Flexible Timings)

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Tell us how to improve this page.

Average annual salary in HDFC Life is INR 6.2 lakhs . Salary estimates are based on 25.8k HDFC Life latest salaries received from various employees of HDFC Life.