HDFC Life Agency Business Development Manager Salaries by 4 Employees (Updated 2025)

5 - 9 years exp.

₹0.4 Lakh - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

45% less than the average Agency Business Development Manager Salary in Insurance Companies for 5 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations Agency Business Development Manager Salary 9 years exp. (AmbitionBox Estimate)	₹0.4 L/yr - ₹0.5 L/yr
Sales & Business Development Agency Business Development Manager Salary 5 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Administration & Facilities Agency Business Development Manager Salary 6 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
Content, Editorial & Journalism Agency Business Development Manager Salary 7 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 21 Dec 2024

Companies similar to HDFC Life for Agency Business Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Agency Business Development Manager Salary 2 - 9 years exp. (7 salaries)	₹3.4 L/yr - ₹4.3 L/yr 66% more
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Care Health Insurance Agency Business Development Manager Salary 5 - 11 years exp. (5 salaries)	₹4 L/yr - ₹4.5 L/yr 88% more

Agency Business Development Manager salary at HDFC Life ranges between ₹0.4 Lakh to ₹4.5 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Agency Business Development Manager salaries

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.8 L/yr
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7 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
9 years (AmbitionBox Estimate)	₹0.4 L/yr - ₹2.4 L/yr

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Salary related reviews for HDFC Life

Business Development Manager in Vasai-Virar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 May 2024

3.0

for Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading 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

...se that's why they are doing insurance these are the facts they take advantage 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

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted 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.

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

Flexibility of work from home.

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

Deputy Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Aug 2023

2.0

for Salary and Benefits

Dislikes

... Saturday and Sunday off as they have mentioned holiday at the time of joining. Also I feel there is discrimination in salary increament policy and working time among employees.

see more salary related reviews

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I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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HDFC Life Agency Business Development Manager Salary FAQs

What is the salary of Agency Business Development Manager at HDFC Life?

Agency Business Development Manager salary at HDFC Life in India ranges between ₹0.4 Lakhs to ₹4.5 Lakhs for experience between 5 years to 9 years. According to our estimates it is 45% less than the average Agency Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life India.

How does the salary of a Agency Business Development Manager at HDFC Life India compare with the average salary range for this job?

The average salary of a Agency Business Development Manager at HDFC Life is 45% less than the average salary of a Agency Business Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Agency Business Development Manager in India?

Care Health Insurance Agency Business Development Manager Salary - ₹4.0 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance Agency Business Development Manager Salary - ₹3.4 Lakhs to ₹4.3 Lakhs per year

What is the estimated take home salary of a Agency Business Development Manager at HDFC Life in India?

The estimated take-home salary of a Agency Business Development Manager at HDFC Life ranges between ₹15,358 per month to ₹16,956 per month in India. The take-home salary calculation is based on the average HDFC Life Agency Business Development Manager salary in India which ranges between ₹0.4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Agency Business Development Manager at HDFC Life?

According to AmbitionBox, 80% of the HDFC Life Agency Business Development Managers reported a notice period of 15 days or less, 20% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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HDFC Life Agency Business Development Manager Salaries

HDFC Life Agency Business Development Manager salary in India ranges between ₹0.4 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.