HDFC Life Agency Development Manager Salaries by 200+ Employees (Updated 2025)

2 - 14 years exp.

₹2.5 Lakhs - ₹6.5 Lakhs

Salary of majority employees

At par with the average Agency Development Manager Salary in Insurance Companies for 2 - 14 years of experience

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Salaries in different departments

Sales & Business Development Agency Development Manager Salary 2 - 14 years exp. (74 salaries)	₹2.5 L/yr - ₹6 L/yr
BFSI, Investments & Trading Agency Development Manager Salary 2 - 14 years exp. (58 salaries)	₹3.3 L/yr - ₹6 L/yr
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Customer Success, Service & Operations Agency Development Manager Salary 3 - 12 years exp. (24 salaries)	₹3.1 L/yr - ₹6 L/yr
Marketing & Communication Agency Development Manager Salary 2 - 12 years exp. (23 salaries)	₹2.5 L/yr - ₹6.5 L/yr
Finance & Accounting Agency Development Manager Salary 3 - 12 years exp. (10 salaries)	₹3.5 L/yr - ₹6 L/yr

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Last Updated: 15 Aug 2024

Companies similar to HDFC Life for Agency Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Agency Development Manager Salary 0 - 9 years exp. (38 salaries)	₹2 L/yr - ₹6.5 L/yr 19% less
SBI Life Insurance Company Agency Development Manager Salary 0 - 9 years exp. (17 salaries)	₹2.5 L/yr - ₹4.2 L/yr 22% less
Login to view exact salary
Max Life Insurance Agency Development Manager Salary 0 - 12 years exp. (558 salaries)	₹2 L/yr - ₹6.7 L/yr 3% more	33 job openings
Kotak Mahindara Life Insurance Agency Development Manager Salary 2 - 9 years exp. (19 salaries)	₹1 L/yr - ₹5.5 L/yr 20% less
Bajaj Allianz Life Insurance Agency Development Manager Salary 1 - 9 years exp. (7 salaries)	₹3.1 L/yr - ₹4.5 L/yr 9% less
Tata AIA Life Insurance Agency Development Manager Salary 2 - 9 years exp. (5 salaries)	₹2.8 L/yr - ₹6.3 L/yr 9% less
Reliance Nippon Life Insurance Agency Development Manager Salary 0 - 8 years exp. (141 salaries)	₹1.2 L/yr - ₹5 L/yr 38% less
Bharti AXA Life Insurance Agency Development Manager Salary 0 - 10 years exp. (16 salaries)	₹2 L/yr - ₹4.4 L/yr 38% less
Star Health & Allied Insurance Agency Development Manager Salary 1 - 10 years exp. (165 salaries)	₹2.1 L/yr - ₹5.6 L/yr 27% less
HDFC Ergo General Insurance Agency Development Manager Salary 0 - 8 years exp. (57 salaries)	₹2.2 L/yr - ₹4.5 L/yr 26% less
ICICI Lombard General Insurance Company Agency Development Manager Salary 0 - 8 years exp. (6 salaries)	₹2.6 L/yr - ₹6 L/yr 10% less
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Max Financial Services Agency Development Manager Salary 7 - 9 years exp. (6 salaries)	₹3 L/yr - ₹5.5 L/yr 7% less
PNB MetLife Agency Development Manager Salary 6 - 11 years exp. (5 salaries)	₹4.1 L/yr - ₹7.8 L/yr 27% more
Shriram Life Insurance Agency Development Manager Salary 1 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr 41% less
Aditya Birla Sun Life Insurance Agency Development Manager Salary 1 - 10 years exp. (4 salaries)	₹2.6 L/yr - ₹3.8 L/yr 29% less

Agency Development Manager salary at HDFC Life ranges between ₹2.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 244 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Agency Development Manager salaries

Last Updated: 15 Aug 2024

Experience	Avg Annual Salary
2 years (12 salaries)	₹2.5 L/yr - ₹4.5 L/yr
3 years (18 salaries)	₹2.5 L/yr - ₹5.5 L/yr
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4 years (24 salaries)	₹3.3 L/yr - ₹5 L/yr
5 years (29 salaries)	₹3.3 L/yr - ₹6 L/yr
6 years (26 salaries)	₹3 L/yr - ₹6 L/yr
7 years (23 salaries)	₹2.7 L/yr - ₹6.5 L/yr
8 years (24 salaries)	₹3.5 L/yr - ₹6 L/yr
9 years (22 salaries)	₹3.5 L/yr - ₹5.5 L/yr
10 years (24 salaries)	₹3.5 L/yr - ₹6 L/yr
11 years (11 salaries)	₹3.4 L/yr - ₹6 L/yr
12 years (13 salaries)	₹4 L/yr - ₹6 L/yr
13 years (9 salaries)	₹4.5 L/yr - ₹6 L/yr
14 years (9 salaries)	₹4 L/yr - ₹6 L/yr

View all

Similar Designation salaries in HDFC Life

Business Development Manager Salary

(1.4k salaries)

₹1.5 L/yr - ₹5 L/yr

Area Sales Manager Salary

(42 salaries)

₹2 L/yr - ₹8 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹20.7 L/yr - ₹26.5 L/yr

Senior Business Development Manager Salary

(4 salaries)

₹3 L/yr - ₹5 L/yr

Senior Sales Manager Salary

(217 salaries)

₹2.3 L/yr - ₹8 L/yr

Area Business Manager Salary

(267 salaries)

₹2.4 L/yr - ₹8.5 L/yr

Business Development Associate Salary

(5 salaries)

₹2.3 L/yr - ₹8 L/yr

Deputy Manager Salary

(818 salaries)

₹3.5 L/yr - ₹12.15 L/yr

Regional Manager Salary

(18 salaries)

₹11.5 L/yr - ₹35.2 L/yr

Assistant Sales Manager Salary

(412 salaries)

₹2.5 L/yr - ₹6 L/yr

Top skills at HDFC Life for Agency Development Manager

Life Insurance Channel Sales Channel Sales Management Bancassurance Communication Skills Insurance Sales agency bdm Development Management Sales Agency Sales Field Sales Banking agency development Marketing Communication

Salary related reviews for HDFC Life

4.0

Rated by 76 employees for salary & benefits

Agency Development Manager in Gorakhpur

BFSI, Investments & Trading Department

4.0

• posted on 01 Feb 2020

2.0

for Salary and Benefits

Likes

Company training program is good, good work environment and work-life balance to achieve your goals.

Skill development - Good

+1 more

Dislikes

Salary structure is very bad and it is demotivating in career growth. There is hidden deduction in your CTC. You know after joining. If you are not achieving target and not doing activity according to company requirement your salary will be deducted.

Salary - Poor

Business Development Manager in Bijnor

Full Time

Marketing & Communication Department

5.0

• posted on 10 Feb 2025

1.0

for Salary and Benefits

Likes

Hello team m Rishabh Rastogi from HDFC LIFE Bijnor Branch, there is a lot of pressure here for work and HDFC Life is a very good brand but there are no facilities for the employees in the office.

Work-life balance - Excellent

Dislikes

Here the calculation is less Here the salary is very high as compared to low and the facilities are also very less, the promotions target is very high and there are many parameters.

Salary - Bad

+4 more

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.

Work satisfaction - Bad

+2 more

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

Skill development - Poor

+5 more

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.

Salary - Poor

+4 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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HDFC Life Agency Development Manager Salary FAQs

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

Agency Development Manager salary at HDFC Life in India ranges between ₹2.5 Lakhs to ₹6.5 Lakhs for experience between 2 years to 14 years. According to our estimates it is 4% more than the average Agency Development Manager Salary in India. Salary estimates are based on 244 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Agency Development Manager at HDFC Life is 4% more than the average salary of a Agency Development Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Agency Development Manager at HDFC Life?

Life Insurance, Channel Sales, Channel Sales Management, Bancassurance and Communication Skills are some of the popular skills required to work as a Agency Development Manager at HDFC Life India.

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

PNB MetLife Agency Development Manager Salary - ₹4.1 Lakhs to ₹7.8 Lakhs per year
Max Life Insurance Agency Development Manager Salary - ₹2.0 Lakhs to ₹6.7 Lakhs per year

What is the salary of a Agency Development Manager in companies similar to HDFC Life in India?

Max Financial Services Agency Development Manager Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year
Tata AIA Life Insurance Agency Development Manager Salary - ₹2.8 Lakhs to ₹6.3 Lakhs per year
Bajaj Allianz Life Insurance Agency Development Manager Salary - ₹3.1 Lakhs to ₹4.5 Lakhs per year
ICICI Lombard General Insurance Company Agency Development Manager Salary - ₹2.6 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance Agency Development Manager Salary - ₹2.0 Lakhs to ₹6.5 Lakhs per year

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

The estimated take-home salary of a Agency Development Manager at HDFC Life ranges between ₹34,115 per month to ₹35,368 per month in India. The take-home salary calculation is based on the average HDFC Life Agency Development Manager salary in India which ranges between ₹2.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 48% of the HDFC Life Agency Development Managers reported a notice period of 15 days or less, 48% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 159 responses on AmbitionBox in last 2 years.

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HDFC Life Agency Development Manager Salaries by Location

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HDFC Life Agency Development Manager Salaries

HDFC Life Agency Development Manager salary in India ranges between ₹2.5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 244 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Agency Development Manager salaries in India

Companies similar to HDFC Life for Agency Development Manager

Latest annual salaries shared by HDFC Life Agency Development Manager

Experience wise HDFC Life Agency Development Manager salaries

Similar Designation salaries in HDFC Life

Top skills at HDFC Life for Agency Development Manager

Salary related reviews for HDFC Life

Agency Development Manager in Gorakhpur

Business Development Manager in Bijnor

Business Development Manager in Vasai-Virar

Sales Manager in Mumbai

Relationship Manager in Bhubaneswar

HDFC Life Agency Development Manager Salary FAQs

Tell us how to improve this page.

HDFC Life Agency Development Manager Salaries by Location