HDFC Life Kolkata Agency Development Manager Salaries by 30+ Employees

1 - 15 years exp.

₹3.5 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% more than the average Agency Development Manager Salary in Insurance Companies for 1 - 15 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Agency Development Manager Salary 1 - 15 years exp. (12 salaries)	₹3.8 L/yr - ₹5.2 L/yr
BFSI, Investments & Trading Agency Development Manager Salary 7 - 15 years exp. (7 salaries)	₹3.5 L/yr - ₹6 L/yr
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Finance & Accounting Agency Development Manager Salary 4 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹6 L/yr
Marketing & Communication Agency Development Manager Salary 8 - 15 years exp. (3 salaries)	₹3.5 L/yr - ₹6 L/yr
Customer Success, Service & Operations Agency Development Manager Salary 6 - 15 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.8 L/yr

View all

Last Updated: 15 Mar 2024

Companies similar to HDFC Life for Agency Development Manager in Kolkata

HDFC Life Agency Development Manager Salary

1 - 15 years exp. (33 salaries)

₹3.5 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Nippon Life Insurance Agency Development Manager Salary 0 - 8 years exp. (53 salaries)	₹1 L/yr - ₹5 L/yr 41% less
Axis Max Life Insurance Agency Development Manager Salary 0 - 12 years exp. (52 salaries)	₹2.6 L/yr - ₹5.5 L/yr At par	18 job openings
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Max Financial Services Agency Development Manager Salary 7 - 9 years exp. (3 salaries)	₹3 L/yr - ₹4.6 L/yr 21% less
Kotak Mahindara Life Insurance Agency Development Manager Salary 2 - 6 years exp. (3 salaries)	₹1 L/yr - ₹3.7 L/yr 28% less
Star Health & Allied Insurance Agency Development Manager Salary 4 - 9 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 25% less

Agency Development Manager salary at HDFC Life ranges between ₹3.5 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 33 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Agency Development Manager in Kolkata

1y ago

₹5 Lakhs

7 years exp.

1y ago

₹5 Lakhs

11 years exp.

1y ago

₹5.5 Lakhs

7 years exp.

1y ago

₹4.8 Lakhs

15 years exp.

1y ago

₹4.8 Lakhs

15 years exp.

1y ago

15 years exp.

1y ago

15 years exp.

1y ago

7 years exp.

1y ago

6 years exp.

1y ago

4 years exp.

Experience wise HDFC Life Agency Development Manager salaries in Kolkata

Last Updated: 15 Mar 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
6 years (4 salaries)	₹3.8 L/yr - ₹5.2 L/yr
7 years (4 salaries)	₹3.5 L/yr - ₹5.5 L/yr
8 years (4 salaries)	₹3.5 L/yr - ₹5.3 L/yr
9 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
10 years (3 salaries)	₹3.5 L/yr - ₹6 L/yr
11 years (3 salaries)	₹4 L/yr - ₹5 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
13 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
14 years (3 salaries)	₹4 L/yr - ₹9.4 L/yr
15+ years (6 salaries)	₹4 L/yr - ₹6 L/yr

View all

Similar Designation salaries in HDFC Life

Business Development Manager Salary

(151 salaries)

₹2 L/yr - ₹4.8 L/yr

Deputy Manager Salary

(27 salaries)

₹5.12 L/yr - ₹12 L/yr

Area Business Manager Salary

(22 salaries)

₹4.36 L/yr - ₹6.4 L/yr

Senior Sales Manager Salary

(10 salaries)

₹3.15 L/yr - ₹7 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 1 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

Sales Manager in Cuttack

Full Time

CSR & Social Service Department

4.0

• posted on 23 Mar 2025

2.0

for Salary and Benefits

Likes

The company has lots of data, They r learning you in first stage and after that they r find a way to indicate you wrongly.

Job security - Good

Dislikes

Less salary, no support from trainer, biggest layers, no leaves, no support from L1 and above, no motivation only needed business, so if u r afresher think twice before joining.

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Life Agency Development Manager Salary FAQs

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

The average salary of a Agency Development Manager at HDFC Life in Kolkata typically ranges from ₹3.5 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 15 years).

The top 10% of Agency Development Manager in Kolkata at HDFC Life earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Agency Development Manager 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 30+ HDFC Life employees in India.

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

The estimated take-home salary of a Agency Development Manager at HDFC Life in Kolkata typically ranges from ₹34,883 to ₹36,125 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year to 15 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 30+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Agency Development Manager at HDFC Life in Kolkata?

To be a Agency Development Manager at HDFC Life in Kolkata, the key skills required include:

- Life Insurance
- Channel Sales
- Channel Sales Management
- Bancassurance
- Communication Skills

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Life for Agency Development Manager in India?

Axis Max Life Insurance

₹2.6 Lakhs to ₹5.5 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 Agency Development Manager in companies similar to HDFC Life in Kolkata?

The salary of a Agency Development Manager at companies similar to HDFC Life in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Max Financial Services	₹3.0 Lakhs to ₹4.6 Lakhs per year
Star Health & Allied Insurance	₹3.0 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindara Life Insurance	₹1.0 Lakhs to ₹3.7 Lakhs per year
Reliance Nippon Life Insurance	₹1.0 Lakhs to ₹5.0 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 Agency Development Manager at HDFC Life in Kolkata?

The salary growth for a Agency Development Manager at HDFC Life in Kolkata depends on factors such as experience, performance, and promotions. On average, a Agency Development Manager in Kolkata can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
1 year	₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
3 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
4 years	₹3.9 Lakhs to ₹4.9 Lakhs per year

and so on.

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HDFC Life Agency Development Manager Salaries in Kolkata

HDFC Life Agency Development Manager salary in Kolkata ranges between ₹3.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 33 HDFC Life latest salaries received from various employees of HDFC Life.