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HDFC Life Area Business Manager salaries in India (Updated 2025)

Annual salary range
0 - 15 years exp.
₹2.4 Lakhs - ₹8.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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42% less than the average Area Business Manager Salary in Insurance Companies for 0 - 15 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Sales & Business Development
Area Business Manager Salary
0 - 15 years exp. (51 salaries)
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₹3.3 L/yr - ₹8.5 L/yr

BFSI, Investments & Trading
Area Business Manager Salary
1 - 15 years exp. (41 salaries)
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₹2.4 L/yr - ₹7.3 L/yr

Customer Success, Service & Operations
Area Business Manager Salary
0 - 9 years exp. (9 salaries)
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₹4 L/yr - ₹6.4 L/yr

Finance & Accounting
Area Business Manager Salary
3 - 8 years exp. (8 salaries)
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₹4 L/yr - ₹6 L/yr

Marketing & Communication
Area Business Manager Salary
0 - 8 years exp. (7 salaries)
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₹4 L/yr - ₹6 L/yr

Last Updated: 30 Mar 2025

Companies similar to HDFC Life for Area Business Manager

Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹7.3 L/yr

arrow icon 11% less
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₹2.1 L/yr - ₹12.7 L/yr

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₹2.4 L/yr - ₹6 L/yr

arrow icon 24% less
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₹4 L/yr - ₹6 L/yr

arrow icon 2% less
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₹5.4 L/yr - ₹7.3 L/yr

arrow icon 14% more
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₹8.3 L/yr - ₹15 L/yr

arrow icon 94% more
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₹5.1 L/yr - ₹10 L/yr

arrow icon 47% more
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₹3.2 L/yr - ₹10 L/yr

arrow icon 38% more
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₹4 L/yr - ₹9 L/yr

arrow icon 36% more
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PNB MetLife Area Business Manager Salary

4 - 15 years exp. (3 salaries)

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₹5.1 L/yr - ₹11 L/yr

arrow icon 53% more
Area Business Manager salary at HDFC Life ranges between ₹2.4 Lakhs to ₹8.5 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 144 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Area Business Manager

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Experience wise HDFC Life Area Business Manager salaries

Last Updated: 30 Mar 2025

Experience Avg Annual Salary
Fresher  (12 salaries)

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₹4 L/yr - ₹5.8 L/yr
1 year  (7 salaries)

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₹2.4 L/yr - ₹6.3 L/yr
2 years  (10 salaries)

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₹4 L/yr - ₹5.5 L/yr
3 years  (10 salaries)

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₹4 L/yr - ₹6.2 L/yr
4 years  (13 salaries)

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₹4 L/yr - ₹6.5 L/yr
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Similar Designation salaries in HDFC Life

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₹2.35 L/yr - ₹8.1 L/yr
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₹2 L/yr - ₹8 L/yr
Area Manager Salary
(36 salaries)
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₹7.71 L/yr - ₹19 L/yr
Branch Manager Salary
(259 salaries)
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₹5.25 L/yr - ₹12.5 L/yr
Cluster Manager Salary
(304 salaries)
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₹5.25 L/yr - ₹12.65 L/yr
Sales Manager Salary
(697 salaries)
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₹1.1 L/yr - ₹7.5 L/yr
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₹11.5 L/yr - ₹35.2 L/yr
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₹2.3 L/yr - ₹8 L/yr
Deputy Manager Salary
(698 salaries)
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₹3.5 L/yr - ₹12.15 L/yr
Territory Manager Salary
(150 salaries)
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₹11.32 L/yr - ₹21 L/yr

Top skills at HDFC Life for Area Business Manager

Sales Team Handling Agency Sales agency development Life Insurance Life Insurance Communication Skills Agency Channel Salesforce Travel Agency Recruitment Communication Skills Leadership Skills agency Insurance

Salary related reviews for HDFC Life

4.1

Rated by 88 employees for salary & benefits

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.

read more
  • 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.

read more
  • Salary - Poor

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.

read more
  • 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.

read more
  • Salary - Bad
  • +4 more

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.

read more
  • Work satisfaction - Bad
  • +2 more

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

read more
  • Skill development - Poor
  • +5 more

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.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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HDFC Life Area Business Manager Salary FAQs

What is the salary of Area Business Manager at HDFC Life ?
The average salary of a Area Business Manager at HDFC Life in India typically ranges from ₹2.4 Lakhs to ₹8.5 Lakhs per year, depending on experience (from Fresher to 15 years).

The top 10% of Area Business Manager at HDFC Life earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Area Business 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 100+ HDFC Life employees in India.
What is the estimated take home salary of a Area Business Manager at HDFC Life in India?
The estimated take-home salary of a Area Business Manager at HDFC Life in India typically ranges from ₹40,603 to ₹41,759 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from Fresher 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 100+ 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 Area Business Manager at HDFC Life ?
To be a Area Business Manager at HDFC Life in india, the key skills required include:

  • - Sales
  • - Team Handling
  • - Agency Sales
  • - agency development
  • - Life Insurance

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 Area Business Manager in India?
SBI General Insurance ₹8.3 Lakhs to ₹15.0 Lakhs per year
PNB MetLife ₹5.1 Lakhs to ₹11.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹5.1 Lakhs to ₹10.0 Lakhs per year
Bajaj Allianz Life Insurance ₹3.2 Lakhs to ₹10.0 Lakhs per year
HDFC Ergo General Insurance ₹4.0 Lakhs to ₹9.0 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 Area Business Manager in companies similar to HDFC Life in India?
The salary of a Area Business Manager at companies similar to HDFC Life in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company ₹2.1 Lakhs to ₹12.7 Lakhs per year
Kotak Mahindara Life Insurance ₹5.4 Lakhs to ₹7.3 Lakhs per year
Tata AIA Life Insurance ₹4.0 Lakhs to ₹6.0 Lakhs per year
Shriram Life Insurance ₹2.4 Lakhs to ₹7.3 Lakhs per year
Reliance Nippon Life Insurance ₹2.4 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 Area Business Manager at HDFC Life in India?
The salary growth for a Area Business Manager at HDFC Life depends on factors such as experience, performance, and promotions. On average, a Area Business Manager can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
Fresher ₹4.0 Lakhs to ₹5.8 Lakhs per year
1 year ₹2.4 Lakhs to ₹6.3 Lakhs per year
2 years ₹4.0 Lakhs to ₹5.5 Lakhs per year
3 years ₹4.0 Lakhs to ₹6.2 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Life Area Business Manager salary in India ranges between ₹2.4 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 144 HDFC Life latest salaries received from various employees of HDFC Life.