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HDFC Life Area Business Manager salaries in Mumbai

Annual salary range
2 - 6 years exp.
₹3.3 Lakhs - ₹6.4 Lakhs
Salary of majority employees
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45% less than the average Area Business Manager Salary in Insurance Companies for 2 - 6 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

BFSI, Investments & Trading
Area Business Manager Salary
2 - 6 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹6.4 L/yr

Finance & Accounting
Area Business Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹5.6 L/yr

Marketing & Communication
Area Business Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹5.7 L/yr

Last Updated: 14 Feb 2025

Companies similar to HDFC Life for Area Business Manager in Mumbai

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HDFC Life Area Business Manager Salary

2 - 6 years exp. (6 salaries)

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₹3.3 L/yr - ₹6.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Cipla Area Business Manager Salary

6 - 17 years exp. (98 salaries)

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₹4.5 L/yr - ₹11.2 L/yr

arrow icon 67% more
2 job openings
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Alkem Laboratories Area Business Manager Salary

4 - 15 years exp. (66 salaries)

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₹4.2 L/yr - ₹8.9 L/yr

arrow icon 27% more
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Abbott Area Business Manager Salary

10 - 19 years exp. (36 salaries)

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₹6.3 L/yr - ₹15 L/yr

arrow icon 142% more
13 job openings
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Samsung Area Business Manager Salary

6 - 14 years exp. (33 salaries)

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₹10 L/yr - ₹34.3 L/yr

arrow icon 288% more
1 job opening
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Zydus Lifesciences Area Business Manager Salary

6 - 15 years exp. (30 salaries)

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₹4.8 L/yr - ₹11.9 L/yr

arrow icon 56% more
Area Business Manager salary at HDFC Life ranges between ₹3.3 Lakhs to ₹6.4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Area Business Manager in Mumbai

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6 years exp.
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5 years exp.
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Experience wise HDFC Life Area Business Manager salaries in Mumbai

Last Updated: 14 Feb 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹6.4 L/yr
3 years (AmbitionBox Estimate)

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₹4 L/yr - ₹9 L/yr
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.9 L/yr
5 years (AmbitionBox Estimate)

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₹5 L/yr - ₹9.2 L/yr
6 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹9.3 L/yr

Similar Designation salaries in HDFC Life

Deputy Manager Salary
(473 salaries)
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₹3.5 L/yr - ₹14.4 L/yr
Sales Manager Salary
(90 salaries)
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₹2.2 L/yr - ₹7.5 L/yr
Branch Manager Salary
(30 salaries)
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₹5.5 L/yr - ₹12.5 L/yr
Cluster Manager Salary
(26 salaries)
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₹6 L/yr - ₹11.46 L/yr
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₹5.2 L/yr - ₹17.2 L/yr
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₹4.7 L/yr - ₹7.5 L/yr

Top skills at HDFC Life for Area Business Manager

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

Salary related reviews for HDFC Life

5.0

Rated by 2 employees for salary & benefits

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.

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  • Salary - Poor
  • +4 more

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.

  • Job security - Good

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

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  • Salary - Bad
  • +5 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 Mumbai?
Area Business Manager salary at HDFC Life in Mumbai ranges between ₹3.3 Lakhs to ₹6.4 Lakhs for experience between 2 years to 6 years. According to our estimates it is 45% less than the average Area Business Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life Mumbai.
How does the salary of a Area Business Manager at HDFC Life Mumbai compare with the average salary range for this job?
The average salary of a Area Business Manager at HDFC Life is 45% less than the average salary of a Area Business Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Area Business Manager at HDFC Life?
Sales, Agency Sales, agency development, Team Handling and Life Insurance are some of the popular skills required to work as a Area Business Manager at HDFC Life Mumbai.
Which similar companies are paying more than HDFC Life to a Area Business Manager in Mumbai?
  • Samsung Area Business Manager Salary - ₹10.0 Lakhs to ₹34.3 Lakhs per year
  • Abbott Area Business Manager Salary - ₹6.3 Lakhs to ₹15.0 Lakhs per year
  • Cipla Area Business Manager Salary - ₹4.5 Lakhs to ₹11.2 Lakhs per year
  • Zydus Lifesciences Area Business Manager Salary - ₹4.8 Lakhs to ₹11.9 Lakhs per year
  • Alkem Laboratories Area Business Manager Salary - ₹4.2 Lakhs to ₹8.9 Lakhs per year
What is the estimated take home salary of a Area Business Manager at HDFC Life in Mumbai?
The estimated take-home salary of a Area Business Manager at HDFC Life ranges between ₹39,702 per month to ₹40,872 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Area Business Manager salary in India which ranges between ₹3.3 Lakhs to ₹6.4 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Area Business Manager at HDFC Life in Mumbai?
According to AmbitionBox, 75% of the HDFC Life Area Business Manager s in Mumbai reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 8 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Area Business Manager salary in Mumbai ranges between ₹3.3 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 HDFC Life latest salaries received from various employees of HDFC Life.