HDFC Life Chennai Area Head Salaries by 5 Employees

11 - 20 years exp.

₹11.7 Lakhs - ₹18 Lakhs

Salary of majority employees

46% more than the average Area Head Salary in Insurance Companies for 11 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Head Salary 16 - 20 years exp. (3 salaries)	₹14.9 L/yr - ₹18 L/yr
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Sales & Business Development Area Head Salary 11 - 15 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹18 L/yr

Last Updated: 9 Oct 2024

Companies similar to HDFC Life for Area Head in Chennai

HDFC Life Area Head Salary

11 - 20 years exp. (5 salaries)

₹11.7 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Area Head Salary 7 - 17 years exp. (7 salaries)	₹7 L/yr - ₹11.5 L/yr 33% less	1 job opening
HDFC Bank Area Head Salary 7 - 17 years exp. (14 salaries)	₹6 L/yr - ₹17 L/yr 25% less
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RBL Bank Area Head Salary 11 - 20 years exp. (10 salaries)	₹12.3 L/yr - ₹20.8 L/yr 11% more
Cholamandalam MS General Insurance Area Head Salary 8 - 18 years exp. (10 salaries)	₹4.7 L/yr - ₹12.3 L/yr 40% less
Dr. Reddy's Foundation Area Head Salary 3 - 12 years exp. (9 salaries)	₹3.8 L/yr - ₹6 L/yr 67% less

Area Head salary at HDFC Life ranges between ₹11.7 Lakhs to ₹18 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Area Head salaries in Chennai

Last Updated: 9 Oct 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹27.1 L/yr
12 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
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13 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.7 L/yr
14 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.8 L/yr
15+ years (4 salaries)	₹14.9 L/yr - ₹18 L/yr

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Sales Executive Salary

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Cluster Manager Salary

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Salary related reviews for HDFC Life

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

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.

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

Salary - Bad

+5 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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HDFC Life Area Head Salary FAQs

What is the salary of Area Head at HDFC Life in Chennai?

The average salary of a Area Head at HDFC Life in Chennai typically ranges from ₹11.7 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 11 years to 20 years).

The top 10% of Area Head in Chennai at HDFC Life earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Area Head 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 5 HDFC Life employees in India.

What is the estimated take home salary of a Area Head at HDFC Life in Chennai?

The estimated take-home salary of a Area Head at HDFC Life in Chennai typically ranges from ₹1,08,262 to ₹1,11,250 per month. This is based on the average salary range of ₹11.7 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 11 years to 20 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 5 salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Life for Area Head in India?

RBL Bank

₹12.3 Lakhs to ₹20.8 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 Head in companies similar to HDFC Life in Chennai?

The salary of a Area Head at companies similar to HDFC Life in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹6.0 Lakhs to ₹17.0 Lakhs per year
Axis Max Life Insurance	₹7.0 Lakhs to ₹11.5 Lakhs per year
Cholamandalam MS General Insurance	₹4.7 Lakhs to ₹12.3 Lakhs per year
Dr. Reddy's Foundation	₹3.8 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 Head at HDFC Life in Chennai?

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

Experience	Average Salary Range
11 years	₹11.7 Lakhs to ₹27.1 Lakhs per year
12 years	₹13.7 Lakhs to ₹17.5 Lakhs per year
13 years	₹13.8 Lakhs to ₹17.7 Lakhs per year
14 years	₹14.0 Lakhs to ₹17.8 Lakhs per year

and so on.

Tell us how to improve this page.

HDFC Life Area Head salary in Chennai ranges between ₹11.7 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Life latest salaries received from various employees of HDFC Life.