HDFC Life Area Manager Salaries by 30+ Employees (Updated 2024)

5 - 18 years exp.

₹5.4 Lakhs - ₹16 Lakhs

Salary of majority employees

At par with the average Area Manager Salary in Insurance Companies for 5 - 18 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 7 - 18 years exp. (14 salaries)	₹7.7 L/yr - ₹14.5 L/yr
Sales & Business Development Area Manager Salary 5 - 18 years exp. (12 salaries)	₹5.4 L/yr - ₹16 L/yr
Login to view exact salary
Marketing & Communication Area Manager Salary 13 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹15 L/yr

Last Updated: 5 Dec 2024

Companies similar to HDFC Life for Area Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (368 salaries)	₹5.8 L/yr - ₹13.1 L/yr 4% more
SBI Life Insurance Company Area Manager Salary 6 - 18 years exp. (260 salaries)	₹5 L/yr - ₹13.5 L/yr 5% less
Login to view exact salary
Max Life Insurance Area Manager Salary 5 - 17 years exp. (292 salaries)	₹4.2 L/yr - ₹14.1 L/yr 12% less	13 job openings
Bajaj Allianz Life Insurance Area Manager Salary 5 - 16 years exp. (200 salaries)	₹5 L/yr - ₹14 L/yr At par
Kotak Mahindara Life Insurance Area Manager Salary 7 - 18 years exp. (22 salaries)	₹5.2 L/yr - ₹19.2 L/yr 17% more
Tata AIA Life Insurance Area Manager Salary 6 - 20 years exp. (183 salaries)	₹5.5 L/yr - ₹17.5 L/yr 30% more	3 job openings
Aditya Birla Sun Life Insurance Area Manager Salary 4 - 11 years exp. (118 salaries)	₹4.5 L/yr - ₹10 L/yr 27% less
Reliance Nippon Life Insurance Area Manager Salary 12 - 20 years exp. (85 salaries)	₹9 L/yr - ₹21.4 L/yr 50% more
ICICI Lombard General Insurance Company Area Manager Salary 5 - 17 years exp. (67 salaries)	₹6.8 L/yr - ₹18.8 L/yr 33% more
Shriram Life Insurance Area Manager Salary 6 - 17 years exp. (43 salaries)	₹3.7 L/yr - ₹11 L/yr 30% less
HDFC Ergo General Insurance Area Manager Salary 7 - 20 years exp. (41 salaries)	₹6.6 L/yr - ₹12.5 L/yr At par
Login to view exact salary
Care Health Insurance Area Manager Salary 6 - 16 years exp. (33 salaries)	₹3.3 L/yr - ₹9.1 L/yr 39% less
Star Health & Allied Insurance Area Manager Salary 8 - 22 years exp. (36 salaries)	₹6.7 L/yr - ₹22 L/yr 63% more	1 job opening
PNB MetLife Area Manager Salary 6 - 15 years exp. (22 salaries)	₹5.9 L/yr - ₹11.1 L/yr 6% less
Aditya Birla Insurance Brokers Area Manager Salary 2 - 9 years exp. (11 salaries)	₹4.5 L/yr - ₹6.3 L/yr 45% less
Kotak Mahindra General Insurance Area Manager Salary 11 - 13 years exp. (5 salaries)	₹10.3 L/yr - ₹17 L/yr 32% more
Spectrum Insurance Distribution Area Manager Salary 4 - 17 years exp. (5 salaries)	₹3.7 L/yr - ₹11 L/yr 17% less
Aegon Religare Life Insurance Area Manager Salary 16 - 20 years exp. (3 salaries)	₹10 L/yr - ₹20 L/yr 43% more

Area Manager salary at HDFC Life ranges between ₹5.4 Lakhs to ₹16 Lakhs per year for employees with experience between 5 years to 18 years. Salary estimates are based on 33 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Area Manager salaries

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.6 L/yr
6 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
Login to view exact salary
7 years (4 salaries)	₹7.8 L/yr - ₹11 L/yr
8 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹11 L/yr
9 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
10 years (3 salaries)	₹3.6 L/yr - ₹12 L/yr
11 years (4 salaries)	₹7.7 L/yr - ₹12 L/yr
12 years (4 salaries)	₹8 L/yr - ₹15.8 L/yr
13 years (5 salaries)	₹5.4 L/yr - ₹15 L/yr
14 years (AmbitionBox Estimate)	₹6 L/yr - ₹10 L/yr
15+ years (7 salaries)	₹10.5 L/yr - ₹16 L/yr

View all

Similar Designation salaries in HDFC Life

Sales Manager Salary

(705 salaries)

₹1.55 L/yr - ₹7.5 L/yr

Branch Manager Salary

(247 salaries)

₹5.5 L/yr - ₹12.5 L/yr

Area Sales Manager Salary

(41 salaries)

₹2 L/yr - ₹7.5 L/yr

Cluster Manager Salary

(292 salaries)

₹5.65 L/yr - ₹12 L/yr

Deputy Manager Salary

(718 salaries)

₹3.5 L/yr - ₹12.1 L/yr

Regional Manager Salary

(15 salaries)

₹11.5 L/yr - ₹27.5 L/yr

Marketing Manager Salary

(35 salaries)

₹3.6 L/yr - ₹8.29 L/yr

Business Manager Salary

(10 salaries)

₹2.35 L/yr - ₹10 L/yr

Territory Manager Salary

(253 salaries)

₹10.2 L/yr - ₹21 L/yr

Team Lead Salary

(42 salaries)

₹1.8 L/yr - ₹8.5 L/yr

Salary related reviews for HDFC Life

3.3

Rated by 12 employees for salary & benefits

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.

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

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.

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.

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

Deputy Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Aug 2023

2.0

for Salary and Benefits

Dislikes

... Saturday and Sunday off as they have mentioned holiday at the time of joining. Also I feel there is discrimination in salary increament policy and working time among employees.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about HDFC Life?

Ask anonymously on communities.

HDFC Life Area Manager Salary FAQs

What is the salary of Area Manager at HDFC Life?

Area Manager salary at HDFC Life in India ranges between ₹5.4 Lakhs to ₹16.0 Lakhs for experience between 5 years to 18 years. According to our estimates it is 3% less than the average Area Manager Salary in India. Salary estimates are based on 33 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Area Manager at HDFC Life is 3% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.

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

Star Health & Allied Insurance Area Manager Salary - ₹6.7 Lakhs to ₹22.0 Lakhs per year
Reliance Nippon Life Insurance Area Manager Salary - ₹9.0 Lakhs to ₹21.4 Lakhs per year
Aegon Religare Life Insurance Area Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
ICICI Lombard General Insurance Company Area Manager Salary - ₹6.8 Lakhs to ₹18.8 Lakhs per year
Kotak Mahindra General Insurance Area Manager Salary - ₹10.3 Lakhs to ₹17.0 Lakhs per year

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

Tata AIA Life Insurance Area Manager Salary - ₹5.5 Lakhs to ₹17.5 Lakhs per year
Kotak Mahindara Life Insurance Area Manager Salary - ₹5.2 Lakhs to ₹19.2 Lakhs per year
ICICI Prudential Life Insurance Area Manager Salary - ₹5.8 Lakhs to ₹13.1 Lakhs per year
Bajaj Allianz Life Insurance Area Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
HDFC Ergo General Insurance Area Manager Salary - ₹6.6 Lakhs to ₹12.5 Lakhs per year

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

The estimated take-home salary of a Area Manager at HDFC Life ranges between ₹67,537 per month to ₹69,267 per month in India. The take-home salary calculation is based on the average HDFC Life Area Manager salary in India which ranges between ₹5.4 Lakhs to ₹16.0 Lakhs per year for employees with experience between 5 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at HDFC Life?

According to AmbitionBox, 35% of the HDFC Life Area Managers reported a notice period of 1 Month, 30% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Area Manager Salaries by Location

Home >
Salaries >
HDFC Life Salaries >
HDFC Life Area Manager Salaries

HDFC Life Area Manager salary in India ranges between ₹5.4 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 33 HDFC Life latest salaries received from various employees of HDFC Life.