HDFC Life Area Manager Salaries by 30+ Employees (Updated 2025)

10 - 11 years exp.

₹7.7 Lakhs - ₹19 Lakhs

Salary of majority employees

16% more than the average Area Manager Salary in Insurance Companies for 10 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 10 - 11 years exp. (4 salaries)	₹7.7 L/yr - ₹12 L/yr
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Sales & Business Development Area Manager Salary 11 years exp. (AmbitionBox Estimate)	₹10.9 L/yr - ₹12 L/yr

Last Updated: 11 Mar 2025

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. (370 salaries)	₹5.8 L/yr - ₹13.1 L/yr 14% less	25 job openings
SBI Life Insurance Company Area Manager Salary 6 - 18 years exp. (221 salaries)	₹4.6 L/yr - ₹14.3 L/yr 19% less
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Axis Max Life Insurance Area Manager Salary 6 - 18 years exp. (287 salaries)	₹4.2 L/yr - ₹13.4 L/yr 28% less
Bajaj Allianz Life Insurance Area Manager Salary 6 - 17 years exp. (212 salaries)	₹5 L/yr - ₹16.5 L/yr 12% less
Kotak Mahindara Life Insurance Area Manager Salary 5 - 24 years exp. (30 salaries)	₹4.7 L/yr - ₹17.5 L/yr At par
Tata AIA Life Insurance Area Manager Salary 6 - 17 years exp. (179 salaries)	₹6 L/yr - ₹17.7 L/yr 3% more	7 job openings
Aditya Birla Sun Life Insurance Area Manager Salary 3 - 10 years exp. (125 salaries)	₹4.5 L/yr - ₹10 L/yr 39% less
ICICI Lombard General Insurance Company Area Manager Salary 3 - 17 years exp. (74 salaries)	₹6.8 L/yr - ₹18.5 L/yr 12% more
Reliance Nippon Life Insurance Area Manager Salary 10 - 19 years exp. (82 salaries)	₹9 L/yr - ₹21.4 L/yr 29% more
Star Health & Allied Insurance Area Manager Salary 8 - 19 years exp. (43 salaries)	₹6.7 L/yr - ₹22 L/yr 16% more	1 job opening
HDFC Ergo General Insurance Area Manager Salary 5 - 20 years exp. (40 salaries)	₹6 L/yr - ₹12.5 L/yr 21% less
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Shriram Life Insurance Area Manager Salary 6 - 17 years exp. (44 salaries)	₹3.7 L/yr - ₹11 L/yr 43% less
PNB MetLife Area Manager Salary 6 - 15 years exp. (20 salaries)	₹5.9 L/yr - ₹11.1 L/yr 18% less
Aditya Birla Insurance Brokers Area Manager Salary 2 - 9 years exp. (11 salaries)	₹4.5 L/yr - ₹6.3 L/yr 52% less
SBI General Insurance Area Manager Salary 3 - 21 years exp. (6 salaries)	₹9 L/yr - ₹15.2 L/yr 3% more
Kotak Mahindra General Insurance Area Manager Salary 11 - 13 years exp. (5 salaries)	₹10.3 L/yr - ₹17 L/yr 10% more
Life Insurance Corporation of India Area Manager Salary 10 - 15 years exp. (4 salaries)	₹7.5 L/yr - ₹10 L/yr 23% less

Area Manager salary at HDFC Life ranges between ₹7.7 Lakhs to ₹19 Lakhs per year for employees with experience between 10 years to 11 years. Salary estimates are based on 31 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Area Manager salaries

Last Updated: 11 Mar 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹12 L/yr
Login to view exact salary
11 years (29 salaries)	₹7.7 L/yr - ₹19 L/yr

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Salary related reviews for HDFC Life

3.7

Rated by 13 employees for salary & benefits

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

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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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 ₹7.7 Lakhs to ₹19.0 Lakhs for experience between 10 years to 11 years. According to our estimates it is 16% more than the average Area Manager Salary in India. Salary estimates are based on 31 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 16% more 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?

Reliance Nippon Life Insurance Area Manager Salary - ₹9.0 Lakhs to ₹21.4 Lakhs per year
Star Health & Allied Insurance Area Manager Salary - ₹6.7 Lakhs to ₹22.0 Lakhs per year
ICICI Lombard General Insurance Company Area Manager Salary - ₹6.8 Lakhs to ₹18.5 Lakhs per year
Kotak Mahindra General Insurance Area Manager Salary - ₹10.3 Lakhs to ₹17.0 Lakhs per year
SBI General Insurance Area Manager Salary - ₹9.0 Lakhs to ₹15.2 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 - ₹6.0 Lakhs to ₹17.7 Lakhs per year
Kotak Mahindara Life Insurance Area Manager Salary - ₹4.7 Lakhs to ₹17.5 Lakhs per year
Bajaj Allianz Life Insurance Area Manager Salary - ₹5.0 Lakhs to ₹16.5 Lakhs per year
ICICI Prudential Life Insurance Area Manager Salary - ₹5.8 Lakhs to ₹13.1 Lakhs per year
PNB MetLife Area Manager Salary - ₹5.9 Lakhs to ₹11.1 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 ₹80,120 per month to ₹82,206 per month in India. The take-home salary calculation is based on the average HDFC Life Area Manager salary in India which ranges between ₹7.7 Lakhs to ₹19.0 Lakhs per year for employees with experience between 10 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 40% of the HDFC Life Area Managers reported a notice period of 1 Month, 32% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 25 responses on AmbitionBox in last 2 years.

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HDFC Life Area Manager Salaries

HDFC Life Area Manager salary in India ranges between ₹7.7 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 31 HDFC Life latest salaries received from various employees of HDFC Life.