HDFC Life ASM Salaries by 60+ Employees (Updated 2025)

0 - 8 years exp.

₹2.7 Lakhs - ₹5 Lakhs

Salary of majority employees

46% less than the average ASM Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

Sales & Business Development ASM Salary 2 - 7 years exp. (18 salaries)	₹2.7 L/yr - ₹4.3 L/yr
BFSI, Investments & Trading ASM Salary 2 - 7 years exp. (7 salaries)	₹3.2 L/yr - ₹4.5 L/yr
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Customer Success, Service & Operations ASM Salary 2 - 7 years exp. (5 salaries)	₹3.2 L/yr - ₹5 L/yr
Finance & Accounting ASM Salary 1 - 6 years exp. (5 salaries)	₹3.6 L/yr - ₹4 L/yr
Marketing & Communication ASM Salary 0 - 6 years exp. (4 salaries)	₹4 L/yr - ₹4.5 L/yr

Last Updated: 9 Feb 2025

Companies similar to HDFC Life for ASM

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance ASM Salary 1 - 3 years exp. (3 salaries)	₹4.5 L/yr - ₹4.9 L/yr 21% more
Axis Max Life Insurance ASM Salary 1 - 9 years exp. (123 salaries)	₹2.3 L/yr - ₹4.8 L/yr 6% less
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Tata AIA Life Insurance ASM Salary 4 - 11 years exp. (4 salaries)	₹4 L/yr - ₹4.3 L/yr 3% more
Bajaj Allianz Life Insurance ASM Salary 1 - 5 years exp. (3 salaries)	₹1.9 L/yr - ₹2.3 L/yr 43% less
Reliance Nippon Life Insurance ASM Salary 1 - 13 years exp. (8 salaries)	₹2 L/yr - ₹2.8 L/yr 38% less
Aviva Life Insurance India ASM Salary 0 - 10 years exp. (10 salaries)	₹2.1 L/yr - ₹3 L/yr 36% less
Bharti AXA Life Insurance ASM Salary 3 - 11 years exp. (5 salaries)	₹2.6 L/yr - ₹5 L/yr 1% less
Aditya Birla Sun Life Insurance ASM Salary 0 - 5 years exp. (10 salaries)	₹2.3 L/yr - ₹3.5 L/yr 30% less
HDFC Ergo General Insurance ASM Salary 0 - 9 years exp. (4 salaries)	₹3.2 L/yr - ₹10.5 L/yr 28% more
Life Insurance Corporation of India ASM Salary 7 - 8 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 9% more
ICICI Lombard General Insurance Company ASM Salary 5 - 9 years exp. (3 salaries)	₹7.6 L/yr - ₹30 L/yr 368% more
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ASM salary at HDFC Life ranges between ₹2.7 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 60 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life ASM salaries

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹3.2 L/yr - ₹4.5 L/yr
1 year (4 salaries)	₹3.2 L/yr - ₹4.5 L/yr
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2 years (8 salaries)	₹3.2 L/yr - ₹5 L/yr
3 years (10 salaries)	₹2.8 L/yr - ₹4.5 L/yr
4 years (8 salaries)	₹3.2 L/yr - ₹4.3 L/yr
5 years (9 salaries)	₹2.7 L/yr - ₹4.5 L/yr
6 years (9 salaries)	₹3.2 L/yr - ₹4.5 L/yr
7 years (5 salaries)	₹3.2 L/yr - ₹5 L/yr
8 years (4 salaries)	₹3.5 L/yr - ₹5 L/yr

View all

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Sales Development Manager Salary

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Manager- Corporate Sales Salary

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Sales Manager Salary

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Branch Manager Salary

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₹5.25 L/yr - ₹12.5 L/yr

Salary related reviews for HDFC Life

3.5

Rated by 14 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

Senior Corporate Agency Manager in Bareilly

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Feb 2025

4.0

for Salary and Benefits

Likes

Salary credited process is very good Working culture is Average good

Salary - Good

+1 more

Dislikes

HR is very irresponsible or no one Hr's not responding any reply by call or emails, they ignoring all employees calls, messages and emails...

Job security - Poor

+1 more

Senior Corporate Agency Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 08 Nov 2024

4.0

for Salary and Benefits

Likes

Skill development is good more knowledge we gets about product clearly

Salary - Good

+3 more

Dislikes

...nsent about the employee only they listen what our bosses say not to employees, Higher New employees giving higher designation and salary hike instade of give to our old employees

Promotions - Bad

+2 more

Senior Corporate Agency Manager in Mumbai

Full Time

Other Department

1.0

• posted on 14 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing to like, people keep on absconding, due to no work life balance, irrelevant pressure.

Dislikes

...cy, rejected leaves at last moment even after informing manager 2 months before. * No job security, Manager always ask to resign in front of everyone in team meetings * Bullying regarding salary infront of colleagues, as if paying my salary from their own pocket *

Salary - Poor

+6 more

Manager- Corporate Sales in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Oct 2024

2.0

for Salary and Benefits

Dislikes

All Saturday are working so no work life balance. Saturday Sunday meetings held my management Not easily give leave Sometime if manager is not agree than emp have to mark loss of pay but they not approve leave Zero work life balance

Salary - Poor

+6 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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HDFC Life ASM Salary FAQs

What is the salary of ASM at HDFC Life?

ASM salary at HDFC Life in India ranges between ₹2.7 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 46% less than the average ASM Salary in India. Salary estimates are based on 60 latest salaries received from various employees of HDFC Life India.

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

The average salary of a ASM at HDFC Life is 46% less than the average salary of a ASM in India. To know exact salary insights, login to view.

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

ICICI Lombard General Insurance Company ASM Salary - ₹7.6 Lakhs to ₹30.0 Lakhs per year
HDFC Ergo General Insurance ASM Salary - ₹3.2 Lakhs to ₹10.5 Lakhs per year
ICICI Prudential Life Insurance ASM Salary - ₹4.5 Lakhs to ₹4.9 Lakhs per year
Life Insurance Corporation of India ASM Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
Tata AIA Life Insurance ASM Salary - ₹4.0 Lakhs to ₹4.3 Lakhs per year

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

Bharti AXA Life Insurance ASM Salary - ₹2.6 Lakhs to ₹5.0 Lakhs per year
Axis Max Life Insurance ASM Salary - ₹2.3 Lakhs to ₹4.8 Lakhs per year
Aditya Birla Sun Life Insurance ASM Salary - ₹2.3 Lakhs to ₹3.5 Lakhs per year
Aviva Life Insurance India ASM Salary - ₹2.1 Lakhs to ₹3.0 Lakhs per year
Reliance Nippon Life Insurance ASM Salary - ₹2.0 Lakhs to ₹2.8 Lakhs per year

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

The estimated take-home salary of a ASM at HDFC Life ranges between ₹29,296 per month to ₹30,671 per month in India. The take-home salary calculation is based on the average HDFC Life ASM salary in India which ranges between ₹2.7 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for ASM at HDFC Life?

According to AmbitionBox, 62% of the HDFC Life ASMs reported a notice period of 1 Month, 31% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 58 responses on AmbitionBox in last 2 years.

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HDFC Life ASM Salaries by Location

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HDFC Life ASM Salaries

HDFC Life ASM salary in India ranges between ₹2.7 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 60 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life ASM salaries in India (Updated 2025)

Companies similar to HDFC Life for ASM

Latest annual salaries shared by HDFC Life ASM

Experience wise HDFC Life ASM salaries

Similar Designation salaries in HDFC Life

Salary related reviews for HDFC Life

Business Development Manager in Bijnor

Senior Corporate Agency Manager in Bareilly

Senior Corporate Agency Manager in Mumbai

Senior Corporate Agency Manager in Mumbai

Manager- Corporate Sales in Ahmedabad

HDFC Life ASM Salary FAQs

Tell us how to improve this page.

HDFC Life ASM Salaries by Location