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HDFC Life

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HDFC Life ASM salaries in India (Updated 2025)

Annual salary range
0 - 8 years exp.
₹2.7 Lakhs - ₹5 Lakhs
Salary of majority employees
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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)
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₹2.7 L/yr - ₹4.3 L/yr

BFSI, Investments & Trading
ASM Salary
2 - 7 years exp. (7 salaries)
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₹3.2 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
ASM Salary
2 - 7 years exp. (5 salaries)
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₹3.2 L/yr - ₹5 L/yr

Finance & Accounting
ASM Salary
1 - 6 years exp. (5 salaries)
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₹3.6 L/yr - ₹4 L/yr

Marketing & Communication
ASM Salary
0 - 6 years exp. (4 salaries)
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₹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
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ICICI Prudential Life Insurance ASM Salary

1 - 3 years exp. (3 salaries)

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₹4.5 L/yr - ₹4.9 L/yr

arrow icon 21% more
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Axis Max Life Insurance ASM Salary

1 - 9 years exp. (123 salaries)

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₹2.3 L/yr - ₹4.8 L/yr

arrow icon 6% less
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Tata AIA Life Insurance ASM Salary

4 - 11 years exp. (4 salaries)

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₹4 L/yr - ₹4.3 L/yr

arrow icon 3% more
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Bajaj Allianz Life Insurance ASM Salary

1 - 5 years exp. (3 salaries)

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₹1.9 L/yr - ₹2.3 L/yr

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Reliance Nippon Life Insurance ASM Salary

1 - 13 years exp. (8 salaries)

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₹2 L/yr - ₹2.8 L/yr

arrow icon 38% less
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Aviva Life Insurance India ASM Salary

0 - 10 years exp. (10 salaries)

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₹2.1 L/yr - ₹3 L/yr

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Bharti AXA Life Insurance ASM Salary

3 - 11 years exp. (5 salaries)

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₹2.6 L/yr - ₹5 L/yr

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Aditya Birla Sun Life Insurance ASM Salary

0 - 5 years exp. (10 salaries)

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₹2.3 L/yr - ₹3.5 L/yr

arrow icon 30% less
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HDFC Ergo General Insurance ASM Salary

0 - 9 years exp. (4 salaries)

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₹3.2 L/yr - ₹10.5 L/yr

arrow icon 28% more
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₹3 L/yr - ₹5 L/yr

arrow icon 9% more
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₹7.6 L/yr - ₹30 L/yr

arrow icon 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.

Latest annual salaries shared by HDFC Life ASM

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6 years exp.
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7 years exp.
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6 years exp.
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2 years exp.
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3 months exp.
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8 years exp.
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Experience wise HDFC Life ASM salaries

Last Updated: 9 Feb 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹3.2 L/yr - ₹4.5 L/yr
1 year  (4 salaries)

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₹3.2 L/yr - ₹4.5 L/yr
2 years  (8 salaries)

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₹3.2 L/yr - ₹5 L/yr
3 years  (10 salaries)

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₹2.8 L/yr - ₹4.5 L/yr
4 years  (8 salaries)

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₹3.2 L/yr - ₹4.3 L/yr
View all

Similar Designation salaries in HDFC Life

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₹2.85 L/yr - ₹6 L/yr
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₹1.5 L/yr - ₹5 L/yr
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₹1.45 L/yr - ₹4.5 L/yr
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₹4.94 L/yr - ₹12.5 L/yr
Sales Manager Salary
(709 salaries)
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₹1.55 L/yr - ₹7.5 L/yr
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₹1.7 L/yr - ₹5 L/yr
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₹2.5 L/yr - ₹6 L/yr
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₹2 L/yr - ₹5 L/yr
Cluster Manager Salary
(299 salaries)
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₹5 L/yr - ₹12.25 L/yr
Branch Manager Salary
(270 salaries)
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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

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 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...

read more
  • Job security - Poor
  • +1 more

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

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  • Promotions - Bad
  • +2 more

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 *

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  • Salary - Poor
  • +6 more

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

read more
  • Salary - Poor
  • +6 more
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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.

Tell us how to improve this page.

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