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

Interested in this particular role?

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 - ₹4.7 L/yr

Last Updated: 12 Mar 2025

Companies similar to HDFC Life for ASM

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance ASM Salary 1 - 9 years exp. (115 salaries)	₹2.5 L/yr - ₹4.8 L/yr 7% less
Reliance Nippon Life Insurance ASM Salary 1 - 13 years exp. (10 salaries)	₹2 L/yr - ₹3.6 L/yr 35% less
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Aditya Birla Sun Life Insurance ASM Salary 0 - 5 years exp. (10 salaries)	₹2.3 L/yr - ₹3.5 L/yr 30% less
Tata AIA Life Insurance ASM Salary 4 - 11 years exp. (4 salaries)	₹4 L/yr - ₹4.3 L/yr 2% more
HDFC Ergo General Insurance ASM Salary 0 - 9 years exp. (4 salaries)	₹3.2 L/yr - ₹10.5 L/yr 28% more
ICICI Prudential Life Insurance ASM Salary 1 - 4 years exp. (3 salaries)	₹4.5 L/yr - ₹4.9 L/yr 21% 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 - 10 years exp. (3 salaries)	₹7.6 L/yr - ₹30 L/yr 367% more
Bajaj Allianz Life Insurance ASM Salary 1 - 5 years exp. (3 salaries)	₹1.9 L/yr - ₹2.3 L/yr 44% less

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 62 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life ASM salaries

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	₹2.8 L/yr - ₹4.5 L/yr
1 year (4 salaries)	₹3.2 L/yr - ₹4.5 L/yr
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2 years (9 salaries)	₹3 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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Manager- Corporate Sales Salary

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Salary related reviews for HDFC Life

3.7

Rated by 15 employees for salary & benefits

Senior Corporate Agency Manager in Tirunelveli

Full Time

Sales & Business Development Department

4.0

• posted on 28 Feb 2025

3.0

for Salary and Benefits

Likes

In HDFC Life There is time to work life balance. There is no more such pressure about Targets (Depends upon L1 Manager). The brand value is easy to convert among competitors.

Job security - Excellent

+3 more

Dislikes

Salary is very low which is mentioned in payslip. Even HR also didn't know about employees salary. HR department is very week and they didn't care about employees. Very worst department in 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

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Life ASM Salary FAQs

What is the salary of ASM at HDFC Life ?

The average salary of a ASM at HDFC Life in India typically ranges from ₹2.7 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of ASM at HDFC Life earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. ASM 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 60+ HDFC Life employees in India.

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 in India typically ranges from ₹29,385 to ₹30,759 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 8 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 60+ 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 ASM in India?

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

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

Axis Max Life Insurance	₹2.5 Lakhs to ₹4.8 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.3 Lakhs to ₹3.5 Lakhs per year
Reliance Nippon Life Insurance	₹2.0 Lakhs to ₹3.6 Lakhs per year
Bajaj Allianz Life Insurance	₹1.9 Lakhs to ₹2.3 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 ASM at HDFC Life in India?

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

Experience	Average Salary Range
Fresher	₹2.8 Lakhs to ₹4.5 Lakhs per year
1 year	₹3.2 Lakhs to ₹4.5 Lakhs per year
2 years	₹3.0 Lakhs to ₹5.0 Lakhs per year
3 years	₹2.8 Lakhs to ₹4.5 Lakhs per year

and so on.

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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 62 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

Senior Corporate Agency Manager in Tirunelveli

Business Development Manager in Bijnor

Senior Corporate Agency Manager in Bareilly

Senior Corporate Agency Manager in Mumbai

Senior Corporate Agency Manager in Mumbai

HDFC Life ASM Salary FAQs

Tell us how to improve this page.

HDFC Life ASM Salaries by Location