HDFC Life Assistant Branch Manager Salaries by 20+ Employees (Updated 2025)

3 - 12 years exp.

₹3.8 Lakhs - ₹7.5 Lakhs

Salary of majority employees

12% more than the average Assistant Branch Manager Salary in Insurance Companies for 3 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Branch Manager Salary 4 - 12 years exp. (14 salaries)	₹4 L/yr - ₹7 L/yr
Sales & Business Development Assistant Branch Manager Salary 6 - 12 years exp. (5 salaries)	₹4 L/yr - ₹7 L/yr
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Marketing & Communication Assistant Branch Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹5.7 L/yr

Last Updated: 14 Jan 2025

Companies similar to HDFC Life for Assistant Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Assistant Branch Manager Salary 1 - 11 years exp. (7 salaries)	₹2.6 L/yr - ₹5 L/yr 36% less
SBI Life Insurance Company Assistant Branch Manager Salary 2 - 9 years exp. (9 salaries)	₹2.4 L/yr - ₹12 L/yr 24% more
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Max Life Insurance Assistant Branch Manager Salary 2 - 15 years exp. (12 salaries)	₹5 L/yr - ₹8 L/yr 19% more
Kotak Mahindara Life Insurance Assistant Branch Manager Salary 6 - 14 years exp. (56 salaries)	₹4.5 L/yr - ₹8.5 L/yr 17% more
Bajaj Allianz Life Insurance Assistant Branch Manager Salary 1 - 10 years exp. (13 salaries)	₹5 L/yr - ₹8.5 L/yr 8% more
Reliance Nippon Life Insurance Assistant Branch Manager Salary 5 - 18 years exp. (292 salaries)	₹4 L/yr - ₹7.5 L/yr 8% more
Star Health & Allied Insurance Assistant Branch Manager Salary 5 - 17 years exp. (117 salaries)	₹4 L/yr - ₹7.8 L/yr 3% more
Care Health Insurance Assistant Branch Manager Salary 5 - 15 years exp. (30 salaries)	₹3.9 L/yr - ₹6.6 L/yr 5% less
Tata AIA Life Insurance Assistant Branch Manager Salary 5 - 15 years exp. (33 salaries)	₹5 L/yr - ₹9.8 L/yr 31% more
Shriram Life Insurance Assistant Branch Manager Salary 0 - 9 years exp. (22 salaries)	₹2.2 L/yr - ₹5.5 L/yr 38% less
HDFC Ergo General Insurance Assistant Branch Manager Salary 2 - 9 years exp. (19 salaries)	₹3.3 L/yr - ₹6 L/yr 14% less
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PNB MetLife Assistant Branch Manager Salary 7 - 16 years exp. (6 salaries)	₹6.1 L/yr - ₹9 L/yr 25% more
ICICI Lombard General Insurance Company Assistant Branch Manager Salary 3 - 8 years exp. (5 salaries)	₹5.5 L/yr - ₹6.5 L/yr 5% more
Aditya Birla Sun Life Insurance Assistant Branch Manager Salary 11 - 15 years exp. (3 salaries)	₹5 L/yr - ₹7 L/yr 4% less
The Oriental Insurance Co. Assistant Branch Manager Salary 9 - 11 years exp. (3 salaries)	₹9.2 L/yr - ₹11.7 L/yr 81% more

Assistant Branch Manager salary at HDFC Life ranges between ₹3.8 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 28 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Assistant Branch Manager salaries

Last Updated: 14 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.5 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹6.5 L/yr
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5 years (3 salaries)	₹3.8 L/yr - ₹6.5 L/yr
6 years (4 salaries)	₹4.3 L/yr - ₹7.5 L/yr
7 years (4 salaries)	₹2.3 L/yr - ₹7.2 L/yr
8 years (4 salaries)	₹4.3 L/yr - ₹6.5 L/yr
9 years (3 salaries)	₹2.2 L/yr - ₹6.8 L/yr
10 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹9.9 L/yr
11 years (AmbitionBox Estimate)	₹4 L/yr - ₹6 L/yr
12 years (3 salaries)	₹5 L/yr - ₹9.7 L/yr

View all

Similar Designation salaries in HDFC Life

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Area Sales Manager Salary

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₹2 L/yr - ₹6.5 L/yr

Senior Sales Manager Salary

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₹5.65 L/yr - ₹12 L/yr

Business Manager Salary

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₹2.35 L/yr - ₹8.1 L/yr

Branch Sales Manager Salary

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₹5 L/yr - ₹10.5 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹25.2 L/yr - ₹32.2 L/yr

Salary related reviews for HDFC Life

4.1

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

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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HDFC Life Assistant Branch Manager Salary FAQs

What is the salary of Assistant Branch Manager at HDFC Life?

Assistant Branch Manager salary at HDFC Life in India ranges between ₹3.8 Lakhs to ₹7.5 Lakhs for experience between 3 years to 12 years. According to our estimates it is 12% more than the average Assistant Branch Manager Salary in India. Salary estimates are based on 28 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Assistant Branch Manager at HDFC Life is 12% more than the average salary of a Assistant Branch Manager in India. To know exact salary insights, login to view.

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

The Oriental Insurance Co. Assistant Branch Manager Salary - ₹9.2 Lakhs to ₹11.7 Lakhs per year
Tata AIA Life Insurance Assistant Branch Manager Salary - ₹5.0 Lakhs to ₹9.8 Lakhs per year
PNB MetLife Assistant Branch Manager Salary - ₹6.1 Lakhs to ₹9.0 Lakhs per year
SBI Life Insurance Company Assistant Branch Manager Salary - ₹2.4 Lakhs to ₹12.0 Lakhs per year
Max Life Insurance Assistant Branch Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year

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

Kotak Mahindara Life Insurance Assistant Branch Manager Salary - ₹4.5 Lakhs to ₹8.5 Lakhs per year
Bajaj Allianz Life Insurance Assistant Branch Manager Salary - ₹5.0 Lakhs to ₹8.5 Lakhs per year
Reliance Nippon Life Insurance Assistant Branch Manager Salary - ₹4.0 Lakhs to ₹7.5 Lakhs per year
ICICI Lombard General Insurance Company Assistant Branch Manager Salary - ₹5.5 Lakhs to ₹6.5 Lakhs per year
Star Health & Allied Insurance Assistant Branch Manager Salary - ₹4.0 Lakhs to ₹7.8 Lakhs per year

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

The estimated take-home salary of a Assistant Branch Manager at HDFC Life ranges between ₹42,755 per month to ₹43,880 per month in India. The take-home salary calculation is based on the average HDFC Life Assistant Branch Manager salary in India which ranges between ₹3.8 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Assistant Branch Manager at HDFC Life?

According to AmbitionBox, 46% of the HDFC Life Assistant Branch Managers reported a notice period of 15 days or less, 39% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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HDFC Life Assistant Branch Manager Salaries

HDFC Life Assistant Branch Manager salary in India ranges between ₹3.8 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 HDFC Life latest salaries received from various employees of HDFC Life.