HDFC Life Assistant Vice President Procurement Salaries by Employees (Updated 2025)

Select experience

₹43.1 Lakhs - ₹55.1 Lakhs

Low Confidence

Salary of majority employees

Fixed (83%)

₹40.7 Lakhs

Variable (17%)

₹8.6 Lakhs

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Last Updated: 8 May 2024

Companies similar to HDFC Life for Assistant Vice President Procurement

Company name	Avg Annual Salary	Open Jobs
Max Life Insurance Assistant Vice President Procurement Salary 14 - 20 years exp. (4 salaries)	₹23 L/yr - ₹38.7 L/yr 41% less
Tata Capital Assistant Vice President Procurement Salary 14 - 17 years exp. (4 salaries)	₹22 L/yr - ₹26.5 L/yr 51% less
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BOBCARD Ltd. Assistant Vice President Procurement Salary 13 - 16 years exp. (4 salaries)	₹15 L/yr - ₹18.1 L/yr 66% less
State Street Bank Assistant Vice President Procurement Salary 14 - 16 years exp. (3 salaries)	₹38.1 L/yr - ₹48.6 L/yr 14% less
Bharti AXA Life Insurance Assistant Vice President Procurement Salary 16 - 20 years exp. (3 salaries)	₹24 L/yr - ₹26 L/yr 49% less

Assistant Vice President Procurement salary at HDFC Life ranges between ₹43.1 Lakhs to ₹55.1 Lakhs per year for employees with 23 years of experience. Salary estimates are based on 1 latest salaries received from various employees of HDFC Life.

Similar Designation salaries in HDFC Life

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₹4.5 L/yr - ₹5.8 L/yr

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₹5.2 L/yr - ₹6.7 L/yr

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Salary related reviews for HDFC Life

Operations Manager in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 26 Nov 2023

1.0

for Salary and Benefits

Likes

The way they make fool our of you. JD and actual work are really different. Popular statement "I am a really considerate manager".

Job security - Excellent

Dislikes

Usual work day is for about 12 hrs On document Saturday is a non working day but you will be forced to work with out pay. Overtime is a myth Promotion depends upon L1's will. Variable pay is only for MT's and chief manager & above Huge gap in pay at same band.

Salary - Bad

+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

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.

Salary - Poor

+3 more

Deputy General Manager in Bangalore / Bengaluru

IT & Information Security Department

4.0

• posted on 23 May 2022

3.0

for Salary and Benefits

Likes

Very slow growth in career progression and company doesn't spent money and time for people skill development.

Work-life balance - Good

Dislikes

Perfect work life balance, but learning curve and salary growth is very below compare to competition.

Deputy Manager in Lower Parel, Mumbai

Full Time

Information Technology Department

4.0

• posted on 30 Dec 2022

3.0

for Salary and Benefits

Likes

Too much pressure, however bigger companies have huge responsibility and always be at top to maintain the market standards and rank

Skill development - Excellent

+1 more

Dislikes

No promotion even after getting good appraisals. Salary can be improvised

Promotions - Poor

+1 more

see more salary related reviews

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HDFC Life Assistant Vice President Procurement Salary FAQs

What is the notice period for Assistant Vice President Procurement at HDFC Life?

According to AmbitionBox, 100% of the HDFC Life Assistant Vice President Procurements reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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HDFC Life Assistant Vice President Procurement Salaries

HDFC Life Assistant Vice President Procurement salary in India ranges between ₹43.1 Lakhs to ₹55.1 Lakhs. This is an estimate based on latest salaries received from employees of HDFC Life.