HDFC Life Associate Financial Service Manager Salaries by 6 Employees (Updated 2025)

1 - 6 years exp.

₹3 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

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12% less than the average Associate Financial Service Manager Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Financial Service Manager Salary 1 - 6 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹3.2 L/yr
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Finance & Accounting Associate Financial Service Manager Salary 6 years exp. (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 12 May 2024

Companies similar to HDFC Life for Associate Financial Service Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Associate Financial Service Manager Salary 0 - 6 years exp. (743 salaries)	Unlock ₹1.9 L/yr - ₹4.6 L/yr 14% more
Bajaj Allianz Life Insurance Associate Financial Service Manager Salary 0 - 5 years exp. (33 salaries)	Unlock ₹2.4 L/yr - ₹3 L/yr 20% less
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Tata AIA Life Insurance Associate Financial Service Manager Salary 1 - 7 years exp. (6 salaries)	Unlock ₹3.7 L/yr - ₹3.9 L/yr 18% more
ICICI Bank Associate Financial Service Manager Salary 3 - 6 years exp. (13 salaries)	Unlock ₹2.8 L/yr - ₹3.5 L/yr 6% less
ICICI Prudential Mutual Fund Associate Financial Service Manager Salary 0 - 4 years exp. (5 salaries)	Unlock ₹2.7 L/yr - ₹4.5 L/yr 8% more

Associate Financial Service Manager salary at HDFC Life ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Associate Financial Service Manager salaries

Last Updated: 12 May 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹5.4 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹2.9 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹2.9 L/yr - ₹3.7 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹3.5 L/yr

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Salary related reviews for HDFC Life

Corporate Agency Manager in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 27 Jan 2025

1.0

for Salary and Benefits

Likes

There is nothing to like about this company

Dislikes

HDFC Life primarily exploits its employees by imposing excessive work pressure and making unnecessary salary deductions. They promise promotions twice a year, but these commitments are often ignored due to office politics. There is a notable lack of job security, and the company does not provide any training during the induction process. Employees are expected to perform tasks without proper guidance. The company culture is poor; it relies solely on its brand name while subjecting employees to undue stress. There is a lack of transparency regarding targets and achievements, leading to significant mental pressure. As a result, the work-life balance is severely affected, and most employees do not feel valued in this environment.

Salary - Bad

+6 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

Corporate Agency Manager in Bhubaneswar

Full Time

Sales & Business Development Department

4.0

• posted on 22 Jun 2024

1.0

for Salary and Benefits

Likes

Management are too friendly... All staff are too friendly and helping ...

Job security - Excellent

+2 more

Dislikes

Salary increment problem... promotion criteria too hard.. even new fresher staff Haring with high salary but old staff salary not increase,

Salary - Bad

+1 more

Corporate Agency Manager in Visakhapatnam

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Sep 2023

3.0

for Salary and Benefits

Likes

They pay timely salary this only the thing

Dislikes

1. No work life balance 2. They will torture you 3. If you did not sell the policy they just try make you to purchase a policy for your family 4. There no holiday for bank holidays but it's banca channel 5.worth thing is hdfc bank doesn't like it's own policies and sell other products of tata and birla 6. There is no job security in hdfc life.. company don't remove you but the managers made you to resign So many are there like this

Skill development - Bad

+5 more

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Salary Discussions, Hike & Promotions

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an associate vice president

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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... read more

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HDFC Life Associate Financial Service Manager Salary FAQs

What is the salary of Associate Financial Service Manager at HDFC Life?

Associate Financial Service Manager salary at HDFC Life in India ranges between ₹3.0 Lakhs to ₹3.5 Lakhs for experience between 1 years to 6 years. According to our estimates it is 12% less than the average Associate Financial Service Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life India.

How does the salary of a Associate Financial Service Manager at HDFC Life India compare with the average salary range for this job?

The average salary of a Associate Financial Service Manager at HDFC Life is 12% less than the average salary of a Associate Financial Service Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Associate Financial Service Manager in India?

Tata AIA Life Insurance Associate Financial Service Manager Salary - ₹3.7 Lakhs to ₹3.9 Lakhs per year
ICICI Prudential Life Insurance Associate Financial Service Manager Salary - ₹1.9 Lakhs to ₹4.6 Lakhs per year
ICICI Prudential Mutual Fund Associate Financial Service Manager Salary - ₹2.7 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Associate Financial Service Manager in companies similar to HDFC Life in India?

ICICI Bank Associate Financial Service Manager Salary - ₹2.8 Lakhs to ₹3.5 Lakhs per year
Bajaj Allianz Life Insurance Associate Financial Service Manager Salary - ₹2.4 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Associate Financial Service Manager at HDFC Life in India?

The estimated take-home salary of a Associate Financial Service Manager at HDFC Life ranges between ₹22,621 per month to ₹24,095 per month in India. The take-home salary calculation is based on the average HDFC Life Associate Financial Service Manager salary in India which ranges between ₹3.0 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Associate Financial Service Manager at HDFC Life?

According to AmbitionBox, 100% of the HDFC Life Associate Financial Service Managers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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HDFC Life Associate Financial Service Manager Salaries

HDFC Life Associate Financial Service Manager salary in India ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HDFC Life latest salaries received from various employees of HDFC Life.