HDFC Life Mumbai Associate Relationship Manager Salaries by 10+ Employees (Updated 2025)

1 - 9 years exp.

₹3.1 Lakhs - ₹4.8 Lakhs

Salary of majority employees

45% less than the average Associate Relationship Manager Salary in Insurance Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Relationship Manager Salary 3 - 9 years exp. (6 salaries)	₹3.5 L/yr - ₹4.6 L/yr
Finance & Accounting Associate Relationship Manager Salary 3 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹4.8 L/yr
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Customer Success, Service & Operations Associate Relationship Manager Salary 4 - 8 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.5 L/yr
Sales & Business Development Associate Relationship Manager Salary 1 year exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.5 L/yr

Last Updated: 14 Sep 2024

Companies similar to HDFC Life for Associate Relationship Manager in Mumbai

HDFC Life Associate Relationship Manager Salary

1 - 9 years exp. (13 salaries)

₹3.1 L/yr - ₹4.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Max Life Insurance Associate Relationship Manager Salary 1 - 4 years exp. (3 salaries)	₹3.2 L/yr - ₹3.3 L/yr 22% less
IndusInd Bank Associate Relationship Manager Salary 1 - 7 years exp. (45 salaries)	₹6.3 L/yr - ₹24.3 L/yr 238% more	6 job openings
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Standard Chartered Associate Relationship Manager Salary 2 - 15 years exp. (25 salaries)	₹5.5 L/yr - ₹12 L/yr 100% more
ICICI Bank Associate Relationship Manager Salary 0 - 5 years exp. (19 salaries)	₹4.2 L/yr - ₹12.6 L/yr 137% more
HDFC Sales Associate Relationship Manager Salary 5 - 9 years exp. (8 salaries)	₹3.4 L/yr - ₹6.2 L/yr 14% less

Associate Relationship Manager salary at HDFC Life ranges between ₹3.1 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 13 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Associate Relationship Manager salaries in Mumbai

Last Updated: 14 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr
2 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹7.4 L/yr
4 years (3 salaries)	₹3.2 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.9 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8 L/yr

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From

Associate Relationship Manager

1 - 10 years exp.

Key Relationship Manager

3 - 11 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Branch Manager Salary

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Branch Sales Manager Salary

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(5 salaries)

₹4.5 L/yr - ₹14 L/yr

Salary related reviews for HDFC Life

3.0

Rated by 2 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.

Work satisfaction - Bad

+2 more

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

Skill development - Poor

+5 more

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.

Salary - Poor

+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

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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HDFC Life Associate Relationship Manager Salary FAQs

What is the salary of Associate Relationship Manager at HDFC Life Mumbai?

Associate Relationship Manager salary at HDFC Life in Mumbai ranges between ₹3.1 Lakhs to ₹4.8 Lakhs for experience between 1 years to 9 years. According to our estimates it is 45% less than the average Associate Relationship Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of HDFC Life Mumbai.

How does the salary of a Associate Relationship Manager at HDFC Life Mumbai compare with the average salary range for this job?

The average salary of a Associate Relationship Manager at HDFC Life is 45% less than the average salary of a Associate Relationship Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Associate Relationship Manager in Mumbai?

IndusInd Bank Associate Relationship Manager Salary - ₹6.3 Lakhs to ₹24.3 Lakhs per year
ICICI Bank Associate Relationship Manager Salary - ₹4.2 Lakhs to ₹12.6 Lakhs per year
Standard Chartered Associate Relationship Manager Salary - ₹5.5 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Associate Relationship Manager in companies similar to HDFC Life in Mumbai?

HDFC Sales Associate Relationship Manager Salary - ₹3.4 Lakhs to ₹6.2 Lakhs per year
Max Life Insurance Associate Relationship Manager Salary - ₹3.2 Lakhs to ₹3.3 Lakhs per year

What is the estimated take home salary of a Associate Relationship Manager at HDFC Life in Mumbai?

The estimated take-home salary of a Associate Relationship Manager at HDFC Life ranges between ₹31,595 per month to ₹32,886 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Associate Relationship Manager salary in India which ranges between ₹3.1 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Associate Relationship Manager at HDFC Life in Mumbai?

According to AmbitionBox, 100% of the HDFC Life Associate Relationship Managers in Mumbai reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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HDFC Life Associate Relationship Manager Salaries in Mumbai

HDFC Life Associate Relationship Manager salary in Mumbai ranges between ₹3.1 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 HDFC Life latest salaries received from various employees of HDFC Life.