HDFC Life Bank Manager Salaries by 3 Employees

0 - 5 years exp.

₹2.1 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

70% less than the average Bank Manager Salary in Insurance Companies for 0 - 5 years of experience

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Last Updated: 17 Mar 2023

Companies similar to HDFC Life for Bank Manager

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Bank Manager Salary 0 - 2 years exp. (6 salaries)	₹1 L/yr - ₹5 L/yr 3% more
SBI General Insurance Bank Manager Salary 0 - 1 year exp. (4 salaries)	₹1 L/yr - ₹5 L/yr 26% more
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ICICI Lombard General Insurance Company Bank Manager Salary 0 - 5 years exp. (4 salaries)	₹4 L/yr - ₹9 L/yr 106% more
Bandhan Bank Bank Manager Salary 2 - 18 years exp. (80 salaries)	₹1.7 L/yr - ₹7.7 L/yr 57% more
HDFC Bank Bank Manager Salary 3 - 15 years exp. (63 salaries)	₹2.9 L/yr - ₹12.2 L/yr 163% more

Bank Manager salary at HDFC Life ranges between ₹2.1 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Bank Manager salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in HDFC Life

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₹1.35 L/yr - ₹8.5 L/yr

Salary related reviews for HDFC Life

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

Relationship Manager in Kurnool

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 26 Jun 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture. Area manager mamidi praveen is very bad person. Company policies are good, appraisals are fair.

Salary - Good

+1 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is abond of 1 year before which you cannot resign. Aria manager Mamidi praveen is very bad person.

Promotions - Bad

+1 more

Relationship Manager in New Delhi

BFSI, Investments & Trading Department

1.0

• posted on 29 Jul 2020

1.0

for Salary and Benefits

Likes

...ammates are not supportive only politics and management also not transparent. Company policies are not good,appraisals are not fair and not any bonus and also not hike salary.

Dislikes

Salary - Bad
Skill development - Bad

+5 more

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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HDFC Life Bank Manager Salaries

HDFC Life Bank Manager salary in India ranges between ₹2.1 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Bank Manager salaries in India

Companies similar to HDFC Life for Bank Manager

Latest annual salaries shared by HDFC Life Bank Manager

Experience wise HDFC Life Bank Manager salaries

Similar Designation salaries in HDFC Life

Salary related reviews for HDFC Life

Sales Manager in Mumbai

Relationship Manager in Bhubaneswar

Deputy Manager in Mumbai

Relationship Manager in Kurnool

Relationship Manager in New Delhi

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