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HDFC Life Bank Manager salaries in India

Annual salary range
0 - 5 years exp.
₹2.1 Lakhs - ₹3.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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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

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SBI General Insurance Bank Manager Salary

0 - 1 year exp. (4 salaries)

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₹1 L/yr - ₹5 L/yr

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Bandhan Bank Bank Manager Salary

2 - 18 years exp. (79 salaries)

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₹1.7 L/yr - ₹7.7 L/yr

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HDFC Bank Bank Manager Salary

3 - 15 years exp. (63 salaries)

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₹2.9 L/yr - ₹12.2 L/yr

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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.

Latest annual salaries shared by HDFC Life Bank Manager

1y ago
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5 years exp.
1y ago
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2 years exp.

Experience wise HDFC Life Bank Manager salaries

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr
2 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in HDFC Life

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₹1.55 L/yr - ₹7.5 L/yr
Finance Manager Salary
(10 salaries)
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₹2.5 L/yr - ₹4.5 L/yr
Credit Manager Salary
(4 salaries)
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₹4.2 L/yr - ₹9.5 L/yr
Deputy Manager Salary
(821 salaries)
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₹3.5 L/yr - ₹12.5 L/yr
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₹2 L/yr - ₹8 L/yr
Branch Head Salary
(155 salaries)
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₹5.6 L/yr - ₹12 L/yr
Sales Officer Salary
(64 salaries)
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₹1.35 L/yr - ₹4.38 L/yr
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₹5 L/yr - ₹10.5 L/yr
Team Lead Salary
(58 salaries)
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₹1.35 L/yr - ₹8.5 L/yr

Salary related reviews for HDFC Life

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

read more
  • Skill development - Poor
  • +5 more

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.

read more
  • Salary - Poor
  • +4 more

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

read more
  • Salary - Bad
  • +5 more

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.

read more
  • 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.

read more
  • Promotions - Bad
  • +1 more

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.

read more

Dislikes

  • Salary - Bad
  • Skill development - Bad
  • +5 more
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HDFC Life Bank Manager salary in India ranges between ₹2.1 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 HDFC Life latest salaries received from various employees of HDFC Life.