HDFC Life Banking Assistant Salaries by 3 Employees (Updated 2024)

0 - 3 years exp.

₹1.9 Lakh - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

20% less than the average Banking Assistant Salary in Insurance Companies for 0 - 3 years of experience

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Last Updated: 27 Aug 2023

Companies similar to HDFC Life for Banking Assistant

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Banking Assistant Salary 1 - 3 years exp. (7 salaries)	₹0.2 L/yr - ₹3 L/yr 64% less
Kotak Mahindara Life Insurance Banking Assistant Salary 1 - 3 years exp. (3 salaries)	₹2.5 L/yr - ₹4 L/yr 29% more
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HDFC Bank Banking Assistant Salary 0 - 6 years exp. (90 salaries)	₹1 L/yr - ₹4.3 L/yr At par
Kotak Mahindra Bank Banking Assistant Salary 0 - 5 years exp. (87 salaries)	₹1.7 L/yr - ₹4 L/yr 28% more
Axis Bank Banking Assistant Salary 0 - 5 years exp. (33 salaries)	₹1.8 L/yr - ₹5.5 L/yr 39% more

Banking Assistant salary at HDFC Life ranges between ₹1.9 Lakh to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Banking Assistant salaries

Last Updated: 27 Aug 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹1.9 L/yr
1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.3 L/yr
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2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.2 L/yr

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Salary related reviews for HDFC Life

5.0

Rated by 2 employees for salary & benefits

Senior Associate in Machilipatnam

Full Time

Other Department

4.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Skill development and learning is the main element in the hdfc life. Company culture and environment is very place to work.

Dislikes

...ys. Promotions and appraisals is a joke here less than 6% is the increment here. Salary are very low when compared to other similar industry.

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Hdfc life office is hygienic.

Dislikes

Manager is your god. And manager scold in con call tell fukat ka salary leta hai kya. If you achieve Target then also you will not get increment. Boss gives more priority to girls.

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.

Senior Associate in Patna

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 04 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Low salary structure Unwanted work pressure Dirty politics Zero growth if you're not a politician in the company Non recognition of your good work No incentives even after having huge targets Manual rating system of employees, you will be judged by your amount of buttering not by your performance. Overall very bad work culture

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.

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Life Banking Assistant Salary FAQs

What is the notice period for Banking Assistant at HDFC Life?

According to AmbitionBox, 67% of the HDFC Life Banking Assistants reported a notice period of 1 Month, 33% reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

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HDFC Life Banking Assistant Salaries

HDFC Life Banking Assistant salary in India ranges between ₹1.9 Lakh to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HDFC Life latest salaries received from various employees of HDFC Life.