HDFC Life Banking Executive Salaries by 4 Employees (Updated 2024)

0 - 2 years exp.

₹2.4 Lakhs - ₹4.2 Lakhs

Low Confidence

Salary of majority employees

10% less than the average Banking Executive Salary in Insurance Companies for 0 - 2 years of experience

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Last Updated: 28 Aug 2024

Companies similar to HDFC Life for Banking Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Banking Executive Salary 0 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr 2% more
Tata AIA Life Insurance Banking Executive Salary 2 - 7 years exp. (4 salaries)	₹2.6 L/yr - ₹5.9 L/yr 44% more
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Aditya Birla Sun Life Insurance Banking Executive Salary 0 - 4 years exp. (4 salaries)	₹2.7 L/yr - ₹4.5 L/yr 19% more
HDFC Ergo General Insurance Banking Executive Salary 1 - 5 years exp. (5 salaries)	₹2 L/yr - ₹4 L/yr 20% more
ICICI Lombard General Insurance Company Banking Executive Salary 0 - 6 years exp. (3 salaries)	₹1.3 L/yr - ₹3 L/yr 17% less
Star Health & Allied Insurance Banking Executive Salary 1 - 4 years exp. (3 salaries)	₹2.2 L/yr - ₹2.8 L/yr 7% less

Banking Executive salary at HDFC Life ranges between ₹2.4 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Banking Executive salaries

Last Updated: 28 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.6 L/yr
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹3.3 L/yr
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2 years (AmbitionBox Estimate)	₹1 L/yr - ₹4.2 L/yr

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Salary related reviews for HDFC Life

5.0

Rated by 1 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.

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

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

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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 Executive Salary FAQs

What is the salary of Banking Executive at HDFC Life?

Banking Executive salary at HDFC Life in India ranges between ₹2.4 Lakhs to ₹4.2 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 10% less than the average Banking Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life India.

How does the salary of a Banking Executive at HDFC Life India compare with the average salary range for this job?

The average salary of a Banking Executive at HDFC Life is 10% less than the average salary of a Banking Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Banking Executive in India?

Tata AIA Life Insurance Banking Executive Salary - ₹2.6 Lakhs to ₹5.9 Lakhs per year
HDFC Ergo General Insurance Banking Executive Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Sun Life Insurance Banking Executive Salary - ₹2.7 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance Banking Executive Salary - ₹2.5 Lakhs to ₹3.0 Lakhs per year

What is the salary of a Banking Executive in companies similar to HDFC Life in India?

Star Health & Allied Insurance Banking Executive Salary - ₹2.2 Lakhs to ₹2.8 Lakhs per year
ICICI Lombard General Insurance Company Banking Executive Salary - ₹1.3 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Banking Executive at HDFC Life in India?

The estimated take-home salary of a Banking Executive at HDFC Life ranges between ₹17,826 per month to ₹19,522 per month in India. The take-home salary calculation is based on the average HDFC Life Banking Executive salary in India which ranges between ₹2.4 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 40% of the HDFC Life Banking Executives reported a notice period of 15 days or less, 40% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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HDFC Life Banking Executive Salaries

HDFC Life Banking Executive salary in India ranges between ₹2.4 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.