HDFC Life Banking Executive Salaries by 4 Employees (Updated 2025)

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
Kotak Mahindara Life Insurance Banking Executive Salary 1 - 5 years exp. (3 salaries)	₹0.5 L/yr - ₹3 L/yr 34% less
Bajaj Allianz Life Insurance Banking Executive Salary 2 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹4.5 L/yr 38% more
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Tata AIA Life Insurance Banking Executive Salary 2 - 7 years exp. (4 salaries)	₹2.6 L/yr - ₹5.9 L/yr 44% more
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 - 5 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.

Skill development - Excellent

+2 more

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.

Promotions - Poor

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.

Salary - Bad

+6 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

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

Salary - Bad

+6 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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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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
Bajaj Allianz Life Insurance Banking Executive Salary - ₹2.4 Lakhs to ₹4.5 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

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
Kotak Mahindara Life Insurance Banking Executive Salary - ₹0.5 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.