HDFC Life Banking Officer Salaries by 3 Employees (Updated 2025)

1 - 3 years exp.

₹2.6 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

33% less than the average Banking Officer Salary in Insurance Companies for 1 - 3 years of experience

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Salaries in different departments

Finance & Accounting Banking Officer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4 L/yr
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BFSI, Investments & Trading Banking Officer Salary 1 year exp. (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.2 L/yr

Last Updated: 15 Mar 2023

Companies similar to HDFC Life for Banking Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Banking Officer Salary 1 - 6 years exp. (9 salaries)	₹2.7 L/yr - ₹3.5 L/yr 20% more
SBI Life Insurance Company Banking Officer Salary 0 - 6 years exp. (11 salaries)	₹0.8 L/yr - ₹6.8 L/yr 20% more
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Max Life Insurance Banking Officer Salary 1 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.3 L/yr 19% more
Kotak Mahindara Life Insurance Banking Officer Salary 0 - 1 year exp. (4 salaries)	₹0.4 L/yr - ₹8 L/yr 28% more
Bajaj Allianz Life Insurance Banking Officer Salary 1 - 3 years exp. (5 salaries)	₹2.3 L/yr - ₹3.3 L/yr 11% more
Reliance Nippon Life Insurance Banking Officer Salary 3 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹2.6 L/yr 9% less
Tata AIA Life Insurance Banking Officer Salary 0 - 7 years exp. (5 salaries)	₹2.6 L/yr - ₹4.5 L/yr 18% more
ICICI Lombard General Insurance Company Banking Officer Salary 0 - 8 years exp. (6 salaries)	₹1.9 L/yr - ₹4.5 L/yr 12% more

Banking Officer salary at HDFC Life ranges between ₹2.6 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Banking Officer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.2 L/yr
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹4 L/yr
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3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹4 L/yr

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Salary related reviews for HDFC Life

4.6

Rated by 3 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

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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HDFC Life Banking Officer Salary FAQs

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

According to AmbitionBox, 75% of the HDFC Life Banking Officers reported a notice period of 15 days or less, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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HDFC Life Banking Officer Salaries

HDFC Life Banking Officer salary in India ranges between ₹2.6 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HDFC Life latest salaries received from various employees of HDFC Life.