HDFC Life Banking Relationship Manager Salaries by 4 Employees (Updated 2025)

0 - 9 years exp.

₹2.8 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

At par with the average Banking Relationship Manager Salary in Insurance Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Banking Relationship Manager Salary 9 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
Customer Success, Service & Operations Banking Relationship Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
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Finance & Accounting Banking Relationship Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
Sales & Business Development Banking Relationship Manager Salary Fresher (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 14 Sep 2024

Companies similar to HDFC Life for Banking Relationship Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Banking Relationship Manager Salary 0 - 9 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 28% less
SBI Life Insurance Company Banking Relationship Manager Salary 3 - 6 years exp. (3 salaries)	₹4.4 L/yr - ₹5.5 L/yr 16% more
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Max Life Insurance Banking Relationship Manager Salary 3 - 8 years exp. (4 salaries)	₹2.4 L/yr - ₹5 L/yr 13% less
Bajaj Allianz Life Insurance Banking Relationship Manager Salary 2 - 6 years exp. (5 salaries)	₹2.8 L/yr - ₹4 L/yr 17% less
Reliance Nippon Life Insurance Banking Relationship Manager Salary 2 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹2.9 L/yr 39% less
Tata AIA Life Insurance Banking Relationship Manager Salary 2 - 5 years exp. (4 salaries)	₹4 L/yr - ₹5 L/yr 13% more
Aditya Birla Sun Life Insurance Banking Relationship Manager Salary 6 - 10 years exp. (3 salaries)	₹3 L/yr - ₹7 L/yr 11% more
PNB MetLife Banking Relationship Manager Salary 1 - 5 years exp. (5 salaries)	₹2.4 L/yr - ₹3.8 L/yr 27% less

Banking Relationship Manager salary at HDFC Life ranges between ₹2.8 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Banking Relationship Manager salaries

Last Updated: 14 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

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Salary related reviews for HDFC Life

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

Business Development Manager in Vasai-Virar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 May 2024

3.0

for Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

Work satisfaction - Bad

+2 more

Operations Manager in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 26 Nov 2023

1.0

for Salary and Benefits

Likes

The way they make fool our of you. JD and actual work are really different. Popular statement "I am a really considerate manager".

Job security - Excellent

Dislikes

Usual work day is for about 12 hrs On document Saturday is a non working day but you will be forced to work with out pay. Overtime is a myth Promotion depends upon L1's will. Variable pay is only for MT's and chief manager & above Huge gap in pay at same band.

Salary - Bad

+4 more

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

Skill development - Poor

+5 more

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AmbitionBox

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 Relationship Manager Salary FAQs

What is the salary of Banking Relationship Manager at HDFC Life?

Banking Relationship Manager salary at HDFC Life in India ranges between ₹2.8 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 3% more than the average Banking Relationship Manager 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 Relationship Manager at HDFC Life India compare with the average salary range for this job?

The average salary of a Banking Relationship Manager at HDFC Life is 3% more than the average salary of a Banking Relationship Manager in India. To know exact salary insights, login to view.

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

SBI Life Insurance Company Banking Relationship Manager Salary - ₹4.4 Lakhs to ₹5.5 Lakhs per year
Tata AIA Life Insurance Banking Relationship Manager Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Sun Life Insurance Banking Relationship Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year

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

Max Life Insurance Banking Relationship Manager Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz Life Insurance Banking Relationship Manager Salary - ₹2.8 Lakhs to ₹4.0 Lakhs per year
PNB MetLife Banking Relationship Manager Salary - ₹2.4 Lakhs to ₹3.8 Lakhs per year
ICICI Prudential Life Insurance Banking Relationship Manager Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
Reliance Nippon Life Insurance Banking Relationship Manager Salary - ₹2.4 Lakhs to ₹2.9 Lakhs per year

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

The estimated take-home salary of a Banking Relationship Manager at HDFC Life ranges between ₹31,138 per month to ₹32,435 per month in India. The take-home salary calculation is based on the average HDFC Life Banking Relationship Manager salary in India which ranges between ₹2.8 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

What is the notice period for Banking Relationship Manager at HDFC Life?

According to AmbitionBox, 67% of the HDFC Life Banking Relationship Managers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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HDFC Life Banking Relationship Manager Salaries

HDFC Life Banking Relationship Manager salary in India ranges between ₹2.8 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.