Upload Button Icon Add office photos

HDFC Life

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

HDFC Life BDM salaries in India (Updated 2025)

Annual salary range
0 - 10 years exp.
₹2 Lakhs - ₹4.3 Lakhs
Salary of majority employees
unlock blur
unlock blur

36% less than the average BDM Salary in Insurance Companies for 0 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
BDM Salary
0 - 10 years exp. (55 salaries)
unlock-blur

₹2.4 L/yr - ₹4.3 L/yr

BFSI, Investments & Trading
BDM Salary
0 - 9 years exp. (29 salaries)
unlock-blur

₹2.4 L/yr - ₹4 L/yr

Marketing & Communication
BDM Salary
1 - 7 years exp. (15 salaries)
unlock-blur

₹2.4 L/yr - ₹3.5 L/yr

Customer Success, Service & Operations
BDM Salary
4 - 7 years exp. (6 salaries)
unlock-blur

₹2.8 L/yr - ₹4.2 L/yr

Finance & Accounting
BDM Salary
1 - 5 years exp. (6 salaries)
unlock-blur

₹2.5 L/yr - ₹3.4 L/yr

Last Updated: 20 Mar 2025

Companies similar to HDFC Life for BDM

Company name Avg Annual Salary Open Jobs
Logo
SBI Life Insurance Company BDM Salary

2 - 10 years exp. (177 salaries)

unlock blur

₹1.9 L/yr - ₹6.5 L/yr

arrow icon 33% more
Logo
SBI General Insurance BDM Salary

1 - 7 years exp. (44 salaries)

unlock blur

₹2 L/yr - ₹4.5 L/yr

arrow icon 2% more
Logo
Bajaj Allianz Life Insurance BDM Salary

0 - 13 years exp. (26 salaries)

unlock blur

₹3.4 L/yr - ₹5.2 L/yr

arrow icon 31% more
Logo
Aditya Birla Sun Life Insurance BDM Salary

1 - 10 years exp. (7 salaries)

unlock blur

₹3 L/yr - ₹5.8 L/yr

arrow icon 25% more
Logo
Axis Max Life Insurance BDM Salary

1 - 12 years exp. (6 salaries)

unlock blur

₹3.4 L/yr - ₹7.2 L/yr

arrow icon 56% more
Logo
Shriram Life Insurance BDM Salary

0 - 9 years exp. (6 salaries)

unlock blur

₹2.2 L/yr - ₹6.2 L/yr

arrow icon 11% more
Logo
Reliance Nippon Life Insurance BDM Salary

3 - 9 years exp. (5 salaries)

unlock blur

₹3.2 L/yr - ₹4.5 L/yr

arrow icon 15% more
Logo
Tata AIA Life Insurance BDM Salary

3 - 11 years exp. (5 salaries)

unlock blur

₹2.8 L/yr - ₹3.3 L/yr

arrow icon 10% less
Logo
ICICI Prudential Life Insurance BDM Salary

1 - 4 years exp. (4 salaries)

unlock blur

₹3 L/yr - ₹3.5 L/yr

arrow icon 8% less
unlock blur

₹1.8 L/yr - ₹3.5 L/yr

arrow icon 19% less
unlock blur

₹1.9 L/yr - ₹6.6 L/yr

arrow icon 10% more
Logo
Kotak Mahindara Life Insurance BDM Salary

0 - 17 years exp. (4 salaries)

unlock blur

₹4.5 L/yr - ₹8.8 L/yr

arrow icon 109% more
BDM salary at HDFC Life ranges between ₹2 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 168 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life BDM

3d ago
avg blur mobile
4 years exp.
3d ago
avg blur mobile
3 years exp.
1mo ago
avg blur mobile
6 years exp.
1mo ago
avg blur mobile
10 years exp.
1mo ago
avg blur mobile
2 years exp.
1mo ago
avg blur mobile
3 years exp.
1mo ago
avg blur mobile
3 years exp.
2mo ago
avg blur mobile
3 years exp.
2mo ago
avg blur mobile
3 years exp.
2mo ago
avg blur mobile
1 month exp.

Experience wise HDFC Life BDM salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
Fresher  (12 salaries)

unlock blur

₹2.2 L/yr - ₹3.8 L/yr
1 year  (15 salaries)

unlock blur

₹2.4 L/yr - ₹4 L/yr
2 years  (34 salaries)

unlock blur

₹2 L/yr - ₹4 L/yr
3 years  (21 salaries)

unlock blur

₹2.4 L/yr - ₹4 L/yr
4 years  (28 salaries)

unlock blur

₹2.4 L/yr - ₹4 L/yr
View all
HDFC Life BDM Salary and Career Growth

From

To

BDM

unlock blur Lakhs/yr

0 - 10 years exp.

Senior Sales Manager

unlock blur Lakhs/yr

4 - 14 years exp.

BDM

0 - 10 years exp.
unlock blur

Assistant Sales Manager

1 - 11 years exp.
unlock blur
arrow icon 38% hike

Sales Manager

0 - 11 years exp.
unlock blur
arrow icon 3% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDFC Life

Senior Associate Salary
(774 salaries)
unlock blur
₹1.05 L/yr - ₹4.6 L/yr
Deputy Manager Salary
(731 salaries)
unlock blur
₹3.5 L/yr - ₹12.1 L/yr
Executive Trainee Salary
(552 salaries)
unlock blur
₹3 L/yr - ₹5.75 L/yr
Corporate Manager Salary
(499 salaries)
unlock blur
₹2.95 L/yr - ₹11.05 L/yr
SDM Salary
(298 salaries)
unlock blur
₹1.75 L/yr - ₹4 L/yr
Chief Manager Salary
(206 salaries)
unlock blur
₹14 L/yr - ₹30 L/yr
Sales Executive Salary
(190 salaries)
unlock blur
₹1 L/yr - ₹5 L/yr
unlock blur
₹4.75 L/yr - ₹15 L/yr
unlock blur
₹1.8 L/yr - ₹4.25 L/yr
Circle Head Salary
(120 salaries)
unlock blur
₹10 L/yr - ₹20.75 L/yr

Salary related reviews for HDFC Life

4.0

Rated by 49 employees for salary & benefits

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.

read more
  • 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.

read more
  • Promotions - Poor

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.

read more
  • Salary - Bad
  • +6 more

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".

read more
  • 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.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Apr 2023

3.0
 for  Salary and Benefits

Likes

...l Rules/regulations and values set by the organisation are really praise worthy. Good initial salary package. You will learn communication skills and build confidence but not much technical skills though.

read more

Dislikes

The management staff doesn't really follow what has been preached. You will be verbally harassed for not meeting targets, i have seen senior make fun of people based on their looks. According to the company's rules miss selling is a taboo but managers will force you to sell products by hook or crook to meet targets. You will be made to work extra long hours instead of the promised actual time. if it's a big branch with more competation and god forbid if the competition gets good business, you will be chewed up by your senior's on a private call. My friend was in tears when he got shouted on for not being able to get business and it was only his first month. Overall the framework of the company is nice but whether you will enjoy your work life or not depends on the kind of superiors you get.

read more
  • Work-life balance - Poor

Full Time

 · 

Other Department

3.0
  •  posted on 03 Sep 2023

2.0
 for  Salary and Benefits

Likes

Stable job, one can work with co for long term. Good HR policies. Female friendly and safe organisation.

  • Skill development - Good
  • +2 more

Dislikes

1. Pay structure is poor. The CTC includes the annual bonus. That means for earning your own CTC, one has to earn rating. 2. The managers are poor skilled, knows only to create pressure but don't know to manage pressure. Don't groom the teams. 3. 6 days working. 4. Way behind technically. Huge manual work is still there which can be handled by improved technology. 5. Overall, the co doesn't want to spend money over people, over technology,

read more
  • Salary - Poor
  • +2 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

HDFC Life BDM Salary FAQs

What is the salary of BDM at HDFC Life ?
The average salary of a BDM at HDFC Life in India typically ranges from ₹2.0 Lakhs to ₹4.3 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of BDM at HDFC Life earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. BDM Salaries at HDFC Life can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 100+ HDFC Life employees in India.
What is the estimated take home salary of a BDM at HDFC Life in India?
The estimated take-home salary of a BDM at HDFC Life in India typically ranges from ₹24,551 to ₹25,996 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from Fresher to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 100+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than HDFC Life for BDM in India?
Kotak Mahindara Life Insurance ₹4.5 Lakhs to ₹8.8 Lakhs per year
Axis Max Life Insurance ₹3.4 Lakhs to ₹7.2 Lakhs per year
SBI Life Insurance Company ₹1.9 Lakhs to ₹6.5 Lakhs per year
Bajaj Allianz Life Insurance ₹3.4 Lakhs to ₹5.2 Lakhs per year
Aditya Birla Sun Life Insurance ₹3.0 Lakhs to ₹5.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Life, depending on the role and experience level.
What is the salary of a BDM in companies similar to HDFC Life in India?
The salary of a BDM at companies similar to HDFC Life in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reliance Nippon Life Insurance ₹3.2 Lakhs to ₹4.5 Lakhs per year
Shriram Life Insurance ₹2.2 Lakhs to ₹6.2 Lakhs per year
ICICI Lombard General Insurance Company ₹1.9 Lakhs to ₹6.6 Lakhs per year
SBI General Insurance ₹2.0 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance ₹3.0 Lakhs to ₹3.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a BDM at HDFC Life in India?
The salary growth for a BDM at HDFC Life depends on factors such as experience, performance, and promotions. On average, a BDM can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
Fresher ₹2.2 Lakhs to ₹3.8 Lakhs per year
1 year ₹2.4 Lakhs to ₹4.0 Lakhs per year
2 years ₹2.0 Lakhs to ₹4.0 Lakhs per year
3 years ₹2.4 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Life BDM salary in India ranges between ₹2 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 168 HDFC Life latest salaries received from various employees of HDFC Life.