HDFC Life BDM Salaries by 100+ Employees (Updated 2025)

0 - 10 years exp.

₹2 Lakhs - ₹4.3 Lakhs

Salary of majority employees

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34% less than the average BDM Salary in Insurance Companies for 0 - 10 years of experience

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Salaries in different departments

Sales & Business Development BDM Salary 0 - 10 years exp. (55 salaries)	Unlock ₹2.4 L/yr - ₹4.3 L/yr
BFSI, Investments & Trading BDM Salary 0 - 9 years exp. (31 salaries)	Unlock ₹2.4 L/yr - ₹4 L/yr
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Marketing & Communication BDM Salary 1 - 8 years exp. (17 salaries)	Unlock ₹2.4 L/yr - ₹3.8 L/yr
Customer Success, Service & Operations BDM Salary 4 - 7 years exp. (6 salaries)	Unlock ₹2.8 L/yr - ₹4.2 L/yr
Finance & Accounting BDM Salary 1 - 5 years exp. (6 salaries)	Unlock ₹2.5 L/yr - ₹3.5 L/yr

Last Updated: 18 Feb 2025

Companies similar to HDFC Life for BDM

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance BDM Salary 1 - 4 years exp. (4 salaries)	Unlock ₹3 L/yr - ₹3.5 L/yr 10% less
SBI Life Insurance Company BDM Salary 2 - 10 years exp. (179 salaries)	Unlock ₹2.2 L/yr - ₹6.5 L/yr 29% more
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Axis Max Life Insurance BDM Salary 1 - 12 years exp. (6 salaries)	Unlock ₹3.4 L/yr - ₹7.2 L/yr 52% more
Bajaj Allianz Life Insurance BDM Salary 0 - 13 years exp. (26 salaries)	Unlock ₹3.4 L/yr - ₹5.2 L/yr 27% more
Tata AIA Life Insurance BDM Salary 3 - 11 years exp. (5 salaries)	Unlock ₹2.8 L/yr - ₹3.3 L/yr 12% less
Kotak Mahindara Life Insurance BDM Salary 0 - 17 years exp. (4 salaries)	Unlock ₹4.5 L/yr - ₹8.8 L/yr 104% more
Aditya Birla Sun Life Insurance BDM Salary 1 - 10 years exp. (7 salaries)	Unlock ₹3 L/yr - ₹5.8 L/yr 22% more
HDFC Bank BDM Salary 0 - 6 years exp. (14 salaries)	Unlock ₹3 L/yr - ₹5 L/yr At par
Axis Bank BDM Salary 1 - 4 years exp. (9 salaries)	Unlock ₹2.4 L/yr - ₹4.3 L/yr 11% less
Kotak Mahindra Bank BDM Salary 0 - 10 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹3.3 L/yr 10% less

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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 174 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life BDM

3w ago

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6 years exp.

3w ago

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10 years exp.

3w ago

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2 years exp.

1mo ago

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3 years exp.

1mo ago

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3 years exp.

1mo ago

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3 years exp.

1mo ago

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3 years exp.

2mo ago

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3 years exp.

2mo ago

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1 month exp.

3mo ago

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6 years exp.

Experience wise HDFC Life BDM salaries

Last Updated: 18 Feb 2025

Experience	Avg Annual Salary
Fresher (13 salaries)	Unlock ₹2.2 L/yr - ₹3.8 L/yr
1 year (15 salaries)	Unlock ₹2.4 L/yr - ₹4 L/yr
Login to view exact salary
2 years (34 salaries)	Unlock ₹2 L/yr - ₹4 L/yr
3 years (21 salaries)	Unlock ₹2.4 L/yr - ₹4 L/yr
4 years (27 salaries)	Unlock ₹2.4 L/yr - ₹4 L/yr
5 years (26 salaries)	Unlock ₹2.5 L/yr - ₹4.3 L/yr
6 years (16 salaries)	Unlock ₹2.8 L/yr - ₹4.3 L/yr
7 years (11 salaries)	Unlock ₹2.7 L/yr - ₹4.2 L/yr
8 years (9 salaries)	Unlock ₹2.5 L/yr - ₹4 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹6.3 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹6.3 L/yr

View all

From

BDM

₹

Lakhs/yr

0 - 10 years exp.

Senior Sales Manager

₹

Lakhs/yr

4 - 14 years exp.

BDM

0 - 10 years exp.

Unlock

Assistant Sales Manager

1 - 11 years exp.

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34% hike

Sales Manager

0 - 11 years exp.

Unlock

2% 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.

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Sales Executive Salary

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₹0.95 L/yr - ₹5 L/yr

Management Trainee Salary

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₹4.75 L/yr - ₹15 L/yr

Senior Associate Operations Salary

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₹1.8 L/yr - ₹4.25 L/yr

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₹10 L/yr - ₹20.75 L/yr

Salary related reviews for HDFC Life

4.0

Rated by 49 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

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

SDM in Goa

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.

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.

Work-life balance - Poor

Training Manager in Bhopal

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,

Salary - Poor

+2 more

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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HDFC Life BDM Salary FAQs

What is the salary of BDM at HDFC Life?

BDM salary at HDFC Life in India ranges between ₹2.0 Lakhs to ₹4.3 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 34% less than the average BDM Salary in India. Salary estimates are based on 174 latest salaries received from various employees of HDFC Life India.

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

The average salary of a BDM at HDFC Life is 34% less than the average salary of a BDM in India. To know exact salary insights, login to view.

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

Amazon BDM Salary - ₹17.3 Lakhs to ₹69.0 Lakhs per year
Wipro BDM Salary - ₹11.7 Lakhs to ₹21.0 Lakhs per year
TCS BDM Salary - ₹13.0 Lakhs to ₹14.8 Lakhs per year
Accenture BDM Salary - ₹7.3 Lakhs to ₹16.0 Lakhs per year
Paytm BDM Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year

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

Standard Chartered BDM Salary - ₹5.5 Lakhs to ₹13.5 Lakhs per year
Kotak Mahindara Life Insurance BDM Salary - ₹4.5 Lakhs to ₹8.8 Lakhs per year
Axis Max Life Insurance BDM Salary - ₹3.4 Lakhs to ₹7.2 Lakhs per year
Infosys BDM Salary - ₹0.4 Lakhs to ₹10.0 Lakhs per year
SBI Life Insurance Company BDM Salary - ₹2.2 Lakhs to ₹6.5 Lakhs per year

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 ranges between ₹25,202 per month to ₹26,638 per month in India. The take-home salary calculation is based on the average HDFC Life BDM salary in India which ranges between ₹2.0 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

What is the notice period for BDM at HDFC Life?

According to AmbitionBox, 51% of the HDFC Life BDMs reported a notice period of 15 days or less, 45% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 122 responses on AmbitionBox in last 2 years.

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HDFC Life BDM Salaries by Location

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HDFC Life BDM Salaries

HDFC Life BDM salary in India ranges between ₹2 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 174 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life BDM salaries in India (Updated 2025)

Companies similar to HDFC Life for BDM

Latest annual salaries shared by HDFC Life BDM

Experience wise HDFC Life BDM salaries

Similar Designation salaries in HDFC Life

Salary related reviews for HDFC Life

Senior Associate in Machilipatnam

Senior Associate in Mumbai

Operations Manager in Mumbai

SDM in Goa

Training Manager in Bhopal

HDFC Life BDM Salary FAQs

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HDFC Life BDM Salaries by Location