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HDFC Life BDM salaries in Indore

Annual salary range
2 - 6 years exp.
₹2.6 Lakhs - ₹3.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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33% less than the average BDM Salary in Insurance Companies for 2 - 6 years of experience

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Last Updated: 20 Aug 2023

Companies similar to HDFC Life for BDM in Indore

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HDFC Life BDM Salary

2 - 6 years exp. (3 salaries)

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₹2.6 L/yr - ₹3.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IndusInd Bank BDM Salary

2 - 5 years exp. (3 salaries)

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₹3 L/yr - ₹3.5 L/yr

arrow icon 2% more
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BYJU'S BDM Salary

3 - 5 years exp. (4 salaries)

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₹7 L/yr - ₹10.3 L/yr

arrow icon 147% more
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Safexpress BDM Salary

3 - 7 years exp. (4 salaries)

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₹4.1 L/yr - ₹5.4 L/yr

arrow icon 36% more
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Bakersville BDM Salary

1 - 5 years exp. (3 salaries)

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₹1.7 L/yr - ₹2.4 L/yr

arrow icon 40% less
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Lilac Insights BDM Salary

11 - 13 years exp. (3 salaries)

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₹5.7 L/yr - ₹6.5 L/yr

arrow icon 70% more
BDM salary at HDFC Life ranges between ₹2.6 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life BDM in Indore

1y ago
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6 years exp.
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5 years exp.
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2 years exp.

Experience wise HDFC Life BDM salaries in Indore

Last Updated: 20 Aug 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹6.2 L/yr
6 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹3.5 L/yr

Similar Designation salaries in HDFC Life

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₹3.75 L/yr - ₹9.3 L/yr
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₹1.8 L/yr - ₹3.5 L/yr
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₹2.3 L/yr - ₹3.1 L/yr

Salary related reviews for HDFC Life

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

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.

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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

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".

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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.

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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.

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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.

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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.

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
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HDFC Life BDM Salary FAQs

What is the notice period for BDM at HDFC Life in Indore?
According to AmbitionBox, 100% of the HDFC Life BDMs in Indore reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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HDFC Life BDM salary in Indore ranges between ₹2.6 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 HDFC Life latest salaries received from various employees of HDFC Life.