HDFC Life Lucknow BDM Salaries by 4 Employees (Updated 2025)

0 - 10 years exp.

₹2.2 Lakhs - ₹3.5 Lakhs

Salary of majority employees

29% less than the average BDM Salary in Insurance Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading BDM Salary 2 - 5 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.6 L/yr
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Sales & Business Development BDM Salary 10 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.5 L/yr

Last Updated: 18 Feb 2025

Companies similar to HDFC Life for BDM in Lucknow

HDFC Life BDM Salary

0 - 10 years exp. (4 salaries)

₹2.2 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company BDM Salary 6 - 10 years exp. (3 salaries)	₹4.3 L/yr - ₹5 L/yr 37% more
IndusInd Bank BDM Salary 1 - 6 years exp. (8 salaries)	₹2.3 L/yr - ₹4.3 L/yr At par
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BYJU'S BDM Salary 3 - 5 years exp. (6 salaries)	₹8 L/yr - ₹10 L/yr 152% more
Professional Audio Video Solutions BDM Salary 10 - 13 years exp. (4 salaries)	₹4.4 L/yr - ₹4.8 L/yr 37% more
R.V.Industries BDM Salary 1 - 4 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 8% more

BDM salary at HDFC Life ranges between ₹2.2 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life BDM salaries in Lucknow

Last Updated: 18 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.4 L/yr
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
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2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.1 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
10 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.5 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.

Assistant Sales Manager

1 - 11 years exp.

34% hike

Sales Manager

0 - 11 years exp.

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.

Similar Designation salaries in HDFC Life

Corporate Manager Salary

(16 salaries)

₹3.5 L/yr - ₹9.5 L/yr

SDM Salary

(15 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Circle Head Salary

(5 salaries)

₹11 L/yr - ₹19.74 L/yr

Senior Associate Operations Salary

(5 salaries)

₹2.45 L/yr - ₹3.39 L/yr

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

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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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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HDFC Life BDM Salary FAQs

What is the salary of BDM at HDFC Life in Lucknow?

The average salary of a BDM at HDFC Life in Lucknow typically ranges from ₹2.2 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of BDM in Lucknow at HDFC Life earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 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 4 HDFC Life employees in India.

What is the estimated take home salary of a BDM at HDFC Life in Lucknow?

The estimated take-home salary of a BDM at HDFC Life in Lucknow typically ranges from ₹24,231 to ₹25,681 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.5 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 4 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?

BYJU'S	₹8.0 Lakhs to ₹10.0 Lakhs per year
Professional Audio Video Solutions	₹4.4 Lakhs to ₹4.8 Lakhs per year
SBI Life Insurance Company	₹4.3 Lakhs to ₹5.0 Lakhs per year
R.V.Industries	₹3.0 Lakhs to ₹4.5 Lakhs per year
IndusInd Bank	₹2.3 Lakhs to ₹4.3 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.

How the salary growth look like for a BDM at HDFC Life in Lucknow?

The salary growth for a BDM at HDFC Life in Lucknow depends on factors such as experience, performance, and promotions. On average, a BDM in Lucknow can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
Fresher	₹2.2 Lakhs to ₹6.4 Lakhs per year
1 year	₹3.1 Lakhs to ₹4.0 Lakhs per year
2 years	₹3.1 Lakhs to ₹6.1 Lakhs per year
3 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

Tell us how to improve this page.

HDFC Life BDM salary in Lucknow ranges between ₹2.2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.