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HDFC Life BDM salaries in Mumbai

Annual salary range
1 - 6 years exp.
₹3.3 Lakhs - ₹3.6 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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27% less than the average BDM Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

Marketing & Communication
BDM Salary
1 year exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹3.5 L/yr

Sales & Business Development
BDM Salary
6 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹3.7 L/yr

Last Updated: 23 Oct 2024

Companies similar to HDFC Life for BDM in Mumbai

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HDFC Life BDM Salary

1 - 6 years exp. (3 salaries)

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₹3.3 L/yr - ₹3.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bajaj Allianz Life Insurance BDM Salary

3 - 7 years exp. (3 salaries)

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₹4 L/yr - ₹5 L/yr

arrow icon 28% more
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IndusInd Bank BDM Salary

0 - 7 years exp. (8 salaries)

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₹2 L/yr - ₹4.1 L/yr

arrow icon 4% less
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Jaro Education BDM Salary

2 - 5 years exp. (4 salaries)

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₹4 L/yr - ₹8.7 L/yr

arrow icon 108% more
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Labournet Services BDM Salary

16 - 17 years exp. (3 salaries)

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₹8.1 L/yr - ₹10.4 L/yr

arrow icon 164% more
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CADD Centre Training Services BDM Salary

12 - 15 years exp. (3 salaries)

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₹4.5 L/yr - ₹5.8 L/yr

arrow icon 47% more
BDM salary at HDFC Life ranges between ₹3.3 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year 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 Mumbai

1mo ago
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6 years exp.
1y ago
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1 year exp.
1y ago
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5 years exp.

Experience wise HDFC Life BDM salaries in Mumbai

Last Updated: 23 Oct 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.4 L/yr
2 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 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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₹1.4 L/yr - ₹3.6 L/yr
View all

Similar Designation salaries in HDFC Life

Senior Associate Salary
(483 salaries)
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₹1.1 L/yr - ₹4.7 L/yr
Deputy Manager Salary
(422 salaries)
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₹3.5 L/yr - ₹14.4 L/yr
Chief Manager Salary
(149 salaries)
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₹14 L/yr - ₹30 L/yr
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₹3.85 L/yr - ₹5.75 L/yr
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₹4.75 L/yr - ₹15 L/yr
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₹2.8 L/yr - ₹10.5 L/yr
SDM Salary
(28 salaries)
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₹1.9 L/yr - ₹3.85 L/yr
Sales Executive Salary
(26 salaries)
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₹1.5 L/yr - ₹4.98 L/yr
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₹2 L/yr - ₹3.9 L/yr
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₹1.9 L/yr - ₹3.75 L/yr

Salary related reviews for HDFC Life

5.0

Rated by 1 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

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

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.

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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

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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,

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HDFC Life BDM Salary FAQs

What is the notice period for BDM at HDFC Life in Mumbai?
According to AmbitionBox, 100% of the HDFC Life BDMs in Mumbai reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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HDFC Life BDM salary in Mumbai ranges between ₹3.3 Lakhs to ₹3.6 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.