HDFC Life Branch Associate Salaries by 10+ Employees

0 - 4 years exp.

₹1.4 Lakh - ₹2.6 Lakhs

Salary of majority employees

13% less than the average Branch Associate Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations Branch Associate Salary 1 - 3 years exp. (6 salaries)	₹1.4 L/yr - ₹2.1 L/yr
BFSI, Investments & Trading Branch Associate Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.9 L/yr
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Engineering - Software & QA Branch Associate Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.2 L/yr
Sales & Business Development Branch Associate Salary 4 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.6 L/yr

Last Updated: 29 Dec 2024

Companies similar to HDFC Life for Branch Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Associate Salary 0 - 6 years exp. (13 salaries)	₹2.2 L/yr - ₹3.1 L/yr 38% more
Viztar International Branch Associate Salary 0 - 6 years exp. (15 salaries)	₹1.2 L/yr - ₹2.1 L/yr 8% less
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Moneymuttath Nidhi Branch Associate Salary 1 - 2 years exp. (4 salaries)	₹1 L/yr - ₹1.2 L/yr 40% less
Sharp Financial Services Branch Associate Salary 0 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2.5 L/yr 12% more
State Bank of India Branch Associate Salary 2 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹2.7 L/yr 27% more

Branch Associate salary at HDFC Life ranges between ₹1.4 Lakh to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 14 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Branch Associate salaries

Last Updated: 29 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹3 L/yr
1 year (7 salaries)	₹1.4 L/yr - ₹2 L/yr
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2 years (3 salaries)	₹1.8 L/yr - ₹2 L/yr
3 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.1 L/yr
4 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.5 L/yr

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Salary related reviews for HDFC Life

3.4

Rated by 3 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

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

Salary - Poor

+4 more

Senior Associate in Patna

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 04 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Low salary structure Unwanted work pressure Dirty politics Zero growth if you're not a politician in the company Non recognition of your good work No incentives even after having huge targets Manual rating system of employees, you will be judged by your amount of buttering not by your performance. Overall very bad work culture

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

an architect

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 Branch Associate Salary FAQs

What is the salary of Branch Associate at HDFC Life?

Branch Associate salary at HDFC Life in India ranges between ₹1.4 Lakhs to ₹2.6 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 13% less than the average Branch Associate Salary in India. Salary estimates are based on 14 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Branch Associate at HDFC Life is 13% less than the average salary of a Branch Associate in India. To know exact salary insights, login to view.

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

ICICI Prudential Life Insurance Branch Associate Salary - ₹2.2 Lakhs to ₹3.1 Lakhs per year
State Bank of India Branch Associate Salary - ₹2.1 Lakhs to ₹2.7 Lakhs per year
Sharp Financial Services Branch Associate Salary - ₹1.8 Lakhs to ₹2.5 Lakhs per year

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

Viztar International Branch Associate Salary - ₹1.2 Lakhs to ₹2.1 Lakhs per year
Moneymuttath Nidhi Branch Associate Salary - ₹1.0 Lakhs to ₹1.2 Lakhs per year

What is the estimated take home salary of a Branch Associate at HDFC Life in India?

The estimated take-home salary of a Branch Associate at HDFC Life ranges between ₹12,647 per month to ₹14,010 per month in India. The take-home salary calculation is based on the average HDFC Life Branch Associate salary in India which ranges between ₹1.4 Lakhs to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Branch Associate at HDFC Life?

According to AmbitionBox, 67% of the HDFC Life Branch Associates reported a notice period of 15 days or less, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

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HDFC Life Branch Associate Salaries

HDFC Life Branch Associate salary in India ranges between ₹1.4 Lakh to ₹2.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 HDFC Life latest salaries received from various employees of HDFC Life.