HDFC Life Mumbai Branch Associate Salaries by 4 Employees (Updated 2024)

1 - 2 years exp.

₹1.4 Lakh - ₹1.8 Lakh

Salary of majority employees

7% more than the average Branch Associate Salary in Insurance Companies for 1 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Associate Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.8 L/yr
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Customer Success, Service & Operations Branch Associate Salary 1 year exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr

Last Updated: 21 Aug 2024

Companies similar to HDFC Life for Branch Associate in Mumbai

HDFC Life Branch Associate Salary

1 - 2 years exp. (4 salaries)

₹1.4 L/yr - ₹1.8 L/yr

Company name	Avg Annual Salary	Open Jobs
3i Infotech Branch Associate Salary 3 - 4 years exp. (3 salaries)	₹1 L/yr - ₹1.7 L/yr 18% less

Branch Associate salary at HDFC Life ranges between ₹1.4 Lakh to ₹1.8 Lakh per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Branch Associate salaries in Mumbai

Last Updated: 21 Aug 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.4 L/yr - ₹1.8 L/yr
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2 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹1.8 L/yr

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Salary related reviews for HDFC Life

5.0

Rated by 1 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.

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.

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.

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".

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.

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.

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Life Branch Associate Salary FAQs

What is the salary of Branch Associate at HDFC Life Mumbai?

Branch Associate salary at HDFC Life in Mumbai ranges between ₹1.4 Lakhs to ₹1.8 Lakhs for experience between 1 years to 2 years. According to our estimates it is 7% more than the average Branch Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life Mumbai.

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

The average salary of a Branch Associate at HDFC Life is 7% more than the average salary of a Branch Associate in Mumbai. To know exact salary insights, login to view.

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

3i Infotech Branch Associate Salary - ₹1.0 Lakhs to ₹1.7 Lakhs per year

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

The estimated take-home salary of a Branch Associate at HDFC Life ranges between ₹11,677 per month to ₹12,957 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Branch Associate salary in India which ranges between ₹1.4 Lakhs to ₹1.8 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the HDFC Life Branch Associates in Mumbai reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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HDFC Life Branch Associate Salaries in Mumbai

HDFC Life Branch Associate salary in Mumbai ranges between ₹1.4 Lakh to ₹1.8 Lakh with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.