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HDFC Life Branch Development Manager salaries in India

Annual salary range
3 - 7 years exp.
₹2.4 Lakhs - ₹4 Lakhs
Salary of majority employees
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36% less than the average Branch Development Manager Salary in Insurance Companies for 3 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Development Manager Salary
3 - 7 years exp. (8 salaries)
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₹2.4 L/yr - ₹4 L/yr

Finance & Accounting
Branch Development Manager Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.6 L/yr

Sales & Business Development
Branch Development Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Last Updated: 27 Sep 2024

Companies similar to HDFC Life for Branch Development Manager

Company name Avg Annual Salary Open Jobs
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₹2.8 L/yr - ₹5.8 L/yr

arrow icon 28% more
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₹5.2 L/yr - ₹7 L/yr

arrow icon 86% more
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₹4.5 L/yr - ₹6 L/yr

arrow icon 61% more
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₹4 L/yr - ₹5 L/yr

arrow icon 42% more
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₹2.1 L/yr - ₹3.3 L/yr

arrow icon 14% less
Branch Development Manager salary at HDFC Life ranges between ₹2.4 Lakhs to ₹4 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 11 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Branch Development Manager

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Experience wise HDFC Life Branch Development Manager salaries

Last Updated: 27 Sep 2024

Experience Avg Annual Salary
3 years  (3 salaries)

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₹2.9 L/yr - ₹3.5 L/yr
4 years  (5 salaries)

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₹2.4 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
7 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4 L/yr
HDFC Life Branch Development Manager Salary and Career Growth

From

To

Branch Development Manager

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3 - 7 years exp.

Senior Sales Manager

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4 - 14 years exp.

Branch Development Manager 3 - 7 years exp.
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Assistant Sales Manager 1 - 11 years exp.
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arrow icon 44% hike
Sales Manager 0 - 11 years exp.
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arrow icon 1% hike

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Similar Designation salaries in HDFC Life

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₹1.5 L/yr - ₹5 L/yr
Branch Manager Salary
(271 salaries)
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₹5.25 L/yr - ₹12.5 L/yr
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₹3 L/yr - ₹5 L/yr
Zonal Sales Manager Salary
(AmbitionBox Estimate)
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₹20.7 L/yr - ₹26.5 L/yr
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₹2 L/yr - ₹8 L/yr
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₹2.3 L/yr - ₹8 L/yr
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₹2.8 L/yr - ₹8 L/yr
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₹3.18 L/yr - ₹7.72 L/yr
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₹2.4 L/yr - ₹8.5 L/yr
Deputy Manager Salary
(818 salaries)
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₹3.5 L/yr - ₹12.2 L/yr

Top skills at HDFC Life for Branch Development Manager

Life Insurance Selling Skills Insurance Sales Agency Channel

Salary related reviews for HDFC Life

4.7

Rated by 5 employees for salary & benefits

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 10 Feb 2025

1.0
 for  Salary and Benefits

Likes

Hello team m Rishabh Rastogi from HDFC LIFE Bijnor Branch, there is a lot of pressure here for work and HDFC Life is a very good brand but there are no facilities for the employees in the office.

read more
  • Work-life balance - Excellent

Dislikes

Here the calculation is less Here the salary is very high as compared to low and the facilities are also very less, the promotions target is very high and there are many parameters.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 30 May 2024

3.0
 for  Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

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  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 24 Oct 2023

3.0
 for  Salary and Benefits

Likes

Already they are top in insurance sector so people know about this company that's good part.

Dislikes

...se that's why they are doing insurance these are the facts they take advantage In small salary package thier expectation is more than crore For a freshers Or 2 years experience not good place to work You have to travel every single day like a horse (on your money) Many more people don't share because they sacred if they share they can't get job because these people leaves and they go to another company so it's like round like earth anyone can meet anywhere In 100 people only will success 2

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  • Skill development - Poor
  • +5 more

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.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 19 Aug 2023

1.0
 for  Salary and Benefits

Likes

Flexibility of work from home.

  • Job security - Good

Dislikes

...nt is not supportive and the way they communicate with lower levels is terrible. Salary structure is horrible and shift hours are expected for 12 to 14 hrs a day

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  • Salary - Bad
  • +5 more
see more salary related reviews

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HDFC Life Branch Development Manager Salary FAQs

What is the salary of Branch Development Manager at HDFC Life?
Branch Development Manager salary at HDFC Life in India ranges between ₹2.4 Lakhs to ₹4.0 Lakhs for experience between 3 years to 7 years. According to our estimates it is 36% less than the average Branch Development Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of HDFC Life India.
How does the salary of a Branch Development Manager at HDFC Life India compare with the average salary range for this job?
The average salary of a Branch Development Manager at HDFC Life is 36% less than the average salary of a Branch Development Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Development Manager at HDFC Life?
Life Insurance, Selling Skills, Insurance Sales and Agency Channel are some of the popular skills required to work as a Branch Development Manager at HDFC Life India.
Which similar companies are paying more than HDFC Life to a Branch Development Manager in India?
  • Max Life Insurance Branch Development Manager Salary - ₹5.2 Lakhs to ₹7.0 Lakhs per year
  • Bajaj Allianz Life Insurance Branch Development Manager Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
  • Reliance Nippon Life Insurance Branch Development Manager Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
  • SBI Life Insurance Company Branch Development Manager Salary - ₹2.8 Lakhs to ₹5.8 Lakhs per year
What is the salary of a Branch Development Manager in companies similar to HDFC Life in India?
  • Shriram Life Insurance Branch Development Manager Salary - ₹2.1 Lakhs to ₹3.3 Lakhs per year
What is the estimated take home salary of a Branch Development Manager at HDFC Life in India?
The estimated take-home salary of a Branch Development Manager at HDFC Life ranges between ₹23,513 per month to ₹24,974 per month in India. The take-home salary calculation is based on the average HDFC Life Branch Development Manager salary in India which ranges between ₹2.4 Lakhs to ₹4.0 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Branch Development Manager at HDFC Life?
According to AmbitionBox, 63% of the HDFC Life Branch Development Managers reported a notice period of 1 Month, 32% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Branch Development Manager salary in India ranges between ₹2.4 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 HDFC Life latest salaries received from various employees of HDFC Life.