HDFC Life Mumbai Branch Executive Salaries by 3 Employees (Updated 2024)

11 - 14 years exp.

₹1.6 Lakh - ₹2 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Branch Executive Salary in Insurance Companies for 11 - 14 years of experience

Interested in this particular role?

Last Updated: 26 Nov 2023

Companies similar to HDFC Life for Branch Executive in Mumbai

HDFC Life Branch Executive Salary

11 - 14 years exp. (3 salaries)

₹1.6 L/yr - ₹2 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Nippon Life Insurance Branch Executive Salary 1 - 7 years exp. (3 salaries)	₹2.5 L/yr - ₹3.6 L/yr 78% more
Bharti AXA Life Insurance Branch Executive Salary 1 - 7 years exp. (5 salaries)	₹2.3 L/yr - ₹3.5 L/yr 81% more
Login to view exact salary
Muthoottu Mini Financiers Branch Executive Salary 1 - 4 years exp. (4 salaries)	₹1.7 L/yr - ₹2 L/yr 8% more
Charak Pharma Branch Executive Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.1 L/yr 80% more
Vanita Agrochem Branch Executive Salary 7 - 9 years exp. (3 salaries)	₹3.3 L/yr - ₹3.9 L/yr 117% more

Branch Executive salary at HDFC Life ranges between ₹1.6 Lakh to ₹2 Lakhs per year for employees with experience between 11 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Branch Executive salaries in Mumbai

Last Updated: 26 Nov 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr
12 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
Login to view exact salary
13 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr
14 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr

Similar Designation salaries in HDFC Life

Senior Associate Salary

(486 salaries)

₹1.1 L/yr - ₹4.7 L/yr

Branch Manager Salary

(29 salaries)

₹5.5 L/yr - ₹12.5 L/yr

Sales Executive Salary

(26 salaries)

₹1.5 L/yr - ₹4.98 L/yr

Team Lead Salary

(4 salaries)

₹4 L/yr - ₹7 L/yr

Sales Officer Salary

(3 salaries)

₹2.4 L/yr - ₹3 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.

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.

Sales Manager in Mumbai

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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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?

Got a question about HDFC Life?

Ask anonymously on communities.

HDFC Life Branch Executive Salary FAQs

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

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

Tell us how to improve this page.

Home >
Salaries >
HDFC Life Salaries >
HDFC Life Branch Executive Salaries >
HDFC Life Branch Executive Salaries in Mumbai

HDFC Life Branch Executive salary in Mumbai ranges between ₹1.6 Lakh to ₹2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HDFC Life latest salaries received from various employees of HDFC Life.