HDFC Life Mumbai Branch Executive Salaries by 3 Employees (Updated 2025)

11 - 14 years exp.

₹1.6 Lakh - ₹2 Lakhs

Low Confidence

Salary of majority employees

22% less than the average Branch Executive Salary in Insurance Companies for 11 - 14 years of experience

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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
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Muthoottu Mini Financiers Branch Executive Salary 1 - 4 years exp. (4 salaries)	₹1.7 L/yr - ₹2 L/yr 9% more
Charak Pharma Branch Executive Salary 3 - 6 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
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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

(480 salaries)

₹1.1 L/yr - ₹4.6 L/yr

Branch Manager Salary

(28 salaries)

₹5.5 L/yr - ₹12.5 L/yr

Sales Executive Salary

(27 salaries)

₹1.1 L/yr - ₹4.98 L/yr

Team Lead Salary

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₹4.5 L/yr - ₹7 L/yr

Sales Officer Salary

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₹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.

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

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

Skill development - Poor

+5 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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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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.

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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.