HDFC Life Branch Head and Branch Manager Salaries by 4 Employees (Updated 2025)

5 - 9 years exp.

₹6.7 Lakhs - ₹13 Lakhs

Low Confidence

Salary of majority employees

At par with the average Branch Head and Branch Manager Salary in Insurance Companies for 5 - 9 years of experience

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Salaries in different departments

Marketing & Communication Branch Head and Branch Manager Salary 5 - 7 years exp. (3 salaries)	₹6.7 L/yr - ₹13 L/yr
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Sales & Business Development Branch Head and Branch Manager Salary 9 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.9 L/yr

Last Updated: 18 Feb 2025

Companies similar to HDFC Life for Branch Head and Branch Manager

Company name	Avg Annual Salary	Open Jobs
Axis Bank Branch Head and Branch Manager Salary 12 - 16 years exp. (13 salaries)	₹9.9 L/yr - ₹15 L/yr 33% more
HDFC Bank Branch Head and Branch Manager Salary 11 - 18 years exp. (7 salaries)	₹8.6 L/yr - ₹13.7 L/yr 27% more
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ICICI Bank Branch Head and Branch Manager Salary 8 - 15 years exp. (6 salaries)	₹8.2 L/yr - ₹15 L/yr 13% more
Manappuram Finance Branch Head and Branch Manager Salary 1 - 5 years exp. (6 salaries)	₹2.5 L/yr - ₹3.8 L/yr 70% less
IndusInd Bank Branch Head and Branch Manager Salary 9 - 14 years exp. (5 salaries)	₹4.8 L/yr - ₹6.1 L/yr 35% less

Branch Head and Branch Manager salary at HDFC Life ranges between ₹6.7 Lakhs to ₹13 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Branch Head and Branch Manager salaries

Last Updated: 18 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
6 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
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7 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
9 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr

Similar Designation salaries in HDFC Life

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₹5 L/yr - ₹8 L/yr

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₹5 L/yr - ₹10.5 L/yr

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₹6.7 L/yr - ₹12.5 L/yr

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Operations Manager Salary

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Senior Sales Manager Salary

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₹2.8 L/yr - ₹8 L/yr

Area Manager Salary

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₹3.76 L/yr - ₹15.4 L/yr

Salary related reviews for HDFC Life

Business Development Manager in Vasai-Virar

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.

Work satisfaction - Bad

+2 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

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

Deputy Manager in Mumbai

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

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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HDFC Life Branch Head and Branch Manager Salary FAQs

What is the salary of Branch Head and Branch Manager at HDFC Life?

Branch Head and Branch Manager salary at HDFC Life in India ranges between ₹6.7 Lakhs to ₹13.0 Lakhs for experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life India.

Which similar companies are paying more than HDFC Life to a Branch Head and Branch Manager in India?

Axis Bank Branch Head and Branch Manager Salary - ₹9.9 Lakhs to ₹15.0 Lakhs per year
HDFC Bank Branch Head and Branch Manager Salary - ₹8.6 Lakhs to ₹13.7 Lakhs per year
ICICI Bank Branch Head and Branch Manager Salary - ₹8.2 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Branch Head and Branch Manager in companies similar to HDFC Life in India?

IndusInd Bank Branch Head and Branch Manager Salary - ₹4.8 Lakhs to ₹6.1 Lakhs per year
Manappuram Finance Branch Head and Branch Manager Salary - ₹2.5 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a Branch Head and Branch Manager at HDFC Life ranges between ₹67,901 per month to ₹69,641 per month in India. The take-home salary calculation is based on the average HDFC Life Branch Head and Branch Manager salary in India which ranges between ₹6.7 Lakhs to ₹13.0 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Branch Head and Branch Manager at HDFC Life?

According to AmbitionBox, 50% of the HDFC Life Branch Head and Branch Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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HDFC Life Branch Head and Branch Manager Salaries by Location

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HDFC Life Branch Head and Branch Manager Salaries

HDFC Life Branch Head and Branch Manager salary in India ranges between ₹6.7 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.