HDFC Life Mumbai Branch Head Salaries by 10+ Employees (Updated 2024)

6 - 14 years exp.

₹8 Lakhs - ₹10 Lakhs

Salary of majority employees

25% less than the average Branch Head Salary in Insurance Companies for 6 - 14 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Branch Head Salary 6 - 14 years exp. (9 salaries)	₹8 L/yr - ₹10 L/yr
Login to view exact salary
Sales & Business Development Branch Head Salary 8 - 14 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹9.8 L/yr

Last Updated: 25 Nov 2024

Companies similar to HDFC Life for Branch Head in Mumbai

HDFC Life Branch Head Salary

6 - 14 years exp. (12 salaries)

₹8 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Head Salary 9 - 13 years exp. (5 salaries)	₹9.9 L/yr - ₹13.3 L/yr 26% more
Aditya Birla Sun Life Insurance Branch Head Salary 12 - 18 years exp. (8 salaries)	₹12.7 L/yr - ₹16.5 L/yr 38% more
Login to view exact salary
HDFC Ergo General Insurance Branch Head Salary 10 - 16 years exp. (4 salaries)	₹8.6 L/yr - ₹11.8 L/yr 14% more
Care Health Insurance Branch Head Salary 7 - 12 years exp. (3 salaries)	₹5.5 L/yr - ₹9.1 L/yr 20% less
Axis Bank Branch Head Salary 7 - 24 years exp. (62 salaries)	₹9.7 L/yr - ₹26 L/yr 64% more	2 job openings

Branch Head salary at HDFC Life ranges between ₹8 Lakhs to ₹10 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 12 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Branch Head salaries in Mumbai

Last Updated: 25 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹8 L/yr - ₹15.6 L/yr
7 years (AmbitionBox Estimate)	₹8 L/yr - ₹15.8 L/yr
Login to view exact salary
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.8 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.5 L/yr
10 years (3 salaries)	₹9 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
12 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10 L/yr
13 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹9.7 L/yr
14 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹17 L/yr

View all

From

Branch Head

₹

Lakhs/yr

6 - 17 years exp.

Associate Head Regional

₹

Lakhs/yr

12 - 22 years exp.

Branch Head 6 - 17 years exp.

Circle Head 9 - 19 years exp.

63% hike

Associate Head Regional 12 - 22 years exp.

40% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDFC Life

Sales Manager Salary

(91 salaries)

₹2.2 L/yr - ₹7.5 L/yr

Branch Manager Salary

(29 salaries)

₹5.5 L/yr - ₹12.5 L/yr

Branch Sales Manager Salary

(5 salaries)

₹5 L/yr - ₹8 L/yr

Cluster Head Salary

(3 salaries)

₹10.5 L/yr - ₹11.19 L/yr

Sales Officer Salary

(3 salaries)

₹2.4 L/yr - ₹3 L/yr

Top skills at HDFC Life for Branch Head

Branch Management Life Insurance Team Handling Agency Management Area Management Agency Channel Relationship Management Channel Sales Channel Sales Management Business Development Management Team Management Skills Territory Management Branch Handling Team Management Insurance Sales

Salary related reviews for HDFC Life

2.4

Rated by 2 employees for salary & benefits

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.

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.

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.

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.

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

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 Head Salary FAQs

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

Branch Head salary at HDFC Life in Mumbai ranges between ₹8.0 Lakhs to ₹10.0 Lakhs for experience between 6 years to 14 years. According to our estimates it is 25% less than the average Branch Head Salary in India. Salary estimates are based on 12 latest salaries received from various employees of HDFC Life Mumbai.

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

The average salary of a Branch Head at HDFC Life is 25% less than the average salary of a Branch Head in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Head at HDFC Life?

Branch Management, Life Insurance, Team Handling, Agency Management and Area Management are some of the popular skills required to work as a Branch Head at HDFC Life Mumbai.

Which similar companies are paying more than HDFC Life to a Branch Head in Mumbai?

Axis Bank Branch Head Salary - ₹9.7 Lakhs to ₹26.0 Lakhs per year
Aditya Birla Sun Life Insurance Branch Head Salary - ₹12.7 Lakhs to ₹16.5 Lakhs per year
ICICI Prudential Life Insurance Branch Head Salary - ₹9.9 Lakhs to ₹13.3 Lakhs per year
HDFC Ergo General Insurance Branch Head Salary - ₹8.6 Lakhs to ₹11.8 Lakhs per year

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

Care Health Insurance Branch Head Salary - ₹5.5 Lakhs to ₹9.1 Lakhs per year

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

The estimated take-home salary of a Branch Head at HDFC Life ranges between ₹66,905 per month to ₹68,617 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Branch Head salary in India which ranges between ₹8.0 Lakhs to ₹10.0 Lakhs per year for employees with experience between 6 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 78% of the HDFC Life Branch Heads in Mumbai reported a notice period of 3 Months, 11% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

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

HDFC Life Branch Head salary in Mumbai ranges between ₹8 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 HDFC Life latest salaries received from various employees of HDFC Life.