HDFC Life Branch Manager Salaries by 200+ Employees (Updated 2025)

6 - 18 years exp.

₹5.3 Lakhs - ₹12.5 Lakhs

Salary of majority employees

At par with the average Branch Manager Salary in Insurance Companies for 6 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 6 - 18 years exp. (127 salaries)	₹5.3 L/yr - ₹12 L/yr
Sales & Business Development Branch Manager Salary 6 - 18 years exp. (74 salaries)	₹5.5 L/yr - ₹12.3 L/yr
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Customer Success, Service & Operations Branch Manager Salary 6 - 13 years exp. (10 salaries)	₹6.5 L/yr - ₹12.5 L/yr
Marketing & Communication Branch Manager Salary 8 - 18 years exp. (10 salaries)	₹6.8 L/yr - ₹11 L/yr

Last Updated: 13 Feb 2025

Companies similar to HDFC Life for Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Manager Salary 3 - 18 years exp. (314 salaries)	₹6.4 L/yr - ₹18 L/yr 29% more
Bajaj Allianz Life Insurance Branch Manager Salary 7 - 18 years exp. (129 salaries)	₹4.5 L/yr - ₹13.5 L/yr 13% less	1 job opening
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SBI Life Insurance Company Branch Manager Salary 7 - 24 years exp. (169 salaries)	₹6.5 L/yr - ₹15.7 L/yr 12% more
Max Life Insurance Branch Manager Salary 8 - 19 years exp. (142 salaries)	₹7 L/yr - ₹14 L/yr 13% more	2 job openings
Kotak Mahindara Life Insurance Branch Manager Salary 3 - 18 years exp. (201 salaries)	₹4.5 L/yr - ₹13 L/yr 6% less	2 job openings
Tata AIA Life Insurance Branch Manager Salary 9 - 20 years exp. (160 salaries)	₹5 L/yr - ₹16.2 L/yr 27% more	30 job openings
Reliance Nippon Life Insurance Branch Manager Salary 8 - 20 years exp. (194 salaries)	₹3.8 L/yr - ₹10 L/yr 20% less	1 job opening
Aviva Life Insurance India Branch Manager Salary 7 - 22 years exp. (40 salaries)	₹7 L/yr - ₹15 L/yr 9% more
Bharti AXA Life Insurance Branch Manager Salary 7 - 18 years exp. (74 salaries)	₹5 L/yr - ₹10.5 L/yr 16% less
Canara HSBC Life Insurance Branch Manager Salary 7 - 17 years exp. (7 salaries)	₹7 L/yr - ₹12.5 L/yr 12% more

View all

Branch Manager salary at HDFC Life ranges between ₹5.3 Lakhs to ₹12.5 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 271 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Branch Manager salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
6 years (14 salaries)	₹6 L/yr - ₹10 L/yr
7 years (21 salaries)	₹5.3 L/yr - ₹9.7 L/yr
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8 years (30 salaries)	₹5.5 L/yr - ₹10.7 L/yr
9 years (25 salaries)	₹5.5 L/yr - ₹12.3 L/yr
10 years (38 salaries)	₹6.3 L/yr - ₹11.3 L/yr
11 years (25 salaries)	₹7.1 L/yr - ₹11.5 L/yr
12 years (20 salaries)	₹6.5 L/yr - ₹11.5 L/yr
13 years (28 salaries)	₹6.4 L/yr - ₹12.5 L/yr
14 years (22 salaries)	₹6.5 L/yr - ₹12 L/yr
15+ years (48 salaries)	₹7 L/yr - ₹12 L/yr

View all

From

Branch Manager

₹

Lakhs/yr

6 - 18 years exp.

Regional Head

₹

Lakhs/yr

17 - 21 years exp.

Branch Manager 6 - 18 years exp.

Senior Branch Manager 10 - 20 years exp.

23% hike

Deputy General Manager 9 - 19 years exp.

63% hike

From

2 more levels

Branch Manager

6 - 18 years exp.

General Manager

10 - 24 years exp.

View 2 more career paths

From

2 more levels

Branch Manager

6 - 18 years exp.

Associate Head Regional

13 - 22 years exp.

From

1 more level

Branch Manager

6 - 18 years exp.

Senior Manager

2 - 18 years exp.

Similar Designation salaries in HDFC Life

Area Manager Salary

(26 salaries)

₹3.2 L/yr - ₹12.6 L/yr

Credit Manager Salary

(4 salaries)

₹4.2 L/yr - ₹9.5 L/yr

Sales Manager Salary

(713 salaries)

₹1.55 L/yr - ₹7.5 L/yr

Branch Incharge Salary

(4 salaries)

₹6.7 L/yr - ₹12.5 L/yr

Branch Head Salary

(151 salaries)

₹5.6 L/yr - ₹12 L/yr

Deputy Manager Salary

(816 salaries)

₹3.5 L/yr - ₹12.5 L/yr

Chief Manager Salary

(195 salaries)

₹11.1 L/yr - ₹30 L/yr

Branch Sales Manager Salary

(40 salaries)

₹5 L/yr - ₹10.5 L/yr

Senior Branch Manager Salary

(83 salaries)

₹7.8 L/yr - ₹14.8 L/yr

Deputy Branch Manager Salary

(7 salaries)

₹5 L/yr - ₹8 L/yr

Top skills at HDFC Life for Branch Manager

Branch Management Life Insurance Direct Sales Team Management Branch Operations Sales Planning Team Handling Calling Life Insurance Sales Management LI Digital Sales Team Handling Team Leading agency development

Salary related reviews for HDFC Life

3.7

Rated by 138 employees for salary & benefits

Branch Manager in Kolkata

Agency Channel Department

2.0

• posted on 14 May 2022

1.0

for Salary and Benefits

Likes

There is nothing as such to mention.

Skill development - Good

Dislikes

Working culture is not at all satisfactory. Regarding payout or salary of an advisor, ADM as well as appirisal of Branch Manager approved but not even processed till now. Seniors are using slang words in Concall as well as open forum.

Salary - Bad

+5 more

Branch Manager in Jaipur

BFSI, Investments & Trading Department

5.0

• posted on 31 Jul 2020

5.0

for Salary and Benefits

Likes

...ny. In this pandamic and lockdown situation company support to every employee Company provide salary hike also in this situation I feel proud i am a part of hdfc life

Salary - Excellent

+6 more

Dislikes

Nothing in my mind according to me not single point in my mind to write about hdfc life for dislike But one thing i want 5 days working week

Branch Manager in Amritsar

Other Department

4.0

• posted on 11 Jan 2019

3.0

for Salary and Benefits

Likes

Training part was very good.bosses are good .but job was not secure.

Skill development - Excellent

+2 more

Dislikes

Now job security are very less and or FC channel is totally use less no want work without salary.so I was not satisfied this channel.

Business Development Manager in Bijnor

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.

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.

Salary - Bad

+4 more

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

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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HDFC Life Branch Manager Salary FAQs

What is the salary of Branch Manager at HDFC Life?

Branch Manager salary at HDFC Life in India ranges between ₹5.3 Lakhs to ₹12.5 Lakhs for experience between 6 years to 18 years. According to our estimates it is 3% more than the average Branch Manager Salary in India. Salary estimates are based on 271 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Branch Manager at HDFC Life is 3% more than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

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

Branch Management, Life Insurance, Direct Sales, Team Management and Branch Operations are some of the popular skills required to work as a Branch Manager at HDFC Life India.

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

The New India Assurance Co. Branch Manager Salary - ₹10.0 Lakhs to ₹18.5 Lakhs per year
United India Insurance Company Branch Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
The Oriental Insurance Co. Branch Manager Salary - ₹11.2 Lakhs to ₹12.9 Lakhs per year
ICICI Prudential Life Insurance Branch Manager Salary - ₹6.4 Lakhs to ₹18.0 Lakhs per year
Tata AIA Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹16.2 Lakhs per year

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

Max Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
SBI Life Insurance Company Branch Manager Salary - ₹6.5 Lakhs to ₹15.7 Lakhs per year
Canara HSBC Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹12.5 Lakhs per year
Aviva Life Insurance India Branch Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
PNB MetLife Branch Manager Salary - ₹6.6 Lakhs to ₹12.8 Lakhs per year

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

The estimated take-home salary of a Branch Manager at HDFC Life ranges between ₹68,344 per month to ₹70,097 per month in India. The take-home salary calculation is based on the average HDFC Life Branch Manager salary in India which ranges between ₹5.3 Lakhs to ₹12.5 Lakhs per year for employees with experience between 6 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 38% of the HDFC Life Branch Managers reported a notice period of 3 Months, 24% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 162 responses on AmbitionBox in last 2 years.

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HDFC Life Branch Manager Salaries by Location

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HDFC Life Branch Manager Salaries

HDFC Life Branch Manager salary in India ranges between ₹5.3 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 271 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Branch Manager salaries in India

Companies similar to HDFC Life for Branch Manager

Latest annual salaries shared by HDFC Life Branch Manager

Experience wise HDFC Life Branch Manager salaries

Similar Designation salaries in HDFC Life

Top skills at HDFC Life for Branch Manager

Salary related reviews for HDFC Life

Branch Manager in Kolkata

Branch Manager in Jaipur

Branch Manager in Amritsar

Business Development Manager in Bijnor

Business Development Manager in Vasai-Virar

HDFC Life Branch Manager Salary FAQs

Tell us how to improve this page.

HDFC Life Branch Manager Salaries by Location