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HDFC Life

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4.0

based on 8.6k Reviews

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HDFC Life Branch Manager salaries in India

Annual salary range
6 - 17 years exp.
₹5.3 Lakhs - ₹12.5 Lakhs
Salary of majority employees
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At par with the average Branch Manager Salary in Insurance Companies for 6 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
6 - 17 years exp. (131 salaries)
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₹5.3 L/yr - ₹12 L/yr

Sales & Business Development
Branch Manager Salary
6 - 17 years exp. (75 salaries)
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₹5.5 L/yr - ₹11.5 L/yr

Customer Success, Service & Operations
Branch Manager Salary
6 - 13 years exp. (10 salaries)
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₹6.5 L/yr - ₹12.5 L/yr

Marketing & Communication
Branch Manager Salary
8 - 13 years exp. (9 salaries)
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₹6.8 L/yr - ₹11 L/yr

Last Updated: 14 Jan 2025

Companies similar to HDFC Life for Branch Manager

Company name Avg Annual Salary Open Jobs
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ICICI Prudential Life Insurance Branch Manager Salary

6 - 18 years exp. (241 salaries)
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₹6.3 L/yr - ₹18 L/yr

arrow icon 34% more
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Bajaj Allianz Life Insurance Branch Manager Salary

7 - 18 years exp. (127 salaries)
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₹4.5 L/yr - ₹12.9 L/yr

arrow icon 9% less
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SBI Life Insurance Company Branch Manager Salary

7 - 19 years exp. (159 salaries)
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₹6.5 L/yr - ₹15.7 L/yr

arrow icon 14% more
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Max Life Insurance Branch Manager Salary

6 - 18 years exp. (139 salaries)
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₹7 L/yr - ₹14 L/yr

arrow icon 14% more
 1 job opening
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Kotak Mahindara Life Insurance Branch Manager Salary

3 - 17 years exp. (199 salaries)
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₹5 L/yr - ₹13 L/yr

arrow icon 1% less
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Tata AIA Life Insurance Branch Manager Salary

9 - 20 years exp. (157 salaries)
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₹5 L/yr - ₹16.2 L/yr

arrow icon 32% more
 21 job openings
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Reliance Nippon Life Insurance Branch Manager Salary

8 - 20 years exp. (191 salaries)
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₹3.8 L/yr - ₹10 L/yr

arrow icon 15% less
 1 job opening
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Aviva Life Insurance India Branch Manager Salary

7 - 22 years exp. (39 salaries)
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₹7 L/yr - ₹15 L/yr

arrow icon 11% more
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Bharti AXA Life Insurance Branch Manager Salary

6 - 18 years exp. (82 salaries)
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₹5 L/yr - ₹10.5 L/yr

arrow icon 12% less
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Canara HSBC Life Insurance Branch Manager Salary

7 - 10 years exp. (4 salaries)
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₹8 L/yr - ₹12 L/yr

arrow icon 13% 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 17 years. Salary estimates are based on 275 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Branch Manager

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15 years exp.
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13 years exp.
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11 years exp.
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14 years exp.
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8 years exp.
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11 years exp.
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9 years exp.

Experience wise HDFC Life Branch Manager salaries

Last Updated: 14 Jan 2025

Experience Avg Annual Salary
6 years  (15 salaries)

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₹6 L/yr - ₹10 L/yr
7 years  (21 salaries)

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₹5.3 L/yr - ₹9.7 L/yr
8 years  (31 salaries)

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₹5.5 L/yr - ₹10.7 L/yr
9 years  (25 salaries)

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₹5.5 L/yr - ₹11 L/yr
10 years  (39 salaries)

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₹6.3 L/yr - ₹11.3 L/yr
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HDFC Life Branch Manager Salary and Career Growth

From

To

Branch Manager

₹unlock blur Lakhs/yr

6 - 17 years exp.

Regional Head

₹unlock blur Lakhs/yr

17 - 21 years exp.

Branch Manager 6 - 17 years exp.
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Senior Branch Manager 10 - 20 years exp.
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arrow icon 24% hike
Deputy General Manager 9 - 19 years exp.
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arrow icon 68% hike

View more

From

2 more levels

To

Branch Manager

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6 - 17 years exp.

General Manager

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10 - 24 years exp.

Similar Designation salaries in HDFC Life

Area Manager Salary
(22 salaries)
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₹5.4 L/yr - ₹13.2 L/yr
Credit Manager Salary
(4 salaries)
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₹4.2 L/yr - ₹9.5 L/yr
Sales Manager Salary
(706 salaries)
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₹1.55 L/yr - ₹7.3 L/yr
Branch Incharge Salary
(4 salaries)
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₹6.7 L/yr - ₹12.5 L/yr
Branch Head Salary
(153 salaries)
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₹5.6 L/yr - ₹12 L/yr
Deputy Manager Salary
(721 salaries)
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₹3.5 L/yr - ₹12.1 L/yr
Chief Manager Salary
(207 salaries)
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₹14 L/yr - ₹31.82 L/yr
Branch Sales Manager Salary
(40 salaries)
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₹5 L/yr - ₹10.5 L/yr
Senior Branch Manager Salary
(84 salaries)
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₹7.8 L/yr - ₹14.7 L/yr
Deputy Branch Manager Salary
(7 salaries)
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₹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 136 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.

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.

read 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

read 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

read more

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.

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.

read 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.

read 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".

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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.

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2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?
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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 17 years. According to our estimates it is 1% less than the average Branch Manager Salary in India. Salary estimates are based on 275 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 1% less 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?
  • United India Insurance Company Branch Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
  • The New India Assurance Co. Branch Manager Salary - ₹8.0 Lakhs to ₹18.5 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 - ₹6.3 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 - ₹8.0 Lakhs to ₹12.0 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 ₹66,073 per month to ₹67,762 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 17 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at HDFC Life?
According to AmbitionBox, 36% of the HDFC Life Branch Managers reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 163 responses on AmbitionBox in last 2 years.

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HDFC Life Branch Manager Salaries by Location

HDFC Life Branch Manager salary in India ranges between ₹5.3 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 275 HDFC Life latest salaries received from various employees of HDFC Life.