HDFC Life Kolkata Branch Manager Salaries by 20+ Employees (Updated 2025)

8 - 18 years exp.

₹6.3 Lakhs - ₹11.5 Lakhs

Salary of majority employees

13% less than the average Branch Manager Salary in Insurance Companies for 8 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 9 - 16 years exp. (14 salaries)	₹6.3 L/yr - ₹10.5 L/yr
Sales & Business Development Branch Manager Salary 12 - 18 years exp. (5 salaries)	₹8.5 L/yr - ₹11.5 L/yr
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Marketing & Communication Branch Manager Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹10.1 L/yr

Last Updated: 29 Jan 2025

Companies similar to HDFC Life for Branch Manager in Kolkata

HDFC Life Branch Manager Salary

8 - 18 years exp. (22 salaries)

₹6.3 L/yr - ₹11.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Branch Manager Salary 10 - 16 years exp. (5 salaries)	₹5.5 L/yr - ₹13.5 L/yr At par	1 job opening
SBI Life Insurance Company Branch Manager Salary 11 - 18 years exp. (6 salaries)	₹6.5 L/yr - ₹9.9 L/yr 5% more
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Max Life Insurance Branch Manager Salary 10 - 13 years exp. (4 salaries)	₹8.3 L/yr - ₹11.2 L/yr 12% more	1 job opening
Kotak Mahindara Life Insurance Branch Manager Salary 7 - 17 years exp. (15 salaries)	₹5 L/yr - ₹12.3 L/yr 2% less	1 job opening
Tata AIA Life Insurance Branch Manager Salary 9 - 19 years exp. (19 salaries)	₹8 L/yr - ₹16 L/yr 32% more	28 job openings
Reliance Nippon Life Insurance Branch Manager Salary 8 - 19 years exp. (34 salaries)	₹4.5 L/yr - ₹10 L/yr 19% less	1 job opening
Aviva Life Insurance India Branch Manager Salary 9 - 22 years exp. (7 salaries)	₹7 L/yr - ₹12.8 L/yr 7% more
Bharti AXA Life Insurance Branch Manager Salary 10 - 18 years exp. (4 salaries)	₹6.3 L/yr - ₹8.5 L/yr 16% less
Star Health & Allied Insurance Branch Manager Salary 7 - 15 years exp. (13 salaries)	₹5 L/yr - ₹9 L/yr 18% less	1 job opening
PNB MetLife Branch Manager Salary 11 - 19 years exp. (9 salaries)	₹7.5 L/yr - ₹11 L/yr 4% more	2 job openings
HDFC Ergo General Insurance Branch Manager Salary 9 - 18 years exp. (8 salaries)	₹7 L/yr - ₹12 L/yr 3% less
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ICICI Lombard General Insurance Company Branch Manager Salary 8 - 12 years exp. (7 salaries)	₹7 L/yr - ₹10 L/yr 5% less	2 job openings
Aditya Birla Sun Life Insurance Branch Manager Salary 5 - 12 years exp. (7 salaries)	₹5.3 L/yr - ₹11 L/yr 9% less
Shriram Life Insurance Branch Manager Salary 6 - 16 years exp. (4 salaries)	₹4.5 L/yr - ₹9 L/yr 43% less	3 job openings

Branch Manager salary at HDFC Life ranges between ₹6.3 Lakhs to ₹11.5 Lakhs per year for employees with experience between 8 years to 18 years. Salary estimates are based on 22 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Branch Manager salaries in Kolkata

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹15.3 L/yr
9 years (3 salaries)	₹7.1 L/yr - ₹9.5 L/yr
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10 years (3 salaries)	₹6.3 L/yr - ₹10.3 L/yr
11 years (AmbitionBox Estimate)	₹9 L/yr - ₹16.2 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹11.5 L/yr
13 years (4 salaries)	₹7 L/yr - ₹10.5 L/yr
14 years (3 salaries)	₹7 L/yr - ₹17.1 L/yr
15+ years (5 salaries)	₹8.5 L/yr - ₹10 L/yr

View all

From

Branch Manager

₹

Lakhs/yr

8 - 18 years exp.

Regional Head

₹

Lakhs/yr

17 - 21 years exp.

Branch Manager 8 - 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

8 - 18 years exp.

General Manager

10 - 24 years exp.

View 2 more career paths

From

2 more levels

Branch Manager

8 - 18 years exp.

Associate Head Regional

13 - 22 years exp.

From

1 more level

Branch Manager

8 - 18 years exp.

Senior Manager

2 - 18 years exp.

Similar Designation salaries in HDFC Life

Sales Manager Salary

(59 salaries)

₹2 L/yr - ₹6 L/yr

Deputy Manager Salary

(25 salaries)

₹5.12 L/yr - ₹12 L/yr

Branch Sales Manager Salary

(6 salaries)

₹7 L/yr - ₹7.5 L/yr

Branch Head Salary

(3 salaries)

₹7 L/yr - ₹9.5 L/yr

Area Manager Salary

(3 salaries)

₹5.4 L/yr - ₹8.5 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

2.1

Rated by 4 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 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

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AmbitionBox

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 Manager Salary FAQs

What is the salary of Branch Manager at HDFC Life Kolkata?

Branch Manager salary at HDFC Life in Kolkata ranges between ₹6.3 Lakhs to ₹11.5 Lakhs for experience between 8 years to 18 years. According to our estimates it is 13% less than the average Branch Manager Salary in India. Salary estimates are based on 22 latest salaries received from various employees of HDFC Life Kolkata.

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

The average salary of a Branch Manager at HDFC Life is 13% less than the average salary of a Branch Manager in Kolkata. 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 Kolkata.

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

Tata AIA Life Insurance Branch Manager Salary - ₹8.0 Lakhs to ₹16.0 Lakhs per year
Max Life Insurance Branch Manager Salary - ₹8.3 Lakhs to ₹11.2 Lakhs per year
Aviva Life Insurance India Branch Manager Salary - ₹7.0 Lakhs to ₹12.8 Lakhs per year
SBI Life Insurance Company Branch Manager Salary - ₹6.5 Lakhs to ₹9.9 Lakhs per year
PNB MetLife Branch Manager Salary - ₹7.5 Lakhs to ₹11.0 Lakhs per year

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

Bajaj Allianz Life Insurance Branch Manager Salary - ₹5.5 Lakhs to ₹13.5 Lakhs per year
Kotak Mahindara Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹12.3 Lakhs per year
HDFC Ergo General Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
ICICI Lombard General Insurance Company Branch Manager Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Sun Life Insurance Branch Manager Salary - ₹5.3 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Branch Manager at HDFC Life ranges between ₹67,788 per month to ₹69,525 per month in Kolkata. The take-home salary calculation is based on the average HDFC Life Branch Manager salary in India which ranges between ₹6.3 Lakhs to ₹11.5 Lakhs per year for employees with experience between 8 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 63% of the HDFC Life Branch Managers in Kolkata 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 8 responses on AmbitionBox in last 2 years.

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HDFC Life Branch Manager Salaries in Kolkata

HDFC Life Branch Manager salary in Kolkata ranges between ₹6.3 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 HDFC Life latest salaries received from various employees of HDFC Life.