HDFC Life Coimbatore Branch Manager Salaries by 10+ Employees

6 - 18 years exp.

₹5.8 Lakhs - ₹10.2 Lakhs

Salary of majority employees

30% more than 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. (9 salaries)	₹5.8 L/yr - ₹10.2 L/yr
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Sales & Business Development Branch Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹9 L/yr

Last Updated: 17 Jan 2024

Companies similar to HDFC Life for Branch Manager in Coimbatore

HDFC Life Branch Manager Salary

6 - 18 years exp. (14 salaries)

₹5.8 L/yr - ₹10.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Branch Manager Salary 6 - 14 years exp. (6 salaries)	₹6 L/yr - ₹8 L/yr 23% less
PNB MetLife Branch Manager Salary 8 - 19 years exp. (3 salaries)	₹7.5 L/yr - ₹11 L/yr 6% more
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Muthoot Fincorp Branch Manager Salary 2 - 15 years exp. (48 salaries)	₹1.3 L/yr - ₹4.5 L/yr 59% less	1 job opening
Muthoot Finance Branch Manager Salary 4 - 15 years exp. (35 salaries)	₹2.9 L/yr - ₹6.2 L/yr 47% less	2 job openings
City Union Bank Branch Manager Salary 5 - 13 years exp. (27 salaries)	₹8.4 L/yr - ₹15 L/yr 39% more	1 job opening

Branch Manager salary at HDFC Life ranges between ₹5.8 Lakhs to ₹10.2 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 14 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Branch Manager salaries in Coimbatore

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹7 L/yr - ₹14.6 L/yr
7 years (3 salaries)	₹7 L/yr - ₹14.9 L/yr
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8 years (3 salaries)	₹5.8 L/yr - ₹15.2 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9 L/yr
10 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹15.9 L/yr
11 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹16.2 L/yr
12 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
13 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
14 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
15+ years (4 salaries)	₹8.9 L/yr - ₹10.2 L/yr

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From

Branch Manager

₹

Lakhs/yr

6 - 18 years exp.

General Manager

₹

Lakhs/yr

10 - 24 years exp.

Branch Manager

6 - 18 years exp.

Senior Branch Manager

10 - 20 years exp.

21% hike

Deputy General Manager

9 - 19 years exp.

67% hike

From

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Branch Manager

6 - 18 years exp.

Senior Manager

2 - 20 years exp.

From

View 2 more levels

Branch Manager

6 - 18 years exp.

Regional Head

17 - 21 years exp.

From

View 2 more levels

Branch Manager

6 - 18 years exp.

Associate Head Regional

13 - 22 years exp.

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

Cluster Manager Salary

(4 salaries)

₹5 L/yr - ₹9 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

5.0

Rated by 2 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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Life Branch Manager Salary FAQs

What is the salary of Branch Manager at HDFC Life in Coimbatore?

The average salary of a Branch Manager at HDFC Life in Coimbatore typically ranges from ₹5.8 Lakhs to ₹10.2 Lakhs per year, depending on experience (from 6 years to 18 years).

The top 10% of Branch Manager in Coimbatore at HDFC Life earn more than ₹9.2 Lakhs per year, and the top 1% earn over ₹10.2 Lakhs per year. Branch Manager Salaries at HDFC Life can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ HDFC Life employees in India.

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

The estimated take-home salary of a Branch Manager at HDFC Life in Coimbatore typically ranges from ₹66,765 to ₹68,473 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹10.2 Lakhs per year for employees with experience ranging from 6 years to 18 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Manager at HDFC Life in Coimbatore?

To be a Branch Manager at HDFC Life in Coimbatore, the key skills required include:

- Branch Management
- Life Insurance
- Direct Sales
- Team Management
- Branch Operations

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Life for Branch Manager in India?

City Union Bank	₹8.4 Lakhs to ₹15.0 Lakhs per year
PNB MetLife	₹7.5 Lakhs to ₹11.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Life, depending on the role and experience level.

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

The salary of a Branch Manager at companies similar to HDFC Life in Coimbatore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Health & Allied Insurance	₹6.0 Lakhs to ₹8.0 Lakhs per year
Muthoot Finance	₹2.9 Lakhs to ₹6.2 Lakhs per year
Muthoot Fincorp	₹1.3 Lakhs to ₹4.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Branch Manager at HDFC Life in Coimbatore?

The salary growth for a Branch Manager at HDFC Life in Coimbatore depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Coimbatore can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
6 years	₹7.0 Lakhs to ₹14.6 Lakhs per year
7 years	₹7.0 Lakhs to ₹14.9 Lakhs per year
8 years	₹5.8 Lakhs to ₹15.2 Lakhs per year
9 years	₹3.5 Lakhs to ₹9.0 Lakhs per year

and so on.

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HDFC Life Branch Manager Salaries in Coimbatore

HDFC Life Branch Manager salary in Coimbatore ranges between ₹5.8 Lakhs to ₹10.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 HDFC Life latest salaries received from various employees of HDFC Life.