HDFC Life Indore Branch Manager Salaries by 10 Employees (Updated 2025)

7 - 12 years exp.

₹6.5 Lakhs - ₹10.3 Lakhs

Salary of majority employees

11% less than the average Branch Manager Salary in Insurance Companies for 7 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 7 - 11 years exp. (5 salaries)	₹8 L/yr - ₹10.2 L/yr
Marketing & Communication Branch Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹10.3 L/yr
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Customer Success, Service & Operations Branch Manager Salary 12 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹10.2 L/yr
Sales & Business Development Branch Manager Salary 9 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹9.6 L/yr

Last Updated: 29 Aug 2024

Companies similar to HDFC Life for Branch Manager in Indore

HDFC Life Branch Manager Salary

7 - 12 years exp. (10 salaries)

₹6.5 L/yr - ₹10.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Max Life Insurance Branch Manager Salary 11 - 18 years exp. (3 salaries)	₹10.1 L/yr - ₹11.6 L/yr 15% more	1 job opening
Tata AIA Life Insurance Branch Manager Salary 11 - 18 years exp. (4 salaries)	₹7 L/yr - ₹14 L/yr 31% more	21 job openings
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HDFC Ergo General Insurance Branch Manager Salary 9 - 16 years exp. (10 salaries)	₹6 L/yr - ₹11 L/yr 1% less
The New India Assurance Co. Branch Manager Salary 9 - 10 years exp. (5 salaries)	₹14 L/yr - ₹18.5 L/yr 74% more
Care Health Insurance Branch Manager Salary 8 - 16 years exp. (4 salaries)	₹4.2 L/yr - ₹6.5 L/yr 40% less	1 job opening

Branch Manager salary at HDFC Life ranges between ₹6.5 Lakhs to ₹10.3 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 10 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Branch Manager salaries in Indore

Last Updated: 29 Aug 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹14.9 L/yr
8 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹15.2 L/yr
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9 years (3 salaries)	₹7 L/yr - ₹10.3 L/yr
10 years (AmbitionBox Estimate)	₹7 L/yr - ₹9.4 L/yr
11 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
12 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹16.4 L/yr

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From

Branch Manager

₹

Lakhs/yr

6 - 17 years exp.

Regional Head

₹

Lakhs/yr

17 - 21 years exp.

Branch Manager 6 - 17 years exp.

Senior Branch Manager 10 - 20 years exp.

24% hike

Deputy General Manager 9 - 19 years exp.

68% hike

From

2 more levels

Branch Manager

6 - 17 years exp.

General Manager

10 - 24 years exp.

Similar Designation salaries in HDFC Life

Senior Corporate Sales Manager Salary

(9 salaries)

₹6.5 L/yr - ₹12.09 L/yr

Senior Relationship Manager Salary

(4 salaries)

₹3.45 L/yr - ₹4.5 L/yr

Cluster Manager Salary

(4 salaries)

₹7 L/yr - ₹10.89 L/yr

Associate Circle Head Salary

(4 salaries)

₹6.5 L/yr - ₹11.56 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

3.2

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.

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.

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

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.

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.

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.

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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 Indore?

Branch Manager salary at HDFC Life in Indore ranges between ₹6.5 Lakhs to ₹10.3 Lakhs for experience between 7 years to 12 years. According to our estimates it is 11% less than the average Branch Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of HDFC Life Indore.

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

The average salary of a Branch Manager at HDFC Life is 11% less than the average salary of a Branch Manager in Indore. 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 Indore.

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

The New India Assurance Co. Branch Manager Salary - ₹14.0 Lakhs to ₹18.5 Lakhs per year
Tata AIA Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
Max Life Insurance Branch Manager Salary - ₹10.1 Lakhs to ₹11.6 Lakhs per year

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

HDFC Ergo General Insurance Branch Manager Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
Care Health Insurance Branch Manager Salary - ₹4.2 Lakhs to ₹6.5 Lakhs per year

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

The estimated take-home salary of a Branch Manager at HDFC Life ranges between ₹65,771 per month to ₹67,451 per month in Indore. The take-home salary calculation is based on the average HDFC Life Branch Manager salary in India which ranges between ₹6.5 Lakhs to ₹10.3 Lakhs per year for employees with experience between 7 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the HDFC Life Branch Managers in Indore reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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HDFC Life Branch Manager Salaries in Indore

HDFC Life Branch Manager salary in Indore ranges between ₹6.5 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 HDFC Life latest salaries received from various employees of HDFC Life.