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HDFC Life Branch Manager salaries in Pune

Annual salary range
6 - 18 years exp.
₹5.3 Lakhs - ₹10.8 Lakhs
Salary of majority employees
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11% less 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. (15 salaries)
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₹5.3 L/yr - ₹10.8 L/yr

Sales & Business Development
Branch Manager Salary
6 - 13 years exp. (7 salaries)
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₹6.5 L/yr - ₹9.7 L/yr

Last Updated: 27 Dec 2024

Companies similar to HDFC Life for Branch Manager in Pune

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HDFC Life Branch Manager Salary

6 - 18 years exp. (24 salaries)

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₹5.3 L/yr - ₹10.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹8 L/yr - ₹17 L/yr

arrow icon 37% more
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Axis Max Life Insurance Branch Manager Salary

9 - 16 years exp. (9 salaries)

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₹8.5 L/yr - ₹11 L/yr

arrow icon 14% more
3 job openings
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₹6 L/yr - ₹9.7 L/yr

arrow icon 4% less
2 job openings
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Tata AIA Life Insurance Branch Manager Salary

12 - 16 years exp. (3 salaries)

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₹7.5 L/yr - ₹13.8 L/yr

arrow icon 36% more
18 job openings
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₹7.5 L/yr - ₹12 L/yr

arrow icon 6% more
3 job openings
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₹5.4 L/yr - ₹9.4 L/yr

arrow icon 15% less
1 job opening
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₹8.9 L/yr - ₹11.5 L/yr

arrow icon 2% more
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PNB MetLife Branch Manager Salary

10 - 12 years exp. (4 salaries)

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₹10.5 L/yr - ₹11 L/yr

arrow icon 20% more

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Branch Manager salary at HDFC Life ranges between ₹5.3 Lakhs to ₹10.8 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 24 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Branch Manager in Pune

2mo ago
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11 years exp.
1y ago
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7 years exp.
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7 years exp.
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9 years exp.
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6 years exp.
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18 years exp.
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7 years exp.
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6 years exp.
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12 years exp.
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15 years exp.

Experience wise HDFC Life Branch Manager salaries in Pune

Last Updated: 27 Dec 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹10 L/yr
7 years  (5 salaries)

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₹5.3 L/yr - ₹14.7 L/yr
8 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹15 L/yr
9 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹15.3 L/yr
10 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹15.6 L/yr
View all
HDFC Life Branch Manager Salary and Career Growth

From

To

Branch Manager

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6 - 18 years exp.

Regional Head

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17 - 21 years exp.

Branch Manager 6 - 18 years exp.
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Senior Branch Manager 10 - 20 years exp.
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arrow icon 23% hike
Deputy General Manager 9 - 19 years exp.
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arrow icon 63% hike

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From

2 more levels

To

Branch Manager

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6 - 18 years exp.

General Manager

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10 - 24 years exp.

View 2 more career paths

Similar Designation salaries in HDFC Life

Sales Manager Salary
(60 salaries)
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₹2 L/yr - ₹7 L/yr
Deputy Manager Salary
(18 salaries)
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₹4.5 L/yr - ₹11.5 L/yr
Branch Head Salary
(6 salaries)
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₹7.2 L/yr - ₹10 L/yr
Chief Manager Salary
(6 salaries)
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₹19 L/yr - ₹27 L/yr
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₹8 L/yr - ₹11.75 L/yr
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₹6.5 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

4.4

Rated by 9 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +5 more

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

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  • 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

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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.

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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.

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  • 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.

read more
  • Salary - Bad
  • +4 more

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
  • Work satisfaction - Bad
  • +2 more
see more salary related reviews

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HDFC Life Branch Manager Salary FAQs

What is the salary of Branch Manager at HDFC Life Pune?
Branch Manager salary at HDFC Life in Pune ranges between ₹5.3 Lakhs to ₹10.8 Lakhs for experience between 6 years to 18 years. According to our estimates it is 11% less than the average Branch Manager Salary in India. Salary estimates are based on 24 latest salaries received from various employees of HDFC Life Pune.
How does the salary of a Branch Manager at HDFC Life Pune 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 Pune. 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 Pune.
Which similar companies are paying more than HDFC Life to a Branch Manager in Pune?
  • ICICI Prudential Life Insurance Branch Manager Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year
  • Tata AIA Life Insurance Branch Manager Salary - ₹7.5 Lakhs to ₹13.8 Lakhs per year
  • PNB MetLife Branch Manager Salary - ₹10.5 Lakhs to ₹11.0 Lakhs per year
  • Axis Max Life Insurance Branch Manager Salary - ₹8.5 Lakhs to ₹11.0 Lakhs per year
  • ICICI Lombard General Insurance Company Branch Manager Salary - ₹7.5 Lakhs to ₹12.0 Lakhs per year
What is the salary of a Branch Manager in companies similar to HDFC Life in Pune?
  • HDFC Ergo General Insurance Branch Manager Salary - ₹8.9 Lakhs to ₹11.5 Lakhs per year
  • Kotak Mahindara Life Insurance Branch Manager Salary - ₹6.0 Lakhs to ₹9.7 Lakhs per year
  • Star Health & Allied Insurance Branch Manager Salary - ₹5.4 Lakhs to ₹9.4 Lakhs per year
What is the estimated take home salary of a Branch Manager at HDFC Life in Pune?
The estimated take-home salary of a Branch Manager at HDFC Life ranges between ₹65,561 per month to ₹67,235 per month in Pune. The take-home salary calculation is based on the average HDFC Life Branch Manager salary in India which ranges between ₹5.3 Lakhs to ₹10.8 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 in Pune?
According to AmbitionBox, 50% of the HDFC Life Branch Managers in Pune reported a notice period of 15 days or less, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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HDFC Life Branch Manager salary in Pune ranges between ₹5.3 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 24 HDFC Life latest salaries received from various employees of HDFC Life.