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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 - ₹9.8 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 41% more
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₹5.4 L/yr - ₹9.4 L/yr

arrow icon 18% less
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₹7.5 L/yr - ₹12 L/yr

At par
3 job openings
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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 11% more
4 job openings
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₹6 L/yr - ₹11.5 L/yr

arrow icon 3% less
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₹8.9 L/yr - ₹11.5 L/yr

arrow icon 14% more
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PNB MetLife Branch Manager Salary

10 - 12 years exp. (4 salaries)

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₹9.5 L/yr - ₹11 L/yr

arrow icon 8% more
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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 35% more
13 job openings
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.
1y ago
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7 years exp.
1y ago
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9 years exp.
1y ago
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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.

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.

General Manager

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10 - 24 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 21% hike

Deputy General Manager

9 - 19 years exp.
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arrow icon 67% hike

From

To

Branch Manager

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6 - 18 years exp.

Senior Manager

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2 - 20 years exp.

From

To

Branch Manager

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6 - 18 years exp.

Regional Head

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17 - 21 years exp.

From

To

Branch Manager

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6 - 18 years exp.

Associate Head Regional

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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

Sales Manager Salary
(58 salaries)
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₹2.2 L/yr - ₹7 L/yr
Deputy Manager Salary
(17 salaries)
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₹4.5 L/yr - ₹11.5 L/yr
Chief Manager Salary
(7 salaries)
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₹19 L/yr - ₹27 L/yr
Branch Head Salary
(6 salaries)
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₹7.2 L/yr - ₹10 L/yr
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₹8 L/yr - ₹11.75 L/yr
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₹4.82 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

read more
  • 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

read more

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.

read more
  • 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 in Pune?
The average salary of a Branch Manager at HDFC Life in Pune typically ranges from ₹5.3 Lakhs to ₹10.8 Lakhs per year, depending on experience (from 6 years to 18 years).

The top 10% of Branch Manager in Pune at HDFC Life earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.8 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 20+ HDFC Life employees in India.
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 in Pune typically ranges from ₹65,884 to ₹67,568 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹10.8 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 20+ 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 Pune?
To be a Branch Manager at HDFC Life in Pune, 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?
ICICI Prudential Life Insurance ₹8.0 Lakhs to ₹17.0 Lakhs per year
Tata AIA Life Insurance ₹7.5 Lakhs to ₹13.8 Lakhs per year
HDFC Ergo General Insurance ₹8.9 Lakhs to ₹11.5 Lakhs per year
Axis Max Life Insurance ₹8.5 Lakhs to ₹11.0 Lakhs per year
PNB MetLife ₹9.5 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 Pune?
The salary of a Branch Manager at companies similar to HDFC Life in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company ₹7.5 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindara Life Insurance ₹6.0 Lakhs to ₹11.5 Lakhs per year
Star Health & Allied Insurance ₹5.4 Lakhs to ₹9.4 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 Pune?
The salary growth for a Branch Manager at HDFC Life in Pune depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Pune can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
6 years ₹6.5 Lakhs to ₹10.0 Lakhs per year
7 years ₹5.3 Lakhs to ₹14.7 Lakhs per year
8 years ₹7.9 Lakhs to ₹15.0 Lakhs per year
9 years ₹7.5 Lakhs to ₹15.3 Lakhs per year
and so on.

Tell us how to improve this page.

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.