HDFC Life Branch Sales Manager Salaries by 40+ Employees (Updated 2025)

6 - 12 years exp.

₹5 Lakhs - ₹10.5 Lakhs

Salary of majority employees

6% more than the average Branch Sales Manager Salary in Insurance Companies for 6 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Sales Manager Salary 6 - 12 years exp. (16 salaries)	₹6.2 L/yr - ₹9 L/yr
Sales & Business Development Branch Sales Manager Salary 6 - 12 years exp. (15 salaries)	₹6.3 L/yr - ₹8 L/yr
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Customer Success, Service & Operations Branch Sales Manager Salary 6 - 10 years exp. (3 salaries)	₹6.8 L/yr - ₹10.5 L/yr

Last Updated: 13 Feb 2025

Companies similar to HDFC Life for Branch Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Sales Manager Salary 0 - 12 years exp. (9 salaries)	₹4.8 L/yr - ₹11.8 L/yr 3% less
SBI Life Insurance Company Branch Sales Manager Salary 6 - 20 years exp. (26 salaries)	₹5 L/yr - ₹14.3 L/yr 22% more
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Max Life Insurance Branch Sales Manager Salary 10 - 15 years exp. (6 salaries)	₹6 L/yr - ₹11 L/yr 9% more
Bajaj Allianz Life Insurance Branch Sales Manager Salary 2 - 11 years exp. (185 salaries)	₹2.6 L/yr - ₹6.2 L/yr 41% less
Kotak Mahindara Life Insurance Branch Sales Manager Salary 0 - 8 years exp. (14 salaries)	₹3 L/yr - ₹7 L/yr 45% less	1 job opening
Tata AIA Life Insurance Branch Sales Manager Salary 1 - 9 years exp. (34 salaries)	₹4 L/yr - ₹8.2 L/yr 9% less	1 job opening
Reliance Nippon Life Insurance Branch Sales Manager Salary 0 - 10 years exp. (16 salaries)	₹2.3 L/yr - ₹7 L/yr 47% less
HDFC Ergo General Insurance Branch Sales Manager Salary 4 - 18 years exp. (5 salaries)	₹3.7 L/yr - ₹11 L/yr 5% less
ICICI Lombard General Insurance Company Branch Sales Manager Salary 9 - 16 years exp. (7 salaries)	₹5.6 L/yr - ₹12 L/yr 9% more
Aditya Birla Sun Life Insurance Branch Sales Manager Salary 4 - 9 years exp. (4 salaries)	₹2.4 L/yr - ₹8.5 L/yr 37% less
PNB MetLife Branch Sales Manager Salary 5 - 15 years exp. (4 salaries)	₹6.3 L/yr - ₹8 L/yr 5% less
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Star Health & Allied Insurance Branch Sales Manager Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹7 L/yr 49% less
Shriram Life Insurance Branch Sales Manager Salary 5 - 8 years exp. (3 salaries)	₹2.5 L/yr - ₹2.8 L/yr 64% less

Branch Sales Manager salary at HDFC Life ranges between ₹5 Lakhs to ₹10.5 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 40 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Branch Sales Manager salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
6 years (8 salaries)	₹5 L/yr - ₹7.8 L/yr
7 years (8 salaries)	₹6.2 L/yr - ₹9 L/yr
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8 years (8 salaries)	₹6.1 L/yr - ₹8.2 L/yr
9 years (6 salaries)	₹6.9 L/yr - ₹8 L/yr
10 years (5 salaries)	₹6.8 L/yr - ₹10.5 L/yr
11 years (3 salaries)	₹6.3 L/yr - ₹8 L/yr
12 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹8 L/yr

View all

Similar Designation salaries in HDFC Life

Area Sales Manager Salary

(42 salaries)

₹2 L/yr - ₹8 L/yr

Senior Sales Manager Salary

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Branch Manager Salary

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Sales Manager Salary

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₹1.55 L/yr - ₹7.5 L/yr

Assistant Sales Manager Salary

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₹2.5 L/yr - ₹5.6 L/yr

Area Manager Salary

(26 salaries)

₹3.2 L/yr - ₹12.6 L/yr

Business Manager Salary

(10 salaries)

₹2.35 L/yr - ₹8.1 L/yr

Senior Branch Manager Salary

(83 salaries)

₹7.8 L/yr - ₹14.8 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹25.2 L/yr - ₹32.2 L/yr

Branch Head Salary

(151 salaries)

₹5.6 L/yr - ₹12 L/yr

Top skills at HDFC Life for Branch Sales Manager

Life Insurance General Insurance Bancassurance Insurance Sales Sales Management Banking Branch Sales Mutual Funds Sales

Salary related reviews for HDFC Life

4.3

Rated by 11 employees for salary & benefits

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

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Oct 2023

3.0

for Salary and Benefits

Likes

Already they are top in insurance sector so people know about this company that's good part.

Dislikes

...se that's why they are doing insurance these are the facts they take advantage In small salary package thier expectation is more than crore For a freshers Or 2 years experience not good place to work You have to travel every single day like a horse (on your money) Many more people don't share because they sacred if they share they can't get job because these people leaves and they go to another company so it's like round like earth anyone can meet anywhere In 100 people only will success 2

Skill development - Poor

+5 more

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

Flexibility of work from home.

Job security - Good

Dislikes

...nt is not supportive and the way they communicate with lower levels is terrible. Salary structure is horrible and shift hours are expected for 12 to 14 hrs a day

Salary - Bad

+5 more

Deputy Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Aug 2023

2.0

for Salary and Benefits

Dislikes

... Saturday and Sunday off as they have mentioned holiday at the time of joining. Also I feel there is discrimination in salary increament policy and working time among employees.

Salary - Poor

+3 more

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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HDFC Life Branch Sales Manager Salary FAQs

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

Branch Sales Manager salary at HDFC Life in India ranges between ₹5.0 Lakhs to ₹10.5 Lakhs for experience between 6 years to 12 years. According to our estimates it is 6% more than the average Branch Sales Manager Salary in India. Salary estimates are based on 40 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Branch Sales Manager at HDFC Life is 6% more than the average salary of a Branch Sales Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Sales Manager at HDFC Life?

Life Insurance, General Insurance, Bancassurance, Insurance Sales and Sales Management are some of the popular skills required to work as a Branch Sales Manager at HDFC Life India.

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

SBI Life Insurance Company Branch Sales Manager Salary - ₹5.0 Lakhs to ₹14.3 Lakhs per year
Max Life Insurance Branch Sales Manager Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
ICICI Lombard General Insurance Company Branch Sales Manager Salary - ₹5.6 Lakhs to ₹12.0 Lakhs per year

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

ICICI Prudential Life Insurance Branch Sales Manager Salary - ₹4.8 Lakhs to ₹11.8 Lakhs per year
HDFC Ergo General Insurance Branch Sales Manager Salary - ₹3.7 Lakhs to ₹11.0 Lakhs per year
PNB MetLife Branch Sales Manager Salary - ₹6.3 Lakhs to ₹8.0 Lakhs per year
Tata AIA Life Insurance Branch Sales Manager Salary - ₹4.0 Lakhs to ₹8.2 Lakhs per year
Aditya Birla Sun Life Insurance Branch Sales Manager Salary - ₹2.4 Lakhs to ₹8.5 Lakhs per year

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

The estimated take-home salary of a Branch Sales Manager at HDFC Life ranges between ₹54,518 per month to ₹55,879 per month in India. The take-home salary calculation is based on the average HDFC Life Branch Sales Manager salary in India which ranges between ₹5.0 Lakhs to ₹10.5 Lakhs per year for employees with experience between 6 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 41% of the HDFC Life Branch Sales Managers reported a notice period of 1 Month, 41% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 44 responses on AmbitionBox in last 2 years.

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HDFC Life Branch Sales Manager Salaries

HDFC Life Branch Sales Manager salary in India ranges between ₹5 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 HDFC Life latest salaries received from various employees of HDFC Life.