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HDFC Life Branch Sales Manager salaries in Hyderabad / Secunderabad

Annual salary range
6 - 10 years exp.
₹4.8 Lakhs - ₹9 Lakhs
Salary of majority employees
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10% less than the average Branch Sales Manager Salary in Insurance Companies for 6 - 10 years of experience

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Salaries in different departments

Sales & Business Development
Branch Sales Manager Salary
7 - 9 years exp. (3 salaries)
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₹5.8 L/yr - ₹7.2 L/yr

BFSI, Investments & Trading
Branch Sales Manager Salary
6 - 10 years exp. (AmbitionBox Estimate)
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₹6.1 L/yr - ₹9 L/yr

Last Updated: 9 Aug 2024

Companies similar to HDFC Life for Branch Sales Manager in Hyderabad / Secunderabad

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HDFC Life Branch Sales Manager Salary

6 - 10 years exp. (5 salaries)

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₹4.8 L/yr - ₹9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3.6 L/yr - ₹5.2 L/yr

arrow icon 28% less
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ICICI Bank Branch Sales Manager Salary

1 - 14 years exp. (90 salaries)

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₹3.3 L/yr - ₹11.5 L/yr

arrow icon 22% more
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HDFC Bank Branch Sales Manager Salary

4 - 15 years exp. (64 salaries)

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₹3.5 L/yr - ₹11.5 L/yr

arrow icon 26% more
11 job openings
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₹3.6 L/yr - ₹8.6 L/yr

arrow icon 13% more
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SBFC Finance Branch Sales Manager Salary

0 - 9 years exp. (27 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 41% less
12 job openings
Branch Sales Manager salary at HDFC Life ranges between ₹4.8 Lakhs to ₹9 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Branch Sales Manager in Hyderabad / Secunderabad

7mo ago
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9 years exp.
8mo ago
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10 years exp.
1y ago
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8 years exp.
1y ago
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7 years exp.

Experience wise HDFC Life Branch Sales Manager salaries in Hyderabad / Secunderabad

Last Updated: 9 Aug 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹7.8 L/yr
7 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹7.2 L/yr
8 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹7.2 L/yr
9 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹9 L/yr

Similar Designation salaries in HDFC Life

Sales Manager Salary
(80 salaries)
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₹2 L/yr - ₹6.3 L/yr
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₹2.5 L/yr - ₹5.5 L/yr
Branch Manager Salary
(20 salaries)
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₹6 L/yr - ₹11.25 L/yr
Branch Head Salary
(10 salaries)
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₹6.2 L/yr - ₹11.36 L/yr
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₹3 L/yr - ₹6.88 L/yr
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₹8 L/yr - ₹11.55 L/yr
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₹3.5 L/yr - ₹4.25 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

Full Time

 · 

CSR & Social Service Department

4.0
  •  posted on 23 Mar 2025

2.0
 for  Salary and Benefits

Likes

The company has lots of data, They r learning you in first stage and after that they r find a way to indicate you wrongly.

read more
  • Job security - Good

Dislikes

Less salary, no support from trainer, biggest layers, no leaves, no support from L1 and above, no motivation only needed business, so if u r afresher think twice before joining.

read more
  • Salary - Poor

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

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

read more
  • Skill development - Poor
  • +5 more

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.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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HDFC Life Branch Sales Manager Salary FAQs

What is the salary of Branch Sales Manager at HDFC Life in Hyderabad / Secunderabad?
The average salary of a Branch Sales Manager at HDFC Life in Hyderabad / Secunderabad typically ranges from ₹4.8 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Branch Sales Manager in Hyderabad / Secunderabad at HDFC Life earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Branch Sales 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 5 HDFC Life employees in India.
What is the estimated take home salary of a Branch Sales Manager at HDFC Life in Hyderabad / Secunderabad?
The estimated take-home salary of a Branch Sales Manager at HDFC Life in Hyderabad / Secunderabad typically ranges from ₹45,634 to ₹46,716 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 6 years to 10 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 5 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 Sales Manager at HDFC Life in Hyderabad / Secunderabad?
To be a Branch Sales Manager at HDFC Life in Hyderabad / Secunderabad, the key skills required include:

  • - Life Insurance
  • - General Insurance
  • - Bancassurance
  • - Insurance Sales
  • - Sales Management

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 Sales Manager in India?
HDFC Bank ₹3.5 Lakhs to ₹11.5 Lakhs per year
ICICI Bank ₹3.3 Lakhs to ₹11.5 Lakhs per year
Piramal Capital Housing Finance ₹3.6 Lakhs to ₹8.6 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 Sales Manager in companies similar to HDFC Life in Hyderabad / Secunderabad?
The salary of a Branch Sales Manager at companies similar to HDFC Life in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance ₹3.6 Lakhs to ₹5.2 Lakhs per year
SBFC Finance ₹2.0 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 Sales Manager at HDFC Life in Hyderabad / Secunderabad?
The salary growth for a Branch Sales Manager at HDFC Life in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Branch Sales Manager in Hyderabad / Secunderabad can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
6 years ₹2.3 Lakhs to ₹7.8 Lakhs per year
7 years ₹2.4 Lakhs to ₹7.2 Lakhs per year
8 years ₹2.5 Lakhs to ₹7.2 Lakhs per year
9 years ₹2.6 Lakhs to ₹7.2 Lakhs per year
and so on.

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HDFC Life Branch Sales Manager salary in Hyderabad / Secunderabad ranges between ₹4.8 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 HDFC Life latest salaries received from various employees of HDFC Life.