HDFC Life Business Development Salaries by 7 Employees (Updated 2025)

1 - 5 years exp.

₹2.8 Lakhs - ₹3.8 Lakhs

Low Confidence

Salary of majority employees

56% less than the average Business Development Salary in Insurance Companies for 1 - 5 years of experience

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Last Updated: 20 Apr 2024

Companies similar to HDFC Life for Business Development

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Business Development Salary 1 year exp. (3 salaries)	₹3.4 L/yr - ₹4.3 L/yr 30% more
SBI Life Insurance Company Business Development Salary 0 - 4 years exp. (6 salaries)	₹2.4 L/yr - ₹4.6 L/yr 14% more
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Max Life Insurance Business Development Salary 3 years exp. (4 salaries)	₹0.3 L/yr - ₹6 L/yr 3% more
Kotak Mahindara Life Insurance Business Development Salary 15 years exp. (4 salaries)	₹3.5 L/yr - ₹21 L/yr 169% more
Bajaj Allianz Life Insurance Business Development Salary 1 year exp. (4 salaries)	₹3.8 L/yr - ₹5.3 L/yr 60% more
ICICI Lombard General Insurance Company Business Development Salary 1 - 10 years exp. (4 salaries)	₹5.5 L/yr - ₹24 L/yr 393% more

Business Development salary at HDFC Life ranges between ₹2.8 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Business Development salaries

Last Updated: 20 Apr 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹5.5 L/yr
2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr
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3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.3 L/yr

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Salary related reviews for HDFC Life

2.9

Rated by 5 employees for salary & benefits

Business Development in Bangalore / Bengaluru

BFSI, Investments & Trading Department

4.0

• posted on 10 Apr 2021

2.0

for Salary and Benefits

Likes

...Recognition and promotion depends on the ratings u achieve here. Overall good.. Package wise very least package across insurance industry.. Less career growth

Skill development - Good

+1 more

Dislikes

Less career growth..

Salary - Poor

+1 more

Senior Corporate Agency Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 08 Nov 2024

4.0

for Salary and Benefits

Likes

Skill development is good more knowledge we gets about product clearly

Salary - Good

+3 more

Dislikes

...nsent about the employee only they listen what our bosses say not to employees, Higher New employees giving higher designation and salary hike instade of give to our old employees

Promotions - Bad

+2 more

Senior Corporate Agency Manager in Mumbai

Full Time

Other Department

1.0

• posted on 14 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing to like, people keep on absconding, due to no work life balance, irrelevant pressure.

Dislikes

...cy, rejected leaves at last moment even after informing manager 2 months before. * No job security, Manager always ask to resign in front of everyone in team meetings * Bullying regarding salary infront of colleagues, as if paying my salary from their own pocket *

Salary - Poor

+6 more

Manager- Corporate Sales in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Oct 2024

2.0

for Salary and Benefits

Dislikes

All Saturday are working so no work life balance. Saturday Sunday meetings held my management Not easily give leave Sometime if manager is not agree than emp have to mark loss of pay but they not approve leave Zero work life balance

Salary - Poor

+6 more

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

see more salary related reviews

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Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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HDFC Life Business Development Salary FAQs

What is the salary of Business Development at HDFC Life?

Business Development salary at HDFC Life in India ranges between ₹2.8 Lakhs to ₹3.8 Lakhs for experience between 1 years to 5 years. According to our estimates it is 56% less than the average Business Development Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life India.

How does the salary of a Business Development at HDFC Life India compare with the average salary range for this job?

The average salary of a Business Development at HDFC Life is 56% less than the average salary of a Business Development in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Business Development in India?

ICICI Lombard General Insurance Company Business Development Salary - ₹5.5 Lakhs to ₹24.0 Lakhs per year
Kotak Mahindara Life Insurance Business Development Salary - ₹3.5 Lakhs to ₹21.0 Lakhs per year
Bajaj Allianz Life Insurance Business Development Salary - ₹3.8 Lakhs to ₹5.3 Lakhs per year
ICICI Prudential Life Insurance Business Development Salary - ₹3.4 Lakhs to ₹4.3 Lakhs per year
SBI Life Insurance Company Business Development Salary - ₹2.4 Lakhs to ₹4.6 Lakhs per year

What is the salary of a Business Development in companies similar to HDFC Life in India?

Max Life Insurance Business Development Salary - ₹0.3 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Business Development at HDFC Life in India?

The estimated take-home salary of a Business Development at HDFC Life ranges between ₹21,405 per month to ₹23,047 per month in India. The take-home salary calculation is based on the average HDFC Life Business Development salary in India which ranges between ₹2.8 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Business Development at HDFC Life?

According to AmbitionBox, 100% of the HDFC Life Business Developments reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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HDFC Life Business Development Salaries

HDFC Life Business Development salary in India ranges between ₹2.8 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDFC Life latest salaries received from various employees of HDFC Life.