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HDFC Life Business Development Associate salaries in India (Updated 2025)

Annual salary range
0 - 6 years exp.
₹2.3 Lakhs - ₹8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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13% less than the average Business Development Associate Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Marketing & Communication
Business Development Associate Salary
5 years exp. (AmbitionBox Estimate)
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₹7.2 L/yr - ₹8.8 L/yr

Sales & Business Development
Business Development Associate Salary
1 year exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 25 Feb 2025

Companies similar to HDFC Life for Business Development Associate

Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹4.7 L/yr

arrow icon 17% less
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₹2.3 L/yr - ₹4.5 L/yr

arrow icon 28% less
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₹3.5 L/yr - ₹4.9 L/yr

arrow icon 8% less
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₹4 L/yr - ₹11 L/yr

arrow icon 22% more
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₹2.5 L/yr - ₹5 L/yr

arrow icon 13% less
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₹2.5 L/yr - ₹4.7 L/yr

arrow icon 19% less
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₹2.1 L/yr - ₹3 L/yr

arrow icon 48% less

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Business Development Associate salary at HDFC Life ranges between ₹2.3 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Business Development Associate

3d ago
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5 years exp.
8mo ago
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1 year exp.
1y ago
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6 years exp.

Experience wise HDFC Life Business Development Associate salaries

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.3 L/yr - ₹7 L/yr
1 year (AmbitionBox Estimate)

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₹3.5 L/yr - ₹7.5 L/yr
2 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹7 L/yr
3 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
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Similar Designation salaries in HDFC Life

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₹2.05 L/yr - ₹3.5 L/yr
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₹1.5 L/yr - ₹5 L/yr
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₹1.2 L/yr - ₹4.4 L/yr
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₹1.8 L/yr - ₹2.3 L/yr
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₹4 L/yr - ₹5.5 L/yr
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₹2.75 L/yr - ₹2.75 L/yr
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₹2.2 L/yr - ₹2.6 L/yr
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₹3.2 L/yr - ₹12 L/yr
Sales Associate Salary
(AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr
Inside Sales Executive Salary
(AmbitionBox Estimate)
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₹31.1 L/yr - ₹39.7 L/yr

Salary related reviews for HDFC Life

1.0

Rated by 1 employees for salary & benefits

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

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 26 Jan 2023

4.0
 for  Salary and Benefits

Likes

I like work atmosphere with relative co-employee and higher s mainly learning skills and developing of my work and working times .everything is going well here very good job for employees, growth levels also very nice..

read more
  • Salary - Good
  • +5 more

Dislikes

I'm unsatisfied with my salary and I got work pressure a lot .

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 28 Nov 2022

3.0
 for  Salary and Benefits

Likes

I just simply love the company, be it work culture, sales incentives, or training and they are always open to feedback and suggestion. I learned a lot in HDFC life.

read more
  • Skill development - Good
  • +5 more

Dislikes

I was not satisfied with my salary, I was asked for my salary at the time of the interview and I told them 25000 pm. I was hired and when I got my first salary it was 170000 which was really heartbreaking.

read more
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HDFC Life Business Development Associate Salary FAQs

What is the salary of Business Development Associate at HDFC Life?
Business Development Associate salary at HDFC Life in India ranges between ₹2.3 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 13% less than the average Business Development Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life India.
How does the salary of a Business Development Associate at HDFC Life India compare with the average salary range for this job?
The average salary of a Business Development Associate at HDFC Life is 13% less than the average salary of a Business Development Associate in India. To know exact salary insights, login to view.
Which similar companies are paying more than HDFC Life to a Business Development Associate in India?
  • Kotak Mahindara Life Insurance Business Development Associate Salary - ₹4.0 Lakhs to ₹11.0 Lakhs per year
What is the salary of a Business Development Associate in companies similar to HDFC Life in India?
  • Max Life Insurance Business Development Associate Salary - ₹3.5 Lakhs to ₹4.9 Lakhs per year
  • Tata AIA Life Insurance Business Development Associate Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
  • ICICI Prudential Life Insurance Business Development Associate Salary - ₹3.0 Lakhs to ₹4.7 Lakhs per year
  • ICICI Lombard General Insurance Company Business Development Associate Salary - ₹2.5 Lakhs to ₹4.7 Lakhs per year
  • SBI Life Insurance Company Business Development Associate Salary - ₹2.3 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Business Development Associate at HDFC Life in India?
The estimated take-home salary of a Business Development Associate at HDFC Life ranges between ₹35,955 per month to ₹37,180 per month in India. The take-home salary calculation is based on the average HDFC Life Business Development Associate salary in India which ranges between ₹2.3 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Business Development Associate at HDFC Life?
According to AmbitionBox, 50% of the HDFC Life Business Development Associates reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Business Development Associate salary in India ranges between ₹2.3 Lakhs to ₹8 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.