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

Annual salary range
1 - 5 years exp.
₹1.2 Lakh - ₹4.4 Lakhs
Salary of majority employees
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27% less than the average Business Development Executive Salary in Insurance Companies for 1 - 5 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Business Development Executive Salary
1 - 5 years exp. (10 salaries)
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₹2.6 L/yr - ₹4 L/yr

BFSI, Investments & Trading
Business Development Executive Salary
3 years exp. (AmbitionBox Estimate)
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₹1.3 L/yr - ₹2.7 L/yr

Marketing & Communication
Business Development Executive Salary
2 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹4.4 L/yr

Last Updated: 15 Mar 2025

Companies similar to HDFC Life for Business Development Executive

Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹4.5 L/yr

arrow icon 14% more
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₹2.5 L/yr - ₹6.9 L/yr

arrow icon 83% more
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₹2 L/yr - ₹4.5 L/yr

arrow icon 9% more
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₹1.4 L/yr - ₹4 L/yr

arrow icon 15% less
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₹2.4 L/yr - ₹6 L/yr

arrow icon 45% more
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₹2.4 L/yr - ₹4.1 L/yr

arrow icon 25% more
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₹1.2 L/yr - ₹4.7 L/yr

arrow icon 16% more
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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 1% more
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₹1.8 L/yr - ₹4.8 L/yr

arrow icon 10% more
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₹2.7 L/yr - ₹5 L/yr

arrow icon 14% more
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₹2 L/yr - ₹3.8 L/yr

arrow icon 5% less
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₹2 L/yr - ₹6 L/yr

arrow icon 13% more
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₹2 L/yr - ₹3.1 L/yr

arrow icon 9% more
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₹8.1 L/yr - ₹12.5 L/yr

arrow icon 208% more
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₹1.2 L/yr - ₹13.8 L/yr

arrow icon 110% more
Business Development Executive salary at HDFC Life ranges between ₹1.2 Lakh to ₹4.4 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 20 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Business Development Executive

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Experience wise HDFC Life Business Development Executive salaries

Last Updated: 15 Mar 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹2.2 L/yr - ₹3.5 L/yr
2 years  (8 salaries)

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₹1.2 L/yr - ₹4.4 L/yr
3 years  (6 salaries)

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₹1.3 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹3.5 L/yr

Similar Designation salaries in HDFC Life

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₹4 L/yr - ₹5.5 L/yr
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₹2.05 L/yr - ₹3.5 L/yr
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₹2.3 L/yr - ₹8 L/yr
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₹1.8 L/yr - ₹2.3 L/yr
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₹1.8 L/yr - ₹5 L/yr
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₹2.2 L/yr - ₹2.6 L/yr
Inside Sales Executive Salary
(AmbitionBox Estimate)
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₹31.1 L/yr - ₹39.7 L/yr
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₹2.75 L/yr - ₹2.75 L/yr
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₹1 L/yr - ₹2.5 L/yr
Senior Sales Executive Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr

Top skills at HDFC Life for Business Development Executive

Agency Channel Tied Channel Banking Sales Insurance Sales Agency Sales agency development Agent Recruitment Salesforce Sales Field Sales Financial Services Sales banca sales Key Account Management Financial Services Sales Bfsi Sales

Salary related reviews for HDFC Life

4.8

Rated by 7 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
see more salary related reviews

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HDFC Life Business Development Executive Salary FAQs

What is the salary of Business Development Executive at HDFC Life ?
The average salary of a Business Development Executive at HDFC Life in India typically ranges from ₹1.2 Lakhs to ₹4.4 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Business Development Executive at HDFC Life earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.4 Lakhs per year. Business Development Executive 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 Business Development Executive at HDFC Life in India?
The estimated take-home salary of a Business Development Executive at HDFC Life in India typically ranges from ₹20,368 to ₹22,026 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹4.4 Lakhs per year for employees with experience ranging from 1 year to 5 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 Business Development Executive at HDFC Life ?
To be a Business Development Executive at HDFC Life in india, the key skills required include:

  • - Agency Channel
  • - Tied Channel
  • - Banking Sales
  • - Insurance Sales
  • - Agency Sales

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 Business Development Executive in India?
The New India Assurance Co. ₹8.1 Lakhs to ₹12.5 Lakhs per year
The Oriental Insurance Co. ₹1.2 Lakhs to ₹13.8 Lakhs per year
ICICI Lombard General Insurance Company ₹2.5 Lakhs to ₹6.9 Lakhs per year
ICICI Prudential Life Insurance ₹2.4 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz Life Insurance ₹2.4 Lakhs to ₹4.1 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 Business Development Executive in companies similar to HDFC Life in India?
The salary of a Business Development Executive at companies similar to HDFC Life in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindara Life Insurance ₹1.2 Lakhs to ₹4.7 Lakhs per year
Axis Max Life Insurance ₹2.7 Lakhs to ₹5.0 Lakhs per year
SBI Life Insurance Company ₹2.0 Lakhs to ₹4.5 Lakhs per year
Life Insurance Corporation of India ₹2.0 Lakhs to ₹6.0 Lakhs per year
HDFC Ergo General Insurance ₹1.8 Lakhs to ₹4.8 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 Business Development Executive at HDFC Life in India?
The salary growth for a Business Development Executive at HDFC Life depends on factors such as experience, performance, and promotions. On average, a Business Development Executive can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
1 year ₹2.2 Lakhs to ₹3.5 Lakhs per year
2 years ₹1.2 Lakhs to ₹4.4 Lakhs per year
3 years ₹1.3 Lakhs to ₹4.0 Lakhs per year
4 years ₹1.1 Lakhs to ₹3.5 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Life Business Development Executive salary in India ranges between ₹1.2 Lakh to ₹4.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 HDFC Life latest salaries received from various employees of HDFC Life.