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HDFC Life Business Development Manager and Team Lead salaries in India (Updated 2025)

Annual salary range
0 - 5 years exp.
₹2.5 Lakhs - ₹3.8 Lakhs
Salary of majority employees
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50% less than the average Business Development Manager and Team Lead Salary in Insurance Companies for 0 - 5 years of experience

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Last Updated: 4 Jan 2025

Companies similar to HDFC Life for Business Development Manager and Team Lead

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₹2.8 L/yr - ₹6 L/yr

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₹3 L/yr - ₹5.5 L/yr

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Business Development Manager and Team Lead salary at HDFC Life ranges between ₹2.5 Lakhs to ₹3.8 Lakhs per year for employees with less than 1 year of experience 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 Manager and Team Lead

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Experience wise HDFC Life Business Development Manager and Team Lead salaries

Last Updated: 4 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.2 L/yr
1 year  (3 salaries)

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₹2.5 L/yr - ₹5.7 L/yr
2 years  (5 salaries)

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₹2.8 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹3.8 L/yr
4 years  (3 salaries)

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₹3.2 L/yr - ₹3.4 L/yr
View all

Salary related reviews for HDFC Life

4.3

Rated by 12 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 28 Feb 2025

3.0
 for  Salary and Benefits

Likes

In HDFC Life There is time to work life balance. There is no more such pressure about Targets (Depends upon L1 Manager). The brand value is easy to convert among competitors.

read more
  • Job security - Excellent
  • +3 more

Dislikes

Salary is very low which is mentioned in payslip. Even HR also didn't know about employees salary. HR department is very week and they didn't care about employees. Very worst department in HDFC LIFE.

read more

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 09 Feb 2025

4.0
 for  Salary and Benefits

Likes

Salary credited process is very good Working culture is Average good

  • Salary - Good
  • +1 more

Dislikes

HR is very irresponsible or no one Hr's not responding any reply by call or emails, they ignoring all employees calls, messages and emails...

read more
  • Job security - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 27 Jan 2025

1.0
 for  Salary and Benefits

Likes

There is nothing to like about this company

Dislikes

HDFC Life primarily exploits its employees by imposing excessive work pressure and making unnecessary salary deductions. They promise promotions twice a year, but these commitments are often ignored due to office politics. There is a notable lack of job security, and the company does not provide any training during the induction process. Employees are expected to perform tasks without proper guidance. The company culture is poor; it relies solely on its brand name while subjecting employees to undue stress. There is a lack of transparency regarding targets and achievements, leading to significant mental pressure. As a result, the work-life balance is severely affected, and most employees do not feel valued in this environment.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Other Department

3.0
  •  posted on 07 Dec 2024

1.0
 for  Salary and Benefits

Likes

Nothing great to vouch for, strong in processes only for front line people. HDFC. Salary will br creditrd on time just like other big corporates

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Dislikes

No work life balance and respect, tremendous pressure.. Should do work like robot. For managers rules will be bent, for front line employees they will be very rigid with rules. Double standards

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  • Salary - Bad
  • +2 more
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HDFC Life Business Development Manager and Team Lead Salary FAQs

What is the salary of Business Development Manager and Team Lead at HDFC Life?
Business Development Manager and Team Lead salary at HDFC Life in India ranges between ₹2.5 Lakhs to ₹3.8 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 50% less than the average Business Development Manager and Team Lead Salary in India. Salary estimates are based on 20 latest salaries received from various employees of HDFC Life India.
How does the salary of a Business Development Manager and Team Lead at HDFC Life India compare with the average salary range for this job?
The average salary of a Business Development Manager and Team Lead at HDFC Life is 50% less than the average salary of a Business Development Manager and Team Lead in India. To know exact salary insights, login to view.
Which similar companies are paying more than HDFC Life to a Business Development Manager and Team Lead in India?
  • BYJU'S Business Development Manager and Team Lead Salary - ₹9.8 Lakhs to ₹14.2 Lakhs per year
  • SBI Life Insurance Company Business Development Manager and Team Lead Salary - ₹2.8 Lakhs to ₹6.0 Lakhs per year
  • Max Life Insurance Business Development Manager and Team Lead Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year
  • Bajaj Allianz Life Insurance Business Development Manager and Team Lead Salary - ₹4.0 Lakhs to ₹4.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Business Development Manager and Team Lead Salary - ₹3.7 Lakhs to ₹4.2 Lakhs per year
What is the estimated take home salary of a Business Development Manager and Team Lead at HDFC Life in India?
The estimated take-home salary of a Business Development Manager and Team Lead at HDFC Life ranges between ₹24,017 per month to ₹25,470 per month in India. The take-home salary calculation is based on the average HDFC Life Business Development Manager and Team Lead salary in India which ranges between ₹2.5 Lakhs to ₹3.8 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

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HDFC Life Business Development Manager and Team Lead salary in India ranges between ₹2.5 Lakhs to ₹3.8 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.