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HDFC Life Business Development Manager salaries in Bangalore / Bengaluru

Annual salary range
0 - 9 years exp.
₹1.8 Lakh - ₹5 Lakhs
Salary of majority employees
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50% less than the average Business Development Manager Salary in Insurance Companies for 0 - 9 years of experience

Interested in this particular role? 16 job openings

Salaries in different departments

Sales & Business Development
Business Development Manager Salary
0 - 9 years exp. (24 salaries)
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₹1.8 L/yr - ₹4.5 L/yr

Finance & Accounting
Business Development Manager Salary
0 - 7 years exp. (14 salaries)
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₹2.4 L/yr - ₹5 L/yr

BFSI, Investments & Trading
Business Development Manager Salary
3 - 7 years exp. (8 salaries)
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₹2.2 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Business Development Manager Salary
1 - 6 years exp. (6 salaries)
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₹2.4 L/yr - ₹3.9 L/yr

Marketing & Communication
Business Development Manager Salary
2 - 6 years exp. (5 salaries)
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₹3 L/yr - ₹3.9 L/yr

Last Updated: 21 Feb 2025

Companies similar to HDFC Life for Business Development Manager in Bangalore / Bengaluru

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HDFC Life Business Development Manager Salary

0 - 9 years exp. (88 salaries)

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₹1.8 L/yr - ₹5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.7 L/yr - ₹6.5 L/yr

arrow icon 34% more
1 job opening
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₹4 L/yr - ₹7 L/yr

arrow icon 40% more
6 job openings
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₹3.5 L/yr - ₹4.4 L/yr

arrow icon 11% more
3 job openings
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₹3 L/yr - ₹3.8 L/yr

arrow icon 10% less
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₹4.1 L/yr - ₹5 L/yr

arrow icon 14% more
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₹1.1 L/yr - ₹8.8 L/yr

arrow icon 8% more
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₹2.2 L/yr - ₹8.9 L/yr

arrow icon 40% more
2 job openings
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₹2 L/yr - ₹7.2 L/yr

arrow icon 11% less
Business Development Manager salary at HDFC Life ranges between ₹1.8 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 88 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Business Development Manager in Bangalore / Bengaluru

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Experience wise HDFC Life Business Development Manager salaries in Bangalore / Bengaluru

Last Updated: 21 Feb 2025

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹2.5 L/yr - ₹4 L/yr
1 year  (10 salaries)

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₹2.4 L/yr - ₹4.5 L/yr
2 years  (9 salaries)

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₹2.5 L/yr - ₹4 L/yr
3 years  (20 salaries)

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₹1.8 L/yr - ₹4.1 L/yr
4 years  (13 salaries)

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₹2.4 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in HDFC Life

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₹2.75 L/yr - ₹5.35 L/yr
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₹3.8 L/yr - ₹6.5 L/yr

Top skills at HDFC Life for Business Development Manager

Business Development Management Insurance Sales Agency Sales Agent Recruitment Agency Channel Life Insurance Sales Field Sales Distribution Network bfsi Claim Settlement Insurance Business Development Life Insurance agency development

Salary related reviews for HDFC Life

3.9

Rated by 12 employees for salary & benefits

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.

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  • Work satisfaction - Bad
  • +2 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.

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  • 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.

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Full Time

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Customer Success, Service & Operations Department

5.0
  •  posted on 13 Dec 2022

5.0
 for  Salary and Benefits

Likes

People will say you there's lot of pressure... Well it is true but for those who wait till 31st or 30th just for the salary. Else just complete minimum Target and stay happy

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  • Salary - Excellent
  • +3 more

Dislikes

Sometime especially after COVID the virtual meeting last longer than 4-5 hrs . Unbearable sometimes. Some politics in cabins which is quite common everywhere.

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HDFC Life Business Development Manager Salary FAQs

What is the salary of Business Development Manager at HDFC Life Bangalore / Bengaluru?
Business Development Manager salary at HDFC Life in Bangalore / Bengaluru ranges between ₹1.8 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 50% less than the average Business Development Manager Salary in India. Salary estimates are based on 88 latest salaries received from various employees of HDFC Life Bangalore / Bengaluru.
How does the salary of a Business Development Manager at HDFC Life Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Business Development Manager at HDFC Life is 50% less than the average salary of a Business Development Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.
What are the top skills required to work as a Business Development Manager at HDFC Life?
Business Development Management, Insurance Sales, Agency Sales, Agent Recruitment and Agency Channel are some of the popular skills required to work as a Business Development Manager at HDFC Life Bangalore / Bengaluru.
Which similar companies are paying more than HDFC Life to a Business Development Manager in Bangalore / Bengaluru?
  • Kotak Mahindara Life Insurance Business Development Manager Salary - ₹2.2 Lakhs to ₹8.9 Lakhs per year
  • Max Life Insurance Business Development Manager Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
  • SBI Life Insurance Company Business Development Manager Salary - ₹2.7 Lakhs to ₹6.5 Lakhs per year
  • Aditya Birla Sun Life Insurance Business Development Manager Salary - ₹4.1 Lakhs to ₹5.0 Lakhs per year
  • Bajaj Allianz Life Insurance Business Development Manager Salary - ₹3.5 Lakhs to ₹4.4 Lakhs per year
What is the salary of a Business Development Manager in companies similar to HDFC Life in Bangalore / Bengaluru?
  • ICICI Lombard General Insurance Company Business Development Manager Salary - ₹1.1 Lakhs to ₹8.8 Lakhs per year
  • Tata AIA Life Insurance Business Development Manager Salary - ₹3.0 Lakhs to ₹3.8 Lakhs per year
  • Shriram Life Insurance Business Development Manager Salary - ₹2.0 Lakhs to ₹7.2 Lakhs per year
What is the estimated take home salary of a Business Development Manager at HDFC Life in Bangalore / Bengaluru?
The estimated take-home salary of a Business Development Manager at HDFC Life ranges between ₹27,771 per month to ₹29,168 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average HDFC Life Business Development Manager salary in India which ranges between ₹1.8 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?
What is the notice period for Business Development Manager at HDFC Life in Bangalore / Bengaluru?
According to AmbitionBox, 51% of the HDFC Life Business Development Managers in Bangalore / Bengaluru reported a notice period of 15 days or less, 38% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 37 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Business Development Manager salary in Bangalore / Bengaluru ranges between ₹1.8 Lakh to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 88 HDFC Life latest salaries received from various employees of HDFC Life.