HDFC Life Business Manager Salaries by 10 Employees (Updated 2025)

3 - 13 years exp.

₹2.4 Lakhs - ₹8.1 Lakhs

Low Confidence

Salary of majority employees

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59% less than the average Business Manager Salary in Insurance Companies for 3 - 13 years of experience

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Salaries in different departments

Sales & Business Development Business Manager Salary 5 - 13 years exp. (5 salaries)	Unlock ₹2.4 L/yr - ₹8.1 L/yr
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BFSI, Investments & Trading Business Manager Salary 3 - 10 years exp. (4 salaries)	Unlock ₹3 L/yr - ₹8.1 L/yr

Last Updated: 7 Jan 2025

Companies similar to HDFC Life for Business Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Business Manager Salary 0 - 6 years exp. (8 salaries)	Unlock ₹3.1 L/yr - ₹4 L/yr 16% less
SBI Life Insurance Company Business Manager Salary 5 - 16 years exp. (29 salaries)	Unlock ₹4.4 L/yr - ₹8.5 L/yr 47% more
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Axis Max Life Insurance Business Manager Salary 4 - 10 years exp. (4 salaries)	Unlock ₹3.1 L/yr - ₹6.4 L/yr 3% less
Kotak Mahindara Life Insurance Business Manager Salary 0 - 10 years exp. (4 salaries)	Unlock ₹3.4 L/yr - ₹6.2 L/yr 10% more
Bajaj Allianz Life Insurance Business Manager Salary 7 - 13 years exp. (6 salaries)	Unlock ₹4.5 L/yr - ₹6 L/yr 1% more
Tata AIA Life Insurance Business Manager Salary 4 - 17 years exp. (18 salaries)	Unlock ₹6.5 L/yr - ₹10.6 L/yr 91% more
Aditya Birla Sun Life Insurance Business Manager Salary 11 - 18 years exp. (5 salaries)	Unlock ₹7.9 L/yr - ₹8.3 L/yr 76% more
PNB MetLife Business Manager Salary 3 - 14 years exp. (7 salaries)	Unlock ₹3.5 L/yr - ₹7.5 L/yr 27% more
Shriram Life Insurance Business Manager Salary 0 - 7 years exp. (59 salaries)	Unlock ₹2.2 L/yr - ₹5 L/yr 15% less	1 job opening
ICICI Lombard General Insurance Company Business Manager Salary 3 - 14 years exp. (10 salaries)	Unlock ₹2.3 L/yr - ₹10 L/yr 13% more
SBI General Insurance Business Manager Salary 6 - 14 years exp. (5 salaries)	Unlock ₹4 L/yr - ₹15.1 L/yr 94% more
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Life Insurance Corporation of India Business Manager Salary 0 - 5 years exp. (5 salaries)	Unlock ₹1 L/yr - ₹5.8 L/yr 43% less
HDFC Ergo General Insurance Business Manager Salary 1 - 5 years exp. (3 salaries)	Unlock ₹3.9 L/yr - ₹15 L/yr 114% more

Business Manager salary at HDFC Life ranges between ₹2.4 Lakhs to ₹8.1 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 10 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Business Manager salaries

Last Updated: 7 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹6.9 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹7.2 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹7.4 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹3.8 L/yr - ₹4.9 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹6.5 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹1.9 L/yr - ₹5.3 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹1.9 L/yr - ₹8.1 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹4.4 L/yr - ₹5.6 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹5.8 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹2.1 L/yr - ₹8.1 L/yr

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(268 salaries)

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₹2.4 L/yr - ₹8.5 L/yr

Branch Manager Salary

(270 salaries)

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₹5.25 L/yr - ₹12.5 L/yr

Sales Manager Salary

(709 salaries)

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₹1.55 L/yr - ₹7.5 L/yr

Regional Manager Salary

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₹11.5 L/yr - ₹35.2 L/yr

Store Manager Salary

(AmbitionBox Estimate)

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₹25.2 L/yr - ₹32.2 L/yr

Area Manager Salary

(26 salaries)

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₹3.2 L/yr - ₹12.6 L/yr

Deputy Manager Salary

(821 salaries)

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₹3.5 L/yr - ₹12.5 L/yr

Territory Manager Salary

(229 salaries)

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₹10.9 L/yr - ₹21 L/yr

Area Sales Manager Salary

(42 salaries)

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₹2 L/yr - ₹8 L/yr

Marketing Manager Salary

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₹3.18 L/yr - ₹7.72 L/yr

Top skills at HDFC Life for Business Manager

Marketing Business Intelligence Business Strategy UAT Business Analytics Dashboards Data Analytics Business Excellence Communication Skills QlikView Data Analysis pgdm Performance Monitoring Quantitative Analysis New Product Development

Salary related reviews for HDFC Life

5.0

Rated by 4 employees for salary & benefits

Business Development Manager in Bijnor

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.

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.

Salary - Bad

+4 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

Sales Manager in Mumbai

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

Skill development - Poor

+5 more

Relationship Manager in Bhubaneswar

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.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

Flexibility of work from home.

Job security - Good

Dislikes

...nt is not supportive and the way they communicate with lower levels is terrible. Salary structure is horrible and shift hours are expected for 12 to 14 hrs a day

Salary - Bad

+5 more

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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HDFC Life Business Manager Salary FAQs

What is the salary of Business Manager at HDFC Life?

Business Manager salary at HDFC Life in India ranges between ₹2.4 Lakhs to ₹8.1 Lakhs for experience between 3 years to 13 years. According to our estimates it is 59% less than the average Business Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Business Manager at HDFC Life is 59% less than the average salary of a Business Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Manager at HDFC Life?

Marketing, Business Intelligence, Business Strategy, UAT and Business Analytics are some of the popular skills required to work as a Business Manager at HDFC Life India.

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

HDFC Ergo General Insurance Business Manager Salary - ₹3.9 Lakhs to ₹15.0 Lakhs per year
SBI General Insurance Business Manager Salary - ₹4.0 Lakhs to ₹15.1 Lakhs per year
Tata AIA Life Insurance Business Manager Salary - ₹6.5 Lakhs to ₹10.6 Lakhs per year
Aditya Birla Sun Life Insurance Business Manager Salary - ₹7.9 Lakhs to ₹8.3 Lakhs per year
SBI Life Insurance Company Business Manager Salary - ₹4.4 Lakhs to ₹8.5 Lakhs per year

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

PNB MetLife Business Manager Salary - ₹3.5 Lakhs to ₹7.5 Lakhs per year
ICICI Lombard General Insurance Company Business Manager Salary - ₹2.3 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindara Life Insurance Business Manager Salary - ₹3.4 Lakhs to ₹6.2 Lakhs per year
Bajaj Allianz Life Insurance Business Manager Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
Axis Max Life Insurance Business Manager Salary - ₹3.1 Lakhs to ₹6.4 Lakhs per year

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

The estimated take-home salary of a Business Manager at HDFC Life ranges between ₹33,618 per month to ₹34,878 per month in India. The take-home salary calculation is based on the average HDFC Life Business Manager salary in India which ranges between ₹2.4 Lakhs to ₹8.1 Lakhs per year for employees with experience between 3 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 36% of the HDFC Life Business Managers reported a notice period of 15 days or less, 37% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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HDFC Life Business Manager Salaries by Location

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HDFC Life Business Manager Salaries

HDFC Life Business Manager salary in India ranges between ₹2.4 Lakhs to ₹8.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Business Manager salaries in India (Updated 2025)

Companies similar to HDFC Life for Business Manager

Latest annual salaries shared by HDFC Life Business Manager

Experience wise HDFC Life Business Manager salaries

Similar Designation salaries in HDFC Life

Top skills at HDFC Life for Business Manager

Salary related reviews for HDFC Life

Business Development Manager in Bijnor

Business Development Manager in Vasai-Virar

Sales Manager in Mumbai

Relationship Manager in Bhubaneswar

Deputy Manager in Mumbai

HDFC Life Business Manager Salary FAQs

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HDFC Life Business Manager Salaries by Location