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HDFC Life Business Manager salaries in India (Updated 2025)

Annual salary range
3 - 13 years exp.
₹2.4 Lakhs - ₹8.1 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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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)
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₹2.4 L/yr - ₹8.1 L/yr

BFSI, Investments & Trading
Business Manager Salary
3 - 10 years exp. (4 salaries)
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₹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
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₹3.1 L/yr - ₹4 L/yr

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₹5.1 L/yr - ₹8.5 L/yr

arrow icon 48% more
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Max Life Insurance Business Manager Salary

4 - 10 years exp. (4 salaries)

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₹3.1 L/yr - ₹6.4 L/yr

arrow icon 3% less
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₹3.4 L/yr - ₹6.2 L/yr

arrow icon 10% more
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₹4.5 L/yr - ₹6 L/yr

arrow icon 1% more
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Tata AIA Life Insurance Business Manager Salary

4 - 17 years exp. (18 salaries)

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₹6.5 L/yr - ₹10.6 L/yr

arrow icon 91% more
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₹7.9 L/yr - ₹8.3 L/yr

arrow icon 76% more
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PNB MetLife Business Manager Salary

3 - 14 years exp. (7 salaries)

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₹3.5 L/yr - ₹7.5 L/yr

arrow icon 27% more
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₹2.2 L/yr - ₹5 L/yr

arrow icon 15% less
1 job opening
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₹2.3 L/yr - ₹10 L/yr

arrow icon 13% more
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₹2 L/yr - ₹4.3 L/yr

arrow icon 26% less
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₹3.9 L/yr - ₹15 L/yr

arrow icon 114% more

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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.

Latest annual salaries shared by HDFC Life Business Manager

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Experience wise HDFC Life Business Manager salaries

Last Updated: 7 Jan 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹6.9 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹7.2 L/yr
5 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹7.4 L/yr
6 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
7 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
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Similar Designation salaries in HDFC Life

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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
(710 salaries)
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₹1.1 L/yr - ₹7.5 L/yr
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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
(818 salaries)
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₹3.5 L/yr - ₹12.15 L/yr
Territory Manager Salary
(233 salaries)
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₹10.68 L/yr - ₹21 L/yr
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₹2 L/yr - ₹8 L/yr
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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

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.

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

 · 

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

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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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
  • 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 - ₹5.1 Lakhs to ₹8.5 Lakhs per year
  • PNB MetLife Business Manager Salary - ₹3.5 Lakhs to ₹7.5 Lakhs per year
What is the salary of a Business Manager in companies similar to HDFC Life in India?
  • 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
  • Max Life Insurance Business Manager Salary - ₹3.1 Lakhs to ₹6.4 Lakhs per year
  • Shriram Life Insurance Business Manager Salary - ₹2.2 Lakhs to ₹5.0 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 salary in India ranges between ₹2.4 Lakhs to ₹8.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 HDFC Life latest salaries received from various employees of HDFC Life.