HDFC Life Business Service Manager Salaries by 4 Employees (Updated 2025)

3 - 5 years exp.

₹2 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

73% less than the average Business Service Manager Salary in Insurance Companies for 3 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Business Service Manager Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Finance & Accounting Business Service Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 14 Mar 2023

Companies similar to HDFC Life for Business Service Manager

Company name	Avg Annual Salary	Open Jobs
Fujitsu Business Service Manager Salary 11 - 24 years exp. (5 salaries)	₹23.6 L/yr - ₹28 L/yr 798% more
NetConnectGlobal Business Service Manager Salary 1 - 4 years exp. (5 salaries)	₹4.4 L/yr - ₹8 L/yr 106% more
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IKEA Business Service Manager Salary 14 - 17 years exp. (5 salaries)	₹15.4 L/yr - ₹18 L/yr 482% more
Yes Bank Business Service Manager Salary 1 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹7 L/yr 68% more
Tata AIG Business Service Manager Salary 0 - 13 years exp. (4 salaries)	₹1.2 L/yr - ₹7 L/yr 52% more

Business Service Manager salary at HDFC Life ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Business Service Manager salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.1 L/yr
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5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr

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Salary related reviews for HDFC Life

Senior Associate in Machilipatnam

Full Time

Other Department

4.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Skill development and learning is the main element in the hdfc life. Company culture and environment is very place to work.

Skill development - Excellent

+2 more

Dislikes

...ys. Promotions and appraisals is a joke here less than 6% is the increment here. Salary are very low when compared to other similar industry.

Promotions - Poor

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Hdfc life office is hygienic.

Dislikes

Manager is your god. And manager scold in con call tell fukat ka salary leta hai kya. If you achieve Target then also you will not get increment. Boss gives more priority to girls.

Salary - Bad

+6 more

Senior Associate in Patna

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 04 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Low salary structure Unwanted work pressure Dirty politics Zero growth if you're not a politician in the company Non recognition of your good work No incentives even after having huge targets Manual rating system of employees, you will be judged by your amount of buttering not by your performance. Overall very bad work culture

Salary - Bad

+6 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

Senior Associate in Ghaziabad

Branch Operations Department

3.0

• posted on 02 Aug 2022

1.0

for Salary and Benefits

Likes

...omplete your assigned task. And it is achievable if proper direction provided. Salary will be on time always no delay.

Job security - Excellent

+1 more

Dislikes

...ay of the month you will have to do work from home and do the revival calling. In branch operations 80% is sales and 20% is operations work but salary will be according to operations.

Salary - Bad

+1 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

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 my previous org.

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HDFC Life Business Service Manager Salary FAQs

What is the salary of Business Service Manager at HDFC Life?

Business Service Manager salary at HDFC Life in India ranges between ₹2.0 Lakhs to ₹3.5 Lakhs for experience between 3 years to 5 years. According to our estimates it is 73% less than the average Business Service Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Business Service Manager at HDFC Life is 73% less than the average salary of a Business Service Manager in India. To know exact salary insights, login to view.

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

Fujitsu Business Service Manager Salary - ₹23.6 Lakhs to ₹28.0 Lakhs per year
IKEA Business Service Manager Salary - ₹15.4 Lakhs to ₹18.0 Lakhs per year
NetConnectGlobal Business Service Manager Salary - ₹4.4 Lakhs to ₹8.0 Lakhs per year
Yes Bank Business Service Manager Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
Tata AIG Business Service Manager Salary - ₹1.2 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Business Service Manager at HDFC Life ranges between ₹20,357 per month to ₹22,015 per month in India. The take-home salary calculation is based on the average HDFC Life Business Service Manager salary in India which ranges between ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the HDFC Life Business Service Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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HDFC Life Business Service Manager Salaries by Location

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HDFC Life Business Service Manager Salaries

HDFC Life Business Service Manager salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.