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HDFC Life Channel Development Manager salaries in India (Updated 2025)

Annual salary range
3 - 10 years exp.
₹4 Lakhs - ₹7 Lakhs
Salary of majority employees
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60% less than the average Channel Development Manager Salary in Insurance Companies for 3 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Channel Development Manager Salary
5 - 10 years exp. (9 salaries)
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₹4 L/yr - ₹7 L/yr

Teaching & Training
Channel Development Manager Salary
3 - 8 years exp. (4 salaries)
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₹3.8 L/yr - ₹4.9 L/yr

Marketing & Communication
Channel Development Manager Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4 L/yr

Sales & Business Development
Channel Development Manager Salary
8 - 10 years exp. (AmbitionBox Estimate)
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₹4.6 L/yr - ₹5.3 L/yr

Customer Success, Service & Operations
Channel Development Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹4.6 L/yr - ₹4.9 L/yr

Last Updated: 4 Feb 2025

Companies similar to HDFC Life for Channel Development Manager

Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹4.9 L/yr

arrow icon 3% less
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₹1.5 L/yr - ₹5.4 L/yr

arrow icon 9% less
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₹4.5 L/yr - ₹7 L/yr

arrow icon 20% more
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₹5.5 L/yr - ₹9 L/yr

arrow icon 62% more
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₹3.3 L/yr - ₹6 L/yr

arrow icon 4% more

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Channel Development Manager salary at HDFC Life ranges between ₹4 Lakhs to ₹7 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 21 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Channel Development Manager

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8 years exp.
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7 years exp.
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Experience wise HDFC Life Channel Development Manager salaries

Last Updated: 4 Feb 2025

Experience Avg Annual Salary
3 years  (3 salaries)

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₹4.3 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
5 years  (3 salaries)

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₹1.8 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)

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₹4 L/yr - ₹4.9 L/yr
7 years  (5 salaries)

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₹4 L/yr - ₹6 L/yr
View all
HDFC Life Channel Development Manager Salary and Career Growth

From

To

Channel Development Manager

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3 - 10 years exp.

Corporate Sales and Business Manager

Salary unavailable
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDFC Life

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₹1.5 L/yr - ₹5 L/yr
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₹3 L/yr - ₹5 L/yr
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₹2.3 L/yr - ₹8 L/yr
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₹2.3 L/yr - ₹8 L/yr
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₹2 L/yr - ₹8 L/yr
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₹1.2 L/yr - ₹4.4 L/yr
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₹3.18 L/yr - ₹7.72 L/yr
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₹1.7 L/yr - ₹5 L/yr
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₹2.4 L/yr - ₹8.5 L/yr
Deputy Manager Salary
(821 salaries)
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₹3.5 L/yr - ₹12.5 L/yr

Salary related reviews for HDFC Life

1.0

Rated by 2 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 Channel Development Manager Salary FAQs

What is the salary of Channel Development Manager at HDFC Life?
Channel Development Manager salary at HDFC Life in India ranges between ₹4.0 Lakhs to ₹7.0 Lakhs for experience between 3 years to 10 years. According to our estimates it is 60% less than the average Channel Development Manager Salary in India. Salary estimates are based on 21 latest salaries received from various employees of HDFC Life India.
How does the salary of a Channel Development Manager at HDFC Life India compare with the average salary range for this job?
The average salary of a Channel Development Manager at HDFC Life is 60% less than the average salary of a Channel Development Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than HDFC Life to a Channel Development Manager in India?
  • Future Generali India Life Insurance Channel Development Manager Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
  • Tata AIA Life Insurance Channel Development Manager Salary - ₹4.5 Lakhs to ₹7.0 Lakhs per year
  • Manipal Business Solutions Channel Development Manager Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Channel Development Manager in companies similar to HDFC Life in India?
  • Kotak Mahindara Life Insurance Channel Development Manager Salary - ₹4.0 Lakhs to ₹4.9 Lakhs per year
  • Reliance Nippon Life Insurance Channel Development Manager Salary - ₹1.5 Lakhs to ₹5.4 Lakhs per year
What is the estimated take home salary of a Channel Development Manager at HDFC Life in India?
The estimated take-home salary of a Channel Development Manager at HDFC Life ranges between ₹33,134 per month to ₹34,402 per month in India. The take-home salary calculation is based on the average HDFC Life Channel Development Manager salary in India which ranges between ₹4.0 Lakhs to ₹7.0 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Channel Development Manager at HDFC Life?
According to AmbitionBox, 78% of the HDFC Life Channel Development Managers reported a notice period of 1 Month, 22% reported a notice period of 2 Months.This is based on 9 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Channel Development Manager salary in India ranges between ₹4 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 21 HDFC Life latest salaries received from various employees of HDFC Life.