HDFC Life Bangalore / Bengaluru Chief Manager Salaries by 10 Employees (Updated 2025)

8 - 18 years exp.

₹16 Lakhs - ₹29.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

5% more than the average Chief Manager Salary in Insurance Companies for 8 - 18 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

IT & Information Security Chief Manager Salary 8 - 17 years exp. (4 salaries)	₹22 L/yr - ₹25 L/yr
BFSI, Investments & Trading Chief Manager Salary 18 years exp. (AmbitionBox Estimate)	₹22 L/yr - ₹23.9 L/yr
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Customer Success, Service & Operations Chief Manager Salary 17 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹22.5 L/yr
Marketing & Communication Chief Manager Salary 14 years exp. (AmbitionBox Estimate)	₹22.4 L/yr - ₹24.1 L/yr
Product Management Chief Manager Salary 18 years exp. (AmbitionBox Estimate)	₹19 L/yr - ₹24.3 L/yr

View all

Last Updated: 16 Mar 2025

Companies similar to HDFC Life for Chief Manager in Bangalore / Bengaluru

HDFC Life Chief Manager Salary

8 - 18 years exp. (10 salaries)

₹16 L/yr - ₹29.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Chief Manager Salary 3 - 18 years exp. (43 salaries)	₹10 L/yr - ₹22 L/yr 27% less
Kotak Mahindara Life Insurance Chief Manager Salary 3 - 15 years exp. (41 salaries)	₹6 L/yr - ₹17 L/yr 55% less
Login to view exact salary
Star Health & Allied Insurance Chief Manager Salary 8 - 17 years exp. (7 salaries)	₹8.4 L/yr - ₹23 L/yr 24% less
ICICI Prudential Life Insurance Chief Manager Salary 13 - 19 years exp. (5 salaries)	₹23 L/yr - ₹41.6 L/yr 32% more
Axis Max Life Insurance Chief Manager Salary 13 - 20 years exp. (4 salaries)	₹11.9 L/yr - ₹23.4 L/yr 2% less	4 job openings

Chief Manager salary at HDFC Life ranges between ₹16 Lakhs to ₹29.5 Lakhs per year for employees with experience between 8 years to 18 years. Salary estimates are based on 10 latest salaries received from various employees of HDFC Life.

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

3w ago

₹29.5 Lakhs

9 years exp.

1mo ago

₹16 Lakhs

17 years exp.

4mo ago

₹22 Lakhs

18 years exp.

7mo ago

₹22.4 Lakhs

14 years exp.

9mo ago

₹19 Lakhs

18 years exp.

1y ago

17 years exp.

1y ago

17 years exp.

1y ago

8 years exp.

1y ago

10 years exp.

Experience wise HDFC Life Chief Manager salaries in Bangalore / Bengaluru

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹21.4 L/yr - ₹27.3 L/yr
9 years (AmbitionBox Estimate)	₹21.2 L/yr - ₹27.1 L/yr
Login to view exact salary
10 years (AmbitionBox Estimate)	₹21 L/yr - ₹26.9 L/yr
11 years (AmbitionBox Estimate)	₹20.9 L/yr - ₹26.6 L/yr
12 years (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.4 L/yr
13 years (AmbitionBox Estimate)	₹20.5 L/yr - ₹26.2 L/yr
14 years (AmbitionBox Estimate)	₹20.3 L/yr - ₹26 L/yr
15+ years (6 salaries)	₹16 L/yr - ₹25 L/yr

View all

Similar Designation salaries in HDFC Life

Deputy Manager Salary

(105 salaries)

₹4.5 L/yr - ₹12.88 L/yr

Sales Manager Salary

(71 salaries)

₹2 L/yr - ₹7.3 L/yr

Branch Manager Salary

(33 salaries)

₹6.8 L/yr - ₹11 L/yr

Cluster Manager Salary

(22 salaries)

₹7 L/yr - ₹12.65 L/yr

Territory Manager Salary

(12 salaries)

₹10.63 L/yr - ₹21 L/yr

Top skills at HDFC Life for Chief Manager

Burp Suite Strategic Alliances Innovation Fortify Hive Strategic Planning corporate planning Alliances API Testing Strategic Alliances agency AWS SVM Application Security GCP

Salary related reviews for HDFC Life

4.0

Rated by 2 employees for salary & benefits

Sales Manager in Cuttack

Full Time

CSR & Social Service Department

4.0

• posted on 23 Mar 2025

2.0

for Salary and Benefits

Likes

The company has lots of data, They r learning you in first stage and after that they r find a way to indicate you wrongly.

Job security - Good

Dislikes

Less salary, no support from trainer, biggest layers, no leaves, no support from L1 and above, no motivation only needed business, so if u r afresher think twice before joining.

Salary - Poor

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

Operations Manager in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 26 Nov 2023

1.0

for Salary and Benefits

Likes

The way they make fool our of you. JD and actual work are really different. Popular statement "I am a really considerate manager".

Job security - Excellent

Dislikes

Usual work day is for about 12 hrs On document Saturday is a non working day but you will be forced to work with out pay. Overtime is a myth Promotion depends upon L1's will. Variable pay is only for MT's and chief manager & above Huge gap in pay at same band.

Salary - Bad

+4 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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Life Chief Manager Salary FAQs

What is the salary of Chief Manager at HDFC Life in Bangalore / Bengaluru?

The average salary of a Chief Manager at HDFC Life in Bangalore / Bengaluru typically ranges from ₹16.0 Lakhs to ₹29.5 Lakhs per year, depending on experience (from 8 years to 18 years).

The top 10% of Chief Manager in Bangalore / Bengaluru at HDFC Life earn more than ₹28.3 Lakhs per year, and the top 1% earn over ₹29.5 Lakhs per year. Chief Manager Salaries at HDFC Life can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10 HDFC Life employees in India.

What is the estimated take home salary of a Chief Manager at HDFC Life in Bangalore / Bengaluru?

The estimated take-home salary of a Chief Manager at HDFC Life in Bangalore / Bengaluru typically ranges from ₹1,47,084 to ₹1,52,598 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹29.5 Lakhs per year for employees with experience ranging from 8 years to 18 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10 salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Chief Manager at HDFC Life in Bangalore / Bengaluru?

To be a Chief Manager at HDFC Life in Bangalore / Bengaluru, the key skills required include:

- Burp Suite
- Strategic Alliances
- Innovation
- Fortify
- Hive

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Life for Chief Manager in India?

ICICI Prudential Life Insurance

₹23.0 Lakhs to ₹41.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Life, depending on the role and experience level.

What is the salary of a Chief Manager in companies similar to HDFC Life in Bangalore / Bengaluru?

The salary of a Chief Manager at companies similar to HDFC Life in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Max Life Insurance	₹11.9 Lakhs to ₹23.4 Lakhs per year
Star Health & Allied Insurance	₹8.4 Lakhs to ₹23.0 Lakhs per year
ICICI Lombard General Insurance Company	₹10.0 Lakhs to ₹22.0 Lakhs per year
Kotak Mahindara Life Insurance	₹6.0 Lakhs to ₹17.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Chief Manager at HDFC Life in Bangalore / Bengaluru?

The salary growth for a Chief Manager at HDFC Life in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Chief Manager in Bangalore / Bengaluru can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
8 years	₹21.4 Lakhs to ₹27.3 Lakhs per year
9 years	₹21.2 Lakhs to ₹27.1 Lakhs per year
10 years	₹21.0 Lakhs to ₹26.9 Lakhs per year
11 years	₹20.9 Lakhs to ₹26.6 Lakhs per year

and so on.

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HDFC Life Chief Manager Salaries in Bangalore / Bengaluru

HDFC Life Chief Manager salary in Bangalore / Bengaluru ranges between ₹16 Lakhs to ₹29.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 HDFC Life latest salaries received from various employees of HDFC Life.