HDFC Life Mumbai Cluster Head Salaries by 4 Employees (Updated 2025)

11 - 16 years exp.

₹11 Lakhs - ₹14 Lakhs

Salary of majority employees

29% less than the average Cluster Head Salary in Insurance Companies for 11 - 16 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Cluster Head Salary 11 - 16 years exp. (AmbitionBox Estimate)	₹11.2 L/yr - ₹14 L/yr
Login to view exact salary
Sales & Business Development Cluster Head Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹10.4 L/yr - ₹11 L/yr

Last Updated: 21 Jan 2025

Companies similar to HDFC Life for Cluster Head in Mumbai

HDFC Life Cluster Head Salary

11 - 16 years exp. (4 salaries)

₹11 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
Max Life Insurance Cluster Head Salary 6 - 16 years exp. (3 salaries)	₹7 L/yr - ₹12.8 L/yr 2% more
Kotak Mahindara Life Insurance Cluster Head Salary 13 - 16 years exp. (4 salaries)	₹10.5 L/yr - ₹16.9 L/yr 12% more
Login to view exact salary
Yes Bank Cluster Head Salary 13 - 22 years exp. (21 salaries)	₹16.8 L/yr - ₹40 L/yr 162% more
YES SECURITIES Cluster Head Salary 6 - 15 years exp. (19 salaries)	₹5.6 L/yr - ₹13 L/yr 18% less
HDFC Bank Cluster Head Salary 10 - 20 years exp. (16 salaries)	₹9.4 L/yr - ₹29.4 L/yr 103% more

Cluster Head salary at HDFC Life ranges between ₹11 Lakhs to ₹14 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Cluster Head salaries in Mumbai

Last Updated: 21 Jan 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹11.2 L/yr
12 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
Login to view exact salary
13 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
14 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
15+ years (3 salaries)	₹11 L/yr - ₹14 L/yr

Similar Designation salaries in HDFC Life

Deputy Manager Salary

(427 salaries)

₹3.5 L/yr - ₹14.4 L/yr

Sales Manager Salary

(90 salaries)

₹2.2 L/yr - ₹7.15 L/yr

Branch Manager Salary

(31 salaries)

₹5.5 L/yr - ₹12.5 L/yr

Sales Executive Salary

(27 salaries)

₹1.1 L/yr - ₹4.98 L/yr

Cluster Manager Salary

(24 salaries)

₹6 L/yr - ₹11.46 L/yr

Territory Manager Salary

(20 salaries)

₹10.06 L/yr - ₹17.2 L/yr

Team Lead Salary

(5 salaries)

₹3.39 L/yr - ₹7 L/yr

Sales Officer Salary

(3 salaries)

₹2.4 L/yr - ₹3 L/yr

Salary related reviews for HDFC Life

4.0

Rated by 1 employees for salary & benefits

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

Deputy Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Aug 2023

2.0

for Salary and Benefits

Dislikes

... Saturday and Sunday off as they have mentioned holiday at the time of joining. Also I feel there is discrimination in salary increament policy and working time among employees.

Salary - Poor

+3 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

Got a question about HDFC Life?

Ask anonymously on communities.

HDFC Life Cluster Head Salary FAQs

What is the salary of Cluster Head at HDFC Life Mumbai?

Cluster Head salary at HDFC Life in Mumbai ranges between ₹11.0 Lakhs to ₹14.0 Lakhs for experience between 11 years to 16 years. According to our estimates it is 29% less than the average Cluster Head Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life Mumbai.

How does the salary of a Cluster Head at HDFC Life Mumbai compare with the average salary range for this job?

The average salary of a Cluster Head at HDFC Life is 29% less than the average salary of a Cluster Head in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Cluster Head in Mumbai?

Yes Bank Cluster Head Salary - ₹16.8 Lakhs to ₹40.0 Lakhs per year
HDFC Bank Cluster Head Salary - ₹9.4 Lakhs to ₹29.4 Lakhs per year
Kotak Mahindara Life Insurance Cluster Head Salary - ₹10.5 Lakhs to ₹16.9 Lakhs per year
Max Life Insurance Cluster Head Salary - ₹7.0 Lakhs to ₹12.8 Lakhs per year

What is the salary of a Cluster Head in companies similar to HDFC Life in Mumbai?

YES SECURITIES Cluster Head Salary - ₹5.6 Lakhs to ₹13.0 Lakhs per year

What is the estimated take home salary of a Cluster Head at HDFC Life in Mumbai?

The estimated take-home salary of a Cluster Head at HDFC Life ranges between ₹80,282 per month to ₹82,372 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Cluster Head salary in India which ranges between ₹11.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 11 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Cluster Head at HDFC Life in Mumbai?

According to AmbitionBox, 75% of the HDFC Life Cluster Heads in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
HDFC Life Salaries >
HDFC Life Cluster Head Salaries >
HDFC Life Cluster Head Salaries in Mumbai

HDFC Life Cluster Head salary in Mumbai ranges between ₹11 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.