HDFC Life Bhopal Cluster Manager Salaries by 5 Employees (Updated 2025)

7 - 15 years exp.

₹7.7 Lakhs - ₹10 Lakhs

Salary of majority employees

11% less than the average Cluster Manager Salary in Insurance Companies for 7 - 15 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development Cluster Manager Salary 7 - 14 years exp. (3 salaries)	₹8 L/yr - ₹10 L/yr
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BFSI, Investments & Trading Cluster Manager Salary 11 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr

Last Updated: 22 Mar 2025

Companies similar to HDFC Life for Cluster Manager in Bhopal

HDFC Life Cluster Manager Salary

7 - 15 years exp. (5 salaries)

₹7.7 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Cluster Manager Salary 14 - 16 years exp. (3 salaries)	₹7.7 L/yr - ₹9.3 L/yr 6% less
IDFC FIRST Bank Cluster Manager Salary 9 - 15 years exp. (9 salaries)	₹9 L/yr - ₹18 L/yr 42% more
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XpressBees Cluster Manager Salary 5 - 10 years exp. (6 salaries)	₹4.2 L/yr - ₹4.7 L/yr 51% less
Ziqitza Health Care Cluster Manager Salary 6 - 12 years exp. (6 salaries)	₹2.8 L/yr - ₹3.6 L/yr 63% less
HDFC Bank Cluster Manager Salary 9 - 16 years exp. (5 salaries)	₹9.7 L/yr - ₹16 L/yr 32% more

Cluster Manager salary at HDFC Life ranges between ₹7.7 Lakhs to ₹10 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Cluster Manager salaries in Bhopal

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8 L/yr - ₹15.2 L/yr
8 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
Login to view exact salary
9 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
10 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
11 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹16.2 L/yr
12 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
13 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
14 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10 L/yr
15+ years (AmbitionBox Estimate)	₹8 L/yr - ₹17.5 L/yr

View all

From

Cluster Manager

₹

Lakhs/yr

5 - 17 years exp.

Senior Manager

₹

Lakhs/yr

2 - 20 years exp.

Cluster Manager

5 - 17 years exp.

Deputy Manager

0 - 15 years exp.

-13% hike

Manager

2 - 16 years exp.

15% hike

From

View 2 more levels

Cluster Manager

5 - 17 years exp.

Associate Head Regional

13 - 22 years exp.

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.

Top skills at HDFC Life for Cluster Manager

Leadership Skills Team Handling Team Handling Presentation Skills Interpersonal Skills Life Insurance Insurance Stock Broking Brokerage outbound Life Insurance Insurance Broking Communication Skills Team Leading Team Management

Salary related reviews for HDFC Life

3.0

Rated by 1 employees for salary & benefits

Cluster Manager in As Cluster Manager U Have To Operate From Different Branches On Daily Basis They Say It Is Branch Vi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Sep 2022

2.0

for Salary and Benefits

Likes

Everything good except salary Package They are promoting internal people on same package as fls .. No increment no Hike While if they Recruit external peopl on Cluster Manager role they get good hike Which basically means they push their Cluster Manager for switch if they need hike Salary package is only concern which push internal CSM to switch rest company is very Good

Skill development - Excellent

+2 more

Dislikes

Here fls and Cluster get same Salary And all the kpi cluster manager is responsible

Salary - Poor

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

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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Life Cluster Manager Salary FAQs

What is the salary of Cluster Manager at HDFC Life in Bhopal?

The average salary of a Cluster Manager at HDFC Life in Bhopal typically ranges from ₹7.7 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 7 years to 15 years).

The top 10% of Cluster Manager in Bhopal at HDFC Life earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Cluster 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 5 HDFC Life employees in India.

What is the estimated take home salary of a Cluster Manager at HDFC Life in Bhopal?

The estimated take-home salary of a Cluster Manager at HDFC Life in Bhopal typically ranges from ₹65,600 to ₹67,275 per month. This is based on the average salary range of ₹7.7 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 7 years to 15 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 5 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 Cluster Manager at HDFC Life in Bhopal?

To be a Cluster Manager at HDFC Life in Bhopal, the key skills required include:

- Leadership Skills
- Team Handling
- Team Handling
- Presentation Skills
- Interpersonal Skills

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 Cluster Manager in India?

IDFC FIRST Bank	₹9.0 Lakhs to ₹18.0 Lakhs per year
HDFC Bank	₹9.7 Lakhs to ₹16.0 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 Cluster Manager in companies similar to HDFC Life in Bhopal?

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

Kotak Mahindara Life Insurance	₹7.7 Lakhs to ₹9.3 Lakhs per year
XpressBees	₹4.2 Lakhs to ₹4.7 Lakhs per year
Ziqitza Health Care	₹2.8 Lakhs to ₹3.6 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 Cluster Manager at HDFC Life in Bhopal?

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

Experience	Average Salary Range
7 years	₹8.0 Lakhs to ₹15.2 Lakhs per year
8 years	₹7.7 Lakhs to ₹9.9 Lakhs per year
9 years	₹7.8 Lakhs to ₹10.0 Lakhs per year
10 years	₹8.0 Lakhs to ₹10.2 Lakhs per year

and so on.

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HDFC Life Cluster Manager Salaries in Bhopal

HDFC Life Cluster Manager salary in Bhopal ranges between ₹7.7 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Life latest salaries received from various employees of HDFC Life.