HDFC Life Collection Associate Salaries by 4 Employees (Updated 2025)

0 - 3 years exp.

₹1.6 Lakh - ₹3.1 Lakhs

Low Confidence

Salary of majority employees

27% less than the average Collection Associate Salary in Insurance Companies for 0 - 3 years of experience

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Last Updated: 5 Jul 2024

Companies similar to HDFC Life for Collection Associate

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Collection Associate Salary 0 - 12 years exp. (327 salaries)	₹1.7 L/yr - ₹4.3 L/yr 38% more	3 job openings
Vivifi India Finance Collection Associate Salary 0 - 3 years exp. (160 salaries)	₹2.2 L/yr - ₹3.8 L/yr 29% more
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DCB Bank Collection Associate Salary 3 - 9 years exp. (53 salaries)	₹2.2 L/yr - ₹4.3 L/yr 47% more
Home Credit Finance Collection Associate Salary 0 - 8 years exp. (35 salaries)	₹1.4 L/yr - ₹3.5 L/yr 8% more
Money View Collection Associate Salary 0 - 5 years exp. (31 salaries)	₹2 L/yr - ₹4.2 L/yr 17% more

Collection Associate salary at HDFC Life ranges between ₹1.6 Lakh to ₹3.1 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Collection Associate salaries

Last Updated: 5 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹1.6 L/yr
1 year (AmbitionBox Estimate)	₹0.7 L/yr - ₹1.9 L/yr
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2 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.1 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

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

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

see more salary related reviews

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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?

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HDFC Life Collection Associate Salary FAQs

What is the salary of Collection Associate at HDFC Life?

Collection Associate salary at HDFC Life in India ranges between ₹1.6 Lakhs to ₹3.1 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 27% less than the average Collection Associate 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 Collection Associate at HDFC Life India compare with the average salary range for this job?

The average salary of a Collection Associate at HDFC Life is 27% less than the average salary of a Collection Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Collection Associate in India?

DCB Bank Collection Associate Salary - ₹2.2 Lakhs to ₹4.3 Lakhs per year
HDB Financial Services Collection Associate Salary - ₹1.7 Lakhs to ₹4.3 Lakhs per year
Vivifi India Finance Collection Associate Salary - ₹2.2 Lakhs to ₹3.8 Lakhs per year
Money View Collection Associate Salary - ₹2.0 Lakhs to ₹4.2 Lakhs per year
Home Credit Finance Collection Associate Salary - ₹1.4 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Collection Associate at HDFC Life in India?

The estimated take-home salary of a Collection Associate at HDFC Life ranges between ₹15,692 per month to ₹17,320 per month in India. The take-home salary calculation is based on the average HDFC Life Collection Associate salary in India which ranges between ₹1.6 Lakhs to ₹3.1 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Collection Associate at HDFC Life?

According to AmbitionBox, 75% of the HDFC Life Collection Associates reported a notice period of 15 days or less, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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HDFC Life Collection Associate Salaries

HDFC Life Collection Associate salary in India ranges between ₹1.6 Lakh to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.