HDFC Life Bangalore / Bengaluru Deputy Branch Manager Salaries by 3 Employees

6 - 14 years exp.

₹6.5 Lakhs - ₹8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

6% less than the average Deputy Branch Manager Salary in Insurance Companies for 6 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Branch Manager Salary 6 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr
Marketing & Communication Deputy Branch Manager Salary 9 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.2 L/yr
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Sales & Business Development Deputy Branch Manager Salary 14 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr

Last Updated: 29 May 2024

Companies similar to HDFC Life for Deputy Branch Manager in Bangalore / Bengaluru

HDFC Life Deputy Branch Manager Salary

6 - 14 years exp. (3 salaries)

₹6.5 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Deputy Branch Manager Salary 1 - 15 years exp. (380 salaries)	₹3 L/yr - ₹13 L/yr 6% more
IndusInd Bank Deputy Branch Manager Salary 3 - 16 years exp. (108 salaries)	₹4 L/yr - ₹12.5 L/yr 20% more	117 job openings
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Yes Bank Deputy Branch Manager Salary 5 - 15 years exp. (27 salaries)	₹5.3 L/yr - ₹11.8 L/yr 21% more	6 job openings
IDFC FIRST Bank Deputy Branch Manager Salary 5 - 13 years exp. (22 salaries)	₹4.6 L/yr - ₹12.5 L/yr 23% more
HDFC Bank Deputy Branch Manager Salary 5 - 12 years exp. (13 salaries)	₹4.5 L/yr - ₹8 L/yr 11% less	1 job opening

Deputy Branch Manager salary at HDFC Life ranges between ₹6.5 Lakhs to ₹8 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Deputy Branch Manager salaries in Bangalore / Bengaluru

Last Updated: 29 May 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
9 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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14 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr

Similar Designation salaries in HDFC Life

Deputy Manager Salary

(103 salaries)

₹4.5 L/yr - ₹12.97 L/yr

Sales Manager Salary

(71 salaries)

₹2 L/yr - ₹7.3 L/yr

Relationship Manager Salary

(47 salaries)

₹2 L/yr - ₹4 L/yr

Branch Manager Salary

(33 salaries)

₹6.8 L/yr - ₹11 L/yr

Branch Head Salary

(10 salaries)

₹7 L/yr - ₹11.3 L/yr

Chief Manager Salary

(10 salaries)

₹16 L/yr - ₹29.5 L/yr

Salary related reviews for HDFC Life

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

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

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

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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 Deputy Branch Manager Salary FAQs

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

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

Experience	Average Salary Range
6 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
9 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
14 years	₹6.8 Lakhs to ₹8.6 Lakhs per year

and so on.

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HDFC Life Deputy Branch Manager Salaries in Bangalore / Bengaluru

HDFC Life Deputy Branch Manager salary in Bangalore / Bengaluru ranges between ₹6.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Deputy Branch Manager salaries in Bangalore / Bengaluru

Companies similar to HDFC Life for Deputy Branch Manager in Bangalore / Bengaluru

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

Experience wise HDFC Life Deputy Branch Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in HDFC Life

Salary related reviews for HDFC Life

Sales Manager in Cuttack

Senior Associate in Machilipatnam

Senior Associate in Mumbai

Operations Manager in Mumbai

Sales Manager in Mumbai

HDFC Life Deputy Branch Manager Salary FAQs

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