HDFC Life Deputy General Manager Salaries by 20+ Employees

9 - 19 years exp.

₹10 Lakhs - ₹26 Lakhs

Salary of majority employees

39% less than the average Deputy General Manager Salary in Insurance Companies for 9 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy General Manager Salary 9 - 17 years exp. (6 salaries)	₹15.4 L/yr - ₹25 L/yr
Finance & Accounting Deputy General Manager Salary 9 - 14 years exp. (3 salaries)	₹10 L/yr - ₹19.5 L/yr
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Engineering - Software & QA Deputy General Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹19 L/yr - ₹20 L/yr
Marketing & Communication Deputy General Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹19 L/yr - ₹24 L/yr
Legal & Regulatory Deputy General Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.7 L/yr

Last Updated: 17 Jan 2024

Companies similar to HDFC Life for Deputy General Manager

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Deputy General Manager Salary 2 - 6 years exp. (3 salaries)	₹2.6 L/yr - ₹4.9 L/yr 80% less
Kotak Mahindara Life Insurance Deputy General Manager Salary 4 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹4.4 L/yr 80% less
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Bajaj Allianz Life Insurance Deputy General Manager Salary 9 - 17 years exp. (3 salaries)	₹12.6 L/yr - ₹17 L/yr 25% less
Star Health & Allied Insurance Deputy General Manager Salary 14 - 28 years exp. (20 salaries)	₹12 L/yr - ₹19 L/yr 11% less
HDFC Ergo General Insurance Deputy General Manager Salary 6 - 9 years exp. (5 salaries)	₹4.1 L/yr - ₹6.2 L/yr 76% less
Kotak Mahindra General Insurance Deputy General Manager Salary 4 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹5.4 L/yr 73% less

Deputy General Manager salary at HDFC Life ranges between ₹10 Lakhs to ₹26 Lakhs per year for employees with experience between 9 years to 19 years. Salary estimates are based on 21 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Deputy General Manager salaries

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹10 L/yr - ₹25 L/yr
10 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹33.3 L/yr
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11 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹20 L/yr
12 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹33.6 L/yr
13 years (3 salaries)	₹15.4 L/yr - ₹24 L/yr
14 years (3 salaries)	₹7.5 L/yr - ₹20 L/yr
15+ years (9 salaries)	₹15 L/yr - ₹26 L/yr

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From

Deputy General Manager

9 - 19 years exp.

General Manager

10 - 24 years exp.

From

Deputy General Manager

9 - 19 years exp.

Regional Head

17 - 21 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.

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Salary related reviews for HDFC Life

3.0

Rated by 2 employees for salary & benefits

Deputy General Manager in Bangalore / Bengaluru

IT & Information Security Department

4.0

• posted on 23 May 2022

3.0

for Salary and Benefits

Likes

Very slow growth in career progression and company doesn't spent money and time for people skill development.

Work-life balance - Good

Dislikes

Perfect work life balance, but learning curve and salary growth is very below compare to competition.

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 Lower Parel, Mumbai

Full Time

Information Technology Department

4.0

• posted on 30 Dec 2022

3.0

for Salary and Benefits

Likes

Too much pressure, however bigger companies have huge responsibility and always be at top to maintain the market standards and rank

Skill development - Excellent

+1 more

Dislikes

No promotion even after getting good appraisals. Salary can be improvised

Promotions - Poor

+1 more

Deputy Manager in Bangalore / Bengaluru

Non sales Department

4.0

• posted on 08 Nov 2018

3.0

for Salary and Benefits

Likes

I have lucky enough to have good bosses for having a good work life balance, with 4yrs old kid, this is main thing which is helping me move on being a non sales staff

Work satisfaction - Excellent

+1 more

Dislikes

Still people resign because of bosses at sales team majorly not because of company or salary,

Skill development - Bad

+2 more

Sr.CAM in New Delhi

Full Time

Other Department

5.0

• posted on 02 Mar 2025

5.0

for Salary and Benefits

Likes

HDFC Life is known for its supportive work culture, career growth opportunities, competitive pay, job security, and decent work-life balance.

Salary - Excellent

+6 more

Dislikes

The login process should be more seamless to ensure minimal disruption for customers, providing a smoother and more efficient experience.

see more salary related reviews

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Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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HDFC Life Deputy General Manager Salary FAQs

What is the salary of Deputy General Manager at HDFC Life ?

The average salary of a Deputy General Manager at HDFC Life in India typically ranges from ₹10.0 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 9 years to 19 years).

The top 10% of Deputy General Manager at HDFC Life earn more than ₹24.4 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Deputy General 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 20+ HDFC Life employees in India.

What is the estimated take home salary of a Deputy General Manager at HDFC Life in India?

The estimated take-home salary of a Deputy General Manager at HDFC Life in India typically ranges from ₹1,25,600 to ₹1,29,602 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 9 years to 19 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 20+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Deputy General Manager in companies similar to HDFC Life in India?

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

Star Health & Allied Insurance	₹12.0 Lakhs to ₹19.0 Lakhs per year
Bajaj Allianz Life Insurance	₹12.6 Lakhs to ₹17.0 Lakhs per year
Kotak Mahindra General Insurance	₹4.5 Lakhs to ₹5.4 Lakhs per year
HDFC Ergo General Insurance	₹4.1 Lakhs to ₹6.2 Lakhs per year
Axis Max Life Insurance	₹2.6 Lakhs to ₹4.9 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 Deputy General Manager at HDFC Life in India?

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

Experience	Average Salary Range
9 years	₹10.0 Lakhs to ₹25.0 Lakhs per year
10 years	₹17.5 Lakhs to ₹33.3 Lakhs per year
11 years	₹13.8 Lakhs to ₹20.0 Lakhs per year
12 years	₹16.5 Lakhs to ₹33.6 Lakhs per year

and so on.

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HDFC Life Deputy General Manager Salaries

HDFC Life Deputy General Manager salary in India ranges between ₹10 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 HDFC Life latest salaries received from various employees of HDFC Life.