HDFC Life Deputy Manager Salaries by 700+ Employees (Updated 2025)

2 - 15 years exp.

₹3.5 Lakhs - ₹12.1 Lakhs

Salary of majority employees

16% less than the average Deputy Manager Salary in Insurance Companies for 2 - 15 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 2 - 14 years exp. (204 salaries)	₹4 L/yr - ₹13.6 L/yr
Customer Success, Service & Operations Deputy Manager Salary 2 - 15 years exp. (123 salaries)	₹4.5 L/yr - ₹12 L/yr
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Finance & Accounting Deputy Manager Salary 2 - 13 years exp. (70 salaries)	₹5 L/yr - ₹13.5 L/yr
Data Science & Analytics Deputy Manager Salary 2 - 14 years exp. (45 salaries)	₹5.2 L/yr - ₹14.2 L/yr
Sales & Business Development Deputy Manager Salary 2 - 15 years exp. (38 salaries)	₹3.5 L/yr - ₹14.4 L/yr

View all

Last Updated: 29 Jan 2025

Companies similar to HDFC Life for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Deputy Manager Salary 0 - 7 years exp. (48 salaries)	₹2.3 L/yr - ₹8 L/yr 39% less
SBI Life Insurance Company Deputy Manager Salary 2 - 15 years exp. (38 salaries)	₹2.5 L/yr - ₹10 L/yr 21% less
Login to view exact salary
Max Life Insurance Deputy Manager Salary 0 - 12 years exp. (771 salaries)	₹2.4 L/yr - ₹9 L/yr 38% less	6 job openings
Kotak Mahindara Life Insurance Deputy Manager Salary 0 - 9 years exp. (939 salaries)	₹2 L/yr - ₹5.7 L/yr 50% less	2 job openings
Bajaj Allianz Life Insurance Deputy Manager Salary 1 - 16 years exp. (329 salaries)	₹4.5 L/yr - ₹16.7 L/yr 31% more
HDFC Ergo General Insurance Deputy Manager Salary 0 - 13 years exp. (851 salaries)	₹3.1 L/yr - ₹10.3 L/yr 27% less
Kotak Mahindra General Insurance Deputy Manager Salary 5 - 10 years exp. (201 salaries)	₹3 L/yr - ₹7.1 L/yr 35% less
Star Health & Allied Insurance Deputy Manager Salary 2 - 13 years exp. (200 salaries)	₹3 L/yr - ₹9 L/yr 25% less
Aditya Birla Sun Life Insurance Deputy Manager Salary 2 - 10 years exp. (181 salaries)	₹3 L/yr - ₹10 L/yr 21% less
PNB MetLife Deputy Manager Salary 4 - 16 years exp. (121 salaries)	₹3.9 L/yr - ₹11.2 L/yr 5% less	1 job opening

View all

Deputy Manager salary at HDFC Life ranges between ₹3.5 Lakhs to ₹12.1 Lakhs per year for employees with experience between 2 years to 15 years. Salary estimates are based on 728 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Deputy Manager salaries

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
2 years (50 salaries)	₹4.5 L/yr - ₹14.4 L/yr
3 years (60 salaries)	₹5.4 L/yr - ₹13 L/yr
Login to view exact salary
4 years (56 salaries)	₹3.5 L/yr - ₹12.5 L/yr
5 years (79 salaries)	₹4.7 L/yr - ₹12.1 L/yr
6 years (64 salaries)	₹4.5 L/yr - ₹12 L/yr
7 years (73 salaries)	₹4.1 L/yr - ₹12.6 L/yr
8 years (89 salaries)	₹4 L/yr - ₹11.7 L/yr
9 years (67 salaries)	₹4 L/yr - ₹13 L/yr
10 years (71 salaries)	₹4.7 L/yr - ₹11 L/yr
11 years (44 salaries)	₹4.7 L/yr - ₹11.1 L/yr
12 years (34 salaries)	₹4.7 L/yr - ₹13.5 L/yr
13 years (22 salaries)	₹5.1 L/yr - ₹11.3 L/yr
14 years (13 salaries)	₹5.5 L/yr - ₹9.6 L/yr
15+ years (6 salaries)	₹6.8 L/yr - ₹17.1 L/yr

View all

From

Deputy Manager

₹

Lakhs/yr

2 - 15 years exp.

Senior Manager

₹

Lakhs/yr

2 - 18 years exp.

Deputy Manager 2 - 15 years exp.

Manager 2 - 16 years exp.

13% hike

Senior Manager 2 - 18 years exp.

56% hike

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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(AmbitionBox Estimate)

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Branch Manager Salary

(283 salaries)

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Area Manager Salary

(24 salaries)

₹3.2 L/yr - ₹12.9 L/yr

Department Manager Salary

(4 salaries)

₹7.5 L/yr - ₹17 L/yr

Cluster Manager Salary

(291 salaries)

₹5.65 L/yr - ₹12 L/yr

Service Manager Salary

(7 salaries)

₹2.35 L/yr - ₹3.15 L/yr

Deputy Branch Manager Salary

(7 salaries)

₹5 L/yr - ₹8 L/yr

Program Manager Salary

(4 salaries)

₹12 L/yr - ₹25 L/yr

Top skills at HDFC Life for Deputy Manager

Life Insurance Training MIS Product Training Sales Training Insurance Training Project Management Strategic Alliances Change Management Predictive Modeling Artificial Intelligence Python Relationship Management Vendor Management Bancassurance

Salary related reviews for HDFC Life

3.0

Rated by 124 employees for salary & benefits

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

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

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

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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HDFC Life Deputy Manager Salary FAQs

What is the salary of Deputy Manager at HDFC Life?

Deputy Manager salary at HDFC Life in India ranges between ₹3.5 Lakhs to ₹12.1 Lakhs for experience between 2 years to 15 years. According to our estimates it is 16% less than the average Deputy Manager Salary in India. Salary estimates are based on 728 latest salaries received from various employees of HDFC Life India.

How does the salary of a Deputy Manager at HDFC Life India compare with the average salary range for this job?

The average salary of a Deputy Manager at HDFC Life is 16% less than the average salary of a Deputy Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Deputy Manager at HDFC Life?

Life Insurance, Training, MIS, Product Training and Sales Training are some of the popular skills required to work as a Deputy Manager at HDFC Life India.

Which similar companies are paying more than HDFC Life to a Deputy Manager in India?

Swiss Re Deputy Manager Salary - ₹7.5 Lakhs to ₹32.0 Lakhs per year
The New India Assurance Co. Deputy Manager Salary - ₹17.0 Lakhs to ₹26.0 Lakhs per year
United India Insurance Company Deputy Manager Salary - ₹11.0 Lakhs to ₹24.0 Lakhs per year
The Oriental Insurance Co. Deputy Manager Salary - ₹15.0 Lakhs to ₹21.0 Lakhs per year
Maruti Insurance Broking Deputy Manager Salary - ₹9.8 Lakhs to ₹16.0 Lakhs per year

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

XL Catlin Deputy Manager Salary - ₹8.2 Lakhs to ₹20.0 Lakhs per year
Bajaj Allianz Life Insurance Deputy Manager Salary - ₹4.5 Lakhs to ₹16.7 Lakhs per year
PNB MetLife Deputy Manager Salary - ₹3.9 Lakhs to ₹11.2 Lakhs per year
Reliance Nippon Life Insurance Deputy Manager Salary - ₹3.7 Lakhs to ₹12.4 Lakhs per year
ICICI Lombard General Insurance Company Deputy Manager Salary - ₹4.7 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at HDFC Life ranges between ₹59,136 per month to ₹60,628 per month in India. The take-home salary calculation is based on the average HDFC Life Deputy Manager salary in India which ranges between ₹3.5 Lakhs to ₹12.1 Lakhs per year for employees with experience between 2 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at HDFC Life?

According to AmbitionBox, 58% of the HDFC Life Deputy Managers reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 472 responses on AmbitionBox in last 2 years.

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HDFC Life Deputy Manager Salaries

HDFC Life Deputy Manager salary in India ranges between ₹3.5 Lakhs to ₹12.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 728 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Deputy Manager salaries in India

Companies similar to HDFC Life for Deputy Manager

Latest annual salaries shared by HDFC Life Deputy Manager

Experience wise HDFC Life Deputy Manager salaries

Similar Designation salaries in HDFC Life

Top skills at HDFC Life for Deputy Manager

Salary related reviews for HDFC Life

Deputy Manager in Mumbai

Deputy Manager in Mumbai

Deputy Manager in Lower Parel, Mumbai

Deputy Manager in Bangalore / Bengaluru

Business Development Manager in Vasai-Virar

HDFC Life Deputy Manager Salary FAQs

Tell us how to improve this page.

HDFC Life Deputy Manager Salaries by Location