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HDFC Life Deputy Manager salaries in India (Updated 2025)

Annual salary range
0 - 15 years exp.
₹3.5 Lakhs - ₹12.2 Lakhs
Salary of majority employees
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Fixed (90%)
₹7.2 Lakhs
Variable (10%)
₹0.7 Lakh
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17% less than the average Deputy Manager Salary in Insurance Companies for 0 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Salary
0 - 15 years exp. (212 salaries)
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₹4 L/yr - ₹12.3 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
0 - 15 years exp. (133 salaries)
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₹4.5 L/yr - ₹12.2 L/yr

Finance & Accounting
Deputy Manager Salary
0 - 15 years exp. (76 salaries)
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₹4.6 L/yr - ₹12.6 L/yr

Sales & Business Development
Deputy Manager Salary
0 - 15 years exp. (51 salaries)
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₹3.5 L/yr - ₹12.6 L/yr

Data Science & Analytics
Deputy Manager Salary
0 - 14 years exp. (47 salaries)
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₹5.2 L/yr - ₹14.2 L/yr

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Last Updated: 28 Feb 2025

Companies similar to HDFC Life for Deputy Manager

Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹8 L/yr

arrow icon 39% less
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₹2.5 L/yr - ₹10 L/yr

arrow icon 20% less
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Max Life Insurance Deputy Manager Salary

0 - 13 years exp. (793 salaries)

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₹2.4 L/yr - ₹8.7 L/yr

arrow icon 36% less
12 job openings
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₹2.3 L/yr - ₹5.7 L/yr

arrow icon 48% less
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₹4.5 L/yr - ₹16 L/yr

arrow icon 31% more
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₹3.2 L/yr - ₹10.3 L/yr

arrow icon 26% less
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₹3 L/yr - ₹7.3 L/yr

arrow icon 34% less
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₹3 L/yr - ₹9.3 L/yr

arrow icon 24% less
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₹2.9 L/yr - ₹10 L/yr

arrow icon 24% less
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PNB MetLife Deputy Manager Salary

4 - 16 years exp. (119 salaries)

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₹3.9 L/yr - ₹12.6 L/yr

arrow icon 2% less
1 job opening
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Deputy Manager salary at HDFC Life ranges between ₹3.5 Lakhs to ₹12.2 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 818 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Deputy Manager

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11 years exp.
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9 months exp.
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7 years exp.
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11 years exp.
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10 years exp.
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9 years exp.
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7 years exp.
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Experience wise HDFC Life Deputy Manager salaries

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
Fresher  (16 salaries)

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₹4.1 L/yr - ₹11 L/yr
1 year  (70 salaries)

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₹4.5 L/yr - ₹13 L/yr
2 years  (52 salaries)

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₹4.5 L/yr - ₹14.1 L/yr
3 years  (56 salaries)

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₹5.4 L/yr - ₹12.2 L/yr
4 years  (55 salaries)

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₹3.5 L/yr - ₹12.5 L/yr
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HDFC Life Deputy Manager Salary and Career Growth

From

To

Deputy Manager

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0 - 15 years exp.

Senior Manager

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2 - 18 years exp.

Deputy Manager 0 - 15 years exp.
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Manager 2 - 16 years exp.
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arrow icon 15% hike
    Senior Manager 2 - 18 years exp.
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    arrow icon 53% 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.

    Similar Designation salaries in HDFC Life

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    ₹3.45 L/yr - ₹8.21 L/yr
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    (AmbitionBox Estimate)
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    (AmbitionBox Estimate)
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    ₹25.2 L/yr - ₹32.2 L/yr
    Branch Manager Salary
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    ₹5.25 L/yr - ₹12.5 L/yr
    Area Manager Salary
    (26 salaries)
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    ₹3.2 L/yr - ₹12.6 L/yr
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    ₹4.5 L/yr - ₹17 L/yr
    Cluster Manager Salary
    (299 salaries)
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    ₹5 L/yr - ₹12.25 L/yr
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    ₹2.35 L/yr - ₹3.15 L/yr
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    ₹5 L/yr - ₹8 L/yr
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    ₹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 126 employees for salary & benefits

    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

    read more
    • Salary - Bad
    • +5 more

    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

    read more
    • Skill development - Excellent
    • +1 more

    Dislikes

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

    read more
    • Promotions - Poor
    • +1 more

    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

    read more
    • Work satisfaction - Excellent
    • +1 more

    Dislikes

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

    read more
    • Skill development - Bad
    • +2 more

    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.

    read more
    • 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.

    read more
    • Salary - Bad
    • +4 more

    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.

    read more
    • Work satisfaction - Bad
    • +2 more
    see more salary related reviews

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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 ₹12.2 Lakhs for less than 1 year of experience to 15 years. According to our estimates it is 17% less than the average Deputy Manager Salary in India. Salary estimates are based on 818 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 17% 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 Suzuki 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 ₹16.0 Lakhs per year
    • PNB MetLife Deputy Manager Salary - ₹3.9 Lakhs to ₹12.6 Lakhs per year
    • ICICI Lombard General Insurance Company Deputy Manager Salary - ₹4.7 Lakhs to ₹13.3 Lakhs per year
    • Reliance Nippon Life Insurance Deputy Manager Salary - ₹3.7 Lakhs to ₹12.4 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 ₹58,680 per month to ₹60,160 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 ₹12.2 Lakhs per year for employees with less than 1 year of experience 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 476 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    HDFC Life Deputy Manager salary in India ranges between ₹3.5 Lakhs to ₹12.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 818 HDFC Life latest salaries received from various employees of HDFC Life.