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HDFC Life Deputy Manager salaries in India (Updated 2025)

Annual salary range
2 - 15 years exp.
₹3.5 Lakhs - ₹12.1 Lakhs
Salary of majority employees
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Fixed (90%)
₹7.1 Lakhs
Variable (10%)
₹0.8 Lakh
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18% less than the average Deputy Manager Salary in Insurance Companies for 2 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Salary
2 - 15 years exp. (199 salaries)
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₹4 L/yr - ₹12.2 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
2 - 15 years exp. (122 salaries)
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₹4.5 L/yr - ₹12 L/yr

Finance & Accounting
Deputy Manager Salary
2 - 13 years exp. (67 salaries)
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₹5 L/yr - ₹12.6 L/yr

Data Science & Analytics
Deputy Manager Salary
2 - 14 years exp. (44 salaries)
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₹5.2 L/yr - ₹14.2 L/yr

Sales & Business Development
Deputy Manager Salary
2 - 15 years exp. (40 salaries)
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₹3.5 L/yr - ₹12.2 L/yr

View all

Last Updated: 21 Mar 2025

Companies similar to HDFC Life for Deputy Manager

Company name Avg Annual Salary Open Jobs
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₹3.2 L/yr - ₹10.3 L/yr

arrow icon 26% less
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Axis Max Life Insurance Deputy Manager Salary

0 - 13 years exp. (795 salaries)

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₹2.4 L/yr - ₹8.7 L/yr

arrow icon 35% less
18 job openings
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₹2 L/yr - ₹5.7 L/yr

arrow icon 49% less
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₹4.5 L/yr - ₹16.5 L/yr

arrow icon 36% more
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₹3 L/yr - ₹7.1 L/yr

arrow icon 34% less
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₹3 L/yr - ₹10 L/yr

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₹3 L/yr - ₹9.5 L/yr

arrow icon 22% less
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SBI General Insurance Deputy Manager Salary

4 - 11 years exp. (158 salaries)

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₹3.7 L/yr - ₹9.7 L/yr

arrow icon 31% less
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PNB MetLife Deputy Manager Salary

4 - 16 years exp. (121 salaries)

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₹3.9 L/yr - ₹12.6 L/yr

arrow icon 1% less
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₹3.7 L/yr - ₹12.4 L/yr

arrow icon 10% less
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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 731 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Deputy Manager

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Experience wise HDFC Life Deputy Manager salaries

Last Updated: 21 Mar 2025

Experience Avg Annual Salary
2 years  (53 salaries)

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₹4.5 L/yr - ₹14.2 L/yr
3 years  (58 salaries)

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₹5.4 L/yr - ₹12.2 L/yr
4 years  (57 salaries)

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₹3.5 L/yr - ₹12.5 L/yr
5 years  (80 salaries)

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₹4.7 L/yr - ₹12.1 L/yr
6 years  (68 salaries)

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₹4.5 L/yr - ₹13 L/yr
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HDFC Life Deputy Manager Salary and Career Growth

From

To

Deputy Manager

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2 - 15 years exp.

Senior Manager

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2 - 20 years exp.

Deputy Manager 2 - 15 years exp.
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Manager 2 - 16 years exp.
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arrow icon 14% hike
    Senior Manager 2 - 20 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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    (AmbitionBox Estimate)
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    (AmbitionBox Estimate)
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    ₹25.2 L/yr - ₹32.2 L/yr
    Branch Manager Salary
    (260 salaries)
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    ₹5.25 L/yr - ₹12.5 L/yr
    Area Manager Salary
    (31 salaries)
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    ₹7.71 L/yr - ₹19 L/yr
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    ₹4.5 L/yr - ₹17 L/yr
    Cluster Manager Salary
    (284 salaries)
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    ₹5 L/yr - ₹12 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 127 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

    Discover interview dos and don'ts from real experiences

    HDFC Life Deputy Manager Salary FAQs

    What is the salary of Deputy Manager at HDFC Life ?
    The average salary of a Deputy Manager at HDFC Life in India typically ranges from ₹3.5 Lakhs to ₹12.1 Lakhs per year, depending on experience (from 2 years to 15 years).

    The top 10% of Deputy Manager at HDFC Life earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Deputy 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 700+ HDFC Life employees in India.
    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 in India typically ranges from ₹58,563 to ₹60,040 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹12.1 Lakhs per year for employees with experience ranging from 2 years to 15 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 700+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Deputy Manager at HDFC Life ?
    To be a Deputy Manager at HDFC Life in india, the key skills required include:

    • - Life Insurance
    • - Training
    • - MIS
    • - Product Training
    • - Sales Training

    These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than HDFC Life for Deputy Manager in India?
    Swiss Re ₹7.5 Lakhs to ₹32.0 Lakhs per year
    The New India Assurance Co. ₹17.0 Lakhs to ₹26.0 Lakhs per year
    United India Insurance Company ₹11.0 Lakhs to ₹24.0 Lakhs per year
    The Oriental Insurance Co. ₹15.0 Lakhs to ₹21.0 Lakhs per year
    Maruti Suzuki Insurance Broking ₹9.8 Lakhs to ₹16.0 Lakhs per year

    These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Life, depending on the role and experience level.
    What is the salary of a Deputy Manager in companies similar to HDFC Life in India?
    The salary of a Deputy Manager at companies similar to HDFC Life in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    XL Catlin ₹8.2 Lakhs to ₹20.0 Lakhs per year
    Bajaj Allianz Life Insurance ₹4.5 Lakhs to ₹16.5 Lakhs per year
    Allianz ₹6.6 Lakhs to ₹12.2 Lakhs per year
    PNB MetLife ₹3.9 Lakhs to ₹12.6 Lakhs per year
    ICICI Lombard General Insurance Company ₹4.7 Lakhs to ₹13.3 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 Manager at HDFC Life in India?
    The salary growth for a Deputy Manager at HDFC Life depends on factors such as experience, performance, and promotions. On average, a Deputy Manager can expect the following growth trajectory at HDFC Life:

    Experience Average Salary Range
    2 years ₹4.5 Lakhs to ₹14.2 Lakhs per year
    3 years ₹5.4 Lakhs to ₹12.2 Lakhs per year
    4 years ₹3.5 Lakhs to ₹12.5 Lakhs per year
    5 years ₹4.7 Lakhs to ₹12.1 Lakhs per year
    and so on.

    Tell us how to improve this page.

    HDFC Life Deputy Manager salary in India ranges between ₹3.5 Lakhs to ₹12.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 731 HDFC Life latest salaries received from various employees of HDFC Life.