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HDFC Life

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4.0

based on 8.5k Reviews

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HDFC Life Deputy Manager 1 salaries in India

Annual salary range
3 - 15 years exp.
₹7.2 Lakhs - ₹12 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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63% more than the average Deputy Manager 1 Salary in Insurance Companies for 3 - 15 years of experience

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Last Updated: 14 Mar 2023

Companies similar to HDFC Life for Deputy Manager 1

Company name Avg Annual Salary Open Jobs
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Max Life Insurance Deputy Manager 1 Salary

3 - 5 years exp. (5 salaries)
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₹3.5 L/yr - ₹5.8 L/yr

arrow icon 48% less
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Kotak Mahindara Life Insurance Deputy Manager 1 Salary

3 - 9 years exp. (6 salaries)
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₹2.5 L/yr - ₹5 L/yr

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HDFC Ergo General Insurance Deputy Manager 1 Salary

4 - 11 years exp. (9 salaries)
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₹4.5 L/yr - ₹6.3 L/yr

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Kotak Mahindra General Insurance Deputy Manager 1 Salary

5 - 6 years exp. (3 salaries)
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₹5.5 L/yr - ₹5.9 L/yr

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ICICI Bank Deputy Manager 1 Salary

0 - 11 years exp. (1.3k salaries)
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₹3 L/yr - ₹9.7 L/yr

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Deputy Manager 1 salary at HDFC Life ranges between ₹7.2 Lakhs to ₹12 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Deputy Manager 1

1y ago
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15 years exp.
1y ago
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3 years exp.
1y ago
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5 years exp.

Experience wise HDFC Life Deputy Manager 1 salaries

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹12 L/yr
4 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr
5 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹18.1 L/yr
6 years (AmbitionBox Estimate)

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₹8.8 L/yr - ₹11.2 L/yr
7 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹10.8 L/yr
View all

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₹3.9 L/yr - ₹4.9 L/yr
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(AmbitionBox Estimate)
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₹14.4 L/yr - ₹18.4 L/yr

Salary related reviews for HDFC Life

2.5

Rated by 3 employees for salary & benefits

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.

read 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.

read more

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.

read 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".

read more

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.

read 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

read more

Relationship Manager in Bhubaneswar

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 05 May 2024
2.0
 for  Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

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a technical project manager
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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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HDFC Life Deputy Manager 1 salary in India ranges between ₹7.2 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 HDFC Life latest salaries received from various employees of HDFC Life.