HDFC Life Deputy Manager Grade 2 Salaries by 8 Employees (Updated 2025)

8 - 14 years exp.

₹5.2 Lakhs - ₹7.3 Lakhs

Low Confidence

Salary of majority employees

5% less than the average Deputy Manager Grade 2 Salary in Insurance Companies for 8 - 14 years of experience

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Salaries in different departments

Customer Success, Service & Operations Deputy Manager Grade 2 Salary 9 - 14 years exp. (4 salaries)	₹6.1 L/yr - ₹7.3 L/yr
Finance & Accounting Deputy Manager Grade 2 Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
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Administration & Facilities Deputy Manager Grade 2 Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.1 L/yr

Last Updated: 28 Nov 2024

Companies similar to HDFC Life for Deputy Manager Grade 2

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Deputy Manager Grade 2 Salary 0 - 6 years exp. (41 salaries)	₹2.1 L/yr - ₹5 L/yr 48% less
Bajaj Allianz Life Insurance Deputy Manager Grade 2 Salary 7 - 16 years exp. (4 salaries)	₹6.3 L/yr - ₹10 L/yr 26% more
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HDFC Ergo General Insurance Deputy Manager Grade 2 Salary 2 - 14 years exp. (37 salaries)	₹4.5 L/yr - ₹8.3 L/yr 11% less
ICICI Lombard General Insurance Company Deputy Manager Grade 2 Salary 7 - 10 years exp. (3 salaries)	₹4 L/yr - ₹6.5 L/yr 15% less
Kotak Mahindra General Insurance Deputy Manager Grade 2 Salary 9 - 11 years exp. (3 salaries)	₹5.5 L/yr - ₹7.1 L/yr 10% less

Deputy Manager Grade 2 salary at HDFC Life ranges between ₹5.2 Lakhs to ₹7.3 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 8 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Deputy Manager Grade 2 salaries

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹10.3 L/yr
9 years (3 salaries)	₹5.2 L/yr - ₹6.2 L/yr
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10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.8 L/yr
11 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.2 L/yr
12 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7 L/yr
13 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.3 L/yr
14 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.5 L/yr

View all

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Salary related reviews for HDFC Life

3.0

Rated by 1 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.

Skill development - Excellent

+2 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.

Promotions - Poor

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.

Salary - Bad

+6 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

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".

Job security - Excellent

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.

Salary - Bad

+4 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

Skill development - Poor

+5 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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HDFC Life Deputy Manager Grade 2 Salary FAQs

What is the salary of Deputy Manager Grade 2 at HDFC Life?

Deputy Manager Grade 2 salary at HDFC Life in India ranges between ₹5.2 Lakhs to ₹7.3 Lakhs for experience between 8 years to 14 years. According to our estimates it is 5% less than the average Deputy Manager Grade 2 Salary in India. Salary estimates are based on 8 latest salaries received from various employees of HDFC Life India.

How does the salary of a Deputy Manager Grade 2 at HDFC Life India compare with the average salary range for this job?

The average salary of a Deputy Manager Grade 2 at HDFC Life is 5% less than the average salary of a Deputy Manager Grade 2 in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Deputy Manager Grade 2 in India?

Bajaj Allianz Life Insurance Deputy Manager Grade 2 Salary - ₹6.3 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Deputy Manager Grade 2 in companies similar to HDFC Life in India?

Kotak Mahindra General Insurance Deputy Manager Grade 2 Salary - ₹5.5 Lakhs to ₹7.1 Lakhs per year
HDFC Ergo General Insurance Deputy Manager Grade 2 Salary - ₹4.5 Lakhs to ₹8.3 Lakhs per year
ICICI Lombard General Insurance Company Deputy Manager Grade 2 Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
Kotak Mahindara Life Insurance Deputy Manager Grade 2 Salary - ₹2.1 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Deputy Manager Grade 2 at HDFC Life in India?

The estimated take-home salary of a Deputy Manager Grade 2 at HDFC Life ranges between ₹49,178 per month to ₹50,340 per month in India. The take-home salary calculation is based on the average HDFC Life Deputy Manager Grade 2 salary in India which ranges between ₹5.2 Lakhs to ₹7.3 Lakhs per year for employees with experience between 8 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager Grade 2 at HDFC Life?

According to AmbitionBox, 44% of the HDFC Life Deputy Manager Grade 2s reported a notice period of 3 Months, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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HDFC Life Deputy Manager Grade 2 Salaries

HDFC Life Deputy Manager Grade 2 salary in India ranges between ₹5.2 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 HDFC Life latest salaries received from various employees of HDFC Life.