HDFC Life Deputy Manager Procurement Salaries by 4 Employees

9 - 10 years exp.

₹5.6 Lakhs - ₹9.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

28% less than the average Deputy Manager Procurement Salary in Insurance Companies for 9 - 10 years of experience

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Last Updated: 12 Mar 2023

Companies similar to HDFC Life for Deputy Manager Procurement

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Deputy Manager Procurement Salary 15 - 18 years exp. (3 salaries)	₹10.8 L/yr - ₹18.3 L/yr 67% more
Schneider Electric Deputy Manager Procurement Salary 4 - 10 years exp. (19 salaries)	₹6.4 L/yr - ₹9.5 L/yr 4% less
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Mahindra & Mahindra Deputy Manager Procurement Salary 3 - 16 years exp. (16 salaries)	₹8 L/yr - ₹15 L/yr 39% more
Kirloskar Brothers Deputy Manager Procurement Salary 4 - 12 years exp. (16 salaries)	₹4.7 L/yr - ₹8.6 L/yr 19% less
Thermax Limited Deputy Manager Procurement Salary 11 - 17 years exp. (12 salaries)	₹9.2 L/yr - ₹16 L/yr 78% more

Deputy Manager Procurement salary at HDFC Life ranges between ₹5.6 Lakhs to ₹9.7 Lakhs per year for employees with experience between 9 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Deputy Manager Procurement salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
Login to view exact salary
10 years (3 salaries)	₹5.6 L/yr - ₹9.7 L/yr

Similar Designation salaries in HDFC Life

Procurement Associate Salary

(5 salaries)

₹2 L/yr - ₹3.45 L/yr

Counsellor Salary

(4 salaries)

₹1.05 L/yr - ₹5 L/yr

Management Trainee Operations Salary

(4 salaries)

₹9.7 L/yr - ₹9.8 L/yr

Procurement Executive Salary

(4 salaries)

₹2.52 L/yr - ₹3.5 L/yr

Assistant Manager Procurement Salary

(4 salaries)

₹5.2 L/yr - ₹7.5 L/yr

Procurement Manager Salary

(4 salaries)

₹11.5 L/yr - ₹12.85 L/yr

Commercial Executive Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Associate Manager Procurement Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Procurement Coordinator Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Manager SCM Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Top skills at HDFC Life for Deputy Manager Procurement

Procurement Purchase Planning Negotiation Procurement management IT Procurement Purchase

Salary related reviews for HDFC Life

3.0

Rated by 2 employees for salary & benefits

Counsellor in Pathankot

Insurance Department

5.0

• posted on 26 Jun 2019

2.0

for Salary and Benefits

Likes

...and colleagues. I worked there as a telecaller and then promoted as Team leader. I learnt my new things in that organisation and my salary was 15k per month. There was a team work and very good environment. We do work in a team and then team becomes like family.

Skill development - Good

+2 more

Dislikes

The work pressure is very high but one thing that I dislike the most is weekly off. There is no weekly off and we have to come even on Sunday. At one stage a person got fed-up with their life.

Salary - Poor

Sales Manager in Cuttack

Full Time

CSR & Social Service Department

4.0

• posted on 23 Mar 2025

2.0

for Salary and Benefits

Likes

The company has lots of data, They r learning you in first stage and after that they r find a way to indicate you wrongly.

Job security - Good

Dislikes

Less salary, no support from trainer, biggest layers, no leaves, no support from L1 and above, no motivation only needed business, so if u r afresher think twice before joining.

Salary - Poor

Corporate Agency Manager in Karnal

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 13 Mar 2025

3.0

for Salary and Benefits

Likes

Job security is the thing which i can say is good. Working culture is somewhat good.

Skill development - Good

+3 more

Dislikes

Salary hike is not so good like 4 to 5 percent annually only. There is no skill development options, you have to go in the morning and come back at the evening and this happens daily nothing new.

Sr.CAM in New Delhi

Full Time

Other Department

5.0

• posted on 02 Mar 2025

5.0

for Salary and Benefits

Likes

HDFC Life is known for its supportive work culture, career growth opportunities, competitive pay, job security, and decent work-life balance.

Salary - Excellent

+6 more

Dislikes

The login process should be more seamless to ensure minimal disruption for customers, providing a smoother and more efficient experience.

Senior Corporate Agency Manager in Tirunelveli

Full Time

Sales & Business Development Department

4.0

• posted on 28 Feb 2025

3.0

for Salary and Benefits

Likes

In HDFC Life There is time to work life balance. There is no more such pressure about Targets (Depends upon L1 Manager). The brand value is easy to convert among competitors.

Job security - Excellent

+3 more

Dislikes

Salary is very low which is mentioned in payslip. Even HR also didn't know about employees salary. HR department is very week and they didn't care about employees. Very worst department in HDFC LIFE.

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Life Deputy Manager Procurement Salary FAQs

What is the salary of Deputy Manager Procurement at HDFC Life ?

The average salary of a Deputy Manager Procurement at HDFC Life in India typically ranges from ₹5.6 Lakhs to ₹9.7 Lakhs per year, depending on experience (from 9 years to 10 years).

The top 10% of Deputy Manager Procurement at HDFC Life earn more than ₹9.7 Lakhs per year, and the top 1% earn over ₹9.7 Lakhs per year. Deputy Manager Procurement 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 4 HDFC Life employees in India.

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

The estimated take-home salary of a Deputy Manager Procurement at HDFC Life in India typically ranges from ₹60,884 to ₹62,426 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹9.7 Lakhs per year for employees with experience ranging from 9 years to 10 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 4 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 Procurement at HDFC Life ?

To be a Deputy Manager Procurement at HDFC Life in india, the key skills required include:

- Procurement
- Purchase Planning
- Negotiation
- Procurement management
- IT Procurement

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 Procurement in India?

Thermax Limited	₹9.2 Lakhs to ₹16.0 Lakhs per year
Bajaj Allianz Life Insurance	₹10.8 Lakhs to ₹18.3 Lakhs per year
Mahindra & Mahindra	₹8.0 Lakhs to ₹15.0 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 Procurement in companies similar to HDFC Life in India?

The salary of a Deputy Manager Procurement at companies similar to HDFC Life in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Schneider Electric	₹6.4 Lakhs to ₹9.5 Lakhs per year
Kirloskar Brothers	₹4.7 Lakhs to ₹8.6 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 Procurement at HDFC Life in India?

The salary growth for a Deputy Manager Procurement at HDFC Life depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Procurement can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
9 years	₹7.8 Lakhs to ₹10.0 Lakhs per year
10 years	₹5.6 Lakhs to ₹9.7 Lakhs per year

and so on.

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HDFC Life Deputy Manager Procurement Salaries

HDFC Life Deputy Manager Procurement salary in India ranges between ₹5.6 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.