HDFC Life Mumbai Deputy Manager Product Development Salaries by 3 Employees

8 - 10 years exp.

₹9.6 Lakhs - ₹10.7 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

13% more than the average Deputy Manager Product Development Salary in Insurance Companies for 8 - 10 years of experience

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Last Updated: 26 Nov 2023

Companies similar to HDFC Life for Deputy Manager Product Development in Mumbai

HDFC Life Deputy Manager Product Development Salary

8 - 10 years exp. (3 salaries)

₹9.6 L/yr - ₹10.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Sharekhan Deputy Manager Product Development Salary 6 - 15 years exp. (4 salaries)	₹7.2 L/yr - ₹15 L/yr 9% more
Universal Sompo General Insurance Deputy Manager Product Development Salary 4 - 17 years exp. (4 salaries)	₹10 L/yr - ₹10.5 L/yr 3% more
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Sutlej Textiles and Industries Deputy Manager Product Development Salary 4 - 7 years exp. (3 salaries)	₹10.5 L/yr - ₹12.5 L/yr 12% more
Saregama India Deputy Manager Product Development Salary 2 - 7 years exp. (3 salaries)	₹7.2 L/yr - ₹10 L/yr 11% less
National Payments Corporation of India Deputy Manager Product Development Salary 4 - 9 years exp. (3 salaries)	₹7.5 L/yr - ₹10.5 L/yr 11% less

Deputy Manager Product Development salary at HDFC Life ranges between ₹9.6 Lakhs to ₹10.7 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Deputy Manager Product Development salaries in Mumbai

Last Updated: 26 Nov 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
9 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
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10 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr

Salary related reviews for HDFC Life

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.

Business Development Manager in Bijnor

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.

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.

Salary - Bad

+4 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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HDFC Life Deputy Manager Product Development Salary FAQs

How the salary growth look like for a Deputy Manager Product Development at HDFC Life in Mumbai?

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

Experience	Average Salary Range
8 years	₹8.6 Lakhs to ₹11.0 Lakhs per year
9 years	₹8.6 Lakhs to ₹11.0 Lakhs per year
10 years	₹9.6 Lakhs to ₹12.3 Lakhs per year

and so on.

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HDFC Life Deputy Manager Product Development Salaries in Mumbai

HDFC Life Deputy Manager Product Development salary in Mumbai ranges between ₹9.6 Lakhs to ₹10.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HDFC Life latest salaries received from various employees of HDFC Life.