HDFC Life Bangalore / Bengaluru Deputy Manager Salaries by 100+ Employees (Updated 2024)

2 - 14 years exp.

₹4.5 Lakhs - ₹11.7 Lakhs

Salary of majority employees

12% less than the average Deputy Manager Salary in Insurance Companies for 2 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 2 - 14 years exp. (31 salaries)	₹5 L/yr - ₹11.2 L/yr
Customer Success, Service & Operations Deputy Manager Salary 2 - 14 years exp. (16 salaries)	₹4.5 L/yr - ₹8.6 L/yr
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Data Science & Analytics Deputy Manager Salary 2 - 14 years exp. (14 salaries)	₹5.3 L/yr - ₹12 L/yr
Finance & Accounting Deputy Manager Salary 2 - 12 years exp. (7 salaries)	₹6.6 L/yr - ₹9.1 L/yr
Marketing & Communication Deputy Manager Salary 4 - 9 years exp. (7 salaries)	₹6.7 L/yr - ₹10 L/yr

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Last Updated: 18 Dec 2024

Companies similar to HDFC Life for Deputy Manager in Bangalore / Bengaluru

HDFC Life Deputy Manager Salary

2 - 14 years exp. (102 salaries)

₹4.5 L/yr - ₹11.7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Deputy Manager Salary 1 - 3 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 36% less
Max Life Insurance Deputy Manager Salary 0 - 13 years exp. (69 salaries)	₹3.3 L/yr - ₹7.5 L/yr 35% less	20 job openings
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Kotak Mahindara Life Insurance Deputy Manager Salary 0 - 9 years exp. (58 salaries)	₹2.5 L/yr - ₹5.5 L/yr 49% less
Bajaj Allianz Life Insurance Deputy Manager Salary 2 - 15 years exp. (12 salaries)	₹6 L/yr - ₹15.5 L/yr 34% more
HDFC Ergo General Insurance Deputy Manager Salary 1 - 13 years exp. (53 salaries)	₹4 L/yr - ₹10 L/yr 26% less
Aditya Birla Sun Life Insurance Deputy Manager Salary 2 - 10 years exp. (6 salaries)	₹3.5 L/yr - ₹9.5 L/yr 15% less
Kotak Mahindra General Insurance Deputy Manager Salary 6 - 8 years exp. (6 salaries)	₹4 L/yr - ₹6.2 L/yr 31% less
Star Health & Allied Insurance Deputy Manager Salary 5 - 13 years exp. (5 salaries)	₹3.7 L/yr - ₹6.5 L/yr 26% less
PNB MetLife Deputy Manager Salary 7 - 15 years exp. (4 salaries)	₹5.5 L/yr - ₹12 L/yr 8% more

Deputy Manager salary at HDFC Life ranges between ₹4.5 Lakhs to ₹11.7 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 102 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Deputy Manager salaries in Bangalore / Bengaluru

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
2 years (8 salaries)	₹6.6 L/yr - ₹11.2 L/yr
3 years (12 salaries)	₹6 L/yr - ₹12.9 L/yr
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4 years (7 salaries)	₹6.2 L/yr - ₹9 L/yr
5 years (10 salaries)	₹5 L/yr - ₹8.6 L/yr
6 years (10 salaries)	₹4.5 L/yr - ₹9.5 L/yr
7 years (5 salaries)	₹5.8 L/yr - ₹8 L/yr
8 years (14 salaries)	₹5 L/yr - ₹10.9 L/yr
9 years (10 salaries)	₹6.5 L/yr - ₹10 L/yr
10 years (7 salaries)	₹5 L/yr - ₹11 L/yr
11 years (3 salaries)	₹6 L/yr - ₹9 L/yr
12 years (6 salaries)	₹4.8 L/yr - ₹11.5 L/yr
13 years (6 salaries)	₹5.6 L/yr - ₹15.3 L/yr
14 years (4 salaries)	₹6.5 L/yr - ₹16.1 L/yr

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From

Deputy Manager

₹

Lakhs/yr

2 - 15 years exp.

Chief Manager

₹

Lakhs/yr

5 - 20 years exp.

Deputy Manager 2 - 15 years exp.

Manager 1 - 16 years exp.

14% hike

Senior Manager 2 - 18 years exp.

53% hike

Similar Designation salaries in HDFC Life

Branch Manager Salary

(24 salaries)

₹6.8 L/yr - ₹11 L/yr

Cluster Manager Salary

(17 salaries)

₹7 L/yr - ₹10.59 L/yr

Team Manager Salary

(5 salaries)

₹4.75 L/yr - ₹7 L/yr

Area Manager Salary

(4 salaries)

₹6 L/yr - ₹14.5 L/yr

Deputy Branch Manager Salary

(3 salaries)

₹6.5 L/yr - ₹8 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

2.5

Rated by 15 employees for salary & benefits

Deputy Manager in Bangalore / Bengaluru

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

Dislikes

Still people resign because of bosses at sales team majorly not because of company or salary,

Deputy Manager in Mumbai

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.

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

Deputy Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Aug 2023

2.0

for Salary and Benefits

Dislikes

... Saturday and Sunday off as they have mentioned holiday at the time of joining. Also I feel there is discrimination in salary increament policy and working time among employees.

Deputy Manager in Lower Parel, Mumbai

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

Dislikes

No promotion even after getting good appraisals. Salary can be improvised

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.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

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 Salary FAQs

What is the salary of Deputy Manager at HDFC Life Bangalore / Bengaluru?

Deputy Manager salary at HDFC Life in Bangalore / Bengaluru ranges between ₹4.5 Lakhs to ₹11.7 Lakhs for experience between 2 years to 14 years. According to our estimates it is 12% less than the average Deputy Manager Salary in India. Salary estimates are based on 102 latest salaries received from various employees of HDFC Life Bangalore / Bengaluru.

How does the salary of a Deputy Manager at HDFC Life Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Deputy Manager at HDFC Life is 12% less than the average salary of a Deputy Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.

What are the top skills required to work as a Deputy Manager at HDFC Life?

Life Insurance, Training, MIS, Product Training and Sales Training are some of the popular skills required to work as a Deputy Manager at HDFC Life Bangalore / Bengaluru.

Which similar companies are paying more than HDFC Life to a Deputy Manager in Bangalore / Bengaluru?

Bajaj Allianz Life Insurance Deputy Manager Salary - ₹6.0 Lakhs to ₹15.5 Lakhs per year
PNB MetLife Deputy Manager Salary - ₹5.5 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Deputy Manager in companies similar to HDFC Life in Bangalore / Bengaluru?

Aditya Birla Sun Life Insurance Deputy Manager Salary - ₹3.5 Lakhs to ₹9.5 Lakhs per year
Star Health & Allied Insurance Deputy Manager Salary - ₹3.7 Lakhs to ₹6.5 Lakhs per year
HDFC Ergo General Insurance Deputy Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindra General Insurance Deputy Manager Salary - ₹4.0 Lakhs to ₹6.2 Lakhs per year
Max Life Insurance Deputy Manager Salary - ₹3.3 Lakhs to ₹7.5 Lakhs per year

What is the estimated take home salary of a Deputy Manager at HDFC Life in Bangalore / Bengaluru?

The estimated take-home salary of a Deputy Manager at HDFC Life ranges between ₹57,213 per month to ₹58,651 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average HDFC Life Deputy Manager salary in India which ranges between ₹4.5 Lakhs to ₹11.7 Lakhs per year for employees with experience between 2 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at HDFC Life in Bangalore / Bengaluru?

According to AmbitionBox, 57% of the HDFC Life Deputy Managers in Bangalore / Bengaluru reported a notice period of 3 Months, 22% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 42 responses on AmbitionBox in last 2 years.

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HDFC Life Deputy Manager Salaries in Bangalore / Bengaluru

HDFC Life Deputy Manager salary in Bangalore / Bengaluru ranges between ₹4.5 Lakhs to ₹11.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 102 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Deputy Manager salaries in Bangalore / Bengaluru

Companies similar to HDFC Life for Deputy Manager in Bangalore / Bengaluru

Latest annual salaries shared by HDFC Life Deputy Manager in Bangalore / Bengaluru

Experience wise HDFC Life Deputy Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in HDFC Life

Top skills at HDFC Life for Deputy Manager

Salary related reviews for HDFC Life

Deputy Manager in Bangalore / Bengaluru

Deputy Manager in Mumbai

Deputy Manager in Mumbai

Deputy Manager in Lower Parel, Mumbai

Business Development Manager in Vasai-Virar

HDFC Life Deputy Manager Salary FAQs

Tell us how to improve this page.