HDFC Life Chennai Deputy Manager Salaries by 40+ Employees (Updated 2025)

1 - 15 years exp.

₹4.5 Lakhs - ₹12 Lakhs

Salary of majority employees

16% less than the average Deputy Manager Salary in Insurance Companies for 1 - 15 years of experience

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Salaries in different departments

Customer Success, Service & Operations Deputy Manager Salary 6 - 14 years exp. (10 salaries)	₹4.8 L/yr - ₹8.2 L/yr
BFSI, Investments & Trading Deputy Manager Salary 5 - 9 years exp. (7 salaries)	₹4.7 L/yr - ₹8.2 L/yr
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Finance & Accounting Deputy Manager Salary 6 - 10 years exp. (5 salaries)	₹4.6 L/yr - ₹8.9 L/yr
Human Resources Deputy Manager Salary 8 - 11 years exp. (3 salaries)	₹6 L/yr - ₹7.7 L/yr
Teaching & Training Deputy Manager Salary 2 - 15 years exp. (3 salaries)	₹6.4 L/yr - ₹8.8 L/yr

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Last Updated: 25 Jan 2025

Companies similar to HDFC Life for Deputy Manager in Chennai

HDFC Life Deputy Manager Salary

1 - 15 years exp. (40 salaries)

₹4.5 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
Max Life Insurance Deputy Manager Salary 1 - 13 years exp. (34 salaries)	₹3 L/yr - ₹6.1 L/yr 29% less	20 job openings
Kotak Mahindara Life Insurance Deputy Manager Salary 0 - 8 years exp. (54 salaries)	₹2.5 L/yr - ₹5.5 L/yr 44% less	2 job openings
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Star Health & Allied Insurance Deputy Manager Salary 2 - 13 years exp. (118 salaries)	₹3 L/yr - ₹8.3 L/yr 21% less
HDFC Ergo General Insurance Deputy Manager Salary 0 - 13 years exp. (51 salaries)	₹3.1 L/yr - ₹9 L/yr 19% less
Kotak Mahindra General Insurance Deputy Manager Salary 6 - 11 years exp. (7 salaries)	₹4.8 L/yr - ₹5.5 L/yr 24% less
PNB MetLife Deputy Manager Salary 6 - 16 years exp. (7 salaries)	₹6 L/yr - ₹8 L/yr 4% more	1 job opening
Aditya Birla Sun Life Insurance Deputy Manager Salary 3 - 10 years exp. (3 salaries)	₹5 L/yr - ₹7.4 L/yr 10% less

Deputy Manager salary at HDFC Life ranges between ₹4.5 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 40 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Deputy Manager salaries in Chennai

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹11 L/yr
2 years (3 salaries)	₹4.5 L/yr - ₹9.8 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹12 L/yr
4 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.8 L/yr
6 years (5 salaries)	₹4.6 L/yr - ₹11.7 L/yr
7 years (3 salaries)	₹4.7 L/yr - ₹7.5 L/yr
8 years (6 salaries)	₹4.8 L/yr - ₹7.7 L/yr
9 years (5 salaries)	₹5.3 L/yr - ₹8.2 L/yr
10 years (3 salaries)	₹5.3 L/yr - ₹7.3 L/yr
11 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹7.5 L/yr
12 years (4 salaries)	₹4.9 L/yr - ₹11 L/yr
13 years (3 salaries)	₹5.1 L/yr - ₹14.1 L/yr
14 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹14.8 L/yr
15+ years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.8 L/yr

View all

From

Deputy Manager

₹

Lakhs/yr

0 - 15 years exp.

Senior Manager

₹

Lakhs/yr

2 - 18 years exp.

Deputy Manager 0 - 15 years exp.

Manager 2 - 16 years exp.

14% hike

Senior Manager 2 - 18 years exp.

55% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDFC Life

Branch Manager Salary

(28 salaries)

₹6.35 L/yr - ₹11.55 L/yr

Cluster Manager Salary

(9 salaries)

₹6.75 L/yr - ₹11 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

3.5

Rated by 3 employees for salary & benefits

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.

Job security - Good

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

Salary - Bad

+5 more

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.

Salary - Poor

+3 more

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

Skill development - Excellent

+1 more

Dislikes

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

Promotions - Poor

+1 more

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

Work satisfaction - Excellent

+1 more

Dislikes

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

Skill development - Bad

+2 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

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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HDFC Life Deputy Manager Salary FAQs

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

Deputy Manager salary at HDFC Life in Chennai ranges between ₹4.5 Lakhs to ₹12.0 Lakhs for experience between 1 years to 15 years. According to our estimates it is 16% less than the average Deputy Manager Salary in India. Salary estimates are based on 40 latest salaries received from various employees of HDFC Life Chennai.

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

The average salary of a Deputy Manager at HDFC Life is 16% less than the average salary of a Deputy Manager in Chennai. 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 Chennai.

Which similar companies are paying more than HDFC Life to a Deputy Manager in Chennai?

PNB MetLife Deputy Manager Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Deputy Manager in companies similar to HDFC Life in Chennai?

Aditya Birla Sun Life Insurance Deputy Manager Salary - ₹5.0 Lakhs to ₹7.4 Lakhs per year
HDFC Ergo General Insurance Deputy Manager Salary - ₹3.1 Lakhs to ₹9.0 Lakhs per year
Star Health & Allied Insurance Deputy Manager Salary - ₹3.0 Lakhs to ₹8.3 Lakhs per year
Kotak Mahindra General Insurance Deputy Manager Salary - ₹4.8 Lakhs to ₹5.5 Lakhs per year
Max Life Insurance Deputy Manager Salary - ₹3.0 Lakhs to ₹6.1 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at HDFC Life ranges between ₹53,487 per month to ₹54,820 per month in Chennai. The take-home salary calculation is based on the average HDFC Life Deputy Manager salary in India which ranges between ₹4.5 Lakhs to ₹12.0 Lakhs per year for employees with experience between 1 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at HDFC Life in Chennai?

According to AmbitionBox, 59% of the HDFC Life Deputy Managers in Chennai reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 27 responses on AmbitionBox in last 2 years.

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HDFC Life Deputy Manager Salaries in Chennai

HDFC Life Deputy Manager salary in Chennai ranges between ₹4.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 HDFC Life latest salaries received from various employees of HDFC Life.