HDFC Life Mumbai Deputy Manager Salaries by 400+ Employees (Updated 2025)

0 - 15 years exp.

₹3.5 Lakhs - ₹14.4 Lakhs

Salary of majority employees

Fixed (90%)

₹7.3 Lakhs

Variable (10%)

₹0.8 Lakh

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6% less than the average Deputy Manager Salary in Insurance Companies for 0 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 0 - 14 years exp. (133 salaries)	Unlock ₹4 L/yr - ₹13.6 L/yr
Customer Success, Service & Operations Deputy Manager Salary 0 - 15 years exp. (83 salaries)	Unlock ₹4.7 L/yr - ₹12.2 L/yr
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Finance & Accounting Deputy Manager Salary 0 - 13 years exp. (58 salaries)	Unlock ₹5 L/yr - ₹12.6 L/yr
Sales & Business Development Deputy Manager Salary 1 - 13 years exp. (30 salaries)	Unlock ₹3.5 L/yr - ₹14.4 L/yr
Data Science & Analytics Deputy Manager Salary 0 - 11 years exp. (27 salaries)	Unlock ₹5.2 L/yr - ₹13 L/yr

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Last Updated: 5 Mar 2025

Companies similar to HDFC Life for Deputy Manager in Mumbai

HDFC Life Deputy Manager Salary

0 - 15 years exp. (477 salaries)

Unlock

₹3.5 L/yr - ₹14.4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Deputy Manager Salary 1 - 7 years exp. (9 salaries)	Unlock ₹3.8 L/yr - ₹8 L/yr 34% less
SBI Life Insurance Company Deputy Manager Salary 2 - 15 years exp. (7 salaries)	Unlock ₹4.5 L/yr - ₹10 L/yr 15% less
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Axis Max Life Insurance Deputy Manager Salary 0 - 13 years exp. (72 salaries)	Unlock ₹3.2 L/yr - ₹7.7 L/yr 36% less	20 job openings
Kotak Mahindara Life Insurance Deputy Manager Salary 0 - 10 years exp. (407 salaries)	Unlock ₹2.3 L/yr - ₹5.7 L/yr 49% less
Bajaj Allianz Life Insurance Deputy Manager Salary 1 - 15 years exp. (69 salaries)	Unlock ₹5 L/yr - ₹16.5 L/yr 31% more
HDFC Ergo General Insurance Deputy Manager Salary 0 - 13 years exp. (256 salaries)	Unlock ₹3.5 L/yr - ₹10.3 L/yr 26% less
Aditya Birla Sun Life Insurance Deputy Manager Salary 2 - 10 years exp. (67 salaries)	Unlock ₹3.2 L/yr - ₹10 L/yr 17% less
Kotak Mahindra General Insurance Deputy Manager Salary 5 - 10 years exp. (67 salaries)	Unlock ₹3 L/yr - ₹7.1 L/yr 36% less
Reliance Nippon Life Insurance Deputy Manager Salary 1 - 17 years exp. (53 salaries)	Unlock ₹3.7 L/yr - ₹14.4 L/yr 6% more
PNB MetLife Deputy Manager Salary 4 - 16 years exp. (48 salaries)	Unlock ₹5.9 L/yr - ₹12.6 L/yr 5% more	1 job opening
SBI General Insurance Deputy Manager Salary 4 - 11 years exp. (28 salaries)	Unlock ₹4.3 L/yr - ₹10.6 L/yr 31% less
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Aditya Birla Insurance Brokers Deputy Manager Salary 4 - 15 years exp. (14 salaries)	Unlock ₹5 L/yr - ₹9.5 L/yr 10% less
Star Health & Allied Insurance Deputy Manager Salary 3 - 13 years exp. (13 salaries)	Unlock ₹4.8 L/yr - ₹7 L/yr 21% less
ICICI Lombard General Insurance Company Deputy Manager Salary 5 - 13 years exp. (9 salaries)	Unlock ₹4.7 L/yr - ₹11 L/yr 10% less
Tata AIA Life Insurance Deputy Manager Salary 3 - 8 years exp. (6 salaries)	Unlock ₹3.2 L/yr - ₹10.5 L/yr 24% less
The New India Assurance Co. Deputy Manager Salary 7 - 13 years exp. (4 salaries)	Unlock ₹20 L/yr - ₹26 L/yr 167% more

Deputy Manager salary at HDFC Life ranges between ₹3.5 Lakhs to ₹14.4 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 477 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Deputy Manager in Mumbai

3d ago

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12 years exp.

1w ago

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11 years exp.

1w ago

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9 months exp.

1w ago

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11 years exp.

2w ago

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10 years exp.

2w ago

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9 years exp.

2w ago

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4 years exp.

2w ago

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6 years exp.

3w ago

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7 years exp.

3w ago

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6 years exp.

Experience wise HDFC Life Deputy Manager salaries in Mumbai

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
Fresher (12 salaries)	Unlock ₹4.1 L/yr - ₹11 L/yr
1 year (39 salaries)	Unlock ₹5 L/yr - ₹13 L/yr
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2 years (24 salaries)	Unlock ₹7.3 L/yr - ₹14.1 L/yr
3 years (32 salaries)	Unlock ₹5.4 L/yr - ₹12.2 L/yr
4 years (35 salaries)	Unlock ₹3.5 L/yr - ₹12.5 L/yr
5 years (47 salaries)	Unlock ₹5.1 L/yr - ₹13.3 L/yr
6 years (40 salaries)	Unlock ₹4.6 L/yr - ₹12 L/yr
7 years (46 salaries)	Unlock ₹4.1 L/yr - ₹13.2 L/yr
8 years (53 salaries)	Unlock ₹4 L/yr - ₹11.7 L/yr
9 years (45 salaries)	Unlock ₹4.7 L/yr - ₹13 L/yr
10 years (41 salaries)	Unlock ₹4.7 L/yr - ₹10.1 L/yr
11 years (26 salaries)	Unlock ₹4.7 L/yr - ₹11.1 L/yr
12 years (18 salaries)	Unlock ₹4.7 L/yr - ₹12.1 L/yr
13 years (13 salaries)	Unlock ₹5.2 L/yr - ₹11.3 L/yr
14 years (3 salaries)	Unlock ₹7 L/yr - ₹9.6 L/yr
15+ years (3 salaries)	Unlock ₹7.4 L/yr - ₹17.1 L/yr

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From

Deputy Manager

₹

Lakhs/yr

0 - 15 years exp.

Senior Manager

₹

Lakhs/yr

2 - 18 years exp.

Deputy Manager 0 - 15 years exp.

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Manager 2 - 16 years exp.

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16% hike

Senior Manager 2 - 18 years exp.

Unlock

52% 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

(30 salaries)

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₹5.5 L/yr - ₹12.5 L/yr

Cluster Manager Salary

(26 salaries)

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₹6 L/yr - ₹11.46 L/yr

Team Manager Salary

(7 salaries)

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₹5 L/yr - ₹14.61 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

3.0

Rated by 56 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 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 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

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

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HDFC Life Deputy Manager Salary FAQs

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

Deputy Manager salary at HDFC Life in Mumbai ranges between ₹3.5 Lakhs to ₹14.4 Lakhs for less than 1 year of experience to 15 years. According to our estimates it is 6% less than the average Deputy Manager Salary in India. Salary estimates are based on 477 latest salaries received from various employees of HDFC Life Mumbai.

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

The average salary of a Deputy Manager at HDFC Life is 6% less than the average salary of a Deputy Manager in Mumbai. 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 Mumbai.

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

The New India Assurance Co. Deputy Manager Salary - ₹20.0 Lakhs to ₹26.0 Lakhs per year
Bajaj Allianz Life Insurance Deputy Manager Salary - ₹5.0 Lakhs to ₹16.5 Lakhs per year
Reliance Nippon Life Insurance Deputy Manager Salary - ₹3.7 Lakhs to ₹14.4 Lakhs per year
PNB MetLife Deputy Manager Salary - ₹5.9 Lakhs to ₹12.6 Lakhs per year

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

ICICI Lombard General Insurance Company Deputy Manager Salary - ₹4.7 Lakhs to ₹11.0 Lakhs per year
Aditya Birla Insurance Brokers Deputy Manager Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year
SBI Life Insurance Company Deputy Manager Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Sun Life Insurance Deputy Manager Salary - ₹3.2 Lakhs to ₹10.0 Lakhs per year
Star Health & Allied Insurance Deputy Manager Salary - ₹4.8 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at HDFC Life ranges between ₹59,435 per month to ₹60,936 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Deputy Manager salary in India which ranges between ₹3.5 Lakhs to ₹14.4 Lakhs per year for employees with less than 1 year of experience to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 66% of the HDFC Life Deputy Managers in Mumbai reported a notice period of 3 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 232 responses on AmbitionBox in last 2 years.

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HDFC Life Deputy Manager Salaries in Mumbai

HDFC Life Deputy Manager salary in Mumbai ranges between ₹3.5 Lakhs to ₹14.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 477 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Deputy Manager salaries in Mumbai (Updated 2025)

Companies similar to HDFC Life for Deputy Manager in Mumbai

Latest annual salaries shared by HDFC Life Deputy Manager in Mumbai

Experience wise HDFC Life Deputy Manager salaries in Mumbai

Similar Designation salaries in HDFC Life

Top skills at HDFC Life for Deputy Manager

Salary related reviews for HDFC Life

Deputy Manager in Mumbai

Deputy Manager in Lower Parel, Mumbai

Deputy Manager in Bangalore / Bengaluru

Business Development Manager in Bijnor

Business Development Manager in Vasai-Virar

HDFC Life Deputy Manager Salary FAQs

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