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HDFC Life Development Manager salaries in India

Annual salary range
0 - 6 years exp.
₹2.6 Lakhs - ₹4.3 Lakhs
Salary of majority employees
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75% less than the average Development Manager Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Sales & Business Development
Development Manager Salary
1 - 6 years exp. (7 salaries)
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₹3 L/yr - ₹4 L/yr

BFSI, Investments & Trading
Development Manager Salary
0 - 6 years exp. (6 salaries)
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₹2.6 L/yr - ₹4.3 L/yr

Last Updated: 19 Feb 2025

Companies similar to HDFC Life for Development Manager

Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹4.6 L/yr

arrow icon 19% more
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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 1% more
2 job openings
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Max Life Insurance Development Manager Salary

0 - 12 years exp. (42 salaries)

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₹2.7 L/yr - ₹5.1 L/yr

arrow icon 21% more
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₹3.3 L/yr - ₹5 L/yr

arrow icon 26% more
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₹3.5 L/yr - ₹4.5 L/yr

arrow icon 23% more
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₹1.9 L/yr - ₹4.1 L/yr

arrow icon 14% less
2 job openings
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₹4.5 L/yr - ₹17 L/yr

arrow icon 184% more
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₹2.8 L/yr - ₹4.3 L/yr

arrow icon 1% more
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₹5 L/yr - ₹6.7 L/yr

arrow icon 74% more
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₹3.7 L/yr - ₹4 L/yr

arrow icon 13% more
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₹1.8 L/yr - ₹7 L/yr

arrow icon 21% more
Development Manager salary at HDFC Life ranges between ₹2.6 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 18 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Development Manager

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Experience wise HDFC Life Development Manager salaries

Last Updated: 19 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.8 L/yr - ₹5.8 L/yr
1 year  (3 salaries)

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₹2.8 L/yr - ₹5.8 L/yr
2 years (AmbitionBox Estimate)

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₹3 L/yr - ₹4 L/yr
3 years  (4 salaries)

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₹3 L/yr - ₹4.3 L/yr
4 years  (4 salaries)

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₹3 L/yr - ₹4 L/yr
View all

Similar Designation salaries in HDFC Life

Delivery Manager Salary
(AmbitionBox Estimate)
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₹21.4 L/yr - ₹27.4 L/yr
Project Manager Salary
(19 salaries)
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₹6.56 L/yr - ₹18 L/yr
Product Manager Salary
(76 salaries)
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₹7.5 L/yr - ₹20 L/yr
Software Development Manager Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
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₹12 L/yr - ₹25 L/yr
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₹8.8 L/yr - ₹22.6 L/yr
Scrum Master Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
Technical Project Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr
Senior Technical Manager Salary
(AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr
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₹6.5 L/yr - ₹16.4 L/yr

Top skills at HDFC Life for Development Manager

banca sales Finance Management Life Insurance Channel Sales

Salary related reviews for HDFC Life

4.7

Rated by 6 employees for salary & benefits

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.

read more
  • 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.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 09 Feb 2025

4.0
 for  Salary and Benefits

Likes

Salary credited process is very good Working culture is Average good

  • Salary - Good
  • +1 more

Dislikes

HR is very irresponsible or no one Hr's not responding any reply by call or emails, they ignoring all employees calls, messages and emails...

read more
  • Job security - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 27 Jan 2025

1.0
 for  Salary and Benefits

Likes

There is nothing to like about this company

Dislikes

HDFC Life primarily exploits its employees by imposing excessive work pressure and making unnecessary salary deductions. They promise promotions twice a year, but these commitments are often ignored due to office politics. There is a notable lack of job security, and the company does not provide any training during the induction process. Employees are expected to perform tasks without proper guidance. The company culture is poor; it relies solely on its brand name while subjecting employees to undue stress. There is a lack of transparency regarding targets and achievements, leading to significant mental pressure. As a result, the work-life balance is severely affected, and most employees do not feel valued in this environment.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Other Department

3.0
  •  posted on 07 Dec 2024

1.0
 for  Salary and Benefits

Likes

Nothing great to vouch for, strong in processes only for front line people. HDFC. Salary will br creditrd on time just like other big corporates

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Dislikes

No work life balance and respect, tremendous pressure.. Should do work like robot. For managers rules will be bent, for front line employees they will be very rigid with rules. Double standards

read more
  • Salary - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 08 Nov 2024

4.0
 for  Salary and Benefits

Likes

Skill development is good more knowledge we gets about product clearly

  • Salary - Good
  • +3 more

Dislikes

...nsent about the employee only they listen what our bosses say not to employees, Higher New employees giving higher designation and salary hike instade of give to our old employees

read more
  • Promotions - Bad
  • +2 more
see more salary related reviews

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HDFC Life Development Manager Salary FAQs

What is the salary of Development Manager at HDFC Life?
Development Manager salary at HDFC Life in India ranges between ₹2.6 Lakhs to ₹4.3 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 75% less than the average Development Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of HDFC Life India.
How does the salary of a Development Manager at HDFC Life India compare with the average salary range for this job?
The average salary of a Development Manager at HDFC Life is 75% less than the average salary of a Development Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Development Manager at HDFC Life?
banca sales, Finance, Management, Life Insurance and Channel Sales are some of the popular skills required to work as a Development Manager at HDFC Life India.
Which similar companies are paying more than HDFC Life to a Development Manager in India?
  • Tata AIA Life Insurance Development Manager Salary - ₹4.5 Lakhs to ₹17.0 Lakhs per year
  • HDFC Ergo General Insurance Development Manager Salary - ₹5.0 Lakhs to ₹6.7 Lakhs per year
  • Kotak Mahindara Life Insurance Development Manager Salary - ₹3.3 Lakhs to ₹5.0 Lakhs per year
  • Bajaj Allianz Life Insurance Development Manager Salary - ₹3.5 Lakhs to ₹4.5 Lakhs per year
  • Star Health & Allied Insurance Development Manager Salary - ₹1.8 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Development Manager in companies similar to HDFC Life in India?
  • Max Life Insurance Development Manager Salary - ₹2.7 Lakhs to ₹5.1 Lakhs per year
  • ICICI Prudential Life Insurance Development Manager Salary - ₹2.2 Lakhs to ₹4.6 Lakhs per year
  • Shriram Life Insurance Development Manager Salary - ₹3.7 Lakhs to ₹4.0 Lakhs per year
  • ICICI Lombard General Insurance Company Development Manager Salary - ₹2.8 Lakhs to ₹4.3 Lakhs per year
  • SBI Life Insurance Company Development Manager Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Development Manager at HDFC Life in India?
The estimated take-home salary of a Development Manager at HDFC Life ranges between ₹23,646 per month to ₹25,105 per month in India. The take-home salary calculation is based on the average HDFC Life Development Manager salary in India which ranges between ₹2.6 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Development Manager at HDFC Life?
According to AmbitionBox, 54% of the HDFC Life Development Managers reported a notice period of 1 Month, 34% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 26 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Development Manager salary in India ranges between ₹2.6 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 HDFC Life latest salaries received from various employees of HDFC Life.