HDFC Life Bangalore / Bengaluru Development Manager Salaries by 3 Employees (Updated 2025)

2 - 6 years exp.

₹3 Lakhs - ₹4.3 Lakhs

Low Confidence

Salary of majority employees

74% less than the average Development Manager Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Development Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.3 L/yr
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Sales & Business Development Development Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.6 L/yr

Last Updated: 31 Jan 2024

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

HDFC Life Development Manager Salary

2 - 6 years exp. (3 salaries)

₹3 L/yr - ₹4.3 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Development Manager Salary 0 - 9 years exp. (24 salaries)	₹2.4 L/yr - ₹4.5 L/yr 12% less
Kotak Mahindara Life Insurance Development Manager Salary 0 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹4 L/yr 10% more
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Standard Chartered Development Manager Salary 7 - 17 years exp. (46 salaries)	₹16.7 L/yr - ₹38.8 L/yr 720% more
FIS Development Manager Salary 13 - 20 years exp. (33 salaries)	₹19.2 L/yr - ₹37.5 L/yr 773% more	2 job openings
Amadeus Development Manager Salary 10 - 16 years exp. (24 salaries)	₹25 L/yr - ₹46.2 L/yr 929% more

Development Manager salary at HDFC Life ranges between ₹3 Lakhs to ₹4.3 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Development Manager salaries in Bangalore / Bengaluru

Last Updated: 31 Jan 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.5 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.3 L/yr

Similar Designation salaries in HDFC Life

Software Engineer Salary

(6 salaries)

₹7 L/yr - ₹13.36 L/yr

Product Manager Salary

(4 salaries)

₹13 L/yr - ₹16.1 L/yr

Top skills at HDFC Life for Development Manager

banca sales Finance Management Life Insurance Channel Sales

Salary related reviews for HDFC Life

HR Manager in Bangalore / Bengaluru

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

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

Associate in Chennai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 24 Nov 2024

1.0

for Salary and Benefits

Likes

I don't like this company

Dislikes

...meters to do that 4. We lost our work life balance 5 My BP showing High 155 6. Huge pressure less salary 7. manager telling us to give 5 start rating for the company 8. Everyone has engaged to pressuries us to do insurance 9. There is no truth about this. 10. Work life balance worst Customer telling us to withdraw policy but Manager telling us to not to do that.

Senior Corporate Agency Manager in Mumbai

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

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

Senior Corporate Agency Manager in Mumbai

Full Time

Other Department

1.0

• posted on 14 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing to like, people keep on absconding, due to no work life balance, irrelevant pressure.

Dislikes

...cy, rejected leaves at last moment even after informing manager 2 months before. * No job security, Manager always ask to resign in front of everyone in team meetings * Bullying regarding salary infront of colleagues, as if paying my salary from their own pocket *

Chief Manager - HR in Mumbai

Full Time

Human Resources Department

4.0

• posted on 04 Oct 2024

4.0

for Salary and Benefits

Likes

Stable company offering secure job. Never ever delays employees salary. Very strong in latest technology adoption. Strong top level management. Learning environment.

Dislikes

No Work life balance in few departments.

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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HDFC Life Development Manager Salary FAQs

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

According to AmbitionBox, 50% of the HDFC Life Development Managers in Bangalore / Bengaluru reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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HDFC Life Development Manager Salaries in Bangalore / Bengaluru

HDFC Life Development Manager salary in Bangalore / Bengaluru ranges between ₹3 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HDFC Life latest salaries received from various employees of HDFC Life.