HDFC Life Mumbai Direct Sales Manager Salaries by 10 Employees

0 - 4 years exp.

₹2.2 Lakhs - ₹3.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

36% less than the average Direct Sales Manager Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Direct Sales Manager Salary 1 - 3 years exp. (4 salaries)	₹2.4 L/yr - ₹3.2 L/yr
Sales & Business Development Direct Sales Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Customer Success, Service & Operations Direct Sales Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹2.9 L/yr
Procurement & Supply Chain Direct Sales Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 7 Oct 2024

Companies similar to HDFC Life for Direct Sales Manager in Mumbai

HDFC Life Direct Sales Manager Salary

0 - 4 years exp. (10 salaries)

₹2.2 L/yr - ₹3.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Sterling Holiday Resort Direct Sales Manager Salary 3 - 7 years exp. (11 salaries)	₹3.9 L/yr - ₹6.1 L/yr 71% more
Mahindra Holidays & Resorts Direct Sales Manager Salary 2 - 9 years exp. (10 salaries)	₹3.5 L/yr - ₹5.8 L/yr 76% more	1 job opening
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Aditya Birla Health Insurance Co Direct Sales Manager Salary 1 - 4 years exp. (10 salaries)	₹3 L/yr - ₹3.5 L/yr 17% more
Anway Innoventures Direct Sales Manager Salary 1 - 7 years exp. (3 salaries)	₹6.8 L/yr - ₹6.9 L/yr 136% more
Club Oxygen Direct Sales Manager Salary 7 - 11 years exp. (3 salaries)	₹4.5 L/yr - ₹5 L/yr 61% more

Direct Sales Manager salary at HDFC Life ranges between ₹2.2 Lakhs to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 10 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Direct Sales Manager salaries in Mumbai

Last Updated: 7 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
1 year (5 salaries)	₹2.2 L/yr - ₹3.3 L/yr
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2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

From

Direct Sales Manager

₹

Lakhs/yr

0 - 4 years exp.

Senior Sales Manager

₹

Lakhs/yr

4 - 14 years exp.

Direct Sales Manager

0 - 4 years exp.

Manager - Financial Planning

0 - 7 years exp.

37% hike

Assistant Sales Manager

1 - 11 years exp.

25% 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

Sales Manager Salary

(91 salaries)

₹2.2 L/yr - ₹7.5 L/yr

Assistant Sales Manager Salary

(50 salaries)

₹3.2 L/yr - ₹5.5 L/yr

Area Manager Salary

(32 salaries)

₹13.3 L/yr - ₹19 L/yr

Branch Manager Salary

(31 salaries)

₹5.5 L/yr - ₹12.5 L/yr

Marketing Manager Salary

(19 salaries)

₹7 L/yr - ₹8.43 L/yr

Senior Sales Manager Salary

(12 salaries)

₹4.7 L/yr - ₹7.5 L/yr

Territory Sales Manager Salary

(5 salaries)

₹4.5 L/yr - ₹14 L/yr

Top skills at HDFC Life for Direct Sales Manager

Insurance Sales Sales Corporate Sales Business Development Direct Sales Sales Management Retail Sales Communication Skills

Salary related reviews for HDFC Life

3.0

Rated by 1 employees for salary & benefits

Direct Sales Manager

DSC - Direct Sales Department

4.0

• posted on 15 May 2018

4.0

for Salary and Benefits

Likes

The company providing learning skills / development programs and Online Test series on Insurance

Salary - Good

+6 more

Dislikes

The work environment is excellent and the compensation is decent and good, but pressure to achieve high traget

Sales Manager in Cuttack

Full Time

CSR & Social Service Department

4.0

• posted on 23 Mar 2025

2.0

for Salary and Benefits

Likes

The company has lots of data, They r learning you in first stage and after that they r find a way to indicate you wrongly.

Job security - Good

Dislikes

Less salary, no support from trainer, biggest layers, no leaves, no support from L1 and above, no motivation only needed business, so if u r afresher think twice before joining.

Salary - Poor

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

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Oct 2023

3.0

for Salary and Benefits

Likes

Already they are top in insurance sector so people know about this company that's good part.

Dislikes

...se that's why they are doing insurance these are the facts they take advantage In small salary package thier expectation is more than crore For a freshers Or 2 years experience not good place to work You have to travel every single day like a horse (on your money) Many more people don't share because they sacred if they share they can't get job because these people leaves and they go to another company so it's like round like earth anyone can meet anywhere In 100 people only will success 2

Skill development - Poor

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Life Direct Sales Manager Salary FAQs

What is the salary of Direct Sales Manager at HDFC Life in Mumbai?

The average salary of a Direct Sales Manager at HDFC Life in Mumbai typically ranges from ₹2.2 Lakhs to ₹3.3 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Direct Sales Manager in Mumbai at HDFC Life earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Direct Sales Manager Salaries at HDFC Life can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10 HDFC Life employees in India.

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

The estimated take-home salary of a Direct Sales Manager at HDFC Life in Mumbai typically ranges from ₹20,597 to ₹22,251 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from Fresher to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10 salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Direct Sales Manager at HDFC Life in Mumbai?

To be a Direct Sales Manager at HDFC Life in Mumbai, the key skills required include:

- Insurance Sales
- Sales
- Corporate Sales
- Business Development
- Direct Sales

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Life for Direct Sales Manager in India?

Anway Innoventures	₹6.8 Lakhs to ₹6.9 Lakhs per year
Mahindra Holidays & Resorts	₹3.5 Lakhs to ₹5.8 Lakhs per year
Sterling Holiday Resort	₹3.9 Lakhs to ₹6.1 Lakhs per year
Club Oxygen	₹4.5 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Health Insurance Co	₹3.0 Lakhs to ₹3.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Life, depending on the role and experience level.

How the salary growth look like for a Direct Sales Manager at HDFC Life in Mumbai?

The salary growth for a Direct Sales Manager at HDFC Life in Mumbai depends on factors such as experience, performance, and promotions. On average, a Direct Sales Manager in Mumbai can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
Fresher	₹2.7 Lakhs to ₹3.4 Lakhs per year
1 year	₹2.2 Lakhs to ₹3.3 Lakhs per year
2 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
3 years	₹2.6 Lakhs to ₹3.3 Lakhs per year

and so on.

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HDFC Life Direct Sales Manager Salaries in Mumbai

HDFC Life Direct Sales Manager salary in Mumbai ranges between ₹2.2 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 HDFC Life latest salaries received from various employees of HDFC Life.