HDFC Life Finance Manager Salaries by 10 Employees (Updated 2025)

1 - 5 years exp.

₹2.5 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

78% less than the average Finance Manager Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Finance Manager Salary 1 - 2 years exp. (4 salaries)	₹3.5 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Finance Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹3.8 L/yr
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Sales & Business Development Finance Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.5 L/yr

Last Updated: 18 Mar 2024

Companies similar to HDFC Life for Finance Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Finance Manager Salary 1 - 6 years exp. (102 salaries)	₹2.1 L/yr - ₹4.7 L/yr 4% less
SBI Life Insurance Company Finance Manager Salary 10 - 15 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 171% more
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Max Life Insurance Finance Manager Salary 0 - 12 years exp. (12 salaries)	₹2.5 L/yr - ₹6 L/yr 16% more
Kotak Mahindara Life Insurance Finance Manager Salary 0 - 5 years exp. (5 salaries)	₹1 L/yr - ₹4 L/yr 25% less
Bajaj Allianz Life Insurance Finance Manager Salary 5 - 18 years exp. (5 salaries)	₹13.5 L/yr - ₹18 L/yr 296% more
Reliance Nippon Life Insurance Finance Manager Salary 0 - 6 years exp. (5 salaries)	₹1.2 L/yr - ₹2.5 L/yr 53% less
Aditya Birla Sun Life Insurance Finance Manager Salary 2 - 9 years exp. (5 salaries)	₹3.8 L/yr - ₹10.7 L/yr 96% more
PNB MetLife Finance Manager Salary 0 - 6 years exp. (3 salaries)	₹3.9 L/yr - ₹11 L/yr 115% more
AIG Finance Manager Salary 7 - 14 years exp. (9 salaries)	₹13 L/yr - ₹21.1 L/yr 330% more
HDFC Ergo General Insurance Finance Manager Salary 8 - 18 years exp. (6 salaries)	₹9.8 L/yr - ₹15.7 L/yr 221% more
ICICI Lombard General Insurance Company Finance Manager Salary 1 - 7 years exp. (6 salaries)	₹10 L/yr - ₹10.6 L/yr 173% more
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Star Health & Allied Insurance Finance Manager Salary 8 - 11 years exp. (4 salaries)	₹5 L/yr - ₹14 L/yr 132% more
Shriram Life Insurance Finance Manager Salary 1 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹5 L/yr 13% less

Finance Manager salary at HDFC Life ranges between ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 10 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Finance Manager salaries

Last Updated: 18 Mar 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.1 L/yr
2 years (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
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3 years (3 salaries)	₹2.5 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.3 L/yr

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Salary related reviews for HDFC Life

4.3

Rated by 4 employees for salary & benefits

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

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

Salary - Poor

+4 more

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

Relationship Manager in Kurnool

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 26 Jun 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture. Area manager mamidi praveen is very bad person. Company policies are good, appraisals are fair.

Salary - Good

+1 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is abond of 1 year before which you cannot resign. Aria manager Mamidi praveen is very bad person.

Promotions - Bad

+1 more

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HDFC Life Finance Manager Salary FAQs

What is the salary of Finance Manager at HDFC Life?

Finance Manager salary at HDFC Life in India ranges between ₹2.5 Lakhs to ₹4.5 Lakhs for experience between 1 years to 5 years. According to our estimates it is 78% less than the average Finance Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Finance Manager at HDFC Life is 78% less than the average salary of a Finance Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Finance Manager in India?

AIG Finance Manager Salary - ₹13.0 Lakhs to ₹21.1 Lakhs per year
Bajaj Allianz Life Insurance Finance Manager Salary - ₹13.5 Lakhs to ₹18.0 Lakhs per year
HDFC Ergo General Insurance Finance Manager Salary - ₹9.8 Lakhs to ₹15.7 Lakhs per year
ICICI Lombard General Insurance Company Finance Manager Salary - ₹10.0 Lakhs to ₹10.6 Lakhs per year
SBI Life Insurance Company Finance Manager Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Finance Manager in companies similar to HDFC Life in India?

Star Health & Allied Insurance Finance Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
PNB MetLife Finance Manager Salary - ₹3.9 Lakhs to ₹11.0 Lakhs per year
Aditya Birla Sun Life Insurance Finance Manager Salary - ₹3.8 Lakhs to ₹10.7 Lakhs per year
Max Life Insurance Finance Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance Finance Manager Salary - ₹2.1 Lakhs to ₹4.7 Lakhs per year

What is the estimated take home salary of a Finance Manager at HDFC Life in India?

The estimated take-home salary of a Finance Manager at HDFC Life ranges between ₹27,731 per month to ₹29,129 per month in India. The take-home salary calculation is based on the average HDFC Life Finance Manager salary in India which ranges between ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Finance Manager at HDFC Life?

According to AmbitionBox, 60% of the HDFC Life Finance Managers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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HDFC Life Finance Manager Salaries

HDFC Life Finance Manager salary in India ranges between ₹2.5 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 HDFC Life latest salaries received from various employees of HDFC Life.