HDFC Life Mumbai Financial Advisor Salaries by 4 Employees (Updated 2024)

1 - 4 years exp.

₹1.5 Lakh - ₹5 Lakhs

Salary of majority employees

30% less than the average Financial Advisor Salary in Insurance Companies for 1 - 4 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Marketing & Communication Financial Advisor Salary 2 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹5 L/yr
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Sales & Business Development Financial Advisor Salary 1 year exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.4 L/yr

Last Updated: 6 Oct 2024

Companies similar to HDFC Life for Financial Advisor in Mumbai

HDFC Life Financial Advisor Salary

1 - 4 years exp. (4 salaries)

₹1.5 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Financial Advisor Salary 1 - 6 years exp. (14 salaries)	₹2 L/yr - ₹6 L/yr 14% more
Max Life Insurance Financial Advisor Salary 2 - 8 years exp. (5 salaries)	₹2.2 L/yr - ₹4 L/yr 7% more	1 job opening
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Kotak Mahindara Life Insurance Financial Advisor Salary 0 - 4 years exp. (7 salaries)	₹1.5 L/yr - ₹6 L/yr 18% more
Canara HSBC Life Insurance Financial Advisor Salary 0 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹3 L/yr 9% less
Motilal Oswal Financial Services Financial Advisor Salary 0 - 6 years exp. (239 salaries)	₹1.6 L/yr - ₹5.5 L/yr 11% more	1 job opening

Financial Advisor salary at HDFC Life ranges between ₹1.5 Lakh to ₹5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Financial Advisor salaries in Mumbai

Last Updated: 6 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5 L/yr
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3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹5.7 L/yr

Similar Designation salaries in HDFC Life

Senior Associate Salary

(486 salaries)

₹1.1 L/yr - ₹4.7 L/yr

Management Trainee Salary

(76 salaries)

₹4.75 L/yr - ₹15 L/yr

Business Analyst Salary

(19 salaries)

₹3.2 L/yr - ₹11.18 L/yr

Credit Analyst Salary

(4 salaries)

₹9.1 L/yr - ₹18.9 L/yr

Top skills at HDFC Life for Financial Advisor

Relationship Management Selling Skills Investment Advisory Insurance Sales Financial Advisory Convincing Power Wealth Management

Salary related reviews for HDFC Life

3.0

Rated by 1 employees for salary & benefits

Financial Advisor in Nanded

BFSI, Investments & Trading Department

5.0

• posted on 30 Jul 2018

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology.I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base.

Dislikes

Compensation is decent

Senior Associate in Machilipatnam

Full Time

Other Department

4.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Skill development and learning is the main element in the hdfc life. Company culture and environment is very place to work.

Dislikes

...ys. Promotions and appraisals is a joke here less than 6% is the increment here. Salary are very low when compared to other similar industry.

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Hdfc life office is hygienic.

Dislikes

Manager is your god. And manager scold in con call tell fukat ka salary leta hai kya. If you achieve Target then also you will not get increment. Boss gives more priority to girls.

Senior Associate in Patna

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 04 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Low salary structure Unwanted work pressure Dirty politics Zero growth if you're not a politician in the company Non recognition of your good work No incentives even after having huge targets Manual rating system of employees, you will be judged by your amount of buttering not by your performance. Overall very bad work culture

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.

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Life Financial Advisor Salary FAQs

What is the salary of Financial Advisor at HDFC Life Mumbai?

Financial Advisor salary at HDFC Life in Mumbai ranges between ₹1.5 Lakhs to ₹5.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 30% less than the average Financial Advisor Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life Mumbai.

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

The average salary of a Financial Advisor at HDFC Life is 30% less than the average salary of a Financial Advisor in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Financial Advisor at HDFC Life?

Relationship Management, Selling Skills, Investment Advisory, Insurance Sales and Financial Advisory are some of the popular skills required to work as a Financial Advisor at HDFC Life Mumbai.

Which similar companies are paying more than HDFC Life to a Financial Advisor in Mumbai?

Kotak Mahindara Life Insurance Financial Advisor Salary - ₹1.5 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance Financial Advisor Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
Motilal Oswal Financial Services Financial Advisor Salary - ₹1.6 Lakhs to ₹5.5 Lakhs per year
Max Life Insurance Financial Advisor Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year

What is the salary of a Financial Advisor in companies similar to HDFC Life in Mumbai?

Canara HSBC Life Insurance Financial Advisor Salary - ₹2.4 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Financial Advisor at HDFC Life in Mumbai?

The estimated take-home salary of a Financial Advisor at HDFC Life ranges between ₹22,604 per month to ₹24,078 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Financial Advisor salary in India which ranges between ₹1.5 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Financial Advisor at HDFC Life in Mumbai?

According to AmbitionBox, 67% of the HDFC Life Financial Advisors in Mumbai reported a notice period of 1 Month, 33% reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

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HDFC Life Financial Advisor Salaries in Mumbai

HDFC Life Financial Advisor salary in Mumbai ranges between ₹1.5 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.