HDFC Life Chennai Financial Consultant Salaries by 8 Employees

1 - 4 years exp.

₹1 Lakh - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

42% less than the average Financial Consultant Salary in Insurance Companies for 1 - 4 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Financial Consultant Salary 1 - 4 years exp. (3 salaries)	₹1 L/yr - ₹2.7 L/yr
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Human Resources Financial Consultant Salary 4 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹4 L/yr

Last Updated: 22 Sep 2024

Companies similar to HDFC Life for Financial Consultant in Chennai

HDFC Life Financial Consultant Salary

1 - 4 years exp. (8 salaries)

₹1 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Financial Consultant Salary 0 - 4 years exp. (19 salaries)	₹2.2 L/yr - ₹4.2 L/yr 28% more
Kotak Mahindara Life Insurance Financial Consultant Salary 3 - 14 years exp. (3 salaries)	₹1 L/yr - ₹4.7 L/yr 77% more
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Geojit Financial Services Financial Consultant Salary 0 - 6 years exp. (9 salaries)	₹2.3 L/yr - ₹3.5 L/yr 26% more
Wells Fargo Financial Consultant Salary 8 - 13 years exp. (8 salaries)	₹18.1 L/yr - ₹25 L/yr 712% more
Ernst & Young Financial Consultant Salary 5 - 8 years exp. (7 salaries)	₹9 L/yr - ₹14 L/yr 348% more	1 job opening

Financial Consultant salary at HDFC Life ranges between ₹1 Lakh to ₹4 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 8 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Financial Consultant salaries in Chennai

Last Updated: 22 Sep 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹1 L/yr - ₹4.5 L/yr
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (3 salaries)	₹2 L/yr - ₹4 L/yr

From

Financial Consultant

₹

Lakhs/yr

0 - 5 years exp.

Senior Sales Manager

₹

Lakhs/yr

4 - 14 years exp.

Financial Consultant 0 - 5 years exp.

Sales Manager 0 - 11 years exp.

70% hike

Senior Sales Manager 4 - 14 years exp.

34% 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

Senior Associate Salary

(90 salaries)

₹1.5 L/yr - ₹4.45 L/yr

Business Analyst Salary

(4 salaries)

₹4 L/yr - ₹7.5 L/yr

Finance Executive Salary

(3 salaries)

₹1.6 L/yr - ₹1.93 L/yr

Top skills at HDFC Life for Financial Consultant

Finance Life Insurance Tamil Teaching English Sales and Marketing Financial Consultancy Communication Skills

Salary related reviews for HDFC Life

Financial Consultant in Vizianagaram

Construction & Site Engineering Department

5.0

• posted on 25 Oct 2018

5.0

for Salary and Benefits

Likes

Salary - Excellent
Skill development - Excellent

+5 more

Dislikes

Good environment teamwork training career growth salary as we desire society like free bird as and when we like buissioness can be done frequently financial consultant training good mentors plenty chances to meet society and public services ete

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.

Skill development - Excellent

+2 more

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.

Promotions - Poor

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.

Salary - Bad

+6 more

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

Salary - Bad

+6 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

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Top trending discussions

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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 Financial Consultant Salary FAQs

What is the salary of Financial Consultant at HDFC Life in Chennai?

The average salary of a Financial Consultant at HDFC Life in Chennai typically ranges from ₹1.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Financial Consultant in Chennai at HDFC Life earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Financial Consultant 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 8 HDFC Life employees in India.

What is the estimated take home salary of a Financial Consultant at HDFC Life in Chennai?

The estimated take-home salary of a Financial Consultant at HDFC Life in Chennai typically ranges from ₹17,842 to ₹19,538 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year 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 8 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 Financial Consultant at HDFC Life in Chennai?

To be a Financial Consultant at HDFC Life in Chennai, the key skills required include:

- Finance
- Life Insurance
- Tamil
- Teaching English
- Sales and Marketing

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 Financial Consultant in India?

Wells Fargo	₹18.1 Lakhs to ₹25.0 Lakhs per year
Ernst & Young	₹9.0 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindara Life Insurance	₹1.0 Lakhs to ₹4.7 Lakhs per year
ICICI Prudential Life Insurance	₹2.2 Lakhs to ₹4.2 Lakhs per year
Geojit Financial Services	₹2.3 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 Financial Consultant at HDFC Life in Chennai?

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

Experience	Average Salary Range
1 year	₹1.0 Lakhs to ₹4.5 Lakhs per year
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹2.0 Lakhs to ₹4.0 Lakhs per year

and so on.

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HDFC Life Financial Consultant Salaries in Chennai

HDFC Life Financial Consultant salary in Chennai ranges between ₹1 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 HDFC Life latest salaries received from various employees of HDFC Life.