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HDFC Life Financial Consultant salaries in Mumbai (Updated 2025)

Annual salary range
1 - 2 years exp.
₹2.7 Lakhs - ₹4.8 Lakhs
Salary of majority employees
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36% less than the average Financial Consultant Salary in Insurance Companies for 1 - 2 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Financial Consultant Salary
1 year exp. (3 salaries)
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₹3 L/yr - ₹3.3 L/yr

Finance & Accounting
Financial Consultant Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.4 L/yr

Last Updated: 15 Jan 2025

Companies similar to HDFC Life for Financial Consultant in Mumbai

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HDFC Life Financial Consultant Salary

1 - 2 years exp. (7 salaries)

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₹2.7 L/yr - ₹4.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹4.2 L/yr

arrow icon 15% more
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Eisneramper LLP Financial Consultant Salary

0 - 5 years exp. (31 salaries)

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₹5 L/yr - ₹12.5 L/yr

arrow icon 162% more
2 job openings
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Capgemini Financial Consultant Salary

2 - 7 years exp. (13 salaries)

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₹4 L/yr - ₹13.2 L/yr

arrow icon 185% more
1 job opening
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LTIMindtree Financial Consultant Salary

0 - 10 years exp. (12 salaries)

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₹5.5 L/yr - ₹15.1 L/yr

arrow icon 230% more
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₹2.2 L/yr - ₹4.4 L/yr

arrow icon 15% more
Financial Consultant salary at HDFC Life ranges between ₹2.7 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Financial Consultant in Mumbai

2mo ago
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2 years exp.
6mo ago
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1 year exp.
11mo ago
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1 year exp.
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1 year exp.

Experience wise HDFC Life Financial Consultant salaries in Mumbai

Last Updated: 15 Jan 2025

Experience Avg Annual Salary
1 year  (4 salaries)

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₹3 L/yr - ₹3.3 L/yr
2 years  (3 salaries)

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₹2.7 L/yr - ₹4.8 L/yr
HDFC Life Financial Consultant Salary and Career Growth

From

To

Financial Consultant

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0 - 4 years exp.

Senior Sales Manager

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4 - 14 years exp.

Financial Consultant 0 - 4 years exp.
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Sales Manager 0 - 11 years exp.
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arrow icon 75% hike
    Senior Sales Manager 4 - 14 years exp.
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    arrow icon 31% 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
    (496 salaries)
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    ₹1.05 L/yr - ₹4.6 L/yr
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    ₹3.2 L/yr - ₹11.09 L/yr
    Credit Analyst Salary
    (4 salaries)
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    ₹9.1 L/yr - ₹18.9 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

    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

    read more

    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.

    read more
    • 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.

    read more
    • Promotions - Poor

    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.

    read more
    • Salary - Bad
    • +6 more

    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

    read more
    • Salary - Bad
    • +6 more

    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

    read more
    • Salary - Bad
    • +5 more
    see more salary related reviews

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    HDFC Life Financial Consultant Salary FAQs

    What is the salary of Financial Consultant at HDFC Life in Mumbai?
    The average salary of a Financial Consultant at HDFC Life in Mumbai typically ranges from ₹2.7 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 1 year to 2 years).

    The top 10% of Financial Consultant in Mumbai at HDFC Life earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.8 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 7 HDFC Life employees in India.
    What is the estimated take home salary of a Financial Consultant at HDFC Life in Mumbai?
    The estimated take-home salary of a Financial Consultant at HDFC Life in Mumbai typically ranges from ₹21,680 to ₹23,168 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 1 year to 2 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 7 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 Mumbai?
    To be a Financial Consultant at HDFC Life in Mumbai, 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?
    LTIMindtree ₹5.5 Lakhs to ₹15.1 Lakhs per year
    Capgemini ₹4.0 Lakhs to ₹13.2 Lakhs per year
    Eisneramper LLP ₹5.0 Lakhs to ₹12.5 Lakhs per year
    Geojit Financial Services ₹2.2 Lakhs to ₹4.4 Lakhs per year
    ICICI Prudential Life Insurance ₹2.4 Lakhs to ₹4.2 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 Mumbai?
    The salary growth for a Financial Consultant at HDFC Life in Mumbai depends on factors such as experience, performance, and promotions. On average, a Financial Consultant in Mumbai can expect the following growth trajectory at HDFC Life:

    Experience Average Salary Range
    1 year ₹3.0 Lakhs to ₹3.3 Lakhs per year
    2 years ₹2.7 Lakhs to ₹4.8 Lakhs per year
    and so on.

    Tell us how to improve this page.

    HDFC Life Financial Consultant salary in Mumbai ranges between ₹2.7 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 HDFC Life latest salaries received from various employees of HDFC Life.