HDFC Life Financial Service Advisor Salaries by 6 Employees

0 - 7 years exp.

₹2 Lakhs - ₹5.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

24% more than the average Financial Service Advisor Salary in Insurance Companies for 0 - 7 years of experience

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Salaries in different departments

Finance & Accounting Financial Service Advisor Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.5 L/yr
BFSI, Investments & Trading Financial Service Advisor Salary 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Human Resources Financial Service Advisor Salary Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 15 Sep 2024

Companies similar to HDFC Life for Financial Service Advisor

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Financial Service Advisor Salary 0 - 6 years exp. (57 salaries)	₹1.8 L/yr - ₹4.2 L/yr 7% less
Axis Max Life Insurance Financial Service Advisor Salary 3 - 12 years exp. (5 salaries)	₹3.3 L/yr - ₹4 L/yr At par
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SBI Life Insurance Company Financial Service Advisor Salary 0 - 6 years exp. (4 salaries)	₹1.2 L/yr - ₹2.5 L/yr 46% less
Tata AIA Life Insurance Financial Service Advisor Salary 1 year exp. (3 salaries)	₹3.5 L/yr - ₹4.3 L/yr 4% more
Kotak Mahindara Life Insurance Financial Service Advisor Salary 0 - 27 years exp. (3 salaries)	₹1.8 L/yr - ₹6.5 L/yr 5% less

Financial Service Advisor salary at HDFC Life ranges between ₹2 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Financial Service Advisor salaries

Last Updated: 15 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
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2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.6 L/yr

View all

Similar Designation salaries in HDFC Life

Financial Analyst Salary

(12 salaries)

₹2.4 L/yr - ₹7.45 L/yr

Finance Executive Salary

(14 salaries)

₹1.6 L/yr - ₹3.5 L/yr

Senior Sales Officer Salary

(12 salaries)

₹3.25 L/yr - ₹5.5 L/yr

Collection Officer Salary

(3 salaries)

₹2.4 L/yr - ₹3 L/yr

Relationship Officer Salary

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₹2 L/yr - ₹3.9 L/yr

Branch Manager Salary

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₹5.25 L/yr - ₹12.5 L/yr

Sales Officer Salary

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₹1.35 L/yr - ₹4.38 L/yr

Sales Executive Salary

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₹1 L/yr - ₹5 L/yr

Senior Associate Salary

(772 salaries)

₹1.05 L/yr - ₹4.6 L/yr

Senior Analyst Salary

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₹3.5 L/yr - ₹4.6 L/yr

Salary related reviews for HDFC Life

4.0

Rated by 2 employees for salary & benefits

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

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

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

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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 Service Advisor Salary FAQs

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

The average salary of a Financial Service Advisor at HDFC Life in India typically ranges from ₹2.0 Lakhs to ₹5.5 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Financial Service Advisor at HDFC Life earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Financial Service Advisor 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 6 HDFC Life employees in India.

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

The estimated take-home salary of a Financial Service Advisor at HDFC Life in India typically ranges from ₹26,537 to ₹27,953 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from Fresher to 7 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 6 salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Life for Financial Service Advisor in India?

Tata AIA Life Insurance

₹3.5 Lakhs to ₹4.3 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.

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

The salary of a Financial Service Advisor at companies similar to HDFC Life in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Max Life Insurance	₹3.3 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindara Life Insurance	₹1.8 Lakhs to ₹6.5 Lakhs per year
ICICI Prudential Life Insurance	₹1.8 Lakhs to ₹4.2 Lakhs per year
SBI Life Insurance Company	₹1.2 Lakhs to ₹2.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Financial Service Advisor at HDFC Life in India?

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

Experience	Average Salary Range
Fresher	₹3.7 Lakhs to ₹4.7 Lakhs per year
1 year	₹3.6 Lakhs to ₹4.5 Lakhs per year
2 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
3 years	₹3.3 Lakhs to ₹4.2 Lakhs per year

and so on.

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HDFC Life Financial Service Advisor Salaries

HDFC Life Financial Service Advisor salary in India ranges between ₹2 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HDFC Life latest salaries received from various employees of HDFC Life.