HDFC Life General Manager Salaries by 20+ Employees (Updated 2025)

10 - 24 years exp.

₹18 Lakhs - ₹26 Lakhs

Salary of majority employees

36% less than the average General Manager Salary in Insurance Companies for 10 - 24 years of experience

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Salaries in different departments

BFSI, Investments & Trading General Manager Salary 10 - 21 years exp. (12 salaries)	₹19.5 L/yr - ₹26 L/yr
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Customer Success, Service & Operations General Manager Salary 17 - 19 years exp. (AmbitionBox Estimate)	₹22.7 L/yr - ₹25.3 L/yr

Last Updated: 27 Jun 2024

Companies similar to HDFC Life for General Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance General Manager Salary 12 - 20 years exp. (4 salaries)	₹30 L/yr - ₹45 L/yr 46% more
PNB MetLife General Manager Salary 10 - 19 years exp. (7 salaries)	₹26.7 L/yr - ₹50.5 L/yr 89% more
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Star Health & Allied Insurance General Manager Salary 12 - 20 years exp. (10 salaries)	₹14 L/yr - ₹31 L/yr 22% less
ICICI Lombard General Insurance Company General Manager Salary 0 - 19 years exp. (3 salaries)	₹10 L/yr - ₹30 L/yr 15% less
HDFC Ergo General Insurance General Manager Salary 0 - 2 years exp. (3 salaries)	₹3.3 L/yr - ₹4.5 L/yr 84% less

General Manager salary at HDFC Life ranges between ₹18 Lakhs to ₹26 Lakhs per year for employees with experience between 10 years to 24 years. Salary estimates are based on 27 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life General Manager salaries

Last Updated: 27 Jun 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹19.5 L/yr - ₹37.6 L/yr
11 years (AmbitionBox Estimate)	₹19.1 L/yr - ₹24.5 L/yr
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12 years (AmbitionBox Estimate)	₹19.5 L/yr - ₹24.9 L/yr
13 years (4 salaries)	₹18.5 L/yr - ₹39.7 L/yr
14 years (AmbitionBox Estimate)	₹22 L/yr - ₹26 L/yr
15+ years (20 salaries)	₹18 L/yr - ₹26 L/yr

View all

Similar Designation salaries in HDFC Life

Hotel Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Area Manager Salary

(22 salaries)

₹5.4 L/yr - ₹13.2 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹25.2 L/yr - ₹32.2 L/yr

Sales Manager Salary

(704 salaries)

₹1.55 L/yr - ₹7.3 L/yr

Restaurant Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy General Manager Salary

(21 salaries)

₹10 L/yr - ₹26 L/yr

Shift Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Cluster Manager Salary

(288 salaries)

₹5.65 L/yr - ₹12 L/yr

Operations Manager Salary

(39 salaries)

₹1.45 L/yr - ₹9.97 L/yr

Assistant General Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Salary related reviews for HDFC Life

2.0

Rated by 4 employees for salary & benefits

Business Development Manager in Vasai-Virar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 May 2024

3.0

for Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

Operations Manager in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 26 Nov 2023

1.0

for Salary and Benefits

Likes

The way they make fool our of you. JD and actual work are really different. Popular statement "I am a really considerate manager".

Dislikes

Usual work day is for about 12 hrs On document Saturday is a non working day but you will be forced to work with out pay. Overtime is a myth Promotion depends upon L1's will. Variable pay is only for MT's and chief manager & above Huge gap in pay at same band.

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

Business Development Manager in Vijayawada

Full Time

Sales & Business Development Department

4.0

• posted on 26 Jan 2023

4.0

for Salary and Benefits

Likes

I like work atmosphere with relative co-employee and higher s mainly learning skills and developing of my work and working times .everything is going well here very good job for employees, growth levels also very nice..

Dislikes

I'm unsatisfied with my salary and I got work pressure a lot .

Business Development Manager in New Delhi

Full Time

Sales & Business Development Department

4.0

• posted on 28 Nov 2022

3.0

for Salary and Benefits

Likes

I just simply love the company, be it work culture, sales incentives, or training and they are always open to feedback and suggestion. I learned a lot in HDFC life.

Dislikes

I was not satisfied with my salary, I was asked for my salary at the time of the interview and I told them 25000 pm. I was hired and when I got my first salary it was 170000 which was really heartbreaking.

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Salary Discussions, Hike & Promotions

2w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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HDFC Life General Manager Salary FAQs

What is the salary of General Manager at HDFC Life?

General Manager salary at HDFC Life in India ranges between ₹18.0 Lakhs to ₹26.0 Lakhs for experience between 10 years to 24 years. According to our estimates it is 36% less than the average General Manager Salary in India. Salary estimates are based on 27 latest salaries received from various employees of HDFC Life India.

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

The average salary of a General Manager at HDFC Life is 36% less than the average salary of a General Manager in India. To know exact salary insights, login to view.

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

PNB MetLife General Manager Salary - ₹26.7 Lakhs to ₹50.5 Lakhs per year
Bajaj Allianz Life Insurance General Manager Salary - ₹30.0 Lakhs to ₹45.0 Lakhs per year

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

ICICI Lombard General Insurance Company General Manager Salary - ₹10.0 Lakhs to ₹30.0 Lakhs per year
Star Health & Allied Insurance General Manager Salary - ₹14.0 Lakhs to ₹31.0 Lakhs per year
HDFC Ergo General Insurance General Manager Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a General Manager at HDFC Life ranges between ₹1,50,826 per month to ₹1,56,509 per month in India. The take-home salary calculation is based on the average HDFC Life General Manager salary in India which ranges between ₹18.0 Lakhs to ₹26.0 Lakhs per year for employees with experience between 10 years to 24 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the HDFC Life General Managers reported a notice period of 2 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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HDFC Life General Manager Salaries

HDFC Life General Manager salary in India ranges between ₹18 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 HDFC Life latest salaries received from various employees of HDFC Life.