HDFC Life Mumbai Graduate Trainee Salaries by 3 Employees (Updated 2025)

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₹2.8 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Graduate Trainee Salary in Insurance Companies for Fresher

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Last Updated: 22 May 2024

Companies similar to HDFC Life for Graduate Trainee in Mumbai

HDFC Life Graduate Trainee Salary

Fresher (3 salaries)

₹2.8 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Graduate Trainee Salary 0 - 2 years exp. (3 salaries)	₹2 L/yr - ₹3.5 L/yr 26% less
TCS Graduate Trainee Salary 0 - 2 years exp. (38 salaries)	₹1 L/yr - ₹3 L/yr 34% less
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Mahindra & Mahindra Graduate Trainee Salary 0 - 2 years exp. (9 salaries)	₹2.9 L/yr - ₹5 L/yr 17% more
JSW Steel Graduate Trainee Salary 0 - 2 years exp. (6 salaries)	₹5.5 L/yr - ₹7.6 L/yr 76% more
Godrej & Boyce Manufacturing Graduate Trainee Salary 0 - 1 year exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 9% less

Graduate Trainee salary at HDFC Life ranges between ₹2.8 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 3 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Graduate Trainee salaries in Mumbai

Last Updated: 22 May 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹2.8 L/yr - ₹5 L/yr
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Similar Designation salaries in HDFC Life

Deputy Manager Salary

(475 salaries)

₹3.5 L/yr - ₹14.4 L/yr

Top skills at HDFC Life for Graduate Trainee

Excel UAT Automation Testing Manual Testing

Salary related reviews for HDFC Life

Graduate Trainee in Chennai

Full Time

Research & Development Department

3.0

• posted on 08 Aug 2024

4.0

for Salary and Benefits

Likes

Providing better salary for fresher

Salary - Good

+4 more

Dislikes

Working whole day Comp off not providing properly Saturday and Sunday actually leave ., but for underwriting team ., full work is there No work life balance is maintained

Work-life balance - Bad

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

Deputy Manager in Lower Parel, Mumbai

Full Time

Information Technology Department

4.0

• posted on 30 Dec 2022

3.0

for Salary and Benefits

Likes

Too much pressure, however bigger companies have huge responsibility and always be at top to maintain the market standards and rank

Skill development - Excellent

+1 more

Dislikes

No promotion even after getting good appraisals. Salary can be improvised

Promotions - Poor

+1 more

Deputy Manager in Bangalore / Bengaluru

Non sales Department

4.0

• posted on 08 Nov 2018

3.0

for Salary and Benefits

Likes

I have lucky enough to have good bosses for having a good work life balance, with 4yrs old kid, this is main thing which is helping me move on being a non sales staff

Work satisfaction - Excellent

+1 more

Dislikes

Still people resign because of bosses at sales team majorly not because of company or salary,

Skill development - Bad

+2 more

Senior Corporate Agency Manager in Tirunelveli

Full Time

Sales & Business Development Department

4.0

• posted on 28 Feb 2025

3.0

for Salary and Benefits

Likes

In HDFC Life There is time to work life balance. There is no more such pressure about Targets (Depends upon L1 Manager). The brand value is easy to convert among competitors.

Job security - Excellent

+3 more

Dislikes

Salary is very low which is mentioned in payslip. Even HR also didn't know about employees salary. HR department is very week and they didn't care about employees. Very worst department in HDFC LIFE.

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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HDFC Life Graduate Trainee Salary FAQs

What is the notice period for Graduate Trainee at HDFC Life in Mumbai?

According to AmbitionBox, 50% of the HDFC Life Graduate Trainees in Mumbai reported a notice period of 15 days or less, 50% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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HDFC Life Graduate Trainee Salaries in Mumbai

HDFC Life Graduate Trainee salary in Mumbai ranges between ₹2.8 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HDFC Life latest salaries received from various employees of HDFC Life.