HDFC Life Mumbai HR Business Partner Salaries by 7 Employees

3 - 12 years exp.

₹3.9 Lakhs - ₹6.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

55% less than the average HR Business Partner Salary in Insurance Companies for 3 - 12 years of experience

Interested in this particular role? 1 job opening

Last Updated: 23 Sep 2024

Companies similar to HDFC Life for HR Business Partner in Mumbai

HDFC Life HR Business Partner Salary

3 - 12 years exp. (7 salaries)

₹3.9 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company HR Business Partner Salary 5 - 8 years exp. (5 salaries)	₹8 L/yr - ₹9 L/yr 45% more
Axis Max Life Insurance HR Business Partner Salary 3 - 14 years exp. (3 salaries)	₹2.1 L/yr - ₹10.4 L/yr 42% more
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Aditya Birla Sun Life Insurance HR Business Partner Salary 2 - 6 years exp. (3 salaries)	₹4.5 L/yr - ₹8 L/yr 19% more
Bajaj Allianz Life Insurance HR Business Partner Salary 4 - 7 years exp. (3 salaries)	₹12.3 L/yr - ₹19 L/yr 125% more
Accenture HR Business Partner Salary 3 - 13 years exp. (30 salaries)	₹6 L/yr - ₹21 L/yr 142% more

HR Business Partner salary at HDFC Life ranges between ₹3.9 Lakhs to ₹6.5 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life HR Business Partner salaries in Mumbai

Last Updated: 23 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
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5 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
10 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
11 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
12 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr

View all

Similar Designation salaries in HDFC Life

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Deputy Manager HR Salary

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Manager Learning & Development Salary

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HR Associate Salary

(8 salaries)

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Senior Manager-HR Salary

(8 salaries)

₹9.02 L/yr - ₹24 L/yr

HR Executive Salary

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₹1.45 L/yr - ₹3 L/yr

Associate Manager - HR Salary

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₹5.3 L/yr - ₹6.75 L/yr

Top skills at HDFC Life for HR Business Partner

Human Resource Management HR Policies Employee Grievances Employee Engagement Recruitment Business Partnering HR Processes Selection Process Business Partnering Grievance Handling Joining Formalities

Salary related reviews for HDFC Life

1.0

Rated by 1 employees for salary & benefits

HR Manager in Bangalore / Bengaluru

Full Time

Other Department

3.0

• posted on 07 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing great to vouch for, strong in processes only for front line people. HDFC. Salary will br creditrd on time just like other big corporates

Dislikes

No work life balance and respect, tremendous pressure.. Should do work like robot. For managers rules will be bent, for front line employees they will be very rigid with rules. Double standards

Salary - Bad

+2 more

HR Associate in Kolkata

Human Resources Department

3.0

• posted on 19 Mar 2022

1.0

for Salary and Benefits

Likes

One good thing about Exide life is they'll pay your salary on time..but company culture is very poor ..in the managerial aspect also they don't really believe in retention..it's a hire and fire policy.

Dislikes

Salary - Bad
Job security - Bad

+4 more

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

Corporate Agency Manager in Karnal

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 13 Mar 2025

3.0

for Salary and Benefits

Likes

Job security is the thing which i can say is good. Working culture is somewhat good.

Skill development - Good

+3 more

Dislikes

Salary hike is not so good like 4 to 5 percent annually only. There is no skill development options, you have to go in the morning and come back at the evening and this happens daily nothing new.

Sr.CAM in New Delhi

Full Time

Other Department

5.0

• posted on 02 Mar 2025

5.0

for Salary and Benefits

Likes

HDFC Life is known for its supportive work culture, career growth opportunities, competitive pay, job security, and decent work-life balance.

Salary - Excellent

+6 more

Dislikes

The login process should be more seamless to ensure minimal disruption for customers, providing a smoother and more efficient experience.

see more salary related reviews

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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 HR Business Partner Salary FAQs

What is the salary of HR Business Partner at HDFC Life in Mumbai?

The average salary of a HR Business Partner at HDFC Life in Mumbai typically ranges from ₹3.9 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of HR Business Partner in Mumbai at HDFC Life earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. HR Business Partner 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 HR Business Partner at HDFC Life in Mumbai?

The estimated take-home salary of a HR Business Partner at HDFC Life in Mumbai typically ranges from ₹43,708 to ₹44,818 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 3 years to 12 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 HR Business Partner at HDFC Life in Mumbai?

To be a HR Business Partner at HDFC Life in Mumbai, the key skills required include:

- Human Resource Management
- HR Policies
- Employee Grievances
- Employee Engagement
- Recruitment

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 HR Business Partner in India?

Accenture	₹6.0 Lakhs to ₹21.0 Lakhs per year
Bajaj Allianz Life Insurance	₹12.3 Lakhs to ₹19.0 Lakhs per year
ICICI Lombard General Insurance Company	₹8.0 Lakhs to ₹9.0 Lakhs per year
Axis Max Life Insurance	₹2.1 Lakhs to ₹10.4 Lakhs per year
Aditya Birla Sun Life Insurance	₹4.5 Lakhs to ₹8.0 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 HR Business Partner at HDFC Life in Mumbai?

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

Experience	Average Salary Range
3 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
4 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
5 years	₹4.9 Lakhs to ₹6.3 Lakhs per year
6 years	₹5.0 Lakhs to ₹6.4 Lakhs per year

and so on.

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HDFC Life HR Business Partner Salaries in Mumbai

HDFC Life HR Business Partner salary in Mumbai ranges between ₹3.9 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDFC Life latest salaries received from various employees of HDFC Life.