HDFC Life Innovation Manager Salaries by 4 Employees (Updated 2025)

1 - 13 years exp.

₹8.5 Lakhs - ₹13.1 Lakhs

Low Confidence

Salary of majority employees

47% less than the average Innovation Manager Salary in Insurance Companies for 1 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Strategic & Top Management Innovation Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹11.9 L/yr - ₹13.1 L/yr
Login to view exact salary
Customer Success, Service & Operations Innovation Manager Salary 13 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 31 May 2023

Companies similar to HDFC Life for Innovation Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Innovation Manager Salary 4 - 6 years exp. (3 salaries)	₹16 L/yr - ₹22 L/yr 64% more
Maruti Suzuki Innovation Manager Salary 2 - 9 years exp. (10 salaries)	₹18 L/yr - ₹25 L/yr 87% more	1 job opening
Login to view exact salary
Deloitte Innovation Manager Salary 7 - 12 years exp. (7 salaries)	₹17.5 L/yr - ₹20.8 L/yr 83% more
Capgemini Innovation Manager Salary 7 - 15 years exp. (7 salaries)	₹11 L/yr - ₹18.8 L/yr 31% more
AB InBev India Innovation Manager Salary 9 - 10 years exp. (5 salaries)	₹24.5 L/yr - ₹39 L/yr 162% more

Innovation Manager salary at HDFC Life ranges between ₹8.5 Lakhs to ₹13.1 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Innovation Manager salaries

Last Updated: 31 May 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
2 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.9 L/yr
Login to view exact salary
13 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr

Similar Designation salaries in HDFC Life

Deputy Manager Salary

(815 salaries)

₹3.5 L/yr - ₹12.5 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Lead Engineer Salary

(3 salaries)

₹12.5 L/yr - ₹31 L/yr

Software Engineer Salary

(35 salaries)

₹6.5 L/yr - ₹16.4 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Research Analyst Salary

(AmbitionBox Estimate)

₹7.3 L/yr - ₹9.3 L/yr

Software Developer Salary

(13 salaries)

₹3.8 L/yr - ₹15.15 L/yr

Officer Salary

(6 salaries)

₹2.2 L/yr - ₹3.56 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹20.3 L/yr - ₹26 L/yr

Salary related reviews for HDFC Life

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 Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Aug 2023

2.0

for Salary and Benefits

Dislikes

... Saturday and Sunday off as they have mentioned holiday at the time of joining. Also I feel there is discrimination in salary increament policy and working time among employees.

Salary - Poor

+3 more

Software Developer in Mumbai

Engineering - Software & QA Department

2.0

• posted on 01 Jun 2021

2.0

for Salary and Benefits

Likes

I am working in this company (ADCAT dept) for the last 2 years. Even in the period of lockdown, they allowed us to WFH without any salary deduction. Sat-Sun is compulsory off. Work-life balance. ADCAT dept has a startup environment so there is a lot of transparency. Good for freshers

Dislikes

Since this is not a tech company one shouldn't expect much but then too I would like to highlight a few points. Since there is no proper software development process so the quality of the project is worse. The fact is nobody cares until something crashes. No focus on best practices at all. Non-tech PM will make you laugh and sick at the same time. Managers do not value any technical suggestions so there will be a time where one would lose hope and run along with it. 90% of projects are scrapped within a few months after development. Lack of training for freshers/Interns pushes them in the wrong direction.

Salary - Poor

+4 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

Got a question about HDFC Life?

Ask anonymously on communities.

HDFC Life Innovation Manager Salary FAQs

What is the salary of Innovation Manager at HDFC Life?

Innovation Manager salary at HDFC Life in India ranges between ₹8.5 Lakhs to ₹13.1 Lakhs for experience between 1 years to 13 years. According to our estimates it is 47% less than the average Innovation Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Innovation Manager at HDFC Life is 47% less than the average salary of a Innovation Manager in India. To know exact salary insights, login to view.

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

AB InBev India Innovation Manager Salary - ₹24.5 Lakhs to ₹39.0 Lakhs per year
Maruti Suzuki Innovation Manager Salary - ₹18.0 Lakhs to ₹25.0 Lakhs per year
Deloitte Innovation Manager Salary - ₹17.5 Lakhs to ₹20.8 Lakhs per year
HDFC Ergo General Insurance Innovation Manager Salary - ₹16.0 Lakhs to ₹22.0 Lakhs per year
Capgemini Innovation Manager Salary - ₹11.0 Lakhs to ₹18.8 Lakhs per year

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

The estimated take-home salary of a Innovation Manager at HDFC Life ranges between ₹79,529 per month to ₹81,598 per month in India. The take-home salary calculation is based on the average HDFC Life Innovation Manager salary in India which ranges between ₹8.5 Lakhs to ₹13.1 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the HDFC Life Innovation Managers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
HDFC Life Salaries >
HDFC Life Innovation Manager Salaries

HDFC Life Innovation Manager salary in India ranges between ₹8.5 Lakhs to ₹13.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.