HDFC Life Key Relationship Manager Salaries by 50+ Employees (Updated 2025)

3 - 11 years exp.

₹3.6 Lakhs - ₹6.3 Lakhs

Salary of majority employees

7% more than the average Key Relationship Manager Salary in Insurance Companies for 3 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Key Relationship Manager Salary 3 - 11 years exp. (29 salaries)	₹3.6 L/yr - ₹6.3 L/yr
Customer Success, Service & Operations Key Relationship Manager Salary 4 - 11 years exp. (5 salaries)	₹4.8 L/yr - ₹5.7 L/yr
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Sales & Business Development Key Relationship Manager Salary 4 - 10 years exp. (5 salaries)	₹4 L/yr - ₹5.5 L/yr

Last Updated: 12 Mar 2025

Companies similar to HDFC Life for Key Relationship Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Key Relationship Manager Salary 1 - 9 years exp. (417 salaries)	₹4 L/yr - ₹6.3 L/yr 3% more
Bajaj Allianz Life Insurance Key Relationship Manager Salary 1 - 9 years exp. (193 salaries)	₹3.2 L/yr - ₹5 L/yr 21% less
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Reliance Nippon Life Insurance Key Relationship Manager Salary 0 - 6 years exp. (143 salaries)	₹1.6 L/yr - ₹3.8 L/yr 52% less
Tata AIA Life Insurance Key Relationship Manager Salary 1 - 7 years exp. (39 salaries)	₹3.5 L/yr - ₹6.8 L/yr 1% more
Kotak Mahindara Life Insurance Key Relationship Manager Salary 0 - 6 years exp. (31 salaries)	₹2.5 L/yr - ₹3.6 L/yr 42% less
ICICI Lombard General Insurance Company Key Relationship Manager Salary 1 - 8 years exp. (11 salaries)	₹4.2 L/yr - ₹5.9 L/yr 8% less
Axis Max Life Insurance Key Relationship Manager Salary 2 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹4 L/yr 30% less

Key Relationship Manager salary at HDFC Life ranges between ₹3.6 Lakhs to ₹6.3 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 50 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Key Relationship Manager salaries

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
3 years (5 salaries)	₹4 L/yr - ₹5.5 L/yr
4 years (10 salaries)	₹3.6 L/yr - ₹6 L/yr
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5 years (10 salaries)	₹4.5 L/yr - ₹5.5 L/yr
6 years (8 salaries)	₹4.1 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr
8 years (6 salaries)	₹4 L/yr - ₹6.3 L/yr
9 years (5 salaries)	₹4.8 L/yr - ₹5.5 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.2 L/yr
11 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.2 L/yr

View all

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Top skills at HDFC Life for Key Relationship Manager

Bfsi Business Development Bancassurance General Insurance Sales Credit Card Sales Banking Sales Insurance Sales Life Insurance Sales and Marketing Field Sales Insurance Sales Loan Sales Customer Handling Motor Insurance Mutual Funds Sales

Salary related reviews for HDFC Life

3.0

Rated by 2 employees for salary & benefits

Business Development Manager in Bijnor

Full Time

Marketing & Communication Department

5.0

• posted on 10 Feb 2025

1.0

for Salary and Benefits

Likes

Hello team m Rishabh Rastogi from HDFC LIFE Bijnor Branch, there is a lot of pressure here for work and HDFC Life is a very good brand but there are no facilities for the employees in the office.

Work-life balance - Excellent

Dislikes

Here the calculation is less Here the salary is very high as compared to low and the facilities are also very less, the promotions target is very high and there are many parameters.

Salary - Bad

+4 more

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.

Work satisfaction - Bad

+2 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

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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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HDFC Life Key Relationship Manager Salary FAQs

What is the salary of Key Relationship Manager at HDFC Life ?

The average salary of a Key Relationship Manager at HDFC Life in India typically ranges from ₹3.6 Lakhs to ₹6.3 Lakhs per year, depending on experience (from 3 years to 11 years).

The top 10% of Key Relationship Manager at HDFC Life earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹6.3 Lakhs per year. Key Relationship Manager 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 50+ HDFC Life employees in India.

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

The estimated take-home salary of a Key Relationship Manager at HDFC Life in India typically ranges from ₹38,121 to ₹39,314 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹6.3 Lakhs per year for employees with experience ranging from 3 years to 11 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 50+ 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 Key Relationship Manager at HDFC Life ?

To be a Key Relationship Manager at HDFC Life in india, the key skills required include:

- Bfsi
- Business Development
- Bancassurance
- General Insurance Sales
- Credit Card Sales

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 Key Relationship Manager in India?

ICICI Prudential Life Insurance	₹4.0 Lakhs to ₹6.3 Lakhs per year
Tata AIA Life Insurance	₹3.5 Lakhs to ₹6.8 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 Key Relationship Manager in companies similar to HDFC Life in India?

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

ICICI Lombard General Insurance Company	₹4.2 Lakhs to ₹5.9 Lakhs per year
Bajaj Allianz Life Insurance	₹3.2 Lakhs to ₹5.0 Lakhs per year
Axis Max Life Insurance	₹2.5 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindara Life Insurance	₹2.5 Lakhs to ₹3.6 Lakhs per year
Reliance Nippon Life Insurance	₹1.6 Lakhs to ₹3.8 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 Key Relationship Manager at HDFC Life in India?

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

Experience	Average Salary Range
3 years	₹4.0 Lakhs to ₹5.5 Lakhs per year
4 years	₹3.6 Lakhs to ₹6.0 Lakhs per year
5 years	₹4.5 Lakhs to ₹5.5 Lakhs per year
6 years	₹4.1 Lakhs to ₹6.0 Lakhs per year

and so on.

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HDFC Life Key Relationship Manager Salaries

HDFC Life Key Relationship Manager salary in India ranges between ₹3.6 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 50 HDFC Life latest salaries received from various employees of HDFC Life.