HDFC Life Management Trainee Salaries by 100+ Employees (Updated 2025)

0 - 3 years exp.

₹4.8 Lakhs - ₹15 Lakhs

Salary of majority employees

Fixed (81%)

₹8.2 Lakhs

Variable (19%)

₹1.9 Lakh

38% more than the average Management Trainee Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Management Trainee Salary 0 - 3 years exp. (27 salaries)	₹5 L/yr - ₹13 L/yr
Sales & Business Development Management Trainee Salary 0 - 3 years exp. (15 salaries)	₹8.5 L/yr - ₹12 L/yr
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Data Science & Analytics Management Trainee Salary 0 - 3 years exp. (10 salaries)	₹9.8 L/yr - ₹12 L/yr
Marketing & Communication Management Trainee Salary 0 - 1 year exp. (8 salaries)	₹4.8 L/yr - ₹11 L/yr
Project & Program Management Management Trainee Salary 0 - 2 years exp. (8 salaries)	₹9.5 L/yr - ₹12 L/yr

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Last Updated: 17 Feb 2025

Companies similar to HDFC Life for Management Trainee

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Management Trainee Salary 0 - 2 years exp. (310 salaries)	₹4 L/yr - ₹9.6 L/yr 33% less
SBI Life Insurance Company Management Trainee Salary 0 - 2 years exp. (37 salaries)	₹5.1 L/yr - ₹10.5 L/yr 20% less
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Max Life Insurance Management Trainee Salary 0 - 4 years exp. (15 salaries)	₹16 L/yr - ₹22 L/yr 107% more
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 6 years exp. (34 salaries)	₹3 L/yr - ₹9.5 L/yr 40% less
Tata AIA Life Insurance Management Trainee Salary 0 - 4 years exp. (46 salaries)	₹5 L/yr - ₹20 L/yr 12% more
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 3 years exp. (194 salaries)	₹2.7 L/yr - ₹7 L/yr 61% less
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (145 salaries)	₹3.5 L/yr - ₹12 L/yr 17% less
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 1 year exp. (14 salaries)	₹7 L/yr - ₹15 L/yr 3% less
Kotak Mahindra General Insurance Management Trainee Salary 0 - 2 years exp. (12 salaries)	₹3 L/yr - ₹4 L/yr 66% less
HDFC Ergo General Insurance Management Trainee Salary 0 - 1 year exp. (8 salaries)	₹6 L/yr - ₹14.8 L/yr 43% more
PNB MetLife Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹6 L/yr - ₹7 L/yr 39% less
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Shriram Life Insurance Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹9.1 L/yr 44% less
Reliance Nippon Life Insurance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 71% less
AXA Management Trainee Salary 2 - 3 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 1% more
XL Catlin Management Trainee Salary 2 - 3 years exp. (3 salaries)	₹8 L/yr - ₹9.2 L/yr 18% less
Gallagher Management Trainee Salary 0 - 4 years exp. (3 salaries)	₹8.8 L/yr - ₹26 L/yr 44% more
Aditya Birla Insurance Brokers Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹3.5 L/yr - ₹12 L/yr 36% less
Star Health & Allied Insurance Management Trainee Salary 0 - 12 years exp. (3 salaries)	₹1.8 L/yr - ₹6.5 L/yr 51% less

Management Trainee salary at HDFC Life ranges between ₹4.8 Lakhs to ₹15 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 143 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Management Trainee salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
Fresher (67 salaries)	₹4.8 L/yr - ₹12 L/yr
1 year (42 salaries)	₹5 L/yr - ₹12 L/yr
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2 years (23 salaries)	₹5 L/yr - ₹13 L/yr
3 years (11 salaries)	₹9 L/yr - ₹15 L/yr

Similar Designation salaries in HDFC Life

Finance Executive Salary

(17 salaries)

₹1.05 L/yr - ₹3.5 L/yr

Accountant Salary

(4 salaries)

₹1.8 L/yr - ₹2.57 L/yr

Team Lead Salary

(58 salaries)

₹1.35 L/yr - ₹8.5 L/yr

Financial Analyst Salary

(12 salaries)

₹2.4 L/yr - ₹7.45 L/yr

Accounts Officer Salary

(6 salaries)

₹1.8 L/yr - ₹2.4 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Senior Associate Salary

(745 salaries)

₹1.1 L/yr - ₹4.6 L/yr

Process Associate Salary

(26 salaries)

₹1.45 L/yr - ₹3.05 L/yr

Senior Analyst Salary

(6 salaries)

₹3.5 L/yr - ₹4.6 L/yr

Deputy Manager Salary

(819 salaries)

₹3.5 L/yr - ₹12.5 L/yr

Salary related reviews for HDFC Life

3.5

Rated by 18 employees for salary & benefits

Senior Associate in Machilipatnam

Full Time

Other Department

4.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Skill development and learning is the main element in the hdfc life. Company culture and environment is very place to work.

Skill development - Excellent

+2 more

Dislikes

...ys. Promotions and appraisals is a joke here less than 6% is the increment here. Salary are very low when compared to other similar industry.

Promotions - Poor

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Hdfc life office is hygienic.

Dislikes

Manager is your god. And manager scold in con call tell fukat ka salary leta hai kya. If you achieve Target then also you will not get increment. Boss gives more priority to girls.

Salary - Bad

+6 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

Senior Associate in Patna

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 04 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Low salary structure Unwanted work pressure Dirty politics Zero growth if you're not a politician in the company Non recognition of your good work No incentives even after having huge targets Manual rating system of employees, you will be judged by your amount of buttering not by your performance. Overall very bad work culture

Salary - Bad

+6 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

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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 Management Trainee Salary FAQs

What is the salary of Management Trainee at HDFC Life?

Management Trainee salary at HDFC Life in India ranges between ₹4.8 Lakhs to ₹15.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 38% more than the average Management Trainee Salary in India. Salary estimates are based on 143 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Management Trainee at HDFC Life is 38% more than the average salary of a Management Trainee in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Management Trainee in India?

Max Life Insurance Management Trainee Salary - ₹16.0 Lakhs to ₹22.0 Lakhs per year
Gallagher Management Trainee Salary - ₹8.8 Lakhs to ₹26.0 Lakhs per year
HDFC Ergo General Insurance Management Trainee Salary - ₹6.0 Lakhs to ₹14.8 Lakhs per year
Tata AIA Life Insurance Management Trainee Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
AXA Management Trainee Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Management Trainee in companies similar to HDFC Life in India?

Aditya Birla Sun Life Insurance Management Trainee Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
ICICI Lombard General Insurance Company Management Trainee Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year
XL Catlin Management Trainee Salary - ₹8.0 Lakhs to ₹9.2 Lakhs per year
SBI Life Insurance Company Management Trainee Salary - ₹5.1 Lakhs to ₹10.5 Lakhs per year
ICICI Prudential Life Insurance Management Trainee Salary - ₹4.0 Lakhs to ₹9.6 Lakhs per year

What is the estimated take home salary of a Management Trainee at HDFC Life in India?

The estimated take-home salary of a Management Trainee at HDFC Life ranges between ₹72,839 per month to ₹74,719 per month in India. The take-home salary calculation is based on the average HDFC Life Management Trainee salary in India which ranges between ₹4.8 Lakhs to ₹15.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Management Trainee at HDFC Life?

According to AmbitionBox, 59% of the HDFC Life Management Trainees reported a notice period of 1 Month, 32% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 46 responses on AmbitionBox in last 2 years.

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HDFC Life Management Trainee Salaries by Location

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HDFC Life Management Trainee Salaries

HDFC Life Management Trainee salary in India ranges between ₹4.8 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 143 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Management Trainee salaries in India (Updated 2025)

Companies similar to HDFC Life for Management Trainee

Latest annual salaries shared by HDFC Life Management Trainee

Experience wise HDFC Life Management Trainee salaries

Similar Designation salaries in HDFC Life

Salary related reviews for HDFC Life

Senior Associate in Machilipatnam

Senior Associate in Mumbai

Relationship Manager in Bhubaneswar

Senior Associate in Patna

Deputy Manager in Mumbai

HDFC Life Management Trainee Salary FAQs

Tell us how to improve this page.

HDFC Life Management Trainee Salaries by Location