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

0 - 3 years exp.

₹5 Lakhs - ₹15 Lakhs

Salary of majority employees

41% more than the average Management Trainee Salary in Insurance Companies for 0 - 3 years of experience

Interested in this particular role?

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. (14 salaries)	₹8.5 L/yr - ₹12 L/yr
Login to view exact salary
Data Science & Analytics Management Trainee Salary 0 - 3 years exp. (10 salaries)	₹9.8 L/yr - ₹12 L/yr
Project & Program Management Management Trainee Salary 0 - 2 years exp. (9 salaries)	₹9.5 L/yr - ₹12 L/yr
Customer Success, Service & Operations Management Trainee Salary 0 - 3 years exp. (7 salaries)	₹8 L/yr - ₹12 L/yr

View all

Last Updated: 29 Mar 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. (313 salaries)	₹4 L/yr - ₹9 L/yr 34% less
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 3 years exp. (192 salaries)	₹2.7 L/yr - ₹6.3 L/yr 61% less
Login to view exact salary
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (144 salaries)	₹4.3 L/yr - ₹12 L/yr 19% less
Tata AIA Life Insurance Management Trainee Salary 0 - 4 years exp. (49 salaries)	₹5 L/yr - ₹20 L/yr 8% more
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 6 years exp. (39 salaries)	₹3 L/yr - ₹9.1 L/yr 34% less
SBI Life Insurance Company Management Trainee Salary 0 - 2 years exp. (37 salaries)	₹3.5 L/yr - ₹10.5 L/yr 22% less
SBI General Insurance Management Trainee Salary 0 - 3 years exp. (35 salaries)	₹8 L/yr - ₹12 L/yr 15% less
Axis Max Life Insurance Management Trainee Salary 0 - 4 years exp. (15 salaries)	₹16 L/yr - ₹22 L/yr 102% more
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 1 year exp. (15 salaries)	₹7 L/yr - ₹15 L/yr 5% less
Kotak Mahindra General Insurance Management Trainee Salary 0 - 2 years exp. (12 salaries)	₹3 L/yr - ₹4 L/yr 67% less
HDFC Ergo General Insurance Management Trainee Salary 0 - 1 year exp. (8 salaries)	₹6 L/yr - ₹14.8 L/yr 40% more
Login to view exact salary
PNB MetLife Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹6 L/yr - ₹7 L/yr 41% less
Reliance Nippon Life Insurance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 72% less
Shriram Life Insurance Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹9.1 L/yr 45% less
AXA Management Trainee Salary 2 - 3 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 1% less
XL Catlin Management Trainee Salary 2 - 3 years exp. (3 salaries)	₹8 L/yr - ₹9.2 L/yr 20% less
Allianz Management Trainee Salary 0 - 6 years exp. (3 salaries)	₹2.9 L/yr - ₹6.6 L/yr 59% less
Aditya Birla Insurance Brokers Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹3.5 L/yr - ₹12 L/yr 37% less
Star Health & Allied Insurance Management Trainee Salary 0 - 12 years exp. (3 salaries)	₹1.8 L/yr - ₹6.5 L/yr 52% less

Management Trainee salary at HDFC Life ranges between ₹5 Lakhs to ₹15 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 145 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Management Trainee salaries

Last Updated: 29 Mar 2025

Experience	Avg Annual Salary
Fresher (68 salaries)	₹5 L/yr - ₹12 L/yr
1 year (43 salaries)	₹5 L/yr - ₹12 L/yr
Login to view exact salary
2 years (23 salaries)	₹5 L/yr - ₹13 L/yr
3 years (11 salaries)	₹9 L/yr - ₹15 L/yr

From

Management Trainee

0 - 3 years exp.

Deputy Bancassurance Manager

Salary unavailable

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDFC Life

Finance Executive Salary

(14 salaries)

₹1.6 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

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Senior Associate Salary

(775 salaries)

₹1.05 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

(698 salaries)

₹3.5 L/yr - ₹12.15 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about HDFC Life?

Ask anonymously on communities.

HDFC Life Management Trainee Salary FAQs

What is the salary of Management Trainee at HDFC Life ?

The average salary of a Management Trainee at HDFC Life in India typically ranges from ₹5.0 Lakhs to ₹15.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Management Trainee at HDFC Life earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹13.1 Lakhs per year. Management Trainee 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 100+ HDFC Life employees in India.

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 in India typically ranges from ₹74,487 to ₹76,413 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 100+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Life for Management Trainee in India?

Axis Max Life Insurance	₹16.0 Lakhs to ₹22.0 Lakhs per year
HDFC Ergo General Insurance	₹6.0 Lakhs to ₹14.8 Lakhs per year
Tata AIA Life Insurance	₹5.0 Lakhs to ₹20.0 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.

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

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

AXA	₹8.0 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹7.0 Lakhs to ₹15.0 Lakhs per year
SBI General Insurance	₹8.0 Lakhs to ₹12.0 Lakhs per year
ICICI Lombard General Insurance Company	₹4.3 Lakhs to ₹12.0 Lakhs per year
XL Catlin	₹8.0 Lakhs to ₹9.2 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 Management Trainee at HDFC Life in India?

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

Experience	Average Salary Range
Fresher	₹5.0 Lakhs to ₹12.0 Lakhs per year
1 year	₹5.0 Lakhs to ₹12.0 Lakhs per year
2 years	₹5.0 Lakhs to ₹13.0 Lakhs per year
3 years	₹9.0 Lakhs to ₹15.0 Lakhs per year

and so on.

Tell us how to improve this page.

HDFC Life Management Trainee Salaries by Location

Home >
Salaries >
HDFC Life Salaries >
HDFC Life Management Trainee Salaries

HDFC Life Management Trainee salary in India ranges between ₹5 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 145 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