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HDFC Life

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3.9

based on 9.4k Reviews

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HDFC Life Salaries in Mumbai (Updated 2025)

based on 6.5k latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Customer Success, Service & Operations Sales & Business Development Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs

Senior Corporate Manager

2 - 8 years exp. · Mumbai (10 salaries)
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₹4.3 L/yr - ₹5.5 L/yr

Team Manager

2 - 7 years exp. · Mumbai (9 salaries)
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₹5.7 L/yr - ₹7 L/yr

Deputy Manager Operations

5 - 17 years exp. · Mumbai (9 salaries)
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₹4.6 L/yr - ₹7.3 L/yr

Operations Manager

1 - 17 years exp. · Mumbai (9 salaries)
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₹1.5 L/yr - ₹10 L/yr

Retainer

0 - 8 years exp. · Mumbai (9 salaries)
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₹3 L/yr - ₹4.2 L/yr

Territory Head Bancassurance

14 - 20 years exp. · Mumbai (9 salaries)
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₹12 L/yr - ₹20 L/yr

HR Associate

0 - 6 years exp. · Mumbai (8 salaries)
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₹1.8 L/yr - ₹2.5 L/yr

Senior Manager-HR

9 - 15 years exp. · Mumbai (8 salaries)
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₹9 L/yr - ₹24 L/yr

1 job opening

Financial Consultant

1 - 5 years exp. · Mumbai (8 salaries)
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₹2.7 L/yr - ₹4.8 L/yr

Senior Vice President

15 - 24 years exp. · Mumbai (8 salaries)
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₹45 L/yr - ₹1 Cr/yr

Senior Cluster Manager

8 - 18 years exp. · Mumbai (8 salaries)
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₹8.4 L/yr - ₹11.9 L/yr

Associate Operations Manager

2 - 6 years exp. · Mumbai (8 salaries)
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₹3 L/yr - ₹5.1 L/yr

Junior Analyst

0 - 1 year exp. · Mumbai (8 salaries)
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₹1 L/yr - ₹2.1 L/yr

Deputy Manager Administration

10 - 17 years exp. · Mumbai (8 salaries)
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₹6.8 L/yr - ₹9.9 L/yr

Softwaretest Engineer

0 - 4 years exp. · Mumbai (8 salaries)
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₹2 L/yr - ₹6.1 L/yr

Lead Product Manager

6 - 9 years exp. · Mumbai (7 salaries)
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₹12 L/yr - ₹30 L/yr

Branch Sales Manager

6 - 10 years exp. · Mumbai (7 salaries)
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₹5 L/yr - ₹10.5 L/yr

Assistant Manager MIS

3 - 7 years exp. · Mumbai (7 salaries)
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₹3.5 L/yr - ₹4.5 L/yr

Assistant Manager Operations

5 - 10 years exp. · Mumbai (7 salaries)
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₹4 L/yr - ₹6.4 L/yr

Training Manager

6 - 8 years exp. · Mumbai (7 salaries)
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₹5.3 L/yr - ₹8.6 L/yr

Last Updated: 7 Apr, 2025

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2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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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Salary related reviews for HDFC Life

3.2

Rated by 926 employees for salary & benefits

Senior Corporate Agency Manager in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 08 Nov 2024
4.0
 for  Salary and Benefits

Likes

Skill development is good more knowledge we gets about product clearly

  • Salary - Good
    • +3 more

Dislikes

...nsent about the employee only they listen what our bosses say not to employees, Higher New employees giving higher designation and salary hike instade of give to our old employees

read more
  • Promotions - Bad
    • +2 more

Senior Corporate Agency Manager in Mumbai

Full Time

 · 

Other Department

1.0
  •  posted on 14 Oct 2024
2.0
 for  Salary and Benefits

Likes

Nothing to like, people keep on absconding, due to no work life balance, irrelevant pressure.

Dislikes

...cy, rejected leaves at last moment even after informing manager 2 months before. * No job security, Manager always ask to resign in front of everyone in team meetings * Bullying regarding salary infront of colleagues, as if paying my salary from their own pocket *

read more
  • Salary - Poor
    • +6 more

Chief Manager - HR in Mumbai

Full Time

 · 

Human Resources Department

4.0
  •  posted on 04 Oct 2024
4.0
 for  Salary and Benefits

Likes

Stable company offering secure job. Never ever delays employees salary. Very strong in latest technology adoption. Strong top level management. Learning environment.

read more
  • Salary - Good
    • +3 more

Dislikes

No Work life balance in few departments.

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.

read more
  • Salary - Bad
    • +6 more

Associate Head Regional in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 14 Jul 2024
3.0
 for  Salary and Benefits

Likes

Work Culture, Values are utmost important thing to follow, Collaboration at pheripehral level is high.

  • Skill development - Good
    • +5 more

Dislikes

Low Salary, low Collaboration at top level which leads to dissatisfaction at peripheral level of employees, Digital interface is complicated for Customers, Partners and Employees.

read more
see more salary related reviews

HDFC Life interview questions by designations

Business Development Manager (69)Corporate Agency Manager (38)Senior Corporate Agency Manager (32)Sales Development Manager (25)
View all 593 interview experiences

Know more about HDFC Life Mumbai

More about working at HDFC Life

HDFC Life Salary FAQs

How much does HDFC Life pay to its employees?
The average annual salary at HDFC Life varies depending on the role, experience, and location. The salary ranges for some popular designations at HDFC Life, are as follows:

Senior Corporate Manager ₹4.3 Lakhs to ₹5.5 Lakhs per year
Team Manager ₹5.7 Lakhs to ₹7 Lakhs per year
Deputy Manager Operations ₹4.6 Lakhs to ₹7.3 Lakhs per year
Operations Manager ₹1.5 Lakhs to ₹10 Lakhs per year

The highest-paying role, Senior Vice President, earns between ₹39 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹12 Lakhs per year, and the top 1% earn over ₹35 Lakhs per year. 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 salary estimates are based on data from 6.5k salaries submitted by HDFC Life employees. HDFC Life is rated 3.2 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at HDFC Life in Mumbai?
The salary of a fresher at HDFC Life in Mumbai typically ranges from ₹1 Lakh to ₹13 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Executive Trainee Salary ₹3 Lakhs to ₹5.1 Lakhs per year
Fresher as a Corporate Agency Manager Salary ₹1.8 Lakhs to ₹4.8 Lakhs per year
Fresher as a Sales Development Manager Salary ₹1.8 Lakhs to ₹4 Lakhs per year
Fresher as a Business Development Manager Salary ₹2 Lakhs to ₹4 Lakhs per year

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Average annual salary in HDFC Life , Mumbai is INRunlock blur . Salary estimates are based on 6400+ HDFC Life latest salaries received from various employees of HDFC Life.

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