HDFC Life new Business Associate Salaries by 4 Employees

0 - 2 years exp.

₹1.5 Lakh - ₹2.2 Lakhs

Low Confidence

Salary of majority employees

23% less than the average new Business Associate Salary in Insurance Companies for 0 - 2 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting new Business Associate Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹2 L/yr
BFSI, Investments & Trading new Business Associate Salary 1 year exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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Project & Program Management new Business Associate Salary 1 year exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.3 L/yr

Last Updated: 17 Jan 2024

Companies similar to HDFC Life for new Business Associate

Company name	Avg Annual Salary	Open Jobs
Accenture new Business Associate Salary 0 - 3 years exp. (58 salaries)	₹1.9 L/yr - ₹3.4 L/yr 29% more
Login to view exact salary
AXA Business Services new Business Associate Salary 0 - 1 year exp. (3 salaries)	₹4.1 L/yr - ₹5.2 L/yr 133% more

new Business Associate salary at HDFC Life ranges between ₹1.5 Lakh to ₹2.2 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life new Business Associate salaries

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹3.9 L/yr
1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.2 L/yr
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2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.1 L/yr

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Salary related reviews for HDFC Life

2.0

Rated by 3 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

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

Senior Associate in Ghaziabad

Branch Operations Department

3.0

• posted on 02 Aug 2022

1.0

for Salary and Benefits

Likes

...omplete your assigned task. And it is achievable if proper direction provided. Salary will be on time always no delay.

Job security - Excellent

+1 more

Dislikes

...ay of the month you will have to do work from home and do the revival calling. In branch operations 80% is sales and 20% is operations work but salary will be according to operations.

Salary - Bad

+1 more

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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HDFC Life new Business Associate Salary FAQs

What is the salary of new Business Associate at HDFC Life ?

The average salary of a new Business Associate at HDFC Life in India typically ranges from ₹1.5 Lakhs to ₹2.2 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of new Business Associate at HDFC Life earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. new Business Associate 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 4 HDFC Life employees in India.

What is the estimated take home salary of a new Business Associate at HDFC Life in India?

The estimated take-home salary of a new Business Associate at HDFC Life in India typically ranges from ₹13,290 to ₹14,710 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from Fresher to 2 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 4 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 new Business Associate in India?

AXA Business Services	₹4.1 Lakhs to ₹5.2 Lakhs per year
Accenture	₹1.9 Lakhs to ₹3.4 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.

How the salary growth look like for a new Business Associate at HDFC Life in India?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹3.9 Lakhs per year
1 year	₹0.8 Lakhs to ₹2.2 Lakhs per year
2 years	₹1.5 Lakhs to ₹3.1 Lakhs per year

and so on.

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HDFC Life new Business Associate Salaries

HDFC Life new Business Associate salary in India ranges between ₹1.5 Lakh to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.