HDFC Life Principal Product Manager Salaries by 6 Employees (Updated 2025)

8 - 9 years exp.

₹24.6 Lakhs - ₹45 Lakhs

Low Confidence

Salary of majority employees

33% less than the average Principal Product Manager Salary in Insurance Companies for 8 - 9 years of experience

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Last Updated: 12 Jan 2025

Companies similar to HDFC Life for Principal Product Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Principal Product Manager Salary 8 - 10 years exp. (4 salaries)	₹54 L/yr - ₹76.5 L/yr 101% more
Oracle Principal Product Manager Salary 11 - 19 years exp. (179 salaries)	₹19.7 L/yr - ₹72 L/yr 28% more	3 job openings
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Oracle Financial Services Software Principal Product Manager Salary 13 - 18 years exp. (43 salaries)	₹20 L/yr - ₹37 L/yr 7% less
ServiceNow Principal Product Manager Salary 10 - 14 years exp. (29 salaries)	₹35 L/yr - ₹93.3 L/yr 58% more
Paytm Principal Product Manager Salary 7 - 10 years exp. (29 salaries)	₹41.3 L/yr - ₹60 L/yr 50% more

Principal Product Manager salary at HDFC Life ranges between ₹24.6 Lakhs to ₹45 Lakhs per year for employees with experience between 8 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Principal Product Manager salaries

Last Updated: 12 Jan 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹27 L/yr - ₹41 L/yr
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9 years (4 salaries)	₹24.6 L/yr - ₹45 L/yr

Similar Designation salaries in HDFC Life

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Senior Product Manager Salary

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Associate Product Manager Salary

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₹4 L/yr - ₹10.83 L/yr

Lead Product Manager Salary

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₹12 L/yr - ₹30 L/yr

Senior Project Manager Salary

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₹8.8 L/yr - ₹22.6 L/yr

Assistant Product Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Product Manager Salary

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₹7.5 L/yr - ₹20 L/yr

Project Manager Salary

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Production Manager Salary

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Product Owner Salary

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₹10.6 L/yr - ₹13.6 L/yr

Salary related reviews for HDFC Life

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

Lead Product Manager in Mumbai

Full Time

Engineering - Software & QA Department

3.0

• posted on 09 Jul 2023

3.0

for Salary and Benefits

Likes

Salary on time Job security

Job security - Good

+1 more

Dislikes

1. Management don't have idea what they want 2. No clarity of work 3. People sitting here from 10 years think they owns the company 4. No supportive colleagues 5. Way of working is not great 6. Lot of internal politics

Skill development - Poor

+2 more

Deputy Manager in Lower Parel, Mumbai

Full Time

Information Technology Department

4.0

• posted on 30 Dec 2022

3.0

for Salary and Benefits

Likes

Too much pressure, however bigger companies have huge responsibility and always be at top to maintain the market standards and rank

Skill development - Excellent

+1 more

Dislikes

No promotion even after getting good appraisals. Salary can be improvised

Promotions - Poor

+1 more

Deputy Manager in Bangalore / Bengaluru

Non sales Department

4.0

• posted on 08 Nov 2018

3.0

for Salary and Benefits

Likes

I have lucky enough to have good bosses for having a good work life balance, with 4yrs old kid, this is main thing which is helping me move on being a non sales staff

Work satisfaction - Excellent

+1 more

Dislikes

Still people resign because of bosses at sales team majorly not because of company or salary,

Skill development - Bad

+2 more

Sr.CAM in New Delhi

Full Time

Other Department

5.0

• posted on 02 Mar 2025

5.0

for Salary and Benefits

Likes

HDFC Life is known for its supportive work culture, career growth opportunities, competitive pay, job security, and decent work-life balance.

Salary - Excellent

+6 more

Dislikes

The login process should be more seamless to ensure minimal disruption for customers, providing a smoother and more efficient experience.

see more salary related reviews

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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 Principal Product Manager Salary FAQs

What is the salary of Principal Product Manager at HDFC Life ?

The average salary of a Principal Product Manager at HDFC Life in India typically ranges from ₹24.6 Lakhs to ₹45.0 Lakhs per year, depending on experience (from 8 years to 9 years).

The top 10% of Principal Product Manager at HDFC Life earn more than ₹44.6 Lakhs per year, and the top 1% earn over ₹45.0 Lakhs per year. Principal Product 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 6 HDFC Life employees in India.

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

The estimated take-home salary of a Principal Product Manager at HDFC Life in India typically ranges from ₹2,06,129 to ₹2,14,312 per month. This is based on the average salary range of ₹24.6 Lakhs to ₹45.0 Lakhs per year for employees with experience ranging from 8 years to 9 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 6 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 Principal Product Manager in India?

ICICI Lombard General Insurance Company	₹54.0 Lakhs to ₹76.5 Lakhs per year
ServiceNow	₹35.0 Lakhs to ₹93.3 Lakhs per year
Paytm	₹41.3 Lakhs to ₹60.0 Lakhs per year
Oracle	₹19.7 Lakhs to ₹72.0 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 Principal Product Manager in companies similar to HDFC Life in India?

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

Oracle Financial Services Software

₹20.0 Lakhs to ₹37.0 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 Principal Product Manager at HDFC Life in India?

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

Experience	Average Salary Range
8 years	₹27.0 Lakhs to ₹41.0 Lakhs per year
9 years	₹24.6 Lakhs to ₹45.0 Lakhs per year

and so on.

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HDFC Life Principal Product Manager Salaries

HDFC Life Principal Product Manager salary in India ranges between ₹24.6 Lakhs to ₹45 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HDFC Life latest salaries received from various employees of HDFC Life.