HDFC Life Procurement Associate Salaries by 5 Employees (Updated 2025)

2 - 6 years exp.

₹2 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

24% less than the average Procurement Associate Salary in Insurance Companies for 2 - 6 years of experience

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Last Updated: 3 Jan 2025

Companies similar to HDFC Life for Procurement Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Procurement Associate Salary 3 - 4 years exp. (3 salaries)	₹3 L/yr - ₹4.2 L/yr 27% more
Accenture Procurement Associate Salary 0 - 6 years exp. (477 salaries)	₹1.2 L/yr - ₹7 L/yr 40% more
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CARS24 Procurement Associate Salary 0 - 6 years exp. (254 salaries)	₹1.8 L/yr - ₹4 L/yr 3% more	1 job opening
IBM Procurement Associate Salary 0 - 3 years exp. (98 salaries)	₹2 L/yr - ₹4.4 L/yr 5% more
West Bengal Medical Council Procurement Associate Salary 1 - 2 years exp. (98 salaries)	₹2.3 L/yr - ₹4.2 L/yr 2% less

Procurement Associate salary at HDFC Life ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Procurement Associate salaries

Last Updated: 3 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

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Salary related reviews for HDFC Life

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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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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HDFC Life Procurement Associate Salary FAQs

What is the salary of Procurement Associate at HDFC Life ?

The average salary of a Procurement Associate at HDFC Life in India typically ranges from ₹2.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Procurement Associate at HDFC Life earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Procurement 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 5 HDFC Life employees in India.

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

The estimated take-home salary of a Procurement Associate at HDFC Life in India typically ranges from ₹21,352 to ₹22,995 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 2 years to 6 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 5 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 Procurement Associate in India?

Accenture	₹1.2 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance	₹3.0 Lakhs to ₹4.2 Lakhs per year
IBM	₹2.0 Lakhs to ₹4.4 Lakhs per year
CARS24	₹1.8 Lakhs to ₹4.0 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 Procurement Associate in companies similar to HDFC Life in India?

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

West Bengal Medical Council

₹2.3 Lakhs to ₹4.2 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 Procurement Associate at HDFC Life in India?

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

Experience	Average Salary Range
2 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
5 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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HDFC Life Procurement Associate Salaries

HDFC Life Procurement Associate salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Life latest salaries received from various employees of HDFC Life.