HDFC Life Mumbai Procurement Manager Salaries by 4 Employees (Updated 2025)

16 - 22 years exp.

₹11.5 Lakhs - ₹12.9 Lakhs

Salary of majority employees

24% less than the average Procurement Manager Salary in Insurance Companies for 16 - 22 years of experience

Interested in this particular role? 1 job opening

Last Updated: 15 Mar 2023

Companies similar to HDFC Life for Procurement Manager in Mumbai

HDFC Life Procurement Manager Salary

16 - 22 years exp. (4 salaries)

₹11.5 L/yr - ₹12.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Procurement Manager Salary 7 - 8 years exp. (3 salaries)	₹5 L/yr - ₹12.9 L/yr 30% less
Reliance Industries Procurement Manager Salary 1 - 20 years exp. (61 salaries)	₹7.5 L/yr - ₹37.2 L/yr 55% more	1 job opening
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Larsen & Toubro Limited Procurement Manager Salary 8 - 17 years exp. (25 salaries)	₹13.8 L/yr - ₹28.8 L/yr 63% more
Hindustan Unilever Procurement Manager Salary 7 - 16 years exp. (24 salaries)	₹19.6 L/yr - ₹70 L/yr 232% more	1 job opening
Afcons Infrastructure Procurement Manager Salary 11 - 18 years exp. (16 salaries)	₹14 L/yr - ₹22 L/yr 41% more

Procurement Manager salary at HDFC Life ranges between ₹11.5 Lakhs to ₹12.9 Lakhs per year for employees with experience between 16 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Procurement Manager salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹11.5 L/yr - ₹12.9 L/yr
Login to view exact salary

Similar Designation salaries in HDFC Life

Deputy Manager Procurement Salary

(4 salaries)

₹5.6 L/yr - ₹9.7 L/yr

Management Trainee Operations Salary

(3 salaries)

₹9.7 L/yr - ₹9.8 L/yr

Top skills at HDFC Life for Procurement Manager

Procurement Purchase Planning Procurement Planning Six Sigma Black Belt DWR Negotiation Skills Investment Banking Operations IT Procurement VD Purchase CAL Action Script

Salary related reviews for HDFC Life

Counsellor in Pathankot

Insurance Department

5.0

• posted on 26 Jun 2019

2.0

for Salary and Benefits

Likes

...and colleagues. I worked there as a telecaller and then promoted as Team leader. I learnt my new things in that organisation and my salary was 15k per month. There was a team work and very good environment. We do work in a team and then team becomes like family.

Skill development - Good

+2 more

Dislikes

The work pressure is very high but one thing that I dislike the most is weekly off. There is no weekly off and we have to come even on Sunday. At one stage a person got fed-up with their life.

Salary - Poor

HR Manager in Bangalore / Bengaluru

Full Time

Other Department

3.0

• posted on 07 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing great to vouch for, strong in processes only for front line people. HDFC. Salary will br creditrd on time just like other big corporates

Dislikes

No work life balance and respect, tremendous pressure.. Should do work like robot. For managers rules will be bent, for front line employees they will be very rigid with rules. Double standards

Salary - Bad

+2 more

Associate in Chennai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 24 Nov 2024

1.0

for Salary and Benefits

Likes

I don't like this company

Company culture - Good

Dislikes

...meters to do that 4. We lost our work life balance 5 My BP showing High 155 6. Huge pressure less salary 7. manager telling us to give 5 start rating for the company 8. Everyone has engaged to pressuries us to do insurance 9. There is no truth about this. 10. Work life balance worst Customer telling us to withdraw policy but Manager telling us to not to do that.

Salary - Bad

+4 more

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

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 *

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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HDFC Life Procurement Manager Salary FAQs

What is the salary of Procurement Manager at HDFC Life Mumbai?

Procurement Manager salary at HDFC Life in Mumbai ranges between ₹11.5 Lakhs to ₹12.9 Lakhs for experience between 16 years to 22 years. According to our estimates it is 24% less than the average Procurement Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life Mumbai.

How does the salary of a Procurement Manager at HDFC Life Mumbai compare with the average salary range for this job?

The average salary of a Procurement Manager at HDFC Life is 24% less than the average salary of a Procurement Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Procurement Manager at HDFC Life?

Procurement, Purchase Planning, Procurement Planning, Six Sigma Black Belt and DWR are some of the popular skills required to work as a Procurement Manager at HDFC Life Mumbai.

Which similar companies are paying more than HDFC Life to a Procurement Manager in Mumbai?

Hindustan Unilever Procurement Manager Salary - ₹19.6 Lakhs to ₹70.0 Lakhs per year
Larsen & Toubro Limited Procurement Manager Salary - ₹13.8 Lakhs to ₹28.8 Lakhs per year
Reliance Industries Procurement Manager Salary - ₹7.5 Lakhs to ₹37.2 Lakhs per year
Afcons Infrastructure Procurement Manager Salary - ₹14.0 Lakhs to ₹22.0 Lakhs per year

What is the salary of a Procurement Manager in companies similar to HDFC Life in Mumbai?

Kotak Mahindara Life Insurance Procurement Manager Salary - ₹5.0 Lakhs to ₹12.9 Lakhs per year

What is the estimated take home salary of a Procurement Manager at HDFC Life in Mumbai?

The estimated take-home salary of a Procurement Manager at HDFC Life ranges between ₹85,910 per month to ₹88,160 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Procurement Manager salary in India which ranges between ₹11.5 Lakhs to ₹12.9 Lakhs per year for employees with experience between 16 years to 22 years. Check how did we calculate take home salary?

What is the notice period for Procurement Manager at HDFC Life in Mumbai?

According to AmbitionBox, 100% of the HDFC Life Procurement Manager s in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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HDFC Life Procurement Manager Salaries in Mumbai

HDFC Life Procurement Manager salary in Mumbai ranges between ₹11.5 Lakhs to ₹12.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.