HDFC Life Production Manager Salaries by 5 Employees (Updated 2025)

2 - 9 years exp.

₹11 Lakhs - ₹15.7 Lakhs

Low Confidence

Salary of majority employees

At par with the average Production Manager Salary in Insurance Companies for 2 - 9 years of experience

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Last Updated: 6 Mar 2025

Companies similar to HDFC Life for Production Manager

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Production Manager Salary 0 - 2 years exp. (3 salaries)	₹7.8 L/yr - ₹26 L/yr 6% more
Kotak Mahindara Life Insurance Production Manager Salary 3 - 4 years exp. (3 salaries)	₹10.8 L/yr - ₹13.8 L/yr 13% less
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ICICI Lombard General Insurance Company Production Manager Salary 0 - 5 years exp. (14 salaries)	₹5.9 L/yr - ₹18.5 L/yr 19% less
SBI General Insurance Production Manager Salary 0 - 8 years exp. (3 salaries)	₹7.5 L/yr - ₹12 L/yr 29% less
Sun Pharmaceutical Industries Production Manager Salary 12 - 22 years exp. (169 salaries)	₹6.2 L/yr - ₹24.5 L/yr 10% more	2 job openings

Production Manager salary at HDFC Life ranges between ₹11 Lakhs to ₹15.7 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Production Manager salaries

Last Updated: 6 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹11 L/yr - ₹23.9 L/yr
3 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.4 L/yr
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4 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr
5 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.7 L/yr
6 years (3 salaries)	₹11.9 L/yr - ₹15.7 L/yr
7 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
8 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
9 years (AmbitionBox Estimate)	₹11 L/yr - ₹25.6 L/yr

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Similar Designation salaries in HDFC Life

Operations Manager Salary

(38 salaries)

₹1.45 L/yr - ₹10.43 L/yr

Deputy Manager Salary

(732 salaries)

₹3.5 L/yr - ₹12.14 L/yr

Senior Officer Salary

(5 salaries)

₹2.25 L/yr - ₹4 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Assistant General Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Officer Salary

(6 salaries)

₹2.2 L/yr - ₹3.56 L/yr

Supervisor Salary

(4 salaries)

₹2 L/yr - ₹4 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Salary related reviews for HDFC Life

5.0

Rated by 1 employees for salary & benefits

Operations Manager in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 26 Nov 2023

1.0

for Salary and Benefits

Likes

The way they make fool our of you. JD and actual work are really different. Popular statement "I am a really considerate manager".

Job security - Excellent

Dislikes

Usual work day is for about 12 hrs On document Saturday is a non working day but you will be forced to work with out pay. Overtime is a myth Promotion depends upon L1's will. Variable pay is only for MT's and chief manager & above Huge gap in pay at same band.

Salary - Bad

+4 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

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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HDFC Life Production Manager Salary FAQs

What is the salary of Production Manager at HDFC Life ?

The average salary of a Production Manager at HDFC Life in India typically ranges from ₹11.0 Lakhs to ₹15.7 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Production Manager at HDFC Life earn more than ₹15.7 Lakhs per year, and the top 1% earn over ₹15.7 Lakhs per year. Production 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 5 HDFC Life employees in India.

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

The estimated take-home salary of a Production Manager at HDFC Life in India typically ranges from ₹96,245 to ₹98,845 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹15.7 Lakhs per year for employees with experience ranging from 2 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 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 Production Manager in India?

Sun Pharmaceutical Industries	₹6.2 Lakhs to ₹24.5 Lakhs per year
SBI Life Insurance Company	₹7.8 Lakhs to ₹26.0 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 Production Manager in companies similar to HDFC Life in India?

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

Kotak Mahindara Life Insurance	₹10.8 Lakhs to ₹13.8 Lakhs per year
ICICI Lombard General Insurance Company	₹5.9 Lakhs to ₹18.5 Lakhs per year
SBI General Insurance	₹7.5 Lakhs to ₹12.0 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 Production Manager at HDFC Life in India?

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

Experience	Average Salary Range
2 years	₹11.0 Lakhs to ₹23.9 Lakhs per year
3 years	₹12.1 Lakhs to ₹15.4 Lakhs per year
4 years	₹12.2 Lakhs to ₹15.6 Lakhs per year
5 years	₹12.3 Lakhs to ₹15.7 Lakhs per year

and so on.

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HDFC Life Production Manager Salaries

HDFC Life Production Manager salary in India ranges between ₹11 Lakhs to ₹15.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Life latest salaries received from various employees of HDFC Life.