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

2 - 9 years exp.

₹11 Lakhs - ₹15.7 Lakhs

Salary of majority employees

6% less than 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 in Mumbai

HDFC Life Production Manager Salary

2 - 9 years exp. (5 salaries)

₹11 L/yr - ₹15.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Production Manager Salary 3 - 4 years exp. (3 salaries)	₹10.8 L/yr - ₹13.8 L/yr 11% less
ICICI Lombard General Insurance Company Production Manager Salary 0 - 5 years exp. (6 salaries)	₹5.9 L/yr - ₹15 L/yr 25% less
Login to view exact salary
ICICI Bank Production Manager Salary 1 - 8 years exp. (38 salaries)	₹5.9 L/yr - ₹23.9 L/yr At par
Deepak Fertilisers and Petrochemicals Production Manager Salary 1 - 11 years exp. (22 salaries)	₹3.4 L/yr - ₹7.8 L/yr 57% less
Ceat Tyres Production Manager Salary 7 - 15 years exp. (22 salaries)	₹9.7 L/yr - ₹19 L/yr 2% more

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 in Mumbai

Last Updated: 6 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹11 L/yr - ₹23.5 L/yr
3 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.1 L/yr
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4 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.3 L/yr
5 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr
6 years (3 salaries)	₹11.9 L/yr - ₹15.7 L/yr
7 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.8 L/yr
8 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹16 L/yr
9 years (AmbitionBox Estimate)	₹11 L/yr - ₹25.2 L/yr

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Similar Designation salaries in HDFC Life

Deputy Manager Salary

(474 salaries)

₹3.5 L/yr - ₹14.4 L/yr

Operations Manager Salary

(9 salaries)

₹1.45 L/yr - ₹10 L/yr

Salary related reviews for HDFC Life

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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Top trending discussions

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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HDFC Life Production Manager Salary FAQs

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

Production Manager salary at HDFC Life in Mumbai ranges between ₹11.0 Lakhs to ₹15.7 Lakhs for experience between 2 years to 9 years. According to our estimates it is 6% less than the average Production Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life Mumbai.

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

The average salary of a Production Manager at HDFC Life is 6% less than the average salary of a Production Manager in Mumbai. To know exact salary insights, login to view.

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

Ceat Tyres Production Manager Salary - ₹9.7 Lakhs to ₹19.0 Lakhs per year
ICICI Bank Production Manager Salary - ₹5.9 Lakhs to ₹23.9 Lakhs per year

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

Kotak Mahindara Life Insurance Production Manager Salary - ₹10.8 Lakhs to ₹13.8 Lakhs per year
ICICI Lombard General Insurance Company Production Manager Salary - ₹5.9 Lakhs to ₹15.0 Lakhs per year
Deepak Fertilisers and Petrochemicals Production Manager Salary - ₹3.4 Lakhs to ₹7.8 Lakhs per year

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

The estimated take-home salary of a Production Manager at HDFC Life ranges between ₹94,890 per month to ₹97,447 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Production Manager salary in India which ranges between ₹11.0 Lakhs to ₹15.7 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the HDFC Life Production Managers in Mumbai reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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HDFC Life Production Manager Salaries in Mumbai

HDFC Life Production Manager salary in Mumbai 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.