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HDFC Life

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3.9

based on 9.3k Reviews

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HDFC Life Relationship Manager salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
0 - 6 years exp.
₹2 Lakhs - ₹4 Lakhs
Salary of majority employees
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36% less than the average Relationship Manager Salary in Insurance Companies for 0 - 6 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading
Relationship Manager Salary
0 - 6 years exp. (11 salaries)
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₹2.4 L/yr - ₹4 L/yr

Sales & Business Development
Relationship Manager Salary
0 - 5 years exp. (11 salaries)
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₹2.5 L/yr - ₹4 L/yr

Finance & Accounting
Relationship Manager Salary
0 - 3 years exp. (5 salaries)
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₹2.2 L/yr - ₹3.8 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
2 - 5 years exp. (4 salaries)
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₹2.5 L/yr - ₹3.5 L/yr

Marketing & Communication
Relationship Manager Salary
2 - 3 years exp. (4 salaries)
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₹2.8 L/yr - ₹4 L/yr

Last Updated: 20 Mar 2025

Companies similar to HDFC Life for Relationship Manager in Bangalore / Bengaluru

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HDFC Life Relationship Manager Salary

0 - 6 years exp. (48 salaries)
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₹2 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Tata AIA Life Insurance Relationship Manager Salary

0 - 9 years exp. (111 salaries)
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₹2.1 L/yr - ₹5.6 L/yr

arrow icon 16% more
 71 job openings
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Bajaj Allianz Life Insurance Relationship Manager Salary

0 - 10 years exp. (53 salaries)
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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 2% less
 23 job openings
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ICICI Prudential Life Insurance Relationship Manager Salary

0 - 4 years exp. (43 salaries)
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₹3 L/yr - ₹6.5 L/yr

arrow icon 33% more
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Axis Max Life Insurance Relationship Manager Salary

0 - 11 years exp. (30 salaries)
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₹2.5 L/yr - ₹6.5 L/yr

arrow icon 34% more
 5 job openings
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Kotak Mahindara Life Insurance Relationship Manager Salary

0 - 7 years exp. (29 salaries)
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₹2.3 L/yr - ₹7 L/yr

arrow icon 2% more
 16 job openings
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ICICI Lombard General Insurance Company Relationship Manager Salary

0 - 12 years exp. (19 salaries)
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₹3.5 L/yr - ₹7 L/yr

arrow icon 35% more
 2 job openings
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Aditya Birla Sun Life Insurance Relationship Manager Salary

0 - 7 years exp. (17 salaries)
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₹2.5 L/yr - ₹5 L/yr

arrow icon 17% more
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Reliance Nippon Life Insurance Relationship Manager Salary

1 - 8 years exp. (7 salaries)
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₹2.6 L/yr - ₹5 L/yr

arrow icon 3% more
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Shriram Life Insurance Relationship Manager Salary

1 - 5 years exp. (3 salaries)
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₹3 L/yr - ₹5.5 L/yr

arrow icon 19% more
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Empower Relationship Manager Salary

1 - 9 years exp. (3 salaries)
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₹3.5 L/yr - ₹6.5 L/yr

arrow icon 54% more
Relationship Manager salary at HDFC Life ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 48 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Relationship Manager in Bangalore / Bengaluru

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Experience wise HDFC Life Relationship Manager salaries in Bangalore / Bengaluru

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
Fresher  (8 salaries)

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₹2 L/yr - ₹5.7 L/yr
1 year  (13 salaries)

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₹2 L/yr - ₹3.4 L/yr
2 years  (7 salaries)

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₹2.5 L/yr - ₹3.5 L/yr
3 years  (10 salaries)

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₹2.2 L/yr - ₹4 L/yr
4 years  (5 salaries)

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₹2.6 L/yr - ₹3.5 L/yr
View all
HDFC Life Relationship Manager Salary and Career Growth

From

To

Relationship Manager

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0 - 8 years exp.

Senior Relationship Manager

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2 - 9 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDFC Life

Deputy Manager Salary
(108 salaries)
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₹4.5 L/yr - ₹12.75 L/yr
Sales Manager Salary
(71 salaries)
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₹2 L/yr - ₹7.3 L/yr
Branch Manager Salary
(33 salaries)
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₹6.8 L/yr - ₹11 L/yr
Territory Manager Salary
(12 salaries)
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₹10.63 L/yr - ₹21 L/yr

Top skills at HDFC Life for Relationship Manager

Insurance Sales Life Insurance Relationship Management Sales direct marketing Life Insurance Insurance Sales Banking Sales Field Sales Field Sales Corporate Sales Direct Sales Bancassurance Business Development Banking Sales

Salary related reviews for HDFC Life

2.0

Rated by 7 employees for salary & benefits

Relationship Manager in Bhubaneswar

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 05 May 2024
2.0
 for  Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

read more
  • Salary - Poor
    • +4 more

Relationship Manager in Kurnool

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 26 Jun 2022
4.0
 for  Salary and Benefits

Likes

Good work environment and culture. Area manager mamidi praveen is very bad person. Company policies are good, appraisals are fair.

read more
  • Salary - Good
    • +1 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is abond of 1 year before which you cannot resign. Aria manager Mamidi praveen is very bad person.

read more
  • Promotions - Bad
    • +1 more

Relationship Manager in New Delhi

BFSI, Investments & Trading Department

1.0
  •  posted on 29 Jul 2020
1.0
 for  Salary and Benefits

Likes

...ammates are not supportive only politics and management also not transparent. Company policies are not good,appraisals are not fair and not any bonus and also not hike salary.

read more

Dislikes

  • Salary - Bad
  • Skill development - Bad
    • +5 more

Relationship Manager in Ranchi

Direct Marketing Department

5.0
  •  posted on 23 Jun 2021
5.0
 for  Salary and Benefits

Likes

...nd culture.Teammates are supportive and the management is helpfull in all part .when I the tatget are achieved promotion plus hike salary. Job security.

read more
  • Salary - Excellent
    • +6 more

Dislikes

I am work with HDFC life there is no disadvantages .This is my personal problem to leave this organisation.

Relationship Manager in Mumbai

BFSI, Investments & Trading Department

1.0
  •  posted on 06 Sep 2018
1.0
 for  Salary and Benefits

Likes

Company have good policies...better platform to grow..if u ambitious about work...good opportunity to Higher Position .Good earing structure also there.

read more

Dislikes

Management people team Dont even care about Employee .... and U'll have to loose ur monthly salary and Job also because of management wants .... I Feel worst company management system..where U complaint Harrassment and Management not giving u responce.

read more
  • Salary - Bad
    • +6 more
see more salary related reviews

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2w
a manager - business analyst
Shifting from Bangalore to Hyderabad
I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts
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HDFC Life Relationship Manager Salary FAQs

What is the salary of Relationship Manager at HDFC Life in Bangalore / Bengaluru?
The average salary of a Relationship Manager at HDFC Life in Bangalore / Bengaluru typically ranges from ₹2.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Relationship Manager in Bangalore / Bengaluru at HDFC Life earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Relationship 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 40+ HDFC Life employees in India.
What is the estimated take home salary of a Relationship Manager at HDFC Life in Bangalore / Bengaluru?
The estimated take-home salary of a Relationship Manager at HDFC Life in Bangalore / Bengaluru typically ranges from ₹25,267 to ₹26,702 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher 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 40+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Relationship Manager at HDFC Life in Bangalore / Bengaluru?
To be a Relationship Manager at HDFC Life in Bangalore / Bengaluru, the key skills required include:

  • - Insurance Sales
  • - Life Insurance
  • - Relationship Management
  • - Sales
  • - direct marketing

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HDFC Life for Relationship Manager in India?
Empower ₹3.5 Lakhs to ₹6.5 Lakhs per year
ICICI Lombard General Insurance Company ₹3.5 Lakhs to ₹7.0 Lakhs per year
Axis Max Life Insurance ₹2.5 Lakhs to ₹6.5 Lakhs per year
ICICI Prudential Life Insurance ₹3.0 Lakhs to ₹6.5 Lakhs per year
Shriram Life Insurance ₹3.0 Lakhs to ₹5.5 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 Relationship Manager in companies similar to HDFC Life in Bangalore / Bengaluru?
The salary of a Relationship Manager at companies similar to HDFC Life in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Sun Life Insurance ₹2.5 Lakhs to ₹5.0 Lakhs per year
Tata AIA Life Insurance ₹2.1 Lakhs to ₹5.6 Lakhs per year
Reliance Nippon Life Insurance ₹2.6 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindara Life Insurance ₹2.3 Lakhs to ₹7.0 Lakhs per year
Bajaj Allianz Life Insurance ₹2.2 Lakhs to ₹4.5 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 Relationship Manager at HDFC Life in Bangalore / Bengaluru?
The salary growth for a Relationship Manager at HDFC Life in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Relationship Manager in Bangalore / Bengaluru can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹5.7 Lakhs per year
1 year ₹2.0 Lakhs to ₹3.4 Lakhs per year
2 years ₹2.5 Lakhs to ₹3.5 Lakhs per year
3 years ₹2.2 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Life Relationship Manager salary in Bangalore / Bengaluru ranges between ₹2 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 48 HDFC Life latest salaries received from various employees of HDFC Life.