HDFC Life Indore Relationship Manager Salaries by 20+ Employees (Updated 2025)

0 - 6 years exp.

₹1.8 Lakh - ₹4.5 Lakhs

Salary of majority employees

37% 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. (10 salaries)	₹1.8 L/yr - ₹4.5 L/yr
Sales & Business Development Relationship Manager Salary 1 - 5 years exp. (7 salaries)	₹2.5 L/yr - ₹4.5 L/yr
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Marketing & Communication Relationship Manager Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.8 L/yr
Customer Success, Service & Operations Relationship Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.7 L/yr

Last Updated: 1 Mar 2025

Companies similar to HDFC Life for Relationship Manager in Indore

HDFC Life Relationship Manager Salary

0 - 6 years exp. (24 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Nippon Life Insurance Relationship Manager Salary 3 - 8 years exp. (4 salaries)	₹2.2 L/yr - ₹4 L/yr 6% more
Aviva Life Insurance India Relationship Manager Salary 3 - 6 years exp. (6 salaries)	₹3.3 L/yr - ₹3.8 L/yr 9% more	1 job opening
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ICICI Lombard General Insurance Company Relationship Manager Salary 0 - 11 years exp. (18 salaries)	₹2.8 L/yr - ₹5.7 L/yr 34% more	2 job openings
Aditya Birla Sun Life Insurance Relationship Manager Salary 0 - 6 years exp. (6 salaries)	₹3 L/yr - ₹4.1 L/yr 11% more
ICICI Bank Relationship Manager Salary 0 - 16 years exp. (600 salaries)	₹2.5 L/yr - ₹11 L/yr 101% more	1 job opening

Relationship Manager salary at HDFC Life ranges between ₹1.8 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 24 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Relationship Manager salaries in Indore

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.8 L/yr
1 year (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
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2 years (6 salaries)	₹1.8 L/yr - ₹6 L/yr
3 years (7 salaries)	₹2.5 L/yr - ₹4.5 L/yr
4 years (5 salaries)	₹2.8 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.3 L/yr
6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr

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From

Relationship Manager

0 - 9 years exp.

Senior Relationship Manager

₹

Lakhs/yr

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

Branch Manager Salary

(10 salaries)

₹6.5 L/yr - ₹10.3 L/yr

Area Sales Manager Salary

(4 salaries)

₹3.2 L/yr - ₹6 L/yr

Territory Manager Salary

(3 salaries)

₹10.75 L/yr - ₹16 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

2.4

Rated by 5 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.

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.

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.

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.

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.

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.

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.

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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HDFC Life Relationship Manager Salary FAQs

What is the salary of Relationship Manager at HDFC Life Indore?

Relationship Manager salary at HDFC Life in Indore ranges between ₹1.8 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 37% less than the average Relationship Manager Salary in India. Salary estimates are based on 24 latest salaries received from various employees of HDFC Life Indore.

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

The average salary of a Relationship Manager at HDFC Life is 37% less than the average salary of a Relationship Manager in Indore. To know exact salary insights, login to view.

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

Insurance Sales, Life Insurance, Relationship Management, Sales and direct marketing are some of the popular skills required to work as a Relationship Manager at HDFC Life Indore.

Which similar companies are paying more than HDFC Life to a Relationship Manager in Indore?

ICICI Bank Relationship Manager Salary - ₹2.5 Lakhs to ₹11.0 Lakhs per year
ICICI Lombard General Insurance Company Relationship Manager Salary - ₹2.8 Lakhs to ₹5.7 Lakhs per year
Aditya Birla Sun Life Insurance Relationship Manager Salary - ₹3.0 Lakhs to ₹4.1 Lakhs per year
Aviva Life Insurance India Relationship Manager Salary - ₹3.3 Lakhs to ₹3.8 Lakhs per year
Reliance Nippon Life Insurance Relationship Manager Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Relationship Manager at HDFC Life in Indore?

The estimated take-home salary of a Relationship Manager at HDFC Life ranges between ₹25,175 per month to ₹26,611 per month in Indore. The take-home salary calculation is based on the average HDFC Life Relationship Manager salary in India which ranges between ₹1.8 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at HDFC Life in Indore?

According to AmbitionBox, 55% of the HDFC Life Relationship Managers in Indore reported a notice period of 15 days or less, 45% reported a notice period of 1 Month.This is based on 11 responses on AmbitionBox in last 2 years.

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HDFC Life Relationship Manager Salaries in Indore

HDFC Life Relationship Manager salary in Indore ranges between ₹1.8 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 HDFC Life latest salaries received from various employees of HDFC Life.