HDFC Life Retail Banking Officer Salaries by Employees

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₹5.9 Lakhs - ₹7.5 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 9 Feb 2024

Companies similar to HDFC Life for Retail Banking Officer

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Retail Banking Officer Salary 0 - 5 years exp. (34 salaries)	₹2.6 L/yr - ₹4 L/yr 54% less
ICICI Bank Retail Banking Officer Salary 0 - 5 years exp. (30 salaries)	₹2 L/yr - ₹3.6 L/yr 56% less
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HDFC Bank Retail Banking Officer Salary 0 - 6 years exp. (25 salaries)	₹1.8 L/yr - ₹4.7 L/yr 52% less
Standard Chartered Retail Banking Officer Salary 0 - 2 years exp. (9 salaries)	₹1.9 L/yr - ₹3.5 L/yr 54% less
Axis Bank Retail Banking Officer Salary 1 - 4 years exp. (8 salaries)	₹1.5 L/yr - ₹3.5 L/yr 61% less

Retail Banking Officer salary at HDFC Life ranges between ₹5.9 Lakhs to ₹7.5 Lakhs per year for employees with 2 years of experience. Salary estimates are based on 1 latest salaries received from various employees of HDFC Life.

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Salary related reviews for HDFC Life

Senior Associate in Machilipatnam

Full Time

Other Department

4.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Skill development and learning is the main element in the hdfc life. Company culture and environment is very place to work.

Skill development - Excellent

+2 more

Dislikes

...ys. Promotions and appraisals is a joke here less than 6% is the increment here. Salary are very low when compared to other similar industry.

Promotions - Poor

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Hdfc life office is hygienic.

Dislikes

Manager is your god. And manager scold in con call tell fukat ka salary leta hai kya. If you achieve Target then also you will not get increment. Boss gives more priority to girls.

Salary - Bad

+6 more

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

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

Senior Associate in Patna

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 04 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Low salary structure Unwanted work pressure Dirty politics Zero growth if you're not a politician in the company Non recognition of your good work No incentives even after having huge targets Manual rating system of employees, you will be judged by your amount of buttering not by your performance. Overall very bad work culture

Salary - Bad

+6 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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HDFC Life Retail Banking Officer Salary FAQs

How the salary growth look like for a Retail Banking Officer at HDFC Life in India?

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

Experience	Average Salary Range
2 years	₹5.9 Lakhs to ₹7.5 Lakhs per year

and so on.

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HDFC Life Retail Banking Officer Salaries

HDFC Life Retail Banking Officer salary in India ranges between ₹5.9 Lakhs to ₹7.5 Lakhs. This is an estimate based on latest salaries received from employees of HDFC Life.