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HDFC Life

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4.0

based on 8.5k Reviews

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HDFC Life Sales Development Manager salaries in India

Annual salary range
0 - 8 years exp.
₹1.5 Lakh - ₹4.5 Lakhs
Salary of majority employees
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31% less than the average Sales Development Manager Salary in Insurance Companies for 0 - 8 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

BFSI, Investments & Trading
Sales Development Manager Salary
0 - 8 years exp. (341 salaries)
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₹1.5 L/yr - ₹4.5 L/yr

Sales & Business Development
Sales Development Manager Salary
0 - 8 years exp. (182 salaries)
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₹1.5 L/yr - ₹4 L/yr

Customer Success, Service & Operations
Sales Development Manager Salary
0 - 7 years exp. (56 salaries)
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₹1.8 L/yr - ₹3.8 L/yr

Finance & Accounting
Sales Development Manager Salary
0 - 6 years exp. (56 salaries)
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₹1.8 L/yr - ₹3.6 L/yr

Marketing & Communication
Sales Development Manager Salary
0 - 6 years exp. (44 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

Last Updated: 18 Dec 2024

Companies similar to HDFC Life for Sales Development Manager

Company name Avg Annual Salary Open Jobs
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ICICI Prudential Life Insurance Sales Development Manager Salary

1 - 8 years exp. (4 salaries)
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₹2.5 L/yr - ₹5.2 L/yr

arrow icon 24% more
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SBI Life Insurance Company Sales Development Manager Salary

0 - 8 years exp. (15 salaries)
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₹2.5 L/yr - ₹4 L/yr

arrow icon 5% less
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Max Life Insurance Sales Development Manager Salary

3 - 5 years exp. (4 salaries)
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₹1.8 L/yr - ₹3 L/yr

arrow icon 17% less
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Bajaj Allianz Life Insurance Sales Development Manager Salary

3 - 9 years exp. (4 salaries)
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₹1.8 L/yr - ₹5 L/yr

arrow icon 9% more
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Tata AIA Life Insurance Sales Development Manager Salary

2 - 5 years exp. (5 salaries)
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₹2.5 L/yr - ₹4.8 L/yr

arrow icon 14% more
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Shriram Life Insurance Sales Development Manager Salary

1 - 3 years exp. (7 salaries)
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₹1.8 L/yr - ₹2.4 L/yr

arrow icon 35% less
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HDFC Ergo General Insurance Sales Development Manager Salary

3 - 4 years exp. (4 salaries)
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₹2.2 L/yr - ₹2.7 L/yr

arrow icon 20% less
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Kotak Mahindara Life Insurance Sales Development Manager Salary

0 - 5 years exp. (4 salaries)
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₹3.5 L/yr - ₹6.5 L/yr

arrow icon 43% more
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Reliance Nippon Life Insurance Sales Development Manager Salary

0 - 3 years exp. (3 salaries)
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₹2.6 L/yr - ₹3 L/yr

arrow icon 10% less
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ICICI Lombard General Insurance Company Sales Development Manager Salary

2 - 14 years exp. (3 salaries)
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₹3.3 L/yr - ₹6 L/yr

arrow icon 39% more
Sales Development Manager salary at HDFC Life ranges between ₹1.5 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 964 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Sales Development Manager

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Experience wise HDFC Life Sales Development Manager salaries

Last Updated: 18 Dec 2024

Experience Avg Annual Salary
Fresher  (124 salaries)

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₹1.8 L/yr - ₹4 L/yr
1 year  (216 salaries)

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₹1.5 L/yr - ₹4.5 L/yr
2 years  (219 salaries)

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₹1.8 L/yr - ₹4 L/yr
3 years  (184 salaries)

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₹1.8 L/yr - ₹4.2 L/yr
4 years  (109 salaries)

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₹1.8 L/yr - ₹4.1 L/yr
View all

Similar Designation salaries in HDFC Life

Corporate Agency Manager Salary
(1.9k salaries)
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₹1.8 L/yr - ₹5.12 L/yr
Senior Corporate Agency Manager Salary
(1.8k salaries)
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₹2.85 L/yr - ₹5.75 L/yr
Bancassurance Manager Salary
(1.1k salaries)
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₹3 L/yr - ₹7 L/yr
Relationship Manager Salary
(761 salaries)
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₹1.7 L/yr - ₹5 L/yr
Senior Relationship Manager Salary
(332 salaries)
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₹2 L/yr - ₹5 L/yr
Cluster Manager Salary
(292 salaries)
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₹5.65 L/yr - ₹12 L/yr
Agency Development Manager Salary
(285 salaries)
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₹2.5 L/yr - ₹6.5 L/yr
Associate Circle Head Salary
(259 salaries)
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₹5.4 L/yr - ₹14 L/yr
Branch Manager Salary
(247 salaries)
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₹5.5 L/yr - ₹12.5 L/yr
Senior Corporate Sales Manager Salary
(174 salaries)
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₹5.48 L/yr - ₹14 L/yr

Top skills at HDFC Life for Sales Development Manager

Insurance Sales Life Insurance Sales banca sales Insurance Bancassurance Banking Sales Sales Development Insurance banca Relationship Management Bfsi Sales Business Development Sales Cross Sales

Salary related reviews for HDFC Life

3.7

Rated by 464 employees for salary & benefits

Sales Development Manager in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 22 Mar 2023
2.0
 for  Salary and Benefits

Likes

Not strict work environment Leaves we can easily get for any purpose

Dislikes

Relieving/Experience certificate delayed. Increased salary taken back after resignation. HR not supportive Managers all are not helpful and don't want to take responsibility Salary too low and incentives also hardly we earn

read more

Sales Development Manager in Navi Mumbai

Full Time

 · 

Bancassurace-alliance Department

4.0
  •  posted on 04 May 2022
5.0
 for  Salary and Benefits

Likes

Working Environment Is very good even the bosses Also in a pandamic company not done any cost cutting they provided a full salary of all employees After Covid They added Retail in Employees Kra means if you want promotion then you have to achieve your Retail Target Is mandatory Working Time Is Very Good

read more

Dislikes

Cross sale Pressure is very high

Sales Development Manager in Indore

Bancasurance Department

4.0
  •  posted on 12 Apr 2019
1.0
 for  Salary and Benefits

Likes

Hdfc life has good products which you can sale easily in market.

Dislikes

...e your business to your collogue who is ready to do everything on there words. Compensation issues, Bussiness issues, Location issues,

read more

Sales Development Manager in Thane

RBL Bank Branch Banking Department

5.0
  •  posted on 18 Jan 2022
2.0
 for  Salary and Benefits

Likes

Job Security, Work Culture, Management and Company Culture is excellent. Will give you an opportunity even if you don't have insurance background. Helpful in career growth and personal development.

read more

Dislikes

Salary and benefits are very low.

Sales Development Manager in Hamirpur

Sales & Business Development Department

3.0
  •  posted on 20 May 2021
2.0
 for  Salary and Benefits

Likes

...t.teams mate are supportive bt management is bad.there is no mrng tea in office.neither a good salary .

read more

Dislikes

There is a lot of politics with fls by upline.worst environment.thay doest not adress our issue. Too much pressure by upline ACH, CH, hr management. They always degrade to fls. No one is supportive.

read more
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1w
a technical project manager
Deadend
Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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HDFC Life Sales Development Manager Salary FAQs

What is the salary of Sales Development Manager at HDFC Life?
Sales Development Manager salary at HDFC Life in India ranges between ₹1.5 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 31% less than the average Sales Development Manager Salary in India. Salary estimates are based on 964 latest salaries received from various employees of HDFC Life India.
How does the salary of a Sales Development Manager at HDFC Life India compare with the average salary range for this job?
The average salary of a Sales Development Manager at HDFC Life is 31% less than the average salary of a Sales Development Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Sales Development Manager at HDFC Life?
Insurance Sales, Life Insurance, Sales, banca sales and Insurance are some of the popular skills required to work as a Sales Development Manager at HDFC Life India.
Which similar companies are paying more than HDFC Life to a Sales Development Manager in India?
  • Kotak Mahindara Life Insurance Sales Development Manager Salary - ₹3.5 Lakhs to ₹6.5 Lakhs per year
  • ICICI Lombard General Insurance Company Sales Development Manager Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year
  • ICICI Prudential Life Insurance Sales Development Manager Salary - ₹2.5 Lakhs to ₹5.2 Lakhs per year
  • Tata AIA Life Insurance Sales Development Manager Salary - ₹2.5 Lakhs to ₹4.8 Lakhs per year
  • Bajaj Allianz Life Insurance Sales Development Manager Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
What is the salary of a Sales Development Manager in companies similar to HDFC Life in India?
  • SBI Life Insurance Company Sales Development Manager Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
  • Reliance Nippon Life Insurance Sales Development Manager Salary - ₹2.6 Lakhs to ₹3.0 Lakhs per year
  • Max Life Insurance Sales Development Manager Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
  • HDFC Ergo General Insurance Sales Development Manager Salary - ₹2.2 Lakhs to ₹2.7 Lakhs per year
  • Shriram Life Insurance Sales Development Manager Salary - ₹1.8 Lakhs to ₹2.4 Lakhs per year
What is the estimated take home salary of a Sales Development Manager at HDFC Life in India?
The estimated take-home salary of a Sales Development Manager at HDFC Life ranges between ₹22,846 per month to ₹24,317 per month in India. The take-home salary calculation is based on the average HDFC Life Sales Development Manager salary in India which ranges between ₹1.5 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for Sales Development Manager at HDFC Life?
According to AmbitionBox, 60% of the HDFC Life Sales Development Manager s reported a notice period of 1 Month, 30% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 813 responses on AmbitionBox in last 2 years.

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HDFC Life Sales Development Manager Salaries by Location

HDFC Life Sales Development Manager salary in India ranges between ₹1.5 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 964 HDFC Life latest salaries received from various employees of HDFC Life.