HDFC Life Sales Development Manager Salaries by 900+ Employees (Updated 2025)

0 - 8 years exp.

₹1.5 Lakh - ₹5 Lakhs

Salary of majority employees

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30% less than the average Sales Development Manager Salary in Insurance Companies for 0 - 8 years of experience

Interested in this particular role? 6 job openings

Salaries in different departments

BFSI, Investments & Trading Sales Development Manager Salary 0 - 8 years exp. (319 salaries)	Unlock ₹1.5 L/yr - ₹4.6 L/yr
Sales & Business Development Sales Development Manager Salary 0 - 8 years exp. (182 salaries)	Unlock ₹1.5 L/yr - ₹5 L/yr
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Customer Success, Service & Operations Sales Development Manager Salary 0 - 7 years exp. (55 salaries)	Unlock ₹1.8 L/yr - ₹3.8 L/yr
Finance & Accounting Sales Development Manager Salary 0 - 6 years exp. (53 salaries)	Unlock ₹1.8 L/yr - ₹3.6 L/yr
Marketing & Communication Sales Development Manager Salary 0 - 6 years exp. (42 salaries)	Unlock ₹1.8 L/yr - ₹3.5 L/yr

Last Updated: 1 Mar 2025

Companies similar to HDFC Life for Sales Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sales Development Manager Salary 1 - 8 years exp. (4 salaries)	Unlock ₹2.5 L/yr - ₹5.2 L/yr 22% more
SBI Life Insurance Company Sales Development Manager Salary 0 - 8 years exp. (15 salaries)	Unlock ₹2.5 L/yr - ₹4 L/yr 7% less
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Max Life Insurance Sales Development Manager Salary 3 - 5 years exp. (4 salaries)	Unlock ₹1.8 L/yr - ₹3 L/yr 17% less
Bajaj Allianz Life Insurance Sales Development Manager Salary 3 - 9 years exp. (4 salaries)	Unlock ₹1.8 L/yr - ₹8.5 L/yr 50% more
Tata AIA Life Insurance Sales Development Manager Salary 2 - 5 years exp. (5 salaries)	Unlock ₹2.5 L/yr - ₹4.8 L/yr 12% more
Shriram Life Insurance Sales Development Manager Salary 1 - 3 years exp. (7 salaries)	Unlock ₹1.8 L/yr - ₹2.4 L/yr 36% less
HDFC Ergo General Insurance Sales Development Manager Salary 3 - 4 years exp. (4 salaries)	Unlock ₹2.2 L/yr - ₹2.7 L/yr 21% less
Reliance Nippon Life Insurance Sales Development Manager Salary 0 - 3 years exp. (3 salaries)	Unlock ₹2.6 L/yr - ₹3 L/yr 12% less
ICICI Lombard General Insurance Company Sales Development Manager Salary 2 - 14 years exp. (3 salaries)	Unlock ₹3.3 L/yr - ₹6 L/yr 37% more
Kotak Mahindara Life Insurance Sales Development Manager Salary 0 - 4 years exp. (3 salaries)	Unlock ₹3.6 L/yr - ₹6.5 L/yr 40% more

Sales Development Manager salary at HDFC Life ranges between ₹1.5 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 915 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Sales Development Manager

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3 years exp.

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1 year exp.

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5 years exp.

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4 years exp.

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4 years exp.

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4 years exp.

Experience wise HDFC Life Sales Development Manager salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
Fresher (121 salaries)	Unlock ₹1.8 L/yr - ₹4 L/yr
1 year (204 salaries)	Unlock ₹1.5 L/yr - ₹4.6 L/yr
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2 years (202 salaries)	Unlock ₹1.8 L/yr - ₹4 L/yr
3 years (176 salaries)	Unlock ₹1.8 L/yr - ₹5 L/yr
4 years (108 salaries)	Unlock ₹1.8 L/yr - ₹4.5 L/yr
5 years (71 salaries)	Unlock ₹1.8 L/yr - ₹4.3 L/yr
6 years (22 salaries)	Unlock ₹2 L/yr - ₹4 L/yr
7 years (8 salaries)	Unlock ₹2 L/yr - ₹4 L/yr
8 years (3 salaries)	Unlock ₹2.8 L/yr - ₹6.1 L/yr

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From

Sales Development Manager

₹

Lakhs/yr

0 - 8 years exp.

Senior Sales Manager

₹

Lakhs/yr

4 - 13 years exp.

Sales Development Manager 0 - 8 years exp.

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BDM 0 - 10 years exp.

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7% hike

Assistant Sales Manager 1 - 10 years exp.

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36% hike

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Top skills at HDFC Life for Sales Development Manager

Insurance Sales Life Insurance Sales banca sales Bancassurance Bfsi Sales Insurance Banking Sales Salesforce Sales Development Insurance Life Insurance Banking Sales Insurance Sales banca

Salary related reviews for HDFC Life

3.7

Rated by 488 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

Salary - Poor

+5 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

Salary - Excellent

+2 more

Dislikes

Cross sale Pressure is very high

Promotions - Bad

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.

Skill development - Excellent

Dislikes

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

Salary - Bad

+4 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.

Skill development - Good

+5 more

Dislikes

Salary and benefits are very low.

Salary - Poor

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 .

Promotions - Good

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.

Salary - Poor

+5 more

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Salary Discussions, Hike & Promotions

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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 i... read more

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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 ₹5.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 30% less than the average Sales Development Manager Salary in India. Salary estimates are based on 915 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 30% 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 Bancassurance 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?

Bajaj Allianz Life Insurance Sales Development Manager Salary - ₹1.8 Lakhs to ₹8.5 Lakhs per year
Kotak Mahindara Life Insurance Sales Development Manager Salary - ₹3.6 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

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 ₹23,281 per month to ₹24,746 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 ₹5.0 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, 62% of the HDFC Life Sales Development Manager s reported a notice period of 1 Month, 29% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 811 responses on AmbitionBox in last 2 years.

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HDFC Life Sales Development Manager Salaries by Location

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HDFC Life Sales Development Manager Salaries

HDFC Life Sales Development Manager salary in India ranges between ₹1.5 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 915 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Sales Development Manager salaries in India (Updated 2025)

Companies similar to HDFC Life for Sales Development Manager

Latest annual salaries shared by HDFC Life Sales Development Manager

Experience wise HDFC Life Sales Development Manager salaries

Similar Designation salaries in HDFC Life

Top skills at HDFC Life for Sales Development Manager

Salary related reviews for HDFC Life

Sales Development Manager in Mumbai

Sales Development Manager in Navi Mumbai

Sales Development Manager in Indore

Sales Development Manager in Thane

Sales Development Manager in Hamirpur

HDFC Life Sales Development Manager Salary FAQs

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HDFC Life Sales Development Manager Salaries by Location