HDFC Life Chennai Sales Development Manager Salaries by 50+ Employees (Updated 2025)

0 - 7 years exp.

₹1.9 Lakh - ₹4 Lakhs

Salary of majority employees

12% less than the average Sales Development Manager Salary in Insurance Companies for 0 - 7 years of experience

Interested in this particular role? 8 job openings

Salaries in different departments

BFSI, Investments & Trading Sales Development Manager Salary 0 - 6 years exp. (19 salaries)	₹1.9 L/yr - ₹4 L/yr
Sales & Business Development Sales Development Manager Salary 0 - 6 years exp. (14 salaries)	₹2.3 L/yr - ₹4 L/yr
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Finance & Accounting Sales Development Manager Salary 3 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr
Marketing & Communication Sales Development Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.4 L/yr

Last Updated: 26 Jan 2025

Companies similar to HDFC Life for Sales Development Manager in Chennai

HDFC Life Sales Development Manager Salary

0 - 7 years exp. (50 salaries)

₹1.9 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Abbott Sales Development Manager Salary 9 - 15 years exp. (10 salaries)	₹6 L/yr - ₹13 L/yr 183% more
Abbott Nutrition International Sales Development Manager Salary 9 - 16 years exp. (6 salaries)	₹8.2 L/yr - ₹12 L/yr 214% more
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Hatsun Agro Product Sales Development Manager Salary 6 - 8 years exp. (4 salaries)	₹3.4 L/yr - ₹6.6 L/yr 36% more
Maruti Suzuki Sales Development Manager Salary 7 - 9 years exp. (3 salaries)	₹14.8 L/yr - ₹21.5 L/yr 427% more

Sales Development Manager salary at HDFC Life ranges between ₹1.9 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 50 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Sales Development Manager salaries in Chennai

Last Updated: 26 Jan 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	₹2.4 L/yr - ₹3.3 L/yr
1 year (9 salaries)	₹2 L/yr - ₹3.3 L/yr
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2 years (9 salaries)	₹2 L/yr - ₹4 L/yr
3 years (11 salaries)	₹2 L/yr - ₹4 L/yr
4 years (10 salaries)	₹2 L/yr - ₹6 L/yr
5 years (3 salaries)	₹1.9 L/yr - ₹6.1 L/yr
6 years (3 salaries)	₹2.3 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr

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From

Sales Development Manager

₹

Lakhs/yr

0 - 8 years exp.

Senior Sales Manager

₹

Lakhs/yr

4 - 14 years exp.

Sales Development Manager 0 - 8 years exp.

BDM 0 - 10 years exp.

5% hike

Assistant Sales Manager 1 - 10 years exp.

39% hike

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₹5.5 L/yr - ₹13 L/yr

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₹3.25 L/yr - ₹5 L/yr

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₹6.75 L/yr - ₹11 L/yr

Associate Circle Head Salary

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₹7.5 L/yr - ₹11.8 L/yr

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

3.5

Rated by 10 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

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

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HDFC Life Sales Development Manager Salary FAQs

What is the salary of Sales Development Manager at HDFC Life Chennai?

Sales Development Manager salary at HDFC Life in Chennai ranges between ₹1.9 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 12% less than the average Sales Development Manager Salary in India. Salary estimates are based on 50 latest salaries received from various employees of HDFC Life Chennai.

How does the salary of a Sales Development Manager at HDFC Life Chennai compare with the average salary range for this job?

The average salary of a Sales Development Manager at HDFC Life is 12% less than the average salary of a Sales Development Manager in Chennai. 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 Chennai.

Which similar companies are paying more than HDFC Life to a Sales Development Manager in Chennai?

Maruti Suzuki Sales Development Manager Salary - ₹14.8 Lakhs to ₹21.5 Lakhs per year
Abbott Nutrition International Sales Development Manager Salary - ₹8.2 Lakhs to ₹12.0 Lakhs per year
Abbott Sales Development Manager Salary - ₹6.0 Lakhs to ₹13.0 Lakhs per year
Hatsun Agro Product Sales Development Manager Salary - ₹3.4 Lakhs to ₹6.6 Lakhs per year

What is the estimated take home salary of a Sales Development Manager at HDFC Life in Chennai?

The estimated take-home salary of a Sales Development Manager at HDFC Life ranges between ₹24,305 per month to ₹25,754 per month in Chennai. The take-home salary calculation is based on the average HDFC Life Sales Development Manager salary in India which ranges between ₹1.9 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Sales Development Manager at HDFC Life in Chennai?

According to AmbitionBox, 83% of the HDFC Life Sales Development Manager s in Chennai reported a notice period of 1 Month, 17% reported a notice period of 15 days or less.This is based on 29 responses on AmbitionBox in last 2 years.

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HDFC Life Sales Development Manager Salaries in Chennai

HDFC Life Sales Development Manager salary in Chennai ranges between ₹1.9 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 50 HDFC Life latest salaries received from various employees of HDFC Life.