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HDFC Life

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3.9

based on 9.3k Reviews

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HDFC Life Sales Development Manager salaries in New Delhi (Updated 2025)

Annual salary range
0 - 8 years exp.
₹1.8 Lakh - ₹4.1 Lakhs
Salary of majority employees
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24% less than the average Sales Development Manager Salary in Insurance Companies for 0 - 8 years of experience

Interested in this particular role? 11 job openings

Salaries in different departments

BFSI, Investments & Trading
Sales Development Manager Salary
0 - 8 years exp. (38 salaries)
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₹2 L/yr - ₹4.3 L/yr

Sales & Business Development
Sales Development Manager Salary
0 - 8 years exp. (25 salaries)
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₹1.8 L/yr - ₹4 L/yr

Customer Success, Service & Operations
Sales Development Manager Salary
0 - 3 years exp. (6 salaries)
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₹2.2 L/yr - ₹3.5 L/yr

Marketing & Communication
Sales Development Manager Salary
0 - 3 years exp. (4 salaries)
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₹2.5 L/yr - ₹3.5 L/yr

Finance & Accounting
Sales Development Manager Salary
0 - 2 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.6 L/yr

Last Updated: 17 Feb 2025

Companies similar to HDFC Life for Sales Development Manager in New Delhi

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HDFC Life Sales Development Manager Salary

0 - 8 years exp. (97 salaries)
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₹1.8 L/yr - ₹4.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Abbott Sales Development Manager Salary

9 - 17 years exp. (11 salaries)
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₹8.5 L/yr - ₹15.5 L/yr

arrow icon 207% more
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Abbott Nutrition International Sales Development Manager Salary

7 - 12 years exp. (9 salaries)
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₹7.1 L/yr - ₹13.7 L/yr

arrow icon 220% more
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Hatsun Agro Product Sales Development Manager Salary

4 - 10 years exp. (5 salaries)
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₹5.2 L/yr - ₹6.5 L/yr

arrow icon 78% more
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Godfrey Phillips India Sales Development Manager Salary

4 - 14 years exp. (4 salaries)
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₹18 L/yr - ₹30 L/yr

arrow icon 615% more
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BYJU'S Sales Development Manager Salary

3 - 7 years exp. (4 salaries)
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₹6.8 L/yr - ₹15 L/yr

arrow icon 242% more
Sales Development Manager salary at HDFC Life ranges between ₹1.8 Lakh to ₹4.1 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 97 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Sales Development Manager in New Delhi

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Experience wise HDFC Life Sales Development Manager salaries in New Delhi

Last Updated: 17 Feb 2025

Experience Avg Annual Salary
Fresher  (16 salaries)

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₹2.2 L/yr - ₹4 L/yr
1 year  (19 salaries)

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₹1.8 L/yr - ₹3.6 L/yr
2 years  (21 salaries)

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₹2.2 L/yr - ₹4 L/yr
3 years  (16 salaries)

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₹2.2 L/yr - ₹4 L/yr
4 years  (14 salaries)

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₹2.5 L/yr - ₹4.1 L/yr
View all
HDFC Life Sales Development Manager Salary and Career Growth

From

To

Sales Development Manager

₹unlock blur Lakhs/yr

0 - 8 years exp.

Senior Sales Manager

₹unlock blur Lakhs/yr

4 - 14 years exp.

Sales Development Manager

0 - 8 years exp.
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BDM

0 - 10 years exp.
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arrow icon 6% hike

Assistant Sales Manager

1 - 11 years exp.
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arrow icon 35% hike
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

Senior Corporate Agency Manager Salary
(337 salaries)
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₹2.85 L/yr - ₹6 L/yr
Bancassurance Manager Salary
(236 salaries)
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₹3.5 L/yr - ₹7 L/yr
Corporate Agency Manager Salary
(182 salaries)
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₹2.05 L/yr - ₹5 L/yr
Relationship Manager Salary
(49 salaries)
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₹2 L/yr - ₹4.5 L/yr
Branch Manager Salary
(43 salaries)
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₹6.15 L/yr - ₹12 L/yr
Agency Development Manager Salary
(31 salaries)
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₹3 L/yr - ₹6 L/yr
Senior Corporate Sales Manager Salary
(25 salaries)
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₹6.48 L/yr - ₹13.85 L/yr
Senior Relationship Manager Salary
(24 salaries)
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₹2.8 L/yr - ₹5 L/yr
Cluster Manager Salary
(24 salaries)
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₹6.2 L/yr - ₹12 L/yr
Associate Relationship Manager Salary
(6 salaries)
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₹3.2 L/yr - ₹4.51 L/yr

Top skills at HDFC Life for Sales Development Manager

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

Salary related reviews for HDFC Life

3.4

Rated by 16 employees for salary & benefits

Sales Development Manager in New Delhi

Other Department

3.0
  •  posted on 16 Oct 2017
4.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here.

read more
  • Salary - Good
    • +1 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

read more
  • Job security - Poor
    • +3 more

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
  • 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

read more
  • 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,

read more
  • 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.

read more
  • Skill development - Good
    • +5 more

Dislikes

Salary and benefits are very low.

  • Salary - Poor
see more salary related reviews

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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
Option 1
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HDFC Life Sales Development Manager Salary FAQs

What is the salary of Sales Development Manager at HDFC Life in New Delhi?
The average salary of a Sales Development Manager at HDFC Life in New Delhi typically ranges from ₹1.8 Lakhs to ₹4.1 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Sales Development Manager in New Delhi at HDFC Life earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Sales Development Manager Salaries at HDFC Life can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 90+ HDFC Life employees in India.
What is the estimated take home salary of a Sales Development Manager at HDFC Life in New Delhi?
The estimated take-home salary of a Sales Development Manager at HDFC Life in New Delhi typically ranges from ₹23,818 to ₹25,274 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from Fresher to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 90+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Sales Development Manager at HDFC Life in New Delhi?
To be a Sales Development Manager at HDFC Life in New Delhi, the key skills required include:

  • - Insurance Sales
  • - Life Insurance
  • - Sales
  • - Bfsi Sales
  • - Salesforce

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HDFC Life for Sales Development Manager in India?
Godfrey Phillips India ₹18.0 Lakhs to ₹30.0 Lakhs per year
BYJU'S ₹6.8 Lakhs to ₹15.0 Lakhs per year
Abbott Nutrition International ₹7.1 Lakhs to ₹13.7 Lakhs per year
Abbott ₹8.5 Lakhs to ₹15.5 Lakhs per year
Hatsun Agro Product ₹5.2 Lakhs to ₹6.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Life, depending on the role and experience level.
How the salary growth look like for a Sales Development Manager at HDFC Life in New Delhi?
The salary growth for a Sales Development Manager at HDFC Life in New Delhi depends on factors such as experience, performance, and promotions. On average, a Sales Development Manager in New Delhi can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
Fresher ₹2.2 Lakhs to ₹4.0 Lakhs per year
1 year ₹1.8 Lakhs to ₹3.6 Lakhs per year
2 years ₹2.2 Lakhs to ₹4.0 Lakhs per year
3 years ₹2.2 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Life Sales Development Manager salary in New Delhi ranges between ₹1.8 Lakh to ₹4.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 97 HDFC Life latest salaries received from various employees of HDFC Life.