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HDFC Life Sales Development Manager(Bancassurance) salaries in India

Annual salary range
1 - 4 years exp.
₹2.5 Lakhs - ₹3.9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average Sales Development Manager(Bancassurance) Salary in Insurance Companies for 1 - 4 years of experience

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Salaries in different departments

Sales & Business Development
Sales Development Manager(Bancassurance) Salary
1 - 4 years exp. (6 salaries)
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₹2.5 L/yr - ₹3.5 L/yr

BFSI, Investments & Trading
Sales Development Manager(Bancassurance) Salary
1 - 3 years exp. (3 salaries)
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₹3.1 L/yr - ₹3.9 L/yr

Last Updated: 26 Jan 2025

Sales Development Manager(Bancassurance) salary at HDFC Life ranges between ₹2.5 Lakhs to ₹3.9 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 9 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Sales Development Manager(Bancassurance)

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Experience wise HDFC Life Sales Development Manager(Bancassurance) salaries

Last Updated: 26 Jan 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹2.5 L/yr - ₹3.9 L/yr
2 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹3.9 L/yr
3 years  (3 salaries)

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₹2.5 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.4 L/yr

Salary related reviews for HDFC Life

3.0

Rated by 6 employees for salary & benefits

Insurance Department

4.0
  •  posted on 08 Dec 2020

2.0
 for  Salary and Benefits

Likes

As an organisation Hdfc life is very good company. If I talk about working culture,management and company policies, I must say this organisation is very good in all these fields.If talk about job security, the company supported me very well in covid19 pandemic.I want to thank Hdfc life for the wonderful support in difficult circumstances.Thank you so much HDFC LIFE.Keep growing always.

read more
  • Skill development - Good
  • +1 more

Dislikes

Compensation, supporting staff,operation team and most of that my HR is not good.HR and supporting staff what I have is very bad.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 10 Feb 2025

1.0
 for  Salary and Benefits

Likes

Hello team m Rishabh Rastogi from HDFC LIFE Bijnor Branch, there is a lot of pressure here for work and HDFC Life is a very good brand but there are no facilities for the employees in the office.

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  • Work-life balance - Excellent

Dislikes

Here the calculation is less Here the salary is very high as compared to low and the facilities are also very less, the promotions target is very high and there are many parameters.

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  • Salary - Bad
  • +4 more

Full Time

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BFSI, Investments & Trading Department

3.0
  •  posted on 09 Feb 2025

4.0
 for  Salary and Benefits

Likes

Salary credited process is very good Working culture is Average good

  • Salary - Good
  • +1 more

Dislikes

HR is very irresponsible or no one Hr's not responding any reply by call or emails, they ignoring all employees calls, messages and emails...

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  • Job security - Poor
  • +1 more

Full Time

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BFSI, Investments & Trading Department

1.0
  •  posted on 27 Jan 2025

1.0
 for  Salary and Benefits

Likes

There is nothing to like about this company

Dislikes

HDFC Life primarily exploits its employees by imposing excessive work pressure and making unnecessary salary deductions. They promise promotions twice a year, but these commitments are often ignored due to office politics. There is a notable lack of job security, and the company does not provide any training during the induction process. Employees are expected to perform tasks without proper guidance. The company culture is poor; it relies solely on its brand name while subjecting employees to undue stress. There is a lack of transparency regarding targets and achievements, leading to significant mental pressure. As a result, the work-life balance is severely affected, and most employees do not feel valued in this environment.

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  • Salary - Bad
  • +6 more

Full Time

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Other Department

3.0
  •  posted on 07 Dec 2024

1.0
 for  Salary and Benefits

Likes

Nothing great to vouch for, strong in processes only for front line people. HDFC. Salary will br creditrd on time just like other big corporates

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Dislikes

No work life balance and respect, tremendous pressure.. Should do work like robot. For managers rules will be bent, for front line employees they will be very rigid with rules. Double standards

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  • Salary - Bad
  • +2 more
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HDFC Life Sales Development Manager(Bancassurance) Salary FAQs

What is the salary of Sales Development Manager(Bancassurance) at HDFC Life?
Sales Development Manager(Bancassurance) salary at HDFC Life in India ranges between ₹2.5 Lakhs to ₹3.9 Lakhs for experience between 1 years to 4 years. According to our estimates it is 1% more than the average Sales Development Manager(Bancassurance) Salary in India. Salary estimates are based on 9 latest salaries received from various employees of HDFC Life India.
How does the salary of a Sales Development Manager(Bancassurance) at HDFC Life India compare with the average salary range for this job?
The average salary of a Sales Development Manager(Bancassurance) at HDFC Life is 1% more than the average salary of a Sales Development Manager(Bancassurance) in India. To know exact salary insights, login to view.
What is the estimated take home salary of a Sales Development Manager(Bancassurance) at HDFC Life in India?
The estimated take-home salary of a Sales Development Manager(Bancassurance) at HDFC Life ranges between ₹22,631 per month to ₹24,105 per month in India. The take-home salary calculation is based on the average HDFC Life Sales Development Manager(Bancassurance) salary in India which ranges between ₹2.5 Lakhs to ₹3.9 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?
What is the notice period for Sales Development Manager(Bancassurance) at HDFC Life?
According to AmbitionBox, 100% of the HDFC Life Sales Development Manager(Bancassurance)s reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Sales Development Manager(Bancassurance) salary in India ranges between ₹2.5 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 HDFC Life latest salaries received from various employees of HDFC Life.