HDFC Life Hyderabad / Secunderabad Sales Development Manager(Bancassurance) Salaries by 2 Employees (Updated 2025)

3 - 4 years exp.

₹2.8 Lakhs - ₹3.6 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 26 Jan 2025

Sales Development Manager(Bancassurance) salary at HDFC Life ranges between ₹2.8 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 2 latest salaries received from various employees of HDFC Life.

Salary related reviews for HDFC Life

Sales Development Manager(Bancassurance) in Bhagalpur

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.

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.

Salary - Poor

+2 more

Sales Manager in Cuttack

Full Time

CSR & Social Service Department

4.0

• posted on 23 Mar 2025

2.0

for Salary and Benefits

Likes

The company has lots of data, They r learning you in first stage and after that they r find a way to indicate you wrongly.

Job security - Good

Dislikes

Less salary, no support from trainer, biggest layers, no leaves, no support from L1 and above, no motivation only needed business, so if u r afresher think twice before joining.

Salary - Poor

Corporate Agency Manager in Karnal

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 13 Mar 2025

3.0

for Salary and Benefits

Likes

Job security is the thing which i can say is good. Working culture is somewhat good.

Skill development - Good

+3 more

Dislikes

Salary hike is not so good like 4 to 5 percent annually only. There is no skill development options, you have to go in the morning and come back at the evening and this happens daily nothing new.

Sr.CAM in New Delhi

Full Time

Other Department

5.0

• posted on 02 Mar 2025

5.0

for Salary and Benefits

Likes

HDFC Life is known for its supportive work culture, career growth opportunities, competitive pay, job security, and decent work-life balance.

Salary - Excellent

+6 more

Dislikes

The login process should be more seamless to ensure minimal disruption for customers, providing a smoother and more efficient experience.

Senior Corporate Agency Manager in Tirunelveli

Full Time

Sales & Business Development Department

4.0

• posted on 28 Feb 2025

3.0

for Salary and Benefits

Likes

In HDFC Life There is time to work life balance. There is no more such pressure about Targets (Depends upon L1 Manager). The brand value is easy to convert among competitors.

Job security - Excellent

+3 more

Dislikes

Salary is very low which is mentioned in payslip. Even HR also didn't know about employees salary. HR department is very week and they didn't care about employees. Very worst department in HDFC LIFE.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Life Sales Development Manager(Bancassurance) Salary FAQs

How the salary growth look like for a Sales Development Manager(Bancassurance) at HDFC Life in Hyderabad / Secunderabad?

The salary growth for a Sales Development Manager(Bancassurance) at HDFC Life in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Sales Development Manager(Bancassurance) in Hyderabad / Secunderabad can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
3 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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HDFC Life Sales Development Manager(Bancassurance) Salaries in Hyderabad / Secunderabad

HDFC Life Sales Development Manager(Bancassurance) salary in Hyderabad / Secunderabad ranges between ₹2.8 Lakhs to ₹3.6 Lakhs. This is an estimate based on latest salaries received from employees of HDFC Life.