HDFC Life Chennai Sales Manager Salaries by 60+ Employees (Updated 2025)

0 - 11 years exp.

₹2.4 Lakhs - ₹7 Lakhs

Salary of majority employees

26% less than the average Sales Manager Salary in Insurance Companies for 0 - 11 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 2 - 11 years exp. (19 salaries)	₹2.5 L/yr - ₹7 L/yr
Sales & Business Development Sales Manager Salary 3 - 10 years exp. (11 salaries)	₹2.4 L/yr - ₹5.9 L/yr
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Marketing & Communication Sales Manager Salary 3 - 9 years exp. (6 salaries)	₹3.5 L/yr - ₹6 L/yr
Finance & Accounting Sales Manager Salary 1 - 8 years exp. (5 salaries)	₹3 L/yr - ₹5.3 L/yr
Customer Success, Service & Operations Sales Manager Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹5.5 L/yr

Last Updated: 2 Mar 2025

Companies similar to HDFC Life for Sales Manager in Chennai

HDFC Life Sales Manager Salary

0 - 11 years exp. (61 salaries)

₹2.4 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sales Manager Salary 0 - 12 years exp. (56 salaries)	₹3.5 L/yr - ₹10 L/yr 37% more	21 job openings
Kotak Mahindara Life Insurance Sales Manager Salary 0 - 9 years exp. (50 salaries)	₹2 L/yr - ₹5.5 L/yr 6% less	11 job openings
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Axis Max Life Insurance Sales Manager Salary 0 - 9 years exp. (43 salaries)	₹3 L/yr - ₹5.5 L/yr 8% less	5 job openings
ICICI Lombard General Insurance Company Sales Manager Salary 1 - 14 years exp. (40 salaries)	₹4.2 L/yr - ₹11.4 L/yr 41% more
Star Health & Allied Insurance Sales Manager Salary 0 - 10 years exp. (29 salaries)	₹1.8 L/yr - ₹6 L/yr 30% less
Aditya Birla Sun Life Insurance Sales Manager Salary 2 - 10 years exp. (28 salaries)	₹2.2 L/yr - ₹8 L/yr 24% more
HDFC Ergo General Insurance Sales Manager Salary 1 - 10 years exp. (18 salaries)	₹3 L/yr - ₹7 L/yr 12% less
Tata AIA Life Insurance Sales Manager Salary 4 - 9 years exp. (12 salaries)	₹4 L/yr - ₹8.8 L/yr 21% more	3 job openings
AIG Sales Manager Salary 1 - 5 years exp. (4 salaries)	₹5.6 L/yr - ₹6.3 L/yr 21% more
SBI Life Insurance Company Sales Manager Salary 1 - 11 years exp. (3 salaries)	₹2.1 L/yr - ₹4.8 L/yr 32% less	1 job opening

Sales Manager salary at HDFC Life ranges between ₹2.4 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 61 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Sales Manager salaries in Chennai

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.2 L/yr
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹5.3 L/yr
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2 years (6 salaries)	₹2.5 L/yr - ₹7.8 L/yr
3 years (9 salaries)	₹2.4 L/yr - ₹5.6 L/yr
4 years (7 salaries)	₹3 L/yr - ₹5 L/yr
5 years (7 salaries)	₹3 L/yr - ₹5.3 L/yr
6 years (6 salaries)	₹2.8 L/yr - ₹5.2 L/yr
7 years (9 salaries)	₹3.5 L/yr - ₹6 L/yr
8 years (4 salaries)	₹3.8 L/yr - ₹5.7 L/yr
9 years (5 salaries)	₹4 L/yr - ₹7 L/yr
10 years (3 salaries)	₹5.1 L/yr - ₹5.9 L/yr
11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.3 L/yr

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From

Sales Manager

0 - 11 years exp.

Senior Sales Manager

4 - 14 years exp.

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

Deputy Manager Salary

(41 salaries)

₹4.5 L/yr - ₹12 L/yr

Branch Manager Salary

(30 salaries)

₹6.35 L/yr - ₹11.5 L/yr

Senior Sales Manager Salary

(16 salaries)

₹3 L/yr - ₹8.5 L/yr

Sales Officer Salary

(4 salaries)

₹2.5 L/yr - ₹3.25 L/yr

Top skills at HDFC Life for Sales Manager

Insurance Sales Business Development Management Agency Sales Distribution Network bfsi Claim Settlement Field Sales Agent Recruitment Sales Life Insurance Insurance Sales Salesforce Sales Management Banking Sales Life Insurance

Salary related reviews for HDFC Life

4.8

Rated by 5 employees for salary & benefits

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Oct 2023

3.0

for Salary and Benefits

Likes

Already they are top in insurance sector so people know about this company that's good part.

Dislikes

...se that's why they are doing insurance these are the facts they take advantage In small salary package thier expectation is more than crore For a freshers Or 2 years experience not good place to work You have to travel every single day like a horse (on your money) Many more people don't share because they sacred if they share they can't get job because these people leaves and they go to another company so it's like round like earth anyone can meet anywhere In 100 people only will success 2

Skill development - Poor

+5 more

Sales Manager in Bhubaneswar

Sales & Business Development Department

4.0

• posted on 07 Mar 2022

4.0

for Salary and Benefits

Likes

Growth in career as your performance is dependent on your target fulfilment. Learning is good and step-up certification can give your career a boost.

Salary - Good

+6 more

Dislikes

Designation is indirectly proportional to salary. Salary is not that good but we earn good incentives and contests to earn and travel.

Sales Manager in Jabalpur

Sales & Business Development Department

1.0

• posted on 20 Nov 2020

1.0

for Salary and Benefits

Likes

Salary Has Credited On Time

Dislikes

No Growth In This Company Totally Frastation And Mently Torcher in This Orgnation company has not provided Any Marketing Product Self Invest For Marketing Activity if You Are Work This Orgnation Than Your Financial Condision Are everyday week And You Lot Of west Your Money

Salary - Bad

+6 more

Sales Manager in Varanasi

Life Insurance Department

4.0

• posted on 19 Dec 2020

3.0

for Salary and Benefits

Likes

...very supportive and good behaviour persons.There are huge challenge are face . company policies are good, attractive salary package ..

Skill development - Excellent

+5 more

Dislikes

There is lots of politics and management doesn't address aor issue.salary is decent and career growth slow. there not any bonduation.

Sales Manager in Golpark Kolkata

Full Time

Sales & Business Development Department

4.0

• posted on 26 Jul 2023

5.0

for Salary and Benefits

Likes

The companies working culture and the office ambience was excellent as well as the salary and incentive structure.

Salary - Excellent

+6 more

Dislikes

Though the working culture was excellent and my job was target oriented but their filling up the monthly target procedure is not well according to me.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Life Sales Manager Salary FAQs

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

The average salary of a Sales Manager at HDFC Life in Chennai typically ranges from ₹2.4 Lakhs to ₹7.0 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Sales Manager in Chennai at HDFC Life earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹6.9 Lakhs per year. Sales 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 60+ HDFC Life employees in India.

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

The estimated take-home salary of a Sales Manager at HDFC Life in Chennai typically ranges from ₹36,609 to ₹37,825 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from Fresher to 11 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 60+ 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 Manager at HDFC Life in Chennai?

To be a Sales Manager at HDFC Life in Chennai, the key skills required include:

- Insurance Sales
- Business Development Management
- Agency Sales
- Distribution Network
- bfsi

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 Manager in India?

ICICI Lombard General Insurance Company	₹4.2 Lakhs to ₹11.4 Lakhs per year
ICICI Prudential Life Insurance	₹3.5 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.2 Lakhs to ₹8.0 Lakhs per year
Tata AIA Life Insurance	₹4.0 Lakhs to ₹8.8 Lakhs per year
AIG	₹5.6 Lakhs to ₹6.3 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.

What is the salary of a Sales Manager in companies similar to HDFC Life in Chennai?

The salary of a Sales Manager at companies similar to HDFC Life in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindara Life Insurance	₹2.0 Lakhs to ₹5.5 Lakhs per year
Axis Max Life Insurance	₹3.0 Lakhs to ₹5.5 Lakhs per year
HDFC Ergo General Insurance	₹3.0 Lakhs to ₹7.0 Lakhs per year
Star Health & Allied Insurance	₹1.8 Lakhs to ₹6.0 Lakhs per year
SBI Life Insurance Company	₹2.1 Lakhs to ₹4.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Sales Manager at HDFC Life in Chennai?

The salary growth for a Sales Manager at HDFC Life in Chennai depends on factors such as experience, performance, and promotions. On average, a Sales Manager in Chennai can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
Fresher	₹2.8 Lakhs to ₹7.2 Lakhs per year
1 year	₹3.1 Lakhs to ₹5.3 Lakhs per year
2 years	₹2.5 Lakhs to ₹7.8 Lakhs per year
3 years	₹2.4 Lakhs to ₹5.6 Lakhs per year

and so on.

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HDFC Life Sales Manager Salaries in Chennai

HDFC Life Sales Manager salary in Chennai ranges between ₹2.4 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 61 HDFC Life latest salaries received from various employees of HDFC Life.