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HDFC Life

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4.0

based on 9.3k Reviews

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HDFC Life Sales Team Manager salaries in India

Annual salary range
3 - 8 years exp.
₹3 Lakhs - ₹11.6 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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7% less than the average Sales Team Manager Salary in Insurance Companies for 3 - 8 years of experience

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Last Updated: 7 Sep 2024

Companies similar to HDFC Life for Sales Team Manager

Company name Avg Annual Salary Open Jobs
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PNB MetLife Sales Team Manager Salary

5 - 12 years exp. (4 salaries)
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₹4.2 L/yr - ₹6.5 L/yr

arrow icon 13% less
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ICICI Prudential Life Insurance Sales Team Manager Salary

4 - 6 years exp. (3 salaries)
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₹5 L/yr - ₹7.8 L/yr

arrow icon 24% more
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ICICI Lombard General Insurance Company Sales Team Manager Salary

8 - 14 years exp. (3 salaries)
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₹6.7 L/yr - ₹21 L/yr

arrow icon 151% more
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Bajaj Allianz Life Insurance Sales Team Manager Salary

0 - 6 years exp. (3 salaries)
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₹2.5 L/yr - ₹4.3 L/yr

arrow icon 30% less
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Kotak Mahindra Bank Sales Team Manager Salary

6 - 12 years exp. (44 salaries)
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₹3.5 L/yr - ₹9 L/yr

arrow icon 8% more
Sales Team Manager salary at HDFC Life ranges between ₹3 Lakhs to ₹11.6 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Sales Team Manager

4mo ago
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3 years exp.
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8 years exp.
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7 years exp.
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6 years exp.

Experience wise HDFC Life Sales Team Manager salaries

Last Updated: 7 Sep 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹10.4 L/yr - ₹13.3 L/yr
6 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
8 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr

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₹2.5 L/yr - ₹5.5 L/yr
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₹2 L/yr - ₹5 L/yr
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Salary related reviews for HDFC Life

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.

read more
  • 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.

read more
  • Salary - Poor

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.

read more
  • 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.

read more

Business Development Manager in Bijnor

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.

read more
  • 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.

read more
  • Salary - Bad
    • +4 more

Senior Corporate Agency Manager in Bareilly

Full Time

 · 

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...

read more
  • Job security - Poor
    • +1 more

Senior Corporate Agency Manager in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 08 Nov 2024
4.0
 for  Salary and Benefits

Likes

Skill development is good more knowledge we gets about product clearly

  • Salary - Good
    • +3 more

Dislikes

...nsent about the employee only they listen what our bosses say not to employees, Higher New employees giving higher designation and salary hike instade of give to our old employees

read more
  • Promotions - Bad
    • +2 more
see more salary related reviews

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HDFC Life Sales Team Manager Salary FAQs

What is the salary of Sales Team Manager at HDFC Life ?
The average salary of a Sales Team Manager at HDFC Life in India typically ranges from ₹3.0 Lakhs to ₹11.6 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Sales Team Manager at HDFC Life earn more than ₹11.6 Lakhs per year, and the top 1% earn over ₹11.6 Lakhs per year. Sales Team 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 4 HDFC Life employees in India.
What is the estimated take home salary of a Sales Team Manager at HDFC Life in India?
The estimated take-home salary of a Sales Team Manager at HDFC Life in India typically ranges from ₹41,922 to ₹43,058 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹11.6 Lakhs per year for employees with experience ranging from 3 years 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 4 salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than HDFC Life for Sales Team Manager in India?
ICICI Lombard General Insurance Company ₹6.7 Lakhs to ₹21.0 Lakhs per year
ICICI Prudential Life Insurance ₹5.0 Lakhs to ₹7.8 Lakhs per year
Kotak Mahindra Bank ₹3.5 Lakhs to ₹9.0 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 Team Manager in companies similar to HDFC Life in India?
The salary of a Sales Team Manager at companies similar to HDFC Life in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

PNB MetLife ₹4.2 Lakhs to ₹6.5 Lakhs per year
Bajaj Allianz Life Insurance ₹2.5 Lakhs to ₹4.3 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 Team Manager at HDFC Life in India?
The salary growth for a Sales Team Manager at HDFC Life depends on factors such as experience, performance, and promotions. On average, a Sales Team Manager can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
3 years ₹10.4 Lakhs to ₹13.3 Lakhs per year
6 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
7 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
8 years ₹2.9 Lakhs to ₹3.7 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Life Sales Team Manager salary in India ranges between ₹3 Lakhs to ₹11.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.