HDFC Life SDM Banca Channel Salaries by 10+ Employees (Updated 2025)

0 - 3 years exp.

₹1.8 Lakh - ₹2.6 Lakhs

Salary of majority employees

At par with the average SDM Banca Channel Salary in Insurance Companies for 0 - 3 years of experience

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Last Updated: 28 Jun 2022

Companies similar to HDFC Life for SDM Banca Channel

Company name	Avg Annual Salary	Open Jobs
Amazon SDM Banca Channel Salary 14 - 21 years exp. (3 salaries)	₹58 L/yr - ₹1.3 Cr/yr 4786% more

SDM Banca Channel salary at HDFC Life ranges between ₹1.8 Lakh to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 17 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life SDM Banca Channel salaries

Last Updated: 28 Jun 2022

Experience	Avg Annual Salary
Fresher (6 salaries)	₹1.8 L/yr - ₹2.2 L/yr
1 year (8 salaries)	₹1.8 L/yr - ₹2.6 L/yr
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2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.8 L/yr

Salary related reviews for HDFC Life

3.6

Rated by 11 employees for salary & benefits

SDM Banca Channel in Vadodara

BFSI, Investments & Trading Department

4.0

• posted on 06 Aug 2020

4.0

for Salary and Benefits

Likes

...ironment & culture. Team mates are supportive and the management is transparent. Company policies are good, apprecisals are fair and they give good salary hike and bonus every year.

Dislikes

Not any

HR Manager in Bangalore / Bengaluru

Full Time

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

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

Associate in Chennai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 24 Nov 2024

1.0

for Salary and Benefits

Likes

I don't like this company

Dislikes

...meters to do that 4. We lost our work life balance 5 My BP showing High 155 6. Huge pressure less salary 7. manager telling us to give 5 start rating for the company 8. Everyone has engaged to pressuries us to do insurance 9. There is no truth about this. 10. Work life balance worst Customer telling us to withdraw policy but Manager telling us to not to do that.

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

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

Senior Corporate Agency Manager in Mumbai

Full Time

Other Department

1.0

• posted on 14 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing to like, people keep on absconding, due to no work life balance, irrelevant pressure.

Dislikes

...cy, rejected leaves at last moment even after informing manager 2 months before. * No job security, Manager always ask to resign in front of everyone in team meetings * Bullying regarding salary infront of colleagues, as if paying my salary from their own pocket *

see more salary related reviews

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1w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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HDFC Life SDM Banca Channel Salary FAQs

What is the salary of SDM Banca Channel at HDFC Life?

SDM Banca Channel salary at HDFC Life in India ranges between ₹1.8 Lakhs to ₹2.6 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 3% more than the average SDM Banca Channel Salary in India. Salary estimates are based on 17 latest salaries received from various employees of HDFC Life India.

How does the salary of a SDM Banca Channel at HDFC Life India compare with the average salary range for this job?

The average salary of a SDM Banca Channel at HDFC Life is 3% more than the average salary of a SDM Banca Channel in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a SDM Banca Channel in India?

Amazon SDM Banca Channel Salary - ₹58.0 Lakhs to ₹130.0 Lakhs per year

What is the estimated take home salary of a SDM Banca Channel at HDFC Life in India?

The estimated take-home salary of a SDM Banca Channel at HDFC Life ranges between ₹14,253 per month to ₹15,756 per month in India. The take-home salary calculation is based on the average HDFC Life SDM Banca Channel salary in India which ranges between ₹1.8 Lakhs to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for SDM Banca Channel at HDFC Life?

According to AmbitionBox, 67% of the HDFC Life SDM Banca Channels reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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HDFC Life SDM Banca Channel Salaries

HDFC Life SDM Banca Channel salary in India ranges between ₹1.8 Lakh to ₹2.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 HDFC Life latest salaries received from various employees of HDFC Life.