HDFC Life Pune SDM Salaries by 20+ Employees (Updated 2025)

0 - 7 years exp.

₹1.8 Lakh - ₹4 Lakhs

Salary of majority employees

20% less than the average SDM Salary in Insurance Companies for 0 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading SDM Salary 0 - 4 years exp. (9 salaries)	₹1.8 L/yr - ₹3.8 L/yr
Customer Success, Service & Operations SDM Salary 2 - 7 years exp. (3 salaries)	₹3.1 L/yr - ₹3.3 L/yr
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Finance & Accounting SDM Salary 0 - 5 years exp. (3 salaries)	₹3.1 L/yr - ₹3.6 L/yr
Sales & Business Development SDM Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.3 L/yr
Marketing & Communication SDM Salary 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.3 L/yr

Last Updated: 2 Jan 2025

Companies similar to HDFC Life for SDM in Pune

HDFC Life SDM Salary

0 - 7 years exp. (24 salaries)

₹1.8 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank SDM Salary 0 - 7 years exp. (7 salaries)	₹4.4 L/yr - ₹5.4 L/yr 42% more
Cognizant SDM Salary 12 - 16 years exp. (4 salaries)	₹14 L/yr - ₹21.4 L/yr 564% more
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RBL Bank SDM Salary 14 - 17 years exp. (3 salaries)	₹8.3 L/yr - ₹9.5 L/yr 166% more
Ecs Technologies SDM Salary 16 - 18 years exp. (3 salaries)	₹13.5 L/yr - ₹17.2 L/yr 379% more

SDM salary at HDFC Life ranges between ₹1.8 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 24 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life SDM salaries in Pune

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.3 L/yr
1 year (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr
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2 years (6 salaries)	₹1.3 L/yr - ₹3.5 L/yr
3 years (5 salaries)	₹2.8 L/yr - ₹4 L/yr
4 years (5 salaries)	₹2 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
7 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.3 L/yr

View all

Similar Designation salaries in HDFC Life

Executive Trainee Salary

(37 salaries)

₹4 L/yr - ₹5.1 L/yr

Corporate Manager Salary

(22 salaries)

₹2.4 L/yr - ₹9.5 L/yr

Deputy Manager Salary

(16 salaries)

₹4.5 L/yr - ₹11.3 L/yr

Branch Service Manager Salary

(10 salaries)

₹2 L/yr - ₹3.18 L/yr

Chief Manager Salary

(9 salaries)

₹19 L/yr - ₹30 L/yr

Sales Executive Salary

(5 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Management Trainee Salary

(5 salaries)

₹4.75 L/yr - ₹10 L/yr

BDM Salary

(4 salaries)

₹3 L/yr - ₹3.96 L/yr

Top skills at HDFC Life for SDM

Life Insurance Banking Sales financial sales Sales

Salary related reviews for HDFC Life

3.5

Rated by 4 employees for salary & benefits

SDM in Goa

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Apr 2023

3.0

for Salary and Benefits

Likes

...l Rules/regulations and values set by the organisation are really praise worthy. Good initial salary package. You will learn communication skills and build confidence but not much technical skills though.

Dislikes

The management staff doesn't really follow what has been preached. You will be verbally harassed for not meeting targets, i have seen senior make fun of people based on their looks. According to the company's rules miss selling is a taboo but managers will force you to sell products by hook or crook to meet targets. You will be made to work extra long hours instead of the promised actual time. if it's a big branch with more competation and god forbid if the competition gets good business, you will be chewed up by your senior's on a private call. My friend was in tears when he got shouted on for not being able to get business and it was only his first month. Overall the framework of the company is nice but whether you will enjoy your work life or not depends on the kind of superiors you get.

Work-life balance - Poor

SDM in Valsad

Full Time

Finance & Accounting Department

4.0

• posted on 24 Aug 2021

3.0

for Salary and Benefits

Likes

Work culture, Supportive system, Best support from operation department (spl Sagarbhai of Valsad Branch), Very easy to understand the system

Skill development - Good

+4 more

Dislikes

Low support from HR department, other deduction in salary without any intimation and knowledge, handling 3-4 branch in same salary as one branch which is very low and unaffordable.

Senior Associate in Machilipatnam

Full Time

Other Department

4.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Skill development and learning is the main element in the hdfc life. Company culture and environment is very place to work.

Skill development - Excellent

+2 more

Dislikes

...ys. Promotions and appraisals is a joke here less than 6% is the increment here. Salary are very low when compared to other similar industry.

Promotions - Poor

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Hdfc life office is hygienic.

Dislikes

Manager is your god. And manager scold in con call tell fukat ka salary leta hai kya. If you achieve Target then also you will not get increment. Boss gives more priority to girls.

Salary - Bad

+6 more

Operations Manager in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 26 Nov 2023

1.0

for Salary and Benefits

Likes

The way they make fool our of you. JD and actual work are really different. Popular statement "I am a really considerate manager".

Job security - Excellent

Dislikes

Usual work day is for about 12 hrs On document Saturday is a non working day but you will be forced to work with out pay. Overtime is a myth Promotion depends upon L1's will. Variable pay is only for MT's and chief manager & above Huge gap in pay at same band.

Salary - Bad

+4 more

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Salary Discussions, Hike & Promotions

fathersahaab

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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HDFC Life SDM Salary FAQs

What is the salary of SDM at HDFC Life Pune?

SDM salary at HDFC Life in Pune ranges between ₹1.8 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 20% less than the average SDM Salary in India. Salary estimates are based on 24 latest salaries received from various employees of HDFC Life Pune.

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

The average salary of a SDM at HDFC Life is 20% less than the average salary of a SDM in Pune. To know exact salary insights, login to view.

What are the top skills required to work as a SDM at HDFC Life?

Life Insurance, Banking Sales, financial sales and Sales are some of the popular skills required to work as a SDM at HDFC Life Pune.

Which similar companies are paying more than HDFC Life to a SDM in Pune?

Cognizant SDM Salary - ₹14.0 Lakhs to ₹21.4 Lakhs per year
Ecs Technologies SDM Salary - ₹13.5 Lakhs to ₹17.2 Lakhs per year
RBL Bank SDM Salary - ₹8.3 Lakhs to ₹9.5 Lakhs per year
IndusInd Bank SDM Salary - ₹4.4 Lakhs to ₹5.4 Lakhs per year

What is the estimated take home salary of a SDM at HDFC Life in Pune?

The estimated take-home salary of a SDM at HDFC Life ranges between ₹22,537 per month to ₹24,012 per month in Pune. The take-home salary calculation is based on the average HDFC Life SDM salary in India which ranges between ₹1.8 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for SDM at HDFC Life in Pune?

According to AmbitionBox, 72% of the HDFC Life SDMs in Pune reported a notice period of 1 Month, 17% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life SDM salary in Pune ranges between ₹1.8 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 HDFC Life latest salaries received from various employees of HDFC Life.