HDFC Life Senior Branch Manager Salaries by 80+ Employees (Updated 2025)

10 - 20 years exp.

₹7.8 Lakhs - ₹14.8 Lakhs

Salary of majority employees

8% more than the average Senior Branch Manager Salary in Insurance Companies for 10 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Branch Manager Salary 10 - 20 years exp. (42 salaries)	₹7.8 L/yr - ₹14.8 L/yr
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Sales & Business Development Senior Branch Manager Salary 10 - 20 years exp. (23 salaries)	₹8.2 L/yr - ₹13.1 L/yr

Last Updated: 10 Feb 2025

Companies similar to HDFC Life for Senior Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Branch Manager Salary 10 - 18 years exp. (29 salaries)	₹10 L/yr - ₹16 L/yr 16% more
SBI Life Insurance Company Senior Branch Manager Salary 10 - 22 years exp. (65 salaries)	₹9 L/yr - ₹17 L/yr 12% more
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Max Life Insurance Senior Branch Manager Salary 10 - 22 years exp. (10 salaries)	₹9 L/yr - ₹13.6 L/yr 3% less
Kotak Mahindara Life Insurance Senior Branch Manager Salary 12 - 19 years exp. (9 salaries)	₹9.1 L/yr - ₹14.3 L/yr At par
Bajaj Allianz Life Insurance Senior Branch Manager Salary 9 - 21 years exp. (151 salaries)	₹6 L/yr - ₹15.1 L/yr 12% less
Reliance Nippon Life Insurance Senior Branch Manager Salary 7 - 17 years exp. (93 salaries)	₹6.5 L/yr - ₹12.3 L/yr 13% less
Tata AIA Life Insurance Senior Branch Manager Salary 8 - 22 years exp. (20 salaries)	₹10 L/yr - ₹17 L/yr 21% more
Aditya Birla Sun Life Insurance Senior Branch Manager Salary 5 - 20 years exp. (5 salaries)	₹8 L/yr - ₹15 L/yr 5% more
PNB MetLife Senior Branch Manager Salary 11 - 20 years exp. (39 salaries)	₹12 L/yr - ₹16.5 L/yr 17% more
ICICI Lombard General Insurance Company Senior Branch Manager Salary 8 - 19 years exp. (24 salaries)	₹8.5 L/yr - ₹14.1 L/yr 5% less
Star Health & Allied Insurance Senior Branch Manager Salary 13 - 25 years exp. (15 salaries)	₹7.2 L/yr - ₹13.2 L/yr 12% less
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Shriram Life Insurance Senior Branch Manager Salary 2 - 16 years exp. (10 salaries)	₹3.1 L/yr - ₹9.4 L/yr 52% less
HDFC Ergo General Insurance Senior Branch Manager Salary 9 - 20 years exp. (8 salaries)	₹7 L/yr - ₹15 L/yr 6% less
United India Insurance Company Senior Branch Manager Salary 30 years exp. (4 salaries)	₹12.5 L/yr - ₹22 L/yr 35% more

Senior Branch Manager salary at HDFC Life ranges between ₹7.8 Lakhs to ₹14.8 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 83 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Branch Manager salaries

Last Updated: 10 Feb 2025

Experience	Avg Annual Salary
10 years (7 salaries)	₹7.8 L/yr - ₹14 L/yr
11 years (9 salaries)	₹8.2 L/yr - ₹12 L/yr
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12 years (11 salaries)	₹9 L/yr - ₹14.4 L/yr
13 years (12 salaries)	₹9 L/yr - ₹13.5 L/yr
14 years (11 salaries)	₹8 L/yr - ₹14 L/yr
15+ years (33 salaries)	₹8.2 L/yr - ₹14.8 L/yr

View all

From

Senior Branch Manager

₹

Lakhs/yr

10 - 20 years exp.

Regional Head

₹

Lakhs/yr

17 - 21 years exp.

Senior Branch Manager 10 - 20 years exp.

Deputy General Manager 9 - 19 years exp.

63% hike

Regional Head 17 - 21 years exp.

41% hike

From

1 more level

Senior Branch Manager

10 - 20 years exp.

General Manager

10 - 24 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

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(7 salaries)

₹5 L/yr - ₹8 L/yr

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Assistant Branch Manager Salary

(28 salaries)

₹3.75 L/yr - ₹7.5 L/yr

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₹2 L/yr - ₹5 L/yr

Operations Manager Salary

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₹1.45 L/yr - ₹10.43 L/yr

Area Sales Manager Salary

(42 salaries)

₹2 L/yr - ₹8 L/yr

Area Manager Salary

(26 salaries)

₹3.2 L/yr - ₹12.6 L/yr

Territory Manager Salary

(245 salaries)

₹10.01 L/yr - ₹21 L/yr

Sales Manager Salary

(713 salaries)

₹1.55 L/yr - ₹7.5 L/yr

Salary related reviews for HDFC Life

3.6

Rated by 29 employees for salary & benefits

Business Development Manager in Vasai-Virar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 May 2024

3.0

for Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

Work satisfaction - Bad

+2 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

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

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

Flexibility of work from home.

Job security - Good

Dislikes

...nt is not supportive and the way they communicate with lower levels is terrible. Salary structure is horrible and shift hours are expected for 12 to 14 hrs a day

Salary - Bad

+5 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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HDFC Life Senior Branch Manager Salary FAQs

What is the salary of Senior Branch Manager at HDFC Life?

Senior Branch Manager salary at HDFC Life in India ranges between ₹7.8 Lakhs to ₹14.8 Lakhs for experience between 10 years to 20 years. According to our estimates it is 8% more than the average Senior Branch Manager Salary in India. Salary estimates are based on 83 latest salaries received from various employees of HDFC Life India.

How does the salary of a Senior Branch Manager at HDFC Life India compare with the average salary range for this job?

The average salary of a Senior Branch Manager at HDFC Life is 8% more than the average salary of a Senior Branch Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Senior Branch Manager in India?

United India Insurance Company Senior Branch Manager Salary - ₹12.5 Lakhs to ₹22.0 Lakhs per year
Tata AIA Life Insurance Senior Branch Manager Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
PNB MetLife Senior Branch Manager Salary - ₹12.0 Lakhs to ₹16.5 Lakhs per year
ICICI Prudential Life Insurance Senior Branch Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
SBI Life Insurance Company Senior Branch Manager Salary - ₹9.0 Lakhs to ₹17.0 Lakhs per year

What is the salary of a Senior Branch Manager in companies similar to HDFC Life in India?

Aditya Birla Sun Life Insurance Senior Branch Manager Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindara Life Insurance Senior Branch Manager Salary - ₹9.1 Lakhs to ₹14.3 Lakhs per year
Max Life Insurance Senior Branch Manager Salary - ₹9.0 Lakhs to ₹13.6 Lakhs per year
ICICI Lombard General Insurance Company Senior Branch Manager Salary - ₹8.5 Lakhs to ₹14.1 Lakhs per year
HDFC Ergo General Insurance Senior Branch Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year

What is the estimated take home salary of a Senior Branch Manager at HDFC Life in India?

The estimated take-home salary of a Senior Branch Manager at HDFC Life ranges between ₹82,672 per month to ₹84,830 per month in India. The take-home salary calculation is based on the average HDFC Life Senior Branch Manager salary in India which ranges between ₹7.8 Lakhs to ₹14.8 Lakhs per year for employees with experience between 10 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Senior Branch Manager at HDFC Life?

According to AmbitionBox, 34% of the HDFC Life Senior Branch Managers reported a notice period of 3 Months, 32% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 38 responses on AmbitionBox in last 2 years.

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HDFC Life Senior Branch Manager Salaries

HDFC Life Senior Branch Manager salary in India ranges between ₹7.8 Lakhs to ₹14.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 83 HDFC Life latest salaries received from various employees of HDFC Life.