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HDFC Life

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4.0

based on 9.1k Reviews

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HDFC Life Senior Branch Manager salaries in Bangalore / Bengaluru

Annual salary range
12 - 18 years exp.
₹11 Lakhs - ₹12.4 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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6% more than the average Senior Branch Manager Salary in Insurance Companies for 12 - 18 years of experience

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Last Updated: 27 Sep 2024

Companies similar to HDFC Life for Senior Branch Manager in Bangalore / Bengaluru

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HDFC Life Senior Branch Manager Salary

12 - 18 years exp. (3 salaries)
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₹11 L/yr - ₹12.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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SBI Life Insurance Company Senior Branch Manager Salary

17 - 22 years exp. (5 salaries)
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₹9.8 L/yr - ₹12 L/yr

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Reliance Nippon Life Insurance Senior Branch Manager Salary

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₹9.5 L/yr - ₹10.5 L/yr

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PNB MetLife Senior Branch Manager Salary

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₹13.5 L/yr - ₹16 L/yr

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Star Health & Allied Insurance Senior Branch Manager Salary

18 - 25 years exp. (4 salaries)
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₹10.9 L/yr - ₹13.2 L/yr

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Muthoot Fincorp Senior Branch Manager Salary

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₹4.3 L/yr - ₹6.5 L/yr

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Senior Branch Manager salary at HDFC Life ranges between ₹11 Lakhs to ₹12.4 Lakhs per year for employees with experience between 12 years to 18 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Senior Branch Manager in Bangalore / Bengaluru

5mo ago
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15 years exp.
1y ago
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12 years exp.
1y ago
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18 years exp.

Experience wise HDFC Life Senior Branch Manager salaries in Bangalore / Bengaluru

Last Updated: 27 Sep 2024

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹11.4 L/yr - ₹21.3 L/yr
13 years (AmbitionBox Estimate)

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₹10.7 L/yr - ₹13.6 L/yr
14 years (AmbitionBox Estimate)

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₹10.7 L/yr - ₹13.7 L/yr
15+ years (AmbitionBox Estimate)

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₹11 L/yr - ₹12.4 L/yr
HDFC Life Senior Branch Manager Salary and Career Growth

From

To

Senior Branch Manager

₹unlock blur Lakhs/yr

10 - 20 years exp.

Regional Head

₹unlock blur Lakhs/yr

17 - 21 years exp.

Senior Branch Manager 10 - 20 years exp.
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Deputy General Manager 9 - 19 years exp.
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arrow icon 63% hike
    Regional Head 17 - 21 years exp.
    unlock blur
    arrow icon 42% hike

    From

    1 more level

    To

    Senior Branch Manager

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    10 - 20 years exp.

    General Manager

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    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.

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    ₹3.8 L/yr - ₹6.5 L/yr
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    ₹6.5 L/yr - ₹8 L/yr
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    (3 salaries)
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    ₹6 L/yr - ₹11 L/yr

    Salary related reviews for HDFC Life

    3.0

    Rated by 1 employees for salary & benefits

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    You get salary on time.

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

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    • Job security - Excellent

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    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.

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    Sales Manager in Mumbai

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    1.0
      •  posted on 24 Oct 2023
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    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

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    • Skill development - Poor
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    Full Time

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    3.0
      •  posted on 05 May 2024
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     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.

    read more
    • Salary - Poor
      • +4 more

    Deputy Manager in Mumbai

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     · 

    Customer Success, Service & Operations Department

    3.0
      •  posted on 19 Aug 2023
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     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

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    • Salary - Bad
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    I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.
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    HDFC Life Senior Branch Manager Salary FAQs

    What is the notice period for Senior Branch Manager at HDFC Life in Bangalore / Bengaluru?
    According to AmbitionBox, 100% of the HDFC Life Senior Branch Managers in Bangalore / Bengaluru reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    HDFC Life Senior Branch Manager salary in Bangalore / Bengaluru ranges between ₹11 Lakhs to ₹12.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 HDFC Life latest salaries received from various employees of HDFC Life.