HDFC Life Bhubaneswar Senior Branch Manager Salaries by 4 Employees

16 - 20 years exp.

₹11.3 Lakhs - ₹14.7 Lakhs

Salary of majority employees

5% more than the average Senior Branch Manager Salary in Insurance Companies for 16 - 20 years of experience

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Salaries in different departments

Sales & Business Development Senior Branch Manager Salary 16 - 20 years exp. (3 salaries)	₹11.3 L/yr - ₹13.1 L/yr
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BFSI, Investments & Trading Senior Branch Manager Salary 20 years exp. (AmbitionBox Estimate)	₹13.1 L/yr - ₹14.7 L/yr

Last Updated: 18 Aug 2024

Companies similar to HDFC Life for Senior Branch Manager in Bhubaneswar

HDFC Life Senior Branch Manager Salary

16 - 20 years exp. (4 salaries)

₹11.3 L/yr - ₹14.7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Branch Manager Salary 10 - 15 years exp. (5 salaries)	₹11.4 L/yr - ₹14 L/yr 4% more
Bajaj Allianz Life Insurance Senior Branch Manager Salary 10 - 17 years exp. (4 salaries)	₹7 L/yr - ₹10.5 L/yr 30% less	1 job opening
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SBI Life Insurance Company Senior Branch Manager Salary 15 - 21 years exp. (4 salaries)	₹11 L/yr - ₹14.3 L/yr 2% less
ICICI Bank Senior Branch Manager Salary 11 - 17 years exp. (7 salaries)	₹11 L/yr - ₹27 L/yr 33% more
ECE Industries Senior Branch Manager Salary 12 - 16 years exp. (4 salaries)	₹14 L/yr - ₹19.5 L/yr 25% more

Senior Branch Manager salary at HDFC Life ranges between ₹11.3 Lakhs to ₹14.7 Lakhs per year for employees with experience between 16 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Branch Manager salaries in Bhubaneswar

Last Updated: 18 Aug 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹11.3 L/yr - ₹14.7 L/yr
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From

Senior Branch Manager

₹

Lakhs/yr

10 - 20 years exp.

General Manager

₹

Lakhs/yr

10 - 24 years exp.

Senior Branch Manager 10 - 20 years exp.

Deputy General Manager 9 - 19 years exp.

63% hike

General Manager 10 - 24 years exp.

25% hike

From

View 1 more level

Senior Branch Manager

10 - 20 years exp.

Regional Head

17 - 21 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

Cluster Manager Salary

(8 salaries)

₹5.81 L/yr - ₹10 L/yr

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.

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.

Salary - Poor

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.

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.

Salary - Bad

+4 more

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

see more salary related reviews

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Life Senior Branch Manager Salary FAQs

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

The average salary of a Senior Branch Manager at HDFC Life in Bhubaneswar typically ranges from ₹11.3 Lakhs to ₹14.7 Lakhs per year, depending on experience (from 16 years to 20 years).

The top 10% of Senior Branch Manager in Bhubaneswar at HDFC Life earn more than ₹14.7 Lakhs per year, and the top 1% earn over ₹14.7 Lakhs per year. Senior Branch 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 Senior Branch Manager at HDFC Life in Bhubaneswar?

The estimated take-home salary of a Senior Branch Manager at HDFC Life in Bhubaneswar typically ranges from ₹91,675 to ₹94,128 per month. This is based on the average salary range of ₹11.3 Lakhs to ₹14.7 Lakhs per year for employees with experience ranging from 16 years to 20 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 Senior Branch Manager in India?

ICICI Bank	₹11.0 Lakhs to ₹27.0 Lakhs per year
ECE Industries	₹14.0 Lakhs to ₹19.5 Lakhs per year
ICICI Prudential Life Insurance	₹11.4 Lakhs to ₹14.0 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 Senior Branch Manager in companies similar to HDFC Life in Bhubaneswar?

The salary of a Senior Branch Manager at companies similar to HDFC Life in Bhubaneswar varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI Life Insurance Company	₹11.0 Lakhs to ₹14.3 Lakhs per year
Bajaj Allianz Life Insurance	₹7.0 Lakhs to ₹10.5 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 Senior Branch Manager at HDFC Life in Bhubaneswar?

The salary growth for a Senior Branch Manager at HDFC Life in Bhubaneswar depends on factors such as experience, performance, and promotions. On average, a Senior Branch Manager in Bhubaneswar can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
15 years	₹11.3 Lakhs to ₹14.7 Lakhs per year

and so on.

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HDFC Life Senior Branch Manager Salaries in Bhubaneswar

HDFC Life Senior Branch Manager salary in Bhubaneswar ranges between ₹11.3 Lakhs to ₹14.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.