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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 Chennai

Annual salary range
11 - 12 years exp.
₹10.5 Lakhs - ₹11.8 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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9% more than the average Senior Branch Manager Salary in Insurance Companies for 11 - 12 years of experience

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Salaries in different departments

Sales & Business Development
Senior Branch Manager Salary
11 - 12 years exp. (AmbitionBox Estimate)
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₹11.4 L/yr - ₹11.8 L/yr

BFSI, Investments & Trading
Senior Branch Manager Salary
11 years exp. (AmbitionBox Estimate)
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₹10.5 L/yr - ₹11.8 L/yr

Last Updated: 17 Jan 2024

Companies similar to HDFC Life for Senior Branch Manager in Chennai

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HDFC Life Senior Branch Manager Salary

11 - 12 years exp. (3 salaries)
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₹10.5 L/yr - ₹11.8 L/yr

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

15 - 22 years exp. (4 salaries)
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₹10 L/yr - ₹12.3 L/yr

arrow icon 4% more
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Reliance Nippon Life Insurance Senior Branch Manager Salary

7 - 17 years exp. (7 salaries)
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₹8 L/yr - ₹11.5 L/yr

arrow icon 20% less
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HDFC Bank Senior Branch Manager Salary

11 - 17 years exp. (7 salaries)
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₹11.6 L/yr - ₹19 L/yr

arrow icon 11% more
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City Union Bank Senior Branch Manager Salary

11 - 20 years exp. (5 salaries)
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₹15 L/yr - ₹20 L/yr

arrow icon 57% more
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Edelweiss Senior Branch Manager Salary

14 - 17 years exp. (4 salaries)
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₹8.3 L/yr - ₹10.6 L/yr

arrow icon 21% less

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Senior Branch Manager salary at HDFC Life ranges between ₹10.5 Lakhs to ₹11.8 Lakhs per year for employees with experience between 11 years to 12 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 Chennai

1y ago
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12 years exp.
1y ago
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11 years exp.
1y ago
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11 years exp.

Experience wise HDFC Life Senior Branch Manager salaries in Chennai

Last Updated: 17 Jan 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹10.5 L/yr - ₹20.5 L/yr
12 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹11.5 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 41% 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.

    Similar Designation salaries in HDFC Life

    Sales Manager Salary
    (65 salaries)
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    ₹2.4 L/yr - ₹7 L/yr
    Branch Manager Salary
    (27 salaries)
    unlock blur
    ₹6.35 L/yr - ₹11 L/yr
    Senior Sales Manager Salary
    (15 salaries)
    unlock blur
    ₹3 L/yr - ₹7 L/yr
    Territory Manager Salary
    (14 salaries)
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    ₹10.8 L/yr - ₹17 L/yr
    Senior Relationship Manager Salary
    (10 salaries)
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    ₹3.25 L/yr - ₹5 L/yr
    Operations Manager Salary
    (3 salaries)
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    ₹3.47 L/yr - ₹7.26 L/yr

    Salary related reviews for HDFC Life

    Business Development Manager in Vasai-Virar

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      •  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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    Relationship Manager in Bhubaneswar

    Full Time

     · 

    BFSI, Investments & Trading Department

    3.0
      •  posted on 05 May 2024
    2.0
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    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

    Full Time

     · 

    Customer Success, Service & Operations Department

    3.0
      •  posted on 19 Aug 2023
    1.0
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    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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    a senior quality lead
    Help me with in hand salary
    Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions
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    HDFC Life Senior Branch Manager salary in Chennai ranges between ₹10.5 Lakhs to ₹11.8 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.