HDFC Life Mumbai Senior Branch Manager Salaries by 6 Employees (Updated 2025)

10 - 19 years exp.

₹9 Lakhs - ₹14.4 Lakhs

Salary of majority employees

9% less than the average Senior Branch Manager Salary in Insurance Companies for 10 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Branch Manager Salary 10 - 19 years exp. (4 salaries)	₹10 L/yr - ₹14.4 L/yr
Login to view exact salary
Sales & Business Development Senior Branch Manager Salary 10 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹12.5 L/yr

Last Updated: 29 Nov 2024

Companies similar to HDFC Life for Senior Branch Manager in Mumbai

HDFC Life Senior Branch Manager Salary

10 - 19 years exp. (6 salaries)

₹9 L/yr - ₹14.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Senior Branch Manager Salary 12 - 19 years exp. (3 salaries)	₹9.5 L/yr - ₹12 L/yr 5% less
Bajaj Allianz Life Insurance Senior Branch Manager Salary 10 - 16 years exp. (6 salaries)	₹8.4 L/yr - ₹14 L/yr 4% less	1 job opening
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Reliance Nippon Life Insurance Senior Branch Manager Salary 10 - 15 years exp. (3 salaries)	₹9 L/yr - ₹10.2 L/yr 18% less
Star Health & Allied Insurance Senior Branch Manager Salary 14 - 20 years exp. (3 salaries)	₹10 L/yr - ₹12.6 L/yr 13% less
ICICI Bank Senior Branch Manager Salary 11 - 18 years exp. (22 salaries)	₹9.5 L/yr - ₹30 L/yr 73% more

Senior Branch Manager salary at HDFC Life ranges between ₹9 Lakhs to ₹14.4 Lakhs per year for employees with experience between 10 years to 19 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Branch Manager salaries in Mumbai

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
10 years (3 salaries)	₹9 L/yr - ₹14 L/yr
11 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
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12 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹14.4 L/yr
13 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹13.5 L/yr
14 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
15+ years (AmbitionBox Estimate)	₹10 L/yr - ₹22.3 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.

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Territory Manager Salary

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Senior Sales Manager Salary

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Operations Manager Salary

(9 salaries)

₹1.45 L/yr - ₹10 L/yr

Salary related reviews for HDFC Life

1.0

Rated by 1 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

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Top trending discussions

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Salary Discussions, Hike & Promotions

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 FAQs

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

Senior Branch Manager salary at HDFC Life in Mumbai ranges between ₹9.0 Lakhs to ₹14.4 Lakhs for experience between 10 years to 19 years. According to our estimates it is 9% less than the average Senior Branch Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life Mumbai.

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

The average salary of a Senior Branch Manager at HDFC Life is 9% less than the average salary of a Senior Branch Manager in Mumbai. To know exact salary insights, login to view.

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

ICICI Bank Senior Branch Manager Salary - ₹9.5 Lakhs to ₹30.0 Lakhs per year

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

Bajaj Allianz Life Insurance Senior Branch Manager Salary - ₹8.4 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindara Life Insurance Senior Branch Manager Salary - ₹9.5 Lakhs to ₹12.0 Lakhs per year
Star Health & Allied Insurance Senior Branch Manager Salary - ₹10.0 Lakhs to ₹12.6 Lakhs per year
Reliance Nippon Life Insurance Senior Branch Manager Salary - ₹9.0 Lakhs to ₹10.2 Lakhs per year

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

The estimated take-home salary of a Senior Branch Manager at HDFC Life ranges between ₹87,110 per month to ₹89,394 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Senior Branch Manager salary in India which ranges between ₹9.0 Lakhs to ₹14.4 Lakhs per year for employees with experience between 10 years to 19 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the HDFC Life Senior Branch Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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HDFC Life Senior Branch Manager Salaries in Mumbai

HDFC Life Senior Branch Manager salary in Mumbai ranges between ₹9 Lakhs to ₹14.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HDFC Life latest salaries received from various employees of HDFC Life.