HDFC Life Mumbai Senior Branch Manager Salaries by 6 Employees (Updated 2024)

10 - 19 years exp.

₹9 Lakhs - ₹14.4 Lakhs

Salary of majority employees

12% 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 - ₹11.5 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 1% more
Bajaj Allianz Life Insurance Senior Branch Manager Salary 10 - 16 years exp. (6 salaries)	₹8.4 L/yr - ₹14 L/yr 3% less
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Reliance Nippon Life Insurance Senior Branch Manager Salary 10 - 18 years exp. (4 salaries)	₹9 L/yr - ₹12.8 L/yr 11% less
Care Health Insurance Senior Branch Manager Salary 8 - 16 years exp. (13 salaries)	₹6.5 L/yr - ₹8.8 L/yr 38% less
Star Health & Allied Insurance Senior Branch Manager Salary 14 - 20 years exp. (3 salaries)	₹10 L/yr - ₹12.6 L/yr 9% less

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)	₹10.2 L/yr - ₹13 L/yr
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12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹14.4 L/yr
13 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹13.5 L/yr
14 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
15+ years (AmbitionBox Estimate)	₹10 L/yr - ₹21.3 L/yr

View all

From

Senior Branch Manager

₹

Lakhs/yr

10 - 20 years exp.

Regional Head

₹

Lakhs/yr

16 - 21 years exp.

Senior Branch Manager 10 - 20 years exp.

Deputy General Manager 9 - 19 years exp.

64% hike

Regional Head 16 - 21 years exp.

46% 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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Operations Manager Salary

(8 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.

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".

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.

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

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.

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.

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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 12% 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 12% 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?

Kotak Mahindara Life Insurance Senior Branch Manager Salary - ₹9.5 Lakhs to ₹12.0 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
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 ₹12.8 Lakhs per year
Care Health Insurance Senior Branch Manager Salary - ₹6.5 Lakhs to ₹8.8 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 ₹82,823 per month to ₹84,985 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, 67% of the HDFC Life Senior Branch Managers in Mumbai reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses 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.