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

11 - 15 years exp.

₹9.5 Lakhs - ₹14.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Senior Branch Manager Salary in Insurance Companies for 11 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Branch Manager Salary 13 - 15 years exp. (3 salaries)	₹12.7 L/yr - ₹14.8 L/yr
Data Science & Analytics Senior Branch Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹13.2 L/yr
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Sales & Business Development Senior Branch Manager Salary 12 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.9 L/yr

Last Updated: 24 Mar 2025

Companies similar to HDFC Life for Senior Branch Manager in New Delhi

HDFC Life Senior Branch Manager Salary

11 - 15 years exp. (6 salaries)

₹9.5 L/yr - ₹14.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Senior Branch Manager Salary 9 - 21 years exp. (8 salaries)	₹7.5 L/yr - ₹13.5 L/yr 12% less	1 job opening
PNB MetLife Senior Branch Manager Salary 14 - 20 years exp. (8 salaries)	₹12 L/yr - ₹15.7 L/yr 12% more
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Reliance Nippon Life Insurance Senior Branch Manager Salary 11 - 12 years exp. (4 salaries)	₹7.5 L/yr - ₹11.8 L/yr 20% less
SBI Life Insurance Company Senior Branch Manager Salary 13 - 20 years exp. (4 salaries)	₹10.1 L/yr - ₹11.4 L/yr 11% less
ICICI Prudential Life Insurance Senior Branch Manager Salary 10 - 14 years exp. (3 salaries)	₹11.5 L/yr - ₹13.5 L/yr 6% more
Star Health & Allied Insurance Senior Branch Manager Salary 13 - 20 years exp. (3 salaries)	₹7.2 L/yr - ₹10.9 L/yr 22% less

Senior Branch Manager salary at HDFC Life ranges between ₹9.5 Lakhs to ₹14.8 Lakhs per year for employees with experience between 11 years to 15 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 New Delhi

Last Updated: 24 Mar 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
12 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
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13 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.4 L/yr
14 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
15+ years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.6 L/yr

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

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₹6.15 L/yr - ₹12 L/yr

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₹10.15 L/yr - ₹20 L/yr

Senior Sales Manager Salary

(27 salaries)

₹4.4 L/yr - ₹7.7 L/yr

Senior Relationship Manager Salary

(24 salaries)

₹2.8 L/yr - ₹5 L/yr

Assistant Branch Manager Salary

(6 salaries)

₹6 L/yr - ₹6.5 L/yr

Area Sales Manager Salary

(3 salaries)

₹2.85 L/yr - ₹4.55 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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Life Senior Branch Manager Salary FAQs

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

The average salary of a Senior Branch Manager at HDFC Life in New Delhi typically ranges from ₹9.5 Lakhs to ₹14.8 Lakhs per year, depending on experience (from 11 years to 15 years).

The top 10% of Senior Branch Manager in New Delhi at HDFC Life earn more than ₹14.7 Lakhs per year, and the top 1% earn over ₹14.8 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 6 HDFC Life employees in India.

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

The estimated take-home salary of a Senior Branch Manager at HDFC Life in New Delhi typically ranges from ₹89,219 to ₹91,562 per month. This is based on the average salary range of ₹9.5 Lakhs to ₹14.8 Lakhs per year for employees with experience ranging from 11 years to 15 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 6 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?

PNB MetLife	₹12.0 Lakhs to ₹15.7 Lakhs per year
ICICI Prudential Life Insurance	₹11.5 Lakhs to ₹13.5 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 New Delhi?

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

SBI Life Insurance Company	₹10.1 Lakhs to ₹11.4 Lakhs per year
Bajaj Allianz Life Insurance	₹7.5 Lakhs to ₹13.5 Lakhs per year
Reliance Nippon Life Insurance	₹7.5 Lakhs to ₹11.8 Lakhs per year
Star Health & Allied Insurance	₹7.2 Lakhs to ₹10.9 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 New Delhi?

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

Experience	Average Salary Range
11 years	₹11.1 Lakhs to ₹14.2 Lakhs per year
12 years	₹11.2 Lakhs to ₹14.3 Lakhs per year
13 years	₹11.2 Lakhs to ₹14.4 Lakhs per year
14 years	₹11.3 Lakhs to ₹14.4 Lakhs per year

and so on.

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HDFC Life Senior Branch Manager Salaries in New Delhi

HDFC Life Senior Branch Manager salary in New Delhi ranges between ₹9.5 Lakhs to ₹14.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HDFC Life latest salaries received from various employees of HDFC Life.