HDFC Life Mumbai Senior Branch Service Manager Salaries by 5 Employees (Updated 2025)

3 - 5 years exp.

₹3.1 Lakhs - ₹4.5 Lakhs

Salary of majority employees

At par with the average Senior Branch Service Manager Salary in Insurance Companies for 3 - 5 years of experience

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Salaries in different departments

Finance & Accounting Senior Branch Service Manager Salary 3 - 5 years exp. (3 salaries)	₹3.1 L/yr - ₹4 L/yr
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BFSI, Investments & Trading Senior Branch Service Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

Last Updated: 1 Feb 2024

Senior Branch Service Manager salary at HDFC Life ranges between ₹3.1 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Branch Service Manager salaries in Mumbai

Last Updated: 1 Feb 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.6 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.8 L/yr
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5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr

From

Senior Branch Service Manager

₹

Lakhs/yr

1 - 5 years exp.

Key Relationship Manager

₹

Lakhs/yr

3 - 11 years exp.

Senior Branch Service Manager 1 - 5 years exp.

Associate Relationship Manager 1 - 10 years exp.

28% hike

Key Relationship Manager 3 - 11 years exp.

21% hike

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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Salary related reviews for HDFC Life

3.1

Rated by 2 employees for salary & benefits

Senior Associate in Machilipatnam

Full Time

Other Department

4.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Skill development and learning is the main element in the hdfc life. Company culture and environment is very place to work.

Skill development - Excellent

+2 more

Dislikes

...ys. Promotions and appraisals is a joke here less than 6% is the increment here. Salary are very low when compared to other similar industry.

Promotions - Poor

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Hdfc life office is hygienic.

Dislikes

Manager is your god. And manager scold in con call tell fukat ka salary leta hai kya. If you achieve Target then also you will not get increment. Boss gives more priority to girls.

Salary - Bad

+6 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

Senior Associate in Patna

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 04 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Low salary structure Unwanted work pressure Dirty politics Zero growth if you're not a politician in the company Non recognition of your good work No incentives even after having huge targets Manual rating system of employees, you will be judged by your amount of buttering not by your performance. Overall very bad work culture

Salary - Bad

+6 more

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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 Service Manager Salary FAQs

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

Senior Branch Service Manager salary at HDFC Life in Mumbai ranges between ₹3.1 Lakhs to ₹4.5 Lakhs for experience between 3 years to 5 years. According to our estimates it is 2% less than the average Senior Branch Service Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life Mumbai.

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

The average salary of a Senior Branch Service Manager at HDFC Life is 2% less than the average salary of a Senior Branch Service Manager in Mumbai. To know exact salary insights, login to view.

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

The estimated take-home salary of a Senior Branch Service Manager at HDFC Life ranges between ₹26,798 per month to ₹28,210 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Senior Branch Service Manager salary in India which ranges between ₹3.1 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 80% of the HDFC Life Senior Branch Service Managers in Mumbai reported a notice period of 1 Month, 20% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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HDFC Life Senior Branch Service Manager Salaries in Mumbai

HDFC Life Senior Branch Service Manager salary in Mumbai ranges between ₹3.1 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Life latest salaries received from various employees of HDFC Life.