HDFC Life Senior Relationship Manager Salaries by 300+ Employees (Updated 2025)

2 - 9 years exp.

₹2 Lakhs - ₹5 Lakhs

Salary of majority employees

29% less than the average Senior Relationship Manager Salary in Insurance Companies for 2 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Relationship Manager Salary 2 - 8 years exp. (111 salaries)	₹2.2 L/yr - ₹5 L/yr
Sales & Business Development Senior Relationship Manager Salary 2 - 9 years exp. (65 salaries)	₹2.3 L/yr - ₹5 L/yr
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Customer Success, Service & Operations Senior Relationship Manager Salary 2 - 9 years exp. (21 salaries)	₹2.8 L/yr - ₹4 L/yr
Marketing & Communication Senior Relationship Manager Salary 2 - 7 years exp. (21 salaries)	₹2.3 L/yr - ₹4.6 L/yr
Finance & Accounting Senior Relationship Manager Salary 2 - 9 years exp. (16 salaries)	₹3.1 L/yr - ₹4.8 L/yr

View all

Last Updated: 19 Feb 2025

Companies similar to HDFC Life for Senior Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Senior Relationship Manager Salary 0 - 10 years exp. (711 salaries)	₹2 L/yr - ₹4 L/yr 16% less	8 job openings
PNB MetLife Senior Relationship Manager Salary 1 - 11 years exp. (650 salaries)	₹3 L/yr - ₹6 L/yr 22% more	8 job openings
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ICICI Lombard General Insurance Company Senior Relationship Manager Salary 3 - 13 years exp. (317 salaries)	₹4.4 L/yr - ₹7.4 L/yr 53% more
Reliance Nippon Life Insurance Senior Relationship Manager Salary 0 - 8 years exp. (301 salaries)	₹1.9 L/yr - ₹4 L/yr 28% less
Tata AIA Life Insurance Senior Relationship Manager Salary 2 - 8 years exp. (195 salaries)	₹2.8 L/yr - ₹6.2 L/yr 21% more	2 job openings
Axis Max Life Insurance Senior Relationship Manager Salary 3 - 10 years exp. (188 salaries)	₹3 L/yr - ₹9 L/yr 45% more
Aditya Birla Sun Life Insurance Senior Relationship Manager Salary 0 - 9 years exp. (76 salaries)	₹2.5 L/yr - ₹5.5 L/yr 1% less
Star Health & Allied Insurance Senior Relationship Manager Salary 2 - 10 years exp. (40 salaries)	₹2.7 L/yr - ₹4.6 L/yr 9% less
ICICI Prudential Life Insurance Senior Relationship Manager Salary 2 - 6 years exp. (43 salaries)	₹2.9 L/yr - ₹6.5 L/yr 9% more
SBI General Insurance Senior Relationship Manager Salary 5 - 15 years exp. (23 salaries)	₹3.3 L/yr - ₹7 L/yr 37% more
Kotak Mahindara Life Insurance Senior Relationship Manager Salary 3 - 8 years exp. (19 salaries)	₹3.5 L/yr - ₹6.5 L/yr 15% more
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Shriram Life Insurance Senior Relationship Manager Salary 2 - 8 years exp. (16 salaries)	₹2.8 L/yr - ₹7.5 L/yr 20% more
SBI Life Insurance Company Senior Relationship Manager Salary 3 - 8 years exp. (12 salaries)	₹3.3 L/yr - ₹5.5 L/yr 10% more
HDFC Ergo General Insurance Senior Relationship Manager Salary 1 - 6 years exp. (11 salaries)	₹2.8 L/yr - ₹3.7 L/yr 17% less
Aditya Birla Insurance Brokers Senior Relationship Manager Salary 1 - 15 years exp. (4 salaries)	₹2.8 L/yr - ₹5 L/yr 2% more
Life Insurance Corporation of India Senior Relationship Manager Salary 1 - 5 years exp. (3 salaries)	₹3.1 L/yr - ₹4 L/yr 9% less

Senior Relationship Manager salary at HDFC Life ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 317 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Relationship Manager salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
2 years (50 salaries)	₹2.5 L/yr - ₹4.5 L/yr
3 years (66 salaries)	₹2.2 L/yr - ₹4.8 L/yr
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4 years (71 salaries)	₹2 L/yr - ₹5 L/yr
5 years (54 salaries)	₹2.3 L/yr - ₹5 L/yr
6 years (36 salaries)	₹2.5 L/yr - ₹5 L/yr
7 years (23 salaries)	₹3.3 L/yr - ₹5 L/yr
8 years (9 salaries)	₹3.1 L/yr - ₹4.3 L/yr
9 years (8 salaries)	₹3 L/yr - ₹4.7 L/yr

View all

Similar Designation salaries in HDFC Life

Relationship Manager Salary

(560 salaries)

₹1.7 L/yr - ₹5 L/yr

Senior Sales Manager Salary

(137 salaries)

₹2.3 L/yr - ₹8.5 L/yr

Regional Manager Salary

(18 salaries)

₹11.5 L/yr - ₹35.2 L/yr

Marketing Manager Salary

(37 salaries)

₹3.21 L/yr - ₹7.77 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹20.7 L/yr - ₹26.5 L/yr

Territory Sales Manager Salary

(16 salaries)

₹3.94 L/yr - ₹16 L/yr

Branch Manager Salary

(261 salaries)

₹5.25 L/yr - ₹12.5 L/yr

Territory Manager Salary

(150 salaries)

₹11.32 L/yr - ₹21 L/yr

Area Sales Manager Salary

(41 salaries)

₹2 L/yr - ₹8 L/yr

Area Manager Salary

(36 salaries)

₹7.71 L/yr - ₹19 L/yr

Top skills at HDFC Life for Senior Relationship Manager

Financial Services Sales Banking Sales Salesforce Telesales Insurance Sales

Salary related reviews for HDFC Life

3.6

Rated by 56 employees for salary & benefits

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

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Life Senior Relationship Manager Salary FAQs

What is the salary of Senior Relationship Manager at HDFC Life ?

The average salary of a Senior Relationship Manager at HDFC Life in India typically ranges from ₹2.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Senior Relationship Manager at HDFC Life earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Senior Relationship 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 300+ HDFC Life employees in India.

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

The estimated take-home salary of a Senior Relationship Manager at HDFC Life in India typically ranges from ₹28,406 to ₹29,794 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 2 years to 9 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 300+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Relationship Manager at HDFC Life ?

To be a Senior Relationship Manager at HDFC Life in india, the key skills required include:

- Financial Services Sales
- Banking Sales
- Salesforce
- Telesales
- Insurance Sales

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Life for Senior Relationship Manager in India?

ICICI Lombard General Insurance Company	₹4.4 Lakhs to ₹7.4 Lakhs per year
Axis Max Life Insurance	₹3.0 Lakhs to ₹9.0 Lakhs per year
SBI General Insurance	₹3.3 Lakhs to ₹7.0 Lakhs per year
PNB MetLife	₹3.0 Lakhs to ₹6.0 Lakhs per year
Tata AIA Life Insurance	₹2.8 Lakhs to ₹6.2 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 Relationship Manager in companies similar to HDFC Life in India?

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

Shriram Life Insurance	₹2.8 Lakhs to ₹7.5 Lakhs per year
Kotak Mahindara Life Insurance	₹3.5 Lakhs to ₹6.5 Lakhs per year
SBI Life Insurance Company	₹3.3 Lakhs to ₹5.5 Lakhs per year
ICICI Prudential Life Insurance	₹2.9 Lakhs to ₹6.5 Lakhs per year
Aditya Birla Insurance Brokers	₹2.8 Lakhs to ₹5.0 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 Relationship Manager at HDFC Life in India?

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

Experience	Average Salary Range
2 years	₹2.5 Lakhs to ₹4.5 Lakhs per year
3 years	₹2.2 Lakhs to ₹4.8 Lakhs per year
4 years	₹2.0 Lakhs to ₹5.0 Lakhs per year
5 years	₹2.3 Lakhs to ₹5.0 Lakhs per year

and so on.

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HDFC Life Senior Relationship Manager Salaries by Location

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HDFC Life Senior Relationship Manager Salaries

HDFC Life Senior Relationship Manager salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 317 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Senior Relationship Manager salaries in India (Updated 2025)

Companies similar to HDFC Life for Senior Relationship Manager

Latest annual salaries shared by HDFC Life Senior Relationship Manager

Experience wise HDFC Life Senior Relationship Manager salaries

Similar Designation salaries in HDFC Life

Top skills at HDFC Life for Senior Relationship Manager

Salary related reviews for HDFC Life

Sales Manager in Cuttack

Business Development Manager in Bijnor

Business Development Manager in Vasai-Virar

Sales Manager in Mumbai

Relationship Manager in Bhubaneswar

HDFC Life Senior Relationship Manager Salary FAQs

Tell us how to improve this page.

HDFC Life Senior Relationship Manager Salaries by Location