HDFC Life Senior Sales Manager Salaries by 200+ Employees (Updated 2025)

4 - 14 years exp.

₹2.3 Lakhs - ₹8.5 Lakhs

Salary of majority employees

39% less than the average Senior Sales Manager Salary in Insurance Companies for 4 - 14 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Senior Sales Manager Salary 4 - 14 years exp. (75 salaries)	₹2.8 L/yr - ₹8 L/yr
Sales & Business Development Senior Sales Manager Salary 4 - 14 years exp. (69 salaries)	₹3 L/yr - ₹7.9 L/yr
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Marketing & Communication Senior Sales Manager Salary 4 - 10 years exp. (23 salaries)	₹3 L/yr - ₹7.5 L/yr
Customer Success, Service & Operations Senior Sales Manager Salary 4 - 13 years exp. (11 salaries)	₹2.8 L/yr - ₹7 L/yr
Finance & Accounting Senior Sales Manager Salary 4 - 13 years exp. (6 salaries)	₹4.5 L/yr - ₹7 L/yr

Last Updated: 14 Mar 2025

Companies similar to HDFC Life for Senior Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Sales Manager Salary 0 - 10 years exp. (33 salaries)	₹3.3 L/yr - ₹8.1 L/yr 33% less
SBI Life Insurance Company Senior Sales Manager Salary 9 - 16 years exp. (4 salaries)	₹3.4 L/yr - ₹4.5 L/yr 35% less
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Axis Max Life Insurance Senior Sales Manager Salary 5 - 13 years exp. (16 salaries)	₹4.4 L/yr - ₹7.5 L/yr 15% less
Kotak Mahindara Life Insurance Senior Sales Manager Salary 1 - 11 years exp. (61 salaries)	₹3 L/yr - ₹6.8 L/yr 22% less
Bajaj Allianz Life Insurance Senior Sales Manager Salary 0 - 8 years exp. (156 salaries)	₹2.4 L/yr - ₹4.5 L/yr 51% less	7 job openings
Reliance Nippon Life Insurance Senior Sales Manager Salary 1 - 9 years exp. (56 salaries)	₹2.3 L/yr - ₹5 L/yr 50% less
Tata AIA Life Insurance Senior Sales Manager Salary 4 - 11 years exp. (30 salaries)	₹3.5 L/yr - ₹9 L/yr 5% less
Aditya Birla Sun Life Insurance Senior Sales Manager Salary 0 - 12 years exp. (76 salaries)	₹2 L/yr - ₹10.7 L/yr 9% less
PNB MetLife Senior Sales Manager Salary 2 - 12 years exp. (63 salaries)	₹3 L/yr - ₹5.7 L/yr 31% less
ICICI Lombard General Insurance Company Senior Sales Manager Salary 4 - 17 years exp. (144 salaries)	₹4.5 L/yr - ₹16 L/yr 40% more
Star Health & Allied Insurance Senior Sales Manager Salary 5 - 15 years exp. (61 salaries)	₹2.9 L/yr - ₹12.5 L/yr 16% more
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HDFC Ergo General Insurance Senior Sales Manager Salary 4 - 10 years exp. (15 salaries)	₹3.6 L/yr - ₹9.5 L/yr 28% less
SBI General Insurance Senior Sales Manager Salary 3 - 11 years exp. (14 salaries)	₹4.4 L/yr - ₹6.2 L/yr 14% less
Shriram Life Insurance Senior Sales Manager Salary 2 - 16 years exp. (7 salaries)	₹2.5 L/yr - ₹8 L/yr 24% less

Senior Sales Manager salary at HDFC Life ranges between ₹2.3 Lakhs to ₹8.5 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 221 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Sales Manager salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
4 years (25 salaries)	₹2.3 L/yr - ₹7 L/yr
5 years (34 salaries)	₹3 L/yr - ₹7.5 L/yr
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6 years (28 salaries)	₹2.8 L/yr - ₹8 L/yr
7 years (28 salaries)	₹3 L/yr - ₹8 L/yr
8 years (38 salaries)	₹2.8 L/yr - ₹8 L/yr
9 years (19 salaries)	₹3 L/yr - ₹7.9 L/yr
10 years (22 salaries)	₹4 L/yr - ₹7.6 L/yr
11 years (10 salaries)	₹5.3 L/yr - ₹8.5 L/yr
12 years (11 salaries)	₹5.2 L/yr - ₹7.5 L/yr
13 years (4 salaries)	₹5.6 L/yr - ₹6.9 L/yr
14 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹7.5 L/yr

View all

Similar Designation salaries in HDFC Life

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

Area Sales Manager Salary

(42 salaries)

₹2 L/yr - ₹8 L/yr

Regional Manager Salary

(18 salaries)

₹11.5 L/yr - ₹35.2 L/yr

Sales Manager Salary

(701 salaries)

₹1.1 L/yr - ₹7.5 L/yr

Assistant Sales Manager Salary

(418 salaries)

₹2.5 L/yr - ₹5.6 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹25.2 L/yr - ₹32.2 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Branch Manager Salary

(261 salaries)

₹5.25 L/yr - ₹12.5 L/yr

Area Manager Salary

(31 salaries)

₹7.71 L/yr - ₹19 L/yr

Top skills at HDFC Life for Senior Sales Manager

Insurance Sales Business Development Management Sales Agency Channel Sales Management Strategic Business Planning Life Insurance Insurance Distribution Network Communication Skills Area Sales Management Marketing Management Corporate Sales agency Sales and Marketing

Salary related reviews for HDFC Life

3.4

Rated by 67 employees for salary & benefits

Senior Sales Manager in Visakhapatnam

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 27 Sep 2023

2.0

for Salary and Benefits

Likes

...nd especially promotions structure is very much clear and very much transparent. But salary and rest benefits are not upto the mark.

Skill development - Excellent

+5 more

Dislikes

Salary and other benefits are not justified & upto the mark.

Salary - Poor

Senior Sales Manager in Bhopal

Tide Department

1.0

• posted on 23 Aug 2018

3.0

for Salary and Benefits

Likes

Compensation part

Dislikes

Almost every thing.. Like 7 days compulsory working... Office timings morning 9 to 9 at night... No time for families. No training... No induction... No support... Just pressure from zero day...

Skill development - Bad

+5 more

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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HDFC Life Senior Sales Manager Salary FAQs

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

The average salary of a Senior Sales Manager at HDFC Life in India typically ranges from ₹2.3 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 4 years to 14 years).

The top 10% of Senior Sales Manager at HDFC Life earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Senior Sales 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 200+ HDFC Life employees in India.

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

The estimated take-home salary of a Senior Sales Manager at HDFC Life in India typically ranges from ₹48,625 to ₹49,774 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 4 years to 14 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 200+ 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 Sales Manager at HDFC Life ?

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

- Insurance Sales
- Business Development Management
- Sales
- Agency Channel
- Sales Management

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 Sales Manager in India?

ICICI Lombard General Insurance Company	₹4.5 Lakhs to ₹16.0 Lakhs per year
Star Health & Allied Insurance	₹2.9 Lakhs to ₹12.5 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 Sales Manager in companies similar to HDFC Life in India?

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

Tata AIA Life Insurance	₹3.5 Lakhs to ₹9.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.0 Lakhs to ₹10.7 Lakhs per year
SBI General Insurance	₹4.4 Lakhs to ₹6.2 Lakhs per year
Axis Max Life Insurance	₹4.4 Lakhs to ₹7.5 Lakhs per year
Kotak Mahindara Life Insurance	₹3.0 Lakhs to ₹6.8 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 Sales Manager at HDFC Life in India?

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

Experience	Average Salary Range
4 years	₹2.3 Lakhs to ₹7.0 Lakhs per year
5 years	₹3.0 Lakhs to ₹7.5 Lakhs per year
6 years	₹2.8 Lakhs to ₹8.0 Lakhs per year
7 years	₹3.0 Lakhs to ₹8.0 Lakhs per year

and so on.

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HDFC Life Senior Sales Manager Salaries by Location

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HDFC Life Senior Sales Manager Salaries

HDFC Life Senior Sales Manager salary in India ranges between ₹2.3 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 221 HDFC Life latest salaries received from various employees of HDFC Life.

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

Companies similar to HDFC Life for Senior Sales Manager

Latest annual salaries shared by HDFC Life Senior Sales Manager

Experience wise HDFC Life Senior Sales Manager salaries

Similar Designation salaries in HDFC Life

Top skills at HDFC Life for Senior Sales Manager

Salary related reviews for HDFC Life

Senior Sales Manager in Visakhapatnam

Senior Sales Manager in Bhopal

Business Development Manager in Bijnor

Business Development Manager in Vasai-Virar

Sales Manager in Mumbai

HDFC Life Senior Sales Manager Salary FAQs

Tell us how to improve this page.

HDFC Life Senior Sales Manager Salaries by Location