HDFC Life Mumbai Senior Vice President Salaries by 7 Employees (Updated 2025)

17 - 24 years exp.

₹39.2 Lakhs - ₹1 Crore

Salary of majority employees

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46% more than the average Senior Vice President Salary in Insurance Companies for 17 - 24 years of experience

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Salaries in different departments

Human Resources Senior Vice President Salary 21 - 22 years exp. (AmbitionBox Estimate)	Unlock ₹84.6 L/yr - ₹1 Cr/yr
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Strategic & Top Management Senior Vice President Salary 17 - 22 years exp. (AmbitionBox Estimate)	Unlock ₹84.5 L/yr - ₹97 L/yr

Last Updated: 24 Feb 2025

Companies similar to HDFC Life for Senior Vice President in Mumbai

HDFC Life Senior Vice President Salary

17 - 24 years exp. (7 salaries)

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₹39.2 L/yr - ₹1 Cr/yr

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Senior Vice President Salary 15 - 24 years exp. (5 salaries)	Unlock ₹45 L/yr - ₹1.1 Cr/yr 1% less
Axis Max Life Insurance Senior Vice President Salary 20 - 22 years exp. (3 salaries)	Unlock ₹80 L/yr - ₹98 L/yr 6% more
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Tata AIA Life Insurance Senior Vice President Salary 19 - 28 years exp. (3 salaries)	Unlock ₹44 L/yr - ₹1 Cr/yr 11% less
Kotak Mahindara Life Insurance Senior Vice President Salary 15 - 20 years exp. (18 salaries)	Unlock ₹30 L/yr - ₹50 L/yr 55% less
ICICI Lombard General Insurance Company Senior Vice President Salary 11 - 26 years exp. (12 salaries)	Unlock ₹34 L/yr - ₹95 L/yr 35% less
HDFC Ergo General Insurance Senior Vice President Salary 17 - 23 years exp. (5 salaries)	Unlock ₹39.2 L/yr - ₹51 L/yr 52% less

Senior Vice President salary at HDFC Life ranges between ₹39.2 Lakhs to ₹1 Crore per year for employees with experience between 17 years to 24 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Vice President salaries in Mumbai

Last Updated: 24 Feb 2025

Experience	Avg Annual Salary
15+ years (7 salaries)	Unlock ₹39.2 L/yr - ₹1 Cr/yr
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Similar Designation salaries in HDFC Life

Associate Vice President Salary

(57 salaries)

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₹18 L/yr - ₹50 L/yr

Branch Manager Salary

(32 salaries)

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₹5.5 L/yr - ₹12.5 L/yr

Assistant Vice President Salary

(16 salaries)

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₹22.15 L/yr - ₹52 L/yr

Project Manager Salary

(16 salaries)

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₹6.56 L/yr - ₹16.5 L/yr

Branch Head Salary

(13 salaries)

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₹8 L/yr - ₹10 L/yr

General Manager Salary

(6 salaries)

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₹20 L/yr - ₹26 L/yr

Senior Operations Manager Salary

(3 salaries)

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₹3.66 L/yr - ₹13.2 L/yr

Salary related reviews for HDFC Life

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

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.

Job security - Good

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

Salary - Bad

+5 more

Branch Manager in Kolkata

Agency Channel Department

2.0

• posted on 14 May 2022

1.0

for Salary and Benefits

Likes

There is nothing as such to mention.

Skill development - Good

Dislikes

Working culture is not at all satisfactory. Regarding payout or salary of an advisor, ADM as well as appirisal of Branch Manager approved but not even processed till now. Seniors are using slang words in Concall as well as open forum.

Salary - Bad

+5 more

Deputy General Manager in Bangalore / Bengaluru

IT & Information Security Department

4.0

• posted on 23 May 2022

3.0

for Salary and Benefits

Likes

Very slow growth in career progression and company doesn't spent money and time for people skill development.

Work-life balance - Good

Dislikes

Perfect work life balance, but learning curve and salary growth is very below compare to competition.

Branch Manager in Jaipur

BFSI, Investments & Trading Department

5.0

• posted on 31 Jul 2020

5.0

for Salary and Benefits

Likes

...ny. In this pandamic and lockdown situation company support to every employee Company provide salary hike also in this situation I feel proud i am a part of hdfc life

Salary - Excellent

+6 more

Dislikes

Nothing in my mind according to me not single point in my mind to write about hdfc life for dislike But one thing i want 5 days working week

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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HDFC Life Senior Vice President Salary FAQs

What is the salary of Senior Vice President at HDFC Life Mumbai?

Senior Vice President salary at HDFC Life in Mumbai ranges between ₹39.2 Lakhs to ₹100.0 Lakhs for experience between 17 years to 24 years. According to our estimates it is 46% more than the average Senior Vice President Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life Mumbai.

How does the salary of a Senior Vice President at HDFC Life Mumbai compare with the average salary range for this job?

The average salary of a Senior Vice President at HDFC Life is 46% more than the average salary of a Senior Vice President in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Senior Vice President in Mumbai?

Axis Max Life Insurance Senior Vice President Salary - ₹80.0 Lakhs to ₹98.0 Lakhs per year

What is the salary of a Senior Vice President in companies similar to HDFC Life in Mumbai?

SBI Life Insurance Company Senior Vice President Salary - ₹45.0 Lakhs to ₹112.0 Lakhs per year
Tata AIA Life Insurance Senior Vice President Salary - ₹44.0 Lakhs to ₹101.0 Lakhs per year
ICICI Lombard General Insurance Company Senior Vice President Salary - ₹34.0 Lakhs to ₹95.0 Lakhs per year
HDFC Ergo General Insurance Senior Vice President Salary - ₹39.2 Lakhs to ₹51.0 Lakhs per year
Kotak Mahindara Life Insurance Senior Vice President Salary - ₹30.0 Lakhs to ₹50.0 Lakhs per year

What is the estimated take home salary of a Senior Vice President at HDFC Life in Mumbai?

The estimated take-home salary of a Senior Vice President at HDFC Life ranges between ₹4,73,727 per month to ₹4,86,842 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Senior Vice President salary in India which ranges between ₹39.2 Lakhs to ₹100.0 Lakhs per year for employees with experience between 17 years to 24 years. Check how did we calculate take home salary?

What is the notice period for Senior Vice President at HDFC Life in Mumbai?

According to AmbitionBox, 100% of the HDFC Life Senior Vice Presidents in Mumbai 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 Vice President Salaries in Mumbai

HDFC Life Senior Vice President salary in Mumbai ranges between ₹39.2 Lakhs to ₹1 Crore with an average annual salary of ₹. Salary estimates are based on 7 HDFC Life latest salaries received from various employees of HDFC Life.