HDFC Life Service Manager Salaries by 7 Employees (Updated 2025)

0 - 6 years exp.

₹2.4 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

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63% less than the average Service Manager Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Sales & Business Development Service Manager Salary 0 - 6 years exp. (4 salaries)	Unlock ₹2.8 L/yr - ₹3.2 L/yr
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BFSI, Investments & Trading Service Manager Salary 3 years exp. (AmbitionBox Estimate)	Unlock ₹2.1 L/yr - ₹2.6 L/yr

Last Updated: 14 Jan 2025

Companies similar to HDFC Life for Service Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Service Manager Salary 0 - 6 years exp. (30 salaries)	Unlock ₹2.2 L/yr - ₹4 L/yr 4% more
Max Life Insurance Service Manager Salary 0 - 2 years exp. (6 salaries)	Unlock ₹1.7 L/yr - ₹3.5 L/yr 10% more
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Bajaj Allianz Life Insurance Service Manager Salary 1 - 3 years exp. (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹3.5 L/yr 7% more
Tata AIA Life Insurance Service Manager Salary 1 - 6 years exp. (3 salaries)	Unlock ₹2.7 L/yr - ₹3.5 L/yr 7% more
PNB MetLife Service Manager Salary 0 - 6 years exp. (3 salaries)	Unlock ₹3.3 L/yr - ₹7 L/yr 94% more
ICICI Lombard General Insurance Company Service Manager Salary 8 - 11 years exp. (7 salaries)	Unlock ₹4 L/yr - ₹5.5 L/yr 73% more

Service Manager salary at HDFC Life ranges between ₹2.4 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Service Manager salaries

Last Updated: 14 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹5.1 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹3.2 L/yr
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2 years (AmbitionBox Estimate)	Unlock ₹1.2 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹1.2 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹1.2 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹1.2 L/yr - ₹3.2 L/yr

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Similar Designation salaries in HDFC Life

Area Service Manager Salary

(3 salaries)

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₹4 L/yr - ₹6 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

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₹14.4 L/yr - ₹18.4 L/yr

Service Advisor Salary

(5 salaries)

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₹0.95 L/yr - ₹2.15 L/yr

Area Manager Salary

(37 salaries)

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₹3.76 L/yr - ₹15.4 L/yr

Center Manager Salary

(3 salaries)

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₹6 L/yr - ₹7.5 L/yr

Deputy Manager Salary

(731 salaries)

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₹3.5 L/yr - ₹12.14 L/yr

Territory Manager Salary

(229 salaries)

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₹10.9 L/yr - ₹21 L/yr

Sales Manager Salary

(702 salaries)

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₹1.55 L/yr - ₹7.5 L/yr

Regional Service Manager Salary

(AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr

Customer Service Manager Salary

(7 salaries)

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₹3.5 L/yr - ₹8 L/yr

Salary related reviews for HDFC Life

1.9

Rated by 4 employees for salary & benefits

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

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

Territory Manager in Mumbai

Sales & Business Development Department

1.0

• posted on 11 Apr 2022

1.0

for Salary and Benefits

Likes

Literally nothing

Dislikes

...c targets, no support from seniors instead they pressurise you beyond reason. Zilch in the name of L&D, Worst IT infrastructure, they can’t even pay for outlook, they use free version of Notes even for mails.

Salary - Bad

+6 more

Sales Manager in Bhubaneswar

Sales & Business Development Department

4.0

• posted on 07 Mar 2022

4.0

for Salary and Benefits

Likes

Growth in career as your performance is dependent on your target fulfilment. Learning is good and step-up certification can give your career a boost.

Salary - Good

+6 more

Dislikes

Designation is indirectly proportional to salary. Salary is not that good but we earn good incentives and contests to earn and travel.

Sales Manager in Jabalpur

Sales & Business Development Department

1.0

• posted on 20 Nov 2020

1.0

for Salary and Benefits

Likes

Salary Has Credited On Time

Dislikes

No Growth In This Company Totally Frastation And Mently Torcher in This Orgnation company has not provided Any Marketing Product Self Invest For Marketing Activity if You Are Work This Orgnation Than Your Financial Condision Are everyday week And You Lot Of west Your Money

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

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 Service Manager Salary FAQs

What is the salary of Service Manager at HDFC Life?

Service Manager salary at HDFC Life in India ranges between ₹2.4 Lakhs to ₹3.2 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 63% less than the average Service Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Service Manager at HDFC Life is 63% less than the average salary of a Service Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Service Manager in India?

PNB MetLife Service Manager Salary - ₹3.3 Lakhs to ₹7.0 Lakhs per year
ICICI Lombard General Insurance Company Service Manager Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
Max Life Insurance Service Manager Salary - ₹1.7 Lakhs to ₹3.5 Lakhs per year
Tata AIA Life Insurance Service Manager Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
Bajaj Allianz Life Insurance Service Manager Salary - ₹2.8 Lakhs to ₹3.5 Lakhs per year

What is the salary of a Service Manager in companies similar to HDFC Life in India?

ICICI Prudential Life Insurance Service Manager Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a Service Manager at HDFC Life ranges between ₹21,196 per month to ₹22,841 per month in India. The take-home salary calculation is based on the average HDFC Life Service Manager salary in India which ranges between ₹2.4 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Service Manager at HDFC Life?

According to AmbitionBox, 80% of the HDFC Life Service Managers reported a notice period of 1 Month, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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HDFC Life Service Manager Salaries by Location

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HDFC Life Service Manager Salaries

HDFC Life Service Manager salary in India ranges between ₹2.4 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDFC Life latest salaries received from various employees of HDFC Life.