HDFC Life Software Developer Salaries by 10+ Employees

2 - 7 years exp.

₹4.3 Lakhs - ₹15.2 Lakhs

Salary of majority employees

25% more than the average Software Developer Salary in Insurance Companies for 2 - 7 years of experience

Interested in this particular role?

Last Updated: 28 Nov 2024

Companies similar to HDFC Life for Software Developer

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Software Developer Salary 2 - 6 years exp. (7 salaries)	₹2.5 L/yr - ₹8 L/yr 33% less
SBI Life Insurance Company Software Developer Salary 0 - 4 years exp. (11 salaries)	₹2.4 L/yr - ₹6 L/yr 54% less
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Kotak Mahindara Life Insurance Software Developer Salary 0 - 2 years exp. (3 salaries)	₹3 L/yr - ₹5.3 L/yr 56% less
Bajaj Allianz Life Insurance Software Developer Salary 2 - 5 years exp. (15 salaries)	₹4 L/yr - ₹9.2 L/yr 30% less
Tata AIA Life Insurance Software Developer Salary 3 - 5 years exp. (7 salaries)	₹5.6 L/yr - ₹13.1 L/yr 6% more
Aditya Birla Sun Life Insurance Software Developer Salary 2 - 3 years exp. (4 salaries)	₹3.5 L/yr - ₹6.6 L/yr 49% less
HDFC Ergo General Insurance Software Developer Salary 0 - 5 years exp. (87 salaries)	₹2.1 L/yr - ₹11.9 L/yr 34% less
ICICI Lombard General Insurance Company Software Developer Salary 0 - 4 years exp. (49 salaries)	₹3.5 L/yr - ₹12.2 L/yr 20% less
Empower Software Developer Salary 2 - 7 years exp. (36 salaries)	₹6.7 L/yr - ₹19.2 L/yr 39% more
Star Health & Allied Insurance Software Developer Salary 1 - 10 years exp. (19 salaries)	₹7.3 L/yr - ₹28.3 L/yr 63% more
Swiss Re Software Developer Salary 1 - 4 years exp. (11 salaries)	₹15.6 L/yr - ₹26 L/yr 63% more
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Allianz Software Developer Salary 3 - 5 years exp. (10 salaries)	₹3 L/yr - ₹11.3 L/yr 31% less
Gallagher Software Developer Salary 0 - 4 years exp. (11 salaries)	₹7 L/yr - ₹24.6 L/yr 39% more
AXA Software Developer Salary 2 - 6 years exp. (6 salaries)	₹5 L/yr - ₹9.1 L/yr 19% less
AIG Software Developer Salary 3 - 7 years exp. (6 salaries)	₹5.2 L/yr - ₹14.8 L/yr 17% more
SBI General Insurance Software Developer Salary 0 - 11 years exp. (5 salaries)	₹6 L/yr - ₹9 L/yr 29% less
Life Insurance Corporation of India Software Developer Salary 2 - 8 years exp. (3 salaries)	₹1.1 L/yr - ₹12 L/yr 23% less

Software Developer salary at HDFC Life ranges between ₹4.3 Lakhs to ₹15.2 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 13 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Software Developer salaries

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
2 years (4 salaries)	₹4.3 L/yr - ₹12.5 L/yr
3 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹16.9 L/yr
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4 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹18.1 L/yr
5 years (5 salaries)	₹5.8 L/yr - ₹15.2 L/yr
6 years (AmbitionBox Estimate)	₹10 L/yr - ₹20.3 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹15.2 L/yr

View all

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Senior Software Developer Salary

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₹10.1 L/yr - ₹12.9 L/yr

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Software Development Engineer Salary

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Lead Software Engineer Salary

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Senior Engineer Salary

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Salary related reviews for HDFC Life

3.5

Rated by 8 employees for salary & benefits

Software Developer in Mumbai

Engineering - Software & QA Department

2.0

• posted on 01 Jun 2021

2.0

for Salary and Benefits

Likes

I am working in this company (ADCAT dept) for the last 2 years. Even in the period of lockdown, they allowed us to WFH without any salary deduction. Sat-Sun is compulsory off. Work-life balance. ADCAT dept has a startup environment so there is a lot of transparency. Good for freshers

Dislikes

Since this is not a tech company one shouldn't expect much but then too I would like to highlight a few points. Since there is no proper software development process so the quality of the project is worse. The fact is nobody cares until something crashes. No focus on best practices at all. Non-tech PM will make you laugh and sick at the same time. Managers do not value any technical suggestions so there will be a time where one would lose hope and run along with it. 90% of projects are scrapped within a few months after development. Lack of training for freshers/Interns pushes them in the wrong direction.

Salary - Poor

+4 more

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

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

Senior Associate in Ghaziabad

Branch Operations Department

3.0

• posted on 02 Aug 2022

1.0

for Salary and Benefits

Likes

...omplete your assigned task. And it is achievable if proper direction provided. Salary will be on time always no delay.

Job security - Excellent

+1 more

Dislikes

...ay of the month you will have to do work from home and do the revival calling. In branch operations 80% is sales and 20% is operations work but salary will be according to operations.

Salary - Bad

+1 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 Software Developer Salary FAQs

What is the salary of Software Developer at HDFC Life ?

The average salary of a Software Developer at HDFC Life in India typically ranges from ₹4.3 Lakhs to ₹15.2 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Software Developer at HDFC Life earn more than ₹15.2 Lakhs per year, and the top 1% earn over ₹15.2 Lakhs per year. Software Developer 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 10+ HDFC Life employees in India.

What is the estimated take home salary of a Software Developer at HDFC Life in India?

The estimated take-home salary of a Software Developer at HDFC Life in India typically ranges from ₹72,365 to ₹74,231 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹15.2 Lakhs per year for employees with experience ranging from 2 years to 7 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 10+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Life for Software Developer in India?

Star Health & Allied Insurance	₹7.3 Lakhs to ₹28.3 Lakhs per year
Swiss Re	₹15.6 Lakhs to ₹26.0 Lakhs per year
Gallagher	₹7.0 Lakhs to ₹24.6 Lakhs per year
Empower	₹6.7 Lakhs to ₹19.2 Lakhs per year
AIG	₹5.2 Lakhs to ₹14.8 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 Software Developer in companies similar to HDFC Life in India?

The salary of a Software Developer 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	₹5.6 Lakhs to ₹13.1 Lakhs per year
AXA	₹5.0 Lakhs to ₹9.1 Lakhs per year
ICICI Lombard General Insurance Company	₹3.5 Lakhs to ₹12.2 Lakhs per year
Life Insurance Corporation of India	₹1.1 Lakhs to ₹12.0 Lakhs per year
SBI General Insurance	₹6.0 Lakhs to ₹9.0 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 Software Developer at HDFC Life in India?

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

Experience	Average Salary Range
2 years	₹4.3 Lakhs to ₹12.5 Lakhs per year
3 years	₹7.6 Lakhs to ₹16.9 Lakhs per year
4 years	₹5.8 Lakhs to ₹18.1 Lakhs per year
5 years	₹5.8 Lakhs to ₹15.2 Lakhs per year

and so on.

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HDFC Life Software Developer Salaries

HDFC Life Software Developer salary in India ranges between ₹4.3 Lakhs to ₹15.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 HDFC Life latest salaries received from various employees of HDFC Life.