HDFC Life Software Development Engineer Salaries by 5 Employees (Updated 2025)

1 - 3 years exp.

₹13 Lakhs - ₹25 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

20% more than the average Software Development Engineer Salary in Insurance Companies for 1 - 3 years of experience

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Last Updated: 25 Jan 2025

Companies similar to HDFC Life for Software Development Engineer

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Software Development Engineer Salary 1 - 5 years exp. (4 salaries)	₹13 L/yr - ₹20 L/yr 2% less
Swiss Re Software Development Engineer Salary 2 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹18.5 L/yr 52% less
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Star Health & Allied Insurance Software Development Engineer Salary 0 - 2 years exp. (3 salaries)	₹8.5 L/yr - ₹13 L/yr 31% less
Amazon Software Development Engineer Salary 0 - 7 years exp. (2.1k salaries)	₹19.6 L/yr - ₹35 L/yr 30% more	277 job openings
Jio Platforms Software Development Engineer Salary 0 - 5 years exp. (575 salaries)	₹4.5 L/yr - ₹15 L/yr 49% less

Software Development Engineer salary at HDFC Life ranges between ₹13 Lakhs to ₹25 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Software Development Engineer salaries

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
2 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.7 L/yr
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3 years (AmbitionBox Estimate)	₹18.7 L/yr - ₹23.9 L/yr

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System Engineer Salary

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₹3.2 L/yr - ₹4 L/yr

Senior Engineer Salary

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₹1.6 L/yr - ₹2.1 L/yr

Senior Developer Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Associate Software Engineer Salary

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Salary related reviews for HDFC Life

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

Senior Associate in Marathalli

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 16 Sep 2022

3.0

for Salary and Benefits

Likes

Once you got job you can not leave that company. Because the seniors don't want you to leave .

Skill development - Good

+2 more

Dislikes

Work in pressure. Less salary. Late night working. They ask you to go to different branches on different days and they don't even pay charges.

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Life Software Development Engineer Salary FAQs

What is the salary of Software Development Engineer at HDFC Life ?

The average salary of a Software Development Engineer at HDFC Life in India typically ranges from ₹13.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Software Development Engineer at HDFC Life earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Software Development Engineer 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 5 HDFC Life employees in India.

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

The estimated take-home salary of a Software Development Engineer at HDFC Life in India typically ranges from ₹1,13,255 to ₹1,16,405 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 5 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 Development Engineer in India?

Amazon

₹19.6 Lakhs to ₹35.0 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 Development Engineer in companies similar to HDFC Life in India?

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

ICICI Lombard General Insurance Company	₹13.0 Lakhs to ₹20.0 Lakhs per year
Star Health & Allied Insurance	₹8.5 Lakhs to ₹13.0 Lakhs per year
Jio Platforms	₹4.5 Lakhs to ₹15.0 Lakhs per year
Swiss Re	₹2.4 Lakhs to ₹18.5 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 Development Engineer at HDFC Life in India?

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

Experience	Average Salary Range
1 year	₹11.7 Lakhs to ₹15.0 Lakhs per year
2 years	₹14.6 Lakhs to ₹18.7 Lakhs per year
3 years	₹18.7 Lakhs to ₹23.9 Lakhs per year

and so on.

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HDFC Life Software Development Engineer Salaries

HDFC Life Software Development Engineer salary in India ranges between ₹13 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Life latest salaries received from various employees of HDFC Life.