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HDFC Life

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4.0

based on 9.3k Reviews

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HDFC Life Sr BDM salaries in India

Annual salary range
2 - 13 years exp.
₹3.2 Lakhs - ₹4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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60% less than the average Sr BDM Salary in Insurance Companies for 2 - 13 years of experience

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Last Updated: 3 Sep 2022

Companies similar to HDFC Life for Sr BDM

Company name Avg Annual Salary Open Jobs
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SBI Life Insurance Company Sr BDM Salary

5 - 13 years exp. (164 salaries)
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₹3 L/yr - ₹8.2 L/yr

arrow icon 73% more
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SBI General Insurance Sr BDM Salary

5 - 13 years exp. (33 salaries)
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₹3.8 L/yr - ₹7 L/yr

arrow icon 57% more
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Bajaj Allianz Life Insurance Sr BDM Salary

3 - 19 years exp. (20 salaries)
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₹4.3 L/yr - ₹4.8 L/yr

arrow icon 38% more
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ICICI Lombard General Insurance Company Sr BDM Salary

3 - 16 years exp. (6 salaries)
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₹3.4 L/yr - ₹9 L/yr

arrow icon 64% more
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Reliance Nippon Life Insurance Sr BDM Salary

3 - 11 years exp. (4 salaries)
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₹4.3 L/yr - ₹6.6 L/yr

arrow icon 51% more
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Axis Max Life Insurance Sr BDM Salary

11 - 17 years exp. (4 salaries)
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₹7.8 L/yr - ₹11 L/yr

arrow icon 157% more
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Shriram Life Insurance Sr BDM Salary

4 - 13 years exp. (4 salaries)
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₹2.8 L/yr - ₹4 L/yr

arrow icon 4% less
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Aditya Birla Sun Life Insurance Sr BDM Salary

9 - 15 years exp. (4 salaries)
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₹10.3 L/yr - ₹12 L/yr

arrow icon 243% more
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ICICI Prudential Life Insurance Sr BDM Salary

0 - 13 years exp. (3 salaries)
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₹4 L/yr - ₹4.5 L/yr

arrow icon 28% more
Sr BDM salary at HDFC Life ranges between ₹3.2 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Sr BDM salaries

Last Updated: 3 Sep 2022

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
View all

Salary related reviews for HDFC Life

5.0

Rated by 1 employees for salary & benefits

Sales Manager in Cuttack

Full Time

 · 

CSR & Social Service Department

4.0
  •  posted on 23 Mar 2025
2.0
 for  Salary and Benefits

Likes

The company has lots of data, They r learning you in first stage and after that they r find a way to indicate you wrongly.

read more
  • Job security - Good

Dislikes

Less salary, no support from trainer, biggest layers, no leaves, no support from L1 and above, no motivation only needed business, so if u r afresher think twice before joining.

read more
  • Salary - Poor

Corporate Agency Manager in Karnal

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 13 Mar 2025
3.0
 for  Salary and Benefits

Likes

Job security is the thing which i can say is good. Working culture is somewhat good.

  • Skill development - Good
    • +3 more

Dislikes

Salary hike is not so good like 4 to 5 percent annually only. There is no skill development options, you have to go in the morning and come back at the evening and this happens daily nothing new.

read more

Sr.CAM in New Delhi

Full Time

 · 

Other Department

5.0
  •  posted on 02 Mar 2025
5.0
 for  Salary and Benefits

Likes

HDFC Life is known for its supportive work culture, career growth opportunities, competitive pay, job security, and decent work-life balance.

read more
  • Salary - Excellent
    • +6 more

Dislikes

The login process should be more seamless to ensure minimal disruption for customers, providing a smoother and more efficient experience.

read more

Senior Corporate Agency Manager in Tirunelveli

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 28 Feb 2025
3.0
 for  Salary and Benefits

Likes

In HDFC Life There is time to work life balance. There is no more such pressure about Targets (Depends upon L1 Manager). The brand value is easy to convert among competitors.

read more
  • Job security - Excellent
    • +3 more

Dislikes

Salary is very low which is mentioned in payslip. Even HR also didn't know about employees salary. HR department is very week and they didn't care about employees. Very worst department in HDFC LIFE.

read 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.

read more
  • 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.

read more
  • Salary - Bad
    • +4 more
see more salary related reviews

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Shifting from Bangalore to Hyderabad
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HDFC Life Sr BDM Salary FAQs

What is the salary of Sr BDM at HDFC Life ?
The average salary of a Sr BDM at HDFC Life in India typically ranges from ₹3.2 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 2 years to 13 years).

The top 10% of Sr BDM at HDFC Life earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Sr BDM 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 4 HDFC Life employees in India.
What is the estimated take home salary of a Sr BDM at HDFC Life in India?
The estimated take-home salary of a Sr BDM at HDFC Life in India typically ranges from ₹23,932 to ₹25,386 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 2 years to 13 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 4 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 Sr BDM in India?
Aditya Birla Sun Life Insurance ₹10.3 Lakhs to ₹12.0 Lakhs per year
Axis Max Life Insurance ₹7.8 Lakhs to ₹11.0 Lakhs per year
SBI Life Insurance Company ₹3.0 Lakhs to ₹8.2 Lakhs per year
ICICI Lombard General Insurance Company ₹3.4 Lakhs to ₹9.0 Lakhs per year
SBI General Insurance ₹3.8 Lakhs to ₹7.0 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 Sr BDM in companies similar to HDFC Life in India?
The salary of a Sr BDM at companies similar to HDFC Life in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reliance Nippon Life Insurance ₹4.3 Lakhs to ₹6.6 Lakhs per year
Bajaj Allianz Life Insurance ₹4.3 Lakhs to ₹4.8 Lakhs per year
ICICI Prudential Life Insurance ₹4.0 Lakhs to ₹4.5 Lakhs per year
Shriram Life Insurance ₹2.8 Lakhs to ₹4.0 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 Sr BDM at HDFC Life in India?
The salary growth for a Sr BDM at HDFC Life depends on factors such as experience, performance, and promotions. On average, a Sr BDM can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
2 years ₹1.3 Lakhs to ₹4.0 Lakhs per year
3 years ₹3.0 Lakhs to ₹3.8 Lakhs per year
4 years ₹3.0 Lakhs to ₹3.8 Lakhs per year
5 years ₹1.3 Lakhs to ₹3.5 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Life Sr BDM salary in India ranges between ₹3.2 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.