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HDFC Life SSM salaries in India

Annual salary range
3 - 9 years exp.
₹2.8 Lakhs - ₹5.5 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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36% more than the average SSM Salary in Insurance Companies for 3 - 9 years of experience

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Last Updated: 15 Jun 2024

Companies similar to HDFC Life for SSM

Company name Avg Annual Salary Open Jobs
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Bajaj Allianz Life Insurance SSM Salary

2 - 6 years exp. (8 salaries)

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₹3 L/yr - ₹3.1 L/yr

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Reliance Nippon Life Insurance SSM Salary

2 - 7 years exp. (3 salaries)

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₹2.6 L/yr - ₹3.2 L/yr

arrow icon 34% less
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PNB MetLife SSM Salary

7 - 8 years exp. (3 salaries)

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₹4 L/yr - ₹5.2 L/yr

arrow icon 5% more
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Dabur SSM Salary

1 - 8 years exp. (22 salaries)

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₹1.6 L/yr - ₹4.5 L/yr

arrow icon 43% less
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Hamdard SSM Salary

1 - 8 years exp. (12 salaries)

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₹2.5 L/yr - ₹3 L/yr

arrow icon 37% less
SSM salary at HDFC Life ranges between ₹2.8 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life SSM

8mo ago
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9 years exp.
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3 years exp.
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4 years exp.
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7 years exp.
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Experience wise HDFC Life SSM salaries

Last Updated: 15 Jun 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹7.8 L/yr
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹7.8 L/yr
5 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹5 L/yr
View all

Salary related reviews for HDFC Life

1.0

Rated by 1 employees for salary & benefits

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

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

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

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 09 Feb 2025

4.0
 for  Salary and Benefits

Likes

Salary credited process is very good Working culture is Average good

  • Salary - Good
  • +1 more

Dislikes

HR is very irresponsible or no one Hr's not responding any reply by call or emails, they ignoring all employees calls, messages and emails...

read more
  • Job security - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 27 Jan 2025

1.0
 for  Salary and Benefits

Likes

There is nothing to like about this company

Dislikes

HDFC Life primarily exploits its employees by imposing excessive work pressure and making unnecessary salary deductions. They promise promotions twice a year, but these commitments are often ignored due to office politics. There is a notable lack of job security, and the company does not provide any training during the induction process. Employees are expected to perform tasks without proper guidance. The company culture is poor; it relies solely on its brand name while subjecting employees to undue stress. There is a lack of transparency regarding targets and achievements, leading to significant mental pressure. As a result, the work-life balance is severely affected, and most employees do not feel valued in this environment.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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HDFC Life SSM Salary FAQs

What is the salary of SSM at HDFC Life?
SSM salary at HDFC Life in India ranges between ₹2.8 Lakhs to ₹5.5 Lakhs for experience between 3 years to 9 years. According to our estimates it is 36% more than the average SSM Salary in India. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life India.
How does the salary of a SSM at HDFC Life India compare with the average salary range for this job?
The average salary of a SSM at HDFC Life is 36% more than the average salary of a SSM in India. To know exact salary insights, login to view.
Which similar companies are paying more than HDFC Life to a SSM in India?
  • PNB MetLife SSM Salary - ₹4.0 Lakhs to ₹5.2 Lakhs per year
What is the salary of a SSM in companies similar to HDFC Life in India?
  • Bajaj Allianz Life Insurance SSM Salary - ₹3.0 Lakhs to ₹3.1 Lakhs per year
  • Reliance Nippon Life Insurance SSM Salary - ₹2.6 Lakhs to ₹3.2 Lakhs per year
  • Hamdard SSM Salary - ₹2.5 Lakhs to ₹3.0 Lakhs per year
  • Dabur SSM Salary - ₹1.6 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a SSM at HDFC Life in India?
The estimated take-home salary of a SSM at HDFC Life ranges between ₹32,438 per month to ₹33,716 per month in India. The take-home salary calculation is based on the average HDFC Life SSM salary in India which ranges between ₹2.8 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?
What is the notice period for SSM at HDFC Life?
According to AmbitionBox, 100% of the HDFC Life SSMs reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life SSM salary in India ranges between ₹2.8 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 HDFC Life latest salaries received from various employees of HDFC Life.