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HDFC Life Team Manager salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
3 - 9 years exp.
₹4.8 Lakhs - ₹9.5 Lakhs
Salary of majority employees
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64% less than the average Team Manager Salary in Insurance Companies for 3 - 9 years of experience

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Salaries in different departments

Sales & Business Development
Team Manager Salary
4 - 9 years exp. (4 salaries)
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₹5.3 L/yr - ₹9.5 L/yr

BFSI, Investments & Trading
Team Manager Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹4.8 L/yr - ₹6.3 L/yr

Last Updated: 1 Mar 2025

Companies similar to HDFC Life for Team Manager in Bangalore / Bengaluru

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HDFC Life Team Manager Salary

3 - 9 years exp. (6 salaries)

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₹4.8 L/yr - ₹9.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Gallagher Team Manager Salary

7 - 14 years exp. (85 salaries)

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₹4.3 L/yr - ₹11.7 L/yr

arrow icon 32% more
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AXA Team Manager Salary

7 - 15 years exp. (5 salaries)

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₹43.6 L/yr - ₹60 L/yr

arrow icon 673% more
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Capgemini Team Manager Salary

6 - 19 years exp. (642 salaries)

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₹7 L/yr - ₹26 L/yr

arrow icon 151% more
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Cognizant Team Manager Salary

5 - 18 years exp. (265 salaries)

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₹8 L/yr - ₹28.8 L/yr

arrow icon 169% more
2 job openings
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Accenture Team Manager Salary

7 - 19 years exp. (169 salaries)

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₹10 L/yr - ₹40 L/yr

arrow icon 290% more
Team Manager salary at HDFC Life ranges between ₹4.8 Lakhs to ₹9.5 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 Team Manager in Bangalore / Bengaluru

3w ago
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7 years exp.
1y ago
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9 years exp.
1y ago
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4 years exp.
1y ago
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3 years exp.
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6 years exp.

Experience wise HDFC Life Team Manager salaries in Bangalore / Bengaluru

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹11 L/yr
4 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.4 L/yr
5 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.2 L/yr
6 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹6.4 L/yr
7 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹9.5 L/yr
View all

Similar Designation salaries in HDFC Life

Deputy Manager Salary
(108 salaries)
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₹4.5 L/yr - ₹12.75 L/yr
Branch Manager Salary
(33 salaries)
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₹6.8 L/yr - ₹11 L/yr
Cluster Manager Salary
(21 salaries)
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₹7 L/yr - ₹11 L/yr
Team Lead Salary
(13 salaries)
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₹1.8 L/yr - ₹8.5 L/yr

Top skills at HDFC Life for Team Manager

Team Leading

Salary related reviews for HDFC Life

3.0

Rated by 1 employees for salary & benefits

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.

read more
  • 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.

read more
  • Promotions - Poor

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.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Risk Management & Compliance Department

3.0
  •  posted on 26 Nov 2023

1.0
 for  Salary and Benefits

Likes

The way they make fool our of you. JD and actual work are really different. Popular statement "I am a really considerate manager".

read more
  • Job security - Excellent

Dislikes

Usual work day is for about 12 hrs On document Saturday is a non working day but you will be forced to work with out pay. Overtime is a myth Promotion depends upon L1's will. Variable pay is only for MT's and chief manager & above Huge gap in pay at same band.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 05 May 2024

2.0
 for  Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

read more
  • Salary - Poor
  • +4 more

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

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

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HDFC Life Team Manager Salary FAQs

What is the salary of Team Manager at HDFC Life in Bangalore / Bengaluru?
The average salary of a Team Manager at HDFC Life in Bangalore / Bengaluru typically ranges from ₹4.8 Lakhs to ₹9.5 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Team Manager in Bangalore / Bengaluru at HDFC Life earn more than ₹9.3 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Team Manager 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 6 HDFC Life employees in India.
What is the estimated take home salary of a Team Manager at HDFC Life in Bangalore / Bengaluru?
The estimated take-home salary of a Team Manager at HDFC Life in Bangalore / Bengaluru typically ranges from ₹48,423 to ₹49,568 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from 3 years to 9 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 6 salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Team Manager at HDFC Life in Bangalore / Bengaluru?
Team Leading is a popular skill required to work as a Team Manager at HDFC Life.
Which companies offer higher salaries than HDFC Life for Team Manager in India?
AXA ₹43.6 Lakhs to ₹60.0 Lakhs per year
Accenture ₹10.0 Lakhs to ₹40.0 Lakhs per year
Cognizant ₹8.0 Lakhs to ₹28.8 Lakhs per year
Capgemini ₹7.0 Lakhs to ₹26.0 Lakhs per year
Gallagher ₹4.3 Lakhs to ₹11.7 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.
How the salary growth look like for a Team Manager at HDFC Life in Bangalore / Bengaluru?
The salary growth for a Team Manager at HDFC Life in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Team Manager in Bangalore / Bengaluru can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
3 years ₹4.8 Lakhs to ₹11.0 Lakhs per year
4 years ₹4.8 Lakhs to ₹6.4 Lakhs per year
5 years ₹5.7 Lakhs to ₹7.2 Lakhs per year
6 years ₹2.6 Lakhs to ₹6.4 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Life Team Manager salary in Bangalore / Bengaluru ranges between ₹4.8 Lakhs to ₹9.5 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.