HDFC Life Bangalore / Bengaluru Team Manager Salaries by 5 Employees (Updated 2024)

3 - 9 years exp.

₹4.8 Lakhs - ₹7 Lakhs

Salary of majority employees

62% 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. (3 salaries)	₹4.6 L/yr - ₹7 L/yr
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BFSI, Investments & Trading Team Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.9 L/yr

Last Updated: 9 Feb 2024

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

HDFC Life Team Manager Salary

3 - 9 years exp. (5 salaries)

₹4.8 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
Gallagher Team Manager Salary 7 - 14 years exp. (89 salaries)	₹4.3 L/yr - ₹11 L/yr 35% more	2 job openings
Capgemini Team Manager Salary 6 - 20 years exp. (593 salaries)	₹6.9 L/yr - ₹23 L/yr 134% more
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Cognizant Team Manager Salary 7 - 18 years exp. (228 salaries)	₹7.3 L/yr - ₹25 L/yr 144% more	1 job opening
Cargill Team Manager Salary 8 - 19 years exp. (120 salaries)	₹7.8 L/yr - ₹26 L/yr 166% more
Accenture Team Manager Salary 9 - 17 years exp. (105 salaries)	₹8 L/yr - ₹26 L/yr 214% more

Team Manager salary at HDFC Life ranges between ₹4.8 Lakhs to ₹7 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Team Manager salaries in Bangalore / Bengaluru

Last Updated: 9 Feb 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹10.2 L/yr
4 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.4 L/yr
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5 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.4 L/yr
7 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
9 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7 L/yr

View all

Similar Designation salaries in HDFC Life

Deputy Manager Salary

(102 salaries)

₹4.5 L/yr - ₹11.73 L/yr

Senior Associate Salary

(31 salaries)

₹2.03 L/yr - ₹4.5 L/yr

Branch Manager Salary

(24 salaries)

₹6.8 L/yr - ₹11 L/yr

Team Lead Salary

(11 salaries)

₹2.5 L/yr - ₹8.5 L/yr

Senior Analyst Salary

(4 salaries)

₹3.5 L/yr - ₹4.6 L/yr

Top skills at HDFC Life for Team Manager

Area Management Sales Management Team Leading

Salary related reviews for HDFC Life

3.0

Rated by 1 employees for salary & benefits

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.

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.

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.

Operations Manager in Mumbai

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".

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.

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

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

Flexibility of work from home.

Dislikes

...nt is not supportive and the way they communicate with lower levels is terrible. Salary structure is horrible and shift hours are expected for 12 to 14 hrs a day

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Life Team Manager Salary FAQs

What is the salary of Team Manager at HDFC Life Bangalore / Bengaluru?

Team Manager salary at HDFC Life in Bangalore / Bengaluru ranges between ₹4.8 Lakhs to ₹7.0 Lakhs for experience between 3 years to 9 years. According to our estimates it is 62% less than the average Team Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life Bangalore / Bengaluru.

How does the salary of a Team Manager at HDFC Life Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Team Manager at HDFC Life is 62% less than the average salary of a Team Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.

What are the top skills required to work as a Team Manager at HDFC Life?

Area Management, Sales Management and Team Leading are some of the popular skills required to work as a Team Manager at HDFC Life Bangalore / Bengaluru.

Which similar companies are paying more than HDFC Life to a Team Manager in Bangalore / Bengaluru?

Accenture Team Manager Salary - ₹8.0 Lakhs to ₹26.0 Lakhs per year
Cargill Team Manager Salary - ₹7.8 Lakhs to ₹26.0 Lakhs per year
Cognizant Team Manager Salary - ₹7.3 Lakhs to ₹25.0 Lakhs per year
Capgemini Team Manager Salary - ₹6.9 Lakhs to ₹23.0 Lakhs per year
Gallagher Team Manager Salary - ₹4.3 Lakhs to ₹11.0 Lakhs per year

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 ranges between ₹46,863 per month to ₹47,973 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average HDFC Life Team Manager salary in India which ranges between ₹4.8 Lakhs to ₹7.0 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 Team Manager at HDFC Life in Bangalore / Bengaluru?

According to AmbitionBox, 33% of the HDFC Life Team Managers in Bangalore / Bengaluru reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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HDFC Life Team Manager Salaries in Bangalore / Bengaluru

HDFC Life Team Manager salary in Bangalore / Bengaluru ranges between ₹4.8 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Life latest salaries received from various employees of HDFC Life.