HDFC Life Mumbai Territory Head Salaries by 10+ Employees (Updated 2025)

10 - 18 years exp.

₹9 Lakhs - ₹18.2 Lakhs

Salary of majority employees

29% more than the average Territory Head Salary in Insurance Companies for 10 - 18 years of experience

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Salaries in different departments

Sales & Business Development Territory Head Salary 10 - 18 years exp. (9 salaries)	₹10.2 L/yr - ₹18.2 L/yr
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BFSI, Investments & Trading Territory Head Salary 11 - 17 years exp. (6 salaries)	₹9 L/yr - ₹16 L/yr

Last Updated: 14 Feb 2025

Companies similar to HDFC Life for Territory Head in Mumbai

HDFC Life Territory Head Salary

10 - 18 years exp. (19 salaries)

₹9 L/yr - ₹18.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Eureka Forbes Territory Head Salary 4 - 12 years exp. (8 salaries)	₹6 L/yr - ₹8.5 L/yr 49% less
HDFC Bank Territory Head Salary 12 - 18 years exp. (5 salaries)	₹19 L/yr - ₹23 L/yr 34% more
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UNO Minda Territory Head Salary 4 - 10 years exp. (5 salaries)	₹5.5 L/yr - ₹7.9 L/yr 53% less
Arihant Industrial Corporation Territory Head Salary 4 - 15 years exp. (3 salaries)	₹9.5 L/yr - ₹12 L/yr 22% less
Bajaj Electricals Territory Head Salary 2 - 7 years exp. (3 salaries)	₹6 L/yr - ₹10.3 L/yr 43% less

Territory Head salary at HDFC Life ranges between ₹9 Lakhs to ₹18.2 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 19 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Territory Head salaries in Mumbai

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
10 years (3 salaries)	₹10.2 L/yr - ₹23.4 L/yr
11 years (3 salaries)	₹9 L/yr - ₹15.7 L/yr
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12 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.7 L/yr
13 years (3 salaries)	₹5.6 L/yr - ₹16.5 L/yr
14 years (3 salaries)	₹5.7 L/yr - ₹18.2 L/yr
15+ years (5 salaries)	₹11 L/yr - ₹17 L/yr

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From

Territory Head

10 - 19 years exp.

Senior Manager

₹

Lakhs/yr

2 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDFC Life

Deputy Manager Salary

(475 salaries)

₹3.5 L/yr - ₹14.4 L/yr

Sales Manager Salary

(90 salaries)

₹2.2 L/yr - ₹7.5 L/yr

Branch Manager Salary

(30 salaries)

₹5.5 L/yr - ₹12.5 L/yr

Cluster Manager Salary

(26 salaries)

₹6 L/yr - ₹11.46 L/yr

Territory Manager Salary

(23 salaries)

₹5.49 L/yr - ₹17.2 L/yr

Territory Sales Manager Salary

(5 salaries)

₹4.5 L/yr - ₹14 L/yr

Team Lead Salary

(5 salaries)

₹3.26 L/yr - ₹7 L/yr

Sales Officer Salary

(3 salaries)

₹2.4 L/yr - ₹3 L/yr

Top skills at HDFC Life for Territory Head

Business Development Sales Life Insurance Bancassurance Team Management Sales Planning Client Relationship Management Channel Partners banca sales Channel Sales Insurance Communication Skills Insurance Sales Leadership Skills Sales Process

Salary related reviews for HDFC Life

2.7

Rated by 5 employees for salary & benefits

Territory Head in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Jun 2023

4.0

for Salary and Benefits

Likes

Organization is very good, lots of opportunities to explore. Good pay master.

Salary - Good

Dislikes

Work culture is very pathetic. Leaders and Management is very poor. No accountability and responsibility for employees growth.

Skill development - Bad

+5 more

Business Development Manager in Vasai-Virar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 May 2024

3.0

for Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

Work satisfaction - Bad

+2 more

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Oct 2023

3.0

for Salary and Benefits

Likes

Already they are top in insurance sector so people know about this company that's good part.

Dislikes

...se that's why they are doing insurance these are the facts they take advantage In small salary package thier expectation is more than crore For a freshers Or 2 years experience not good place to work You have to travel every single day like a horse (on your money) Many more people don't share because they sacred if they share they can't get job because these people leaves and they go to another company so it's like round like earth anyone can meet anywhere In 100 people only will success 2

Skill development - Poor

+5 more

Relationship Manager in Bhubaneswar

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.

Salary - Poor

+4 more

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.

Job security - Good

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

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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HDFC Life Territory Head Salary FAQs

What is the salary of Territory Head at HDFC Life Mumbai?

Territory Head salary at HDFC Life in Mumbai ranges between ₹9.0 Lakhs to ₹18.2 Lakhs for experience between 10 years to 18 years. According to our estimates it is 29% more than the average Territory Head Salary in India. Salary estimates are based on 19 latest salaries received from various employees of HDFC Life Mumbai.

How does the salary of a Territory Head at HDFC Life Mumbai compare with the average salary range for this job?

The average salary of a Territory Head at HDFC Life is 29% more than the average salary of a Territory Head in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Territory Head at HDFC Life?

Business Development, Sales, Life Insurance, Bancassurance and Team Management are some of the popular skills required to work as a Territory Head at HDFC Life Mumbai.

Which similar companies are paying more than HDFC Life to a Territory Head in Mumbai?

HDFC Bank Territory Head Salary - ₹19.0 Lakhs to ₹23.0 Lakhs per year

What is the salary of a Territory Head in companies similar to HDFC Life in Mumbai?

Arihant Industrial Corporation Territory Head Salary - ₹9.5 Lakhs to ₹12.0 Lakhs per year
Bajaj Electricals Territory Head Salary - ₹6.0 Lakhs to ₹10.3 Lakhs per year
Eureka Forbes Territory Head Salary - ₹6.0 Lakhs to ₹8.5 Lakhs per year
UNO Minda Territory Head Salary - ₹5.5 Lakhs to ₹7.9 Lakhs per year

What is the estimated take home salary of a Territory Head at HDFC Life in Mumbai?

The estimated take-home salary of a Territory Head at HDFC Life ranges between ₹99,974 per month to ₹1,02,695 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Territory Head salary in India which ranges between ₹9.0 Lakhs to ₹18.2 Lakhs per year for employees with experience between 10 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Territory Head at HDFC Life in Mumbai?

According to AmbitionBox, 67% of the HDFC Life Territory Heads in Mumbai reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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HDFC Life Territory Head Salaries in Mumbai

HDFC Life Territory Head salary in Mumbai ranges between ₹9 Lakhs to ₹18.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 HDFC Life latest salaries received from various employees of HDFC Life.