HDFC Life Mumbai Territory Head Salaries by 20+ Employees (Updated 2025)

10 - 18 years exp.

₹9 Lakhs - ₹18.2 Lakhs

Salary of majority employees

32% more than the average Territory Head Salary in Insurance Companies for 10 - 18 years of experience

Interested in this particular role?

Salaries in different departments

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

Last Updated: 20 Mar 2025

Companies similar to HDFC Life for Territory Head in Mumbai

HDFC Life Territory Head Salary

10 - 18 years exp. (20 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 50% less
HDFC Bank Territory Head Salary 12 - 18 years exp. (5 salaries)	₹16.8 L/yr - ₹23 L/yr 27% more
Login to view exact salary
UNO Minda Territory Head Salary 4 - 10 years exp. (5 salaries)	₹5.5 L/yr - ₹7.9 L/yr 56% less
Arihant Industrial Corporation Territory Head Salary 4 - 15 years exp. (3 salaries)	₹9.5 L/yr - ₹12 L/yr 24% less
Bajaj Electricals Territory Head Salary 2 - 7 years exp. (3 salaries)	₹6 L/yr - ₹10.3 L/yr 44% 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 20 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Territory Head salaries in Mumbai

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
10 years (3 salaries)	₹10.2 L/yr - ₹23.9 L/yr
11 years (3 salaries)	₹9 L/yr - ₹15.7 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.7 L/yr
13 years (3 salaries)	₹14 L/yr - ₹16.5 L/yr
14 years (3 salaries)	₹5.8 L/yr - ₹18.2 L/yr
15+ years (6 salaries)	₹11 L/yr - ₹17 L/yr

View all

From

Territory Head

10 - 19 years exp.

Senior Manager

2 - 20 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

(424 salaries)

₹3.5 L/yr - ₹14 L/yr

Sales Manager Salary

(93 salaries)

₹2.2 L/yr - ₹7.5 L/yr

Branch Manager Salary

(32 salaries)

₹5.5 L/yr - ₹12.5 L/yr

Cluster Manager Salary

(27 salaries)

₹6 L/yr - ₹11.46 L/yr

Area Manager Salary

(25 salaries)

₹13.58 L/yr - ₹19 L/yr

Territory Manager Salary

(22 salaries)

₹10.21 L/yr - ₹18 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

Got a question about HDFC Life?

Ask anonymously on communities.

HDFC Life Territory Head Salary FAQs

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

The average salary of a Territory Head at HDFC Life in Mumbai typically ranges from ₹9.0 Lakhs to ₹18.2 Lakhs per year, depending on experience (from 10 years to 18 years).

The top 10% of Territory Head in Mumbai at HDFC Life earn more than ₹16.8 Lakhs per year, and the top 1% earn over ₹18.2 Lakhs per year. Territory Head 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 20+ HDFC Life employees in India.

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 in Mumbai typically ranges from ₹1,01,838 to ₹1,04,619 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹18.2 Lakhs per year for employees with experience ranging from 10 years to 18 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 20+ 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 Territory Head at HDFC Life in Mumbai?

To be a Territory Head at HDFC Life in Mumbai, the key skills required include:

- Business Development
- Sales
- Life Insurance
- Bancassurance
- Team Management

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Life for Territory Head in India?

HDFC Bank

₹16.8 Lakhs to ₹23.0 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 Territory Head in companies similar to HDFC Life in Mumbai?

The salary of a Territory Head at companies similar to HDFC Life in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Arihant Industrial Corporation	₹9.5 Lakhs to ₹12.0 Lakhs per year
Bajaj Electricals	₹6.0 Lakhs to ₹10.3 Lakhs per year
Eureka Forbes	₹6.0 Lakhs to ₹8.5 Lakhs per year
UNO Minda	₹5.5 Lakhs to ₹7.9 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 Territory Head at HDFC Life in Mumbai?

The salary growth for a Territory Head at HDFC Life in Mumbai depends on factors such as experience, performance, and promotions. On average, a Territory Head in Mumbai can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
10 years	₹10.2 Lakhs to ₹23.9 Lakhs per year
11 years	₹9.0 Lakhs to ₹15.7 Lakhs per year
12 years	₹12.0 Lakhs to ₹15.7 Lakhs per year
13 years	₹14.0 Lakhs to ₹16.5 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
HDFC Life Salaries >
HDFC Life Territory Head Salaries >
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 20 HDFC Life latest salaries received from various employees of HDFC Life.