HDFC Life Bangalore / Bengaluru Territory Manager Salaries by 10+ Employees (Updated 2025)

8 - 20 years exp.

₹10.9 Lakhs - ₹21 Lakhs

Salary of majority employees

87% more than the average Territory Manager Salary in Insurance Companies for 8 - 20 years of experience

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Salaries in different departments

Sales & Business Development Territory Manager Salary 13 - 20 years exp. (7 salaries)	₹14.1 L/yr - ₹21 L/yr
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BFSI, Investments & Trading Territory Manager Salary 8 - 16 years exp. (6 salaries)	₹10.6 L/yr - ₹18.2 L/yr

Last Updated: 8 Dec 2024

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

HDFC Life Territory Manager Salary

8 - 20 years exp. (14 salaries)

₹10.9 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Territory Manager Salary 6 - 9 years exp. (4 salaries)	₹6.5 L/yr - ₹8 L/yr 48% less	4 job openings
Bajaj Allianz Life Insurance Territory Manager Salary 4 - 23 years exp. (9 salaries)	₹5 L/yr - ₹8 L/yr 57% less
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Max Life Insurance Territory Manager Salary 11 - 16 years exp. (4 salaries)	₹10 L/yr - ₹13.7 L/yr 10% less
ICICI Lombard General Insurance Company Territory Manager Salary 1 - 15 years exp. (9 salaries)	₹6.5 L/yr - ₹10 L/yr 37% less
Reliance Nippon Life Insurance Territory Manager Salary 6 - 15 years exp. (7 salaries)	₹4 L/yr - ₹10 L/yr 44% less
SBI Life Insurance Company Territory Manager Salary 6 - 7 years exp. (3 salaries)	₹5.2 L/yr - ₹6 L/yr 63% less
Star Health & Allied Insurance Territory Manager Salary 13 - 18 years exp. (3 salaries)	₹8 L/yr - ₹15 L/yr 15% less

Territory Manager salary at HDFC Life ranges between ₹10.9 Lakhs to ₹21 Lakhs per year for employees with experience between 8 years to 20 years. Salary estimates are based on 14 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Territory Manager salaries in Bangalore / Bengaluru

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹19.5 L/yr
9 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
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10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹21.8 L/yr
11 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
12 years (AmbitionBox Estimate)	₹13 L/yr - ₹24.1 L/yr
13 years (AmbitionBox Estimate)	₹13 L/yr - ₹14.1 L/yr
14 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹21 L/yr
15+ years (6 salaries)	₹13 L/yr - ₹18 L/yr

View all

From

Territory Manager

₹

Lakhs/yr

8 - 20 years exp.

Associate Head Regional

₹

Lakhs/yr

13 - 22 years exp.

Territory Manager 8 - 20 years exp.

Circle Head 9 - 21 years exp.

7% hike

Associate Head Regional 13 - 22 years exp.

44% hike

From

Territory Manager

8 - 20 years exp.

Senior Manager

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

(109 salaries)

₹4.5 L/yr - ₹12.7 L/yr

Sales Manager Salary

(72 salaries)

₹2 L/yr - ₹7.3 L/yr

Relationship Manager Salary

(49 salaries)

₹2 L/yr - ₹4 L/yr

Senior Sales Manager Salary

(11 salaries)

₹3.8 L/yr - ₹6.5 L/yr

Area Manager Salary

(3 salaries)

₹6 L/yr - ₹11 L/yr

Top skills at HDFC Life for Territory Manager

Group Sales Corporate Banking Enterprise Sales private banking Target Achievement Relationship Management Regional Management Market Mapping

Salary related reviews for HDFC Life

3.9

Rated by 3 employees for salary & benefits

Territory Manager in Mumbai

Sales & Business Development Department

1.0

• posted on 11 Apr 2022

1.0

for Salary and Benefits

Likes

Literally nothing

Dislikes

...c targets, no support from seniors instead they pressurise you beyond reason. Zilch in the name of L&D, Worst IT infrastructure, they can’t even pay for outlook, they use free version of Notes even for mails.

Salary - Bad

+6 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

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Top trending discussions

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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HDFC Life Territory Manager Salary FAQs

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

Territory Manager salary at HDFC Life in Bangalore / Bengaluru ranges between ₹10.9 Lakhs to ₹21.0 Lakhs for experience between 8 years to 20 years. According to our estimates it is 87% more than the average Territory Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of HDFC Life Bangalore / Bengaluru.

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

The average salary of a Territory Manager at HDFC Life is 87% more than the average salary of a Territory Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.

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

Group Sales, Corporate Banking, Enterprise Sales, private banking and Target Achievement are some of the popular skills required to work as a Territory Manager at HDFC Life Bangalore / Bengaluru.

What is the salary of a Territory Manager in companies similar to HDFC Life in Bangalore / Bengaluru?

Max Life Insurance Territory Manager Salary - ₹10.0 Lakhs to ₹13.7 Lakhs per year
Star Health & Allied Insurance Territory Manager Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
ICICI Lombard General Insurance Company Territory Manager Salary - ₹6.5 Lakhs to ₹10.0 Lakhs per year
Reliance Nippon Life Insurance Territory Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
Tata AIA Life Insurance Territory Manager Salary - ₹6.5 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Territory Manager at HDFC Life in Bangalore / Bengaluru?

The estimated take-home salary of a Territory Manager at HDFC Life ranges between ₹1,01,408 per month to ₹1,04,175 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average HDFC Life Territory Manager salary in India which ranges between ₹10.9 Lakhs to ₹21.0 Lakhs per year for employees with experience between 8 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Territory Manager at HDFC Life in Bangalore / Bengaluru?

According to AmbitionBox, 40% of the HDFC Life Territory Managers in Bangalore / Bengaluru reported a notice period of 15 days or less, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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HDFC Life Territory Manager Salaries in Bangalore / Bengaluru

HDFC Life Territory Manager salary in Bangalore / Bengaluru ranges between ₹10.9 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 HDFC Life latest salaries received from various employees of HDFC Life.