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

10 - 20 years exp.

₹10.6 Lakhs - ₹21 Lakhs

Salary of majority employees

95% more than the average Territory Manager Salary in Insurance Companies for 10 - 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 10 - 16 years exp. (5 salaries)	₹7.1 L/yr - ₹18.5 L/yr

Last Updated: 25 Feb 2025

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

HDFC Life Territory Manager Salary

10 - 20 years exp. (12 salaries)

₹10.6 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Territory Manager Salary 1 - 15 years exp. (9 salaries)	₹6.5 L/yr - ₹10 L/yr 40% less
Reliance Nippon Life Insurance Territory Manager Salary 6 - 15 years exp. (7 salaries)	₹4 L/yr - ₹10 L/yr 51% less
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Bajaj Allianz Life Insurance Territory Manager Salary 4 - 15 years exp. (7 salaries)	₹5 L/yr - ₹8 L/yr 59% less	2 job openings
Tata AIA Life Insurance Territory Manager Salary 5 - 9 years exp. (5 salaries)	₹6.5 L/yr - ₹8 L/yr 51% less	2 job openings
Axis Max Life Insurance Territory Manager Salary 11 - 16 years exp. (4 salaries)	₹10 L/yr - ₹13.7 L/yr 17% less
SBI Life Insurance Company Territory Manager Salary 6 - 7 years exp. (3 salaries)	₹5.2 L/yr - ₹6 L/yr 65% less
Star Health & Allied Insurance Territory Manager Salary 13 - 18 years exp. (3 salaries)	₹8 L/yr - ₹15 L/yr 19% less

Territory Manager salary at HDFC Life ranges between ₹10.6 Lakhs to ₹21 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 12 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Territory Manager salaries in Bangalore / Bengaluru

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.5 L/yr
11 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
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12 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.9 L/yr
13 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr
14 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.3 L/yr
15+ years (6 salaries)	₹13 L/yr - ₹18 L/yr

View all

From

Territory Manager

9 - 20 years exp.

Senior Manager

2 - 20 years exp.

From

View 1 more level

Territory Manager

9 - 20 years exp.

Associate Head Regional

13 - 22 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

(108 salaries)

₹4.5 L/yr - ₹12.75 L/yr

Sales Manager Salary

(71 salaries)

₹2 L/yr - ₹7.3 L/yr

Relationship Manager Salary

(48 salaries)

₹2 L/yr - ₹4 L/yr

Senior Sales Manager Salary

(12 salaries)

₹3.8 L/yr - ₹6.5 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

Sales Manager in Cuttack

Full Time

CSR & Social Service Department

4.0

• posted on 23 Mar 2025

2.0

for Salary and Benefits

Likes

The company has lots of data, They r learning you in first stage and after that they r find a way to indicate you wrongly.

Job security - Good

Dislikes

Less salary, no support from trainer, biggest layers, no leaves, no support from L1 and above, no motivation only needed business, so if u r afresher think twice before joining.

Salary - Poor

Business Development Manager in Bijnor

Full Time

Marketing & Communication Department

5.0

• posted on 10 Feb 2025

1.0

for Salary and Benefits

Likes

Hello team m Rishabh Rastogi from HDFC LIFE Bijnor Branch, there is a lot of pressure here for work and HDFC Life is a very good brand but there are no facilities for the employees in the office.

Work-life balance - Excellent

Dislikes

Here the calculation is less Here the salary is very high as compared to low and the facilities are also very less, the promotions target is very high and there are many parameters.

Salary - Bad

+4 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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Life Territory Manager Salary FAQs

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

The average salary of a Territory Manager at HDFC Life in Bangalore / Bengaluru typically ranges from ₹10.6 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 10 years to 20 years).

The top 10% of Territory Manager in Bangalore / Bengaluru at HDFC Life earn more than ₹18.9 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Territory 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 10+ HDFC Life employees in India.

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 in Bangalore / Bengaluru typically ranges from ₹1,05,577 to ₹1,08,479 per month. This is based on the average salary range of ₹10.6 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 10 years to 20 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 10+ 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 Manager at HDFC Life in Bangalore / Bengaluru?

To be a Territory Manager at HDFC Life in Bangalore / Bengaluru, the key skills required include:

- Group Sales
- Corporate Banking
- Enterprise Sales
- private banking
- Target Achievement

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

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

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

Axis Max Life Insurance	₹10.0 Lakhs to ₹13.7 Lakhs per year
Star Health & Allied Insurance	₹8.0 Lakhs to ₹15.0 Lakhs per year
ICICI Lombard General Insurance Company	₹6.5 Lakhs to ₹10.0 Lakhs per year
Tata AIA Life Insurance	₹6.5 Lakhs to ₹8.0 Lakhs per year
Reliance Nippon Life Insurance	₹4.0 Lakhs to ₹10.0 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 Manager at HDFC Life in Bangalore / Bengaluru?

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

Experience	Average Salary Range
10 years	₹11.3 Lakhs to ₹14.5 Lakhs per year
11 years	₹11.9 Lakhs to ₹15.2 Lakhs per year
12 years	₹12.4 Lakhs to ₹15.9 Lakhs per year
13 years	₹13.0 Lakhs to ₹16.6 Lakhs per year

and so on.

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HDFC Life Territory Manager Salaries in Bangalore / Bengaluru

HDFC Life Territory Manager salary in Bangalore / Bengaluru ranges between ₹10.6 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 HDFC Life latest salaries received from various employees of HDFC Life.