HDFC Life Mumbai Territory Sales Manager Salaries by 5 Employees (Updated 2025)

2 - 14 years exp.

₹4.5 Lakhs - ₹14 Lakhs

Salary of majority employees

8% more than the average Territory Sales Manager Salary in Insurance Companies for 2 - 14 years of experience

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Salaries in different departments

Sales & Business Development Territory Sales Manager Salary 2 - 14 years exp. (3 salaries)	₹4.5 L/yr - ₹10.2 L/yr
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BFSI, Investments & Trading Territory Sales Manager Salary 11 years exp. (AmbitionBox Estimate)	₹8.4 L/yr - ₹11.5 L/yr

Last Updated: 7 Mar 2024

Companies similar to HDFC Life for Territory Sales Manager in Mumbai

HDFC Life Territory Sales Manager Salary

2 - 14 years exp. (5 salaries)

₹4.5 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Territory Sales Manager Salary 5 - 12 years exp. (30 salaries)	₹6 L/yr - ₹11 L/yr 11% less	31 job openings
PNB MetLife Territory Sales Manager Salary 5 - 13 years exp. (7 salaries)	₹5.1 L/yr - ₹7 L/yr 39% less
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Maruti Suzuki Insurance Broking Territory Sales Manager Salary 4 - 9 years exp. (3 salaries)	₹5.7 L/yr - ₹16 L/yr 20% more
IDFC FIRST Bank Territory Sales Manager Salary 1 - 11 years exp. (128 salaries)	₹4.4 L/yr - ₹12 L/yr 9% less	2 job openings
NoBroker Territory Sales Manager Salary 0 - 8 years exp. (120 salaries)	₹4.7 L/yr - ₹9.6 L/yr 22% less	3 job openings

Territory Sales Manager salary at HDFC Life ranges between ₹4.5 Lakhs to ₹14 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Territory Sales Manager salaries in Mumbai

Last Updated: 7 Mar 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹11.8 L/yr
3 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
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4 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
5 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
6 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
7 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
8 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr
9 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
10 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹15.7 L/yr
11 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹11.5 L/yr
12 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
13 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹14 L/yr
14 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹17.6 L/yr

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Similar Designation salaries in HDFC Life

Deputy Manager Salary

(473 salaries)

₹3.5 L/yr - ₹14 L/yr

Sales Manager Salary

(90 salaries)

₹2.2 L/yr - ₹7.5 L/yr

Assistant Sales Manager Salary

(50 salaries)

₹3.2 L/yr - ₹5.5 L/yr

Territory Manager Salary

(23 salaries)

₹5.2 L/yr - ₹17.2 L/yr

Senior Sales Manager Salary

(11 salaries)

₹4.7 L/yr - ₹7.5 L/yr

Top skills at HDFC Life for Territory Sales Manager

Sales Planning Bancassurance Business Development Team Management Client Relationship Management Channel Partners Sales

Salary related reviews for HDFC Life

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

Deputy Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Aug 2023

2.0

for Salary and Benefits

Dislikes

... Saturday and Sunday off as they have mentioned holiday at the time of joining. Also I feel there is discrimination in salary increament policy and working time among employees.

Salary - Poor

+3 more

see more salary related reviews

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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 Sales Manager Salary FAQs

What is the salary of Territory Sales Manager at HDFC Life Mumbai?

Territory Sales Manager salary at HDFC Life in Mumbai ranges between ₹4.5 Lakhs to ₹14.0 Lakhs for experience between 2 years to 14 years. According to our estimates it is 8% more than the average Territory Sales Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life Mumbai.

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

The average salary of a Territory Sales Manager at HDFC Life is 8% more than the average salary of a Territory Sales Manager in Mumbai. To know exact salary insights, login to view.

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

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

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

Maruti Suzuki Insurance Broking Territory Sales Manager Salary - ₹5.7 Lakhs to ₹16.0 Lakhs per year

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

IDFC FIRST Bank Territory Sales Manager Salary - ₹4.4 Lakhs to ₹12.0 Lakhs per year
Tata AIA Life Insurance Territory Sales Manager Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
NoBroker Territory Sales Manager Salary - ₹4.7 Lakhs to ₹9.6 Lakhs per year
PNB MetLife Territory Sales Manager Salary - ₹5.1 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Territory Sales Manager at HDFC Life ranges between ₹66,307 per month to ₹68,002 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Territory Sales Manager salary in India which ranges between ₹4.5 Lakhs to ₹14.0 Lakhs per year for employees with experience between 2 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the HDFC Life Territory Sales Managers in Mumbai reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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HDFC Life Territory Sales Manager Salaries in Mumbai

HDFC Life Territory Sales Manager salary in Mumbai ranges between ₹4.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Life latest salaries received from various employees of HDFC Life.