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HDFC Life

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4.0

based on 9.2k Reviews

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Assistant Manager
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HDFC Life Assistant Manager Salaries in India (Updated 2025)

based on 258 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs

Assistant Manager

1 - 9 years exp. (255 salaries)
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₹2.4 L/yr - ₹7 L/yr

Credit Manager

0 - 9 years exp. (4 salaries)
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₹4.2 L/yr - ₹9.5 L/yr

Credit Analyst

3 - 6 years exp. (4 salaries)
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₹9.1 L/yr - ₹18.9 L/yr

Vice President (VP)

12 - 16 years exp. (4 salaries)
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₹19.5 L/yr - ₹51 L/yr

Junior Executive

0 - 3 years exp. (4 salaries)
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₹3.2 L/yr - ₹5.3 L/yr

Branch Incharge

9 - 15 years exp. (4 salaries)
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₹6.7 L/yr - ₹12.5 L/yr

Senior Manager Claims

17 - 20 years exp. (4 salaries)
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₹15 L/yr - ₹16.7 L/yr

Customer Support Executive

3 - 6 years exp. (4 salaries)
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₹2 L/yr - ₹3.1 L/yr

Program Manager

1 - 22 years exp. (4 salaries)
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₹12 L/yr - ₹25 L/yr

Senior Area Manager

9 - 12 years exp. (4 salaries)
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₹3.5 L/yr - ₹8.5 L/yr

Procurement Manager

16 - 22 years exp. (4 salaries)
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₹11.5 L/yr - ₹12.9 L/yr

Senior Manager Finance & Accounts

15 - 24 years exp. (4 salaries)
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₹14.3 L/yr - ₹17.5 L/yr

Vice President Operations

14 - 31 years exp. (4 salaries)
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₹6 L/yr - ₹66 L/yr

Sales Team Manager

3 - 8 years exp. (4 salaries)
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₹3 L/yr - ₹11.6 L/yr

Vice President Marketing

12 - 19 years exp. (4 salaries)
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₹40 L/yr - ₹96 L/yr

AM Human Resource

3 - 6 years exp. (4 salaries)
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₹3.2 L/yr - ₹7 L/yr

Associate Development Manager

0 - 14 years exp. (4 salaries)
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₹4 L/yr - ₹5.7 L/yr

Senior Consultant

3 - 6 years exp. (4 salaries)
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₹4.2 L/yr - ₹15.2 L/yr

DSA

1 year exp. (4 salaries)
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₹1.3 L/yr - ₹2.2 L/yr

Credit Executive

1 - 5 years exp. (4 salaries)
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₹2.1 L/yr - ₹4 L/yr

Sr.ASM

3 - 5 years exp. (4 salaries)
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₹3.1 L/yr - ₹5 L/yr

Last Updated: 2 Jan, 2025

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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.
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Salary related reviews for HDFC Life

3.4

Rated by 69 employees for salary & benefits

Assistant Manager in Mumbai

Full Time

 · 

Other Department

4.0
  •  posted on 14 Mar 2023
3.0
 for  Salary and Benefits

Likes

WFH, on time salary credit, fluid processes, good work environment, top performer in insurance industry, capable senior management, employee centric initiatives, parents, spouse and children covered in insurance

read more
  • Job security - Good
    • +1 more

Dislikes

heavy workload, minimal scope for promotion, average performance appraisals

  • Promotions - Poor

Assistant Manager in Bangalore / Bengaluru

Sales Support Department

5.0
  •  posted on 02 Apr 2021
5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
    • +6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues.

Senior Associate in Machilipatnam

Full Time

 · 

Other Department

4.0
  •  posted on 04 Oct 2024
3.0
 for  Salary and Benefits

Likes

Skill development and learning is the main element in the hdfc life. Company culture and environment is very place to work.

read more
  • Skill development - Excellent
    • +2 more

Dislikes

...ys. Promotions and appraisals is a joke here less than 6% is the increment here. Salary are very low when compared to other similar industry.

read more
  • Promotions - Poor

Senior Associate in Mumbai

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 19 Jul 2024
1.0
 for  Salary and Benefits

Likes

Hdfc life office is hygienic.

Dislikes

Manager is your god. And manager scold in con call tell fukat ka salary leta hai kya. If you achieve Target then also you will not get increment. Boss gives more priority to girls.

read more
  • Salary - Bad
    • +6 more

Operations Manager in Mumbai

Full Time

 · 

Risk Management & Compliance Department

3.0
  •  posted on 26 Nov 2023
1.0
 for  Salary and Benefits

Likes

The way they make fool our of you. JD and actual work are really different. Popular statement "I am a really considerate manager".

read more
  • Job security - Excellent

Dislikes

Usual work day is for about 12 hrs On document Saturday is a non working day but you will be forced to work with out pay. Overtime is a myth Promotion depends upon L1's will. Variable pay is only for MT's and chief manager & above Huge gap in pay at same band.

read more
  • Salary - Bad
    • +4 more
see more salary related reviews

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More about working at HDFC Life

HDFC Life Salary FAQs

How much does HDFC Life pay to its employees?
The average annual salary at HDFC Life varies depending on the role, experience, and location. The salary ranges for some popular designations at HDFC Life, are as follows:

Assistant Manager ₹2.4 Lakhs to ₹7 Lakhs per year
Credit Manager ₹4.2 Lakhs to ₹9.5 Lakhs per year
Credit Analyst ₹9.1 Lakhs to ₹18.9 Lakhs per year
Vice President (VP) ₹19.5 Lakhs to ₹51 Lakhs per year

The highest-paying role, Equity Research Analyst, earns between ₹39.7 Lakhs to ₹70 Lakhs per year. The top 10% of employees earn more than ₹12 Lakhs per year, and the top 1% earn over ₹35 Lakhs per year. 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 salary estimates are based on data from 258 salaries submitted by HDFC Life employees. HDFC Life is rated 3.4 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at HDFC Life in India?
The salary of a fresher at HDFC Life in India typically ranges from ₹1 Lakh to ₹13 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Executive Trainee Salary ₹3 Lakhs to ₹5.1 Lakhs per year
Fresher as a Corporate Agency Manager Salary ₹1.8 Lakhs to ₹4.8 Lakhs per year
Fresher as a Sales Development Manager Salary ₹1.8 Lakhs to ₹4 Lakhs per year
Fresher as a Business Development Manager Salary ₹2 Lakhs to ₹4 Lakhs per year

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Average annual salary for Assistant Manager in HDFC Life is INRunlock blur . Salary estimates are based on 258 HDFC Life latest salaries received from various employees of HDFC Life.

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