HDFC Life Senior Branch Manager Salaries by 80+ Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Senior Branch Manager 10 - 20 years exp. (84 salaries)	₹7.8 L/yr - ₹14.7 L/yr
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SDM Corporate Agency 0 - 3 years exp. (43 salaries)	₹1.8 L/yr - ₹3.3 L/yr
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Senior Branch Service Manager 1 - 5 years exp. (42 salaries)	₹2.3 L/yr - ₹4.5 L/yr
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MIS Executive 0 - 6 years exp. (40 salaries)	₹1.3 L/yr - ₹5.5 L/yr
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Unit Head 5 - 17 years exp. (39 salaries)	₹4.3 L/yr - ₹10.5 L/yr
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Deputy Agency Development Manager 0 - 8 years exp. (39 salaries)	₹2.5 L/yr - ₹4.8 L/yr
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Front Line Sales Officer 1 - 11 years exp. (38 salaries)	₹1.8 L/yr - ₹4.8 L/yr
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Manager Learning & Development 4 - 15 years exp. (38 salaries)	₹4.7 L/yr - ₹14 L/yr
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Senior Area Business Manager 4 - 17 years exp. (38 salaries)	₹5 L/yr - ₹8.7 L/yr
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Senior Product Manager 4 - 10 years exp. (38 salaries)	₹13 L/yr - ₹33 L/yr
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Executive Bancassurance Manager 4 - 11 years exp. (38 salaries)	₹6 L/yr - ₹10.3 L/yr
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Associate Regional Manager 12 - 20 years exp. (36 salaries)	₹15 L/yr - ₹26.2 L/yr
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Marketing Manager 2 - 9 years exp. (36 salaries)	₹3.2 L/yr - ₹7.7 L/yr
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Senior Branch Operations Associate 1 - 7 years exp. (36 salaries)	₹2.6 L/yr - ₹4.1 L/yr
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Senior Territory Manager 6 - 15 years exp. (35 salaries)	₹4.2 L/yr - ₹16 L/yr
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Software Engineer 1 - 6 years exp. (35 salaries)	₹6.5 L/yr - ₹16.4 L/yr
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Sales Development Manager Corporate Agency 0 - 6 years exp. (34 salaries)	₹1.5 L/yr - ₹3.5 L/yr
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Bancassurance Sales Manager 2 - 8 years exp. (34 salaries)	₹2 L/yr - ₹7.8 L/yr
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Insurance Sales Officer 0 - 5 years exp. (32 salaries)	₹1.9 L/yr - ₹4.9 L/yr	1 job opening
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Service Delivery Manager 0 - 8 years exp. (31 salaries)	₹1.8 L/yr - ₹3.5 L/yr
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Senior Key Account Manager 3 - 17 years exp. (30 salaries)	₹9.7 L/yr - ₹23 L/yr	1 job opening
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fathersahaab

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Salary related reviews for HDFC Life

3.6

Rated by 29 employees for salary & benefits

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

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".

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.

Salary - Bad

+4 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

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HDFC Life Salary FAQs

How much does HDFC Life pay per year?

The average HDFC Life salary ranges from approximately ₹0.9 Lakh to ₹1.2 Lakh per year for a Call Center Executive and ₹39.7 Lakhs to ₹70 Lakhs per year for a Equity Research Analyst. Salary estimates are based on 89 HDFC Life salaries received from various employees of HDFC Life. HDFC Life employees rate the overall salary and benefits package 3.6/5 stars.

What is the highest salary in HDFC Life?

The highest-paying job at HDFC Life is a Equity Research Analyst with a salary of ₹39.7 Lakhs to ₹70 Lakhs per year. The top 10% of employees earn more than ₹12 lakhs per year. The top 1% earn more than a whopping ₹34.24 lakhs per year.

What is the minimum salary in HDFC Life?

Minimum salary at HDFC Life depends on the role you are applying for. For Sales Development Manager the minimum salary is ₹1.5 Lakh to ₹4.5 Lakhs per year, and for Senior Associate the minimum salary is ₹1.1 Lakh to ₹4.6 Lakhs per year and so on.

What is the salary package for freshers in HDFC Life?

The average salary at HDFC Life for freshers varies from ₹1 Lakh to ₹1.6 Lakh per year for Junior Analyst and ₹9.8 Lakhs to ₹13 Lakhs per year for Product Management Trainee.

What is the notice period for Senior Branch Manager at HDFC Life?

According to AmbitionBox, 33% of the HDFC Life Senior Branch Managers reported a notice period of 3 Months, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 39 responses on AmbitionBox in last 2 years.

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Average annual salary for Senior Branch Manager in HDFC Life is INR . Salary estimates are based on 89 HDFC Life latest salaries received from various employees of HDFC Life.