Max Life Insurance Deputy Manager Scale 1 Salaries by 4 Employees (Updated 2025)

3 - 8 years exp.

₹3.6 Lakhs - ₹5.6 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Deputy Manager Scale 1 Salary in Insurance Companies for 3 - 8 years of experience

Interested in this particular role?

Salaries in different departments

Procurement & Supply Chain Deputy Manager Scale 1 Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr
Login to view exact salary
Customer Success, Service & Operations Deputy Manager Scale 1 Salary 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 28 Feb 2024

Companies similar to Axis Max Life Insurance for Deputy Manager Scale 1

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Sun Life Insurance Deputy Manager Scale 1 Salary 3 - 5 years exp. (3 salaries)	₹3.8 L/yr - ₹4 L/yr 15% less
HDFC Ergo General Insurance Deputy Manager Scale 1 Salary 7 - 11 years exp. (5 salaries)	₹3.9 L/yr - ₹6.6 L/yr 12% more
Login to view exact salary
ICICI Bank Deputy Manager Scale 1 Salary 0 - 6 years exp. (45 salaries)	₹3.4 L/yr - ₹5.5 L/yr 2% more
Axis Bank Deputy Manager Scale 1 Salary 2 - 7 years exp. (25 salaries)	₹3.3 L/yr - ₹5 L/yr 7% less
HDFC Bank Deputy Manager Scale 1 Salary 3 - 9 years exp. (8 salaries)	₹4.5 L/yr - ₹6 L/yr 17% more

Deputy Manager Scale 1 salary at Axis Max Life Insurance ranges between ₹3.6 Lakhs to ₹5.6 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Deputy Manager Scale 1 salaries

Last Updated: 28 Feb 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr

Similar Designation salaries in Axis Max Life Insurance

Deputy Manager Grade 2 Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Deputy Manager Salary

(772 salaries)

₹2.4 L/yr - ₹9 L/yr

Deputy Branch Manager Salary

(5 salaries)

₹1 L/yr - ₹10 L/yr

Manager M1 Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Branch Manager Salary

(141 salaries)

₹7 L/yr - ₹14 L/yr

Chief Manager Salary

(133 salaries)

₹11.87 L/yr - ₹36.2 L/yr

Sales Manager Salary

(609 salaries)

₹2.3 L/yr - ₹6.22 L/yr

Operations Manager Salary

(50 salaries)

₹2.15 L/yr - ₹11 L/yr

Senior Analyst Salary

(9 salaries)

₹5.8 L/yr - ₹18.01 L/yr

Business Analyst Salary

(39 salaries)

₹3 L/yr - ₹11.62 L/yr

Salary related reviews for Axis Max Life Insurance

Deputy Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 05 Jan 2024

1.0

for Salary and Benefits

Likes

To be very honest . Leaders are not at all good. They don’t treat people with respect. Just Bogus Company I ever worked with.

Dislikes

Everything. Full of Politics. Managers and leaders are not at all good.. Doesn’t provide Exact salary. And the KRA’s don’t match what they said during Interview.

Salary - Bad

+6 more

Senior Officer in Amritsar

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Jul 2023

5.0

for Salary and Benefits

Likes

Max is best company in insurance sector Max always appreciate his employee & also pays a good salary, incentive, sizzler to his employee I will again join the max

Salary - Excellent

+4 more

Dislikes

My few colleagues always trying to misguide each other and some have jealousy for someone's being best

Sales Manager in New Delhi

Full Time

Sales Department

2.0

• posted on 26 Nov 2022

2.0

for Salary and Benefits

Likes

...hing About Likes and dislike as company is not my Girlfriend or spouse to love There is only one rule once you perform for any company company will pay. Once you are not favourite for your manager you have to leave the company. No employee want to change the job real truth is employee change their manager.

Salary - Poor

+6 more

Branch Manager

Sales BD Department

5.0

• posted on 21 Dec 2018

5.0

for Salary and Benefits

Likes

It was very nice expierence to work with Max,very good teammates, nice growth appraisal excellent good salary Yes there is politics ay higher level high mode learning as per industry standards. It was turning point of my life.

Salary - Excellent

+6 more

Dislikes

Nothing Nothing Nothing

Sales Manager in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• posted on 21 Sep 2019

4.0

for Salary and Benefits

Likes

Its a good company to work with and a good pay master but unfortunately hardly give time for family.

Salary - Good

+4 more

Dislikes

They dont give time for family. Although they keep saying good things to devote time with family but they dont let you spend time. Worked even 7 days a week till 2:30 A.M

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Axis Max Life Insurance

View All

thickraspberry

works at

B P Oil Mills

Facing Toxic Culture and Management Issues.

I joined Axis Max Life Insurance, on 24 Dec 2024, After 11 Jan 2025 I started receiving hate and toxic culture from the female L1 Manager BRM. On Axis Max Life Insurance. Because I refused to do their personal work and work on the week off. Because I'm not the licking Employee. Now the female manager starts harassing me. The branch didn't even have the security CCTV Cameras so I don't have a Recording. But I have witnesses. She is too toxic And I feel mentally drained and harassing. What should I do because she is female I can't take unnecessary action. Please share the thoughts and advice and need help asap.

Got a question about Axis Max Life Insurance?

Ask anonymously on communities.

Axis Max Life Insurance Deputy Manager Scale 1 Salary FAQs

What is the salary of Deputy Manager Scale 1 at Max Life Insurance?

Deputy Manager Scale 1 salary at Max Life Insurance in India ranges between ₹3.6 Lakhs to ₹5.6 Lakhs for experience between 3 years to 8 years. According to our estimates it is 11% less than the average Deputy Manager Scale 1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance India.

How does the salary of a Deputy Manager Scale 1 at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Deputy Manager Scale 1 at Max Life Insurance is 11% less than the average salary of a Deputy Manager Scale 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Max Life Insurance to a Deputy Manager Scale 1 in India?

HDFC Bank Deputy Manager Scale 1 Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
HDFC Ergo General Insurance Deputy Manager Scale 1 Salary - ₹3.9 Lakhs to ₹6.6 Lakhs per year
ICICI Bank Deputy Manager Scale 1 Salary - ₹3.4 Lakhs to ₹5.5 Lakhs per year

What is the salary of a Deputy Manager Scale 1 in companies similar to Max Life Insurance in India?

Axis Bank Deputy Manager Scale 1 Salary - ₹3.3 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Sun Life Insurance Deputy Manager Scale 1 Salary - ₹3.8 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Deputy Manager Scale 1 at Max Life Insurance in India?

The estimated take-home salary of a Deputy Manager Scale 1 at Max Life Insurance ranges between ₹34,150 per month to ₹35,402 per month in India. The take-home salary calculation is based on the average Max Life Insurance Deputy Manager Scale 1 salary in India which ranges between ₹3.6 Lakhs to ₹5.6 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager Scale 1 at Max Life Insurance?

According to AmbitionBox, 100% of the Max Life Insurance Deputy Manager Scale 1s reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Max Life Insurance Salaries >
Max Life Insurance Deputy Manager Scale 1 Salaries

Axis Max Life Insurance Deputy Manager Scale 1 salary in India ranges between ₹3.6 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.