Axis Max Life Insurance Indore Deputy Manager Salaries by 30+ Employees (Updated 2025)

0 - 11 years exp.

₹2.7 Lakhs - ₹7.3 Lakhs

Salary of majority employees

37% less than the average Deputy Manager Salary in Insurance Companies for 0 - 11 years of experience

Interested in this particular role? 20 job openings

Salaries in different departments

Sales & Business Development Deputy Manager Salary 3 - 11 years exp. (14 salaries)	₹3.5 L/yr - ₹6.1 L/yr
BFSI, Investments & Trading Deputy Manager Salary 4 - 8 years exp. (10 salaries)	₹2.7 L/yr - ₹7.3 L/yr
Login to view exact salary
Marketing & Communication Deputy Manager Salary 0 - 9 years exp. (5 salaries)	₹3.8 L/yr - ₹6 L/yr
Finance & Accounting Deputy Manager Salary 3 - 10 years exp. (3 salaries)	₹3.8 L/yr - ₹5.8 L/yr

Last Updated: 16 Feb 2025

Companies similar to Axis Max Life Insurance for Deputy Manager in Indore

Axis Max Life Insurance Deputy Manager Salary

0 - 11 years exp. (34 salaries)

₹2.7 L/yr - ₹7.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Deputy Manager Salary 0 - 13 years exp. (29 salaries)	₹4 L/yr - ₹8.5 L/yr 11% more
Magma HDI General Insurance Deputy Manager Salary 7 - 13 years exp. (3 salaries)	₹5.8 L/yr - ₹9.2 L/yr 54% more
Login to view exact salary
VE Commercial Vehicles Deputy Manager Salary 0 - 16 years exp. (617 salaries)	₹5.5 L/yr - ₹19 L/yr 124% more	1 job opening
ICICI Bank Deputy Manager Salary 0 - 13 years exp. (535 salaries)	₹3 L/yr - ₹10.6 L/yr 18% more
Cipla Deputy Manager Salary 4 - 19 years exp. (182 salaries)	₹6 L/yr - ₹16 L/yr 137% more	1 job opening

Deputy Manager salary at Axis Max Life Insurance ranges between ₹2.7 Lakhs to ₹7.3 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 34 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Deputy Manager salaries in Indore

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4 L/yr - ₹7.5 L/yr
1 year (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.8 L/yr
4 years (5 salaries)	₹2.7 L/yr - ₹6.1 L/yr
5 years (6 salaries)	₹3.8 L/yr - ₹5.6 L/yr
6 years (5 salaries)	₹3.9 L/yr - ₹5.5 L/yr
7 years (5 salaries)	₹3.8 L/yr - ₹7.3 L/yr
8 years (4 salaries)	₹3.7 L/yr - ₹6.1 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹9.5 L/yr
10 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹9.8 L/yr
11 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹10 L/yr

View all

From

Deputy Manager

₹

Lakhs/yr

0 - 15 years exp.

Assistant Vice President

₹

Lakhs/yr

13 - 24 years exp.

Deputy Manager

0 - 15 years exp.

Manager

4 - 15 years exp.

51% hike

Senior Manager

3 - 17 years exp.

128% hike

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 Axis Max Life Insurance

Area Manager Salary

(8 salaries)

₹5.5 L/yr - ₹15.15 L/yr

Branch Manager Salary

(3 salaries)

₹10.05 L/yr - ₹11.81 L/yr

Top skills at Axis Max Life Insurance for Deputy Manager

Sales Financial Services Sales Process Management Excel Relationship Management Relationship Building Financial Planning Customer Service Finance Mutual Funds Loans Customer Experience Banking Service Delivery

Salary related reviews for Axis Max Life Insurance

5.0

Rated by 3 employees for salary & benefits

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

Business Development Manager in Meerut

Sales & Business Development Department

1.0

• posted on 05 Feb 2022

1.0

for Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

Dislikes

Salary - Bad
Job security - Bad

+4 more

Operations Executive in Howrah

Operations Department

5.0

• posted on 02 Jun 2021

4.0

for Salary and Benefits

Likes

Very good company for both personal and professional growth.Employee centric.Friendly environment.Colleagues and seniors are very much co-operative which is very helpful for a new joinee.I shared a great relation with them.A very much customer oriented company when it comes to service.

Salary - Good

+6 more

Dislikes

Salary structure needs to improve for an off-role employee else everything is fine.

Business Development Manager in Tirunelveli

Marketing & Communication Department

5.0

• posted on 12 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.

Salary - Excellent

+6 more

Dislikes

Operations Executive in Ranchi

BFSI, Investments & Trading Department

5.0

• posted on 28 May 2019

5.0

for Salary and Benefits

Likes

Working with the max life insurance is such a great experience . My team leaders are very supportive , salary package is not to too but its okay, i have learned too many things there but work life balance is not too good

Salary - Excellent

+6 more

Dislikes

The thing that i dislike in working in max life insurance that is we all employee work every sunday but not even a single employee get compensation for the working on sunday.

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

a senior marketing manager

Aiming for a Big Career Jump targeting Senior Profiles in Marketing/Ecommerce?

Want to take on to VP Marketing level job opportunities with base in Delhi NCR. What my path should look like? Profile: Based out of Delhi NCR, 11 yoe in content marketing (across corporate+startups), Sr. Manager Digital Marketing

Got a question about Axis Max Life Insurance?

Ask anonymously on communities.

Axis Max Life Insurance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Axis Max Life Insurance in Indore?

The average salary of a Deputy Manager at Axis Max Life Insurance in Indore typically ranges from ₹2.7 Lakhs to ₹7.3 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Deputy Manager in Indore at Axis Max Life Insurance earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹7.3 Lakhs per year. Deputy Manager Salaries at Axis Max Life Insurance 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 30+ Axis Max Life Insurance employees in India.

What is the estimated take home salary of a Deputy Manager at Axis Max Life Insurance in Indore?

The estimated take-home salary of a Deputy Manager at Axis Max Life Insurance in Indore typically ranges from ₹38,407 to ₹39,596 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹7.3 Lakhs per year for employees with experience ranging from Fresher to 11 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 30+ salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Deputy Manager at Axis Max Life Insurance in Indore?

To be a Deputy Manager at Axis Max Life Insurance in Indore, the key skills required include:

- Sales
- Financial Services
- Sales Process
- Management
- Excel

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

Which companies offer higher salaries than Axis Max Life Insurance for Deputy Manager in India?

Cipla	₹6.0 Lakhs to ₹16.0 Lakhs per year
VE Commercial Vehicles	₹5.5 Lakhs to ₹19.0 Lakhs per year
Magma HDI General Insurance	₹5.8 Lakhs to ₹9.2 Lakhs per year
ICICI Bank	₹3.0 Lakhs to ₹10.6 Lakhs per year
HDFC Ergo General Insurance	₹4.0 Lakhs to ₹8.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Max Life Insurance, depending on the role and experience level.

How the salary growth look like for a Deputy Manager at Axis Max Life Insurance in Indore?

The salary growth for a Deputy Manager at Axis Max Life Insurance in Indore depends on factors such as experience, performance, and promotions. On average, a Deputy Manager in Indore can expect the following growth trajectory at Axis Max Life Insurance:

Experience	Average Salary Range
Fresher	₹4.0 Lakhs to ₹7.5 Lakhs per year
1 year	₹3.9 Lakhs to ₹4.9 Lakhs per year
2 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
3 years	₹4.0 Lakhs to ₹5.8 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Axis Max Life Insurance Salaries >
Axis Max Life Insurance Deputy Manager Salaries >
Axis Max Life Insurance Deputy Manager Salaries in Indore

Axis Max Life Insurance Deputy Manager salary in Indore ranges between ₹2.7 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 34 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Deputy Manager salaries in Indore (Updated 2025)

Companies similar to Axis Max Life Insurance for Deputy Manager in Indore

Latest annual salaries shared by Axis Max Life Insurance Deputy Manager in Indore

Experience wise Axis Max Life Insurance Deputy Manager salaries in Indore

Similar Designation salaries in Axis Max Life Insurance

Top skills at Axis Max Life Insurance for Deputy Manager

Salary related reviews for Axis Max Life Insurance

Deputy Manager in Kolkata

Business Development Manager in Meerut

Operations Executive in Howrah

Business Development Manager in Tirunelveli

Operations Executive in Ranchi

Axis Max Life Insurance Deputy Manager Salary FAQs

Tell us how to improve this page.