Bajaj Allianz General Insurance Deputy Manager Band 1 Salaries by 4 Employees (Updated 2025)

2 - 12 years exp.

₹4.5 Lakhs - ₹12 Lakhs

Salary of majority employees

68% more than the average Deputy Manager Band 1 Salary in Insurance Companies for 2 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Band 1 Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹11.5 L/yr
Finance & Accounting Deputy Manager Band 1 Salary 8 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr
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Sales & Business Development Deputy Manager Band 1 Salary 12 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.9 L/yr

Last Updated: 16 Mar 2023

Companies similar to Bajaj Allianz General Insurance for Deputy Manager Band 1

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Deputy Manager Band 1 Salary 3 - 13 years exp. (12 salaries)	₹4.8 L/yr - ₹7.5 L/yr 31% less
Tata AIG Deputy Manager Band 1 Salary 2 - 8 years exp. (50 salaries)	₹2.5 L/yr - ₹4.7 L/yr 60% less
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SBI General Insurance Deputy Manager Band 1 Salary 7 - 10 years exp. (4 salaries)	₹5 L/yr - ₹5.5 L/yr 43% less
Axis Max Life Insurance Deputy Manager Band 1 Salary 5 - 8 years exp. (5 salaries)	₹4.3 L/yr - ₹5.1 L/yr 48% less
HDFC Life Deputy Manager Band 1 Salary 6 - 11 years exp. (5 salaries)	₹5.8 L/yr - ₹8.3 L/yr 23% less

Deputy Manager Band 1 salary at Bajaj Allianz General Insurance ranges between ₹4.5 Lakhs to ₹12 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Deputy Manager Band 1 salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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8 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
12 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr

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Salary related reviews for Bajaj Allianz General Insurance

5.0

Rated by 1 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 21 Jan 2023

2.0

for Salary and Benefits

Likes

Technology, system driven, best for customers and intermediaries to work with Timely salary Best claim payable insurer

Dislikes

Hell work life balance With limited manpower resource they work No incentive opportunities No Saturday off No work timings

Salary - Poor

+5 more

Sales Manager in Bangalore / Bengaluru

Sales & Business Development Department

5.0

• posted on 27 May 2022

5.0

for Salary and Benefits

Likes

My first job started at Bagic only first I joined DM team on 18th Feb 2016 and I have passed On roll exam and moved to Pvt Banca team 20th august -2018 over all very experience in bagic its wonderful company .

Salary - Excellent

+4 more

Dislikes

I am 6.5years old in the company and I have achieved all parameters but every year I got bad rating and my package also less ....so I am not happy with this ...

Promotions - Poor

Sales Manager in Siiguri

BFSI, Investments & Trading Department

4.0

• posted on 04 Jun 2022

1.0

for Salary and Benefits

Likes

Company policy are very sharp and easy to maintain.

Skill development - Excellent

+4 more

Dislikes

...then the security of future life is more happiness than compare to present life.salary growth is very slow .There is a contract for 6 months .

Salary - Bad

+1 more

Team Lead in Navi Mumbai

BFSI, Investments & Trading Department

5.0

• posted on 13 Dec 2020

5.0

for Salary and Benefits

Likes

Worked in Bajaj Allianz since last 5 years and defenitely I have excellent learning experience in this company. Job security is good even in COVID we were getting our full paymet in every month . Good bonus , leaves and most important is best team mates I have ever work with. Working with such team mates was never boring. Best experience

Salary - Excellent

+5 more

Dislikes

Less salary and increment for offroll people. Best benefits for onroll people's. If we want growth in this company then we should be on onroll position rest all is good

Promotions - Poor

Service Engineer in Srinag

Motor claims Department

5.0

• posted on 09 May 2021

3.0

for Salary and Benefits

Likes

Best about BajajAllianz is employee care and skil development and learning. Hike and bonus a bit debatable .but overall its good when it comes to disbursement of monthly sallery.

Skill development - Excellent

+2 more

Dislikes

Nothing to dislike about.

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Bajaj Allianz General Insurance Deputy Manager Band 1 Salary FAQs

What is the salary of Deputy Manager Band 1 at Bajaj Allianz General Insurance?

Deputy Manager Band 1 salary at Bajaj Allianz General Insurance in India ranges between ₹4.5 Lakhs to ₹12.0 Lakhs for experience between 2 years to 12 years. According to our estimates it is 68% more than the average Deputy Manager Band 1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz General Insurance India.

How does the salary of a Deputy Manager Band 1 at Bajaj Allianz General Insurance India compare with the average salary range for this job?

The average salary of a Deputy Manager Band 1 at Bajaj Allianz General Insurance is 68% more than the average salary of a Deputy Manager Band 1 in India. To know exact salary insights, login to view.

What is the salary of a Deputy Manager Band 1 in companies similar to Bajaj Allianz General Insurance in India?

HDFC Life Deputy Manager Band 1 Salary - ₹5.8 Lakhs to ₹8.3 Lakhs per year
HDFC Ergo General Insurance Deputy Manager Band 1 Salary - ₹4.8 Lakhs to ₹7.5 Lakhs per year
SBI General Insurance Deputy Manager Band 1 Salary - ₹5.0 Lakhs to ₹5.5 Lakhs per year
Axis Max Life Insurance Deputy Manager Band 1 Salary - ₹4.3 Lakhs to ₹5.1 Lakhs per year
Tata AIG Deputy Manager Band 1 Salary - ₹2.5 Lakhs to ₹4.7 Lakhs per year

What is the estimated take home salary of a Deputy Manager Band 1 at Bajaj Allianz General Insurance in India?

The estimated take-home salary of a Deputy Manager Band 1 at Bajaj Allianz General Insurance ranges between ₹67,243 per month to ₹68,965 per month in India. The take-home salary calculation is based on the average Bajaj Allianz General Insurance Deputy Manager Band 1 salary in India which ranges between ₹4.5 Lakhs to ₹12.0 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

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Bajaj Allianz General Insurance Deputy Manager Band 1 Salaries

Bajaj Allianz General Insurance Deputy Manager Band 1 salary in India ranges between ₹4.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.

Bajaj Allianz General Insurance Deputy Manager Band 1 salaries in India

Companies similar to Bajaj Allianz General Insurance for Deputy Manager Band 1

Latest annual salaries shared by Bajaj Allianz General Insurance Deputy Manager Band 1

Experience wise Bajaj Allianz General Insurance Deputy Manager Band 1 salaries

Similar Designation salaries in Bajaj Allianz General Insurance

Salary related reviews for Bajaj Allianz General Insurance

Deputy Manager in Mumbai

Sales Manager in Bangalore / Bengaluru

Sales Manager in Siiguri

Team Lead in Navi Mumbai

Service Engineer in Srinag

Bajaj Allianz General Insurance Deputy Manager Band 1 Salary FAQs

Tell us how to improve this page.

Bajaj Allianz General Insurance Deputy Manager Band 1 Salaries by Location