Bajaj Capital Insurance Area Manager Salaries by 5 Employees (Updated 2025)

5 - 13 years exp.

₹4 Lakhs - ₹7.6 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Area Manager Salary in Insurance Companies for 5 - 13 years of experience

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Salaries in different departments

Sales & Business Development Area Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.6 L/yr
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Strategic & Top Management Area Manager Salary 5 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 20 Oct 2023

Companies similar to Bajaj Capital Insurance for Area Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (347 salaries)	₹5.8 L/yr - ₹12.8 L/yr 68% more	16 job openings
HDFC Life Area Manager Salary 4 - 14 years exp. (26 salaries)	₹3.2 L/yr - ₹12.6 L/yr 28% more
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SBI Life Insurance Company Area Manager Salary 6 - 18 years exp. (217 salaries)	₹4.6 L/yr - ₹14.2 L/yr 58% more
Reliance Nippon Life Insurance Area Manager Salary 13 - 20 years exp. (72 salaries)	₹9.5 L/yr - ₹21.4 L/yr 160% more
Max Life Insurance Area Manager Salary 5 - 18 years exp. (282 salaries)	₹4.2 L/yr - ₹13.2 L/yr 38% more	3 job openings
Kotak Mahindara Life Insurance Area Manager Salary 7 - 24 years exp. (26 salaries)	₹5.7 L/yr - ₹17.9 L/yr 98% more
Aditya Birla Sun Life Insurance Area Manager Salary 3 - 10 years exp. (124 salaries)	₹4.5 L/yr - ₹10 L/yr 19% more
Tata AIA Life Insurance Area Manager Salary 6 - 17 years exp. (179 salaries)	₹5.5 L/yr - ₹17.7 L/yr 96% more	10 job openings
PNB MetLife Area Manager Salary 6 - 15 years exp. (20 salaries)	₹5.9 L/yr - ₹11.1 L/yr 60% more
Life Insurance Corporation of India Area Manager Salary 10 - 15 years exp. (4 salaries)	₹7.5 L/yr - ₹10 L/yr 50% more
Cholamandalam MS General Insurance Area Manager Salary 6 - 16 years exp. (120 salaries)	₹4.5 L/yr - ₹14 L/yr 49% more
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Future Generali India Life Insurance Area Manager Salary 13 - 19 years exp. (41 salaries)	₹10.1 L/yr - ₹18.5 L/yr 165% more	2 job openings
Aviva Life Insurance India Area Manager Salary 7 - 20 years exp. (35 salaries)	₹7 L/yr - ₹14 L/yr 90% more
Bharti AXA Life Insurance Area Manager Salary 7 - 19 years exp. (36 salaries)	₹6.1 L/yr - ₹16.5 L/yr 80% more
Aditya Birla Health Insurance Co Area Manager Salary 7 - 18 years exp. (31 salaries)	₹4.5 L/yr - ₹16.5 L/yr 78% more
ManipalCigna Health Insurance Area Manager Salary 11 - 20 years exp. (27 salaries)	₹7.2 L/yr - ₹12.5 L/yr 79% more
Shriram General Insurance Area Manager Salary 12 - 20 years exp. (25 salaries)	₹8.3 L/yr - ₹15 L/yr 92% more
Edelweiss Life Insurance Area Manager Salary 12 - 20 years exp. (16 salaries)	₹10 L/yr - ₹16.7 L/yr 146% more
Royal Sundaram General Insurance Area Manager Salary 11 - 19 years exp. (7 salaries)	₹9 L/yr - ₹18.5 L/yr 93% more
IndiaFirst Life Insurance Area Manager Salary 7 - 17 years exp. (6 salaries)	₹8 L/yr - ₹13 L/yr 72% more

View all

Area Manager salary at Bajaj Capital Insurance ranges between ₹4 Lakhs to ₹7.6 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Capital Insurance.

Experience wise Bajaj Capital Insurance Area Manager salaries

Last Updated: 20 Oct 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.9 L/yr
6 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
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7 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
9 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹7.6 L/yr
12 years (AmbitionBox Estimate)	₹4 L/yr - ₹9.2 L/yr
13 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.8 L/yr

View all

Similar Designation salaries in Bajaj Capital Insurance

Sales Manager Salary

(14 salaries)

₹0.3 L/yr - ₹4.2 L/yr

Branch Manager Salary

(16 salaries)

₹2.9 L/yr - ₹4.5 L/yr

Area Sales Manager Salary

(5 salaries)

₹4.45 L/yr - ₹5 L/yr

Cluster Manager Salary

(7 salaries)

₹6.7 L/yr - ₹8.25 L/yr

Deputy Manager Salary

(25 salaries)

₹2.1 L/yr - ₹3.6 L/yr

Regional Manager Salary

(4 salaries)

₹15 L/yr - ₹20.82 L/yr

Marketing Manager Salary

(6 salaries)

₹2.95 L/yr - ₹4 L/yr

Team Lead Salary

(5 salaries)

₹2 L/yr - ₹3.06 L/yr

Sales Officer Salary

(5 salaries)

₹1.5 L/yr - ₹2.1 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Salary related reviews for Bajaj Capital Insurance

4.0

Rated by 1 employees for salary & benefits

Relationship Manager in Agra

Part Time

Sales & Business Development Department

2.0

• posted on 26 Oct 2023

3.0

for Salary and Benefits

Likes

... and hr only follow order to Senior Manager, big mistake to join this company. Daily said, not approved your attendance and not provide salary

Dislikes

Before joining recruiter said, direct channel leads will be provided but after joining branch manager said go to market and collect data and 3 time give for monthly ctc salary justify after give travel allowance. Branch manager and old rm follow only one rule hire and fire, high pressure to new rm

Skill development - Poor

+5 more

Deputy Manager in New Delhi

Insurance Department

4.0

• posted on 22 Feb 2022

3.0

for Salary and Benefits

Likes

Timing issue no time for family to much busy schedule slow process in growth companies policy are very irritated.

Job security - Good

+1 more

Dislikes

There is a lot of politics and the management doesn't address our issue. Salary is not good enough career and growth is to slow.

Skill development - Poor

+2 more

Sales Executive in Gwalior

Customer Success, Service & Operations Department

5.0

• posted on 21 Jun 2020

5.0

for Salary and Benefits

Likes

Good work environment and culture.teammates are supportive

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow.there is a bond of 1year before which you cannot resign.on the job training is not giving to new joiners.

Senior Executive Operations in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 07 May 2023

3.0

for Salary and Benefits

Likes

Non toxic environment, friendly culture, a certified "Great place to work" company. Managers are amazing and supportive in nature. Loads of work is limited. Bole to bindaas. 👍🏻👍🏻👍🏻👍🏻

Skill development - Good

+4 more

Dislikes

Salary package, bonus, appraisal etc should be improve.

Promotions - Poor

Manager HRD in Lucknow

Full Time

Human Resources Department

3.0

• posted on 22 May 2022

3.0

for Salary and Benefits

Likes

Overall it's a good organization to work but having huge requirement to improve to become better. Good ethical values.

Job security - Good

Dislikes

Although company having good ethical values but they ignored it at covid lockdown, 50% salary cut even for support team). Since support team were not being incentivised when business was at boom so there should not be salary cut when business is at low.

Skill development - Poor

+2 more

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Bajaj Capital Insurance Area Manager Salary FAQs

What is the salary of Area Manager at Bajaj Capital Insurance?

Area Manager salary at Bajaj Capital Insurance in India ranges between ₹4.0 Lakhs to ₹7.6 Lakhs for experience between 5 years to 13 years. According to our estimates it is 40% less than the average Area Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Capital Insurance India.

How does the salary of a Area Manager at Bajaj Capital Insurance India compare with the average salary range for this job?

The average salary of a Area Manager at Bajaj Capital Insurance is 40% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Capital Insurance to a Area Manager in India?

Future Generali India Life Insurance Area Manager Salary - ₹10.1 Lakhs to ₹18.5 Lakhs per year
Reliance Nippon Life Insurance Area Manager Salary - ₹9.5 Lakhs to ₹21.4 Lakhs per year
Edelweiss Life Insurance Area Manager Salary - ₹10.0 Lakhs to ₹16.7 Lakhs per year
Ageas Federal Life Insurance Area Manager Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
Kotak Mahindara Life Insurance Area Manager Salary - ₹5.7 Lakhs to ₹17.9 Lakhs per year

What is the salary of a Area Manager in companies similar to Bajaj Capital Insurance in India?

Tata AIA Life Insurance Area Manager Salary - ₹5.5 Lakhs to ₹17.7 Lakhs per year
Royal Sundaram General Insurance Area Manager Salary - ₹9.0 Lakhs to ₹18.5 Lakhs per year
Shriram General Insurance Area Manager Salary - ₹8.3 Lakhs to ₹15.0 Lakhs per year
Aviva Life Insurance India Area Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
Bharti AXA Life Insurance Area Manager Salary - ₹6.1 Lakhs to ₹16.5 Lakhs per year

What is the estimated take home salary of a Area Manager at Bajaj Capital Insurance in India?

The estimated take-home salary of a Area Manager at Bajaj Capital Insurance ranges between ₹43,620 per month to ₹44,731 per month in India. The take-home salary calculation is based on the average Bajaj Capital Insurance Area Manager salary in India which ranges between ₹4.0 Lakhs to ₹7.6 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at Bajaj Capital Insurance?

According to AmbitionBox, 33% of the Bajaj Capital Insurance Area Managers reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Bajaj Capital Insurance Area Manager Salaries

Bajaj Capital Insurance Area Manager salary in India ranges between ₹4 Lakhs to ₹7.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Capital Insurance latest salaries received from various employees of Bajaj Capital Insurance.