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

5 - 13 years exp.

₹4 Lakhs - ₹6.2 Lakhs

Low Confidence

Salary of majority employees

45% 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 7 - 10 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.2 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: 28 Feb 2025

Companies similar to Bajaj Capital Insurance for Area Manager

Company name	Avg Annual Salary	Open Jobs
Cholamandalam MS General Insurance Area Manager Salary 8 - 17 years exp. (115 salaries)	₹5.3 L/yr - ₹16.5 L/yr 74% more
Future Generali India Life Insurance Area Manager Salary 13 - 20 years exp. (42 salaries)	₹10.1 L/yr - ₹20 L/yr 195% more	2 job openings
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Bharti AXA Life Insurance Area Manager Salary 6 - 19 years exp. (38 salaries)	₹6.1 L/yr - ₹16.5 L/yr 95% more
Aviva Life Insurance India Area Manager Salary 7 - 20 years exp. (35 salaries)	₹7 L/yr - ₹14 L/yr 106% more
Aditya Birla Health Insurance Co Area Manager Salary 7 - 18 years exp. (31 salaries)	₹4.5 L/yr - ₹16.5 L/yr 93% more
ManipalCigna Health Insurance Area Manager Salary 11 - 19 years exp. (26 salaries)	₹7.2 L/yr - ₹12.5 L/yr 89% more
Shriram General Insurance Area Manager Salary 12 - 20 years exp. (26 salaries)	₹8.3 L/yr - ₹15 L/yr 110% more
Liberty General Insurance Area Manager Salary 9 - 21 years exp. (24 salaries)	₹12.4 L/yr - ₹18.4 L/yr 180% more
Edelweiss Life Insurance Area Manager Salary 12 - 20 years exp. (16 salaries)	₹10 L/yr - ₹16.7 L/yr 167% more
IndiaFirst Life Insurance Area Manager Salary 13 - 17 years exp. (8 salaries)	₹9 L/yr - ₹16 L/yr 130% more
Royal Sundaram General Insurance Area Manager Salary 11 - 19 years exp. (7 salaries)	₹9 L/yr - ₹18.5 L/yr 109% more
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Ageas Federal Life Insurance Area Manager Salary 9 - 20 years exp. (5 salaries)	₹10 L/yr - ₹17 L/yr 167% more
CignaTTk Health Insurance Area Manager Salary 7 - 14 years exp. (5 salaries)	₹8.6 L/yr - ₹10.5 L/yr 86% more
Magma HDI General Insurance Area Manager Salary 5 - 10 years exp. (5 salaries)	₹8.8 L/yr - ₹16.3 L/yr 152% more
Aegon Life Insurance Area Manager Salary 11 - 19 years exp. (4 salaries)	₹12 L/yr - ₹14 L/yr 145% more
Universal Sompo General Insurance Area Manager Salary 8 - 10 years exp. (4 salaries)	₹4.9 L/yr - ₹6.8 L/yr 4% more
Allianz Partners Area Manager Salary 8 - 11 years exp. (3 salaries)	₹5.3 L/yr - ₹8 L/yr 27% more
Aegon Religare Life Insurance Area Manager Salary 16 - 20 years exp. (3 salaries)	₹10 L/yr - ₹20 L/yr 151% more

Area Manager salary at Bajaj Capital Insurance ranges between ₹4 Lakhs to ₹6.2 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: 28 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.1 L/yr
6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
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7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
10 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
12 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.1 L/yr
13 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.2 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

(6 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

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Bajaj Capital Insurance Area Manager Salary FAQs

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

The average salary of a Area Manager at Bajaj Capital Insurance in India typically ranges from ₹4.0 Lakhs to ₹6.2 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Area Manager at Bajaj Capital Insurance earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Area Manager Salaries at Bajaj Capital 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 5 Bajaj Capital Insurance employees in India.

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 in India typically ranges from ₹40,012 to ₹41,177 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from 5 years to 13 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 5 salaries received from various employees of Bajaj Capital Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Capital Insurance for Area Manager in India?

Future Generali India Life Insurance	₹10.1 Lakhs to ₹20.0 Lakhs per year
Liberty General Insurance	₹12.4 Lakhs to ₹18.4 Lakhs per year
Edelweiss Life Insurance	₹10.0 Lakhs to ₹16.7 Lakhs per year
Ageas Federal Life Insurance	₹10.0 Lakhs to ₹17.0 Lakhs per year
Magma HDI General Insurance	₹8.8 Lakhs to ₹16.3 Lakhs per year

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

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

The salary of a Area Manager at companies similar to Bajaj Capital Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aegon Religare Life Insurance	₹10.0 Lakhs to ₹20.0 Lakhs per year
Aegon Life Insurance	₹12.0 Lakhs to ₹14.0 Lakhs per year
IndiaFirst Life Insurance	₹9.0 Lakhs to ₹16.0 Lakhs per year
Shriram General Insurance	₹8.3 Lakhs to ₹15.0 Lakhs per year
Royal Sundaram General Insurance	₹9.0 Lakhs to ₹18.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Area Manager at Bajaj Capital Insurance in India?

The salary growth for a Area Manager at Bajaj Capital Insurance depends on factors such as experience, performance, and promotions. On average, a Area Manager can expect the following growth trajectory at Bajaj Capital Insurance:

Experience	Average Salary Range
5 years	₹6.0 Lakhs to ₹11.1 Lakhs per year
6 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
7 years	₹2.4 Lakhs to ₹6.2 Lakhs per year
8 years	₹5.1 Lakhs to ₹6.5 Lakhs per year

and so on.

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Bajaj Capital Insurance Area Manager Salaries

Bajaj Capital Insurance Area Manager salary in India ranges between ₹4 Lakhs to ₹6.2 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.