Bajaj Capital Insurance Deputy Manager Salaries by 20+ Employees (Updated 2025)

1 - 5 years exp.

₹2.1 Lakhs - ₹3.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

70% less than the average Deputy Manager Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 3 - 5 years exp. (6 salaries)	₹2.6 L/yr - ₹3.6 L/yr
Customer Success, Service & Operations Deputy Manager Salary 2 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.2 L/yr
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Finance & Accounting Deputy Manager Salary 2 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹3.5 L/yr
Sales & Business Development Deputy Manager Salary 1 - 3 years exp. (3 salaries)	₹2.4 L/yr - ₹2.9 L/yr

Last Updated: 12 Feb 2025

Companies similar to Bajaj Capital Insurance for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
Future Generali India Life Insurance Deputy Manager Salary 4 - 14 years exp. (222 salaries)	₹4.2 L/yr - ₹14 L/yr 212% more	2 job openings
Aditya Birla Health Insurance Co Deputy Manager Salary 2 - 11 years exp. (253 salaries)	₹4 L/yr - ₹12.6 L/yr 170% more
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Axa XL Deputy Manager Salary 7 - 13 years exp. (167 salaries)	₹8.1 L/yr - ₹24.5 L/yr 448% more	3 job openings
Magma HDI General Insurance Deputy Manager Salary 1 - 16 years exp. (110 salaries)	₹5.5 L/yr - ₹10.5 L/yr 176% more
IndiaFirst Life Insurance Deputy Manager Salary 4 - 13 years exp. (107 salaries)	₹3.1 L/yr - ₹10.7 L/yr 124% more
ManipalCigna Health Insurance Deputy Manager Salary 3 - 16 years exp. (98 salaries)	₹4 L/yr - ₹14.5 L/yr 216% more
Bharti AXA Life Insurance Deputy Manager Salary 3 - 15 years exp. (81 salaries)	₹3.5 L/yr - ₹6 L/yr 55% more
Cholamandalam MS General Insurance Deputy Manager Salary 1 - 11 years exp. (66 salaries)	₹4 L/yr - ₹11.3 L/yr 195% more
Shriram General Insurance Deputy Manager Salary 1 - 13 years exp. (62 salaries)	₹4 L/yr - ₹7.8 L/yr 90% more
Family Health Plan Deputy Manager Salary 5 - 13 years exp. (56 salaries)	₹4 L/yr - ₹7.5 L/yr 93% more
Universal Sompo General Insurance Deputy Manager Salary 6 - 16 years exp. (53 salaries)	₹6.3 L/yr - ₹12.5 L/yr 212% more
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Aviva Life Insurance India Deputy Manager Salary 5 - 15 years exp. (45 salaries)	₹4.3 L/yr - ₹8.5 L/yr 137% more
Allianz Partners Deputy Manager Salary 5 - 13 years exp. (40 salaries)	₹7.5 L/yr - ₹14 L/yr 238% more
Allianz Services Deputy Manager Salary 8 - 17 years exp. (35 salaries)	₹8 L/yr - ₹16.5 L/yr 276% more
Royal Sundaram General Insurance Deputy Manager Salary 10 - 20 years exp. (11 salaries)	₹12 L/yr - ₹17.4 L/yr 410% more
Birla Sun Life Mutual Fund Deputy Manager Salary 4 - 8 years exp. (8 salaries)	₹4 L/yr - ₹7.5 L/yr 120% more
CignaTTk Health Insurance Deputy Manager Salary 4 - 13 years exp. (8 salaries)	₹4.6 L/yr - ₹11.4 L/yr 192% more
Ageas Federal Life Insurance Deputy Manager Salary 1 - 12 years exp. (7 salaries)	₹3.1 L/yr - ₹5.8 L/yr 38% more
Liberty General Insurance Deputy Manager Salary 5 - 8 years exp. (4 salaries)	₹5.3 L/yr - ₹9 L/yr 147% more
Marsh Deputy Manager Salary 10 - 12 years exp. (3 salaries)	₹10 L/yr - ₹12 L/yr 268% more

View all

Deputy Manager salary at Bajaj Capital Insurance ranges between ₹2.1 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 25 latest salaries received from various employees of Bajaj Capital Insurance.

Latest annual salaries shared by Bajaj Capital Insurance Deputy Manager

1mo ago

₹3.6 Lakhs

5 years exp.

3mo ago

₹2.9 Lakhs

5 years exp.

3mo ago

₹2.9 Lakhs

4 years exp.

3mo ago

₹2.9 Lakhs

4 years exp.

7mo ago

₹3 Lakhs

5 years exp.

7mo ago

4 years exp.

10mo ago

3 years exp.

1y ago

4 years exp.

1y ago

3 years exp.

1y ago

3 years exp.

Experience wise Bajaj Capital Insurance Deputy Manager salaries

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
2 years (4 salaries)	₹2.1 L/yr - ₹3.5 L/yr
Login to view exact salary
3 years (7 salaries)	₹2.2 L/yr - ₹3.5 L/yr
4 years (7 salaries)	₹2.8 L/yr - ₹3.6 L/yr
5 years (6 salaries)	₹2.4 L/yr - ₹3.6 L/yr

Similar Designation salaries in Bajaj Capital Insurance

Branch Manager Salary

(16 salaries)

₹2.9 L/yr - ₹4.5 L/yr

Area Manager Salary

(5 salaries)

₹4 L/yr - ₹6.17 L/yr

Cluster Manager Salary

(7 salaries)

₹6.7 L/yr - ₹8.25 L/yr

Deputy Branch Manager Salary

(5 salaries)

₹3 L/yr - ₹3.5 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹14 L/yr - ₹17.8 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Relationship Manager Salary

(16 salaries)

₹1.2 L/yr - ₹5.4 L/yr

Team Lead Salary

(5 salaries)

₹2 L/yr - ₹3.06 L/yr

Senior Operations Manager Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Operations Executive Salary

(40 salaries)

₹1.55 L/yr - ₹3.6 L/yr

Salary related reviews for Bajaj Capital Insurance

4.5

Rated by 10 employees for salary & benefits

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

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

Operations Executive in Gurgaon / Gurugram

Operation Department

4.0

• posted on 17 Apr 2019

3.0

for Salary and Benefits

Likes

Here i feel safe because as a female employee working here ia like working at home. Also very punctual of timings, u can leave on time no one will ask u anything just love that. The work place is too good felt happy to work here. All the team members and seniors are very caring and friendly.

Skill development - Excellent

+3 more

Dislikes

Only low salary

Operations Executive in Dhanbad

Legal & Regulatory Department

3.0

• posted on 30 Nov 2019

3.0

for Salary and Benefits

Likes

As usual

Skill development - Good

Dislikes

As usual Salary is very low No any holiday in festival Weakof holiday or any festival holiday both mentioned the same Only three holiday in a month sometimes only two that are very ridiculous

Job security - Poor

+1 more

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bajaj Capital Insurance Deputy Manager Salary FAQs

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

The average salary of a Deputy Manager at Bajaj Capital Insurance in India typically ranges from ₹2.1 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Deputy Manager at Bajaj Capital Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Deputy 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 20+ Bajaj Capital Insurance employees in India.

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

The estimated take-home salary of a Deputy Manager at Bajaj Capital Insurance in India typically ranges from ₹20,788 to ₹22,439 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year to 5 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 20+ 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 Deputy Manager in India?

Swiss Re	₹7.5 Lakhs to ₹32.0 Lakhs per year
Axa XL	₹8.1 Lakhs to ₹24.5 Lakhs per year
Royal Sundaram General Insurance	₹12.0 Lakhs to ₹17.4 Lakhs per year
Allianz Services	₹8.0 Lakhs to ₹16.5 Lakhs per year
Marsh	₹10.0 Lakhs to ₹12.0 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 Deputy Manager in companies similar to Bajaj Capital Insurance in India?

The salary of a Deputy 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:

Allianz Partners	₹7.5 Lakhs to ₹14.0 Lakhs per year
ManipalCigna Health Insurance	₹4.0 Lakhs to ₹14.5 Lakhs per year
Future Generali India Life Insurance	₹4.2 Lakhs to ₹14.0 Lakhs per year
Universal Sompo General Insurance	₹6.3 Lakhs to ₹12.5 Lakhs per year
Cholamandalam MS General Insurance	₹4.0 Lakhs to ₹11.3 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 Deputy Manager at Bajaj Capital Insurance in India?

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

Experience	Average Salary Range
1 year	₹2.6 Lakhs to ₹3.3 Lakhs per year
2 years	₹2.1 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.2 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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Bajaj Capital Insurance Deputy Manager Salaries

Bajaj Capital Insurance Deputy Manager salary in India ranges between ₹2.1 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 Bajaj Capital Insurance latest salaries received from various employees of Bajaj Capital Insurance.