Bajaj Capital Insurance Zonal Manager Salaries by 5 Employees (Updated 2024)

12 - 18 years exp.

₹4.6 Lakhs - ₹13 Lakhs

Low Confidence

Salary of majority employees

34% less than the average Zonal Manager Salary in Insurance Companies for 12 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Zonal Manager Salary 12 - 17 years exp. (3 salaries)	₹8.4 L/yr - ₹13 L/yr
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Sales & Business Development Zonal Manager Salary 18 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.3 L/yr

Last Updated: 17 Jul 2024

Companies similar to Bajaj Capital Insurance for Zonal Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Zonal Manager Salary 4 - 17 years exp. (7 salaries)	₹7 L/yr - ₹22 L/yr 53% more
HDFC Life Zonal Manager Salary 10 - 12 years exp. (9 salaries)	₹10 L/yr - ₹22 L/yr 63% more
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SBI Life Insurance Company Zonal Manager Salary 12 - 20 years exp. (11 salaries)	₹11.7 L/yr - ₹26 L/yr 86% more
Reliance Nippon Life Insurance Zonal Manager Salary 14 - 23 years exp. (5 salaries)	₹18.4 L/yr - ₹37 L/yr 209% more
Max Life Insurance Zonal Manager Salary 17 - 21 years exp. (7 salaries)	₹16.1 L/yr - ₹29.2 L/yr 141% more
Aditya Birla Sun Life Insurance Zonal Manager Salary 10 - 29 years exp. (4 salaries)	₹6 L/yr - ₹36 L/yr 145% more
PNB MetLife Zonal Manager Salary 20 years exp. (3 salaries)	₹15.5 L/yr - ₹38 L/yr 194% more
Life Insurance Corporation of India Zonal Manager Salary 25 - 33 years exp. (3 salaries)	₹9 L/yr - ₹20.2 L/yr 86% more
Aditya Birla Health Insurance Co Zonal Manager Salary 10 - 20 years exp. (7 salaries)	₹13 L/yr - ₹31 L/yr 121% more
Aviva Life Insurance India Zonal Manager Salary 12 - 19 years exp. (4 salaries)	₹10.5 L/yr - ₹30 L/yr 75% more
Future Generali India Life Insurance Zonal Manager Salary 11 - 23 years exp. (4 salaries)	₹13.5 L/yr - ₹31 L/yr 101% more
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Edelweiss Life Insurance Zonal Manager Salary 9 - 20 years exp. (4 salaries)	₹13.6 L/yr - ₹31 L/yr 121% more
ManipalCigna Health Insurance Zonal Manager Salary 6 - 20 years exp. (4 salaries)	₹15.4 L/yr - ₹36 L/yr 165% more
Allianz Partners Zonal Manager Salary 11 - 18 years exp. (3 salaries)	₹8.4 L/yr - ₹27.5 L/yr 97% more
Cholamandalam MS General Insurance Zonal Manager Salary 14 - 16 years exp. (3 salaries)	₹24.8 L/yr - ₹30 L/yr 157% more

Zonal Manager salary at Bajaj Capital Insurance ranges between ₹4.6 Lakhs to ₹13 Lakhs per year for employees with experience between 12 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Capital Insurance.

Experience wise Bajaj Capital Insurance Zonal Manager salaries

Last Updated: 17 Jul 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹8.4 L/yr
13 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
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14 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
15+ years (3 salaries)	₹10.4 L/yr - ₹13 L/yr

Similar Designation salaries in Bajaj Capital Insurance

Regional Manager Salary

(4 salaries)

₹15 L/yr - ₹20.82 L/yr

Sales Manager Salary

(14 salaries)

₹0.3 L/yr - ₹4.2 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Deputy Manager Salary

(25 salaries)

₹2.1 L/yr - ₹3.6 L/yr

Cluster Manager Salary

(7 salaries)

₹6.7 L/yr - ₹8.25 L/yr

Area Sales Manager Salary

(5 salaries)

₹4.45 L/yr - ₹5 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Associate Vice President Salary

(5 salaries)

₹16 L/yr - ₹24 L/yr

Salary related reviews for Bajaj Capital Insurance

3.7

Rated by 4 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.

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.

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. 👍🏻👍🏻👍🏻👍🏻

Dislikes

Salary package, bonus, appraisal etc should be improve.

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.

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.

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

Customer Service Executive in Haridwar

Customer service executive Department

1.0

• posted on 11 Oct 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, appraisal are fair and they give good salary hike and bonus every year.

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 3 year before which you cannot resign. On the job training is not given to new joinees.

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Bajaj Capital Insurance Zonal Manager Salary FAQs

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

Zonal Manager salary at Bajaj Capital Insurance in India ranges between ₹4.6 Lakhs to ₹13.0 Lakhs for experience between 12 years to 18 years. According to our estimates it is 34% less than the average Zonal 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 Zonal Manager at Bajaj Capital Insurance India compare with the average salary range for this job?

The average salary of a Zonal Manager at Bajaj Capital Insurance is 34% less than the average salary of a Zonal Manager in India. To know exact salary insights, login to view.

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

Reliance Nippon Life Insurance Zonal Manager Salary - ₹18.4 Lakhs to ₹37.0 Lakhs per year
PNB MetLife Zonal Manager Salary - ₹15.5 Lakhs to ₹38.0 Lakhs per year
ManipalCigna Health Insurance Zonal Manager Salary - ₹15.4 Lakhs to ₹36.0 Lakhs per year
Cholamandalam MS General Insurance Zonal Manager Salary - ₹24.8 Lakhs to ₹30.0 Lakhs per year
Aditya Birla Sun Life Insurance Zonal Manager Salary - ₹6.0 Lakhs to ₹36.0 Lakhs per year

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

Max Life Insurance Zonal Manager Salary - ₹16.1 Lakhs to ₹29.2 Lakhs per year
Aditya Birla Health Insurance Co Zonal Manager Salary - ₹13.0 Lakhs to ₹31.0 Lakhs per year
Edelweiss Life Insurance Zonal Manager Salary - ₹13.6 Lakhs to ₹31.0 Lakhs per year
Future Generali India Life Insurance Zonal Manager Salary - ₹13.5 Lakhs to ₹31.0 Lakhs per year
Allianz Partners Zonal Manager Salary - ₹8.4 Lakhs to ₹27.5 Lakhs per year

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

The estimated take-home salary of a Zonal Manager at Bajaj Capital Insurance ranges between ₹72,349 per month to ₹74,215 per month in India. The take-home salary calculation is based on the average Bajaj Capital Insurance Zonal Manager salary in India which ranges between ₹4.6 Lakhs to ₹13.0 Lakhs per year for employees with experience between 12 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 83% of the Bajaj Capital Insurance Zonal Managers reported a notice period of 3 Months, 17% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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Bajaj Capital Insurance Zonal Manager Salaries

Bajaj Capital Insurance Zonal Manager salary in India ranges between ₹4.6 Lakhs to ₹13 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.