Birla Sun Life Mutual Fund Deputy Manager Salaries by 8 Employees

4 - 8 years exp.

₹4 Lakhs - ₹7.5 Lakhs

Low Confidence

Salary of majority employees

34% less than the average Deputy Manager Salary in Insurance Companies for 4 - 8 years of experience

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Salaries in different departments

Sales & Business Development Deputy Manager Salary 5 - 8 years exp. (5 salaries)	₹4.4 L/yr - ₹6.5 L/yr
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BFSI, Investments & Trading Deputy Manager Salary 4 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹6.7 L/yr

Last Updated: 28 Aug 2023

Companies similar to Birla Sun Life Mutual Fund for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Deputy Manager Salary 2 - 11 years exp. (253 salaries)	₹4 L/yr - ₹12.6 L/yr 23% more
Future Generali India Life Insurance Deputy Manager Salary 4 - 16 years exp. (233 salaries)	₹4.2 L/yr - ₹15.9 L/yr 42% more	2 job openings
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Axa XL Deputy Manager Salary 7 - 13 years exp. (164 salaries)	₹8.1 L/yr - ₹25 L/yr 156% more	1 job opening
Magma HDI General Insurance Deputy Manager Salary 1 - 17 years exp. (116 salaries)	₹5.5 L/yr - ₹10.5 L/yr 27% more
IndiaFirst Life Insurance Deputy Manager Salary 4 - 13 years exp. (107 salaries)	₹3.1 L/yr - ₹10.7 L/yr 2% more
ManipalCigna Health Insurance Deputy Manager Salary 1 - 16 years exp. (91 salaries)	₹4 L/yr - ₹13.4 L/yr 48% more
Bharti AXA Life Insurance Deputy Manager Salary 3 - 15 years exp. (82 salaries)	₹3.5 L/yr - ₹6 L/yr 30% less
Cholamandalam MS General Insurance Deputy Manager Salary 1 - 11 years exp. (66 salaries)	₹4 L/yr - ₹11.3 L/yr 34% more
Shriram General Insurance Deputy Manager Salary 1 - 13 years exp. (61 salaries)	₹4 L/yr - ₹7.8 L/yr 15% less
Family Health Plan Deputy Manager Salary 4 - 13 years exp. (58 salaries)	₹4 L/yr - ₹8 L/yr 13% less
Universal Sompo General Insurance Deputy Manager Salary 6 - 16 years exp. (53 salaries)	₹6.3 L/yr - ₹12.5 L/yr 42% 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 8% more
Allianz Partners Deputy Manager Salary 4 - 12 years exp. (40 salaries)	₹7 L/yr - ₹14 L/yr 52% more
Allianz Services Deputy Manager Salary 8 - 17 years exp. (35 salaries)	₹8 L/yr - ₹16.5 L/yr 71% more
Bajaj Capital Insurance Deputy Manager Salary 1 - 5 years exp. (25 salaries)	₹2.1 L/yr - ₹3.6 L/yr 54% less
Royal Sundaram General Insurance Deputy Manager Salary 10 - 20 years exp. (11 salaries)	₹12 L/yr - ₹17.4 L/yr 132% more
CignaTTk Health Insurance Deputy Manager Salary 4 - 13 years exp. (8 salaries)	₹4.6 L/yr - ₹11.4 L/yr 33% more
Ageas Federal Life Insurance Deputy Manager Salary 1 - 12 years exp. (7 salaries)	₹3.1 L/yr - ₹5.8 L/yr 38% less
Liberty General Insurance Deputy Manager Salary 5 - 8 years exp. (4 salaries)	₹5.3 L/yr - ₹9 L/yr 12% more
Marsh Deputy Manager Salary 10 - 12 years exp. (3 salaries)	₹10 L/yr - ₹12 L/yr 67% more

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Deputy Manager salary at Birla Sun Life Mutual Fund ranges between ₹4 Lakhs to ₹7.5 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Birla Sun Life Mutual Fund.

Experience wise Birla Sun Life Mutual Fund Deputy Manager salaries

Last Updated: 28 Aug 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹6.3 L/yr
5 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹11.4 L/yr
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6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹11.6 L/yr
7 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹11.9 L/yr
8 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.5 L/yr

Similar Designation salaries in Birla Sun Life Mutual Fund

Branch Manager Salary

(4 salaries)

₹6.2 L/yr - ₹6.44 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Operations Manager Salary

(4 salaries)

₹2.05 L/yr - ₹3.8 L/yr

Relationship Manager Salary

(63 salaries)

₹2.3 L/yr - ₹8.05 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Business Development Manager Salary

(3 salaries)

₹22.5 L/yr - ₹28.7 L/yr

Salary related reviews for Birla Sun Life Mutual Fund

4.3

Rated by 4 employees for salary & benefits

Service Relationship Manager in Navi Mumbai

4.0

• posted on 17 Aug 2018

2.0

for Salary and Benefits

Likes

Wt my current work, no much stress or restrictions, we have freedom in modifying script, & handling call as per same. Can infrm all details or share all details with investor without tim AHT limits.

Job security - Excellent

+2 more

Dislikes

Growth & Salary improvement is very less comparitively. ( im working or in payroll under cams).

Salary - Poor

Relationship Wealth Manager in Jaipur

Full Time

Sales & Distribution Department

1.0

• posted on 07 Nov 2022

3.0

for Salary and Benefits

Likes

Organisation is good but some people spoiling this organisation.

Dislikes

So much politics. There is not good culture for employees. Employee cannot do lunch on time. Regional head always do their finger for lunch for overtime and extra pressure. Branch manager himself is poor in knowledge part. He cannot manage their team.

Skill development - Poor

+5 more

Mutual Fund Back Officer in Charchgate, Mumbai

Back Office Department

4.0

• posted on 04 Jul 2022

2.0

for Salary and Benefits

Likes

It was my first job experience so I like there atmosphere. All my co-workers are very helpful.

Skill development - Good

+2 more

Dislikes

I was working on 1year &9month but there was no increment. So for the better opportunity I was leaving the job.

Salary - Poor

+2 more

Intern in New Delhi

Intern

Sales Department

5.0

• posted on 09 Feb 2018

5.0

for Salary and Benefits

Likes

Things which I liked and admired the most while working in BSLAMC was the keen interest and dedication of the RM for his work under whom I did my internship, his behavior towards all the officemates, his helping and guiding nature. BSLAMC gave me a wonderful learning environment and business work experience throughout my internship tenure.

Salary - Excellent

+6 more

Dislikes

Nothing.

Assistant Manager in Gurgaon / Gurugram

Retail Sales Department

5.0

• posted on 19 Jun 2018

4.0

for Salary and Benefits

Likes

The Company has a very good culture/ ecosystem. You can actually evolve as an entrepreneur, and also grow to take greater responsibilities. You get enough freedom to explore your capabilities. Learning opportunities are immense. You feel close knit with the colleagues & privileged to be a part of the ABG. Great work life balance.

Salary - Good

+5 more

Dislikes

Maybe because it is a part of huge Conglomerate i would call it " Top Heavy Organisation". Most decisions are on the discretion of people seated on leadership positions which leaves a entry level employee less rewarded of his hardwork. Slow Carrier Growth.

Promotions - Poor

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Birla Sun Life Mutual Fund Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Birla Sun Life Mutual Fund ?

The average salary of a Deputy Manager at Birla Sun Life Mutual Fund in India typically ranges from ₹4.0 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Deputy Manager at Birla Sun Life Mutual Fund earn more than ₹7.2 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Deputy Manager Salaries at Birla Sun Life Mutual Fund 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 8 Birla Sun Life Mutual Fund employees in India.

What is the estimated take home salary of a Deputy Manager at Birla Sun Life Mutual Fund in India?

The estimated take-home salary of a Deputy Manager at Birla Sun Life Mutual Fund in India typically ranges from ₹48,873 to ₹50,028 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 4 years to 8 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 8 salaries received from various employees of Birla Sun Life Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Birla Sun Life Mutual Fund for Deputy Manager in India?

Swiss Re	₹7.5 Lakhs to ₹32.0 Lakhs per year
Axa XL	₹8.1 Lakhs to ₹25.0 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 Birla Sun Life Mutual Fund, depending on the role and experience level.

What is the salary of a Deputy Manager in companies similar to Birla Sun Life Mutual Fund in India?

The salary of a Deputy Manager at companies similar to Birla Sun Life Mutual Fund in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Allianz Partners	₹7.0 Lakhs to ₹14.0 Lakhs per year
ManipalCigna Health Insurance	₹4.0 Lakhs to ₹13.4 Lakhs per year
Future Generali India Life Insurance	₹4.2 Lakhs to ₹15.9 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 Birla Sun Life Mutual Fund in India?

The salary growth for a Deputy Manager at Birla Sun Life Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Deputy Manager can expect the following growth trajectory at Birla Sun Life Mutual Fund:

Experience	Average Salary Range
4 years	₹4.0 Lakhs to ₹6.3 Lakhs per year
5 years	₹4.4 Lakhs to ₹11.4 Lakhs per year
6 years	₹4.7 Lakhs to ₹11.6 Lakhs per year
7 years	₹6.5 Lakhs to ₹11.9 Lakhs per year

and so on.

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Birla Sun Life Mutual Fund Deputy Manager Salaries

Birla Sun Life Mutual Fund Deputy Manager salary in India ranges between ₹4 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Birla Sun Life Mutual Fund latest salaries received from various employees of Birla Sun Life Mutual Fund.