HDFC Ergo General Insurance Mumbai Branch Head Salaries by 4 Employees (Updated 2025)

10 - 16 years exp.

₹8.6 Lakhs - ₹11.8 Lakhs

Salary of majority employees

15% less than the average Branch Head Salary in Insurance Companies for 10 - 16 years of experience

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Last Updated: 10 Mar 2024

Companies similar to HDFC Ergo General Insurance for Branch Head in Mumbai

HDFC Ergo General Insurance Branch Head Salary

10 - 16 years exp. (4 salaries)

₹8.6 L/yr - ₹11.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Future Generali India Life Insurance Branch Head Salary 13 - 17 years exp. (5 salaries)	₹8.6 L/yr - ₹12 L/yr 13% more
HDFC Life Branch Head Salary 6 - 14 years exp. (13 salaries)	₹8 L/yr - ₹10 L/yr 16% less	1 job opening
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Aditya Birla Sun Life Insurance Branch Head Salary 12 - 18 years exp. (8 salaries)	₹12.7 L/yr - ₹16.5 L/yr 21% more
ICICI Prudential Life Insurance Branch Head Salary 9 - 13 years exp. (5 salaries)	₹11.6 L/yr - ₹13.3 L/yr 13% more
Reliance Nippon Life Insurance Branch Head Salary 8 - 12 years exp. (3 salaries)	₹8.5 L/yr - ₹10 L/yr 19% less

Branch Head salary at HDFC Ergo General Insurance ranges between ₹8.6 Lakhs to ₹11.8 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Branch Head salaries in Mumbai

Last Updated: 10 Mar 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹18.3 L/yr
11 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
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12 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12.1 L/yr
13 years (AmbitionBox Estimate)	₹9 L/yr - ₹19.1 L/yr
14 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹11.8 L/yr
15+ years (AmbitionBox Estimate)	₹11 L/yr - ₹19.9 L/yr

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Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary

(249 salaries)

₹3.5 L/yr - ₹10.25 L/yr

Sales Manager Salary

(29 salaries)

₹3 L/yr - ₹6.5 L/yr

Branch Manager Salary

(9 salaries)

₹6 L/yr - ₹10.5 L/yr

Area Head Salary

(4 salaries)

₹11 L/yr - ₹18.65 L/yr

Sales Officer Salary

(4 salaries)

₹2.9 L/yr - ₹3.9 L/yr

Area Manager Salary

(3 salaries)

₹7.1 L/yr - ₹11.4 L/yr

Salary related reviews for HDFC Ergo General Insurance

Operations Manager in Noida

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 Dec 2024

3.0

for Salary and Benefits

Likes

Salaries are on time

Dislikes

They need low package employees No scope of growth They don't know how to utilise the employees skills and what ever the skills you have learnt in past every thing will vanished due to non utilisation. If you have good reference you will get good post and salaries The new CEO is very poor in cost optimization Very soon this hdfc ergo will be in loss. There compititior will grow by taking some advantages. There policies are not employee and customer friendly

Skill development - Bad

+4 more

Deputy Manager in Surat

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 26 Nov 2024

3.0

for Salary and Benefits

Likes

Employee can manage his/her work life balance at this organization.

Job security - Excellent

+2 more

Dislikes

...the cost cutting which effects Employee's conveyance, variable, appraisals etc.. This means Ergo has to improve the adequate pay scale as per Employee's skills and performance.

Skill development - Poor

+1 more

Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 27 Nov 2022

1.0

for Salary and Benefits

Likes

Claims

Dislikes

...what to do and how.. just business without planning. Lack of vision n mission. Comparatively Very low salary and incentives . Software n system upto 1980s. Focus on employee tracking instead of supporting.

Salary - Bad

+6 more

Sales Executive in Noida

Full Time

Other Department

5.0

• posted on 14 Jul 2020

5.0

for Salary and Benefits

Likes

Manager are more cooperative , i am happy with management and also they will give salary on time in this pandemic situation.

Salary - Excellent

+6 more

Dislikes

Everything is fine but i am not happy with my salary. Salary is too low as compared my work. I am too dedicated to my work .

Cluster Head in Agra

BFSI, Investments & Trading Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

It's Good place to work. In this company lot of opportunity to increase your career. and support of seniors is too good

Salary - Excellent

+6 more

Dislikes

Salary growth and career growth is very slow but lot of learing I have got from there do I am happy with HDFC ERGO

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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HDFC Ergo General Insurance Branch Head Salary FAQs

What is the salary of Branch Head at HDFC Ergo General Insurance Mumbai?

Branch Head salary at HDFC Ergo General Insurance in Mumbai ranges between ₹8.6 Lakhs to ₹11.8 Lakhs for experience between 10 years to 16 years. According to our estimates it is 15% less than the average Branch Head Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance Mumbai.

How does the salary of a Branch Head at HDFC Ergo General Insurance Mumbai compare with the average salary range for this job?

The average salary of a Branch Head at HDFC Ergo General Insurance is 15% less than the average salary of a Branch Head in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Ergo General Insurance to a Branch Head in Mumbai?

Aditya Birla Sun Life Insurance Branch Head Salary - ₹12.7 Lakhs to ₹16.5 Lakhs per year
ICICI Prudential Life Insurance Branch Head Salary - ₹11.6 Lakhs to ₹13.3 Lakhs per year
Future Generali India Life Insurance Branch Head Salary - ₹8.6 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Branch Head in companies similar to HDFC Ergo General Insurance in Mumbai?

HDFC Life Branch Head Salary - ₹8.0 Lakhs to ₹10.0 Lakhs per year
Reliance Nippon Life Insurance Branch Head Salary - ₹8.5 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Branch Head at HDFC Ergo General Insurance in Mumbai?

The estimated take-home salary of a Branch Head at HDFC Ergo General Insurance ranges between ₹75,818 per month to ₹77,782 per month in Mumbai. The take-home salary calculation is based on the average HDFC Ergo General Insurance Branch Head salary in India which ranges between ₹8.6 Lakhs to ₹11.8 Lakhs per year for employees with experience between 10 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Branch Head at HDFC Ergo General Insurance in Mumbai?

According to AmbitionBox, 100% of the HDFC Ergo General Insurance Branch Heads in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Branch Head Salaries in Mumbai

HDFC Ergo General Insurance Branch Head salary in Mumbai ranges between ₹8.6 Lakhs to ₹11.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.