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HDFC Ergo General Insurance Branch Manager salaries in India (Updated 2025)

Annual salary range
9 - 18 years exp.
₹4.7 Lakhs - ₹14.5 Lakhs
Salary of majority employees
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At par with the average Branch Manager Salary in Insurance Companies for 9 - 18 years of experience

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Salaries in different departments

Sales & Business Development
Branch Manager Salary
9 - 18 years exp. (85 salaries)
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₹5.4 L/yr - ₹14 L/yr

BFSI, Investments & Trading
Branch Manager Salary
9 - 18 years exp. (78 salaries)
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₹4.7 L/yr - ₹14.5 L/yr

Marketing & Communication
Branch Manager Salary
10 - 16 years exp. (6 salaries)
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₹6.3 L/yr - ₹9.6 L/yr

Last Updated: 27 Feb 2025

Companies similar to HDFC Ergo General Insurance for Branch Manager

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₹4.5 L/yr - ₹13 L/yr

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3 job openings
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₹4.3 L/yr - ₹12.5 L/yr

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5 job openings
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₹5.2 L/yr - ₹16 L/yr

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Tata AIG Branch Manager Salary

7 - 16 years exp. (67 salaries)

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₹5.9 L/yr - ₹12 L/yr

arrow icon 4% less
1 job opening
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₹6.3 L/yr - ₹18.8 L/yr

arrow icon 33% more
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HDFC Life Branch Manager Salary

6 - 18 years exp. (260 salaries)

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₹5.3 L/yr - ₹12.5 L/yr

arrow icon 4% more
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₹4.5 L/yr - ₹13.5 L/yr

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1 job opening
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₹3.8 L/yr - ₹11.5 L/yr

arrow icon 17% less
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SBI Life Insurance Company Branch Manager Salary

7 - 24 years exp. (169 salaries)

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₹6.5 L/yr - ₹15.7 L/yr

arrow icon 18% more
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Tata AIA Life Insurance Branch Manager Salary

9 - 19 years exp. (156 salaries)

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₹5 L/yr - ₹17.7 L/yr

arrow icon 32% more
18 job openings
View all
Branch Manager salary at HDFC Ergo General Insurance ranges between ₹4.7 Lakhs to ₹14.5 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 194 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Branch Manager

1w ago
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14 years exp.
2w ago
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14 years exp.
3w ago
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12 years exp.
1mo ago
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14 years exp.
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18 years exp.
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9 years exp.
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14 years exp.
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18 years exp.
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16 years exp.
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18 years exp.

Experience wise HDFC Ergo General Insurance Branch Manager salaries

Last Updated: 27 Feb 2025

Experience Avg Annual Salary
9 years  (18 salaries)

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₹5.4 L/yr - ₹11 L/yr
10 years  (22 salaries)

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₹5.5 L/yr - ₹11 L/yr
11 years  (16 salaries)

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₹5.3 L/yr - ₹12.5 L/yr
12 years  (29 salaries)

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₹4.7 L/yr - ₹13.3 L/yr
13 years  (20 salaries)

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₹4.7 L/yr - ₹12.5 L/yr
View all
HDFC Ergo General Insurance Branch Manager Salary and Career Growth

From

To

Branch Manager

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9 - 18 years exp.

Area Sales Manager

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7 - 17 years exp.

From

To

Branch Manager

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9 - 18 years exp.

Regional Manager

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11 - 20 years exp.

From

To

Branch Manager

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9 - 18 years exp.

Senior Branch Manager

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9 - 20 years exp.

From

To

Branch Manager

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9 - 18 years exp.

Cluster Head

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8 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDFC Ergo General Insurance

Area Manager Salary
(40 salaries)
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₹6 L/yr - ₹12.5 L/yr
Sales Manager Salary
(284 salaries)
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₹2.2 L/yr - ₹7.7 L/yr
Branch Incharge Salary
(AmbitionBox Estimate)
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₹9.2 L/yr - ₹11.7 L/yr
Branch Head Salary
(8 salaries)
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₹6.3 L/yr - ₹11.8 L/yr
Deputy Manager Salary
(959 salaries)
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₹3 L/yr - ₹10.25 L/yr
Chief Manager Salary
(AmbitionBox Estimate)
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₹9.8 L/yr - ₹12.5 L/yr
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₹3.7 L/yr - ₹11 L/yr
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₹7 L/yr - ₹15 L/yr
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₹4.3 L/yr - ₹6.09 L/yr
Cluster Manager Salary
(21 salaries)
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₹4.1 L/yr - ₹13.5 L/yr

Top skills at HDFC Ergo General Insurance for Branch Manager

Branch Management Branch Handling Insurance Sales Heading Branch Agency Channel Agency Sales Agent Recruitment Sales Health Insurance Team Handling General Insurance Area Management Territory Management Life Insurance Regional Management
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Salary related reviews for HDFC Ergo General Insurance

4.1

Rated by 52 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +6 more

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

read more
  • Skill development - Bad
  • +4 more

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.

read more
  • Skill development - Poor
  • +1 more

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.

read more
  • 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 .

read more

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

read more
see more salary related reviews

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HDFC Ergo General Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at HDFC Ergo General Insurance?
Branch Manager salary at HDFC Ergo General Insurance in India ranges between ₹4.7 Lakhs to ₹14.5 Lakhs for experience between 9 years to 18 years. According to our estimates it is 1% less than the average Branch Manager Salary in India. Salary estimates are based on 194 latest salaries received from various employees of HDFC Ergo General Insurance India.
How does the salary of a Branch Manager at HDFC Ergo General Insurance India compare with the average salary range for this job?
The average salary of a Branch Manager at HDFC Ergo General Insurance is 1% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Manager at HDFC Ergo General Insurance?
Branch Management, Branch Handling, Insurance Sales, Heading Branch and Agency Channel are some of the popular skills required to work as a Branch Manager at HDFC Ergo General Insurance India.
Which similar companies are paying more than HDFC Ergo General Insurance to a Branch Manager in India?
  • The New India Assurance Co. Branch Manager Salary - ₹10.0 Lakhs to ₹18.5 Lakhs per year
  • United India Insurance Company Branch Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
  • The Oriental Insurance Co. Branch Manager Salary - ₹11.2 Lakhs to ₹12.9 Lakhs per year
  • ICICI Prudential Life Insurance Branch Manager Salary - ₹6.3 Lakhs to ₹18.8 Lakhs per year
  • Tata AIA Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹17.7 Lakhs per year
What is the salary of a Branch Manager in companies similar to HDFC Ergo General Insurance in India?
  • National Insurance Company Branch Manager Salary - ₹11.0 Lakhs to ₹15.1 Lakhs per year
  • SBI Life Insurance Company Branch Manager Salary - ₹6.5 Lakhs to ₹15.7 Lakhs per year
  • Canara HSBC Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹12.5 Lakhs per year
  • Axis Max Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
  • Reliance General Insurance Branch Manager Salary - ₹5.2 Lakhs to ₹16.0 Lakhs per year
What is the estimated take home salary of a Branch Manager at HDFC Ergo General Insurance in India?
The estimated take-home salary of a Branch Manager at HDFC Ergo General Insurance ranges between ₹66,354 per month to ₹68,050 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Branch Manager salary in India which ranges between ₹4.7 Lakhs to ₹14.5 Lakhs per year for employees with experience between 9 years to 18 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at HDFC Ergo General Insurance?
According to AmbitionBox, 60% of the HDFC Ergo General Insurance Branch Managers reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 147 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Branch Manager salary in India ranges between ₹4.7 Lakhs to ₹14.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 194 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.

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