Monthly In-hand Salary
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.
(83
salaries)
|  ₹5.4 L/yr - ₹14 L/yr |
BFSI, Investments & Trading
Branch Manager Salary
9 - 18
years
exp.
(76
salaries)
| ₹4.7 L/yr - ₹14.5 L/yr |
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| |
Marketing & Communication
Branch Manager Salary
10 - 16
years
exp.
(6
salaries)
| ₹6.3 L/yr - ₹9.6 L/yr |
Companies similar to HDFC Ergo General Insurance for Branch Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Branch Manager Salary
3 - 18 years exp. (421 salaries) | ₹6.5 L/yr - ₹18.8 L/yr 
34%
more | |
 HDFC Life Branch Manager Salary
6 - 18 years exp. (259 salaries) | ₹5.3 L/yr - ₹12.5 L/yr
3%
more | |
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| ||
 Star Health & Allied Insurance Branch Manager Salary
7 - 18 years exp. (112 salaries) | ₹4 L/yr - ₹11.7 L/yr 
12%
less | |
 ICICI Lombard General Insurance Company Branch Manager Salary
5 - 17 years exp. (213 salaries) | ₹5 L/yr - ₹13 L/yr
1%
less | 4 job openings |
 Kotak Mahindara Life Insurance Branch Manager Salary
3 - 18 years exp. (204 salaries) | ₹5 L/yr - ₹13.5 L/yr
2%
more | |
 Reliance Nippon Life Insurance Branch Manager Salary
7 - 19 years exp. (200 salaries) | ₹3.8 L/yr - ₹10 L/yr
18%
less | |
 SBI Life Insurance Company Branch Manager Salary
7 - 24 years exp. (171 salaries) | ₹6.5 L/yr - ₹15.7 L/yr
18%
more | |
 Tata AIA Life Insurance Branch Manager Salary
6 - 20 years exp. (191 salaries) | ₹5 L/yr - ₹17.7 L/yr
34%
more | 13 job openings |
 Axis Max Life Insurance Branch Manager Salary
8 - 19 years exp. (139 salaries) | ₹7 L/yr - ₹14 L/yr
13%
more | 1 job opening |
 Bajaj Allianz Life Insurance Branch Manager Salary
7 - 18 years exp. (126 salaries) | ₹4.5 L/yr - ₹12.9 L/yr
9%
less | 17 job openings |
 Aditya Birla Sun Life Insurance Branch Manager Salary
5 - 17 years exp. (145 salaries) | ₹4.5 L/yr - ₹11.5 L/yr
1%
less | |
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| ||
 Shriram Life Insurance Branch Manager Salary
6 - 16 years exp. (83 salaries) | ₹2.2 L/yr - ₹9.5 L/yr
32%
less | 2 job openings |
 The New India Assurance Co. Branch Manager Salary
5 - 10 years exp. (10 salaries) | ₹10 L/yr - ₹18.5 L/yr
74%
more | |
 United India Insurance Company Branch Manager Salary
4 - 10 years exp. (7 salaries) | ₹9 L/yr - ₹20 L/yr
73%
more | |
 Kotak Mahindra General Insurance Branch Manager Salary
4 - 18 years exp. (6 salaries) | ₹5.9 L/yr - ₹8.6 L/yr
21%
less | |
 The Oriental Insurance Co. Branch Manager Salary
9 - 30 years exp. (4 salaries) | ₹11.2 L/yr - ₹12.9 L/yr
42%
more | |
 Spectrum Insurance Distribution Branch Manager Salary
10 - 15 years exp. (4 salaries) | ₹3.5 L/yr - ₹5.3 L/yr
53%
less | |
Latest annual salaries shared by HDFC Ergo General Insurance Branch Manager
Experience wise HDFC Ergo General Insurance Branch Manager salaries
Last Updated: 15 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 9 years (17 salaries) |
₹5.4
L/yr
- ₹11
L/yr
|
| 10 years (22 salaries) |
₹5.5
L/yr
- ₹11
L/yr
|
Login to view exact salary
| |
| 11 years (16 salaries) |
₹5.3
L/yr
- ₹12.5
L/yr
|
| 12 years (29 salaries) |
₹4.7
L/yr
- ₹13.3
L/yr
|
| 13 years (19 salaries) |
₹4.7
L/yr
- ₹12.5
L/yr
|
From
To
Branch Manager
9 - 18 years exp.
Area Sales Manager
7 - 17 years exp.
From
View 1 more level
To
Branch Manager
9 - 18 years exp.
Regional Manager
11 - 20 years exp.
From
To
Branch Manager
9 - 18 years exp.
Senior Branch Manager
9 - 20 years exp.
From
To
Branch Manager
9 - 18 years exp.
Cluster Head
8 - 18 years exp.
Similar Designation salaries in HDFC Ergo General Insurance
Top skills at HDFC Ergo General Insurance for Branch Manager
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HDFC Ergo General Insurance Branch Manager Salary FAQs
The top 10% of Branch Manager at HDFC Ergo General Insurance earn more than ₹11.6 Lakhs per year, and the top 1% earn over ₹13.7 Lakhs per year. Branch Manager Salaries at HDFC Ergo General 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 100+ HDFC Ergo General Insurance employees in India.
- - Branch Management
- - Branch Handling
- - Insurance Sales
- - Heading Branch
- - Agency Channel
These skills are highly valued at HDFC Ergo General Insurance and are crucial for successful performance in a Software Engineering role.
| The New India Assurance Co. | ₹10.0 Lakhs to ₹18.5 Lakhs per year |
| United India Insurance Company | ₹9.0 Lakhs to ₹20.0 Lakhs per year |
| The Oriental Insurance Co. | ₹11.2 Lakhs to ₹12.9 Lakhs per year |
| Tata AIA Life Insurance | ₹5.0 Lakhs to ₹17.7 Lakhs per year |
| ICICI Prudential Life Insurance | ₹6.5 Lakhs to ₹18.8 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Ergo General Insurance, depending on the role and experience level.
| SBI Life Insurance Company | ₹6.5 Lakhs to ₹15.7 Lakhs per year |
| Axis Max Life Insurance | ₹7.0 Lakhs to ₹14.0 Lakhs per year |
| HDFC Life | ₹5.3 Lakhs to ₹12.5 Lakhs per year |
| Kotak Mahindara Life Insurance | ₹5.0 Lakhs to ₹13.5 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹5.0 Lakhs to ₹13.0 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.
| Experience | Average Salary Range |
|---|---|
| 9 years | ₹5.4 Lakhs to ₹11.0 Lakhs per year |
| 10 years | ₹5.5 Lakhs to ₹11.0 Lakhs per year |
| 11 years | ₹5.3 Lakhs to ₹12.5 Lakhs per year |
| 12 years | ₹4.7 Lakhs to ₹13.3 Lakhs per year |
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HDFC Ergo General Insurance Branch Manager Salaries by Location
- HDFC Ergo General Insurance Branch Manager salaries in Mumbai
- HDFC Ergo General Insurance Branch Manager salaries in Indore
- HDFC Ergo General Insurance Branch Manager salaries in Kolkata
- HDFC Ergo General Insurance Branch Manager salaries in Chandigarh
- HDFC Ergo General Insurance Branch Manager salaries in New Delhi
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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
₹. Salary estimates are based on
190
HDFC Ergo General Insurance latest salaries received from various employees of
HDFC Ergo General Insurance.