HDFC Ergo General Insurance Balasore Branch Manager Salaries by 3 Employees (Updated 2025)

10 - 15 years exp.

₹8.5 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

28% more than the average Branch Manager Salary in Insurance Companies for 10 - 15 years of experience

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Salaries in different departments

Sales & Business Development Branch Manager Salary 10 - 15 years exp. (AmbitionBox Estimate)	₹8.7 L/yr - ₹10 L/yr
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BFSI, Investments & Trading Branch Manager Salary 14 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹10 L/yr

Last Updated: 17 Mar 2024

Companies similar to HDFC Ergo General Insurance for Branch Manager in Balasore

HDFC Ergo General Insurance Branch Manager Salary

10 - 15 years exp. (3 salaries)

₹8.5 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
ABIS Exports Branch Manager Salary 10 - 15 years exp. (4 salaries)	₹4.3 L/yr - ₹5.6 L/yr 50% less
Icl Fincorp Branch Manager Salary 5 - 7 years exp. (4 salaries)	₹3.1 L/yr - ₹4.2 L/yr 59% less	6 job openings
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Vistaar Finance Branch Manager Salary 7 - 9 years exp. (3 salaries)	₹6 L/yr - ₹7.5 L/yr 29% less
Star Union Dai-ichi Life Insurance Branch Manager Salary 13 - 17 years exp. (3 salaries)	₹8 L/yr - ₹10.5 L/yr 5% less
Full Time Branch Manager Salary 5 - 8 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr 72% less

Branch Manager salary at HDFC Ergo General Insurance ranges between ₹8.5 Lakhs to ₹10 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Branch Manager salaries in Balasore

Last Updated: 17 Mar 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.7 L/yr
11 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
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12 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
13 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
14 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹16.9 L/yr
15+ years (AmbitionBox Estimate)	₹4 L/yr - ₹10 L/yr

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From

Branch Manager

₹

Lakhs/yr

9 - 18 years exp.

Regional Manager

₹

Lakhs/yr

11 - 20 years exp.

Branch Manager 9 - 18 years exp.

Area Manager 5 - 20 years exp.

-2% hike

Regional Manager 11 - 20 years exp.

57% hike

From

Branch Manager

9 - 18 years exp.

Senior Branch Manager

9 - 20 years exp.

View 2 more career paths

From

Branch Manager

9 - 18 years exp.

Area Sales Manager

7 - 18 years exp.

From

Branch Manager

9 - 18 years exp.

Cluster Head

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.

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

Salary related reviews for HDFC Ergo General Insurance

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

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

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

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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HDFC Ergo General Insurance Branch Manager Salary FAQs

What is the notice period for Branch Manager at HDFC Ergo General Insurance in Balasore?

According to AmbitionBox, 50% of the HDFC Ergo General Insurance Branch Managers in Balasore reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Branch Manager Salaries in Balasore

HDFC Ergo General Insurance Branch Manager salary in Balasore ranges between ₹8.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.