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HDFC Ergo General Insurance Branch Manager salaries in Bilaspur

Annual salary range
11 - 16 years exp.
₹8 Lakhs - ₹12.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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66% more than the average Branch Manager Salary in Insurance Companies for 11 - 16 years of experience

Interested in this particular role?

Last Updated: 15 Mar 2023

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

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HDFC Ergo General Insurance Branch Manager Salary

11 - 16 years exp. (5 salaries)

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₹8 L/yr - ₹12.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹3.5 L/yr

arrow icon 74% less
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ESAF Small Finance Bank Branch Manager Salary

5 - 10 years exp. (4 salaries)

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₹3.5 L/yr - ₹9.6 L/yr

arrow icon 37% less
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NU Vista Branch Manager Salary

15 - 17 years exp. (4 salaries)

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₹11 L/yr - ₹16 L/yr

arrow icon 8% more
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Fluxlite Nims Branch Manager Salary

17 - 18 years exp. (4 salaries)

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₹15 L/yr - ₹15.9 L/yr

arrow icon 37% more
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IIFL SAMASTA Branch Manager Salary

5 - 7 years exp. (3 salaries)

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₹3.5 L/yr - ₹4.5 L/yr

arrow icon 65% less
Branch Manager salary at HDFC Ergo General Insurance ranges between ₹8 Lakhs to ₹12.5 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Branch Manager salaries in Bilaspur

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹9.9 L/yr - ₹12.7 L/yr
12 years (AmbitionBox Estimate)

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₹10.1 L/yr - ₹12.9 L/yr
13 years (AmbitionBox Estimate)

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₹10.3 L/yr - ₹13.2 L/yr
14 years (AmbitionBox Estimate)

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₹10.5 L/yr - ₹13.4 L/yr
15+ years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹14 L/yr
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.

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

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
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HDFC Ergo General Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at HDFC Ergo General Insurance in Bilaspur?
The average salary of a Branch Manager at HDFC Ergo General Insurance in Bilaspur typically ranges from ₹8.0 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 11 years to 16 years).

The top 10% of Branch Manager in Bilaspur at HDFC Ergo General Insurance earn more than ₹12.5 Lakhs per year, and the top 1% earn over ₹12.5 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 5 HDFC Ergo General Insurance employees in India.
What is the estimated take home salary of a Branch Manager at HDFC Ergo General Insurance in Bilaspur?
The estimated take-home salary of a Branch Manager at HDFC Ergo General Insurance in Bilaspur typically ranges from ₹82,370 to ₹84,520 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 11 years to 16 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 5 salaries received from various employees of HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Branch Manager at HDFC Ergo General Insurance in Bilaspur?
To be a Branch Manager at HDFC Ergo General Insurance in Bilaspur, the key skills required include:

  • - 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.
Which companies offer higher salaries than HDFC Ergo General Insurance for Branch Manager in India?
Fluxlite Nims ₹15.0 Lakhs to ₹15.9 Lakhs per year
NU Vista ₹11.0 Lakhs to ₹16.0 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.
What is the salary of a Branch Manager in companies similar to HDFC Ergo General Insurance in Bilaspur?
The salary of a Branch Manager at companies similar to HDFC Ergo General Insurance in Bilaspur varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ESAF Small Finance Bank ₹3.5 Lakhs to ₹9.6 Lakhs per year
IIFL SAMASTA ₹3.5 Lakhs to ₹4.5 Lakhs per year
Shri Ram Finance Corporation ₹2.4 Lakhs to ₹3.5 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 Branch Manager at HDFC Ergo General Insurance in Bilaspur?
The salary growth for a Branch Manager at HDFC Ergo General Insurance in Bilaspur depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Bilaspur can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience Average Salary Range
11 years ₹9.9 Lakhs to ₹12.7 Lakhs per year
12 years ₹10.1 Lakhs to ₹12.9 Lakhs per year
13 years ₹10.3 Lakhs to ₹13.2 Lakhs per year
14 years ₹10.5 Lakhs to ₹13.4 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Ergo General Insurance Branch Manager salary in Bilaspur ranges between ₹8 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.