HDFC Ergo General Insurance Indore Branch Manager Salaries by 10 Employees (Updated 2025)

9 - 16 years exp.

₹6 Lakhs - ₹11 Lakhs

Salary of majority employees

15% less than the average Branch Manager Salary in Insurance Companies for 9 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 10 - 15 years exp. (7 salaries)	₹7.3 L/yr - ₹11 L/yr
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Sales & Business Development Branch Manager Salary 9 - 16 years exp. (3 salaries)	₹6 L/yr - ₹9 L/yr

Last Updated: 24 Jul 2024

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

HDFC Ergo General Insurance Branch Manager Salary

9 - 16 years exp. (10 salaries)

₹6 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Manager Salary 7 - 12 years exp. (10 salaries)	₹6.5 L/yr - ₹10.3 L/yr 9% more
The New India Assurance Co. Branch Manager Salary 9 - 11 years exp. (5 salaries)	₹14 L/yr - ₹18.5 L/yr 87% more
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Tata AIA Life Insurance Branch Manager Salary 11 - 18 years exp. (4 salaries)	₹7 L/yr - ₹14 L/yr 37% more	30 job openings
Future Generali India Life Insurance Branch Manager Salary 10 - 13 years exp. (4 salaries)	₹7 L/yr - ₹13.5 L/yr 6% more	1 job opening
Axis Max Life Insurance Branch Manager Salary 16 - 19 years exp. (3 salaries)	₹10.1 L/yr - ₹11.8 L/yr 28% more	2 job openings

Branch Manager salary at HDFC Ergo General Insurance ranges between ₹6 Lakhs to ₹11 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 10 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Branch Manager salaries in Indore

Last Updated: 24 Jul 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹6 L/yr - ₹14 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹9.2 L/yr
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11 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹9 L/yr
12 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹15.2 L/yr
13 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
14 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹11 L/yr
15+ years (4 salaries)	₹7.3 L/yr - ₹11 L/yr

View all

From

Branch Manager

₹

Lakhs/yr

8 - 18 years exp.

Regional Manager

₹

Lakhs/yr

11 - 20 years exp.

Branch Manager 8 - 18 years exp.

Area Manager 5 - 20 years exp.

-1% hike

Regional Manager 11 - 20 years exp.

57% hike

From

Branch Manager

8 - 18 years exp.

Senior Branch Manager

9 - 20 years exp.

View 2 more career paths

From

Branch Manager

8 - 18 years exp.

Area Sales Manager

7 - 17 years exp.

From

Branch Manager

8 - 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.

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary

(28 salaries)

₹4 L/yr - ₹8.5 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

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

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 Indore?

Branch Manager salary at HDFC Ergo General Insurance in Indore ranges between ₹6.0 Lakhs to ₹11.0 Lakhs for experience between 9 years to 16 years. According to our estimates it is 15% less than the average Branch Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of HDFC Ergo General Insurance Indore.

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

The average salary of a Branch Manager at HDFC Ergo General Insurance is 15% less than the average salary of a Branch Manager in Indore. 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 Indore.

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

The New India Assurance Co. Branch Manager Salary - ₹14.0 Lakhs to ₹18.5 Lakhs per year
Tata AIA Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
Axis Max Life Insurance Branch Manager Salary - ₹10.1 Lakhs to ₹11.8 Lakhs per year
HDFC Life Branch Manager Salary - ₹6.5 Lakhs to ₹10.3 Lakhs per year
Future Generali India Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹13.5 Lakhs per year

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

The estimated take-home salary of a Branch Manager at HDFC Ergo General Insurance ranges between ₹63,156 per month to ₹64,762 per month in Indore. The take-home salary calculation is based on the average HDFC Ergo General Insurance Branch Manager salary in India which ranges between ₹6.0 Lakhs to ₹11.0 Lakhs per year for employees with experience between 9 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the HDFC Ergo General Insurance Branch Managers in Indore reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Branch Manager Salaries in Indore

HDFC Ergo General Insurance Branch Manager salary in Indore ranges between ₹6 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.