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HDFC Ergo General Insurance Branch Manager salaries in New Delhi

Annual salary range
12 - 17 years exp.
₹6.3 Lakhs - ₹9 Lakhs
Salary of majority employees
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22% less than the average Branch Manager Salary in Insurance Companies for 12 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
12 - 14 years exp. (5 salaries)
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₹6.3 L/yr - ₹9 L/yr

Marketing & Communication
Branch Manager Salary
15 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹8.5 L/yr

Sales & Business Development
Branch Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹8 L/yr - ₹9.4 L/yr

Last Updated: 16 Sep 2024

Companies similar to HDFC Ergo General Insurance for Branch Manager in New Delhi

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HDFC Ergo General Insurance Branch Manager Salary

12 - 17 years exp. (8 salaries)

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₹6.3 L/yr - ₹9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹7 L/yr - ₹12.5 L/yr

arrow icon 19% more
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₹6.3 L/yr - ₹16.3 L/yr

arrow icon 51% more
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HDFC Life Branch Manager Salary

6 - 17 years exp. (39 salaries)

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₹6.2 L/yr - ₹12 L/yr

arrow icon 19% more
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₹5 L/yr - ₹9.5 L/yr

arrow icon 9% less
1 job opening
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₹7.5 L/yr - ₹11.5 L/yr

arrow icon 16% more
2 job openings
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₹6 L/yr - ₹11.7 L/yr

arrow icon 5% more
2 job openings
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Axis Max Life Insurance Branch Manager Salary

8 - 19 years exp. (11 salaries)

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₹8.5 L/yr - ₹13 L/yr

arrow icon 30% more
2 job openings
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₹8 L/yr - ₹12 L/yr

arrow icon 16% more
3 job openings
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PNB MetLife Branch Manager Salary

10 - 20 years exp. (7 salaries)

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₹9 L/yr - ₹12.5 L/yr

arrow icon 31% more
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₹7.5 L/yr - ₹12.5 L/yr

arrow icon 27% more
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Tata AIA Life Insurance Branch Manager Salary

13 - 16 years exp. (5 salaries)

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₹9.5 L/yr - ₹13 L/yr

arrow icon 44% more
30 job openings
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Shriram Life Insurance Branch Manager Salary

5 - 14 years exp. (5 salaries)

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₹3.6 L/yr - ₹8 L/yr

arrow icon 24% less
3 job openings
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₹7.5 L/yr - ₹12 L/yr

arrow icon 15% more
1 job opening
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₹8 L/yr - ₹9.4 L/yr

arrow icon 6% more
Branch Manager salary at HDFC Ergo General Insurance ranges between ₹6.3 Lakhs to ₹9 Lakhs per year for employees with experience between 12 years to 17 years. Salary estimates are based on 8 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Branch Manager in New Delhi

5mo ago
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17 years exp.
1y ago
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15 years exp.
1y ago
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13 years exp.
1y ago
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12 years exp.
1y ago
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14 years exp.
1y ago
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12 years exp.
1y ago
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13 years exp.

Experience wise HDFC Ergo General Insurance Branch Manager salaries in New Delhi

Last Updated: 16 Sep 2024

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹8.5 L/yr
13 years  (3 salaries)

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₹6.3 L/yr - ₹8.5 L/yr
14 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹9 L/yr
15+ years (AmbitionBox Estimate)

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₹8 L/yr - ₹16.1 L/yr
HDFC Ergo General Insurance Branch Manager Salary and Career Growth

From

To

Branch Manager

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8 - 18 years exp.

Regional Manager

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11 - 20 years exp.

Branch Manager 8 - 18 years exp.
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Area Manager 5 - 20 years exp.
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arrow icon -1% hike
    Regional Manager 11 - 20 years exp.
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    arrow icon 57% hike

    From

    To

    Branch Manager

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    8 - 18 years exp.

    Senior Branch Manager

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    9 - 20 years exp.

    View 2 more career paths

    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
    (159 salaries)
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    ₹3.7 L/yr - ₹10 L/yr
    Sales Manager Salary
    (47 salaries)
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    ₹2.4 L/yr - ₹6.6 L/yr
    Area Manager Salary
    (5 salaries)
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    ₹6 L/yr - ₹12.5 L/yr
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    ₹10 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

    Salary related reviews for HDFC Ergo General Insurance

    5.0

    Rated by 1 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 .

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    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 New Delhi?
    Branch Manager salary at HDFC Ergo General Insurance in New Delhi ranges between ₹6.3 Lakhs to ₹9.0 Lakhs for experience between 12 years to 17 years. According to our estimates it is 22% less than the average Branch Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of HDFC Ergo General Insurance New Delhi.
    How does the salary of a Branch Manager at HDFC Ergo General Insurance New Delhi compare with the average salary range for this job?
    The average salary of a Branch Manager at HDFC Ergo General Insurance is 22% less than the average salary of a Branch Manager in New Delhi. 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 New Delhi.
    Which similar companies are paying more than HDFC Ergo General Insurance to a Branch Manager in New Delhi?
    • ICICI Prudential Life Insurance Branch Manager Salary - ₹6.3 Lakhs to ₹16.3 Lakhs per year
    • Tata AIA Life Insurance Branch Manager Salary - ₹9.5 Lakhs to ₹13.0 Lakhs per year
    • PNB MetLife Branch Manager Salary - ₹9.0 Lakhs to ₹12.5 Lakhs per year
    • Axis Max Life Insurance Branch Manager Salary - ₹8.5 Lakhs to ₹13.0 Lakhs per year
    • SBI Life Insurance Company Branch Manager Salary - ₹7.5 Lakhs to ₹12.5 Lakhs per year
    What is the salary of a Branch Manager in companies similar to HDFC Ergo General Insurance in New Delhi?
    • HDFC Life Branch Manager Salary - ₹6.2 Lakhs to ₹12.0 Lakhs per year
    • ICICI Lombard General Insurance Company Branch Manager Salary - ₹7.0 Lakhs to ₹12.5 Lakhs per year
    • Niva Bupa Health Insurance Company Branch Manager Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
    • Kotak Mahindara Life Insurance Branch Manager Salary - ₹7.5 Lakhs to ₹11.5 Lakhs per year
    • Bajaj Allianz Life Insurance Branch Manager Salary - ₹7.5 Lakhs to ₹12.0 Lakhs per year
    What is the estimated take home salary of a Branch Manager at HDFC Ergo General Insurance in New Delhi?
    The estimated take-home salary of a Branch Manager at HDFC Ergo General Insurance ranges between ₹60,305 per month to ₹61,830 per month in New Delhi. The take-home salary calculation is based on the average HDFC Ergo General Insurance Branch Manager salary in India which ranges between ₹6.3 Lakhs to ₹9.0 Lakhs per year for employees with experience between 12 years to 17 years. Check how did we calculate take home salary?
    What is the notice period for Branch Manager at HDFC Ergo General Insurance in New Delhi?
    According to AmbitionBox, 67% of the HDFC Ergo General Insurance Branch Managers in New Delhi reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    HDFC Ergo General Insurance Branch Manager salary in New Delhi ranges between ₹6.3 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.