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This company page is being actively managed by HDFC Ergo General Insurance Team. If you also belong to the team, you can get access from here

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3.9

based on 3.3k Reviews

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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
Avg. annual salary
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Monthly In-hand Salary

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21% less than the average Branch Manager Salary in Insurance Companies for 12 - 17 years of experience

Interested in this particular role?

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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₹7.2 L/yr - ₹8.5 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. (7 salaries)
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₹6.3 L/yr - ₹9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Branch Manager Salary

6 - 18 years exp. (43 salaries)
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₹6.2 L/yr - ₹12 L/yr

arrow icon 19% more
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ICICI Prudential Life Insurance Branch Manager Salary

3 - 18 years exp. (39 salaries)
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₹6.3 L/yr - ₹16.3 L/yr

arrow icon 52% more
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ICICI Lombard General Insurance Company Branch Manager Salary

5 - 16 years exp. (20 salaries)
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₹7 L/yr - ₹12.5 L/yr

arrow icon 16% more
 7 job openings
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Reliance Nippon Life Insurance Branch Manager Salary

7 - 17 years exp. (18 salaries)
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₹5 L/yr - ₹9.5 L/yr

arrow icon 12% less
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Kotak Mahindara Life Insurance Branch Manager Salary

5 - 18 years exp. (17 salaries)
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₹7.5 L/yr - ₹11.5 L/yr

arrow icon 15% more
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Star Health & Allied Insurance Branch Manager Salary

8 - 15 years exp. (13 salaries)
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₹6 L/yr - ₹11.7 L/yr

arrow icon 7% more
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Axis Max Life Insurance Branch Manager Salary

8 - 19 years exp. (10 salaries)
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₹8.5 L/yr - ₹13 L/yr

arrow icon 23% more
 1 job opening
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Bajaj Allianz Life Insurance Branch Manager Salary

6 - 10 years exp. (6 salaries)
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₹7.5 L/yr - ₹12 L/yr

arrow icon 15% more
 25 job openings
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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 27% more
 13 job openings
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Shriram Life Insurance Branch Manager Salary

7 - 14 years exp. (4 salaries)
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₹7.5 L/yr - ₹8 L/yr

arrow icon 7% less
 2 job openings
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Aditya Birla Sun Life Insurance Branch Manager Salary

7 - 13 years exp. (4 salaries)
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₹6.8 L/yr - ₹9.1 L/yr

arrow icon 1% less
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SBI Life Insurance Company Branch Manager Salary

8 - 14 years exp. (4 salaries)
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₹7.5 L/yr - ₹9.6 L/yr

arrow icon 11% 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 7 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

6mo ago
₹8 Lakhs
17 years exp.
1y ago
₹8.5 Lakhs
15 years exp.
1y ago
₹6.3 Lakhs
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 - ₹9.2 L/yr
13 years (AmbitionBox Estimate)

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₹7.4 L/yr - ₹9.4 L/yr
14 years (AmbitionBox Estimate)

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₹7.6 L/yr - ₹9.7 L/yr
15+ years (AmbitionBox Estimate)

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₹8 L/yr - ₹10.3 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

View 1 more level

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.

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary
(163 salaries)
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₹3.7 L/yr - ₹10 L/yr
Sales Manager Salary
(46 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
Cluster Manager Salary
(4 salaries)
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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

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.

read more
  • 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

read more
  • 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.

read more
  • 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.

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

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

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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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 New Delhi?
The average salary of a Branch Manager at HDFC Ergo General Insurance in New Delhi typically ranges from ₹6.3 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 12 years to 17 years).

The top 10% of Branch Manager in New Delhi at HDFC Ergo General Insurance earn more than ₹8.9 Lakhs per year, and the top 1% earn over ₹9.0 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 7 HDFC Ergo General Insurance employees in India.
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 in New Delhi typically ranges from ₹61,095 to ₹62,643 per month. This is based on the average salary range of ₹6.3 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 12 years to 17 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 7 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 New Delhi?
To be a Branch Manager at HDFC Ergo General Insurance in New Delhi, 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?
ICICI Prudential Life Insurance ₹6.3 Lakhs to ₹16.3 Lakhs per year
Tata AIA Life Insurance ₹9.5 Lakhs to ₹13.0 Lakhs per year
Axis Max Life Insurance ₹8.5 Lakhs to ₹13.0 Lakhs per year
HDFC Life ₹6.2 Lakhs to ₹12.0 Lakhs per year
ICICI Lombard General Insurance Company ₹7.0 Lakhs to ₹12.5 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 New Delhi?
The salary of a Branch Manager at companies similar to HDFC Ergo General Insurance in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindara Life Insurance ₹7.5 Lakhs to ₹11.5 Lakhs per year
Bajaj Allianz Life Insurance ₹7.5 Lakhs to ₹12.0 Lakhs per year
SBI Life Insurance Company ₹7.5 Lakhs to ₹9.6 Lakhs per year
Star Health & Allied Insurance ₹6.0 Lakhs to ₹11.7 Lakhs per year
Aditya Birla Sun Life Insurance ₹6.8 Lakhs to ₹9.1 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 New Delhi?
The salary growth for a Branch Manager at HDFC Ergo General Insurance in New Delhi depends on factors such as experience, performance, and promotions. On average, a Branch Manager in New Delhi can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience Average Salary Range
12 years ₹7.2 Lakhs to ₹9.2 Lakhs per year
13 years ₹7.4 Lakhs to ₹9.4 Lakhs per year
14 years ₹7.6 Lakhs to ₹9.7 Lakhs per year
15 years ₹8.0 Lakhs to ₹10.3 Lakhs per year
and so on.

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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 7 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.