HDFC Ergo General Insurance Vadodara Branch Manager Salaries by 4 Employees (Updated 2024)

12 - 15 years exp.

₹4.7 Lakhs - ₹9.7 Lakhs

Salary of majority employees

6% less than the average Branch Manager Salary in Insurance Companies for 12 - 15 years of experience

Interested in this particular role? 2 job openings

Last Updated: 11 Sep 2024

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

HDFC Ergo General Insurance Branch Manager Salary

12 - 15 years exp. (4 salaries)

₹4.7 L/yr - ₹9.7 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Branch Manager Salary 7 - 16 years exp. (18 salaries)	₹6.1 L/yr - ₹18.3 L/yr 59% more	2 job openings
Jana Small Finance Bank Branch Manager Salary 8 - 14 years exp. (8 salaries)	₹5.3 L/yr - ₹9.9 L/yr 2% less	2 job openings
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MAS Financial Services Branch Manager Salary 4 - 12 years exp. (8 salaries)	₹3.4 L/yr - ₹10 L/yr 33% less	9 job openings
REPCO HOME FINANCE Branch Manager Salary 8 - 11 years exp. (7 salaries)	₹7.6 L/yr - ₹12.7 L/yr 21% more
SPM Instrument Branch Manager Salary 17 - 22 years exp. (5 salaries)	₹7.5 L/yr - ₹9 L/yr 6% less

Branch Manager salary at HDFC Ergo General Insurance ranges between ₹4.7 Lakhs to ₹9.7 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Branch Manager salaries in Vadodara

Last Updated: 11 Sep 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹15.5 L/yr
13 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹15.8 L/yr
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14 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹16.2 L/yr
15+ years (AmbitionBox Estimate)	₹7.5 L/yr - ₹17 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Channel Sales Officer Salary

(3 salaries)

₹2.2 L/yr - ₹3.2 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.

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

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.

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.

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.

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

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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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Ergo General Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at HDFC Ergo General Insurance Vadodara?

Branch Manager salary at HDFC Ergo General Insurance in Vadodara ranges between ₹4.7 Lakhs to ₹9.7 Lakhs for experience between 12 years to 15 years. According to our estimates it is 6% less than the average Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance Vadodara.

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

The average salary of a Branch Manager at HDFC Ergo General Insurance is 6% less than the average salary of a Branch Manager in Vadodara. 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 Vadodara.

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

IDFC FIRST Bank Branch Manager Salary - ₹6.1 Lakhs to ₹18.3 Lakhs per year
REPCO HOME FINANCE Branch Manager Salary - ₹7.6 Lakhs to ₹12.7 Lakhs per year

What is the salary of a Branch Manager in companies similar to HDFC Ergo General Insurance in Vadodara?

Jana Small Finance Bank Branch Manager Salary - ₹5.3 Lakhs to ₹9.9 Lakhs per year
SPM Instrument Branch Manager Salary - ₹7.5 Lakhs to ₹9.0 Lakhs per year
MAS Financial Services Branch Manager Salary - ₹3.4 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Branch Manager at HDFC Ergo General Insurance ranges between ₹64,278 per month to ₹65,916 per month in Vadodara. The take-home salary calculation is based on the average HDFC Ergo General Insurance Branch Manager salary in India which ranges between ₹4.7 Lakhs to ₹9.7 Lakhs per year for employees with experience between 12 years to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the HDFC Ergo General Insurance Branch Managers in Vadodara reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Branch Manager Salaries in Vadodara

HDFC Ergo General Insurance Branch Manager salary in Vadodara ranges between ₹4.7 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.