HDFC Ergo General Insurance Deputy Manager Band 1 Salaries by 10+ Employees (Updated 2025)

3 - 13 years exp.

₹4.8 Lakhs - ₹7.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% more than the average Deputy Manager Band 1 Salary in Insurance Companies for 3 - 13 years of experience

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Salaries in different departments

Marketing & Communication Deputy Manager Band 1 Salary 5 - 8 years exp. (4 salaries)	₹6.2 L/yr - ₹7.5 L/yr
Sales & Business Development Deputy Manager Band 1 Salary 5 - 12 years exp. (3 salaries)	₹4.8 L/yr - ₹6 L/yr
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Healthcare & Life Sciences Deputy Manager Band 1 Salary 3 - 5 years exp. (3 salaries)	₹6.1 L/yr - ₹6.4 L/yr
Customer Success, Service & Operations Deputy Manager Band 1 Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹6.7 L/yr - ₹7 L/yr

Last Updated: 2 Feb 2025

Companies similar to HDFC Ergo General Insurance for Deputy Manager Band 1

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Deputy Manager Band 1 Salary 5 - 8 years exp. (5 salaries)	₹4.3 L/yr - ₹5.1 L/yr 24% less
HDFC Life Deputy Manager Band 1 Salary 6 - 11 years exp. (5 salaries)	₹5.8 L/yr - ₹8.3 L/yr 12% more
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ICICI Bank Deputy Manager Band 1 Salary 0 - 10 years exp. (1.1k salaries)	₹3 L/yr - ₹6.6 L/yr 15% less
HDFC Bank Deputy Manager Band 1 Salary 1 - 10 years exp. (80 salaries)	₹3.5 L/yr - ₹6.8 L/yr 15% less
Tata AIG Deputy Manager Band 1 Salary 2 - 8 years exp. (51 salaries)	₹2.5 L/yr - ₹4.7 L/yr 40% less

Deputy Manager Band 1 salary at HDFC Ergo General Insurance ranges between ₹4.8 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 12 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Deputy Manager Band 1 salaries

Last Updated: 2 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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5 years (3 salaries)	₹4.8 L/yr - ₹11.3 L/yr
6 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
9 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
10 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.3 L/yr
11 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
12 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
13 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

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₹2.25 L/yr - ₹9.55 L/yr

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₹2.5 L/yr - ₹5.43 L/yr

Relationship Manager Salary

(82 salaries)

₹2 L/yr - ₹6 L/yr

Quality Analyst Salary

(21 salaries)

₹1.9 L/yr - ₹4.55 L/yr

Service Engineer Salary

(3 salaries)

₹3.8 L/yr - ₹4.8 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Salary related reviews for HDFC Ergo General Insurance

4.4

Rated by 4 employees for salary & benefits

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

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

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 .

Customer Support Executive in Chennai

Full Time

CEM Department

4.0

• posted on 29 Oct 2018

3.0

for Salary and Benefits

Likes

1.Work environment was friendly & approach towards hierarchial level was easier. 2.Work-life balance was smooth. 3.Learning opportunity was awesome.

Promotions - Good

+1 more

Dislikes

1.Compensation is up to the experience & growth 2.Lot of politics 3.Managers take advantage with the strengths like if a person is work-aholic they ask to work more than working hours n burden with loads of work but doesn't appreciate or recognize the efforts 4.Focus on OJT is poor & the seniors had to guide the fresher's about the look & corner of the work process, due to politics the seniors effort go unnoticed.

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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HDFC Ergo General Insurance Deputy Manager Band 1 Salary FAQs

What is the salary of Deputy Manager Band 1 at HDFC Ergo General Insurance ?

The average salary of a Deputy Manager Band 1 at HDFC Ergo General Insurance in India typically ranges from ₹4.8 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Deputy Manager Band 1 at HDFC Ergo General Insurance earn more than ₹7.1 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Deputy Manager Band 1 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 10+ HDFC Ergo General Insurance employees in India.

What is the estimated take home salary of a Deputy Manager Band 1 at HDFC Ergo General Insurance in India?

The estimated take-home salary of a Deputy Manager Band 1 at HDFC Ergo General Insurance in India typically ranges from ₹48,299 to ₹49,441 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 3 years to 13 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 10+ salaries received from various employees of HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Ergo General Insurance for Deputy Manager Band 1 in India?

HDFC Life

₹5.8 Lakhs to ₹8.3 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 Deputy Manager Band 1 in companies similar to HDFC Ergo General Insurance in India?

The salary of a Deputy Manager Band 1 at companies similar to HDFC Ergo General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹3.5 Lakhs to ₹6.8 Lakhs per year
ICICI Bank	₹3.0 Lakhs to ₹6.6 Lakhs per year
Axis Max Life Insurance	₹4.3 Lakhs to ₹5.1 Lakhs per year
Tata AIG	₹2.5 Lakhs to ₹4.7 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 Deputy Manager Band 1 at HDFC Ergo General Insurance in India?

The salary growth for a Deputy Manager Band 1 at HDFC Ergo General Insurance depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Band 1 can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience	Average Salary Range
3 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
4 years	₹5.6 Lakhs to ₹7.2 Lakhs per year
5 years	₹4.8 Lakhs to ₹11.3 Lakhs per year
6 years	₹5.7 Lakhs to ₹7.2 Lakhs per year

and so on.

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HDFC Ergo General Insurance Deputy Manager Band 1 Salaries

HDFC Ergo General Insurance Deputy Manager Band 1 salary in India ranges between ₹4.8 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.