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

3 - 13 years exp.

₹4.8 Lakhs - ₹7.5 Lakhs

Salary of majority employees

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
Bajaj Allianz General Insurance Deputy Manager Band 1 Salary 2 - 12 years exp. (4 salaries)	₹4.5 L/yr - ₹12 L/yr 46% more
Tata AIG Deputy Manager Band 1 Salary 2 - 8 years exp. (50 salaries)	₹2.5 L/yr - ₹4.7 L/yr 42% less
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SBI General Insurance Deputy Manager Band 1 Salary 7 - 10 years exp. (4 salaries)	₹5 L/yr - ₹5.5 L/yr 17% less
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

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)	₹6.1 L/yr - ₹11.2 L/yr
4 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹11.2 L/yr
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5 years (3 salaries)	₹4.8 L/yr - ₹11.3 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.9 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)	₹5.5 L/yr - ₹11.5 L/yr
12 years (AmbitionBox Estimate)	₹6 L/yr - ₹7 L/yr
13 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7 L/yr

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Similar Designation salaries in HDFC Ergo General Insurance

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Relationship Manager Salary

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₹1.85 L/yr - ₹5.64 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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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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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?

Deputy Manager Band 1 salary at HDFC Ergo General Insurance in India ranges between ₹4.8 Lakhs to ₹7.5 Lakhs for experience between 3 years to 13 years. According to our estimates it is 15% more than the average Deputy Manager Band 1 Salary in India. Salary estimates are based on 12 latest salaries received from various employees of HDFC Ergo General Insurance India.

How does the salary of a Deputy Manager Band 1 at HDFC Ergo General Insurance India compare with the average salary range for this job?

The average salary of a Deputy Manager Band 1 at HDFC Ergo General Insurance is 15% more than the average salary of a Deputy Manager Band 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Ergo General Insurance to a Deputy Manager Band 1 in India?

Bajaj Allianz General Insurance Deputy Manager Band 1 Salary - ₹4.5 Lakhs to ₹12.0 Lakhs per year
HDFC Life Deputy Manager Band 1 Salary - ₹5.8 Lakhs to ₹8.3 Lakhs per year

What is the salary of a Deputy Manager Band 1 in companies similar to HDFC Ergo General Insurance in India?

SBI General Insurance Deputy Manager Band 1 Salary - ₹5.0 Lakhs to ₹5.5 Lakhs per year
Axis Max Life Insurance Deputy Manager Band 1 Salary - ₹4.3 Lakhs to ₹5.1 Lakhs per year
Tata AIG Deputy Manager Band 1 Salary - ₹2.5 Lakhs to ₹4.7 Lakhs per year

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 ranges between ₹48,299 per month to ₹49,441 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Deputy Manager Band 1 salary in India which ranges between ₹4.8 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager Band 1 at HDFC Ergo General Insurance?

According to AmbitionBox, 93% of the HDFC Ergo General Insurance Deputy Manager Band 1s reported a notice period of 3 Months, 7% reported a notice period of 15 days or less.This is based on 15 responses on AmbitionBox in last 2 years.

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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.