HDFC Ergo General Insurance Deputy Manager Band 2 Salaries by 5 Employees (Updated 2025)

0 - 7 years exp.

₹5.6 Lakhs - ₹7.5 Lakhs

Low Confidence

Salary of majority employees

9% less than the average Deputy Manager Band 2 Salary in Insurance Companies for 0 - 7 years of experience

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Last Updated: 10 Feb 2025

Companies similar to HDFC Ergo General Insurance for Deputy Manager Band 2

Company name	Avg Annual Salary	Open Jobs
Tata AIG Deputy Manager Band 2 Salary 4 - 12 years exp. (5 salaries)	₹3.7 L/yr - ₹6.5 L/yr 26% less
Axis Max Life Insurance Deputy Manager Band 2 Salary 10 - 12 years exp. (3 salaries)	₹3.4 L/yr - ₹4.4 L/yr 44% less
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ICICI Bank Deputy Manager Band 2 Salary 0 - 14 years exp. (1.3k salaries)	₹3 L/yr - ₹11.3 L/yr 10% more
HDFC Bank Deputy Manager Band 2 Salary 2 - 10 years exp. (65 salaries)	₹3.8 L/yr - ₹7.3 L/yr 13% less
WNS Deputy Manager Band 2 Salary 6 - 14 years exp. (32 salaries)	₹9.5 L/yr - ₹19.5 L/yr 109% more

Deputy Manager Band 2 salary at HDFC Ergo General Insurance ranges between ₹5.6 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Deputy Manager Band 2 salaries

Last Updated: 10 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹7.5 L/yr - ₹7.5 L/yr
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹7.5 L/yr
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2 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
3 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
4 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹12 L/yr
5 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.3 L/yr
7 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹10.5 L/yr

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Salary related reviews for HDFC Ergo General Insurance

2.0

Rated by 1 employees for salary & benefits

Agency Manager in Bhopal

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 17 Oct 2023

3.0

for Salary and Benefits

Likes

The company thinks very highly of its customers

Work satisfaction - Good

Dislikes

company is providing new employees with higher compensation packages than existing employees, without offering any increment to the latter. This can create dissatisfaction among the older employees.

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

Associate Agency Development Manager in Nagpur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 13 Oct 2020

3.0

for Salary and Benefits

Likes

Nothing good only Hard work and low salary and not showing terms and condition to employee very bad experience don't joint and if you get promotion but salary not increase and no allowance, no bonus. And fraud company please don't joint

Dislikes

Don't joint fraud company very bad experience.

Promotions - Poor

+2 more

Insurance Sales Officer in Trichy

BFSI, Investments & Trading Department

5.0

• posted on 29 Jun 2022

3.0

for Salary and Benefits

Likes

Its a branded company and like to work

Skill development - Excellent

+1 more

Dislikes

...a good company but low level (Exicutive) employees salary and bonus is very low.he is a field work but final year bonus is only for variable pay in percentage only is not satisfied for working.higher authorities CTC is high so easily get a anual bonus is high.kindly analysis this structure.

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

see more salary related reviews

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Top trending discussions

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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 2 Salary FAQs

What is the salary of Deputy Manager Band 2 at HDFC Ergo General Insurance?

Deputy Manager Band 2 salary at HDFC Ergo General Insurance in India ranges between ₹5.6 Lakhs to ₹7.5 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 9% less than the average Deputy Manager Band 2 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDFC Ergo General Insurance India.

How does the salary of a Deputy Manager Band 2 at HDFC Ergo General Insurance India compare with the average salary range for this job?

The average salary of a Deputy Manager Band 2 at HDFC Ergo General Insurance is 9% less than the average salary of a Deputy Manager Band 2 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 2 in India?

WNS Deputy Manager Band 2 Salary - ₹9.5 Lakhs to ₹19.5 Lakhs per year
ICICI Bank Deputy Manager Band 2 Salary - ₹3.0 Lakhs to ₹11.3 Lakhs per year

What is the salary of a Deputy Manager Band 2 in companies similar to HDFC Ergo General Insurance in India?

HDFC Bank Deputy Manager Band 2 Salary - ₹3.8 Lakhs to ₹7.3 Lakhs per year
Tata AIG Deputy Manager Band 2 Salary - ₹3.7 Lakhs to ₹6.5 Lakhs per year
Axis Max Life Insurance Deputy Manager Band 2 Salary - ₹3.4 Lakhs to ₹4.4 Lakhs per year

What is the estimated take home salary of a Deputy Manager Band 2 at HDFC Ergo General Insurance in India?

The estimated take-home salary of a Deputy Manager Band 2 at HDFC Ergo General Insurance ranges between ₹51,703 per month to ₹52,922 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Deputy Manager Band 2 salary in India which ranges between ₹5.6 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager Band 2 at HDFC Ergo General Insurance?

According to AmbitionBox, 71% of the HDFC Ergo General Insurance Deputy Manager Band 2s reported a notice period of 3 Months, 29% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Deputy Manager Band 2 Salaries

HDFC Ergo General Insurance Deputy Manager Band 2 salary in India ranges between ₹5.6 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.