HDFC Ergo General Insurance Deputy Manager II Salaries by 6 Employees (Updated 2025)

3 - 5 years exp.

₹4.3 Lakhs - ₹6.4 Lakhs

Low Confidence

Salary of majority employees

28% less than the average Deputy Manager II Salary in Insurance Companies for 3 - 5 years of experience

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Last Updated: 1 Feb 2025

Companies similar to HDFC Ergo General Insurance for Deputy Manager II

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Deputy Manager II Salary 3 - 6 years exp. (5 salaries)	₹4 L/yr - ₹6 L/yr 6% less
Kotak Mahindara Life Insurance Deputy Manager II Salary 0 - 9 years exp. (5 salaries)	₹3.2 L/yr - ₹5 L/yr 27% less
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ICICI Prudential Life Insurance Deputy Manager II Salary 0 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹8.3 L/yr 18% more
HDFC Life Deputy Manager II Salary 1 - 4 years exp. (3 salaries)	₹6 L/yr - ₹8.5 L/yr 32% more
ICICI Bank Deputy Manager II Salary 0 - 14 years exp. (2k salaries)	₹2.8 L/yr - ₹11 L/yr 40% more

Deputy Manager II salary at HDFC Ergo General Insurance ranges between ₹4.3 Lakhs to ₹6.4 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Deputy Manager II salaries

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
4 years (3 salaries)	₹4.3 L/yr - ₹5.6 L/yr
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5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

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Salary related reviews for HDFC Ergo General Insurance

4.0

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

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

Virtual Relationship Manager in Noida

Agency Channel Department

3.0

• posted on 09 Sep 2021

2.0

for Salary and Benefits

Likes

It's just brand name in market. You will get salaries on time

Dislikes

no work life balance ,they can cancel ur holidays at any time, all last Sunday working in every month end for no use. Pathetic leadership, Poor HR policies.

Salary - Poor

+6 more

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HDFC Ergo General Insurance Deputy Manager II Salary FAQs

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

The average salary of a Deputy Manager II at HDFC Ergo General Insurance in India typically ranges from ₹4.3 Lakhs to ₹6.4 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Deputy Manager II at HDFC Ergo General Insurance earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹6.4 Lakhs per year. Deputy Manager II 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 6 HDFC Ergo General Insurance employees in India.

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

The estimated take-home salary of a Deputy Manager II at HDFC Ergo General Insurance in India typically ranges from ₹39,128 to ₹40,306 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹6.4 Lakhs per year for employees with experience ranging from 3 years to 5 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 6 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 II in India?

ICICI Bank	₹2.8 Lakhs to ₹11.0 Lakhs per year
HDFC Life	₹6.0 Lakhs to ₹8.5 Lakhs per year
ICICI Prudential Life Insurance	₹4.5 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 II in companies similar to HDFC Ergo General Insurance in India?

The salary of a Deputy Manager II 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:

Axis Max Life Insurance	₹4.0 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindara Life Insurance	₹3.2 Lakhs to ₹5.0 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 II at HDFC Ergo General Insurance in India?

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

Experience	Average Salary Range
3 years	₹5.3 Lakhs to ₹6.7 Lakhs per year
4 years	₹4.3 Lakhs to ₹5.6 Lakhs per year
5 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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HDFC Ergo General Insurance Deputy Manager II Salaries

HDFC Ergo General Insurance Deputy Manager II salary in India ranges between ₹4.3 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.