HDFC Ergo General Insurance Mumbai Deputy Vice President Salaries by 70+ Employees (Updated 2025)

14 - 22 years exp.

₹18 Lakhs - ₹44.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Deputy Vice President Salary in Insurance Companies for 14 - 22 years of experience

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Salaries in different departments

Sales & Business Development Deputy Vice President Salary 14 - 21 years exp. (21 salaries)	₹20 L/yr - ₹39 L/yr
Strategic & Top Management Deputy Vice President Salary 16 - 22 years exp. (8 salaries)	₹24.5 L/yr - ₹36.7 L/yr
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Project & Program Management Deputy Vice President Salary 17 - 21 years exp. (5 salaries)	₹31.8 L/yr - ₹44.9 L/yr
BFSI, Investments & Trading Deputy Vice President Salary 14 - 17 years exp. (4 salaries)	₹22 L/yr - ₹34.4 L/yr
Finance & Accounting Deputy Vice President Salary 14 - 17 years exp. (4 salaries)	₹30.4 L/yr - ₹38 L/yr

View all

Last Updated: 2 Apr 2025

Companies similar to HDFC Ergo General Insurance for Deputy Vice President in Mumbai

HDFC Ergo General Insurance Deputy Vice President Salary

14 - 22 years exp. (75 salaries)

₹18 L/yr - ₹44.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Deputy Vice President Salary 11 - 20 years exp. (67 salaries)	₹13 L/yr - ₹44 L/yr 7% less
ICICI Lombard General Insurance Company Deputy Vice President Salary 14 - 23 years exp. (59 salaries)	₹22 L/yr - ₹56 L/yr 31% more
Login to view exact salary
Kotak Mahindra General Insurance Deputy Vice President Salary 7 - 23 years exp. (15 salaries)	₹21 L/yr - ₹35 L/yr 11% less
Aditya Birla Sun Life Insurance Deputy Vice President Salary 14 - 18 years exp. (3 salaries)	₹27.7 L/yr - ₹55 L/yr 25% more
HDFC Bank Deputy Vice President Salary 10 - 24 years exp. (501 salaries)	₹20 L/yr - ₹58 L/yr 23% more

Deputy Vice President salary at HDFC Ergo General Insurance ranges between ₹18 Lakhs to ₹44.9 Lakhs per year for employees with experience between 14 years to 22 years. Salary estimates are based on 75 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Deputy Vice President in Mumbai

1w ago

₹42 Lakhs

19 years exp.

3w ago

₹30.2 Lakhs

16 years exp.

3w ago

₹27.5 Lakhs

20 years exp.

1mo ago

₹20 Lakhs

18 years exp.

1mo ago

₹35 Lakhs

15 years exp.

1mo ago

15 years exp.

2mo ago

18 years exp.

2mo ago

19 years exp.

2mo ago

15 years exp.

2mo ago

16 years exp.

Experience wise HDFC Ergo General Insurance Deputy Vice President salaries in Mumbai

Last Updated: 2 Apr 2025

Experience	Avg Annual Salary
14 years (8 salaries)	₹19.9 L/yr - ₹40.3 L/yr
Login to view exact salary
15+ years (67 salaries)	₹18 L/yr - ₹44.9 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary

(260 salaries)

₹3 L/yr - ₹10.25 L/yr

Assistant Vice President Salary

(78 salaries)

₹11.7 L/yr - ₹39 L/yr

Associate Vice President Salary

(12 salaries)

₹12.95 L/yr - ₹29.5 L/yr

Branch Manager Salary

(9 salaries)

₹6 L/yr - ₹10.5 L/yr

Branch Head Salary

(4 salaries)

₹8.6 L/yr - ₹11.8 L/yr

Salary related reviews for HDFC Ergo General Insurance

3.9

Rated by 6 employees for salary & benefits

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

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

Relationship Manager in Patna

Bancainsurance Department

2.0

• posted on 28 Jun 2018

2.0

for Salary and Benefits

Likes

I don't like anything about working in Apollo Munich, except few people.

Dislikes

There id nothing to like, There is no transparency in salary cut And they won't give Allowances if you will not Achieve your target. There is no management support. Full stressful life, Senior don't know how to work. They will simply put pressure on you.

Salary - Poor

+6 more

Business Development Manager

BFSI, Investments & Trading Department

5.0

• posted on 24 Mar 2018

5.0

for Salary and Benefits

Likes

...stry.traning r going time to time .career growth is so good but u have to work .hand some salary package,I live working with Apollo Munich. If I get 1 more chance to work I will work in the same industry.

Salary - Excellent

+6 more

Dislikes

Careless people can't work not in Apollo not any were lese.

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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HDFC Ergo General Insurance Deputy Vice President Salary FAQs

What is the salary of Deputy Vice President at HDFC Ergo General Insurance in Mumbai?

The average salary of a Deputy Vice President at HDFC Ergo General Insurance in Mumbai typically ranges from ₹18.0 Lakhs to ₹44.9 Lakhs per year, depending on experience (from 14 years to 22 years).

The top 10% of Deputy Vice President in Mumbai at HDFC Ergo General Insurance earn more than ₹40.3 Lakhs per year, and the top 1% earn over ₹44.4 Lakhs per year. Deputy Vice President 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 70+ HDFC Ergo General Insurance employees in India.

What is the estimated take home salary of a Deputy Vice President at HDFC Ergo General Insurance in Mumbai?

The estimated take-home salary of a Deputy Vice President at HDFC Ergo General Insurance in Mumbai typically ranges from ₹1,98,347 to ₹2,06,179 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹44.9 Lakhs per year for employees with experience ranging from 14 years to 22 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 70+ 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 Vice President in India?

ICICI Lombard General Insurance Company	₹22.0 Lakhs to ₹56.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹27.7 Lakhs to ₹55.0 Lakhs per year
HDFC Bank	₹20.0 Lakhs to ₹58.0 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 Vice President in companies similar to HDFC Ergo General Insurance in Mumbai?

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

Kotak Mahindara Life Insurance	₹13.0 Lakhs to ₹44.0 Lakhs per year
Kotak Mahindra General Insurance	₹21.0 Lakhs to ₹35.0 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 Vice President at HDFC Ergo General Insurance in Mumbai?

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

Experience	Average Salary Range
14 years	₹19.9 Lakhs to ₹40.3 Lakhs per year
15 years	₹18.0 Lakhs to ₹44.9 Lakhs per year

and so on.

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HDFC Ergo General Insurance Deputy Vice President Salaries in Mumbai

HDFC Ergo General Insurance Deputy Vice President salary in Mumbai ranges between ₹18 Lakhs to ₹44.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 75 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.

HDFC Ergo General Insurance Deputy Vice President salaries in Mumbai (Updated 2025)

Companies similar to HDFC Ergo General Insurance for Deputy Vice President in Mumbai

Latest annual salaries shared by HDFC Ergo General Insurance Deputy Vice President in Mumbai

Experience wise HDFC Ergo General Insurance Deputy Vice President salaries in Mumbai

Similar Designation salaries in HDFC Ergo General Insurance

Salary related reviews for HDFC Ergo General Insurance

Deputy Manager in Surat

Branch Manager in Mumbai

Cluster Head in Agra

Relationship Manager in Patna

Business Development Manager

HDFC Ergo General Insurance Deputy Vice President Salary FAQs

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