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HDFC Ergo General Insurance Sales Development Manager salaries in India

Annual salary range
3 - 4 years exp.
₹2.2 Lakhs - ₹2.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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46% less than the average Sales Development Manager Salary in Insurance Companies for 3 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Sales Development Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.9 L/yr

Customer Success, Service & Operations
Sales Development Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.9 L/yr

Last Updated: 13 Mar 2023

Companies similar to HDFC Ergo General Insurance for Sales Development Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Sales Development Manager Salary

0 - 8 years exp. (909 salaries)

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₹1.5 L/yr - ₹4.6 L/yr

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₹2.5 L/yr - ₹4 L/yr

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₹1.8 L/yr - ₹2.4 L/yr

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₹2.5 L/yr - ₹4.8 L/yr

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₹2.6 L/yr - ₹5.2 L/yr

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₹1.8 L/yr - ₹3 L/yr

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₹1.8 L/yr - ₹8.5 L/yr

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₹2.6 L/yr - ₹3 L/yr

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₹3.3 L/yr - ₹6 L/yr

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₹3.6 L/yr - ₹6.5 L/yr

arrow icon 77% more
Sales Development Manager salary at HDFC Ergo General Insurance ranges between ₹2.2 Lakhs to ₹2.7 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Sales Development Manager

1y ago
₹2.7 Lakhs
4 years exp.
1y ago
₹2.7 Lakhs
3 years exp.

Experience wise HDFC Ergo General Insurance Sales Development Manager salaries

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
3 years  (3 salaries)

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₹2.2 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

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(190 salaries)
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₹4.7 L/yr - ₹16 L/yr
Agency Manager Salary
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₹2 L/yr - ₹5.5 L/yr
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₹2.4 L/yr - ₹4.5 L/yr
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₹18 L/yr - ₹48 L/yr
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₹2 L/yr - ₹6 L/yr
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₹3.6 L/yr - ₹5.5 L/yr
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₹4.55 L/yr - ₹12.5 L/yr

Salary related reviews for HDFC Ergo General Insurance

2.6

Rated by 2 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 05 Apr 2025

1.0
 for  Salary and Benefits

Likes

...ha Is attitude oriented whose word is customer is not important. than brand..... but he don't know because customers only he can get the salary.... & Eat the food. Different rules for employees. chain smoker & Drinkers State head like Mrinal Pande can be good employee in terms of hygiene level. rest are bad. They support the HDFC BM like Kartik Tadurwar who ask for physical from their coworker & keep demand for night stand for ladies' job in bank. Few woman heads are scheme part of woman empowerment scheme. These are Mrs. Jayashree , Miss Tiwari, Mrs. Mahalaxmi Iyar. these woman can do anything u cant imagine, to took appreciation from management. All these good thing I like from HDFC ERGO.

read more
  • Salary - Bad
  • +6 more

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.

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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.

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  • Salary - Bad
  • +6 more

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

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Dislikes

Don't joint fraud company very bad experience.

  • Promotions - Poor
  • +2 more

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.

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HDFC Ergo General Insurance Sales Development Manager Salary FAQs

What is the salary of Sales Development Manager at HDFC Ergo General Insurance ?
The average salary of a Sales Development Manager at HDFC Ergo General Insurance in India typically ranges from ₹2.2 Lakhs to ₹2.7 Lakhs per year, depending on experience (from 3 years to 4 years).

The top 10% of Sales Development Manager at HDFC Ergo General Insurance earn more than ₹2.7 Lakhs per year, and the top 1% earn over ₹2.7 Lakhs per year. Sales Development Manager 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 4 HDFC Ergo General Insurance employees in India.
What is the estimated take home salary of a Sales Development Manager at HDFC Ergo General Insurance in India?
The estimated take-home salary of a Sales Development Manager at HDFC Ergo General Insurance in India typically ranges from ₹17,883 to ₹19,578 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹2.7 Lakhs per year for employees with experience ranging from 3 years to 4 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 4 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 Sales Development Manager in India?
Bajaj Allianz Life Insurance ₹1.8 Lakhs to ₹8.5 Lakhs per year
Kotak Mahindara Life Insurance ₹3.6 Lakhs to ₹6.5 Lakhs per year
ICICI Lombard General Insurance Company ₹3.3 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance ₹2.6 Lakhs to ₹5.2 Lakhs per year
Tata AIA Life Insurance ₹2.5 Lakhs to ₹4.8 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 Sales Development Manager in companies similar to HDFC Ergo General Insurance in India?
The salary of a Sales Development Manager 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 Life ₹1.5 Lakhs to ₹4.6 Lakhs per year
SBI Life Insurance Company ₹2.5 Lakhs to ₹4.0 Lakhs per year
Reliance Nippon Life Insurance ₹2.6 Lakhs to ₹3.0 Lakhs per year
Axis Max Life Insurance ₹1.8 Lakhs to ₹3.0 Lakhs per year
Shriram Life Insurance ₹1.8 Lakhs to ₹2.4 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 Sales Development Manager at HDFC Ergo General Insurance in India?
The salary growth for a Sales Development Manager at HDFC Ergo General Insurance depends on factors such as experience, performance, and promotions. On average, a Sales Development Manager can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience Average Salary Range
3 years ₹2.2 Lakhs to ₹2.7 Lakhs per year
4 years ₹2.4 Lakhs to ₹3.0 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Ergo General Insurance Sales Development Manager salary in India ranges between ₹2.2 Lakhs to ₹2.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.