Magic Auto Insurance Adviser Salaries by 3 Employees

2 - 6 years exp.

₹1.7 Lakh - ₹1.9 Lakh

Low Confidence

Avg. annual salary

Monthly In-hand Salary

39% less than the average Insurance Adviser Salary in Automobile Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Adviser Salary 6 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
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Customer Success, Service & Operations Insurance Adviser Salary 2 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr

Last Updated: 14 Mar 2023

Companies similar to Magic Auto for Insurance Adviser

Company name	Avg Annual Salary	Open Jobs
Saboo RKS Motor Insurance Adviser Salary 1 - 4 years exp. (7 salaries)	₹1.7 L/yr - ₹2.3 L/yr 6% more
Life Insurance Corporation of India Insurance Adviser Salary 1 - 20 years exp. (315 salaries)	₹0.9 L/yr - ₹8 L/yr 78% more
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SBI Life Insurance Company Insurance Adviser Salary 0 - 6 years exp. (174 salaries)	₹1 L/yr - ₹5.5 L/yr 62% more
Ditto Insurance Adviser Salary 0 - 3 years exp. (106 salaries)	₹4 L/yr - ₹4.6 L/yr 150% more
PolicyBazaar Insurance Adviser Salary 0 - 4 years exp. (92 salaries)	₹2.2 L/yr - ₹4.2 L/yr 74% more

Insurance Adviser salary at Magic Auto ranges between ₹1.7 Lakh to ₹1.9 Lakh per year for employees with experience between 2 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Magic Auto.

Experience wise Magic Auto Insurance Adviser salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
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6 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr

Salary related reviews for Magic Auto

Sales Executive in Dwarka Sector 20

Other Department

5.0

• posted on 15 Oct 2020

5.0

for Salary and Benefits

Likes

Magic auto very good company very strict covid 19 rules all showroom or all chairs & tables sentrizered magic auto management is very very good special thanku Narendra Arora sir ( Gm ) Arun sir (Sm) for foolw rules covid 19 & all sales person very good

Salary - Excellent

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Magic Auto Insurance Adviser Salary FAQs

How the salary growth look like for a Insurance Adviser at Magic Auto in India?

The salary growth for a Insurance Adviser at Magic Auto depends on factors such as experience, performance, and promotions. On average, a Insurance Adviser can expect the following growth trajectory at Magic Auto:

Experience	Average Salary Range
2 years	₹1.6 Lakhs to ₹2.0 Lakhs per year
6 years	₹1.7 Lakhs to ₹2.2 Lakhs per year

and so on.

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Magic Auto Insurance Adviser Salaries

Magic Auto Insurance Adviser salary in India ranges between ₹1.7 Lakh to ₹1.9 Lakh with an average annual salary of ₹. Salary estimates are based on 3 Magic Auto latest salaries received from various employees of Magic Auto.

Magic Auto Insurance Adviser salaries in India