Mahindra Insurance Brokers Deputy Manager Band 2 Salaries by 2 Employees (Updated 2025)

7 - 8 years exp.

₹7.6 Lakhs - ₹9.8 Lakhs

Low Confidence

Salary of majority employees

Interested in this particular role?

Last Updated: 23 Dec 2023

Companies similar to Mahindra Insurance Brokers for Deputy Manager Band 2

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Deputy Manager Band 2 Salary 0 - 7 years exp. (5 salaries)	₹5.6 L/yr - ₹7.5 L/yr 20% less
Tata AIG Deputy Manager Band 2 Salary 4 - 12 years exp. (5 salaries)	₹3.7 L/yr - ₹6.5 L/yr 41% less
Login to view exact salary
ManipalCigna Health Insurance Deputy Manager Band 2 Salary 7 - 9 years exp. (4 salaries)	₹3.7 L/yr - ₹5.5 L/yr 49% less
ICICI Bank Deputy Manager Band 2 Salary 0 - 14 years exp. (1.2k salaries)	₹3 L/yr - ₹11 L/yr 12% less
HDFC Bank Deputy Manager Band 2 Salary 2 - 10 years exp. (65 salaries)	₹3.8 L/yr - ₹7.3 L/yr 30% less

Deputy Manager Band 2 salary at Mahindra Insurance Brokers ranges between ₹7.6 Lakhs to ₹9.8 Lakhs per year for employees with experience between 7 years to 8 years. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Insurance Brokers.

Similar Designation salaries in Mahindra Insurance Brokers

Branch Manager Salary

(24 salaries)

₹3.9 L/yr - ₹5.75 L/yr

Cluster Manager Salary

(15 salaries)

₹8.58 L/yr - ₹14.53 L/yr

Deputy Cluster Manager Salary

(8 salaries)

₹7.5 L/yr - ₹9 L/yr

Area Business Head Salary

(6 salaries)

₹18.09 L/yr - ₹32 L/yr

Senior Relationship Manager Salary

(6 salaries)

₹3.9 L/yr - ₹6.9 L/yr

Insurance Manager Salary

(4 salaries)

₹2.5 L/yr - ₹6 L/yr

Insurance Officer Salary

(4 salaries)

₹2.65 L/yr - ₹5 L/yr

Relationship Manager Salary

(4 salaries)

₹2.4 L/yr - ₹4.8 L/yr

Manager - Motor Claims Salary

(3 salaries)

₹8.9 L/yr - ₹11.4 L/yr

General Insurance Executive Salary

(3 salaries)

₹1.8 L/yr - ₹2.1 L/yr

Salary related reviews for Mahindra Insurance Brokers

Area Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

3.0

• posted on 15 Jan 2025

2.0

for Salary and Benefits

Likes

Mid level managers are not supported to grow ground team in terms appraisal promotions to management,work balance also not manageable.

Dislikes

Salary hike not up to the mark if achieve annual target 100% and more than ,variables policy announced very late after completing 100%

Salary - Poor

+2 more

Senior Application Support Engineer in Mumbai

Full Time

IT & Information Security Department

4.0

• posted on 28 Jul 2023

4.0

for Salary and Benefits

Likes

Activity going on weekend (every Friday) Supporting people and management. Good environment to work Birthday celebration all together with team.

Salary - Good

+4 more

Dislikes

...mething new or promotion is not good in our field As per my personal experience. Salary hike appraisal delayed this year. Work load is not managed properly.

Deputy Area Manager in Hazaribag

Full Time

Sales & Business Development Department

5.0

• posted on 25 Jun 2022

5.0

for Salary and Benefits

Likes

...ve teammates are supportive. Management is transparent ,company policy are good.job security, appraisal are fair and they give good salary hike.

Salary - Excellent

+6 more

Dislikes

Verticalisation ,politics salary is good but career growth is slow,

Senior Territory Manager in Coimbatore

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 29 May 2021

1.0

for Salary and Benefits

Likes

... Assist, Wedding Bonus, New born baby gift, Medical assist, Birthday gift etc. Main Part - Salary slab was very worst and no increment, Executives stay 5 + year experience but salary at end they only out for 230000PA and starts with 180000 PA which is terrible and all work for salary that is not get what we work. Incentive was not given proper time as per time line eg: Quarterly plan, they provide incentive after 6months of that quarter and they not provide calculation for that incentive what we received

Salary - Bad

+6 more

Senior Business Development Executive in Bhubaneswar

BFSI, Investments & Trading Department

4.0

• posted on 12 May 2018

3.0

for Salary and Benefits

Likes

There is a friendly atmosphere to work here,we have maintain a good work life balance here and the most important thing is we have more job security here.

Skill development - Good

+4 more

Dislikes

Here the salary and remuneration is not good as compared of other industry.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Hello guys, I've the below offers, (Teamware and Wipro not yet released the offers yet). I'm confused which one to choose. Could you give me some suggestions? Thanks. TCS : 13 LPA Teamware Solution: (Client: BNP Paribas) : 15 LPA Wipro: 16.5 LPA Tech: Cybersecurity, Vulnerability management, Crowdstrike, Risk Assessment. YOE: 7 yrs Location: Chennai

Got a question about Mahindra Insurance Brokers?

Ask anonymously on communities.

Mahindra Insurance Brokers Deputy Manager Band 2 Salary FAQs

What is the notice period for Deputy Manager Band 2 at Mahindra Insurance Brokers?

According to AmbitionBox, 100% of the Mahindra Insurance Brokers Deputy Manager Band 2s reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Mahindra Insurance Brokers Salaries >
Mahindra Insurance Brokers Deputy Manager Band 2 Salaries

Mahindra Insurance Brokers Deputy Manager Band 2 salary in India ranges between ₹7.6 Lakhs to ₹9.8 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Insurance Brokers.