Mahindra Insurance Brokers Bhopal Deputy Manager Salaries by 4 Employees (Updated 2025)

8 - 11 years exp.

₹7.3 Lakhs - ₹8.3 Lakhs

Salary of majority employees

15% less than the average Deputy Manager Salary in Insurance Companies for 8 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹7.3 L/yr - ₹8.6 L/yr
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Customer Success, Service & Operations Deputy Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.3 L/yr

Last Updated: 16 Mar 2023

Companies similar to Mahindra Insurance Brokers for Deputy Manager in Bhopal

Mahindra Insurance Brokers Deputy Manager Salary

8 - 11 years exp. (4 salaries)

₹7.3 L/yr - ₹8.3 L/yr

Company name	Avg Annual Salary	Open Jobs
CG Power and Industrial Solutions Deputy Manager Salary 7 - 18 years exp. (53 salaries)	₹8 L/yr - ₹18 L/yr 54% more	2 job openings
AU Small Finance Bank Deputy Manager Salary 1 - 9 years exp. (23 salaries)	₹3.5 L/yr - ₹6 L/yr 37% less	2 job openings
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Dainik Bhaskar Group Deputy Manager Salary 6 - 17 years exp. (41 salaries)	₹3.6 L/yr - ₹8 L/yr 25% less
Tafe Motors & Tractors Deputy Manager Salary 10 - 22 years exp. (31 salaries)	₹10 L/yr - ₹17 L/yr 62% more
VE Commercial Vehicles Deputy Manager Salary 0 - 18 years exp. (26 salaries)	₹7.5 L/yr - ₹15.9 L/yr 42% more	2 job openings

Deputy Manager salary at Mahindra Insurance Brokers ranges between ₹7.3 Lakhs to ₹8.3 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Insurance Brokers.

Experience wise Mahindra Insurance Brokers Deputy Manager salaries in Bhopal

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹14.5 L/yr
9 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹14.7 L/yr
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10 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.3 L/yr
11 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹15 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.

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Mahindra Insurance Brokers Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Mahindra Insurance Brokers Bhopal?

Deputy Manager salary at Mahindra Insurance Brokers in Bhopal ranges between ₹7.3 Lakhs to ₹8.3 Lakhs for experience between 8 years to 11 years. According to our estimates it is 15% less than the average Deputy Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Insurance Brokers Bhopal.

How does the salary of a Deputy Manager at Mahindra Insurance Brokers Bhopal compare with the average salary range for this job?

The average salary of a Deputy Manager at Mahindra Insurance Brokers is 15% less than the average salary of a Deputy Manager in Bhopal. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Insurance Brokers to a Deputy Manager in Bhopal?

Tafe Motors & Tractors Deputy Manager Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
CG Power and Industrial Solutions Deputy Manager Salary - ₹8.0 Lakhs to ₹18.0 Lakhs per year
VE Commercial Vehicles Deputy Manager Salary - ₹7.5 Lakhs to ₹15.9 Lakhs per year

What is the salary of a Deputy Manager in companies similar to Mahindra Insurance Brokers in Bhopal?

Dainik Bhaskar Group Deputy Manager Salary - ₹3.6 Lakhs to ₹8.0 Lakhs per year
AU Small Finance Bank Deputy Manager Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Deputy Manager at Mahindra Insurance Brokers in Bhopal?

The estimated take-home salary of a Deputy Manager at Mahindra Insurance Brokers ranges between ₹60,352 per month to ₹61,879 per month in Bhopal. The take-home salary calculation is based on the average Mahindra Insurance Brokers Deputy Manager salary in India which ranges between ₹7.3 Lakhs to ₹8.3 Lakhs per year for employees with experience between 8 years to 11 years. Check how did we calculate take home salary?

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Mahindra Insurance Brokers Deputy Manager Salaries in Bhopal

Mahindra Insurance Brokers Deputy Manager salary in Bhopal ranges between ₹7.3 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Insurance Brokers latest salaries received from various employees of Mahindra Insurance Brokers.

Mahindra Insurance Brokers Deputy Manager salaries in Bhopal

Companies similar to Mahindra Insurance Brokers for Deputy Manager in Bhopal

Latest annual salaries shared by Mahindra Insurance Brokers Deputy Manager in Bhopal

Experience wise Mahindra Insurance Brokers Deputy Manager salaries in Bhopal

Salary related reviews for Mahindra Insurance Brokers

Area Manager in Hyderabad / Secunderabad

Senior Application Support Engineer in Mumbai

Deputy Area Manager in Hazaribag

Senior Territory Manager in Coimbatore

Senior Business Development Executive in Bhubaneswar

Mahindra Insurance Brokers Deputy Manager Salary FAQs

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