Sahara India Life Insurance Company Deputy Manager Salaries by 5 Employees

7 - 12 years exp.

₹7.2 Lakhs - ₹8 Lakhs

Avg. annual salary

Monthly In-hand Salary

22% less than the average Deputy Manager Salary in Financial Services Companies for 7 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.9 L/yr
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Finance & Accounting Deputy Manager Salary 7 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 10 Oct 2023

Companies similar to Sahara India Life Insurance Company for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
Anand Rathi Global Finance Deputy Manager Salary 1 - 13 years exp. (56 salaries)	₹3.9 L/yr - ₹11 L/yr 4% more
Enzene Biosciences Deputy Manager Salary 8 - 14 years exp. (27 salaries)	₹9.7 L/yr - ₹17 L/yr 94% more
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Renewsys India Deputy Manager Salary 7 - 19 years exp. (17 salaries)	₹10 L/yr - ₹15 L/yr 70% more
Vidal Health Insurance Deputy Manager Salary 2 - 6 years exp. (5 salaries)	₹2.4 L/yr - ₹5 L/yr 48% less
Dhani Services Deputy Manager Salary 14 - 17 years exp. (5 salaries)	₹7.2 L/yr - ₹10 L/yr 13% more
Equifax Deputy Manager Salary 6 - 11 years exp. (4 salaries)	₹12 L/yr - ₹32.5 L/yr 180% more
Kissht Finance Deputy Manager Salary 8 - 13 years exp. (4 salaries)	₹4.5 L/yr - ₹8.4 L/yr 16% less
Anupam Rasayan India Deputy Manager Salary 8 - 11 years exp. (3 salaries)	₹11.5 L/yr - ₹11.8 L/yr 53% more
Sumadhura Infracon Deputy Manager Salary 7 - 14 years exp. (3 salaries)	₹5.4 L/yr - ₹11.4 L/yr 22% more

Deputy Manager salary at Sahara India Life Insurance Company ranges between ₹7.2 Lakhs to ₹8 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Sahara India Life Insurance Company.

Experience wise Sahara India Life Insurance Company Deputy Manager salaries

Last Updated: 10 Oct 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.1 L/yr
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
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9 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
10 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
11 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
12 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr

View all

Similar Designation salaries in Sahara India Life Insurance Company

Branch Manager Salary

(4 salaries)

₹5.4 L/yr - ₹6.9 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Salary related reviews for Sahara India Life Insurance Company

Senior Assistant Manager in Lucknow

Full Time

Finance & Accounting Department

4.0

• posted on 01 Aug 2023

2.0

for Salary and Benefits

Likes

Timings are as such to maintain work life balance Organised structure Hierarchy system is followed Good building and premises

Skill development - Excellent

+3 more

Dislikes

Low increaments Lower salaries to professionals and higher to non professionals

Salary - Poor

+1 more

Local Corporate Office Head (Branch Head) in Patna

Full Time

Insurance Department

2.0

• posted on 02 Sep 2017

1.0

for Salary and Benefits

Likes

10 to 5 job, no heavy pressure, no growth opportunity, management only enhance the salary of Parabanking staffs, other divisions are neglected, Team members are non cooperative.

Job security - Excellent

+1 more

Dislikes

Unnecessary protocol for parabanking division whose seniors interferes other division, No Salary hike for five years, lots of unnecessary work, no recognition for good performers.

Salary - Bad

+4 more

Back Office Head in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 14 Aug 2023

3.0

for Salary and Benefits

Likes

Since 2017 IRDA Administrator looking after our company

Dislikes

As our new businesses is closed and we are running on renewal business only and our case in currently in SAT and Supreme court so future is uncertain

Actuarial Intern in Lucknow

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 20 Oct 2023

2.0

for Salary and Benefits

Likes

Work Quality is really good for Actuarial's as they provide multiple responsibilities due to which you get great exposure.

Dislikes

But company do not have new business duea to which you cannot have promotion, skill enhanced and multiple other things are missing

Salary - Poor

+3 more

Senior Assistant Manager in Lucknow Up

BFSI, Investments & Trading Department

3.0

• posted on 28 Sep 2021

1.0

for Salary and Benefits

Likes

Starting working in the field of life insurance business was in very good atmosphere in the supervision of a very talented and experienced people but after unnecessary enterfiarences of the owners became harmful to the growth and development of the company. It' has a big story that cannot describe in few words.

Dislikes

My experience with the company was not very good. there are so many issues which cannot express.

Salary - Bad

+6 more

see more salary related reviews

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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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Sahara India Life Insurance Company Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Sahara India Life Insurance Company ?

The average salary of a Deputy Manager at Sahara India Life Insurance Company in India typically ranges from ₹7.2 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 7 years to 12 years).

The top 10% of Deputy Manager at Sahara India Life Insurance Company earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Deputy Manager Salaries at Sahara India Life Insurance Company 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 5 Sahara India Life Insurance Company employees in India.

What is the estimated take home salary of a Deputy Manager at Sahara India Life Insurance Company in India?

The estimated take-home salary of a Deputy Manager at Sahara India Life Insurance Company in India typically ranges from ₹56,179 to ₹57,588 per month. This is based on the average salary range of ₹7.2 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 7 years to 12 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 5 salaries received from various employees of Sahara India Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Sahara India Life Insurance Company for Deputy Manager in India?

Equifax	₹12.0 Lakhs to ₹32.5 Lakhs per year
Enzene Biosciences	₹9.7 Lakhs to ₹17.0 Lakhs per year
Renewsys India	₹10.0 Lakhs to ₹15.0 Lakhs per year
Anupam Rasayan India	₹11.5 Lakhs to ₹11.8 Lakhs per year
Sumadhura Infracon	₹5.4 Lakhs to ₹11.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Sahara India Life Insurance Company, depending on the role and experience level.

What is the salary of a Deputy Manager in companies similar to Sahara India Life Insurance Company in India?

The salary of a Deputy Manager at companies similar to Sahara India Life Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Dhani Services	₹7.2 Lakhs to ₹10.0 Lakhs per year
Anand Rathi Global Finance	₹3.9 Lakhs to ₹11.0 Lakhs per year
Kissht Finance	₹4.5 Lakhs to ₹8.4 Lakhs per year
Vidal Health Insurance	₹2.4 Lakhs to ₹5.0 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 Manager at Sahara India Life Insurance Company in India?

The salary growth for a Deputy Manager at Sahara India Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Deputy Manager can expect the following growth trajectory at Sahara India Life Insurance Company:

Experience	Average Salary Range
7 years	₹7.2 Lakhs to ₹9.1 Lakhs per year
8 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
9 years	₹6.9 Lakhs to ₹8.8 Lakhs per year
10 years	₹6.7 Lakhs to ₹8.6 Lakhs per year

and so on.

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Sahara India Life Insurance Company Deputy Manager Salaries

Sahara India Life Insurance Company Deputy Manager salary in India ranges between ₹7.2 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Sahara India Life Insurance Company latest salaries received from various employees of Sahara India Life Insurance Company.