SBI General Insurance Deputy Manager Salaries by 100+ Employees (Updated 2025)

4 - 11 years exp.

₹3.7 Lakhs - ₹9.7 Lakhs

Salary of majority employees

43% less than the average Deputy Manager Salary in Insurance Companies for 4 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 4 - 11 years exp. (48 salaries)	₹4.5 L/yr - ₹9.5 L/yr
Sales & Business Development Deputy Manager Salary 4 - 11 years exp. (42 salaries)	₹4.3 L/yr - ₹10.2 L/yr
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Customer Success, Service & Operations Deputy Manager Salary 4 - 11 years exp. (22 salaries)	₹3.7 L/yr - ₹7.1 L/yr
Finance & Accounting Deputy Manager Salary 4 - 11 years exp. (13 salaries)	₹4 L/yr - ₹7.5 L/yr
Marketing & Communication Deputy Manager Salary 4 - 9 years exp. (10 salaries)	₹5 L/yr - ₹9.1 L/yr

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Last Updated: 17 Mar 2025

Companies similar to SBI General Insurance for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Deputy Manager Salary 0 - 14 years exp. (810 salaries)	₹2.4 L/yr - ₹8.7 L/yr 5% less	18 job openings
Kotak Mahindara Life Insurance Deputy Manager Salary 0 - 9 years exp. (764 salaries)	₹2 L/yr - ₹5.7 L/yr 27% less
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HDFC Life Deputy Manager Salary 2 - 15 years exp. (731 salaries)	₹3.5 L/yr - ₹12.1 L/yr 44% more
Bajaj Allianz Life Insurance Deputy Manager Salary 1 - 16 years exp. (340 salaries)	₹4.5 L/yr - ₹16.5 L/yr 96% more
Aditya Birla Health Insurance Co Deputy Manager Salary 4 - 11 years exp. (229 salaries)	₹4 L/yr - ₹12.6 L/yr 44% more
Star Health & Allied Insurance Deputy Manager Salary 1 - 13 years exp. (205 salaries)	₹3 L/yr - ₹10 L/yr 12% more
Aditya Birla Sun Life Insurance Deputy Manager Salary 2 - 10 years exp. (193 salaries)	₹3 L/yr - ₹9.5 L/yr 13% more
PNB MetLife Deputy Manager Salary 4 - 16 years exp. (121 salaries)	₹3.9 L/yr - ₹12.6 L/yr 43% more
Magma HDI General Insurance Deputy Manager Salary 1 - 17 years exp. (116 salaries)	₹5.5 L/yr - ₹10.5 L/yr 48% more
Star Union Dai-ichi Life Insurance Deputy Manager Salary 0 - 13 years exp. (101 salaries)	₹3.8 L/yr - ₹12.3 L/yr 46% more

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Deputy Manager salary at SBI General Insurance ranges between ₹3.7 Lakhs to ₹9.7 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 158 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Deputy Manager salaries

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
4 years (13 salaries)	₹4 L/yr - ₹10 L/yr
5 years (25 salaries)	₹4 L/yr - ₹9.8 L/yr
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6 years (26 salaries)	₹4 L/yr - ₹10.4 L/yr
7 years (13 salaries)	₹4.5 L/yr - ₹6.5 L/yr
8 years (31 salaries)	₹3.7 L/yr - ₹8.8 L/yr
9 years (20 salaries)	₹4.4 L/yr - ₹10.2 L/yr
10 years (21 salaries)	₹4.2 L/yr - ₹10.1 L/yr
11 years (9 salaries)	₹5.7 L/yr - ₹10.7 L/yr

View all

From

Deputy Manager

4 - 11 years exp.

Senior Manager

5 - 16 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in SBI General Insurance

Team Manager Salary

(7 salaries)

₹3.15 L/yr - ₹11.6 L/yr

Delivery Manager Salary

(AmbitionBox Estimate)

₹8.3 L/yr - ₹10.6 L/yr

Store Manager Salary

(4 salaries)

₹6.7 L/yr - ₹26 L/yr

Branch Manager Salary

(7 salaries)

₹6.5 L/yr - ₹10.5 L/yr

Area Manager Salary

(6 salaries)

₹8.98 L/yr - ₹15.2 L/yr

Department Manager Salary

(3 salaries)

₹8 L/yr - ₹13 L/yr

Cluster Manager Salary

(37 salaries)

₹7 L/yr - ₹15.25 L/yr

Service Manager Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Deputy Branch Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Project Manager Salary

(17 salaries)

₹8 L/yr - ₹20.5 L/yr

Salary related reviews for SBI General Insurance

3.7

Rated by 49 employees for salary & benefits

Business Development Manager in Gorakhpur

Full Time

Business Development Department

2.0

• posted on 17 Sep 2022

2.0

for Salary and Benefits

Likes

Like you can say... Working with branch managers , can see yourself always professional . People will treat you like banker.

Job security - Good

Dislikes

No growth and promotion No good salary Not ethical practices followed. Your boss treat you like slave... Officially as per HR policy every Saturday is off... But you have to work on each Saturday as per your boss. Nothing to learn .

Salary - Poor

+4 more

Business Development Manager in Gorakhpur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Apr 2023

3.0

for Salary and Benefits

Likes

Salary on time. Banca channel target goes on auto mode if you have good relationship with managers.

Job security - Good

+1 more

Dislikes

Overloaded targets, terrible managers. Considering Insurance sectors, plenty of works in your working time.Unwanted VCs by senior that can disturb your work flow each day. Salary is very less compared to other companies.

Skill development - Bad

+2 more

Business Development Manager in Vijayawada

Full Time

Insurance Department

5.0

• posted on 07 Jun 2021

4.0

for Salary and Benefits

Likes

...agement is transparent.there is a huge cafeteria and gaming arcade for chilling. Company policies are good , appraisals are fair and they give good salary hike , incentives and bonus every year

Salary - Good

+6 more

Relationship Manager in Gulbarga

Customer Success, Service & Operations Department

5.0

• posted on 16 Mar 2022

4.0

for Salary and Benefits

Likes

It my pleasure to work with Reputed company like SBIG, As we grow old here we learn soo many things about banking as,it's very friendly atmosphere to work there .

Salary - Good

+5 more

Dislikes

Here we see lot of ups and downs and unhappy with Salary hike ,and Soo much off technical issues ....and when things start going gud tat time only company doo one or other changes..... that will impact soo much

Business Development Manager in Yavatmal

BFSI, Investments & Trading Department

5.0

• posted on 16 Jun 2021

3.0

for Salary and Benefits

Likes

... helped me for booking businesses and other time, the management is transparent. Appraisal are also fair, but some places I demotivate due to my salary and expenses incentives. Appraisals are fair by management.

Skill development - Good

+5 more

Dislikes

Salary is soon poor related to job, it means working time is alot but salary is low. How can I submit my expenses from joining date to till today I am unable to submit my expenses and not sure it will approve or not. Incentives are made on the basis of budgets, my salary is very low I can not manage my family expenses from my salary what should I do. But I like this job because I am with a brand SBI General Insurance and happy with my work.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SBI General Insurance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at SBI General Insurance ?

The average salary of a Deputy Manager at SBI General Insurance in India typically ranges from ₹3.7 Lakhs to ₹9.7 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of Deputy Manager at SBI General Insurance earn more than ₹9.7 Lakhs per year, and the top 1% earn over ₹12.7 Lakhs per year. Deputy Manager Salaries at SBI 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 100+ SBI General Insurance employees in India.

What is the estimated take home salary of a Deputy Manager at SBI General Insurance in India?

The estimated take-home salary of a Deputy Manager at SBI General Insurance in India typically ranges from ₹41,507 to ₹42,649 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹9.7 Lakhs per year for employees with experience ranging from 4 years to 11 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 100+ salaries received from various employees of SBI General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SBI General Insurance for Deputy Manager in India?

Swiss Re	₹7.5 Lakhs to ₹32.0 Lakhs per year
United India Insurance Company	₹11.0 Lakhs to ₹24.0 Lakhs per year
Royal Sundaram General Insurance	₹12.0 Lakhs to ₹17.4 Lakhs per year
Bajaj Allianz Life Insurance	₹4.5 Lakhs to ₹16.5 Lakhs per year
Allianz Partners	₹7.0 Lakhs to ₹14.0 Lakhs per year

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

What is the salary of a Deputy Manager in companies similar to SBI General Insurance in India?

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

ManipalCigna Health Insurance	₹4.0 Lakhs to ₹13.4 Lakhs per year
Allianz	₹6.6 Lakhs to ₹12.2 Lakhs per year
Cholamandalam MS General Insurance	₹4.0 Lakhs to ₹11.3 Lakhs per year
Magma HDI General Insurance	₹5.5 Lakhs to ₹10.5 Lakhs per year
Star Union Dai-ichi Life Insurance	₹3.8 Lakhs to ₹12.3 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 SBI General Insurance in India?

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

Experience	Average Salary Range
4 years	₹4.0 Lakhs to ₹10.0 Lakhs per year
5 years	₹4.0 Lakhs to ₹9.8 Lakhs per year
6 years	₹4.0 Lakhs to ₹10.4 Lakhs per year
7 years	₹4.5 Lakhs to ₹6.5 Lakhs per year

and so on.

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SBI General Insurance Deputy Manager Salaries by Location

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SBI General Insurance Deputy Manager Salaries

SBI General Insurance Deputy Manager salary in India ranges between ₹3.7 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 158 SBI General Insurance latest salaries received from various employees of SBI General Insurance.

SBI General Insurance Deputy Manager salaries in India (Updated 2025)

Companies similar to SBI General Insurance for Deputy Manager

Latest annual salaries shared by SBI General Insurance Deputy Manager

Experience wise SBI General Insurance Deputy Manager salaries

Similar Designation salaries in SBI General Insurance

Salary related reviews for SBI General Insurance

Business Development Manager in Gorakhpur

Business Development Manager in Gorakhpur

Business Development Manager in Vijayawada

Relationship Manager in Gulbarga

Business Development Manager in Yavatmal

SBI General Insurance Deputy Manager Salary FAQs

Tell us how to improve this page.

SBI General Insurance Deputy Manager Salaries by Location