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

4 - 11 years exp.

₹4 Lakhs - ₹9.1 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

Sales & Business Development Deputy Manager Salary 4 - 11 years exp. (54 salaries)	₹4 L/yr - ₹10.1 L/yr
BFSI, Investments & Trading Deputy Manager Salary 4 - 11 years exp. (51 salaries)	₹4.5 L/yr - ₹9 L/yr
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Customer Success, Service & Operations Deputy Manager Salary 4 - 11 years exp. (24 salaries)	₹4 L/yr - ₹7.1 L/yr
Marketing & Communication Deputy Manager Salary 4 - 9 years exp. (14 salaries)	₹4.6 L/yr - ₹9.4 L/yr
Finance & Accounting Deputy Manager Salary 4 - 11 years exp. (13 salaries)	₹4 L/yr - ₹7.5 L/yr

Last Updated: 17 Feb 2025

Companies similar to SBI General Insurance for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Deputy Manager Salary 5 - 13 years exp. (14 salaries)	₹4.7 L/yr - ₹11 L/yr 31% more
HDFC Ergo General Insurance Deputy Manager Salary 0 - 13 years exp. (942 salaries)	₹3 L/yr - ₹10 L/yr 6% more
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Bajaj Allianz General Insurance Deputy Manager Salary 5 - 16 years exp. (162 salaries)	₹6.9 L/yr - ₹16 L/yr 128% more	1 job opening
Reliance General Insurance Deputy Manager Salary 1 - 10 years exp. (111 salaries)	₹3 L/yr - ₹7.5 L/yr 16% less
Tata AIG Deputy Manager Salary 2 - 9 years exp. (471 salaries)	₹2.3 L/yr - ₹8.6 L/yr 21% less	1 job opening
Kotak Mahindara Life Insurance Deputy Manager Salary 0 - 9 years exp. (732 salaries)	₹2 L/yr - ₹5.7 L/yr 25% less	2 job openings
Max Life Insurance Deputy Manager Salary 0 - 13 years exp. (790 salaries)	₹2.4 L/yr - ₹9 L/yr 7% less	16 job openings
HDFC Life Deputy Manager Salary 0 - 15 years exp. (816 salaries)	₹3.5 L/yr - ₹12.5 L/yr 44% more
Bajaj Allianz Life Insurance Deputy Manager Salary 2 - 16 years exp. (320 salaries)	₹4.5 L/yr - ₹16.5 L/yr 90% more
Aditya Birla Health Insurance Co Deputy Manager Salary 4 - 11 years exp. (226 salaries)	₹4 L/yr - ₹12.6 L/yr 44% more

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Deputy Manager salary at SBI General Insurance ranges between ₹4 Lakhs to ₹9.1 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 177 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Deputy Manager salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
4 years (13 salaries)	₹4 L/yr - ₹10 L/yr
5 years (27 salaries)	₹4 L/yr - ₹8.9 L/yr
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6 years (33 salaries)	₹4 L/yr - ₹9.9 L/yr
7 years (16 salaries)	₹4.5 L/yr - ₹6.5 L/yr
8 years (34 salaries)	₹4.4 L/yr - ₹10.3 L/yr
9 years (20 salaries)	₹4.1 L/yr - ₹10.2 L/yr
10 years (23 salaries)	₹4.2 L/yr - ₹10.7 L/yr
11 years (11 salaries)	₹5 L/yr - ₹10.7 L/yr

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From

Deputy Manager

4 - 11 years exp.

Senior Manager

₹

Lakhs/yr

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

(33 salaries)

₹7 L/yr - ₹15.1 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 46 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

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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SBI General Insurance Deputy Manager Salary FAQs

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

Deputy Manager salary at SBI General Insurance in India ranges between ₹4.0 Lakhs to ₹9.1 Lakhs for experience between 4 years to 11 years. According to our estimates it is 43% less than the average Deputy Manager Salary in India. Salary estimates are based on 177 latest salaries received from various employees of SBI General Insurance India.

How does the salary of a Deputy Manager at SBI General Insurance India compare with the average salary range for this job?

The average salary of a Deputy Manager at SBI General Insurance is 43% less than the average salary of a Deputy Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI General Insurance to a Deputy Manager in India?

National Insurance Company Deputy Manager Salary - ₹17.0 Lakhs to ₹25.0 Lakhs per year
The New India Assurance Co. Deputy Manager Salary - ₹17.0 Lakhs to ₹26.0 Lakhs per year
United India Insurance Company Deputy Manager Salary - ₹11.0 Lakhs to ₹24.0 Lakhs per year
The Oriental Insurance Co. Deputy Manager Salary - ₹15.0 Lakhs to ₹21.0 Lakhs per year
Royal Sundaram General Insurance Deputy Manager Salary - ₹12.0 Lakhs to ₹17.4 Lakhs per year

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

Bajaj Allianz General Insurance Deputy Manager Salary - ₹6.9 Lakhs to ₹16.0 Lakhs per year
Bajaj Allianz Life Insurance Deputy Manager Salary - ₹4.5 Lakhs to ₹16.5 Lakhs per year
Future Generali India Life Insurance Deputy Manager Salary - ₹4.3 Lakhs to ₹15.9 Lakhs per year
Cholamandalam MS General Insurance Deputy Manager Salary - ₹5.0 Lakhs to ₹11.2 Lakhs per year
Star Union Dai-ichi Life Insurance Deputy Manager Salary - ₹3.6 Lakhs to ₹13.6 Lakhs per year

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 ranges between ₹41,649 per month to ₹42,790 per month in India. The take-home salary calculation is based on the average SBI General Insurance Deputy Manager salary in India which ranges between ₹4.0 Lakhs to ₹9.1 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at SBI General Insurance?

According to AmbitionBox, 41% of the SBI General Insurance Deputy Managers reported a notice period of 2 Months, 41% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 296 responses on AmbitionBox in last 2 years.

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SBI General Insurance Deputy Manager Salaries

SBI General Insurance Deputy Manager salary in India ranges between ₹4 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 177 SBI General Insurance latest salaries received from various employees of SBI General Insurance.

SBI General Insurance Deputy Manager salaries in India

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