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3.7

based on 1.5k Reviews

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SBI General Insurance Deputy Manager Band 1 salaries in India

Annual salary range
7 - 10 years exp.
₹5 Lakhs - ₹5.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average Deputy Manager Band 1 Salary in Insurance Companies for 7 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Band 1 Salary
7 - 10 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹5.5 L/yr

Finance & Accounting
Deputy Manager Band 1 Salary
10 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.5 L/yr

Sales & Business Development
Deputy Manager Band 1 Salary
8 years exp. (AmbitionBox Estimate)
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₹4.8 L/yr - ₹5.8 L/yr

Last Updated: 2 Aug 2024

Companies similar to SBI General Insurance for Deputy Manager Band 1

Company name Avg Annual Salary Open Jobs
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₹4.8 L/yr - ₹7.5 L/yr

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₹4.5 L/yr - ₹12 L/yr

arrow icon 76% more
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Tata AIG Deputy Manager Band 1 Salary

2 - 8 years exp. (49 salaries)

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₹2.5 L/yr - ₹4.7 L/yr

arrow icon 29% less
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₹4.3 L/yr - ₹5.1 L/yr

arrow icon 9% less
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HDFC Life Deputy Manager Band 1 Salary

6 - 11 years exp. (5 salaries)

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₹5.8 L/yr - ₹8.3 L/yr

arrow icon 35% more
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₹4.4 L/yr - ₹5.9 L/yr

arrow icon 2% less
Deputy Manager Band 1 salary at SBI General Insurance ranges between ₹5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Deputy Manager Band 1

4mo ago
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8 years exp.
6mo ago
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7 years exp.
7mo ago
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10 years exp.
1y ago
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10 years exp.

Experience wise SBI General Insurance Deputy Manager Band 1 salaries

Last Updated: 2 Aug 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹9.6 L/yr
9 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
10 years (AmbitionBox Estimate)

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₹5 L/yr - ₹5 L/yr

Similar Designation salaries in SBI General Insurance

Deputy Manager Salary
(167 salaries)
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₹3.7 L/yr - ₹9.08 L/yr
Store Manager Salary
(4 salaries)
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₹6.7 L/yr - ₹26 L/yr
Branch Manager Salary
(7 salaries)
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₹6.5 L/yr - ₹10.5 L/yr
Sales Manager Salary
(20 salaries)
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₹2 L/yr - ₹6.22 L/yr
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₹3.75 L/yr - ₹6.25 L/yr
Team Lead Salary
(23 salaries)
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₹2.8 L/yr - ₹5.45 L/yr
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₹1.75 L/yr - ₹6.6 L/yr
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₹2.5 L/yr - ₹5.1 L/yr
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₹2.2 L/yr - ₹5.5 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for SBI General Insurance

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 10 May 2023

1.0
 for  Salary and Benefits

Likes

Work as a team.supoort each other

Dislikes

1 pay roll is less. Ihave worked with salary of 13000 and comp taken mba person same job 25000salart new comers also getting 20000 salary 2)increment is not done by calibar it is gone by licking a$$ of manager got 2rating.....other also who work hard got1/2. But buttering emp got 4star rating 3)company official are more interested in home life then work life. 4)company dont give opportunity for movement in other sector...tl also guide as a headache. Job if new post are available. 5)working feels good out of office within office it a jail like scenario where lunch break/tea all are fixed...we have to move with team if we are starting not... 6)manager and hr are not helping for any scenario. .

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Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Jul 2021

5.0
 for  Salary and Benefits

Likes

...gement 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 and bonus every year.

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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 .

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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

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Agency Sales Department

3.0
  •  posted on 29 Dec 2020

1.0
 for  Salary and Benefits

Likes

Office team was good. There was work flexibility. Monthly salary used to get on time. Company never deducted Salary during COVID pandemic period.

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Dislikes

Joined this company more then year and half back. Initially everything was fine but suddenly company became over aggressive and messed up the things. The back office process in this company is extremely slow and poor. Even the reporting head was so slow that, literally to issue one policy they used to take two days. Poor support from reporting head. He was not even bothered to check my Whats app messages related to work in case of urgency. He did not even showed courtesy to start the process of company travel claim related to my Induction training due to which I lost my 7000 INR.

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Sales & Business Development Department

5.0
  •  posted on 18 Dec 2020

5.0
 for  Salary and Benefits

Likes

During covid-19 period SBI General Support us like our family.Good work environment,culture and here Seniors are very supportive in this pandemic. Great work experience here and our family also satisfy ki I am a part of this organization.

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Dislikes

Salary are too low as equal to work experience of the employee.So it request please raise salary correction under certain time period. And in our GMC policy request please increase Sum insured limit under Executive Grade.

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SBI General Insurance Deputy Manager Band 1 Salary FAQs

What is the salary of Deputy Manager Band 1 at SBI General Insurance?
Deputy Manager Band 1 salary at SBI General Insurance in India ranges between ₹5.0 Lakhs to ₹5.5 Lakhs for experience between 7 years to 10 years. According to our estimates it is 4% less than the average Deputy Manager Band 1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI General Insurance India.
How does the salary of a Deputy Manager Band 1 at SBI General Insurance India compare with the average salary range for this job?
The average salary of a Deputy Manager Band 1 at SBI General Insurance is 4% less than the average salary of a Deputy Manager Band 1 in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI General Insurance to a Deputy Manager Band 1 in India?
  • Bajaj Allianz General Insurance Deputy Manager Band 1 Salary - ₹4.5 Lakhs to ₹12.0 Lakhs per year
  • HDFC Life Deputy Manager Band 1 Salary - ₹5.8 Lakhs to ₹8.3 Lakhs per year
  • HDFC Ergo General Insurance Deputy Manager Band 1 Salary - ₹4.8 Lakhs to ₹7.5 Lakhs per year
What is the salary of a Deputy Manager Band 1 in companies similar to SBI General Insurance in India?
  • Aditya Birla Health Insurance Co Deputy Manager Band 1 Salary - ₹4.4 Lakhs to ₹5.9 Lakhs per year
  • Max Life Insurance Deputy Manager Band 1 Salary - ₹4.3 Lakhs to ₹5.1 Lakhs per year
  • Tata AIG Deputy Manager Band 1 Salary - ₹2.5 Lakhs to ₹4.7 Lakhs per year
What is the estimated take home salary of a Deputy Manager Band 1 at SBI General Insurance in India?
The estimated take-home salary of a Deputy Manager Band 1 at SBI General Insurance ranges between ₹39,505 per month to ₹40,678 per month in India. The take-home salary calculation is based on the average SBI General Insurance Deputy Manager Band 1 salary in India which ranges between ₹5.0 Lakhs to ₹5.5 Lakhs per year for employees with experience between 7 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Deputy Manager Band 1 at SBI General Insurance?
According to AmbitionBox, 50% of the SBI General Insurance Deputy Manager Band 1s reported a notice period of 1 Month, 17% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI General Insurance Deputy Manager Band 1 salary in India ranges between ₹5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SBI General Insurance latest salaries received from various employees of SBI General Insurance.