SBI General Insurance Pune Deputy Manager Salaries by 10+ Employees (Updated 2025)

4 - 9 years exp.

₹4.5 Lakhs - ₹7 Lakhs

Salary of majority employees

36% less than the average Deputy Manager Salary in Insurance Companies for 4 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations Deputy Manager Salary 4 - 9 years exp. (5 salaries)	₹4.5 L/yr - ₹7 L/yr
BFSI, Investments & Trading Deputy Manager Salary 7 - 9 years exp. (3 salaries)	₹4.5 L/yr - ₹5.7 L/yr
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Sales & Business Development Deputy Manager Salary 6 - 9 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr

Last Updated: 11 Mar 2025

Companies similar to SBI General Insurance for Deputy Manager in Pune

SBI General Insurance Deputy Manager Salary

4 - 9 years exp. (12 salaries)

₹4.5 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Deputy Manager Salary 1 - 16 years exp. (134 salaries)	₹5.4 L/yr - ₹16.5 L/yr 104% more
Axis Max Life Insurance Deputy Manager Salary 0 - 11 years exp. (83 salaries)	₹3.1 L/yr - ₹7 L/yr 5% less	20 job openings
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HDFC Life Deputy Manager Salary 1 - 14 years exp. (17 salaries)	₹4.5 L/yr - ₹11.5 L/yr 43% more
Aditya Birla Sun Life Insurance Deputy Manager Salary 3 - 10 years exp. (9 salaries)	₹5 L/yr - ₹7.4 L/yr 20% more
Aditya Birla Health Insurance Co Deputy Manager Salary 3 - 11 years exp. (9 salaries)	₹6.6 L/yr - ₹10.6 L/yr 50% more
Star Health & Allied Insurance Deputy Manager Salary 4 - 12 years exp. (7 salaries)	₹4.2 L/yr - ₹7 L/yr 14% more
Magma HDI General Insurance Deputy Manager Salary 3 - 16 years exp. (5 salaries)	₹7.3 L/yr - ₹9.1 L/yr 48% more
Star Union Dai-ichi Life Insurance Deputy Manager Salary 6 - 10 years exp. (4 salaries)	₹5 L/yr - ₹12.3 L/yr 41% more
ICICI Prudential Life Insurance Deputy Manager Salary 1 - 2 years exp. (3 salaries)	₹5 L/yr - ₹7 L/yr 4% less

Deputy Manager salary at SBI General Insurance ranges between ₹4.5 Lakhs to ₹7 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 12 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Deputy Manager salaries in Pune

Last Updated: 11 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
5 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
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6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
8 years (5 salaries)	₹4.8 L/yr - ₹7 L/yr
9 years (3 salaries)	₹4.5 L/yr - ₹9.6 L/yr

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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

Cluster Manager Salary

(3 salaries)

₹9 L/yr - ₹9.9 L/yr

Salary related reviews for SBI General Insurance

1.0

Rated by 1 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.

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What people are saying about SBI General Insurance

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miraculouslemon

works at

SBI General Insurance

Rejection profile by HR At shortlisted company.

Hii, I want to change the industry from BFSI to oil and and automobile. But Hr is not shortlisting me and if HR shortlist me than o don’t get shortlisted by concerned manager. even I have knowledge and work experience in particular industry. How can I crack this now.

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SBI General Insurance Deputy Manager Salary FAQs

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

The average salary of a Deputy Manager at SBI General Insurance in Pune typically ranges from ₹4.5 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Deputy Manager in Pune at SBI General Insurance earn more than ₹6.9 Lakhs per year, and the top 1% earn over ₹7.0 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 10+ SBI General Insurance employees in India.

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

The estimated take-home salary of a Deputy Manager at SBI General Insurance in Pune typically ranges from ₹41,356 to ₹42,501 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 4 years to 9 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 10+ 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?

Bajaj Allianz Life Insurance	₹5.4 Lakhs to ₹16.5 Lakhs per year
Aditya Birla Health Insurance Co	₹6.6 Lakhs to ₹10.6 Lakhs per year
Magma HDI General Insurance	₹7.3 Lakhs to ₹9.1 Lakhs per year
HDFC Life	₹4.5 Lakhs to ₹11.5 Lakhs per year
Star Union Dai-ichi Life Insurance	₹5.0 Lakhs to ₹12.3 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 Pune?

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

Aditya Birla Sun Life Insurance	₹5.0 Lakhs to ₹7.4 Lakhs per year
Star Health & Allied Insurance	₹4.2 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance	₹5.0 Lakhs to ₹7.0 Lakhs per year
Axis Max Life Insurance	₹3.1 Lakhs to ₹7.0 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 SBI General Insurance in Pune?

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

Experience	Average Salary Range
4 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
5 years	₹4.9 Lakhs to ₹6.3 Lakhs per year
6 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
7 years	₹4.8 Lakhs to ₹6.1 Lakhs per year

and so on.

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SBI General Insurance Deputy Manager Salaries in Pune

SBI General Insurance Deputy Manager salary in Pune ranges between ₹4.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 SBI General Insurance latest salaries received from various employees of SBI General Insurance.