Tata AIG Mumbai Deputy Manager Band 1 Salaries by 20+ Employees (Updated 2025)

2 - 8 years exp.

₹2.5 Lakhs - ₹4.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

35% less than the average Deputy Manager Band 1 Salary in Insurance Companies for 2 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Deputy Manager Band 1 Salary 2 - 8 years exp. (19 salaries)	₹2.5 L/yr - ₹4.3 L/yr
Finance & Accounting Deputy Manager Band 1 Salary 2 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹4.4 L/yr
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BFSI, Investments & Trading Deputy Manager Band 1 Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹3.8 L/yr

Last Updated: 22 Mar 2025

Companies similar to Tata AIG for Deputy Manager Band 1 in Mumbai

Tata AIG Deputy Manager Band 1 Salary

2 - 8 years exp. (27 salaries)

₹2.5 L/yr - ₹4.4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Deputy Manager Band 1 Salary 0 - 10 years exp. (230 salaries)	₹3 L/yr - ₹6.5 L/yr 56% more
HDFC Bank Deputy Manager Band 1 Salary 3 - 9 years exp. (9 salaries)	₹4.1 L/yr - ₹6.5 L/yr 56% more
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Axis Bank Deputy Manager Band 1 Salary 4 - 8 years exp. (7 salaries)	₹4.4 L/yr - ₹8 L/yr 72% more
RBL Bank Deputy Manager Band 1 Salary 0 - 10 years exp. (5 salaries)	₹4.5 L/yr - ₹6 L/yr 38% more
IndusInd Bank Deputy Manager Band 1 Salary 7 - 8 years exp. (3 salaries)	₹5 L/yr - ₹6.7 L/yr 48% more

Deputy Manager Band 1 salary at Tata AIG ranges between ₹2.5 Lakhs to ₹4.4 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 27 latest salaries received from various employees of Tata AIG.

Latest annual salaries shared by Tata AIG Deputy Manager Band 1 in Mumbai

2w ago

₹4.4 Lakhs

4 years exp.

1mo ago

₹3.2 Lakhs

4 years exp.

3mo ago

₹2.9 Lakhs

3 years exp.

4mo ago

₹3.6 Lakhs

3 years exp.

5mo ago

₹4.2 Lakhs

8 years exp.

5mo ago

8 years exp.

8mo ago

5 years exp.

10mo ago

3 years exp.

11mo ago

5 years exp.

1y ago

2 years exp.

Experience wise Tata AIG Deputy Manager Band 1 salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
2 years (5 salaries)	₹2.8 L/yr - ₹4 L/yr
3 years (6 salaries)	₹2.5 L/yr - ₹3.8 L/yr
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4 years (6 salaries)	₹2.5 L/yr - ₹4.4 L/yr
5 years (5 salaries)	₹2.7 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr

View all

Similar Designation salaries in Tata AIG

Deputy Manager Salary

(202 salaries)

₹2.6 L/yr - ₹8.39 L/yr

Relationship Manager Salary

(100 salaries)

₹2.3 L/yr - ₹7.5 L/yr

Sales Manager Salary

(31 salaries)

₹2.5 L/yr - ₹10.5 L/yr

Operations Manager Salary

(10 salaries)

₹3.3 L/yr - ₹6 L/yr

Team Lead Salary

(3 salaries)

₹1.5 L/yr - ₹5.8 L/yr

Salary related reviews for Tata AIG

3.8

Rated by 4 employees for salary & benefits

Sales Manager in New Delhi

Full Time

Sales & Business Development Department

5.0

• posted on 04 Mar 2023

3.0

for Salary and Benefits

Likes

Work space for employees is really good..even that culture is also good. U will completely have enough time to spend with family and learn some activities but to be honest I am in sales so for us every day is working day

Job security - Good

+2 more

Dislikes

Salary package is little bit low specially for front liners

Relationship Manager in Bangalore / Bengaluru

Full Time

Axis Branch Banking Department

4.0

• posted on 26 Aug 2022

3.0

for Salary and Benefits

Likes

Tata AIG is employee friendly company and gives time to learn and build our career. It has a brand and Claim settlement is good where most of the customers and channel partners prefer to take Tata Aig policy

Skill development - Excellent

+4 more

Dislikes

There is no proper salary hikes for the employees working in the organization since very long. The work which we do is not worth for the salary we are getting. Appraisals are not given as per hardwork and business numbers. Also very often we get IT issues or pan india portal locks due to any one persons mistake where all as to suffer

Process Associate in Hyderabad / Secunderabad

Customer Success, Service & Operations Department

4.0

• posted on 13 Apr 2022

2.0

for Salary and Benefits

Likes

Tata aig is a very good worksplace where a person can prove his skills and grow further

Skill development - Excellent

+2 more

Dislikes

salary doesn't get hike even after 2year of working. managers need to balance balance their concentration on work and employees salaried

Salary - Poor

+1 more

Relationship Manager in Jodhpur

Sales & Service Department

4.0

• posted on 15 May 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.

Salary - Excellent

+5 more

Dislikes

On the job training is not given to new joinees

Deputy Manager in Gorakhpur

Sales & Service Department

4.0

• posted on 09 May 2021

3.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good but little bit of changes are required, appraisals are fair and they give almost good salary hike and bonus every year.

Skill development - Good

+1 more

Dislikes

Career growth is slow

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Tata AIG Deputy Manager Band 1 Salary FAQs

What is the salary of Deputy Manager Band 1 at Tata AIG in Mumbai?

The average salary of a Deputy Manager Band 1 at Tata AIG in Mumbai typically ranges from ₹2.5 Lakhs to ₹4.4 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Deputy Manager Band 1 in Mumbai at Tata AIG earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.4 Lakhs per year. Deputy Manager Band 1 Salaries at Tata AIG 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 20+ Tata AIG employees in India.

What is the estimated take home salary of a Deputy Manager Band 1 at Tata AIG in Mumbai?

The estimated take-home salary of a Deputy Manager Band 1 at Tata AIG in Mumbai typically ranges from ₹25,740 to ₹27,168 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.4 Lakhs per year for employees with experience ranging from 2 years to 8 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 20+ salaries received from various employees of Tata AIG. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Tata AIG for Deputy Manager Band 1 in India?

Axis Bank	₹4.4 Lakhs to ₹8.0 Lakhs per year
HDFC Bank	₹4.1 Lakhs to ₹6.5 Lakhs per year
ICICI Bank	₹3.0 Lakhs to ₹6.5 Lakhs per year
IndusInd Bank	₹5.0 Lakhs to ₹6.7 Lakhs per year
RBL Bank	₹4.5 Lakhs to ₹6.0 Lakhs per year

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

How the salary growth look like for a Deputy Manager Band 1 at Tata AIG in Mumbai?

The salary growth for a Deputy Manager Band 1 at Tata AIG in Mumbai depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Band 1 in Mumbai can expect the following growth trajectory at Tata AIG:

Experience	Average Salary Range
2 years	₹2.8 Lakhs to ₹4.0 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.8 Lakhs per year
4 years	₹2.5 Lakhs to ₹4.4 Lakhs per year
5 years	₹2.7 Lakhs to ₹4.3 Lakhs per year

and so on.

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Tata AIG Deputy Manager Band 1 Salaries in Mumbai

Tata AIG Deputy Manager Band 1 salary in Mumbai ranges between ₹2.5 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 Tata AIG latest salaries received from various employees of Tata AIG.