Aditya Birla Sun Life Insurance Branch Development Manager Salaries by 2 Employees (Updated 2025)

12 - 15 years exp.

₹3.4 Lakhs - ₹4.4 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 14 Feb 2025

Companies similar to Aditya Birla Sun Life Insurance for Branch Development Manager

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Branch Development Manager Salary 4 - 9 years exp. (48 salaries)	₹2.8 L/yr - ₹5.8 L/yr 6% more
SBI General Insurance Branch Development Manager Salary 3 - 8 years exp. (27 salaries)	₹2.5 L/yr - ₹4.5 L/yr 11% less
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HDFC Life Branch Development Manager Salary 3 - 7 years exp. (11 salaries)	₹2.4 L/yr - ₹4 L/yr 19% less
Bajaj Allianz Life Insurance Branch Development Manager Salary 1 - 16 years exp. (6 salaries)	₹3.9 L/yr - ₹6 L/yr 29% more
Axis Max Life Insurance Branch Development Manager Salary 4 - 8 years exp. (5 salaries)	₹5.2 L/yr - ₹7 L/yr 55% more
Aditya Birla Health Insurance Co Branch Development Manager Salary 3 - 6 years exp. (5 salaries)	₹3.9 L/yr - ₹4.5 L/yr 7% more
Shriram Life Insurance Branch Development Manager Salary 5 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹3.3 L/yr 29% less
Bajaj Allianz General Insurance Branch Development Manager Salary 5 - 11 years exp. (4 salaries)	₹5.2 L/yr - ₹6.5 L/yr 49% more
Reliance Nippon Life Insurance Branch Development Manager Salary 3 - 12 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr 18% more

Branch Development Manager salary at Aditya Birla Sun Life Insurance ranges between ₹3.4 Lakhs to ₹4.4 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 2 latest salaries received from various employees of Aditya Birla Sun Life Insurance.

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Salary related reviews for Aditya Birla Sun Life Insurance

Assistant Sales Manager in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 01 May 2024

1.0

for Salary and Benefits

Likes

Great work-life balance, working culture is decent, good place to learn about insurance and how to work in general. Job security is very high.

Job security - Excellent

+2 more

Dislikes

Salary is easily the worst in the entire industry. Feels more like pocket money. Management isn’t rock-solid all the way. Promotions are best left forgotten. No yearly appraisals. Overall, a very good organisation to work for as long as you don’t care about earning a decent amount.

Salary - Bad

+2 more

Sales Executive in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 09 Oct 2023

1.0

for Salary and Benefits

Likes

Only good thing for beginners is they got a good time to plan their alternative things and plan to grow themselves as the pressure is low. And no such very hard for a beginner to work with.

Job security - Excellent

Dislikes

... No work methods and systems. 4. culture is not good and system is very slow. 5. They do not pay you TA but will say to visit your branches every single day. 6. Disclaimer to everyone who are opting to join Aditya Birla group life at Kolkata or east zone. Do not go under Puspita Ghosh. Be aware of her. No 1 worst lady still exists in the world.

Salary - Bad

+4 more

Sales Executive in Kanpur Nagar

Other Department

5.0

• posted on 17 Jun 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policy are good appraisal are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Salary is decent but career growth is slow.

Regional Training Manager in Varanasi

Full Time

Teaching & Training Department

4.0

• posted on 26 Jun 2024

3.0

for Salary and Benefits

Likes

It's a good company to work with the overall core values of the organisation is excellent.

Dislikes

...if it illogical they will still do it cause the management has decided to do so. Salary is not that competitive and we work for 14-15 hours to close everything. Sometimes you are required to work on weekends and theblast day of the month for which u are not compensated. They do not give any compoffs of you are required to work on holidays.

Skill development - Bad

+4 more

Deputy Cluster Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 Oct 2023

3.0

for Salary and Benefits

Likes

Company has good working culture, which will help you to maintain work life balance.

Job security - Good

+2 more

Dislikes

...pany doesn't have go getter attitude and not aggresive for the business at all. Salary and incentives structure is very poor. Even they don't provide exact salary what they mention at appoinment letter.

Skill development - Poor

+2 more

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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How the salary growth look like for a Branch Development Manager at Aditya Birla Sun Life Insurance in India?

The salary growth for a Branch Development Manager at Aditya Birla Sun Life Insurance depends on factors such as experience, performance, and promotions. On average, a Branch Development Manager can expect the following growth trajectory at Aditya Birla Sun Life Insurance:

Experience	Average Salary Range
12 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
13 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
14 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
15 years	₹3.4 Lakhs to ₹4.4 Lakhs per year

and so on.

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Aditya Birla Sun Life Insurance Branch Development Manager Salaries

Aditya Birla Sun Life Insurance Branch Development Manager salary in India ranges between ₹3.4 Lakhs to ₹4.4 Lakhs. This is an estimate based on latest salaries received from employees of Aditya Birla Sun Life Insurance.

Aditya Birla Sun Life Insurance Branch Development Manager salaries in India (Updated 2025)

Companies similar to Aditya Birla Sun Life Insurance for Branch Development Manager

Similar Designation salaries in Aditya Birla Sun Life Insurance

Salary related reviews for Aditya Birla Sun Life Insurance

Assistant Sales Manager in Kolkata

Sales Executive in Kolkata

Sales Executive in Kanpur Nagar

Regional Training Manager in Varanasi

Deputy Cluster Manager in Kolkata

Aditya Birla Sun Life Insurance Branch Development Manager Salary FAQs

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