Aegon Life Insurance Branch Manager Salaries by 5 Employees (Updated 2025)

10 - 13 years exp.

₹5.1 Lakhs - ₹13.2 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Branch Manager Salary in Insurance Companies for 10 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 10 - 12 years exp. (4 salaries)	₹5.1 L/yr - ₹7.8 L/yr
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Sales & Business Development Branch Manager Salary 13 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹16.5 L/yr

Last Updated: 14 Mar 2023

Companies similar to Aegon Life Insurance for Branch Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Manager Salary 6 - 18 years exp. (270 salaries)	₹5.3 L/yr - ₹12.5 L/yr 16% more
ICICI Prudential Life Insurance Branch Manager Salary 3 - 18 years exp. (311 salaries)	₹6.3 L/yr - ₹18.8 L/yr 49% more
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SBI Life Insurance Company Branch Manager Salary 7 - 24 years exp. (167 salaries)	₹6.5 L/yr - ₹15.7 L/yr 29% more
Max Life Insurance Branch Manager Salary 8 - 19 years exp. (139 salaries)	₹7 L/yr - ₹14 L/yr 26% more	3 job openings
Bajaj Allianz Life Insurance Branch Manager Salary 7 - 20 years exp. (142 salaries)	₹4.5 L/yr - ₹13.5 L/yr 7% more
Reliance Nippon Life Insurance Branch Manager Salary 8 - 19 years exp. (195 salaries)	₹3.8 L/yr - ₹11.5 L/yr 7% less
Kotak Mahindara Life Insurance Branch Manager Salary 3 - 18 years exp. (201 salaries)	₹4.5 L/yr - ₹13.5 L/yr 11% more	2 job openings
Tata AIA Life Insurance Branch Manager Salary 9 - 20 years exp. (158 salaries)	₹5 L/yr - ₹16.2 L/yr 49% more	18 job openings
PNB MetLife Branch Manager Salary 8 - 20 years exp. (47 salaries)	₹6.6 L/yr - ₹12.8 L/yr 19% more
Aditya Birla Sun Life Insurance Branch Manager Salary 5 - 12 years exp. (109 salaries)	₹4.5 L/yr - ₹11.3 L/yr 7% more
Cholamandalam MS General Insurance Branch Manager Salary 3 - 10 years exp. (209 salaries)	₹2.9 L/yr - ₹8.8 L/yr 34% less
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Shriram General Insurance Branch Manager Salary 6 - 15 years exp. (171 salaries)	₹3.2 L/yr - ₹8.5 L/yr 22% less
Aditya Birla Health Insurance Co Branch Manager Salary 5 - 16 years exp. (159 salaries)	₹6.5 L/yr - ₹12.5 L/yr 11% more
Future Generali India Life Insurance Branch Manager Salary 7 - 19 years exp. (114 salaries)	₹5 L/yr - ₹16 L/yr 18% more	1 job opening
Bharti AXA Life Insurance Branch Manager Salary 7 - 18 years exp. (74 salaries)	₹5 L/yr - ₹10.5 L/yr 1% more
Edelweiss Life Insurance Branch Manager Salary 7 - 15 years exp. (65 salaries)	₹5.5 L/yr - ₹9 L/yr 14% less	1 job opening
ManipalCigna Health Insurance Branch Manager Salary 6 - 17 years exp. (46 salaries)	₹4.8 L/yr - ₹10.5 L/yr 2% less	1 job opening
Aviva Life Insurance India Branch Manager Salary 7 - 22 years exp. (40 salaries)	₹7 L/yr - ₹15 L/yr 26% more
Royal Sundaram General Insurance Branch Manager Salary 6 - 17 years exp. (25 salaries)	₹4.5 L/yr - ₹11 L/yr 4% less
Ageas Federal Life Insurance Branch Manager Salary 8 - 22 years exp. (11 salaries)	₹7 L/yr - ₹12 L/yr 20% more

View all

Branch Manager salary at Aegon Life Insurance ranges between ₹5.1 Lakhs to ₹13.2 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Aegon Life Insurance.

Experience wise Aegon Life Insurance Branch Manager salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.1 L/yr
11 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
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12 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹16.5 L/yr
13 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹15 L/yr

Similar Designation salaries in Aegon Life Insurance

Area Manager Salary

(4 salaries)

₹12 L/yr - ₹14 L/yr

Sales Manager Salary

(12 salaries)

₹3.5 L/yr - ₹6 L/yr

Branch Head Salary

(5 salaries)

₹7.25 L/yr - ₹12.75 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Operations Manager Salary

(3 salaries)

₹4.2 L/yr - ₹9 L/yr

Area Sales Manager Salary

(4 salaries)

₹3.7 L/yr - ₹14 L/yr

Territory Manager Salary

(4 salaries)

₹8.25 L/yr - ₹9.75 L/yr

Relationship Manager Salary

(154 salaries)

₹2.5 L/yr - ₹4.3 L/yr

Salary related reviews for Aegon Life Insurance

2.5

Rated by 4 employees for salary & benefits

Relationship Manager in Pune

Sales & Business Development Department

2.0

• posted on 01 Nov 2018

2.0

for Salary and Benefits

Likes

Teammates are supportive. But managers are not so supportive and cooperative.

Job security - Good

Dislikes

They didn't pay me incentives earned during Jan 18 till date. BH/ABH will assure that you don't get paid on time. No quality data to work on and just too much useless pressure created

Salary - Poor

+4 more

Assistant Manager (working remotely)

Full Time

Marketing & Communication Department

2.0

• posted on 23 Apr 2023

2.0

for Salary and Benefits

Likes

Remote work and some home office setup cost is only main benefit but they come at very high other costs.

Dislikes

HR department gives you false claims to lurk you towards closing job at their end. They will show how much you will gain and additional variable pay above your CTC which is not given at end of year claiming company is in loss and No yearly appraisals are given after HR run behinds you every month to fill data on their HR portals. Use less portals and they only working towards their image correction in market as they are in very bad condition right now. Do not buy this fruit of Aegon Job as its shiny outside and rotten inside.

Salary - Poor

+5 more

DVP in HO Mumbai

Strategic & Top Management Department

5.0

• posted on 26 May 2022

4.0

for Salary and Benefits

Likes

... you are heard. Access to top leadership which is sensitive and not opinionated. Aegon has a flat structure and pay is the best in the sector.

Salary - Good

+6 more

Dislikes

Nothing to dislike in the company or its culture.

Regional Manager in Kolkata

BFSI, Investments & Trading Department

1.0

• posted on 25 Oct 2021

4.0

for Salary and Benefits

Likes

Nothing good.

Salary - Good

Dislikes

To be short and precise, DON'T JOIN even if they offer you 2 times salary. Just check their past record. It's already twice that they have closed channels at their whims and put hundreds of people's career into jeopardy. Very weak management both in India and Abroad. They have a knee jerk reaction to problems. Stay away. They don't have any Branch also

Skill development - Bad

+4 more

Assistant Manager in Mumbai

BFSI, Investments & Trading Department

3.0

• posted on 20 May 2019

5.0

for Salary and Benefits

Likes

Every individual plays superb role as a Team. Salary is very high.

Salary - Excellent

Dislikes

But the Individuals are not helpful as internal customer. The Salary package is very high for each designation as compare to Market. So once you decide to leave Aegon, the other company will not recruit you because of your high salary.

Skill development - Poor

+4 more

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Aegon Life Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Aegon Life Insurance?

Branch Manager salary at Aegon Life Insurance in India ranges between ₹5.1 Lakhs to ₹13.2 Lakhs for experience between 10 years to 13 years. According to our estimates it is 11% less than the average Branch Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Aegon Life Insurance India.

How does the salary of a Branch Manager at Aegon Life Insurance India compare with the average salary range for this job?

The average salary of a Branch Manager at Aegon Life Insurance is 11% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Aegon Life Insurance to a Branch Manager in India?

ICICI Prudential Life Insurance Branch Manager Salary - ₹6.3 Lakhs to ₹18.8 Lakhs per year
Tata AIA Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹16.2 Lakhs per year
SBI Life Insurance Company Branch Manager Salary - ₹6.5 Lakhs to ₹15.7 Lakhs per year
Max Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
Aviva Life Insurance India Branch Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Branch Manager in companies similar to Aegon Life Insurance in India?

Digit Insurance Branch Manager Salary - ₹9.0 Lakhs to ₹11.3 Lakhs per year
Ageas Federal Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
PNB MetLife Branch Manager Salary - ₹6.6 Lakhs to ₹12.8 Lakhs per year
Future Generali India Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
HDFC Life Branch Manager Salary - ₹5.3 Lakhs to ₹12.5 Lakhs per year

What is the estimated take home salary of a Branch Manager at Aegon Life Insurance in India?

The estimated take-home salary of a Branch Manager at Aegon Life Insurance ranges between ₹59,883 per month to ₹61,397 per month in India. The take-home salary calculation is based on the average Aegon Life Insurance Branch Manager salary in India which ranges between ₹5.1 Lakhs to ₹13.2 Lakhs per year for employees with experience between 10 years to 13 years. Check how did we calculate take home salary?

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Aegon Life Insurance Branch Manager Salaries

Aegon Life Insurance Branch Manager salary in India ranges between ₹5.1 Lakhs to ₹13.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Aegon Life Insurance latest salaries received from various employees of Aegon Life Insurance.

Aegon Life Insurance Branch Manager salaries in India

Companies similar to Aegon Life Insurance for Branch Manager

Latest annual salaries shared by Aegon Life Insurance Branch Manager

Experience wise Aegon Life Insurance Branch Manager salaries

Similar Designation salaries in Aegon Life Insurance

Salary related reviews for Aegon Life Insurance

Relationship Manager in Pune

Assistant Manager (working remotely)

DVP in HO Mumbai

Regional Manager in Kolkata

Assistant Manager in Mumbai

Aegon Life Insurance Branch Manager Salary FAQs

Tell us how to improve this page.

Aegon Life Insurance Branch Manager Salaries by Location