Ageas Federal Life Insurance Branch Manager Salaries by 10+ Employees (Updated 2025)

8 - 22 years exp.

₹7 Lakhs - ₹12 Lakhs

Salary of majority employees

6% more than the average Branch Manager Salary in Insurance Companies for 8 - 22 years of experience

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Salaries in different departments

Sales & Business Development Branch Manager Salary 8 - 22 years exp. (7 salaries)	₹9.2 L/yr - ₹11.2 L/yr
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BFSI, Investments & Trading Branch Manager Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹12 L/yr

Last Updated: 18 Feb 2025

Companies similar to Ageas Federal Life Insurance for Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Manager Salary 3 - 18 years exp. (314 salaries)	₹6.4 L/yr - ₹18 L/yr 24% more
HDFC Life Branch Manager Salary 6 - 18 years exp. (271 salaries)	₹5.3 L/yr - ₹12.5 L/yr 4% less
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SBI Life Insurance Company Branch Manager Salary 7 - 24 years exp. (169 salaries)	₹6.5 L/yr - ₹15.7 L/yr 8% more
Max Life Insurance Branch Manager Salary 8 - 19 years exp. (142 salaries)	₹7 L/yr - ₹14 L/yr 9% more	2 job openings
Kotak Mahindara Life Insurance Branch Manager Salary 3 - 18 years exp. (201 salaries)	₹4.5 L/yr - ₹13 L/yr 9% less	2 job openings
Bajaj Allianz Life Insurance Branch Manager Salary 7 - 18 years exp. (129 salaries)	₹4.5 L/yr - ₹13.5 L/yr 17% less	1 job opening
Reliance Nippon Life Insurance Branch Manager Salary 8 - 20 years exp. (194 salaries)	₹3.8 L/yr - ₹10 L/yr 23% less	1 job opening
Tata AIA Life Insurance Branch Manager Salary 9 - 20 years exp. (160 salaries)	₹5 L/yr - ₹16.2 L/yr 22% more	30 job openings
PNB MetLife Branch Manager Salary 8 - 20 years exp. (47 salaries)	₹6.6 L/yr - ₹12.8 L/yr At par
Aditya Birla Sun Life Insurance Branch Manager Salary 5 - 12 years exp. (107 salaries)	₹4.5 L/yr - ₹11.3 L/yr 11% less
Cholamandalam MS General Insurance Branch Manager Salary 3 - 10 years exp. (197 salaries)	₹2.9 L/yr - ₹8.8 L/yr 46% less
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Shriram General Insurance Branch Manager Salary 6 - 15 years exp. (169 salaries)	₹3.2 L/yr - ₹8.5 L/yr 35% less
Aditya Birla Health Insurance Co Branch Manager Salary 5 - 16 years exp. (164 salaries)	₹6 L/yr - ₹12 L/yr 9% less
Future Generali India Life Insurance Branch Manager Salary 7 - 19 years exp. (110 salaries)	₹5 L/yr - ₹16.2 L/yr 7% less	1 job opening
Bharti AXA Life Insurance Branch Manager Salary 7 - 18 years exp. (74 salaries)	₹5 L/yr - ₹10.5 L/yr 19% less
Edelweiss Life Insurance Branch Manager Salary 7 - 15 years exp. (65 salaries)	₹5.5 L/yr - ₹9 L/yr 28% less	1 job opening
ManipalCigna Health Insurance Branch Manager Salary 7 - 17 years exp. (46 salaries)	₹4.8 L/yr - ₹10.5 L/yr 14% less	1 job opening
Aviva Life Insurance India Branch Manager Salary 7 - 22 years exp. (40 salaries)	₹7 L/yr - ₹15 L/yr 5% more
Universal Sompo General Insurance Branch Manager Salary 10 - 17 years exp. (26 salaries)	₹8 L/yr - ₹14.2 L/yr 8% more
Royal Sundaram General Insurance Branch Manager Salary 6 - 17 years exp. (25 salaries)	₹4.5 L/yr - ₹11 L/yr 21% less

View all

Branch Manager salary at Ageas Federal Life Insurance ranges between ₹7 Lakhs to ₹12 Lakhs per year for employees with experience between 8 years to 22 years. Salary estimates are based on 11 latest salaries received from various employees of Ageas Federal Life Insurance.

Experience wise Ageas Federal Life Insurance Branch Manager salaries

Last Updated: 18 Feb 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹17.2 L/yr
9 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
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10 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹12 L/yr
11 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
12 years (3 salaries)	₹8.5 L/yr - ₹10.3 L/yr
13 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.2 L/yr
14 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
15+ years (6 salaries)	₹7 L/yr - ₹11.2 L/yr

View all

Similar Designation salaries in Ageas Federal Life Insurance

Area Manager Salary

(5 salaries)

₹10 L/yr - ₹17 L/yr

Sales Manager Salary

(34 salaries)

₹2 L/yr - ₹9.32 L/yr

Branch Incharge Salary

(AmbitionBox Estimate)

₹8.9 L/yr - ₹11.4 L/yr

Branch Head Salary

(40 salaries)

₹7 L/yr - ₹13.71 L/yr

Deputy Manager Salary

(7 salaries)

₹3.1 L/yr - ₹5.75 L/yr

Chief Manager Salary

(17 salaries)

₹10.26 L/yr - ₹19.81 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Senior Branch Manager Salary

(4 salaries)

₹10 L/yr - ₹18.6 L/yr

Cluster Manager Salary

(6 salaries)

₹7.5 L/yr - ₹8.97 L/yr

Operations Manager Salary

(7 salaries)

₹3.5 L/yr - ₹8.5 L/yr

Salary related reviews for Ageas Federal Life Insurance

3.4

Rated by 10 employees for salary & benefits

Branch Manager in Raipura

BFSI, Investments & Trading Department

1.0

• posted on 17 Apr 2021

3.0

for Salary and Benefits

Likes

...n Raipur pls don't join this organisation . Earlier 3 bm has also fired by them. They promise something while hire also pay good but once you start they don't give manpower not even sales manager. Dam this company has no idea to run variable agency..only depend on the banca. Don't know how they got best work place tag in India. Joining this organisation is a suicide with career....rest is own choice. Thanks.

Dislikes

Skill development - Bad

+5 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 09 Jun 2023

5.0

for Salary and Benefits

Likes

No Dress code work life balance Hybrid (presently) Salary and bonus attractive yearly bonus is amazim

Salary - Excellent

+6 more

Dislikes

9 hours complusory sitting and bimoetric some departments are not at all good Cafeteria will make you starve for good food

Senior Relationship Manager in Thiruvananthapuram

Full Time

Finance & Accounting Department

2.0

• posted on 26 Apr 2022

4.0

for Salary and Benefits

Likes

Worst senior manager makes the company worst place to work with, good package is the only best thing

Salary - Good

Dislikes

Worst selling practice, worst management, worst incentive packages makes the company worst place to work with

Skill development - Poor

+4 more

Territory Manager in Bangalore / Bengaluru

Sales & Business Development Department

4.0

• posted on 01 Mar 2021

4.0

for Salary and Benefits

Likes

Flexibility to work. Space to workout your ideas. Performance gets recognised and incentivised.

Salary - Good

+2 more

Dislikes

When met with adversity like Covid, the management could have considered other cost cutting measures like reducing the salaries, instead of harassing employees by putting them in PIP, where its not because of their fault the business has come down. When one demands for loyalty in top management, loyalty cannot be bought, but is build through mutual trust and support, which the top management failed to recognise, panicked and took some wrong decisions.

Job security - Poor

Sales Manager in Bilaspur

BFSI, Investments & Trading Department

5.0

• posted on 26 Mar 2018

5.0

for Salary and Benefits

Likes

This is good organization , where u can achieve everything . You are free to ur job and u know what u to do . There is a lots of opportunity for carrier growth . I feel proud to having part of this company .

Salary - Excellent

+6 more

Dislikes

Salary .

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Ageas Federal Life Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Ageas Federal Life Insurance?

Branch Manager salary at Ageas Federal Life Insurance in India ranges between ₹7.0 Lakhs to ₹12.0 Lakhs for experience between 8 years to 22 years. According to our estimates it is 6% more than the average Branch Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Ageas Federal Life Insurance India.

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

The average salary of a Branch Manager at Ageas Federal Life Insurance is 6% more 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 Ageas Federal Life Insurance to a Branch Manager in India?

ICICI Prudential Life Insurance Branch Manager Salary - ₹6.4 Lakhs to ₹18.0 Lakhs per year
Tata AIA Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹16.2 Lakhs per year
Max Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
SBI Life Insurance Company Branch Manager Salary - ₹6.5 Lakhs to ₹15.7 Lakhs per year
Universal Sompo General Insurance Branch Manager Salary - ₹8.0 Lakhs to ₹14.2 Lakhs per year

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

Aviva Life Insurance India Branch Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Digit Insurance Branch Manager Salary - ₹9.0 Lakhs to ₹11.3 Lakhs per year
PNB MetLife Branch Manager Salary - ₹6.6 Lakhs to ₹12.8 Lakhs per year
HDFC Life Branch Manager Salary - ₹5.3 Lakhs to ₹12.5 Lakhs per year
Future Generali India Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹16.2 Lakhs per year

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

The estimated take-home salary of a Branch Manager at Ageas Federal Life Insurance ranges between ₹70,708 per month to ₹72,528 per month in India. The take-home salary calculation is based on the average Ageas Federal Life Insurance Branch Manager salary in India which ranges between ₹7.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 8 years to 22 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at Ageas Federal Life Insurance?

According to AmbitionBox, 46% of the Ageas Federal Life Insurance Branch Managers reported a notice period of 3 Months, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Ageas Federal Life Insurance Branch Manager Salaries

Ageas Federal Life Insurance Branch Manager salary in India ranges between ₹7 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.

Ageas Federal Life Insurance Branch Manager salaries in India

Companies similar to Ageas Federal Life Insurance for Branch Manager

Latest annual salaries shared by Ageas Federal Life Insurance Branch Manager

Experience wise Ageas Federal Life Insurance Branch Manager salaries

Similar Designation salaries in Ageas Federal Life Insurance

Salary related reviews for Ageas Federal Life Insurance

Branch Manager in Raipura

Deputy Manager in Mumbai

Senior Relationship Manager in Thiruvananthapuram

Territory Manager in Bangalore / Bengaluru

Sales Manager in Bilaspur

Ageas Federal Life Insurance Branch Manager Salary FAQs

Tell us how to improve this page.

Ageas Federal Life Insurance Branch Manager Salaries by Location