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Ageas Federal Life Insurance Branch Manager salaries in India (Updated 2025)

Annual salary range
8 - 22 years exp.
₹7 Lakhs - ₹12 Lakhs
Salary of majority employees
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At par with 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)
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₹9.2 L/yr - ₹11.2 L/yr

BFSI, Investments & Trading
Branch Manager Salary
10 - 12 years exp. (AmbitionBox Estimate)
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₹8.5 L/yr - ₹12 L/yr

Last Updated: 14 Mar 2025

Companies similar to Ageas Federal Life Insurance for Branch Manager

Company name Avg Annual Salary Open Jobs
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₹2.9 L/yr - ₹8.8 L/yr

arrow icon 41% less
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Shriram General Insurance Branch Manager Salary

6 - 15 years exp. (173 salaries)

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₹3.2 L/yr - ₹8.5 L/yr

arrow icon 32% less
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₹5 L/yr - ₹12 L/yr

arrow icon 4% less
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₹5 L/yr - ₹15.9 L/yr

arrow icon 1% more
2 job openings
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Bharti AXA Life Insurance Branch Manager Salary

7 - 18 years exp. (72 salaries)

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₹5 L/yr - ₹12 L/yr

arrow icon 11% less
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Edelweiss Life Insurance Branch Manager Salary

8 - 14 years exp. (50 salaries)

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₹5.7 L/yr - ₹8.5 L/yr

arrow icon 24% less
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₹4.8 L/yr - ₹10.5 L/yr

arrow icon 13% less
1 job opening
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₹7 L/yr - ₹15 L/yr

arrow icon 8% more
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₹8 L/yr - ₹14.2 L/yr

arrow icon 14% more
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₹4.5 L/yr - ₹11 L/yr

arrow icon 14% less
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Bajaj Capital Insurance Branch Manager Salary

3 - 10 years exp. (16 salaries)

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₹2.9 L/yr - ₹4.5 L/yr

arrow icon 61% less
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₹5 L/yr - ₹9.3 L/yr

arrow icon 18% less
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₹4.2 L/yr - ₹7.5 L/yr

arrow icon 38% less
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Medi Assist India Branch Manager Salary

7 - 13 years exp. (6 salaries)

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₹4.3 L/yr - ₹13.6 L/yr

arrow icon 14% less
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Aegon Life Insurance Branch Manager Salary

10 - 13 years exp. (5 salaries)

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₹5.1 L/yr - ₹13.2 L/yr

arrow icon 12% less
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₹6.2 L/yr - ₹6.4 L/yr

arrow icon 31% less
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.

Latest annual salaries shared by Ageas Federal Life Insurance Branch Manager

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12 years exp.
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12 years exp.
5mo ago
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22 years exp.
7mo ago
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8 years exp.
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15 years exp.
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10 years exp.
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16 years exp.

Experience wise Ageas Federal Life Insurance Branch Manager salaries

Last Updated: 14 Mar 2025

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹10.4 L/yr
9 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹10.5 L/yr
10 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹10.5 L/yr
11 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹10.5 L/yr
12 years  (3 salaries)

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₹8.5 L/yr - ₹10.3 L/yr
View all

Similar Designation salaries in Ageas Federal Life Insurance

Area Manager Salary
(5 salaries)
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₹16.25 L/yr - ₹21 L/yr
Sales Manager Salary
(25 salaries)
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₹2.9 L/yr - ₹7.6 L/yr
Branch Incharge Salary
(AmbitionBox Estimate)
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₹8.9 L/yr - ₹11.4 L/yr
Branch Head Salary
(39 salaries)
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₹7 L/yr - ₹13.71 L/yr
Deputy Manager Salary
(7 salaries)
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₹3.1 L/yr - ₹5.75 L/yr
Chief Manager Salary
(17 salaries)
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₹10.26 L/yr - ₹20.09 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr
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₹10 L/yr - ₹18.6 L/yr
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₹7.5 L/yr - ₹8.97 L/yr
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₹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

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.

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Dislikes

No

  • Skill development - Bad
  • +5 more

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

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  • 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

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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

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  • Salary - Good

Dislikes

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

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  • Skill development - Poor
  • +4 more

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.

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  • Job security - Poor

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 .

read more
  • 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 ?
The average salary of a Branch Manager at Ageas Federal Life Insurance in India typically ranges from ₹7.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 8 years to 22 years).

The top 10% of Branch Manager at Ageas Federal Life Insurance earn more than ₹11.5 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Branch Manager Salaries at Ageas Federal Life 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+ Ageas Federal Life Insurance employees in India.
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 in India typically ranges from ₹67,003 to ₹68,718 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 8 years to 22 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 Ageas Federal Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Ageas Federal Life Insurance for Branch Manager in India?
Universal Sompo General Insurance ₹8.0 Lakhs to ₹14.2 Lakhs per year
Aviva Life Insurance India ₹7.0 Lakhs to ₹15.0 Lakhs per year
Future Generali India Life Insurance ₹5.0 Lakhs to ₹15.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Ageas Federal Life Insurance, depending on the role and experience level.
What is the salary of a Branch Manager in companies similar to Ageas Federal Life Insurance in India?
The salary of a Branch Manager at companies similar to Ageas Federal Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Health Insurance Co ₹5.0 Lakhs to ₹12.0 Lakhs per year
Bharti AXA Life Insurance ₹5.0 Lakhs to ₹12.0 Lakhs per year
Aegon Life Insurance ₹5.1 Lakhs to ₹13.2 Lakhs per year
ManipalCigna Health Insurance ₹4.8 Lakhs to ₹10.5 Lakhs per year
Royal Sundaram General Insurance ₹4.5 Lakhs to ₹11.0 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 Branch Manager at Ageas Federal Life Insurance in India?
The salary growth for a Branch Manager at Ageas Federal Life Insurance depends on factors such as experience, performance, and promotions. On average, a Branch Manager can expect the following growth trajectory at Ageas Federal Life Insurance:

Experience Average Salary Range
8 years ₹8.2 Lakhs to ₹10.4 Lakhs per year
9 years ₹8.2 Lakhs to ₹10.5 Lakhs per year
10 years ₹8.2 Lakhs to ₹10.5 Lakhs per year
11 years ₹8.2 Lakhs to ₹10.5 Lakhs per year
and so on.

Tell us how to improve this page.

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