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

4 - 8 years exp.

₹5.2 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

22% more than the average Branch Development Manager Salary in Insurance Companies for 4 - 8 years of experience

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Salaries in different departments

Sales & Business Development Branch Development Manager Salary 4 - 8 years exp. (3 salaries)	₹5.2 L/yr - ₹7 L/yr
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Marketing & Communication Branch Development Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.5 L/yr

Last Updated: 19 Mar 2024

Companies similar to Axis Max Life Insurance for Branch Development Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Development Manager Salary 3 - 7 years exp. (11 salaries)	₹2.4 L/yr - ₹4 L/yr 46% less
SBI Life Insurance Company Branch Development Manager Salary 4 - 9 years exp. (46 salaries)	₹2.8 L/yr - ₹5.8 L/yr 32% less
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Bajaj Allianz Life Insurance Branch Development Manager Salary 1 - 16 years exp. (5 salaries)	₹4.5 L/yr - ₹6 L/yr 14% less
Reliance Nippon Life Insurance Branch Development Manager Salary 3 - 12 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr 24% less
Aditya Birla Sun Life Insurance Branch Development Manager Salary 5 - 12 years exp. (5 salaries)	₹3.6 L/yr - ₹4.5 L/yr 36% less
SBI General Insurance Branch Development Manager Salary 3 - 8 years exp. (27 salaries)	₹2.5 L/yr - ₹4.5 L/yr 44% less
Care Health Insurance Branch Development Manager Salary 10 - 14 years exp. (8 salaries)	₹6.8 L/yr - ₹8.1 L/yr 15% more
Shriram Life Insurance Branch Development Manager Salary 5 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹3.3 L/yr 54% less
Bajaj Allianz General Insurance Branch Development Manager Salary 5 - 11 years exp. (4 salaries)	₹5.2 L/yr - ₹6.5 L/yr 4% less
Cholamandalam MS General Insurance Branch Development Manager Salary 3 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.8 L/yr 46% less

Branch Development Manager salary at Axis Max Life Insurance ranges between ₹5.2 Lakhs to ₹7 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Branch Development Manager salaries

Last Updated: 19 Mar 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹10 L/yr
5 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
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6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7 L/yr
8 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7 L/yr

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Salary related reviews for Axis Max Life Insurance

5.0

Rated by 2 employees for salary & benefits

Deputy Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 05 Jan 2024

1.0

for Salary and Benefits

Likes

To be very honest . Leaders are not at all good. They don’t treat people with respect. Just Bogus Company I ever worked with.

Dislikes

Everything. Full of Politics. Managers and leaders are not at all good.. Doesn’t provide Exact salary. And the KRA’s don’t match what they said during Interview.

Salary - Bad

+6 more

Sales Manager in New Delhi

Full Time

Sales Department

2.0

• posted on 26 Nov 2022

2.0

for Salary and Benefits

Likes

...hing About Likes and dislike as company is not my Girlfriend or spouse to love There is only one rule once you perform for any company company will pay. Once you are not favourite for your manager you have to leave the company. No employee want to change the job real truth is employee change their manager.

Salary - Poor

+6 more

Business Development Manager in Meerut

Sales & Business Development Department

1.0

• posted on 05 Feb 2022

1.0

for Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

Dislikes

Salary - Bad
Job security - Bad

+4 more

Business Development Manager in Tirunelveli

Marketing & Communication Department

5.0

• posted on 12 Apr 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

+6 more

Dislikes

Branch Manager

Sales BD Department

5.0

• posted on 21 Dec 2018

5.0

for Salary and Benefits

Likes

It was very nice expierence to work with Max,very good teammates, nice growth appraisal excellent good salary Yes there is politics ay higher level high mode learning as per industry standards. It was turning point of my life.

Salary - Excellent

+6 more

Dislikes

Nothing Nothing Nothing

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What people are saying about Axis Max Life Insurance

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wiserhino

works at

Max Life Insurance

Looking for career Growth I have 6+ years of experience in Hr operations & Recruitment currently withdrawing 4.9LPA Kindly suggest some tips for salary and career growth

Kindly give me some tips for salary growth

Salary growth

Career growth

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Axis Max Life Insurance Branch Development Manager Salary FAQs

What is the salary of Branch Development Manager at Max Life Insurance?

Branch Development Manager salary at Max Life Insurance in India ranges between ₹5.2 Lakhs to ₹7.0 Lakhs for experience between 4 years to 8 years. According to our estimates it is 22% more than the average Branch Development Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Branch Development Manager at Max Life Insurance is 22% more than the average salary of a Branch Development Manager in India. To know exact salary insights, login to view.

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

Care Health Insurance Branch Development Manager Salary - ₹6.8 Lakhs to ₹8.1 Lakhs per year

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

Bajaj Allianz General Insurance Branch Development Manager Salary - ₹5.2 Lakhs to ₹6.5 Lakhs per year
Bajaj Allianz Life Insurance Branch Development Manager Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
Reliance Nippon Life Insurance Branch Development Manager Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
SBI Life Insurance Company Branch Development Manager Salary - ₹2.8 Lakhs to ₹5.8 Lakhs per year
Aditya Birla Sun Life Insurance Branch Development Manager Salary - ₹3.6 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Branch Development Manager at Max Life Insurance ranges between ₹46,084 per month to ₹47,177 per month in India. The take-home salary calculation is based on the average Max Life Insurance Branch Development Manager salary in India which ranges between ₹5.2 Lakhs to ₹7.0 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Branch Development Manager at Max Life Insurance?

According to AmbitionBox, 100% of the Max Life Insurance Branch Development Managers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Max Life Insurance Branch Development Manager Salaries

Axis Max Life Insurance Branch Development Manager salary in India ranges between ₹5.2 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.