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

2 - 13 years exp.

₹1 Lakh - ₹10 Lakhs

Low Confidence

Salary of majority employees

26% less than the average Deputy Branch Manager Salary in Insurance Companies for 2 - 13 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Deputy Branch Manager Salary 10 - 13 years exp. (3 salaries)	₹1 L/yr - ₹10 L/yr
Login to view exact salary
Finance & Accounting Deputy Branch Manager Salary 5 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 10 Jul 2024

Companies similar to Axis Max Life Insurance for Deputy Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Deputy Branch Manager Salary 0 - 11 years exp. (5 salaries)	₹2.9 L/yr - ₹6 L/yr 24% less
HDFC Life Deputy Branch Manager Salary 3 - 14 years exp. (7 salaries)	₹5 L/yr - ₹8 L/yr 16% more
Login to view exact salary
Bajaj Allianz Life Insurance Deputy Branch Manager Salary 8 - 14 years exp. (10 salaries)	₹5 L/yr - ₹7 L/yr 17% more
Kotak Mahindara Life Insurance Deputy Branch Manager Salary 3 - 6 years exp. (7 salaries)	₹3.2 L/yr - ₹4.5 L/yr 27% less
Reliance Nippon Life Insurance Deputy Branch Manager Salary 0 - 8 years exp. (3 salaries)	₹4 L/yr - ₹13 L/yr 63% more
Tata AIA Life Insurance Deputy Branch Manager Salary 3 - 13 years exp. (4 salaries)	₹7.2 L/yr - ₹8.5 L/yr 40% more
Aditya Birla Sun Life Insurance Deputy Branch Manager Salary 3 - 13 years exp. (3 salaries)	₹6 L/yr - ₹6.8 L/yr 16% more
Care Health Insurance Deputy Branch Manager Salary 1 - 22 years exp. (81 salaries)	₹3 L/yr - ₹6.3 L/yr 20% less
Aviva Life Insurance India Deputy Branch Manager Salary 2 - 15 years exp. (19 salaries)	₹4.2 L/yr - ₹8.8 L/yr 3% more
Shriram Life Insurance Deputy Branch Manager Salary 6 - 12 years exp. (4 salaries)	₹4.4 L/yr - ₹7.5 L/yr 3% less
HDFC Ergo General Insurance Deputy Branch Manager Salary 3 - 5 years exp. (3 salaries)	₹4.3 L/yr - ₹6.1 L/yr 6% more
Login to view exact salary
ManipalCigna Health Insurance Deputy Branch Manager Salary 9 - 11 years exp. (3 salaries)	₹5.3 L/yr - ₹5.9 L/yr 6% more

Deputy Branch Manager salary at Axis Max Life Insurance ranges between ₹1 Lakh to ₹10 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Deputy Branch Manager salaries

Last Updated: 10 Jul 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.4 L/yr
3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
8 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
9 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
10 years (AmbitionBox Estimate)	₹1 L/yr - ₹10.8 L/yr
11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
12 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
13 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹10 L/yr

View all

Similar Designation salaries in Axis Max Life Insurance

Branch Manager Salary

(141 salaries)

₹7 L/yr - ₹14 L/yr

Deputy Manager Salary

(772 salaries)

₹2.4 L/yr - ₹9 L/yr

Assistant Branch Manager Salary

(12 salaries)

₹5 L/yr - ₹8 L/yr

Operations Manager Salary

(50 salaries)

₹2.15 L/yr - ₹11 L/yr

Relationship Manager Salary

(495 salaries)

₹1.1 L/yr - ₹7.03 L/yr

Deputy Manager Grade 2 Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Sales Manager Salary

(609 salaries)

₹2.3 L/yr - ₹6.22 L/yr

Branch Head Salary

(27 salaries)

₹9 L/yr - ₹17 L/yr

Chief Manager Salary

(133 salaries)

₹11.87 L/yr - ₹36.2 L/yr

Assistant Branch Head Salary

(3 salaries)

₹7.2 L/yr - ₹13 L/yr

Salary related reviews for Axis Max Life Insurance

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

Senior Officer in Amritsar

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Jul 2023

5.0

for Salary and Benefits

Likes

Max is best company in insurance sector Max always appreciate his employee & also pays a good salary, incentive, sizzler to his employee I will again join the max

Salary - Excellent

+4 more

Dislikes

My few colleagues always trying to misguide each other and some have jealousy for someone's being best

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

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

Sales Manager in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• posted on 21 Sep 2019

4.0

for Salary and Benefits

Likes

Its a good company to work with and a good pay master but unfortunately hardly give time for family.

Salary - Good

+4 more

Dislikes

They dont give time for family. Although they keep saying good things to devote time with family but they dont let you spend time. Worked even 7 days a week till 2:30 A.M

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Axis Max Life Insurance

View All

thickraspberry

works at

B P Oil Mills

Facing Toxic Culture and Management Issues.

I joined Axis Max Life Insurance, on 24 Dec 2024, After 11 Jan 2025 I started receiving hate and toxic culture from the female L1 Manager BRM. On Axis Max Life Insurance. Because I refused to do their personal work and work on the week off. Because I'm not the licking Employee. Now the female manager starts harassing me. The branch didn't even have the security CCTV Cameras so I don't have a Recording. But I have witnesses. She is too toxic And I feel mentally drained and harassing. What should I do because she is female I can't take unnecessary action. Please share the thoughts and advice and need help asap.

Got a question about Axis Max Life Insurance?

Ask anonymously on communities.

Axis Max Life Insurance Deputy Branch Manager Salary FAQs

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

Deputy Branch Manager salary at Max Life Insurance in India ranges between ₹1.0 Lakhs to ₹10.0 Lakhs for experience between 2 years to 13 years. According to our estimates it is 26% less than the average Deputy Branch 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 Deputy Branch Manager at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Deputy Branch Manager at Max Life Insurance is 26% less than the average salary of a Deputy Branch Manager in India. To know exact salary insights, login to view.

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

Reliance Nippon Life Insurance Deputy Branch Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
Tata AIA Life Insurance Deputy Branch Manager Salary - ₹7.2 Lakhs to ₹8.5 Lakhs per year
Bajaj Allianz Life Insurance Deputy Branch Manager Salary - ₹5.0 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Sun Life Insurance Deputy Branch Manager Salary - ₹6.0 Lakhs to ₹6.8 Lakhs per year
HDFC Life Deputy Branch Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year

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

ManipalCigna Health Insurance Deputy Branch Manager Salary - ₹5.3 Lakhs to ₹5.9 Lakhs per year
HDFC Ergo General Insurance Deputy Branch Manager Salary - ₹4.3 Lakhs to ₹6.1 Lakhs per year
Aviva Life Insurance India Deputy Branch Manager Salary - ₹4.2 Lakhs to ₹8.8 Lakhs per year
Shriram Life Insurance Deputy Branch Manager Salary - ₹4.4 Lakhs to ₹7.5 Lakhs per year
Care Health Insurance Deputy Branch Manager Salary - ₹3.0 Lakhs to ₹6.3 Lakhs per year

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

The estimated take-home salary of a Deputy Branch Manager at Max Life Insurance ranges between ₹41,838 per month to ₹42,976 per month in India. The take-home salary calculation is based on the average Max Life Insurance Deputy Branch Manager salary in India which ranges between ₹1.0 Lakhs to ₹10.0 Lakhs per year for employees with experience between 2 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 33% of the Max Life Insurance Deputy Branch Managers reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Axis Max Life Insurance Deputy Branch Manager Salaries by Location

Home >
Salaries >
Max Life Insurance Salaries >
Max Life Insurance Deputy Branch Manager Salaries

Axis Max Life Insurance Deputy Branch Manager salary in India ranges between ₹1 Lakh to ₹10 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.