Bajaj Allianz Life Insurance Branch Head and Branch Manager Salaries by 2 Employees (Updated 2025)

8 - 13 years exp.

₹5.3 Lakhs - ₹6.8 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Salaries in different departments

BFSI, Investments & Trading Branch Head and Branch Manager Salary 13 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Strategic & Top Management Branch Head and Branch Manager Salary 8 years exp. (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.1 L/yr

Last Updated: 4 Jan 2025

Companies similar to Bajaj Allianz Life Insurance for Branch Head and Branch Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Head and Branch Manager Salary 5 - 9 years exp. (4 salaries)	₹6.7 L/yr - ₹13 L/yr 59% more
Axis Bank Branch Head and Branch Manager Salary 12 - 16 years exp. (14 salaries)	₹9.9 L/yr - ₹15 L/yr 102% more
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HDFC Bank Branch Head and Branch Manager Salary 11 - 18 years exp. (7 salaries)	₹8.6 L/yr - ₹13.7 L/yr 95% more
IndusInd Bank Branch Head and Branch Manager Salary 9 - 14 years exp. (6 salaries)	₹4.8 L/yr - ₹12.7 L/yr 48% more
ICICI Bank Branch Head and Branch Manager Salary 8 - 15 years exp. (6 salaries)	₹8.2 L/yr - ₹15 L/yr 73% more

Branch Head and Branch Manager salary at Bajaj Allianz Life Insurance ranges between ₹5.3 Lakhs to ₹6.8 Lakhs per year for employees with experience between 8 years to 13 years. Salary estimates are based on 2 latest salaries received from various employees of Bajaj Allianz Life Insurance.

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Salary related reviews for Bajaj Allianz Life Insurance

Cluster Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 08 Jan 2025

5.0

for Salary and Benefits

Likes

The environment is good, as well as the pay package; which is very good. There's a lot of scope of learning here in the industry. Management is a bit clueless and less emotionally oriented but overall it's a good place or organisation to work for or work in. Good amount of promotions are there, trips national or international they have all to keep their people happy and motivated.

Salary - Excellent

+3 more

Dislikes

Nothing as of now.

Relationship Manager in Bangalore / Bengaluru

Full Time

Other Department

1.0

• posted on 29 Feb 2024

1.0

for Salary and Benefits

Likes

I respect the Bajaj Allianz Life insurance because company was selected to grow my career I love the Bajaj Allianz Life insurance products where we give best return to customers.

Dislikes

... Bajaj Allianz Life insurance company is best fastest growing company in india. But the managers working culture is dengerous because the managers are Black mail with employees salary, one of my manager was directly telling that if I do business then only I get salary, And this is the company policy he was telling is it my dear company CEO, In business sales the tarcher is common but who will blame with employees salary. And check the trainers quality.

Salary - Bad

+6 more

Sales Manager in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 22 Sep 2023

1.0

for Salary and Benefits

Likes

If you are doing at least one policy per month of min 5k then no one is going to fire you. Products of Bajaj Allianz Life Insurance is good.

Dislikes

...manager on Sat and Sun. So there is no work no life no balance. Growth is none. No salary increments. Very very very low salary. Incentives earning is very much difficult. By any chance if you entered into the life insurance industry and especially into Agency channel then life worst. Extensive traveling across the city on your own expenses. Very hectic job

Salary - Bad

+6 more

Business Development Manager in Bokaro

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 16 Nov 2023

5.0

for Salary and Benefits

Likes

Good salary, nice incentive structure and promotion structure

Salary - Excellent

+4 more

Dislikes

No proper training , no support in business hence we lack in aquaring business as compared to Max life insurance aur competitors in axis bank channel.

Senior Relationship Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jun 2023

5.0

for Salary and Benefits

Likes

One of the best company to work and earn money , we can earn more incentives than salary, overall this is the best company in all insurance sectors.

Salary - Excellent

+6 more

Dislikes

In banca channel, the company heads and co-heads has to interact with the bankers for freshers encouragement

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Bajaj Allianz Life Insurance Branch Head and Branch Manager Salary FAQs

How the salary growth look like for a Branch Head and Branch Manager at Bajaj Allianz Life Insurance in India?

The salary growth for a Branch Head and Branch Manager at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Branch Head and Branch Manager can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience	Average Salary Range
8 years	₹7.4 Lakhs to ₹9.5 Lakhs per year
13 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

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Bajaj Allianz Life Insurance Branch Head and Branch Manager Salaries

Bajaj Allianz Life Insurance Branch Head and Branch Manager salary in India ranges between ₹5.3 Lakhs to ₹6.8 Lakhs. This is an estimate based on latest salaries received from employees of Bajaj Allianz Life Insurance.