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Annual salary range
7 - 18 years exp.
₹4.5
Lakhs - ₹12.9
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary9% less than the average Branch Manager Salary in Insurance Companies for 7 - 18 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Branch Manager Salary
7 - 17
years
exp.
(54
salaries)
|  ₹4.5 L/yr - ₹12.9 L/yr |
Sales & Business Development
Branch Manager Salary
7 - 18
years
exp.
(43
salaries)
| ₹5 L/yr - ₹11.3 L/yr |
Login to view exact salary
| |
Marketing & Communication
Branch Manager Salary
9 - 15
years
exp.
(4
salaries)
| ₹6 L/yr - ₹10 L/yr |
Customer Success, Service & Operations
Branch Manager Salary
7 - 13
years
exp.
(3
salaries)
| ₹8.3 L/yr - ₹12 L/yr |
Companies similar to Bajaj Allianz Life Insurance for Branch Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Branch Manager Salary
6 - 17 years exp. (275 salaries) | ₹5.3 L/yr - ₹12.5 L/yr 
9%
more | |
 ICICI Prudential Life Insurance Branch Manager Salary
6 - 18 years exp. (241 salaries) | ₹6.3 L/yr - ₹18 L/yr
47%
more | |
Login to view exact salary
| ||
 SBI Life Insurance Company Branch Manager Salary
7 - 19 years exp. (159 salaries) | ₹6.5 L/yr - ₹15.7 L/yr
25%
more | |
 Max Life Insurance Branch Manager Salary
6 - 18 years exp. (139 salaries) | ₹7 L/yr - ₹14 L/yr
25%
more | 1 job opening |
 Tata AIA Life Insurance Branch Manager Salary
9 - 20 years exp. (157 salaries) | ₹5 L/yr - ₹16.2 L/yr
44%
more | 21 job openings |
 Star Health & Allied Insurance Branch Manager Salary
6 - 17 years exp. (130 salaries) | ₹4 L/yr - ₹12 L/yr 
5%
less | |
 ICICI Lombard General Insurance Company Branch Manager Salary
5 - 18 years exp. (208 salaries) | ₹4.5 L/yr - ₹13 L/yr
8%
more | 7 job openings |
 HDFC Ergo General Insurance Branch Manager Salary
8 - 18 years exp. (199 salaries) | ₹4.7 L/yr - ₹12.9 L/yr
8%
more | |
 Kotak Mahindara Life Insurance Branch Manager Salary
3 - 17 years exp. (199 salaries) | ₹5 L/yr - ₹13 L/yr
9%
more | |
 Reliance Nippon Life Insurance Branch Manager Salary
8 - 20 years exp. (191 salaries) | ₹3.8 L/yr - ₹10 L/yr
7%
less | 1 job opening |
 Care Health Insurance Branch Manager Salary
5 - 17 years exp. (284 salaries) | ₹4 L/yr - ₹8.5 L/yr
33%
less | 1 job opening |
Login to view exact salary
| ||
 Aditya Birla Health Insurance Co Branch Manager Salary
5 - 16 years exp. (153 salaries) | ₹6.5 L/yr - ₹12.5 L/yr
9%
more | |
 Aditya Birla Sun Life Insurance Branch Manager Salary
5 - 16 years exp. (136 salaries) | ₹4.5 L/yr - ₹11.4 L/yr
8%
more | |
 Shriram Life Insurance Branch Manager Salary
6 - 14 years exp. (69 salaries) | ₹2.2 L/yr - ₹9.5 L/yr
32%
less | 1 job opening |
 Tata AIG Branch Manager Salary
8 - 16 years exp. (65 salaries) | ₹6 L/yr - ₹12 L/yr
9%
more | |
 PNB MetLife Branch Manager Salary
8 - 20 years exp. (46 salaries) | ₹6.6 L/yr - ₹12.8 L/yr
17%
more | 2 job openings |
 Life Insurance Corporation of India Branch Manager Salary
3 - 31 years exp. (19 salaries) | ₹12.3 L/yr - ₹28 L/yr
88%
more | |
 Bajaj Allianz General Insurance Branch Manager Salary
2 - 13 years exp. (17 salaries) | ₹3.8 L/yr - ₹12.5 L/yr
11%
less | |
 The New India Assurance Co. Branch Manager Salary
5 - 10 years exp. (12 salaries) | ₹8 L/yr - ₹18.5 L/yr
84%
more | |
 United India Insurance Company Branch Manager Salary
4 - 10 years exp. (7 salaries) | ₹9 L/yr - ₹20 L/yr
86%
more | |
View all
Branch Manager salary at Bajaj Allianz Life Insurance ranges between ₹4.5
Lakhs
to ₹12.9
Lakhs
per year for employees with experience between 7 years to 18 years. Salary
estimates are based on
127 latest salaries received
from various employees of Bajaj Allianz Life Insurance.
Latest annual salaries shared by Bajaj Allianz Life Insurance Branch Manager
2d ago
12
years
exp.
2w ago
9
years
exp.
2w ago
9
years
exp.
2w ago
12
years
exp.
4w ago
10
years
exp.
1mo ago
9
years
exp.
1mo ago
18
years
exp.
1mo ago
10
years
exp.
1mo ago
10
years
exp.
1mo ago
12
years
exp.
Experience wise Bajaj Allianz Life Insurance Branch Manager salaries
Last Updated: 16 Jan 2025
| Experience | Avg Annual Salary |
|---|---|
| 7 years (11 salaries) |
₹4.5
L/yr
- ₹10.2
L/yr
|
| 8 years (9 salaries) |
₹6
L/yr
- ₹10.2
L/yr
|
Login to view exact salary
| |
| 9 years (11 salaries) |
₹6.5
L/yr
- ₹10.8
L/yr
|
| 10 years (21 salaries) |
₹4.7
L/yr
- ₹12.5
L/yr
|
| 11 years (10 salaries) |
₹6
L/yr
- ₹11
L/yr
|
View all
Similar Designation salaries in Bajaj Allianz Life Insurance
Top skills at Bajaj Allianz Life Insurance for Branch Manager
Life Insurance
Team Handling
Sales
Team Management
Agency Channel
Insurance
Branch Management
Agency Management
Recruitment
Agency Sales
Direct Sales
Team Handling
Life Insurance
Marketing
Agency Sales
Salary related reviews for Bajaj Allianz Life Insurance
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Salary Discussions, Hike & Promotions
2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Bajaj Allianz Life Insurance Branch Manager Salary FAQs
What is the salary of Branch Manager at Bajaj Allianz Life Insurance?
Branch Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹4.5 Lakhs to ₹12.9 Lakhs for experience between 7 years to 18 years. According to our estimates it is 9% less than the average Branch Manager Salary in India. Salary estimates are based on 127 latest salaries received from various employees of Bajaj Allianz Life Insurance India.
How does the salary of a Branch Manager at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a Branch Manager at Bajaj Allianz Life Insurance is 9% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Manager at Bajaj Allianz Life Insurance?
Life Insurance, Team Handling, Sales, Team Management and Agency Channel are some of the popular skills required to work as a Branch Manager at Bajaj Allianz Life Insurance India.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Branch Manager in India?
- Life Insurance Corporation of India Branch Manager Salary - ₹12.3 Lakhs to ₹28.0 Lakhs per year
- United India Insurance Company Branch Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
- The New India Assurance Co. Branch Manager Salary - ₹8.0 Lakhs to ₹18.5 Lakhs per year
- The Oriental Insurance Co. Branch Manager Salary - ₹11.2 Lakhs to ₹12.9 Lakhs per year
- ICICI Prudential Life Insurance Branch Manager Salary - ₹6.3 Lakhs to ₹18.0 Lakhs per year
What is the salary of a Branch Manager in companies similar to Bajaj Allianz Life Insurance in India?
- 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
- 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
What is the estimated take home salary of a Branch Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Branch Manager at Bajaj Allianz Life Insurance ranges between ₹60,899 per month to ₹62,441 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Branch Manager salary in India which ranges between ₹4.5 Lakhs to ₹12.9 Lakhs per year for employees with experience between 7 years to 18 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at Bajaj Allianz Life Insurance?
According to AmbitionBox, 47% of the Bajaj Allianz Life Insurance Branch Managers reported a notice period of 3 Months, 24% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 120 responses on AmbitionBox in last 2 years.
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Bajaj Allianz Life Insurance Branch Manager Salaries by Location
- Bajaj Allianz Life Insurance Branch Manager salaries in Mumbai
- Bajaj Allianz Life Insurance Branch Manager salaries in Chennai
- Bajaj Allianz Life Insurance Branch Manager salaries in Patna
- Bajaj Allianz Life Insurance Branch Manager salaries in New Delhi
- Bajaj Allianz Life Insurance Branch Manager salaries in Dhanbad
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Bajaj Allianz Life Insurance Branch Manager salary
in
India
ranges between ₹4.5
Lakhs to ₹12.9
Lakhs with an average annual salary of
₹. Salary estimates are based on
127
Bajaj Allianz Life Insurance latest salaries received from various employees of
Bajaj Allianz Life Insurance.