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Bajaj Capital Insurance Branch Manager salaries in India

Annual salary range
3 - 10 years exp.
₹2.9 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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61% less than the average Branch Manager Salary in Insurance Companies for 3 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
3 - 8 years exp. (6 salaries)
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₹3.2 L/yr - ₹4 L/yr

Sales & Business Development
Branch Manager Salary
5 - 10 years exp. (3 salaries)
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₹3 L/yr - ₹3.7 L/yr

Customer Success, Service & Operations
Branch Manager Salary
3 - 6 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.6 L/yr

Last Updated: 3 Dec 2024

Companies similar to Bajaj Capital Insurance for Branch Manager

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

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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 78% more
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₹5 L/yr - ₹12 L/yr

arrow icon 146% more
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₹5 L/yr - ₹16.3 L/yr

arrow icon 173% 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 128% more
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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 95% more
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₹4.8 L/yr - ₹10.5 L/yr

arrow icon 123% more
1 job opening
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₹7 L/yr - ₹15 L/yr

arrow icon 177% more
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₹8 L/yr - ₹14.2 L/yr

arrow icon 193% more
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₹4.5 L/yr - ₹11 L/yr

arrow icon 121% more
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₹7 L/yr - ₹12 L/yr

arrow icon 172% more
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₹5 L/yr - ₹9.3 L/yr

arrow icon 110% more
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₹4.2 L/yr - ₹7.5 L/yr

arrow icon 60% more
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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 120% more
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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 126% more
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₹6.2 L/yr - ₹6.4 L/yr

arrow icon 78% more
Branch Manager salary at Bajaj Capital Insurance ranges between ₹2.9 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 16 latest salaries received from various employees of Bajaj Capital Insurance.

Latest annual salaries shared by Bajaj Capital Insurance Branch Manager

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Experience wise Bajaj Capital Insurance Branch Manager salaries

Last Updated: 3 Dec 2024

Experience Avg Annual Salary
3 years  (5 salaries)

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₹3 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹6.6 L/yr
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹6.5 L/yr
6 years  (3 salaries)

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₹3 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
View all

Similar Designation salaries in Bajaj Capital Insurance

Area Manager Salary
(5 salaries)
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₹4 L/yr - ₹6.17 L/yr
Sales Manager Salary
(14 salaries)
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₹0.3 L/yr - ₹4.2 L/yr
Branch Head Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr
Deputy Manager Salary
(25 salaries)
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₹2.1 L/yr - ₹3.6 L/yr
Chief Manager Salary
(AmbitionBox Estimate)
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₹16.4 L/yr - ₹20.9 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
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₹3.7 L/yr - ₹5.2 L/yr
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₹3 L/yr - ₹3.5 L/yr
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₹6.7 L/yr - ₹8.25 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Salary related reviews for Bajaj Capital Insurance

3.1

Rated by 10 employees for salary & benefits

Part Time

 · 

Sales & Business Development Department

2.0
  •  posted on 26 Oct 2023

3.0
 for  Salary and Benefits

Likes

... and hr only follow order to Senior Manager, big mistake to join this company. Daily said, not approved your attendance and not provide salary

read more

Dislikes

Before joining recruiter said, direct channel leads will be provided but after joining branch manager said go to market and collect data and 3 time give for monthly ctc salary justify after give travel allowance. Branch manager and old rm follow only one rule hire and fire, high pressure to new rm

read more
  • Skill development - Poor
  • +5 more

Insurance Department

4.0
  •  posted on 22 Feb 2022

3.0
 for  Salary and Benefits

Likes

Timing issue no time for family to much busy schedule slow process in growth companies policy are very irritated.

  • Job security - Good
  • +1 more

Dislikes

There is a lot of politics and the management doesn't address our issue. Salary is not good enough career and growth is to slow.

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  • Skill development - Poor
  • +2 more

Customer Success, Service & Operations Department

5.0
  •  posted on 21 Jun 2020

5.0
 for  Salary and Benefits

Likes

Good work environment and culture.teammates are supportive

  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow.there is a bond of 1year before which you cannot resign.on the job training is not giving to new joiners.

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Sales Department

4.0
  •  posted on 25 Mar 2019

4.0
 for  Salary and Benefits

Likes

Overall good in term of salary and bonuses and appraisal etc but not in terms of job security

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  • Salary - Good
  • +2 more

Dislikes

Training is good helpful and continuos,job security is almost good ,Career growth is tough, appraisal is good

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 07 May 2023

3.0
 for  Salary and Benefits

Likes

Non toxic environment, friendly culture, a certified "Great place to work" company. Managers are amazing and supportive in nature. Loads of work is limited. Bole to bindaas. 👍🏻👍🏻👍🏻👍🏻

read more
  • Skill development - Good
  • +4 more

Dislikes

Salary package, bonus, appraisal etc should be improve.

  • Promotions - Poor
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Bajaj Capital Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Bajaj Capital Insurance ?
The average salary of a Branch Manager at Bajaj Capital Insurance in India typically ranges from ₹2.9 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Branch Manager at Bajaj Capital Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Branch Manager Salaries at Bajaj Capital 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+ Bajaj Capital Insurance employees in India.
What is the estimated take home salary of a Branch Manager at Bajaj Capital Insurance in India?
The estimated take-home salary of a Branch Manager at Bajaj Capital Insurance in India typically ranges from ₹26,290 to ₹27,710 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 3 years to 10 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 Bajaj Capital Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bajaj Capital 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 ₹16.3 Lakhs per year
Ageas Federal Life Insurance ₹7.0 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Health Insurance Co ₹5.0 Lakhs to ₹12.0 Lakhs per year

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

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
Medi Assist India ₹4.3 Lakhs to ₹13.6 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 Bajaj Capital Insurance in India?
The salary growth for a Branch Manager at Bajaj Capital Insurance depends on factors such as experience, performance, and promotions. On average, a Branch Manager can expect the following growth trajectory at Bajaj Capital Insurance:

Experience Average Salary Range
3 years ₹3.0 Lakhs to ₹3.9 Lakhs per year
4 years ₹3.2 Lakhs to ₹6.6 Lakhs per year
5 years ₹3.0 Lakhs to ₹6.5 Lakhs per year
6 years ₹3.0 Lakhs to ₹6.5 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Capital Insurance Branch Manager salary in India ranges between ₹2.9 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Bajaj Capital Insurance latest salaries received from various employees of Bajaj Capital Insurance.