Bajaj Capital Insurance Branch Manager Salaries by 10+ Employees (Updated 2025)

3 - 10 years exp.

₹2.9 Lakhs - ₹4.5 Lakhs

Salary of majority employees

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)	₹3.2 L/yr - ₹4 L/yr
Sales & Business Development Branch Manager Salary 5 - 10 years exp. (3 salaries)	₹3 L/yr - ₹3.7 L/yr
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Customer Success, Service & Operations Branch Manager Salary 3 - 6 years exp. (AmbitionBox Estimate)	₹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
ICICI Prudential Life Insurance Branch Manager Salary 3 - 18 years exp. (314 salaries)	₹6.4 L/yr - ₹18 L/yr 237% more
HDFC Life Branch Manager Salary 6 - 18 years exp. (271 salaries)	₹5.3 L/yr - ₹12.5 L/yr 162% more
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SBI Life Insurance Company Branch Manager Salary 7 - 24 years exp. (169 salaries)	₹6.5 L/yr - ₹15.7 L/yr 193% more
Reliance Nippon Life Insurance Branch Manager Salary 8 - 20 years exp. (194 salaries)	₹3.8 L/yr - ₹10 L/yr 108% more	1 job opening
Max Life Insurance Branch Manager Salary 8 - 19 years exp. (142 salaries)	₹7 L/yr - ₹14 L/yr 196% more	2 job openings
Kotak Mahindara Life Insurance Branch Manager Salary 3 - 18 years exp. (200 salaries)	₹4.5 L/yr - ₹13 L/yr 150% more	2 job openings
Aditya Birla Sun Life Insurance Branch Manager Salary 5 - 12 years exp. (107 salaries)	₹4.5 L/yr - ₹11.3 L/yr 142% more
Tata AIA Life Insurance Branch Manager Salary 9 - 20 years exp. (160 salaries)	₹5 L/yr - ₹16.2 L/yr 232% more	30 job openings
PNB MetLife Branch Manager Salary 8 - 20 years exp. (47 salaries)	₹6.6 L/yr - ₹12.8 L/yr 170% more
Life Insurance Corporation of India Branch Manager Salary 15 - 31 years exp. (14 salaries)	₹15.3 L/yr - ₹28 L/yr 373% more
Cholamandalam MS General Insurance Branch Manager Salary 3 - 10 years exp. (197 salaries)	₹2.9 L/yr - ₹8.8 L/yr 46% more
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Shriram General Insurance Branch Manager Salary 6 - 15 years exp. (169 salaries)	₹3.2 L/yr - ₹8.5 L/yr 76% more
Aditya Birla Health Insurance Co Branch Manager Salary 5 - 16 years exp. (164 salaries)	₹6 L/yr - ₹12 L/yr 149% more
Future Generali India Life Insurance Branch Manager Salary 7 - 19 years exp. (110 salaries)	₹5 L/yr - ₹16.2 L/yr 154% more	1 job opening
Bharti AXA Life Insurance Branch Manager Salary 7 - 18 years exp. (75 salaries)	₹5 L/yr - ₹12 L/yr 131% more
Edelweiss Life Insurance Branch Manager Salary 7 - 15 years exp. (65 salaries)	₹5.5 L/yr - ₹9 L/yr 95% more	1 job opening
ManipalCigna Health Insurance Branch Manager Salary 7 - 17 years exp. (46 salaries)	₹4.8 L/yr - ₹10.5 L/yr 134% more	1 job opening
Aviva Life Insurance India Branch Manager Salary 7 - 22 years exp. (40 salaries)	₹7 L/yr - ₹15 L/yr 185% more
Royal Sundaram General Insurance Branch Manager Salary 6 - 17 years exp. (25 salaries)	₹4.5 L/yr - ₹11 L/yr 116% more
Ageas Federal Life Insurance Branch Manager Salary 8 - 22 years exp. (11 salaries)	₹7 L/yr - ₹12 L/yr 172% more

View all

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.

Experience wise Bajaj Capital Insurance Branch Manager salaries

Last Updated: 3 Dec 2024

Experience	Avg Annual Salary
3 years (5 salaries)	₹3 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.6 L/yr
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5 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.5 L/yr
6 years (3 salaries)	₹3 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
10 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹6.3 L/yr

View all

Similar Designation salaries in Bajaj Capital Insurance

Area Manager Salary

(5 salaries)

₹4 L/yr - ₹7.55 L/yr

Sales Manager Salary

(14 salaries)

₹0.3 L/yr - ₹4.2 L/yr

Branch Head Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Deputy Manager Salary

(25 salaries)

₹2.1 L/yr - ₹3.6 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹16.4 L/yr - ₹20.9 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Branch Manager Salary

(5 salaries)

₹3.7 L/yr - ₹5.2 L/yr

Deputy Branch Manager Salary

(5 salaries)

₹3 L/yr - ₹3.5 L/yr

Cluster Manager Salary

(7 salaries)

₹6.7 L/yr - ₹8.25 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Salary related reviews for Bajaj Capital Insurance

2.7

Rated by 9 employees for salary & benefits

Relationship Manager in Agra

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

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

Skill development - Poor

+5 more

Deputy Manager in New Delhi

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.

Skill development - Poor

+2 more

Sales Executive in Gwalior

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.

Senior Relationship Manager in New Delhi

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

Salary - Good

+2 more

Dislikes

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

Senior Executive Operations in Gurgaon / Gurugram

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. 👍🏻👍🏻👍🏻👍🏻

Skill development - Good

+4 more

Dislikes

Salary package, bonus, appraisal etc should be improve.

Promotions - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Bajaj Capital Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Bajaj Capital Insurance?

Branch Manager salary at Bajaj Capital Insurance in India ranges between ₹2.9 Lakhs to ₹4.5 Lakhs for experience between 3 years to 10 years. According to our estimates it is 61% less than the average Branch Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Bajaj Capital Insurance India.

How does the salary of a Branch Manager at Bajaj Capital Insurance India compare with the average salary range for this job?

The average salary of a Branch Manager at Bajaj Capital Insurance is 61% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Capital Insurance to a Branch Manager in India?

Life Insurance Corporation of India Branch Manager Salary - ₹15.3 Lakhs to ₹28.0 Lakhs per year
ICICI Prudential Life Insurance Branch Manager Salary - ₹6.4 Lakhs to ₹18.0 Lakhs per year
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

What is the salary of a Branch Manager in companies similar to Bajaj Capital Insurance in India?

Aviva Life Insurance India Branch Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Digit Insurance Branch Manager Salary - ₹9.0 Lakhs to ₹11.3 Lakhs per year
Ageas Federal Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹12.0 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 Capital Insurance in India?

The estimated take-home salary of a Branch Manager at Bajaj Capital Insurance ranges between ₹26,279 per month to ₹27,699 per month in India. The take-home salary calculation is based on the average Bajaj Capital Insurance Branch Manager salary in India which ranges between ₹2.9 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at Bajaj Capital Insurance?

According to AmbitionBox, 37% of the Bajaj Capital Insurance Branch Managers reported a notice period of 15 days or less, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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Bajaj Capital Insurance Branch Manager Salaries

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

Bajaj Capital Insurance Branch Manager salaries in India

Companies similar to Bajaj Capital Insurance for Branch Manager

Latest annual salaries shared by Bajaj Capital Insurance Branch Manager

Experience wise Bajaj Capital Insurance Branch Manager salaries

Similar Designation salaries in Bajaj Capital Insurance

Salary related reviews for Bajaj Capital Insurance

Relationship Manager in Agra

Deputy Manager in New Delhi

Sales Executive in Gwalior

Senior Relationship Manager in New Delhi

Senior Executive Operations in Gurgaon / Gurugram

Bajaj Capital Insurance Branch Manager Salary FAQs

Tell us how to improve this page.

Bajaj Capital Insurance Branch Manager Salaries by Location