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Birla Sun Life Mutual Fund Branch Manager salaries in India

Annual salary range
10 - 14 years exp.
₹6.2 Lakhs - ₹6.4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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30% less than the average Branch Manager Salary in Insurance Companies for 10 - 14 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Birla Sun Life Mutual Fund for Branch Manager

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

arrow icon 16% less
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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

At par
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₹5 L/yr - ₹12 L/yr

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₹5 L/yr - ₹16.3 L/yr

arrow icon 53% 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 28% 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 10% more
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₹4.8 L/yr - ₹10.5 L/yr

arrow icon 25% more
1 job opening
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₹7 L/yr - ₹15 L/yr

arrow icon 56% more
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₹8 L/yr - ₹14.2 L/yr

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₹4.5 L/yr - ₹11 L/yr

arrow icon 24% more
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Bajaj Capital Insurance Branch Manager Salary

3 - 10 years exp. (16 salaries)

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₹2.9 L/yr - ₹4.5 L/yr

arrow icon 44% less
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₹7 L/yr - ₹12 L/yr

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₹5 L/yr - ₹9.3 L/yr

arrow icon 18% more
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₹4.2 L/yr - ₹7.5 L/yr

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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 23% 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 27% more
Branch Manager salary at Birla Sun Life Mutual Fund ranges between ₹6.2 Lakhs to ₹6.4 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Birla Sun Life Mutual Fund.

Latest annual salaries shared by Birla Sun Life Mutual Fund Branch Manager

1y ago
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12 years exp.
1y ago
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14 years exp.
1y ago
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10 years exp.

Experience wise Birla Sun Life Mutual Fund Branch Manager salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹11.5 L/yr
11 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr
12 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹11.5 L/yr
13 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹11.4 L/yr
14 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹11.4 L/yr

Similar Designation salaries in Birla Sun Life Mutual Fund

Sales Manager Salary
(AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.3 L/yr
Branch Head Salary
(6 salaries)
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₹5.4 L/yr - ₹9.27 L/yr
Deputy Manager Salary
(8 salaries)
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₹4 L/yr - ₹7.5 L/yr
Senior Branch Manager Salary
(AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr
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₹2.05 L/yr - ₹3.8 L/yr
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₹2.3 L/yr - ₹8.05 L/yr
Cluster Head Salary
(4 salaries)
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₹4.1 L/yr - ₹19.5 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
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₹11 L/yr - ₹12.4 L/yr
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₹22.5 L/yr - ₹28.7 L/yr

Salary related reviews for Birla Sun Life Mutual Fund

5.0

Rated by 1 employees for salary & benefits

4.0
  •  posted on 17 Aug 2018

2.0
 for  Salary and Benefits

Likes

Wt my current work, no much stress or restrictions, we have freedom in modifying script, & handling call as per same. Can infrm all details or share all details with investor without tim AHT limits.

read more
  • Job security - Excellent
  • +2 more

Dislikes

Growth & Salary improvement is very less comparitively. ( im working or in payroll under cams).

  • Salary - Poor

Full Time

 · 

Sales & Distribution Department

1.0
  •  posted on 07 Nov 2022

3.0
 for  Salary and Benefits

Likes

Organisation is good but some people spoiling this organisation.

Dislikes

So much politics. There is not good culture for employees. Employee cannot do lunch on time. Regional head always do their finger for lunch for overtime and extra pressure. Branch manager himself is poor in knowledge part. He cannot manage their team.

read more
  • Skill development - Poor
  • +5 more

Back Office Department

4.0
  •  posted on 04 Jul 2022

2.0
 for  Salary and Benefits

Likes

It was my first job experience so I like there atmosphere. All my co-workers are very helpful.

  • Skill development - Good
  • +2 more

Dislikes

I was working on 1year &9month but there was no increment. So for the better opportunity I was leaving the job.

  • Salary - Poor
  • +2 more

Intern

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Sales Department

5.0
  •  posted on 09 Feb 2018

5.0
 for  Salary and Benefits

Likes

Things which I liked and admired the most while working in BSLAMC was the keen interest and dedication of the RM for his work under whom I did my internship, his behavior towards all the officemates, his helping and guiding nature. BSLAMC gave me a wonderful learning environment and business work experience throughout my internship tenure.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing.

Retail Sales Department

5.0
  •  posted on 19 Jun 2018

4.0
 for  Salary and Benefits

Likes

The Company has a very good culture/ ecosystem. You can actually evolve as an entrepreneur, and also grow to take greater responsibilities. You get enough freedom to explore your capabilities. Learning opportunities are immense. You feel close knit with the colleagues & privileged to be a part of the ABG. Great work life balance.

read more
  • Salary - Good
  • +5 more

Dislikes

Maybe because it is a part of huge Conglomerate i would call it " Top Heavy Organisation". Most decisions are on the discretion of people seated on leadership positions which leaves a entry level employee less rewarded of his hardwork. Slow Carrier Growth.

read more
  • Promotions - Poor
see more salary related reviews

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Birla Sun Life Mutual Fund Branch Manager Salary FAQs

What is the salary of Branch Manager at Birla Sun Life Mutual Fund ?
The average salary of a Branch Manager at Birla Sun Life Mutual Fund in India typically ranges from ₹6.2 Lakhs to ₹6.4 Lakhs per year, depending on experience (from 10 years to 14 years).

The top 10% of Branch Manager at Birla Sun Life Mutual Fund earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Branch Manager Salaries at Birla Sun Life Mutual Fund 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 4 Birla Sun Life Mutual Fund employees in India.
What is the estimated take home salary of a Branch Manager at Birla Sun Life Mutual Fund in India?
The estimated take-home salary of a Branch Manager at Birla Sun Life Mutual Fund in India typically ranges from ₹48,775 to ₹49,928 per month. This is based on the average salary range of ₹6.2 Lakhs to ₹6.4 Lakhs per year for employees with experience ranging from 10 years to 14 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 4 salaries received from various employees of Birla Sun Life Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Birla Sun Life Mutual Fund 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 Birla Sun Life Mutual Fund, depending on the role and experience level.
What is the salary of a Branch Manager in companies similar to Birla Sun Life Mutual Fund in India?
The salary of a Branch Manager at companies similar to Birla Sun Life Mutual Fund 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 Birla Sun Life Mutual Fund in India?
The salary growth for a Branch Manager at Birla Sun Life Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Branch Manager can expect the following growth trajectory at Birla Sun Life Mutual Fund:

Experience Average Salary Range
10 years ₹6.2 Lakhs to ₹11.5 Lakhs per year
11 years ₹5.7 Lakhs to ₹7.3 Lakhs per year
12 years ₹6.2 Lakhs to ₹11.5 Lakhs per year
13 years ₹6.2 Lakhs to ₹11.4 Lakhs per year
and so on.

Tell us how to improve this page.

Birla Sun Life Mutual Fund Branch Manager salary in India ranges between ₹6.2 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Birla Sun Life Mutual Fund latest salaries received from various employees of Birla Sun Life Mutual Fund.