Pramerica Life Insurance Branch Manager Salaries by 20+ Employees (Updated 2025)

6 - 17 years exp.

₹5.1 Lakhs - ₹11 Lakhs

Salary of majority employees

5% less than the average Branch Manager Salary in Insurance Companies for 6 - 17 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Sales & Business Development Branch Manager Salary 6 - 17 years exp. (9 salaries)	₹6.6 L/yr - ₹11 L/yr
BFSI, Investments & Trading Branch Manager Salary 10 - 17 years exp. (8 salaries)	₹5.1 L/yr - ₹9.5 L/yr
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Marketing & Communication Branch Manager Salary 6 - 12 years exp. (3 salaries)	₹6.5 L/yr - ₹10.4 L/yr

Last Updated: 30 Jan 2025

Companies similar to Pramerica Life Insurance for Branch Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Manager Salary 5 - 23 years exp. (1.6k salaries)	₹6.5 L/yr - ₹23 L/yr 69% more	2 job openings
ICICI Bank Branch Manager Salary 5 - 21 years exp. (2.3k salaries)	₹5.4 L/yr - ₹23 L/yr 52% more
Login to view exact salary
Axis Bank Branch Manager Salary 8 - 22 years exp. (324 salaries)	₹6.2 L/yr - ₹23.5 L/yr 69% more	2 job openings
Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (1k salaries)	₹7 L/yr - ₹25.6 L/yr 83% more	1 job opening
Yes Bank Branch Manager Salary 7 - 19 years exp. (646 salaries)	₹6 L/yr - ₹22.7 L/yr 66% more	1 job opening
IndusInd Bank Branch Manager Salary 6 - 22 years exp. (837 salaries)	₹6 L/yr - ₹25 L/yr 69% more	7 job openings
IDFC FIRST Bank Branch Manager Salary 6 - 20 years exp. (621 salaries)	₹6.1 L/yr - ₹26 L/yr 76% more	6 job openings
RBL Bank Branch Manager Salary 11 - 21 years exp. (315 salaries)	₹7.4 L/yr - ₹28.5 L/yr 96% more	6 job openings
Federal Bank Branch Manager Salary 5 - 12 years exp. (46 salaries)	₹8.1 L/yr - ₹22 L/yr 56% more
Bandhan Bank Branch Manager Salary 5 - 19 years exp. (447 salaries)	₹3.6 L/yr - ₹20 L/yr 28% more
ICICI Prudential Life Insurance Branch Manager Salary 3 - 18 years exp. (314 salaries)	₹6.4 L/yr - ₹18 L/yr 39% more
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HDFC Life Branch Manager Salary 6 - 18 years exp. (271 salaries)	₹5.3 L/yr - ₹12.5 L/yr 8% more
Kotak Mahindara Life Insurance Branch Manager Salary 3 - 18 years exp. (200 salaries)	₹4.5 L/yr - ₹13 L/yr 3% more	2 job openings
Reliance Nippon Life Insurance Branch Manager Salary 8 - 20 years exp. (194 salaries)	₹3.8 L/yr - ₹10 L/yr 14% less	1 job opening
Cholamandalam MS General Insurance Branch Manager Salary 3 - 10 years exp. (197 salaries)	₹2.9 L/yr - ₹8.8 L/yr 40% less
Tata AIA Life Insurance Branch Manager Salary 9 - 20 years exp. (160 salaries)	₹5 L/yr - ₹16.2 L/yr 37% more	30 job openings
Shriram General Insurance Branch Manager Salary 6 - 15 years exp. (169 salaries)	₹3.2 L/yr - ₹8.5 L/yr 27% less
SBI Life Insurance Company Branch Manager Salary 7 - 24 years exp. (169 salaries)	₹6.5 L/yr - ₹15.7 L/yr 21% more
Aditya Birla Health Insurance Co Branch Manager Salary 5 - 16 years exp. (164 salaries)	₹6 L/yr - ₹12 L/yr 3% more
Max Life Insurance Branch Manager Salary 8 - 19 years exp. (142 salaries)	₹7 L/yr - ₹14 L/yr 22% more	2 job openings

View all

Branch Manager salary at Pramerica Life Insurance ranges between ₹5.1 Lakhs to ₹11 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 22 latest salaries received from various employees of Pramerica Life Insurance.

Experience wise Pramerica Life Insurance Branch Manager salaries

Last Updated: 30 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹15.1 L/yr
7 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.4 L/yr
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8 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹15.3 L/yr
9 years (AmbitionBox Estimate)	₹8 L/yr - ₹15.4 L/yr
10 years (5 salaries)	₹5.1 L/yr - ₹9.1 L/yr
11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹10.1 L/yr
12 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹10.3 L/yr
13 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹11 L/yr
14 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9 L/yr
15+ years (3 salaries)	₹8.5 L/yr - ₹9.5 L/yr

View all

Similar Designation salaries in Pramerica Life Insurance

Area Manager Salary

(4 salaries)

₹9 L/yr - ₹13.1 L/yr

Sales Manager Salary

(165 salaries)

₹2 L/yr - ₹4.7 L/yr

Branch Incharge Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Branch Head Salary

(38 salaries)

₹6 L/yr - ₹12.7 L/yr

Deputy Manager Salary

(54 salaries)

₹4.8 L/yr - ₹14.68 L/yr

Chief Manager Salary

(12 salaries)

₹19.9 L/yr - ₹30 L/yr

Senior Branch Manager Salary

(7 salaries)

₹11 L/yr - ₹14 L/yr

Cluster Manager Salary

(5 salaries)

₹5.8 L/yr - ₹8.2 L/yr

Operations Manager Salary

(11 salaries)

₹6 L/yr - ₹12 L/yr

Area Sales Manager Salary

(6 salaries)

₹2.5 L/yr - ₹4.2 L/yr

Top skills at Pramerica Life Insurance for Branch Manager

Branch Management Agency Channel Life Insurance Agency Sales Insurance Sales agency development Agent Recruitment agency Heading Branch Business Strategy Distribution Business Development Sales Development Sales Tied Channel

Salary related reviews for Pramerica Life Insurance

3.3

Rated by 9 employees for salary & benefits

Senior Sales Manager in Bilaspur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 14 Feb 2025

5.0

for Salary and Benefits

Likes

Great culture

Salary - Excellent

+6 more

Dislikes

Please update with latest policy with market comparison

Senior Sales Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Nov 2023

2.0

for Salary and Benefits

Likes

Nothing.

Dislikes

In my vertical it isn't a right place to work with. This is the fake institutional business channel, more over you had to source your own business and also don't rely on the support of the corporate agent(Broking Partner). Please think twice before joining in the IB Vertical.

Salary - Poor

+3 more

Sales Manager

BFSI, Investments & Trading Department

3.0

• posted on 01 Jan 2019

5.0

for Salary and Benefits

Likes

Salary and other perks are disbursed as per schedule and on time. As far as work life balance is concerned , 4 out of 5 on a rating scale.

Salary - Excellent

+1 more

Dislikes

Learning and development is a concern area at Dhfl . On innovation front company is far behind in comparison to its peers . 2nd major concern is u cant consider ur job at dhfl secure. Even middle management is worried when u talk of job security at dhfl

Job security - Poor

Relationship Manager in Ambala

Education /school empanalment , team development ,And policy sale Department

2.0

• posted on 06 Sep 2017

5.0

for Salary and Benefits

Likes

I had a great experiance before joining when i worked as a commision agent only and just working for 24 percent commision even though i didn't have any license . Iwas just a commission agent .

Salary - Excellent

+4 more

Dislikes

...nise an activity there they denided to finance it .but i did on my own account . And there was 2 month and 17 day that i haven't recived my salary . So i regined . As i was left with no money to stay in ambala.

Job security - Poor

+1 more

Associate Sales Manager in Visakhapatnam

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 31 May 2024

1.0

for Salary and Benefits

Likes

Work timings and on time salary

Dislikes

Worst company I have ever worked. No professional management. No response from the HR management. The branch manager of vizag branch very worst. If anythings doesnot goes according to him he simply keeps unpaid to the whole month employees attendance which will lead to loss of pay. If we complaint to HR level then also they won't take any action. The BM even asks money from the customers for settling death claims. He does not know how to talk with the employees. He does not have any BM qualities and qualifications.

Salary - Bad

+6 more

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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Pramerica Life Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Pramerica Life Insurance?

Branch Manager salary at Pramerica Life Insurance in India ranges between ₹5.1 Lakhs to ₹11.0 Lakhs for experience between 6 years to 17 years. According to our estimates it is 5% less than the average Branch Manager Salary in India. Salary estimates are based on 22 latest salaries received from various employees of Pramerica Life Insurance India.

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

The average salary of a Branch Manager at Pramerica Life Insurance is 5% 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 Pramerica Life Insurance?

Branch Management, Agency Channel, Life Insurance, Agency Sales and Insurance Sales are some of the popular skills required to work as a Branch Manager at Pramerica Life Insurance India.

Which similar companies are paying more than Pramerica Life Insurance to a Branch Manager in India?

RBL Bank Branch Manager Salary - ₹7.4 Lakhs to ₹28.5 Lakhs per year
Kotak Mahindra Bank Branch Manager Salary - ₹7.0 Lakhs to ₹25.6 Lakhs per year
IDFC FIRST Bank Branch Manager Salary - ₹6.1 Lakhs to ₹26.0 Lakhs per year
Axis Bank Branch Manager Salary - ₹6.2 Lakhs to ₹23.5 Lakhs per year
HDFC Bank Branch Manager Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year

What is the salary of a Branch Manager in companies similar to Pramerica Life Insurance in India?

IndusInd Bank Branch Manager Salary - ₹6.0 Lakhs to ₹25.0 Lakhs per year
Yes Bank Branch Manager Salary - ₹6.0 Lakhs to ₹22.7 Lakhs per year
Federal Bank Branch Manager Salary - ₹8.1 Lakhs to ₹22.0 Lakhs per year
ICICI Bank Branch Manager Salary - ₹5.4 Lakhs to ₹23.0 Lakhs per year
ICICI Prudential Life Insurance Branch Manager Salary - ₹6.4 Lakhs to ₹18.0 Lakhs per year

What is the estimated take home salary of a Branch Manager at Pramerica Life Insurance in India?

The estimated take-home salary of a Branch Manager at Pramerica Life Insurance ranges between ₹63,588 per month to ₹65,206 per month in India. The take-home salary calculation is based on the average Pramerica Life Insurance Branch Manager salary in India which ranges between ₹5.1 Lakhs to ₹11.0 Lakhs per year for employees with experience between 6 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at Pramerica Life Insurance?

According to AmbitionBox, 42% of the Pramerica Life Insurance Branch Managers reported a notice period of 1 Month, 37% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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Pramerica Life Insurance Branch Manager Salaries by Location

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Pramerica Life Insurance Branch Manager Salaries

Pramerica Life Insurance Branch Manager salary in India ranges between ₹5.1 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.

Pramerica Life Insurance Branch Manager salaries in India

Companies similar to Pramerica Life Insurance for Branch Manager

Latest annual salaries shared by Pramerica Life Insurance Branch Manager

Experience wise Pramerica Life Insurance Branch Manager salaries

Similar Designation salaries in Pramerica Life Insurance

Top skills at Pramerica Life Insurance for Branch Manager

Salary related reviews for Pramerica Life Insurance

Senior Sales Manager in Bilaspur

Senior Sales Manager in Kolkata

Sales Manager

Relationship Manager in Ambala

Associate Sales Manager in Visakhapatnam

Pramerica Life Insurance Branch Manager Salary FAQs

Tell us how to improve this page.

Pramerica Life Insurance Branch Manager Salaries by Location