Edelweiss Life Insurance Chandigarh Branch Manager Salaries by 4 Employees (Updated 2025)

10 - 12 years exp.

₹7 Lakhs - ₹8 Lakhs

Avg. annual salary

Monthly In-hand Salary

36% less than the average Branch Manager Salary in Insurance Companies for 10 - 12 years of experience

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Salaries in different departments

Sales & Business Development Branch Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹7.8 L/yr
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BFSI, Investments & Trading Branch Manager Salary 10 years exp. (AmbitionBox Estimate)	₹7.3 L/yr - ₹7.7 L/yr

Last Updated: 6 Jan 2025

Companies similar to Edelweiss Life Insurance for Branch Manager in Chandigarh

Edelweiss Life Insurance Branch Manager Salary

10 - 12 years exp. (4 salaries)

₹7 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Branch Manager Salary 6 - 20 years exp. (41 salaries)	₹5.8 L/yr - ₹20.8 L/yr 85% more	129 job openings
Yes Bank Branch Manager Salary 9 - 17 years exp. (17 salaries)	₹8.6 L/yr - ₹22 L/yr 94% more	20 job openings
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State Bank of India Branch Manager Salary 5 - 14 years exp. (12 salaries)	₹15 L/yr - ₹22 L/yr 175% more
ICICI Prudential Life Insurance Branch Manager Salary 3 - 16 years exp. (11 salaries)	₹8.2 L/yr - ₹14.8 L/yr 56% more
HDFC Ergo General Insurance Branch Manager Salary 9 - 16 years exp. (8 salaries)	₹7.3 L/yr - ₹11.6 L/yr 42% more

Branch Manager salary at Edelweiss Life Insurance ranges between ₹7 Lakhs to ₹8 Lakhs per year for employees with experience between 10 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Edelweiss Life Insurance.

Experience wise Edelweiss Life Insurance Branch Manager salaries in Chandigarh

Last Updated: 6 Jan 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
11 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
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12 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr

Similar Designation salaries in Edelweiss Life Insurance

Relationship Manager Salary

(3 salaries)

₹3.1 L/yr - ₹4.25 L/yr

Top skills at Edelweiss Life Insurance for Branch Manager

Life Insurance Branch Management Agency Sales Life Insurance Agency Channel Tied Channel Team Handling Senior Management Marking Field Sales Direct Sales Heading Branch Insurance Sales LI Providing Training

Salary related reviews for Edelweiss Life Insurance

Territory Manager in Tiruchirappalli

Full Time

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5.0

• posted on 30 Dec 2022

5.0

for Salary and Benefits

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On time salary. Friendly environment. Good office set up. Excellent customer service. Good ethics on all parameters.

Salary - Excellent

+5 more

Dislikes

No training and development on career point of views and work related training Updation

Housekeeping Supervisor in Chennai

Full Time

Food, Beverage & Hospitality Department

2.0

• posted on 11 Sep 2023

3.0

for Salary and Benefits

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function time there provide foods for all staff's

Skill development - Good

Dislikes

salary is very low. there didn't increase. 4 years am working but my salary 8000 only. thats why i resign my job. qm waiting more than 4 month for my pension .still there didn't provide my pension amount and experience amount....

Job security - Bad

+2 more

Branch Operation Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Aug 2023

2.0

for Salary and Benefits

Likes

...abt com. 1st Three hears was good, but after covid company behaving like weird. No hike No proposion No increment Branch counter guy sent for premium collection like recovery officer.

Skill development - Good

+1 more

Dislikes

No balance in professional n personal. No time limit. Hr's are just show piese for other than sales recruitment. Only sales oriented company, which is good for company but not for employees.

Salary - Poor

+3 more

Branch Operation Executive in Varanasi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 25 Jun 2020

3.0

for Salary and Benefits

Likes

There are supportive senior boss. In covid19 salary not break it's release every last day of month. All work perform work from home.

Promotions - Good

Dislikes

There are job role branch operations executive but still add some extra profile like calling to customer, collect renuwal like target based.

Trainer in Gorakhpur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 28 Apr 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture. Company policies are good, appraisala are fair and they give good .

Skill development - Excellent

+2 more

Dislikes

Salary is decent but career growth is slow There is a bond of 2years before which you cannot resign.

Promotions - Poor

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Edelweiss Life Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Edelweiss Life Insurance in Chandigarh?

The average salary of a Branch Manager at Edelweiss Life Insurance in Chandigarh typically ranges from ₹7.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 10 years to 12 years).

The top 10% of Branch Manager in Chandigarh at Edelweiss Life Insurance earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Branch Manager Salaries at Edelweiss Life 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 4 Edelweiss Life Insurance employees in India.

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

The estimated take-home salary of a Branch Manager at Edelweiss Life Insurance in Chandigarh typically ranges from ₹56,336 to ₹57,748 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 10 years to 12 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 Edelweiss Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Manager at Edelweiss Life Insurance in Chandigarh?

To be a Branch Manager at Edelweiss Life Insurance in Chandigarh, the key skills required include:

- Life Insurance
- Branch Management
- Agency Sales
- Life Insurance
- Agency Channel

These skills are highly valued at Edelweiss Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Edelweiss Life Insurance for Branch Manager in India?

State Bank of India	₹15.0 Lakhs to ₹22.0 Lakhs per year
Yes Bank	₹8.6 Lakhs to ₹22.0 Lakhs per year
IndusInd Bank	₹5.8 Lakhs to ₹20.8 Lakhs per year
ICICI Prudential Life Insurance	₹8.2 Lakhs to ₹14.8 Lakhs per year
HDFC Ergo General Insurance	₹7.3 Lakhs to ₹11.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Edelweiss Life Insurance, depending on the role and experience level.

How the salary growth look like for a Branch Manager at Edelweiss Life Insurance in Chandigarh?

The salary growth for a Branch Manager at Edelweiss Life Insurance in Chandigarh depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Chandigarh can expect the following growth trajectory at Edelweiss Life Insurance:

Experience	Average Salary Range
10 years	₹6.8 Lakhs to ₹8.7 Lakhs per year
11 years	₹6.8 Lakhs to ₹8.7 Lakhs per year
12 years	₹6.9 Lakhs to ₹8.8 Lakhs per year

and so on.

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Edelweiss Life Insurance Branch Manager Salaries in Chandigarh

Edelweiss Life Insurance Branch Manager salary in Chandigarh ranges between ₹7 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.