ICICI Prudential Life Insurance Mumbai Branch Head Salaries by 7 Employees (Updated 2025)

9 - 18 years exp.

₹11.6 Lakhs - ₹15.5 Lakhs

Salary of majority employees

6% less than the average Branch Head Salary in Insurance Companies for 9 - 18 years of experience

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Salaries in different departments

Sales & Business Development Branch Head Salary 9 - 18 years exp. (3 salaries)	₹11.4 L/yr - ₹15.5 L/yr
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BFSI, Investments & Trading Branch Head Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹11.6 L/yr

Last Updated: 29 Jan 2025

Companies similar to ICICI Prudential Life Insurance for Branch Head in Mumbai

ICICI Prudential Life Insurance Branch Head Salary

9 - 18 years exp. (7 salaries)

₹11.6 L/yr - ₹15.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Head Salary 6 - 14 years exp. (13 salaries)	₹8 L/yr - ₹10 L/yr 22% less	2 job openings
Reliance Nippon Life Insurance Branch Head Salary 8 - 12 years exp. (3 salaries)	₹8.5 L/yr - ₹10 L/yr 26% less
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Aditya Birla Sun Life Insurance Branch Head Salary 12 - 18 years exp. (8 salaries)	₹13 L/yr - ₹16.5 L/yr 23% more
HDFC Ergo General Insurance Branch Head Salary 10 - 16 years exp. (4 salaries)	₹8.6 L/yr - ₹11.8 L/yr 11% less
Axis Bank Branch Head Salary 10 - 23 years exp. (67 salaries)	₹9.7 L/yr - ₹26 L/yr 58% more	4 job openings

Branch Head salary at ICICI Prudential Life Insurance ranges between ₹11.6 Lakhs to ₹15.5 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Branch Head salaries in Mumbai

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹13.3 L/yr
10 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
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11 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹11.6 L/yr
12 years (3 salaries)	₹4.5 L/yr - ₹12 L/yr
13 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
14 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
15+ years (AmbitionBox Estimate)	₹5.2 L/yr - ₹15.5 L/yr

View all

Similar Designation salaries in ICICI Prudential Life Insurance

Sales Manager Salary

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₹3 L/yr - ₹10 L/yr

Branch Manager Salary

(50 salaries)

₹7.15 L/yr - ₹18 L/yr

Area Manager Salary

(46 salaries)

₹7 L/yr - ₹12 L/yr

Area Head Salary

(4 salaries)

₹9 L/yr - ₹12 L/yr

Branch Incharge Salary

(3 salaries)

₹3.35 L/yr - ₹4.11 L/yr

Sales Officer Salary

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₹3.35 L/yr - ₹3.59 L/yr

Salary related reviews for ICICI Prudential Life Insurance

5.0

Rated by 1 employees for salary & benefits

Senior Branch Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 21 Aug 2024

1.0

for Salary and Benefits

Likes

Company develop people by learning and valuable skills. Customer first, best product's with features.

Skill development - Good

+1 more

Dislikes

... 18 years of my life to the company , doesn’t recognise handwork and commitment.New hires from outside the company are brought in at higher salary's. That kind of thing unvalued and disheartened.

Salary - Bad

+3 more

Area Sales Manager in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 13 Jul 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...relieving & fnf settlement was comunicted verbaly for whch I had ask in writing. But it was asured dt recovery amt ll nt vary & latr thy givn recovery of gross salary which is high. When I not worked then also they added hra, supplementary allowance, statutory bonus in my recovery amt. Firstly If i have not taken any benfits with organization then recovery is not calculated and If the recovery calculated then it is always calculated on monthly basic salary.Rest all are additional benefits given to the employee. But then also ipru charged me recovery of 2month gross salary. As I have to get my reliveing letter so i had paid the recovery. But now I am writing the complaint as I was charged too. Pls help me out for it.

Salary - Bad

+6 more

Sales Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 17 Jan 2023

3.0

for Salary and Benefits

Likes

Skill development Salary and benefits

Skill development - Good

+1 more

Dislikes

No dislikes but everything depends on the manager you report and the channel you get in this company. If your in partner handling channel . Your manager will give so much respect and importance to the partner but not you . He will not understand your problem .

Promotions - Poor

+1 more

Relationship Manager in Saharsa

Customer Success, Service & Operations Department

5.0

• posted on 12 Aug 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling.company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Sales Manager in Kolkata

BFSI, Investments & Trading Department

5.0

• posted on 15 Jul 2021

5.0

for Salary and Benefits

Likes

Digital process , Good work environment and culture, teammates are supportive and the management is transparent.

Salary - Excellent

+6 more

Dislikes

Low salary compare to others company in same industry,now a days there is a lot of politics

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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ICICI Prudential Life Insurance Branch Head Salary FAQs

What is the salary of Branch Head at ICICI Prudential Life Insurance Mumbai?

Branch Head salary at ICICI Prudential Life Insurance in Mumbai ranges between ₹11.6 Lakhs to ₹15.5 Lakhs for experience between 9 years to 18 years. According to our estimates it is 6% less than the average Branch Head Salary in India. Salary estimates are based on 7 latest salaries received from various employees of ICICI Prudential Life Insurance Mumbai.

How does the salary of a Branch Head at ICICI Prudential Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Branch Head at ICICI Prudential Life Insurance is 6% less than the average salary of a Branch Head in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Prudential Life Insurance to a Branch Head in Mumbai?

Axis Bank Branch Head Salary - ₹9.7 Lakhs to ₹26.0 Lakhs per year
Aditya Birla Sun Life Insurance Branch Head Salary - ₹13.0 Lakhs to ₹16.5 Lakhs per year

What is the salary of a Branch Head in companies similar to ICICI Prudential Life Insurance in Mumbai?

HDFC Ergo General Insurance Branch Head Salary - ₹8.6 Lakhs to ₹11.8 Lakhs per year
HDFC Life Branch Head Salary - ₹8.0 Lakhs to ₹10.0 Lakhs per year
Reliance Nippon Life Insurance Branch Head Salary - ₹8.5 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Branch Head at ICICI Prudential Life Insurance in Mumbai?

The estimated take-home salary of a Branch Head at ICICI Prudential Life Insurance ranges between ₹83,946 per month to ₹86,141 per month in Mumbai. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Branch Head salary in India which ranges between ₹11.6 Lakhs to ₹15.5 Lakhs per year for employees with experience between 9 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Branch Head at ICICI Prudential Life Insurance in Mumbai?

According to AmbitionBox, 75% of the ICICI Prudential Life Insurance Branch Heads in Mumbai reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Branch Head Salaries in Mumbai

ICICI Prudential Life Insurance Branch Head salary in Mumbai ranges between ₹11.6 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.