ICICI Prudential Life Insurance Bangalore / Bengaluru Branch Relationship Manager Salaries by 5 Employees

3 - 5 years exp.

₹4.1 Lakhs - ₹5.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

16% less than the average Branch Relationship Manager Salary in Insurance Companies for 3 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Relationship Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹5.5 L/yr
Finance & Accounting Branch Relationship Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5 L/yr
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Sales & Business Development Branch Relationship Manager Salary 4 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.4 L/yr

Last Updated: 16 Mar 2023

Companies similar to ICICI Prudential Life Insurance for Branch Relationship Manager in Bangalore / Bengaluru

ICICI Prudential Life Insurance Branch Relationship Manager Salary

3 - 5 years exp. (5 salaries)

₹4.1 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra General Insurance Branch Relationship Manager Salary 1 - 4 years exp. (7 salaries)	₹3.2 L/yr - ₹4 L/yr 21% less	1 job opening
Axis Max Life Insurance Branch Relationship Manager Salary 7 - 13 years exp. (4 salaries)	₹7.5 L/yr - ₹10 L/yr 93% more	4 job openings
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Kotak Mahindra Bank Branch Relationship Manager Salary 0 - 10 years exp. (119 salaries)	₹4 L/yr - ₹8.1 L/yr 20% more
IDFC FIRST Bank Branch Relationship Manager Salary 1 - 10 years exp. (35 salaries)	₹3.5 L/yr - ₹11 L/yr 67% more
Axis Bank Branch Relationship Manager Salary 0 - 8 years exp. (18 salaries)	₹2.8 L/yr - ₹7 L/yr 5% less

Branch Relationship Manager salary at ICICI Prudential Life Insurance ranges between ₹4.1 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Branch Relationship Manager salaries in Bangalore / Bengaluru

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
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5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

Relationship Manager Salary

(43 salaries)

₹3 L/yr - ₹6.5 L/yr

Area Manager Salary

(31 salaries)

₹7.2 L/yr - ₹13 L/yr

Branch Manager Salary

(15 salaries)

₹6.25 L/yr - ₹17 L/yr

Area Sales Manager Salary

(10 salaries)

₹4.6 L/yr - ₹12 L/yr

Salary related reviews for ICICI Prudential Life Insurance

5.0

Rated by 1 employees for salary & benefits

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

Relationship Manager in Mumbai

Marketing & Communication Department

1.0

• posted on 26 Mar 2021

2.0

for Salary and Benefits

Likes

- Allowances are good. - Salary comes on time.

Job security - Good

Dislikes

There is absolutely no work life balance here. The boss / super boss everyone speaks in a very demotivating and degrading tone. It is very abusive and toxic. Unrealistic expectations and extremely abusive culture

Salary - Poor

+4 more

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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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ICICI Prudential Life Insurance Branch Relationship Manager Salary FAQs

What is the salary of Branch Relationship Manager at ICICI Prudential Life Insurance in Bangalore / Bengaluru?

The average salary of a Branch Relationship Manager at ICICI Prudential Life Insurance in Bangalore / Bengaluru typically ranges from ₹4.1 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Branch Relationship Manager in Bangalore / Bengaluru at ICICI Prudential Life Insurance earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Branch Relationship Manager Salaries at ICICI Prudential 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 5 ICICI Prudential Life Insurance employees in India.

What is the estimated take home salary of a Branch Relationship Manager at ICICI Prudential Life Insurance in Bangalore / Bengaluru?

The estimated take-home salary of a Branch Relationship Manager at ICICI Prudential Life Insurance in Bangalore / Bengaluru typically ranges from ₹35,462 to ₹36,695 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 3 years to 5 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 5 salaries received from various employees of ICICI Prudential Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ICICI Prudential Life Insurance for Branch Relationship Manager in India?

Axis Max Life Insurance	₹7.5 Lakhs to ₹10.0 Lakhs per year
IDFC FIRST Bank	₹3.5 Lakhs to ₹11.0 Lakhs per year
Kotak Mahindra Bank	₹4.0 Lakhs to ₹8.1 Lakhs per year

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

What is the salary of a Branch Relationship Manager in companies similar to ICICI Prudential Life Insurance in Bangalore / Bengaluru?

The salary of a Branch Relationship Manager at companies similar to ICICI Prudential Life Insurance in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹2.8 Lakhs to ₹7.0 Lakhs per year
Kotak Mahindra General Insurance	₹3.2 Lakhs to ₹4.0 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 Relationship Manager at ICICI Prudential Life Insurance in Bangalore / Bengaluru?

The salary growth for a Branch Relationship Manager at ICICI Prudential Life Insurance in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Branch Relationship Manager in Bangalore / Bengaluru can expect the following growth trajectory at ICICI Prudential Life Insurance:

Experience	Average Salary Range
3 years	₹4.3 Lakhs to ₹5.4 Lakhs per year
4 years	₹4.5 Lakhs to ₹5.7 Lakhs per year
5 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Branch Relationship Manager Salaries in Bangalore / Bengaluru

ICICI Prudential Life Insurance Branch Relationship Manager salary in Bangalore / Bengaluru ranges between ₹4.1 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.