ICICI Prudential Life Insurance Branch Sales Manager Salaries by 9 Employees

0 - 12 years exp.

₹4.8 Lakhs - ₹11.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Branch Sales Manager Salary in Insurance Companies for 0 - 12 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Branch Sales Manager Salary 1 - 4 years exp. (4 salaries)	₹5 L/yr - ₹8.4 L/yr
BFSI, Investments & Trading Branch Sales Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.9 L/yr
Login to view exact salary
Marketing & Communication Branch Sales Manager Salary 10 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.5 L/yr

Last Updated: 14 Dec 2024

Companies similar to ICICI Prudential Life Insurance for Branch Sales Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Branch Sales Manager Salary 2 - 9 years exp. (166 salaries)	₹2.6 L/yr - ₹6.2 L/yr 38% less
HDFC Life Branch Sales Manager Salary 6 - 12 years exp. (42 salaries)	₹5 L/yr - ₹10.5 L/yr 4% more
Login to view exact salary
Tata AIA Life Insurance Branch Sales Manager Salary 1 - 9 years exp. (34 salaries)	₹4 L/yr - ₹8.2 L/yr 6% less	1 job opening
SBI Life Insurance Company Branch Sales Manager Salary 6 - 20 years exp. (24 salaries)	₹5 L/yr - ₹14.3 L/yr 27% more
Reliance Nippon Life Insurance Branch Sales Manager Salary 0 - 10 years exp. (16 salaries)	₹2.3 L/yr - ₹7 L/yr 45% less
Kotak Mahindara Life Insurance Branch Sales Manager Salary 0 - 8 years exp. (14 salaries)	₹3 L/yr - ₹7 L/yr 37% less	1 job opening
ICICI Lombard General Insurance Company Branch Sales Manager Salary 9 - 16 years exp. (7 salaries)	₹5.6 L/yr - ₹12 L/yr 12% more
Life Insurance Corporation of India Branch Sales Manager Salary 3 - 16 years exp. (6 salaries)	₹3 L/yr - ₹9.9 L/yr 12% less
HDFC Ergo General Insurance Branch Sales Manager Salary 4 - 18 years exp. (5 salaries)	₹3.7 L/yr - ₹11 L/yr 2% less
Axis Max Life Insurance Branch Sales Manager Salary 10 - 16 years exp. (4 salaries)	₹6 L/yr - ₹9 L/yr 15% more
Aditya Birla Sun Life Insurance Branch Sales Manager Salary 4 - 9 years exp. (4 salaries)	₹2.4 L/yr - ₹8.5 L/yr 35% less
Login to view exact salary
PNB MetLife Branch Sales Manager Salary 5 - 15 years exp. (4 salaries)	₹6.3 L/yr - ₹8 L/yr 2% less
Star Health & Allied Insurance Branch Sales Manager Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹7 L/yr 47% less
Shriram Life Insurance Branch Sales Manager Salary 5 - 8 years exp. (3 salaries)	₹2.5 L/yr - ₹2.8 L/yr 63% less

Branch Sales Manager salary at ICICI Prudential Life Insurance ranges between ₹4.8 Lakhs to ₹11.8 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 9 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Branch Sales Manager salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
1 year (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
3 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
4 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
5 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
6 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
7 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
8 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
9 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
10 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
11 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
12 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr

View all

Similar Designation salaries in ICICI Prudential Life Insurance

Area Sales Manager Salary

(133 salaries)

₹4.74 L/yr - ₹16.2 L/yr

Senior Sales Manager Salary

(33 salaries)

₹3.25 L/yr - ₹8.1 L/yr

Branch Manager Salary

(421 salaries)

₹6.5 L/yr - ₹18.75 L/yr

Sales Manager Salary

(958 salaries)

₹2.5 L/yr - ₹11 L/yr

Assistant Sales Manager Salary

(43 salaries)

₹4 L/yr - ₹5.75 L/yr

Area Manager Salary

(376 salaries)

₹5.8 L/yr - ₹13.2 L/yr

Business Manager Salary

(8 salaries)

₹3.1 L/yr - ₹4 L/yr

Senior Branch Manager Salary

(29 salaries)

₹10 L/yr - ₹16 L/yr

Store Manager Salary

(3 salaries)

₹3 L/yr - ₹11 L/yr

Branch Head Salary

(37 salaries)

₹5.55 L/yr - ₹15.5 L/yr

Salary related reviews for ICICI Prudential Life Insurance

1.8

Rated by 4 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about ICICI Prudential Life Insurance?

Ask anonymously on communities.

ICICI Prudential Life Insurance Branch Sales Manager Salary FAQs

What is the salary of Branch Sales Manager at ICICI Prudential Life Insurance ?

The average salary of a Branch Sales Manager at ICICI Prudential Life Insurance in India typically ranges from ₹4.8 Lakhs to ₹11.8 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Branch Sales Manager at ICICI Prudential Life Insurance earn more than ₹10.4 Lakhs per year, and the top 1% earn over ₹11.8 Lakhs per year. Branch Sales 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 9 ICICI Prudential Life Insurance employees in India.

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

The estimated take-home salary of a Branch Sales Manager at ICICI Prudential Life Insurance in India typically ranges from ₹52,973 to ₹54,291 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹11.8 Lakhs per year for employees with experience ranging from Fresher 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 9 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 Sales Manager in India?

SBI Life Insurance Company	₹5.0 Lakhs to ₹14.3 Lakhs per year
Axis Max Life Insurance	₹6.0 Lakhs to ₹9.0 Lakhs per year
ICICI Lombard General Insurance Company	₹5.6 Lakhs to ₹12.0 Lakhs per year
HDFC Life	₹5.0 Lakhs to ₹10.5 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 Sales Manager in companies similar to ICICI Prudential Life Insurance in India?

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

HDFC Ergo General Insurance	₹3.7 Lakhs to ₹11.0 Lakhs per year
PNB MetLife	₹6.3 Lakhs to ₹8.0 Lakhs per year
Tata AIA Life Insurance	₹4.0 Lakhs to ₹8.2 Lakhs per year
Life Insurance Corporation of India	₹3.0 Lakhs to ₹9.9 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.4 Lakhs to ₹8.5 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 Sales Manager at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹5.7 Lakhs to ₹7.2 Lakhs per year
1 year	₹5.8 Lakhs to ₹7.4 Lakhs per year
2 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
3 years	₹6.0 Lakhs to ₹7.7 Lakhs per year

and so on.

Tell us how to improve this page.

ICICI Prudential Life Insurance Branch Sales Manager Salaries by Location

Home >
Salaries >
ICICI Prudential Life Insurance Salaries >
ICICI Prudential Life Insurance Branch Sales Manager Salaries

ICICI Prudential Life Insurance Branch Sales Manager salary in India ranges between ₹4.8 Lakhs to ₹11.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

ICICI Prudential Life Insurance Branch Sales Manager salaries in India

Companies similar to ICICI Prudential Life Insurance for Branch Sales Manager

Latest annual salaries shared by ICICI Prudential Life Insurance Branch Sales Manager

Experience wise ICICI Prudential Life Insurance Branch Sales Manager salaries

Similar Designation salaries in ICICI Prudential Life Insurance

Salary related reviews for ICICI Prudential Life Insurance

Area Sales Manager in Indore

Sales Manager in Hyderabad / Secunderabad

Relationship Manager in Saharsa

Sales Manager in Kolkata

Relationship Manager in Mumbai

ICICI Prudential Life Insurance Branch Sales Manager Salary FAQs

Tell us how to improve this page.

ICICI Prudential Life Insurance Branch Sales Manager Salaries by Location