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IndiaFirst Life Insurance Branch Development Manager salaries in India

Annual salary range
1 - 8 years exp.
₹2 Lakhs - ₹4.9 Lakhs
Salary of majority employees
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33% less than the average Branch Development Manager Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Development Manager Salary
1 - 8 years exp. (16 salaries)
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₹2.1 L/yr - ₹4.9 L/yr

Sales & Business Development
Branch Development Manager Salary
1 - 8 years exp. (13 salaries)
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₹2.4 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Branch Development Manager Salary
2 - 6 years exp. (5 salaries)
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₹2.6 L/yr - ₹4.1 L/yr

Marketing & Communication
Branch Development Manager Salary
3 - 4 years exp. (4 salaries)
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₹2.8 L/yr - ₹3.9 L/yr

Finance & Accounting
Branch Development Manager Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.2 L/yr

Last Updated: 5 Feb 2025

Companies similar to IndiaFirst Life Insurance for Branch Development Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Branch Development Manager Salary

3 - 7 years exp. (11 salaries)

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₹2.4 L/yr - ₹4 L/yr

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₹2.8 L/yr - ₹5.8 L/yr

arrow icon 22% more
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₹5.2 L/yr - ₹7 L/yr

arrow icon 77% more
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₹4.5 L/yr - ₹6 L/yr

arrow icon 53% more
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₹4 L/yr - ₹5 L/yr

arrow icon 34% more
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₹3.9 L/yr - ₹4.5 L/yr

arrow icon 22% more
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₹2.5 L/yr - ₹4.4 L/yr

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₹3 L/yr - ₹3.8 L/yr

arrow icon 5% less
Branch Development Manager salary at IndiaFirst Life Insurance ranges between ₹2 Lakhs to ₹4.9 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 47 latest salaries received from various employees of IndiaFirst Life Insurance.

Latest annual salaries shared by IndiaFirst Life Insurance Branch Development Manager

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Experience wise IndiaFirst Life Insurance Branch Development Manager salaries

Last Updated: 5 Feb 2025

Experience Avg Annual Salary
1 year  (6 salaries)

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₹2 L/yr - ₹3.5 L/yr
2 years  (5 salaries)

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₹2.5 L/yr - ₹3.3 L/yr
3 years  (13 salaries)

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₹2 L/yr - ₹4.2 L/yr
4 years  (11 salaries)

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₹2 L/yr - ₹4.1 L/yr
5 years  (4 salaries)

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₹1.4 L/yr - ₹4.9 L/yr
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Similar Designation salaries in IndiaFirst Life Insurance

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₹1.5 L/yr - ₹6.5 L/yr
Branch Manager Salary
(5 salaries)
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₹4.2 L/yr - ₹8.5 L/yr
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₹3.5 L/yr - ₹6.25 L/yr
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₹6 L/yr - ₹9.49 L/yr
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₹2.2 L/yr - ₹2.8 L/yr
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₹5 L/yr - ₹7.5 L/yr
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₹3 L/yr - ₹14 L/yr
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₹5.75 L/yr - ₹18 L/yr
Deputy Manager Salary
(107 salaries)
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₹3.5 L/yr - ₹10.7 L/yr
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₹2.4 L/yr - ₹4.2 L/yr

Salary related reviews for IndiaFirst Life Insurance

4.2

Rated by 14 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 28 Jan 2025

3.0
 for  Salary and Benefits

Likes

Constant training for improvement that's likeable

Dislikes

Reaching 100% target can never satisfy them while salary are not justifyable according to the work load. And management always scolding the employee while In my 8 months 6 of them resign due to over load work pressure and frequent scolding using inappropriate verbal

read more
  • Job security - Bad
  • +3 more

BFSI, Investments & Trading Department

1.0
  •  posted on 29 Jun 2022

1.0
 for  Salary and Benefits

Likes

Company is good ,but hr is not helpful and Abh Mr.jegan jeevanadham is working on South tamilnadu hr is very cheap behaviour ,he suck your salary and buy medqls and gift for the branch manager ,he not even listen your words at any situation pls don't join , company is good but ABH are very bad

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Dislikes

I like this company very much but Mr.Jegan jeevanadham is very bad while speaking and not given leave for any situation it including death also very worst I ever seen in my career

read more
  • Salary - Bad
  • +6 more

Life Insurance Department

4.0
  •  posted on 14 Nov 2021

3.0
 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.

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Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but doesn't address our issues. There is a bound of 1 years before which you cannot resign. On the job training is not given to new joiners.

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BFSI, Investments & Trading Department

5.0
  •  posted on 17 Jan 2022

2.0
 for  Salary and Benefits

Likes

Great company but on salary front they will try every other dirty trick so that they don't have to give you incentive. On business month they will add too many conditions so that they can save and don't have to give our hard earn incentive.

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  • Skill development - Excellent
  • +4 more

Dislikes

Poor Incentive structure. Too many conditions for rewards. Doesn't feel like family. No team outings.

  • Salary - Poor

Other Department

5.0
  •  posted on 23 Feb 2021

5.0
 for  Salary and Benefits

Likes

In covid time we are getting salary ,,, after 4th month voluntarily Rbh and HR push for Resigned ... here no job security no humanity's bcz higher position people want to safer side ...

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  • Salary - Excellent
  • +1 more

Dislikes

Because RBH and HR only good here ,,, basically HR work here for RBH and ZBH ...

  • Job security - Bad
  • +3 more
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IndiaFirst Life Insurance Branch Development Manager Salary FAQs

What is the salary of Branch Development Manager at IndiaFirst Life Insurance?
Branch Development Manager salary at IndiaFirst Life Insurance in India ranges between ₹2.0 Lakhs to ₹4.9 Lakhs for experience between 1 years to 8 years. According to our estimates it is 33% less than the average Branch Development Manager Salary in India. Salary estimates are based on 47 latest salaries received from various employees of IndiaFirst Life Insurance India.
How does the salary of a Branch Development Manager at IndiaFirst Life Insurance India compare with the average salary range for this job?
The average salary of a Branch Development Manager at IndiaFirst Life Insurance is 33% less than the average salary of a Branch Development Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than IndiaFirst Life Insurance to a Branch Development Manager in India?
  • Max Life Insurance Branch Development Manager Salary - ₹5.2 Lakhs to ₹7.0 Lakhs per year
  • Bajaj Allianz Life Insurance Branch Development Manager Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
  • Reliance Nippon Life Insurance Branch Development Manager Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
  • Aditya Birla Health Insurance Co Branch Development Manager Salary - ₹3.9 Lakhs to ₹4.5 Lakhs per year
  • SBI Life Insurance Company Branch Development Manager Salary - ₹2.8 Lakhs to ₹5.8 Lakhs per year
What is the salary of a Branch Development Manager in companies similar to IndiaFirst Life Insurance in India?
  • Edelweiss Life Insurance Branch Development Manager Salary - ₹2.5 Lakhs to ₹4.4 Lakhs per year
  • Cholamandalam MS General Insurance Branch Development Manager Salary - ₹3.0 Lakhs to ₹3.8 Lakhs per year
  • HDFC Life Branch Development Manager Salary - ₹2.4 Lakhs to ₹4.0 Lakhs per year
What is the estimated take home salary of a Branch Development Manager at IndiaFirst Life Insurance in India?
The estimated take-home salary of a Branch Development Manager at IndiaFirst Life Insurance ranges between ₹24,879 per month to ₹26,320 per month in India. The take-home salary calculation is based on the average IndiaFirst Life Insurance Branch Development Manager salary in India which ranges between ₹2.0 Lakhs to ₹4.9 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Branch Development Manager at IndiaFirst Life Insurance?
According to AmbitionBox, 69% of the IndiaFirst Life Insurance Branch Development Managers reported a notice period of 1 Month, 14% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 35 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IndiaFirst Life Insurance Branch Development Manager salary in India ranges between ₹2 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 47 IndiaFirst Life Insurance latest salaries received from various employees of IndiaFirst Life Insurance.