Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary8% less than the average Branch Manager Salary in Financial Services Companies for 6 - 15 years of experience
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Salaries in different departments
Sales & Business Development
Branch Manager Salary
6 - 14
years
exp.
(AmbitionBox Estimate)
|  ₹6.4 L/yr - ₹7.6 L/yr |
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| |
BFSI, Investments & Trading
Branch Manager Salary
6
years
exp.
(AmbitionBox Estimate)
| ₹6.4 L/yr - ₹7.8 L/yr |
Companies similar to LIC Mutual Fund for Branch Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Mutual Fund Branch Manager Salary
3 - 14 years exp. (153 salaries) | ₹3 L/yr - ₹11.5 L/yr 
20%
less | |
 SBI Mutual Fund Branch Manager Salary
4 - 12 years exp. (27 salaries) | ₹4.5 L/yr - ₹11.3 L/yr
25%
less | |
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| ||
 Birla Sun Life Mutual Fund Branch Manager Salary
10 - 14 years exp. (4 salaries) | ₹6.2 L/yr - ₹6.4 L/yr
25%
less | |
 Axis Mutual Fund Branch Manager Salary
7 - 12 years exp. (7 salaries) | ₹9 L/yr - ₹11.1 L/yr 
17%
more | |
 Kotak Mahindra Bank Branch Manager Salary
7 - 20 years exp. (1k salaries) | ₹7 L/yr - ₹26 L/yr
89%
more | 1 job opening |
 Nippon Life India Asset Management Branch Manager Salary
4 - 15 years exp. (31 salaries) | ₹5.1 L/yr - ₹11.5 L/yr At par | 6 job openings |
 Franklin Templeton Investments Branch Manager Salary
6 - 8 years exp. (6 salaries) | ₹8 L/yr - ₹18 L/yr
28%
more | |
 UTI Mutual Fund Branch Manager Salary
15 - 18 years exp. (4 salaries) | ₹8.4 L/yr - ₹17.5 L/yr
49%
more | |
 Bajaj Finserv Branch Manager Salary
2 - 9 years exp. (77 salaries) | ₹3.2 L/yr - ₹8 L/yr
32%
less | |
 The Muthoot Group Branch Manager Salary
3 - 13 years exp. (180 salaries) | ₹2.6 L/yr - ₹7.5 L/yr
41%
less | |
 ICICI Securities Branch Manager Salary
2 - 11 years exp. (158 salaries) | ₹4 L/yr - ₹10 L/yr
15%
less | |
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| ||
 Truhome Finance Branch Manager Salary
5 - 16 years exp. (141 salaries) | ₹4.4 L/yr - ₹13 L/yr
10%
less | |
 Edelweiss Branch Manager Salary
5 - 18 years exp. (136 salaries) | ₹3.5 L/yr - ₹11.1 L/yr
18%
less | 1 job opening |
 Geojit Financial Services Branch Manager Salary
8 - 16 years exp. (69 salaries) | ₹3 L/yr - ₹7.2 L/yr
37%
less | 2 job openings |
 Aditya Birla Capital Branch Manager Salary
2 - 12 years exp. (78 salaries) | ₹4.2 L/yr - ₹12.1 L/yr
9%
less | |
 Sharekhan Branch Manager Salary
9 - 19 years exp. (59 salaries) | ₹5.1 L/yr - ₹14.3 L/yr
13%
more | 1 job opening |
 Stock Holding Corporation of India Branch Manager Salary
8 - 18 years exp. (56 salaries) | ₹4.5 L/yr - ₹13 L/yr
6%
less | |
 Motilal Oswal Financial Services Branch Manager Salary
8 - 17 years exp. (55 salaries) | ₹4.5 L/yr - ₹12 L/yr
18%
less | |
 Religare Branch Manager Salary
7 - 16 years exp. (39 salaries) | ₹3.9 L/yr - ₹10 L/yr
21%
less | 1 job opening |
 Bajaj Capital Branch Manager Salary
3 - 13 years exp. (30 salaries) | ₹2.4 L/yr - ₹10 L/yr
41%
less | |
Latest annual salaries shared by LIC Mutual Fund Branch Manager
Experience wise LIC Mutual Fund Branch Manager salaries
Last Updated: 9 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 6 years (AmbitionBox Estimate) |
₹6.4
L/yr
- ₹13
L/yr
|
| 7 years (AmbitionBox Estimate) |
₹6.7
L/yr
- ₹8.6
L/yr
|
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| |
| 8 years (AmbitionBox Estimate) |
₹7
L/yr
- ₹8.9
L/yr
|
| 9 years (AmbitionBox Estimate) |
₹3.2
L/yr
- ₹10
L/yr
|
| 10 years (AmbitionBox Estimate) |
₹7.5
L/yr
- ₹9.6
L/yr
|
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LIC Mutual Fund Branch Manager Salary FAQs
The top 10% of Branch Manager at LIC Mutual Fund earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. Branch Manager Salaries at LIC Mutual Fund 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 6 LIC Mutual Fund employees in India.
| Kotak Mahindra Bank | ₹7.0 Lakhs to ₹26.0 Lakhs per year |
| UTI Mutual Fund | ₹8.4 Lakhs to ₹17.5 Lakhs per year |
| Franklin Templeton Investments | ₹8.0 Lakhs to ₹18.0 Lakhs per year |
| Axis Mutual Fund | ₹9.0 Lakhs to ₹11.1 Lakhs per year |
| Sharekhan | ₹5.1 Lakhs to ₹14.3 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by LIC Mutual Fund, depending on the role and experience level.
| JM Financial | ₹5.0 Lakhs to ₹9.6 Lakhs per year |
| Nippon Life India Asset Management | ₹5.1 Lakhs to ₹11.5 Lakhs per year |
| Stock Holding Corporation of India | ₹4.5 Lakhs to ₹13.0 Lakhs per year |
| Aditya Birla Capital | ₹4.2 Lakhs to ₹12.1 Lakhs per year |
| Truhome Finance | ₹4.4 Lakhs to ₹13.0 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.
| Experience | Average Salary Range |
|---|---|
| 6 years | ₹6.4 Lakhs to ₹13.0 Lakhs per year |
| 7 years | ₹6.7 Lakhs to ₹8.6 Lakhs per year |
| 8 years | ₹7.0 Lakhs to ₹8.9 Lakhs per year |
| 9 years | ₹3.2 Lakhs to ₹10.0 Lakhs per year |
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LIC Mutual Fund Branch Manager salary
in
India
ranges between ₹6.4
Lakhs to ₹10.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
6
LIC Mutual Fund latest salaries received from various employees of
LIC Mutual Fund.