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Annual salary range
3 - 13 years exp.
₹3
Lakhs - ₹6
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary34% less than the average Branch Sales Manager Salary in Insurance Companies for 3 - 13 years of experience
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Companies similar to Life Insurance Corporation of India for Branch Sales Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Branch Sales Manager Salary
6 - 12 years exp. (40 salaries) |  ₹5 L/yr - ₹10.5 L/yr 
60%
more | |
 ICICI Prudential Life Insurance Branch Sales Manager Salary
0 - 12 years exp. (9 salaries) | ₹4.8 L/yr - ₹11.8 L/yr
56%
more | |
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| ||
 SBI Life Insurance Company Branch Sales Manager Salary
6 - 20 years exp. (22 salaries) | ₹5 L/yr - ₹13 L/yr
100%
more | |
 Max Life Insurance Branch Sales Manager Salary
3 - 15 years exp. (6 salaries) | ₹2.8 L/yr - ₹11 L/yr
43%
more | |
 Bajaj Allianz Life Insurance Branch Sales Manager Salary
2 - 12 years exp. (181 salaries) | ₹2.6 L/yr - ₹6.2 L/yr 
7%
less | |
 Kotak Mahindara Life Insurance Branch Sales Manager Salary
0 - 8 years exp. (17 salaries) | ₹2.5 L/yr - ₹7 L/yr
7%
less | |
 Reliance Nippon Life Insurance Branch Sales Manager Salary
0 - 10 years exp. (16 salaries) | ₹2.3 L/yr - ₹7 L/yr
15%
less | |
 Tata AIA Life Insurance Branch Sales Manager Salary
1 - 9 years exp. (33 salaries) | ₹5 L/yr - ₹8.2 L/yr
48%
more | 1 job opening |
 PNB MetLife Branch Sales Manager Salary
5 - 15 years exp. (4 salaries) | ₹6.3 L/yr - ₹8 L/yr
52%
more | |
 Aditya Birla Sun Life Insurance Branch Sales Manager Salary
4 - 9 years exp. (4 salaries) | ₹2.4 L/yr - ₹8.5 L/yr At par | |
 Care Health Insurance Branch Sales Manager Salary
1 - 9 years exp. (7 salaries) | ₹4.4 L/yr - ₹5.4 L/yr
9%
more | |
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| ||
 HDFC Ergo General Insurance Branch Sales Manager Salary
4 - 18 years exp. (5 salaries) | ₹3.7 L/yr - ₹11 L/yr
52%
more | |
 ICICI Lombard General Insurance Company Branch Sales Manager Salary
12 - 16 years exp. (4 salaries) | ₹5.6 L/yr - ₹8 L/yr
71%
more | |
 Cholamandalam MS General Insurance Branch Sales Manager Salary
7 - 11 years exp. (4 salaries) | ₹7 L/yr - ₹8.1 L/yr
77%
more | |
 Star Health & Allied Insurance Branch Sales Manager Salary
0 - 4 years exp. (4 salaries) | ₹1.9 L/yr - ₹7 L/yr
18%
less | |
 Shriram Life Insurance Branch Sales Manager Salary
5 - 8 years exp. (3 salaries) | ₹2.5 L/yr - ₹2.8 L/yr
42%
less | |
 Bajaj Allianz General Insurance Branch Sales Manager Salary
5 - 7 years exp. (3 salaries) | ₹4 L/yr - ₹6 L/yr
7%
more | |
Branch Sales Manager salary at Life Insurance Corporation of India ranges between ₹3
Lakhs
to ₹6
Lakhs
per year for employees with experience between 3 years to 13 years. Salary
estimates are based on
5 latest salaries received
from various employees of Life Insurance Corporation of India.
Latest annual salaries shared by Life Insurance Corporation of India Branch Sales Manager
2mo ago
5
years
exp.
1y ago
4
years
exp.
1y ago
3
years
exp.
1y ago
13
years
exp.
1y ago
10
years
exp.
Experience wise Life Insurance Corporation of India Branch Sales Manager salaries
Last Updated: 20 Oct 2024
| Experience | Avg Annual Salary |
|---|---|
| 3 years (AmbitionBox Estimate) |
₹1.7
L/yr
- ₹4.5
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹1.7
L/yr
- ₹4.5
L/yr
|
Login to view exact salary
| |
| 5 years (AmbitionBox Estimate) |
₹1.7
L/yr
- ₹4.5
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹4
L/yr
- ₹5.1
L/yr
|
| 7 years (AmbitionBox Estimate) |
₹4
L/yr
- ₹5.2
L/yr
|
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Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Life Insurance Corporation of India Branch Sales Manager Salary FAQs
What is the salary of Branch Sales Manager at Life Insurance Corporation of India?
Branch Sales Manager salary at Life Insurance Corporation of India in India ranges between ₹3.0 Lakhs to ₹6.0 Lakhs for experience between 3 years to 13 years. According to our estimates it is 34% less than the average Branch Sales Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Life Insurance Corporation of India India.
How does the salary of a Branch Sales Manager at Life Insurance Corporation of India India compare with the average salary range for this job?
The average salary of a Branch Sales Manager at Life Insurance Corporation of India is 34% less than the average salary of a Branch Sales Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Life Insurance Corporation of India to a Branch Sales Manager in India?
- SBI Life Insurance Company Branch Sales Manager Salary - ₹5.0 Lakhs to ₹13.0 Lakhs per year
- Cholamandalam MS General Insurance Branch Sales Manager Salary - ₹7.0 Lakhs to ₹8.1 Lakhs per year
- ICICI Lombard General Insurance Company Branch Sales Manager Salary - ₹5.6 Lakhs to ₹8.0 Lakhs per year
- HDFC Life Branch Sales Manager Salary - ₹5.0 Lakhs to ₹10.5 Lakhs per year
- ICICI Prudential Life Insurance Branch Sales Manager Salary - ₹4.8 Lakhs to ₹11.8 Lakhs per year
What is the salary of a Branch Sales Manager in companies similar to Life Insurance Corporation of India in India?
- HDFC Ergo General Insurance Branch Sales Manager Salary - ₹3.7 Lakhs to ₹11.0 Lakhs per year
- PNB MetLife Branch Sales Manager Salary - ₹6.3 Lakhs to ₹8.0 Lakhs per year
- Tata AIA Life Insurance Branch Sales Manager Salary - ₹5.0 Lakhs to ₹8.2 Lakhs per year
- Max Life Insurance Branch Sales Manager Salary - ₹2.8 Lakhs to ₹11.0 Lakhs per year
- Care Health Insurance Branch Sales Manager Salary - ₹4.4 Lakhs to ₹5.4 Lakhs per year
What is the estimated take home salary of a Branch Sales Manager at Life Insurance Corporation of India in India?
The estimated take-home salary of a Branch Sales Manager at Life Insurance Corporation of India ranges between ₹33,961 per month to ₹35,217 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Branch Sales Manager salary in India which ranges between ₹3.0 Lakhs to ₹6.0 Lakhs per year for employees with experience between 3 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Branch Sales Manager at Life Insurance Corporation of India?
According to AmbitionBox, 60% of the Life Insurance Corporation of India Branch Sales Managers reported a notice period of 1 Month, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.
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Life Insurance Corporation of India Branch Sales Manager salary
in
India
ranges between ₹3
Lakhs to ₹6
Lakhs with an average annual salary of
₹. Salary estimates are based on
5
Life Insurance Corporation of India latest salaries received from various employees of
Life Insurance Corporation of India.