Mahindra Insurance Brokers Lucknow Branch Manager Salaries by 2 Employees (Updated 2025)

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₹4.7 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

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Salaries in different departments

Marketing & Communication Branch Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹5.3 L/yr
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Sales & Business Development Branch Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹5.3 L/yr

Last Updated: 4 Mar 2025

Companies similar to Mahindra Insurance Brokers for Branch Manager in Lucknow

Mahindra Insurance Brokers Branch Manager Salary

6 years exp. (AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Edelweiss Life Insurance Branch Manager Salary 10 - 12 years exp. (6 salaries)	₹6.5 L/yr - ₹8 L/yr 36% more
Aditya Birla Health Insurance Co Branch Manager Salary 8 - 16 years exp. (4 salaries)	₹8.6 L/yr - ₹11 L/yr 71% more
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Ageas Federal Life Insurance Branch Manager Salary 10 - 16 years exp. (3 salaries)	₹9 L/yr - ₹12 L/yr 78% more
Bharti AXA Life Insurance Branch Manager Salary 8 - 14 years exp. (3 salaries)	₹7 L/yr - ₹10 L/yr 57% more
IDFC FIRST Bank Branch Manager Salary 7 - 17 years exp. (34 salaries)	₹6.3 L/yr - ₹24 L/yr 194% more	4 job openings

Branch Manager salary at Mahindra Insurance Brokers ranges between ₹4.7 Lakhs to ₹6 Lakhs per year for employees with 6 years of experience. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Insurance Brokers.

Top skills at Mahindra Insurance Brokers for Branch Manager

Health Insurance Sales Direct Sales Agency Channel Life Insurance Insurance Insurance Sales General Insurance Health Insurance Branch Management bdm bde Motor Insurance Agency Sales Agent Recruitment

Salary related reviews for Mahindra Insurance Brokers

1.0

Rated by 1 employees for salary & benefits

Area Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

3.0

• posted on 15 Jan 2025

2.0

for Salary and Benefits

Likes

Mid level managers are not supported to grow ground team in terms appraisal promotions to management,work balance also not manageable.

Dislikes

Salary hike not up to the mark if achieve annual target 100% and more than ,variables policy announced very late after completing 100%

Salary - Poor

+2 more

Senior Application Support Engineer in Mumbai

Full Time

IT & Information Security Department

4.0

• posted on 28 Jul 2023

4.0

for Salary and Benefits

Likes

Activity going on weekend (every Friday) Supporting people and management. Good environment to work Birthday celebration all together with team.

Salary - Good

+4 more

Dislikes

...mething new or promotion is not good in our field As per my personal experience. Salary hike appraisal delayed this year. Work load is not managed properly.

Deputy Area Manager in Hazaribag

Full Time

Sales & Business Development Department

5.0

• posted on 25 Jun 2022

5.0

for Salary and Benefits

Likes

...ve teammates are supportive. Management is transparent ,company policy are good.job security, appraisal are fair and they give good salary hike.

Salary - Excellent

+6 more

Dislikes

Verticalisation ,politics salary is good but career growth is slow,

Senior Territory Manager in Coimbatore

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 29 May 2021

1.0

for Salary and Benefits

Likes

... Assist, Wedding Bonus, New born baby gift, Medical assist, Birthday gift etc. Main Part - Salary slab was very worst and no increment, Executives stay 5 + year experience but salary at end they only out for 230000PA and starts with 180000 PA which is terrible and all work for salary that is not get what we work. Incentive was not given proper time as per time line eg: Quarterly plan, they provide incentive after 6months of that quarter and they not provide calculation for that incentive what we received

Salary - Bad

+6 more

Senior Business Development Executive in Bhubaneswar

BFSI, Investments & Trading Department

4.0

• posted on 12 May 2018

3.0

for Salary and Benefits

Likes

There is a friendly atmosphere to work here,we have maintain a good work life balance here and the most important thing is we have more job security here.

Skill development - Good

+4 more

Dislikes

Here the salary and remuneration is not good as compared of other industry.

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Mahindra Insurance Brokers Branch Manager Salary FAQs

How the salary growth look like for a Branch Manager at Mahindra Insurance Brokers in Lucknow?

The salary growth for a Branch Manager at Mahindra Insurance Brokers in Lucknow depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Lucknow can expect the following growth trajectory at Mahindra Insurance Brokers:

Experience	Average Salary Range
6 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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Mahindra Insurance Brokers Branch Manager Salaries in Lucknow

Mahindra Insurance Brokers Branch Manager salary in Lucknow ranges between ₹4.7 Lakhs to ₹6 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Insurance Brokers.