Max Life Insurance Branch Banking Manager Salaries by 3 Employees (Updated 2025)

4 - 5 years exp.

₹2 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

51% less than the average Branch Banking Manager Salary in Insurance Companies for 4 - 5 years of experience

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Salaries in different departments

Finance & Accounting Branch Banking Manager Salary 4 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Sales & Business Development Branch Banking Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 19 Nov 2024

Companies similar to Max Life Insurance for Branch Banking Manager

Company name	Avg Annual Salary	Open Jobs
Axis Bank Branch Banking Manager Salary 4 - 12 years exp. (6 salaries)	₹3 L/yr - ₹7.5 L/yr 108% more
ICICI Bank Branch Banking Manager Salary 6 - 12 years exp. (5 salaries)	₹3.8 L/yr - ₹7.6 L/yr 105% more
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HDFC Bank Branch Banking Manager Salary 8 - 18 years exp. (5 salaries)	₹7 L/yr - ₹11 L/yr 174% more
Kotak Mahindra Bank Branch Banking Manager Salary 3 - 8 years exp. (5 salaries)	₹5 L/yr - ₹5.8 L/yr 74% more
AU Small Finance Bank Branch Banking Manager Salary 5 - 12 years exp. (4 salaries)	₹3.7 L/yr - ₹7.8 L/yr 88% more

Branch Banking Manager salary at Max Life Insurance ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Branch Banking Manager salaries

Last Updated: 19 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Similar Designation salaries in Max Life Insurance

Branch Manager Salary

(134 salaries)

₹7 L/yr - ₹14 L/yr

Deputy Branch Manager Salary

(5 salaries)

₹1 L/yr - ₹10 L/yr

Operations Manager Salary

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₹2.15 L/yr - ₹11 L/yr

Team Manager Salary

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₹5.75 L/yr - ₹20.3 L/yr

Project Manager Salary

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₹5.12 L/yr - ₹17 L/yr

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₹4.1 L/yr - ₹5.5 L/yr

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₹1.1 L/yr - ₹7.03 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Deputy Manager Salary

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₹2.4 L/yr - ₹9 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Salary related reviews for Max Life Insurance

Deputy Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 05 Jan 2024

1.0

for Salary and Benefits

Likes

To be very honest . Leaders are not at all good. They don’t treat people with respect. Just Bogus Company I ever worked with.

Dislikes

Everything. Full of Politics. Managers and leaders are not at all good.. Doesn’t provide Exact salary. And the KRA’s don’t match what they said during Interview.

Customer Service Executive in Bikaner

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 24 Sep 2019

5.0

for Salary and Benefits

Likes

Excellent all things

Dislikes

Compensation is decent and fast growing, no any work pressure. I have to work 15 to 18 hours straight in a day I have attended claint calls and manage all operation and admin work.

Operations Executive in Howrah

Operations Department

5.0

• posted on 02 Jun 2021

4.0

for Salary and Benefits

Likes

Very good company for both personal and professional growth.Employee centric.Friendly environment.Colleagues and seniors are very much co-operative which is very helpful for a new joinee.I shared a great relation with them.A very much customer oriented company when it comes to service.

Dislikes

Salary structure needs to improve for an off-role employee else everything is fine.

Operations Executive in Ranchi

BFSI, Investments & Trading Department

5.0

• posted on 28 May 2019

5.0

for Salary and Benefits

Likes

Working with the max life insurance is such a great experience . My team leaders are very supportive , salary package is not to too but its okay, i have learned too many things there but work life balance is not too good

Dislikes

The thing that i dislike in working in max life insurance that is we all employee work every sunday but not even a single employee get compensation for the working on sunday.

Operations Executive in Gurgaon / Gurugram

Quality Assurance Department

5.0

• posted on 14 Aug 2020

4.0

for Salary and Benefits

Likes

.... It provide us WFH facilities which feels me secured during this pandemic time. Also I got my salary on time without any deductions which is a great thing during this survival period.

Dislikes

Nothing

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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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Max Life Insurance Branch Banking Manager Salary FAQs

What is the notice period for Branch Banking Manager at Max Life Insurance?

According to AmbitionBox, 100% of the Max Life Insurance Branch Banking Managers reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Max Life Insurance Branch Banking Manager Salaries

Max Life Insurance Branch Banking Manager salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Max Life Insurance latest salaries received from various employees of Max Life Insurance.