Axis Max Life Insurance Branch Manager Salaries by 100+ Employees (Updated 2025)

8 - 19 years exp.

₹7 Lakhs - ₹14 Lakhs

Salary of majority employees

16% more than the average Branch Manager Salary in Insurance Companies for 8 - 19 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 8 - 18 years exp. (54 salaries)	₹7.3 L/yr - ₹13.1 L/yr
Sales & Business Development Branch Manager Salary 8 - 19 years exp. (52 salaries)	₹7.3 L/yr - ₹14 L/yr
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Marketing & Communication Branch Manager Salary 8 - 14 years exp. (9 salaries)	₹7 L/yr - ₹12 L/yr
Finance & Accounting Branch Manager Salary 9 - 16 years exp. (5 salaries)	₹7 L/yr - ₹12.1 L/yr

Last Updated: 22 Mar 2025

Companies similar to Axis Max Life Insurance for Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Manager Salary 3 - 18 years exp. (369 salaries)	₹6.5 L/yr - ₹18.8 L/yr 15% more
HDFC Life Branch Manager Salary 6 - 18 years exp. (261 salaries)	₹5.3 L/yr - ₹12.5 L/yr 12% less
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Star Health & Allied Insurance Branch Manager Salary 5 - 18 years exp. (249 salaries)	₹4 L/yr - ₹11 L/yr 30% less
ICICI Lombard General Insurance Company Branch Manager Salary 5 - 17 years exp. (213 salaries)	₹4.5 L/yr - ₹13 L/yr 16% less	3 job openings
Cholamandalam MS General Insurance Branch Manager Salary 3 - 10 years exp. (202 salaries)	₹2.9 L/yr - ₹8.8 L/yr 49% less
Kotak Mahindara Life Insurance Branch Manager Salary 3 - 18 years exp. (202 salaries)	₹5 L/yr - ₹13 L/yr 18% less
HDFC Ergo General Insurance Branch Manager Salary 9 - 18 years exp. (195 salaries)	₹4.7 L/yr - ₹14.5 L/yr 14% less
Reliance Nippon Life Insurance Branch Manager Salary 7 - 20 years exp. (202 salaries)	₹3.8 L/yr - ₹11.5 L/yr 29% less
SBI Life Insurance Company Branch Manager Salary 7 - 24 years exp. (171 salaries)	₹6.5 L/yr - ₹16 L/yr 4% more
Tata AIA Life Insurance Branch Manager Salary 8 - 20 years exp. (169 salaries)	₹5 L/yr - ₹17.7 L/yr 13% more	13 job openings

View all

Branch Manager salary at Axis Max Life Insurance ranges between ₹7 Lakhs to ₹14 Lakhs per year for employees with experience between 8 years to 19 years. Salary estimates are based on 140 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Branch Manager salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
8 years (12 salaries)	₹7.3 L/yr - ₹11 L/yr
9 years (20 salaries)	₹7 L/yr - ₹11 L/yr
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10 years (13 salaries)	₹7.3 L/yr - ₹12 L/yr
11 years (16 salaries)	₹8 L/yr - ₹12 L/yr
12 years (14 salaries)	₹7.5 L/yr - ₹14 L/yr
13 years (15 salaries)	₹8 L/yr - ₹12.7 L/yr
14 years (13 salaries)	₹7 L/yr - ₹12.7 L/yr
15+ years (37 salaries)	₹7.5 L/yr - ₹14 L/yr

View all

From

Branch Manager

8 - 19 years exp.

Cluster Manager

6 - 15 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Axis Max Life Insurance

Area Manager Salary

(267 salaries)

₹4.2 L/yr - ₹13 L/yr

Sales Manager Salary

(614 salaries)

₹2.7 L/yr - ₹6.22 L/yr

Branch Incharge Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Branch Head Salary

(21 salaries)

₹9 L/yr - ₹17 L/yr

Deputy Manager Salary

(825 salaries)

₹2.4 L/yr - ₹8.5 L/yr

Chief Manager Salary

(191 salaries)

₹10.86 L/yr - ₹37.68 L/yr

Branch Sales Manager Salary

(4 salaries)

₹6 L/yr - ₹9 L/yr

Senior Branch Manager Salary

(14 salaries)

₹9 L/yr - ₹17.17 L/yr

Deputy Branch Manager Salary

(5 salaries)

₹1 L/yr - ₹10 L/yr

Cluster Manager Salary

(210 salaries)

₹5.5 L/yr - ₹14.9 L/yr

Top skills at Axis Max Life Insurance for Branch Manager

Salesforce Customer Service Branch Management Sales Promotion Sales Management Recruitment Supervision Training Computer Networking agency Auditing Sales Insurance Cost Team Handling

Salary related reviews for Axis Max Life Insurance

4.2

Rated by 43 employees for salary & benefits

Branch Manager

Sales BD Department

5.0

• posted on 21 Dec 2018

5.0

for Salary and Benefits

Likes

It was very nice expierence to work with Max,very good teammates, nice growth appraisal excellent good salary Yes there is politics ay higher level high mode learning as per industry standards. It was turning point of my life.

Salary - Excellent

+6 more

Dislikes

Nothing Nothing Nothing

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.

Salary - Bad

+6 more

Sales Manager in New Delhi

Full Time

Sales Department

2.0

• posted on 26 Nov 2022

2.0

for Salary and Benefits

Likes

...hing About Likes and dislike as company is not my Girlfriend or spouse to love There is only one rule once you perform for any company company will pay. Once you are not favourite for your manager you have to leave the company. No employee want to change the job real truth is employee change their manager.

Salary - Poor

+6 more

Business Development Manager in Meerut

Sales & Business Development Department

1.0

• posted on 05 Feb 2022

1.0

for Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

Dislikes

Salary - Bad
Job security - Bad

+4 more

Business Development Manager in Tirunelveli

Marketing & Communication Department

5.0

• posted on 12 Apr 2021

5.0

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.

Salary - Excellent

+6 more

Dislikes

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Axis Max Life Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Axis Max Life Insurance ?

The average salary of a Branch Manager at Axis Max Life Insurance in India typically ranges from ₹7.0 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 8 years to 19 years).

The top 10% of Branch Manager at Axis Max Life Insurance earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Branch Manager Salaries at Axis Max Life Insurance 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 100+ Axis Max Life Insurance employees in India.

What is the estimated take home salary of a Branch Manager at Axis Max Life Insurance in India?

The estimated take-home salary of a Branch Manager at Axis Max Life Insurance in India typically ranges from ₹76,385 to ₹78,365 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 8 years to 19 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 100+ salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Manager at Axis Max Life Insurance ?

To be a Branch Manager at Axis Max Life Insurance in india, the key skills required include:

- Salesforce
- Customer Service
- Branch Management
- Sales Promotion
- Sales Management

These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Axis Max Life Insurance for Branch Manager in India?

Life Insurance Corporation of India	₹9.7 Lakhs to ₹31.0 Lakhs per year
The New India Assurance Co.	₹10.0 Lakhs to ₹18.5 Lakhs per year
United India Insurance Company	₹9.0 Lakhs to ₹20.0 Lakhs per year
The Oriental Insurance Co.	₹11.2 Lakhs to ₹12.9 Lakhs per year
ICICI Prudential Life Insurance	₹6.5 Lakhs to ₹18.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Max Life Insurance, depending on the role and experience level.

What is the salary of a Branch Manager in companies similar to Axis Max Life Insurance in India?

The salary of a Branch Manager at companies similar to Axis Max Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance	₹5.0 Lakhs to ₹17.7 Lakhs per year
SBI Life Insurance Company	₹6.5 Lakhs to ₹16.0 Lakhs per year
Aviva Life Insurance India	₹7.0 Lakhs to ₹15.0 Lakhs per year
PNB MetLife	₹6.6 Lakhs to ₹13.2 Lakhs per year
HDFC Life	₹5.3 Lakhs to ₹12.5 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.

How the salary growth look like for a Branch Manager at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
8 years	₹7.3 Lakhs to ₹11.0 Lakhs per year
9 years	₹7.0 Lakhs to ₹11.0 Lakhs per year
10 years	₹7.3 Lakhs to ₹12.0 Lakhs per year
11 years	₹8.0 Lakhs to ₹12.0 Lakhs per year

and so on.

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Axis Max Life Insurance Branch Manager Salaries by Location

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Axis Max Life Insurance Branch Manager Salaries

Axis Max Life Insurance Branch Manager salary in India ranges between ₹7 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 140 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Branch Manager salaries in India (Updated 2025)

Companies similar to Axis Max Life Insurance for Branch Manager

Latest annual salaries shared by Axis Max Life Insurance Branch Manager

Experience wise Axis Max Life Insurance Branch Manager salaries

Similar Designation salaries in Axis Max Life Insurance

Top skills at Axis Max Life Insurance for Branch Manager

Salary related reviews for Axis Max Life Insurance

Branch Manager

Deputy Manager in Kolkata

Sales Manager in New Delhi

Business Development Manager in Meerut

Business Development Manager in Tirunelveli

Axis Max Life Insurance Branch Manager Salary FAQs

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Axis Max Life Insurance Branch Manager Salaries by Location