Max Life Insurance Cluster Branch Manager Salaries by 5 Employees (Updated 2025)

5 - 9 years exp.

₹7.2 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

42% less than the average Cluster Branch Manager Salary in Insurance Companies for 5 - 9 years of experience

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Last Updated: 29 Nov 2024

Companies similar to Axis Max Life Insurance for Cluster Branch Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Cluster Branch Manager Salary 5 - 11 years exp. (4 salaries)	₹6.7 L/yr - ₹10 L/yr 1% more
Bajaj Allianz Life Insurance Cluster Branch Manager Salary 17 - 20 years exp. (4 salaries)	₹7 L/yr - ₹14.5 L/yr 24% more
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ICICI Lombard General Insurance Company Cluster Branch Manager Salary 11 - 18 years exp. (20 salaries)	₹8 L/yr - ₹18.5 L/yr 66% more
IndusInd Bank Cluster Branch Manager Salary 12 - 20 years exp. (40 salaries)	₹11 L/yr - ₹26.5 L/yr 125% more
Jana Small Finance Bank Cluster Branch Manager Salary 14 - 22 years exp. (32 salaries)	₹11.2 L/yr - ₹24.5 L/yr 150% more

Cluster Branch Manager salary at Axis Max Life Insurance ranges between ₹7.2 Lakhs to ₹10 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Cluster Branch Manager salaries

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹7.2 L/yr
6 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹7.2 L/yr
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7 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹14.3 L/yr
8 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹15.9 L/yr
9 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹10 L/yr

Similar Designation salaries in Axis Max Life Insurance

Senior Branch Manager Salary

(10 salaries)

₹9 L/yr - ₹13.6 L/yr

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(5 salaries)

₹1 L/yr - ₹10 L/yr

Cluster Manager Salary

(182 salaries)

₹4.75 L/yr - ₹14 L/yr

Assistant Branch Manager Salary

(12 salaries)

₹5 L/yr - ₹8 L/yr

Branch Manager Salary

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Area Sales Manager Salary

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₹7.6 L/yr - ₹25 L/yr

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₹4.2 L/yr - ₹13.81 L/yr

Chief Manager Salary

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₹11.87 L/yr - ₹42 L/yr

Territory Manager Salary

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₹7.5 L/yr - ₹19 L/yr

Salary related reviews for Axis Max Life Insurance

5.0

Rated by 1 employees for salary & benefits

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

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

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What people are saying about Axis Max Life Insurance

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wiserhino

works at

Max Life Insurance

Looking for career Growth I have 6+ years of experience in Hr operations & Recruitment currently withdrawing 4.9LPA Kindly suggest some tips for salary and career growth

Kindly give me some tips for salary growth

Salary growth

Career growth

2 participants . expiring in 3d

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Axis Max Life Insurance Cluster Branch Manager Salary FAQs

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

Cluster Branch Manager salary at Max Life Insurance in India ranges between ₹7.2 Lakhs to ₹10.0 Lakhs for experience between 5 years to 9 years. According to our estimates it is 42% less than the average Cluster Branch Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Max Life Insurance India.

How does the salary of a Cluster Branch Manager at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Cluster Branch Manager at Max Life Insurance is 42% less than the average salary of a Cluster Branch Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Max Life Insurance to a Cluster Branch Manager in India?

Jana Small Finance Bank Cluster Branch Manager Salary - ₹11.2 Lakhs to ₹24.5 Lakhs per year
IndusInd Bank Cluster Branch Manager Salary - ₹11.0 Lakhs to ₹26.5 Lakhs per year
ICICI Lombard General Insurance Company Cluster Branch Manager Salary - ₹8.0 Lakhs to ₹18.5 Lakhs per year
Bajaj Allianz Life Insurance Cluster Branch Manager Salary - ₹7.0 Lakhs to ₹14.5 Lakhs per year
HDFC Life Cluster Branch Manager Salary - ₹6.7 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Cluster Branch Manager at Max Life Insurance ranges between ₹60,202 per month to ₹61,724 per month in India. The take-home salary calculation is based on the average Max Life Insurance Cluster Branch Manager salary in India which ranges between ₹7.2 Lakhs to ₹10.0 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 33% of the Max Life Insurance Cluster Branch Managers reported a notice period of 2 Months, 34% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Max Life Insurance Cluster Branch Manager Salaries

Axis Max Life Insurance Cluster Branch Manager salary in India ranges between ₹7.2 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Cluster Branch Manager salaries in India

Companies similar to Axis Max Life Insurance for Cluster Branch Manager

Latest annual salaries shared by Axis Max Life Insurance Cluster Branch Manager

Experience wise Max Life Insurance Cluster Branch Manager salaries

Similar Designation salaries in Axis Max Life Insurance

Salary related reviews for Axis Max Life Insurance

Deputy Manager in Kolkata

Sales Manager in New Delhi

Business Development Manager in Meerut

Business Development Manager in Tirunelveli

Branch Manager

Axis Max Life Insurance Cluster Branch Manager Salary FAQs

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