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Annual salary range
5 - 9 years exp.
₹7.2
Lakhs - ₹10
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 salary42% less than the average Cluster Branch Manager Salary in Insurance Companies for 5 - 9 years of experience
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Companies similar to 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 | |
Login to view exact salary
| ||
 ICICI Lombard General Insurance Company Cluster Branch Manager Salary
11 - 18 years exp. (20 salaries) | ₹8 L/yr - ₹18.5 L/yr
66%
more | |
 Care Health Insurance Cluster Branch Manager Salary
5 - 8 years exp. (4 salaries) | ₹5 L/yr - ₹5.6 L/yr 
36%
less | |
 IndusInd Bank Cluster Branch Manager Salary
12 - 20 years exp. (42 salaries) | ₹11 L/yr - ₹26.5 L/yr
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Cluster Branch Manager salary at 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 Max Life Insurance.
Latest annual salaries shared by Max Life Insurance Cluster Branch Manager
1mo ago
8
years
exp.
11mo ago
9
years
exp.
1y ago
7
years
exp.
1y ago
6
years
exp.
1y ago
5
years
exp.
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
|
Login to view exact salary
| |
| 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
|
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a social media specialist
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 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?
- 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 salary of a Cluster Branch Manager in companies similar to Max Life Insurance in India?
- Care Health Insurance Cluster Branch Manager Salary - ₹5.0 Lakhs to ₹5.6 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 salary
in
India
ranges between ₹7.2
Lakhs to ₹10
Lakhs with an average annual salary of
₹. Salary estimates are based on
5
Max Life Insurance latest salaries received from various employees of
Max Life Insurance.