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

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₹9 Lakhs - ₹11.5 Lakhs

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Last Updated: 17 Jan 2024

Companies similar to Max Life Insurance for Cluster Branch Manager in Mumbai

Max Life Insurance Cluster Branch Manager Salary

9 years exp. (AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Cluster Branch Manager Salary 11 - 22 years exp. (13 salaries)	₹14 L/yr - ₹31 L/yr 92% more
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Fino Payments Bank Cluster Branch Manager Salary 2 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹3.6 L/yr 68% less

Cluster Branch Manager salary at Max Life Insurance ranges between ₹9 Lakhs to ₹11.5 Lakhs per year for employees with 9 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Max Life Insurance.

Similar Designation salaries in Max Life Insurance

Area Manager Salary

(28 salaries)

₹5 L/yr - ₹13.1 L/yr

Cluster Manager Salary

(20 salaries)

₹5.06 L/yr - ₹13.86 L/yr

Chief Manager Salary

(14 salaries)

₹12.6 L/yr - ₹30 L/yr

Branch Manager Salary

(12 salaries)

₹7.3 L/yr - ₹12.5 L/yr

Regional Manager Salary

(11 salaries)

₹7.6 L/yr - ₹25 L/yr

Area Sales Manager Salary

(5 salaries)

₹4.33 L/yr - ₹8.4 L/yr

Territory Manager Salary

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₹10.35 L/yr - ₹16 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.

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

see more salary related reviews

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What people are saying about Max Life Insurance

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thickraspberry

works at

B P Oil Mills

Facing Toxic Culture and Management Issues.

I joined Axis Max Life Insurance, on 24 Dec 2024, After 11 Jan 2025 I started receiving hate and toxic culture from the female L1 Manager BRM. On Axis Max Life Insurance. Because I refused to do their personal work and work on the week off. Because I'm not the licking Employee. Now the female manager starts harassing me. The branch didn't even have the security CCTV Cameras so I don't have a Recording. But I have witnesses. She is too toxic And I feel mentally drained and harassing. What should I do because she is female I can't take unnecessary action. Please share the thoughts and advice and need help asap.

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Max Life Insurance Cluster Branch Manager Salary FAQs

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

According to AmbitionBox, 67% of the Max Life Insurance Cluster Branch Managers in Mumbai reported a notice period of 2 Months, 33% reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

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Max Life Insurance Cluster Branch Manager Salaries in Mumbai

Max Life Insurance Cluster Branch Manager salary in Mumbai ranges between ₹9 Lakhs to ₹11.5 Lakhs. This is an estimate based on latest salaries received from employees of Max Life Insurance.