National Insurance Company Branch Manager Salaries by 6 Employees (Updated 2025)

8 - 9 years exp.

₹11 Lakhs - ₹15.1 Lakhs

Low Confidence

Salary of majority employees

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29% more than the average Branch Manager Salary in Insurance Companies for 8 - 9 years of experience

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Salaries in different departments

Marketing & Communication Branch Manager Salary 8 - 9 years exp. (3 salaries)	Unlock ₹11 L/yr - ₹15 L/yr
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BFSI, Investments & Trading Branch Manager Salary 8 years exp. (AmbitionBox Estimate)	Unlock ₹7.5 L/yr - ₹11 L/yr

Last Updated: 13 Feb 2024

Companies similar to National Insurance Company for Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Branch Manager Salary 5 - 17 years exp. (214 salaries)	Unlock ₹4.5 L/yr - ₹13 L/yr 24% less	3 job openings
HDFC Ergo General Insurance Branch Manager Salary 9 - 18 years exp. (194 salaries)	Unlock ₹4.7 L/yr - ₹14.5 L/yr 23% less
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Bajaj Allianz General Insurance Branch Manager Salary 5 - 13 years exp. (14 salaries)	Unlock ₹4.3 L/yr - ₹12.5 L/yr 36% less	6 job openings
Reliance General Insurance Branch Manager Salary 8 - 19 years exp. (63 salaries)	Unlock ₹5.2 L/yr - ₹16 L/yr 15% less
Tata AIG Branch Manager Salary 7 - 16 years exp. (67 salaries)	Unlock ₹5.9 L/yr - ₹12 L/yr 26% less	1 job opening
SBI General Insurance Branch Manager Salary 7 - 12 years exp. (7 salaries)	Unlock ₹6.5 L/yr - ₹10.5 L/yr 33% less
United India Insurance Company Branch Manager Salary 4 - 10 years exp. (7 salaries)	Unlock ₹9 L/yr - ₹20 L/yr 33% more
The Oriental Insurance Co. Branch Manager Salary 9 - 30 years exp. (4 salaries)	Unlock ₹11.2 L/yr - ₹12.9 L/yr 9% more
The New India Assurance Co. Branch Manager Salary 5 - 10 years exp. (10 salaries)	Unlock ₹10 L/yr - ₹18.5 L/yr 34% more
ICICI Prudential Life Insurance Branch Manager Salary 3 - 18 years exp. (315 salaries)	Unlock ₹6.3 L/yr - ₹18.8 L/yr 3% more
HDFC Life Branch Manager Salary 6 - 18 years exp. (262 salaries)	Unlock ₹5.3 L/yr - ₹12.5 L/yr 20% less
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Cholamandalam MS General Insurance Branch Manager Salary 3 - 10 years exp. (205 salaries)	Unlock ₹2.9 L/yr - ₹8.8 L/yr 55% less
Kotak Mahindara Life Insurance Branch Manager Salary 3 - 18 years exp. (201 salaries)	Unlock ₹4.5 L/yr - ₹13.5 L/yr 23% less	1 job opening
Reliance Nippon Life Insurance Branch Manager Salary 7 - 20 years exp. (207 salaries)	Unlock ₹3.8 L/yr - ₹11.5 L/yr 36% less
SBI Life Insurance Company Branch Manager Salary 7 - 24 years exp. (169 salaries)	Unlock ₹6.5 L/yr - ₹15.7 L/yr 9% less
Aditya Birla Health Insurance Co Branch Manager Salary 5 - 16 years exp. (160 salaries)	Unlock ₹6.5 L/yr - ₹12 L/yr 24% less
Tata AIA Life Insurance Branch Manager Salary 9 - 19 years exp. (156 salaries)	Unlock ₹5 L/yr - ₹17.7 L/yr 3% more	18 job openings
Bajaj Allianz Life Insurance Branch Manager Salary 7 - 20 years exp. (134 salaries)	Unlock ₹4.5 L/yr - ₹12.9 L/yr 29% less
Axis Max Life Insurance Branch Manager Salary 8 - 19 years exp. (139 salaries)	Unlock ₹7 L/yr - ₹14 L/yr 10% less	2 job openings
Future Generali India Life Insurance Branch Manager Salary 7 - 19 years exp. (114 salaries)	Unlock ₹5 L/yr - ₹16.3 L/yr 17% less	1 job opening

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Branch Manager salary at National Insurance Company ranges between ₹11 Lakhs to ₹15.1 Lakhs per year for employees with experience between 8 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of National Insurance Company.

Experience wise National Insurance Company Branch Manager salaries

Last Updated: 13 Feb 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	Unlock ₹11 L/yr - ₹21.9 L/yr
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9 years (4 salaries)	Unlock ₹11 L/yr - ₹15.1 L/yr

Similar Designation salaries in National Insurance Company

Branch Head Salary

(AmbitionBox Estimate)

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₹18 L/yr - ₹23 L/yr

Deputy Manager Salary

(12 salaries)

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₹17 L/yr - ₹25 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.3 L/yr

Senior Branch Manager Salary

(7 salaries)

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₹15.3 L/yr - ₹24 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.2 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr

Sales Officer Salary

(3 salaries)

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₹1.6 L/yr - ₹3 L/yr

Accountant Salary

(4 salaries)

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₹2.4 L/yr - ₹9 L/yr

Sales Executive Salary

(3 salaries)

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₹1 L/yr - ₹2.04 L/yr

Salary related reviews for National Insurance Company

5.0

Rated by 2 employees for salary & benefits

Assistant in GHATSILA

BFSI, Investments & Trading Department

3.0

• posted on 28 May 2022

3.0

for Salary and Benefits

Likes

Being a PSU company job is some what secure till the time it does not get shut down by the government. Poor management, Company Policies are confusing, work culture is pathetic as it happens in the Government companies. Being a service provider company, service comes last in the priority list.

Promotions - Good

Dislikes

bureaucracy, dirty politics, stringent work - life balance, salary is ok-ok, work environment demoralizing, good opportunities for carrier growth, for job security the phrase is said as that the PSU Companies are born to die, so it depends on the policies of the government. poor training management. sync/competitiveness/proficiency/efficiency is missing in teammates which desires a lot. innovation is ok-ok.

Skill development - Bad

+3 more

Insurance Service Representative in Kerala

Administration & Facilities Department

5.0

• posted on 21 Jun 2022

5.0

for Salary and Benefits

Likes

Excellent work environment and excellent culture.Teammates are very supportive and management is very transparent.Company policies are provided to flexible customers.office staffs are very co-operative.

Salary - Excellent

+6 more

Dislikes

Salary is decent but career growth is very slow.There is a lot of politics,and the management doesn't address our issues.on the job training is not given to freshers..

Manager

Production, Manufacturing & Engineering Department

4.0

• posted on 02 Mar 2018

5.0

for Salary and Benefits

Likes

... During that period I got 4 promotions and 3 transfers. I enjoyed various work. There is lots of scope for training, experience growth, salary + benifits. Transfers gave me chance to meet different people and different place. Work environment, innovation and career, depends on individual attitudes

Salary - Excellent

+6 more

Dislikes

Newly introduced online core Insurance(EASI) is not employees/customers friendly. Centralised system & so many stepping of authority.

Site Manager in Al Jubail

POWER DIVISION Department

4.0

• posted on 08 Aug 2017

4.0

for Salary and Benefits

Likes

I LIKE WORK IN POWER PROJECTS LIKE HIGH VOLTAGE GIS SUBSTATIONS.AL ARRAB IS A SAUDI BASED COMPANY WORKING FOR THE CONSTRUCTION OF GIS SUB-STATION AND MEP PROJECTS.

Salary - Good

+4 more

Dislikes

I DON'T LIKE IF THERE IS NO INCREMENT IN SALARY AFTER WORKING LONG TIME IN COMPANY.SHOULD MUST BE INCREMENT PER YEAR AS PER PERFORMANCE.

Administration Officer in Retired Now

Other Department

4.0

• posted on 16 Feb 2021

4.0

for Salary and Benefits

Likes

A prestigious company. Work culture good for both clients & staff, good salary and job satisfaction, good growth in friendly atmosphere, five days a week. Good for job seekers (if Govt. keeps it alive).

Salary - Good

+6 more

Dislikes

Nothing...

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an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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National Insurance Company Branch Manager Salary FAQs

What is the salary of Branch Manager at National Insurance Company?

Branch Manager salary at National Insurance Company in India ranges between ₹11.0 Lakhs to ₹15.1 Lakhs for experience between 8 years to 9 years. According to our estimates it is 29% more than the average Branch Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of National Insurance Company India.

How does the salary of a Branch Manager at National Insurance Company India compare with the average salary range for this job?

The average salary of a Branch Manager at National Insurance Company is 29% more than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than National Insurance Company to a Branch Manager in India?

The New India Assurance Co. Branch Manager Salary - ₹10.0 Lakhs to ₹18.5 Lakhs per year
United India Insurance Company Branch Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
The Oriental Insurance Co. Branch Manager Salary - ₹11.2 Lakhs to ₹12.9 Lakhs per year
ICICI Prudential Life Insurance Branch Manager Salary - ₹6.3 Lakhs to ₹18.8 Lakhs per year
Tata AIA Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹17.7 Lakhs per year

What is the salary of a Branch Manager in companies similar to National Insurance Company in India?

SBI Life Insurance Company Branch Manager Salary - ₹6.5 Lakhs to ₹15.7 Lakhs per year
Axis Max Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
Canara HSBC Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹12.5 Lakhs per year
Reliance General Insurance Branch Manager Salary - ₹5.2 Lakhs to ₹16.0 Lakhs per year
Future Generali India Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹16.3 Lakhs per year

What is the estimated take home salary of a Branch Manager at National Insurance Company in India?

The estimated take-home salary of a Branch Manager at National Insurance Company ranges between ₹83,788 per month to ₹85,977 per month in India. The take-home salary calculation is based on the average National Insurance Company Branch Manager salary in India which ranges between ₹11.0 Lakhs to ₹15.1 Lakhs per year for employees with experience between 8 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at National Insurance Company?

According to AmbitionBox, 50% of the National Insurance Company Branch Managers reported a notice period of 15 days or less, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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National Insurance Company Branch Manager Salaries

National Insurance Company Branch Manager salary in India ranges between ₹11 Lakhs to ₹15.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 National Insurance Company latest salaries received from various employees of National Insurance Company.