Peerless Financial Products Distribution Branch Manager Salaries by 10+ Employees (Updated 2025)

8 - 18 years exp.

₹4.6 Lakhs - ₹8 Lakhs

Salary of majority employees

33% less than the average Branch Manager Salary in Insurance Companies for 8 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 12 - 18 years exp. (9 salaries)	₹4.6 L/yr - ₹8 L/yr
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Sales & Business Development Branch Manager Salary 12 - 17 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹7 L/yr

Last Updated: 24 Jul 2024

Companies similar to Peerless Financial Products Distribution for Branch Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Branch Manager Salary 9 - 20 years exp. (164 salaries)	₹5 L/yr - ₹16.2 L/yr 99% more	28 job openings
SBI Life Insurance Company Branch Manager Salary 7 - 19 years exp. (158 salaries)	₹6.5 L/yr - ₹15.7 L/yr 67% more
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Bajaj Allianz Life Insurance Branch Manager Salary 7 - 18 years exp. (124 salaries)	₹4.5 L/yr - ₹13.5 L/yr 40% more	1 job opening
Robinhood Insurance Broker Branch Manager Salary 4 - 13 years exp. (30 salaries)	₹4.2 L/yr - ₹9.3 L/yr 3% less
Health India Tpa Services Branch Manager Salary 6 - 20 years exp. (5 salaries)	₹4.4 L/yr - ₹11 L/yr 24% more
Absolute Insurance Surveyors and Loss Assessors Branch Manager Salary 4 - 9 years exp. (5 salaries)	₹5 L/yr - ₹6.5 L/yr 8% less
Easypolicy.com Branch Manager Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3.4 L/yr 54% less
Medsave Healthcare TPA Branch Manager Salary 8 - 14 years exp. (4 salaries)	₹4.5 L/yr - ₹6.1 L/yr 7% less
Spectrum Insurance Distribution Branch Manager Salary 10 - 15 years exp. (4 salaries)	₹3.5 L/yr - ₹5.3 L/yr 29% less
Raksha TPA Branch Manager Salary 11 - 14 years exp. (3 salaries)	₹14 L/yr - ₹17.1 L/yr 153% more
Vidal Health Tpa Branch Manager Salary 9 - 15 years exp. (3 salaries)	₹7.5 L/yr - ₹10 L/yr 44% more
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Branch Manager salary at Peerless Financial Products Distribution ranges between ₹4.6 Lakhs to ₹8 Lakhs per year for employees with experience between 8 years to 18 years. Salary estimates are based on 13 latest salaries received from various employees of Peerless Financial Products Distribution.

Experience wise Peerless Financial Products Distribution Branch Manager salaries

Last Updated: 24 Jul 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹11 L/yr
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
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10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
12 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7 L/yr
13 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.5 L/yr
14 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
15+ years (8 salaries)	₹4.6 L/yr - ₹8 L/yr

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Similar Designation salaries in Peerless Financial Products Distribution

Sales Manager Salary

(4 salaries)

₹2.6 L/yr - ₹3.2 L/yr

Branch Incharge Salary

(AmbitionBox Estimate)

₹5.3 L/yr - ₹6.8 L/yr

Branch Head Salary

(4 salaries)

₹2.8 L/yr - ₹7.75 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 L/yr

Senior Branch Manager Salary

(4 salaries)

₹5.95 L/yr - ₹7 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹6.9 L/yr - ₹8.9 L/yr

Assistant Branch Manager Salary

(5 salaries)

₹3.75 L/yr - ₹4.17 L/yr

Area Head Salary

(AmbitionBox Estimate)

₹8.3 L/yr - ₹10.6 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

Senior Relationship Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Peerless Financial Products Distribution

3.4

Rated by 5 employees for salary & benefits

Customer Relationship Officer in Balurghat

Full Time

Other Department

2.0

• posted on 03 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

The management does not provide the holiday as per company rules. The company providing commission & extra benefit only for manager's. CRO is a part of casual labour, they are only a joker in the organization.

Salary - Poor

+5 more

Senior Branch Manager in Kollam

BFSI, Investments & Trading Department

5.0

• posted on 24 Jun 2020

4.0

for Salary and Benefits

Likes

In this lockdown time company take a quick change from offline to online and lauch more customer friendly products in life insurance and health insurance. This will very much helping to work in this period and coming days. This will also help to our teammates.

Salary - Good

+6 more

Dislikes

Nothing

Customer Relationship Officer, Sr. Executive in Agartala

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 Jul 2019

3.0

for Salary and Benefits

Likes

Good experience in last 4 and half years. People are so careing. But job profile change day by day due need of organization. Some time it's can be effect in works load for extra work.

Skill development - Good

+1 more

Dislikes

Major problem not issues, but sometimes when change responsibilities it can't be exceptable for me. Because my job profile is operational but need of urgency organization pressure to sales.

Customer Relation Officer in Vijayawada

Customer Success, Service & Operations Department

3.0

• posted on 05 Mar 2019

3.0

for Salary and Benefits

Likes

Cool job.

Work satisfaction - Good

+2 more

Dislikes

Customers believe the peer less closed some co companies closed but PFPDL working.Many agents there but limited agents give the policies.Peer less isn't principal company only national taiup of principal companies.

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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Peerless Financial Products Distribution Branch Manager Salary FAQs

What is the salary of Branch Manager at Peerless Financial Products Distribution?

Branch Manager salary at Peerless Financial Products Distribution in India ranges between ₹4.6 Lakhs to ₹8.0 Lakhs for experience between 8 years to 18 years. According to our estimates it is 33% less than the average Branch Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Peerless Financial Products Distribution India.

How does the salary of a Branch Manager at Peerless Financial Products Distribution India compare with the average salary range for this job?

The average salary of a Branch Manager at Peerless Financial Products Distribution is 33% less 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 Peerless Financial Products Distribution to a Branch Manager in India?

Raksha TPA Branch Manager Salary - ₹14.0 Lakhs to ₹17.1 Lakhs per year
Tata AIA Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹16.2 Lakhs per year
SBI Life Insurance Company Branch Manager Salary - ₹6.5 Lakhs to ₹15.7 Lakhs per year
Vidal Health Tpa Branch Manager Salary - ₹7.5 Lakhs to ₹10.0 Lakhs per year
Bajaj Allianz Life Insurance Branch Manager Salary - ₹4.5 Lakhs to ₹13.5 Lakhs per year

What is the salary of a Branch Manager in companies similar to Peerless Financial Products Distribution in India?

Health India Tpa Services Branch Manager Salary - ₹4.4 Lakhs to ₹11.0 Lakhs per year
Robinhood Insurance Broker Branch Manager Salary - ₹4.2 Lakhs to ₹9.3 Lakhs per year
Medsave Healthcare TPA Branch Manager Salary - ₹4.5 Lakhs to ₹6.1 Lakhs per year
Absolute Insurance Surveyors and Loss Assessors Branch Manager Salary - ₹5.0 Lakhs to ₹6.5 Lakhs per year
Spectrum Insurance Distribution Branch Manager Salary - ₹3.5 Lakhs to ₹5.3 Lakhs per year

What is the estimated take home salary of a Branch Manager at Peerless Financial Products Distribution in India?

The estimated take-home salary of a Branch Manager at Peerless Financial Products Distribution ranges between ₹46,163 per month to ₹47,258 per month in India. The take-home salary calculation is based on the average Peerless Financial Products Distribution Branch Manager salary in India which ranges between ₹4.6 Lakhs to ₹8.0 Lakhs per year for employees with experience between 8 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at Peerless Financial Products Distribution?

According to AmbitionBox, 50% of the Peerless Financial Products Distribution Branch Managers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 8 responses on AmbitionBox in last 2 years.

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Peerless Financial Products Distribution Branch Manager Salaries

Peerless Financial Products Distribution Branch Manager salary in India ranges between ₹4.6 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Peerless Financial Products Distribution latest salaries received from various employees of Peerless Financial Products Distribution.