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Religare Senior Branch Manager salaries in Mumbai (Updated 2025)

Annual salary range
11 - 16 years exp.
₹9 Lakhs - ₹12 Lakhs
Salary of majority employees
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17% less than the average Senior Branch Manager Salary in Financial Services Companies for 11 - 16 years of experience

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Last Updated: 25 Jan 2025

Companies similar to Religare for Senior Branch Manager in Mumbai

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Religare Senior Branch Manager Salary

11 - 16 years exp. (5 salaries)

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₹9 L/yr - ₹12 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Senior Branch Manager Salary

11 - 19 years exp. (24 salaries)

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₹9.5 L/yr - ₹30 L/yr

arrow icon 70% more
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₹6.5 L/yr - ₹9 L/yr

arrow icon 34% less
2 job openings
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₹8.4 L/yr - ₹14 L/yr

arrow icon 9% more
2 job openings
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HDFC Life Senior Branch Manager Salary

10 - 19 years exp. (6 salaries)

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₹9 L/yr - ₹14.4 L/yr

arrow icon 5% more
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₹8 L/yr - ₹14 L/yr

arrow icon 6% more
Senior Branch Manager salary at Religare ranges between ₹9 Lakhs to ₹12 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Religare.

Latest annual salaries shared by Religare Senior Branch Manager in Mumbai

1mo ago
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16 years exp.
1y ago
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14 years exp.
1y ago
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12 years exp.
1y ago
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11 years exp.

Experience wise Religare Senior Branch Manager salaries in Mumbai

Last Updated: 25 Jan 2025

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹9 L/yr - ₹18.7 L/yr
12 years (AmbitionBox Estimate)

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₹9 L/yr - ₹19 L/yr
13 years (AmbitionBox Estimate)

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₹10 L/yr - ₹19.3 L/yr
14 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹11 L/yr
15+ years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹12 L/yr

Similar Designation salaries in Religare

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₹3.5 L/yr - ₹5.8 L/yr
Branch Manager Salary
(3 salaries)
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₹7 L/yr - ₹8.8 L/yr

Salary related reviews for Religare

Customer Success, Service & Operations Department

4.0
  •  posted on 27 Jul 2018

5.0
 for  Salary and Benefits

Likes

Month on month Salary is good. Pressurised job. Team members are very co-operative.

read more
  • Salary - Excellent
  • +3 more

Dislikes

Incentive salab is very tough. If the share market gets volatile no one's can't work peacefully. If you achieve your monthly targets, even though they were not leaving you from the third parties products. More over asusal corporate politics is there.

read more

Full Time

 · 

Risk Management & Compliance Department

3.0
  •  posted on 05 Dec 2024

2.0
 for  Salary and Benefits

Likes

I like below things 👇 1. Fix off Saturday and Sunday. 2. The work will always available. 3. Office Culture.

  • Skill development - Excellent
  • +3 more

Dislikes

...be some what ambiguous. It seems like don't want to share proper information. 2. Less salary. 3. Having laptop but not will get work from home.

read more
  • Salary - Poor

Customer Success, Service & Operations Department

5.0
  •  posted on 14 May 2022

3.0
 for  Salary and Benefits

Likes

Good work environment and culture teammates are supportive in Bangalore every year will get bonus.

  • Skill development - Excellent
  • +3 more

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow. In head office lot of parshalities for newly joined no training.

read more

Other Department

1.0
  •  posted on 12 May 2021

2.0
 for  Salary and Benefits

Likes

...most useless experience in Religare. There is no coordination between HR and TL. I was suffer atleast 3 month for my salary deduction still not received justified explaination for HR and TL.

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Dislikes

Communication Gap between HR and TL. And lack of support for employees.

  • Salary - Poor
  • +6 more

Equity Dealing Department

3.0
  •  posted on 20 Dec 2020

1.0
 for  Salary and Benefits

Likes

Religare is a good place to work without pressure,this company is employee friendly.if u are lazy and u don't want any extra earning than this good place for you.

read more
  • Work satisfaction - Excellent
  • +1 more

Dislikes

No growth ,no incentive and if you are low performer with high salary upper manager will say you for exit.systems are very slow even u will not found how much client u have.

read more
  • Salary - Bad
  • +4 more
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Religare Senior Branch Manager Salary FAQs

What is the salary of Senior Branch Manager at Religare in Mumbai?
The average salary of a Senior Branch Manager at Religare in Mumbai typically ranges from ₹9.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 11 years to 16 years).

The top 10% of Senior Branch Manager in Mumbai at Religare earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Senior Branch Manager Salaries at Religare can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Religare employees in India.
What is the estimated take home salary of a Senior Branch Manager at Religare in Mumbai?
The estimated take-home salary of a Senior Branch Manager at Religare in Mumbai typically ranges from ₹78,219 to ₹80,251 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 11 years to 16 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Religare. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Religare for Senior Branch Manager in India?
ICICI Bank ₹9.5 Lakhs to ₹30.0 Lakhs per year
Bajaj Allianz Life Insurance ₹8.4 Lakhs to ₹14.0 Lakhs per year
Future Generali India Life Insurance ₹8.0 Lakhs to ₹14.0 Lakhs per year
HDFC Life ₹9.0 Lakhs to ₹14.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Religare, depending on the role and experience level.
What is the salary of a Senior Branch Manager in companies similar to Religare in Mumbai?
The salary of a Senior Branch Manager at companies similar to Religare in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Care Health Insurance ₹6.5 Lakhs to ₹9.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Senior Branch Manager at Religare in Mumbai?
The salary growth for a Senior Branch Manager at Religare in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Branch Manager in Mumbai can expect the following growth trajectory at Religare:

Experience Average Salary Range
11 years ₹9.0 Lakhs to ₹18.7 Lakhs per year
12 years ₹9.0 Lakhs to ₹19.0 Lakhs per year
13 years ₹10.0 Lakhs to ₹19.3 Lakhs per year
14 years ₹4.4 Lakhs to ₹11.0 Lakhs per year
and so on.

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Religare Senior Branch Manager salary in Mumbai ranges between ₹9 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Religare latest salaries received from various employees of Religare.