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3.7

based on 1.7k Reviews

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SBI General Insurance Branch Channel Manager salaries in India

Annual salary range
5 - 15 years exp.
₹3.6 Lakhs - ₹11.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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28% less than the average Branch Channel Manager Salary in Insurance Companies for 5 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Channel Manager Salary
5 - 15 years exp. (7 salaries)
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₹3.7 L/yr - ₹11.8 L/yr

Marketing & Communication
Branch Channel Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹9.7 L/yr

Last Updated: 15 Mar 2023

Companies similar to SBI General Insurance for Branch Channel Manager

Company name Avg Annual Salary Open Jobs
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Samsung Branch Channel Manager Salary

14 - 16 years exp. (5 salaries)
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₹27.5 L/yr - ₹35.2 L/yr

arrow icon 260% more
Branch Channel Manager salary at SBI General Insurance ranges between ₹3.6 Lakhs to ₹11.8 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 10 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Branch Channel Manager

1y ago
₹4.4 Lakhs
6 years exp.
1y ago
₹11.5 Lakhs
14 years exp.
1y ago
₹10.6 Lakhs
15 years exp.
1y ago
₹11.8 Lakhs
15 years exp.
1y ago
₹10.6 Lakhs
14 years exp.
1y ago
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10 years exp.
1y ago
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10 years exp.
1y ago
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5 years exp.
1y ago
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9 years exp.
1y ago
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13 years exp.

Experience wise SBI General Insurance Branch Channel Manager salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹12.6 L/yr
6 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹13 L/yr
7 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.6 L/yr
8 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.8 L/yr
9 years (AmbitionBox Estimate)

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₹6 L/yr - ₹14.3 L/yr
View all

Similar Designation salaries in SBI General Insurance

Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Branch Manager Salary
(7 salaries)
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₹6.5 L/yr - ₹10.5 L/yr
Area Sales Manager Salary
(90 salaries)
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₹7.5 L/yr - ₹22 L/yr
Senior Branch Manager Salary
(AmbitionBox Estimate)
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₹6.1 L/yr - ₹7.8 L/yr
Senior Sales Manager Salary
(14 salaries)
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₹4.4 L/yr - ₹6.15 L/yr
Area Manager Salary
(6 salaries)
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₹8.98 L/yr - ₹15.2 L/yr
Cluster Manager Salary
(37 salaries)
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₹7 L/yr - ₹15.25 L/yr
Business Manager Salary
(5 salaries)
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₹4 L/yr - ₹15.1 L/yr
Sales Manager Salary
(21 salaries)
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₹1.7 L/yr - ₹6.22 L/yr
Assistant Sales Manager Salary
(7 salaries)
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₹4.5 L/yr - ₹7.85 L/yr

Salary related reviews for SBI General Insurance

2.8

Rated by 4 employees for salary & benefits

State Head in Hyderabad / Secunderabad (working remotely)

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 23 Jan 2025
2.0
 for  Salary and Benefits

Likes

All other channels other than Sbi relationship will enjoy work without pressure… they bring non profit no’s also ok for organisation

read more
  • Job security - Good

Dislikes

Only sbi channel makes profits for organisation and get variable pay but this team will get only pressure and no motivation or opportunities in promotions

read more
  • Salary - Poor
    • +3 more

Business Development Manager in Gorakhpur

Full Time

 · 

Business Development Department

2.0
  •  posted on 17 Sep 2022
2.0
 for  Salary and Benefits

Likes

Like you can say... Working with branch managers , can see yourself always professional . People will treat you like banker.

read more
  • Job security - Good

Dislikes

No growth and promotion No good salary Not ethical practices followed. Your boss treat you like slave... Officially as per HR policy every Saturday is off... But you have to work on each Saturday as per your boss. Nothing to learn .

read more
  • Salary - Poor
    • +4 more

Business Development Manager in Gorakhpur

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 29 Apr 2023
3.0
 for  Salary and Benefits

Likes

Salary on time. Banca channel target goes on auto mode if you have good relationship with managers.

read more
  • Job security - Good
    • +1 more

Dislikes

Overloaded targets, terrible managers. Considering Insurance sectors, plenty of works in your working time.Unwanted VCs by senior that can disturb your work flow each day. Salary is very less compared to other companies.

read more
  • Skill development - Bad
    • +2 more

Sales Manager in Gwalior

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Jul 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.

read more
  • Salary - Excellent
    • +6 more

Business Development Manager in Vijayawada

Full Time

 · 

Insurance Department

5.0
  •  posted on 07 Jun 2021
4.0
 for  Salary and Benefits

Likes

...agement 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 , incentives and bonus every year

read more
  • Salary - Good
    • +6 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about SBI General Insurance

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miraculouslemon
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SBI General Insurance
Rejection profile by HR At shortlisted company.
Hii, I want to change the industry from BFSI to oil and and automobile. But Hr is not shortlisting me and if HR shortlist me than o don’t get shortlisted by concerned manager. even I have knowledge and work experience in particular industry. How can I crack this now.
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SBI General Insurance Branch Channel Manager Salary FAQs

What is the salary of Branch Channel Manager at SBI General Insurance ?
The average salary of a Branch Channel Manager at SBI General Insurance in India typically ranges from ₹3.6 Lakhs to ₹11.8 Lakhs per year, depending on experience (from 5 years to 15 years).

The top 10% of Branch Channel Manager at SBI General Insurance earn more than ₹11.7 Lakhs per year, and the top 1% earn over ₹11.8 Lakhs per year. Branch Channel Manager Salaries at SBI General Insurance 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 10 SBI General Insurance employees in India.
What is the estimated take home salary of a Branch Channel Manager at SBI General Insurance in India?
The estimated take-home salary of a Branch Channel Manager at SBI General Insurance in India typically ranges from ₹61,725 to ₹63,290 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹11.8 Lakhs per year for employees with experience ranging from 5 years to 15 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 10 salaries received from various employees of SBI General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SBI General Insurance for Branch Channel Manager in India?
Samsung ₹27.5 Lakhs to ₹35.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI General Insurance, depending on the role and experience level.
How the salary growth look like for a Branch Channel Manager at SBI General Insurance in India?
The salary growth for a Branch Channel Manager at SBI General Insurance depends on factors such as experience, performance, and promotions. On average, a Branch Channel Manager can expect the following growth trajectory at SBI General Insurance:

Experience Average Salary Range
5 years ₹2.9 Lakhs to ₹12.6 Lakhs per year
6 years ₹4.3 Lakhs to ₹13.0 Lakhs per year
7 years ₹6.7 Lakhs to ₹8.6 Lakhs per year
8 years ₹6.9 Lakhs to ₹8.8 Lakhs per year
and so on.

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SBI General Insurance Branch Channel Manager Salaries by Location

SBI General Insurance Branch Channel Manager salary in India ranges between ₹3.6 Lakhs to ₹11.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 SBI General Insurance latest salaries received from various employees of SBI General Insurance.