SBI General Insurance Branch Head Salaries by 4 Employees

10 - 19 years exp.

₹10.2 Lakhs - ₹22.5 Lakhs

Low Confidence

Salary of majority employees

48% more than the average Branch Head Salary in Insurance Companies for 10 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Head Salary 12 - 19 years exp. (AmbitionBox Estimate)	₹11.3 L/yr - ₹22.5 L/yr
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Sales & Business Development Branch Head Salary 10 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹18.7 L/yr

Last Updated: 29 May 2023

Companies similar to SBI General Insurance for Branch Head

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Head Salary 5 - 18 years exp. (166 salaries)	₹5.5 L/yr - ₹12 L/yr 42% less
Aditya Birla Sun Life Insurance Branch Head Salary 8 - 18 years exp. (48 salaries)	₹8 L/yr - ₹17 L/yr 20% less
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ICICI Prudential Life Insurance Branch Head Salary 9 - 18 years exp. (37 salaries)	₹5.6 L/yr - ₹15.5 L/yr 30% less
Tata AIA Life Insurance Branch Head Salary 9 - 23 years exp. (32 salaries)	₹8.3 L/yr - ₹15.5 L/yr 24% less
Bajaj Allianz Life Insurance Branch Head Salary 8 - 17 years exp. (32 salaries)	₹6 L/yr - ₹13 L/yr 44% less	1 job opening
Reliance Nippon Life Insurance Branch Head Salary 8 - 16 years exp. (30 salaries)	₹6 L/yr - ₹12 L/yr 46% less
SBI Life Insurance Company Branch Head Salary 10 - 20 years exp. (26 salaries)	₹6 L/yr - ₹15 L/yr 36% less
Aviva Life Insurance India Branch Head Salary 5 - 20 years exp. (24 salaries)	₹8.3 L/yr - ₹17.6 L/yr 21% less
Aditya Birla Health Insurance Co Branch Head Salary 7 - 16 years exp. (23 salaries)	₹6.7 L/yr - ₹13 L/yr 44% less
Axis Max Life Insurance Branch Head Salary 11 - 20 years exp. (21 salaries)	₹9 L/yr - ₹17 L/yr 21% less
Magma HDI General Insurance Branch Head Salary 4 - 17 years exp. (21 salaries)	₹8 L/yr - ₹11 L/yr 37% less
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Shriram Life Insurance Branch Head Salary 7 - 13 years exp. (17 salaries)	₹4.5 L/yr - ₹7.7 L/yr 63% less
Star Health & Allied Insurance Branch Head Salary 9 - 17 years exp. (15 salaries)	₹6.5 L/yr - ₹11.2 L/yr 52% less
Royal Sundaram General Insurance Branch Head Salary 9 - 16 years exp. (10 salaries)	₹7 L/yr - ₹12 L/yr 35% less
Kotak Mahindara Life Insurance Branch Head Salary 6 - 22 years exp. (10 salaries)	₹8.5 L/yr - ₹14 L/yr 34% less
Star Union Dai-ichi Life Insurance Branch Head Salary 13 - 17 years exp. (4 salaries)	₹8 L/yr - ₹9.5 L/yr 45% less
PNB MetLife Branch Head Salary 17 - 21 years exp. (4 salaries)	₹9.5 L/yr - ₹12.5 L/yr 31% less
ManipalCigna Health Insurance Branch Head Salary 9 - 18 years exp. (4 salaries)	₹5.3 L/yr - ₹7.4 L/yr 58% less

Branch Head salary at SBI General Insurance ranges between ₹10.2 Lakhs to ₹22.5 Lakhs per year for employees with experience between 10 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Branch Head salaries

Last Updated: 29 May 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹17 L/yr
11 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
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12 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹23.1 L/yr
13 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
14 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.7 L/yr
15+ years (AmbitionBox Estimate)	₹7.7 L/yr - ₹22.5 L/yr

View all

Similar Designation salaries in SBI General Insurance

Area Head Salary

(AmbitionBox Estimate)

₹15.2 L/yr - ₹19.4 L/yr

Branch Manager Salary

(7 salaries)

₹6.5 L/yr - ₹10.5 L/yr

Branch Incharge Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Cluster Head Salary

(7 salaries)

₹8.65 L/yr - ₹20 L/yr

Accountant Salary

(3 salaries)

₹3.2 L/yr - ₹3.84 L/yr

Area Manager Salary

(6 salaries)

₹8.98 L/yr - ₹15.2 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

₹11.9 L/yr - ₹15.2 L/yr

Sales Manager Salary

(19 salaries)

₹2 L/yr - ₹6.22 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Sales Officer Salary

(5 salaries)

₹2 L/yr - ₹5 L/yr

Salary related reviews for SBI General Insurance

2.0

Rated by 2 employees for salary & benefits

Chief Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 07 Jun 2024

1.0

for Salary and Benefits

Likes

You will get your salary on time. Apart from this nothing is good about this company.

Dislikes

Nothing is good about this company. Company doesnt give work from home, but those people who are close to the higher management get plenty of work from home. If you are hard working, no one cares, if you are smart worker, no one cares. But if you know someone very important in the organisation then you are important. Favouritism and fawning are the only 2 qualities which will take you to heights. There is no transparency in the team, boss will discuss important matter with only those people who are close to him. Different department people will be made your boss who will himself not know the work. If you complain to the HR then HR will complain about you to your boss and your boss will make your life miserable. If your boss doesnt like you, he will not give you work and will purposely put u in pip. Competent people have left the organization and those who are here since the past 10 years are so lethargic and useless that you with be able to work with them. The HR does nothing to remove this toxicity and HR is also lethargic. A simple offer letter HR will release after 20 days. If you ask to change ur phone number in company portal HR will take minimum 6 months. My suggestion is, even if you are unemployed please dont join SBI General.

Salary - Bad

+6 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.

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 .

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.

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.

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.

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

Salary - Good

+6 more

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What people are saying about SBI General Insurance

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miraculouslemon

works at

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 Head Salary FAQs

What is the salary of Branch Head at SBI General Insurance ?

The average salary of a Branch Head at SBI General Insurance in India typically ranges from ₹10.2 Lakhs to ₹22.5 Lakhs per year, depending on experience (from 10 years to 19 years).

The top 10% of Branch Head at SBI General Insurance earn more than ₹22.5 Lakhs per year, and the top 1% earn over ₹22.5 Lakhs per year. Branch Head 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 4 SBI General Insurance employees in India.

What is the estimated take home salary of a Branch Head at SBI General Insurance in India?

The estimated take-home salary of a Branch Head at SBI General Insurance in India typically ranges from ₹1,09,756 to ₹1,12,792 per month. This is based on the average salary range of ₹10.2 Lakhs to ₹22.5 Lakhs per year for employees with experience ranging from 10 years to 19 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 4 salaries received from various employees of SBI General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Branch Head in companies similar to SBI General Insurance in India?

The salary of a Branch Head at companies similar to SBI General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Sun Life Insurance	₹8.0 Lakhs to ₹17.0 Lakhs per year
Axis Max Life Insurance	₹9.0 Lakhs to ₹17.0 Lakhs per year
Aviva Life Insurance India	₹8.3 Lakhs to ₹17.6 Lakhs per year
Tata AIA Life Insurance	₹8.3 Lakhs to ₹15.5 Lakhs per year
ICICI Prudential Life Insurance	₹5.6 Lakhs to ₹15.5 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 Branch Head at SBI General Insurance in India?

The salary growth for a Branch Head at SBI General Insurance depends on factors such as experience, performance, and promotions. On average, a Branch Head can expect the following growth trajectory at SBI General Insurance:

Experience	Average Salary Range
10 years	₹5.0 Lakhs to ₹17.0 Lakhs per year
11 years	₹10.4 Lakhs to ₹13.3 Lakhs per year
12 years	₹11.3 Lakhs to ₹23.1 Lakhs per year
13 years	₹12.7 Lakhs to ₹16.2 Lakhs per year

and so on.

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SBI General Insurance Branch Head Salaries by Location

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SBI General Insurance Branch Head Salaries

SBI General Insurance Branch Head salary in India ranges between ₹10.2 Lakhs to ₹22.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI General Insurance latest salaries received from various employees of SBI General Insurance.

SBI General Insurance Branch Head salaries in India

Companies similar to SBI General Insurance for Branch Head

Latest annual salaries shared by SBI General Insurance Branch Head

Experience wise SBI General Insurance Branch Head salaries

Similar Designation salaries in SBI General Insurance

Salary related reviews for SBI General Insurance

Chief Manager in Bangalore / Bengaluru

Business Development Manager in Gorakhpur

Business Development Manager in Gorakhpur

Sales Manager in Gwalior

Business Development Manager in Vijayawada

SBI General Insurance Branch Head Salary FAQs

Tell us how to improve this page.

SBI General Insurance Branch Head Salaries by Location