SBI General Insurance Branch Relationship Manager Salaries by 5 Employees

3 - 6 years exp.

₹2 Lakhs - ₹3.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

44% less than the average Branch Relationship Manager Salary in Insurance Companies for 3 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Relationship Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr
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Marketing & Communication Branch Relationship Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 14 Oct 2024

Companies similar to SBI General Insurance for Branch Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Branch Relationship Manager Salary 7 - 15 years exp. (51 salaries)	₹6 L/yr - ₹12.5 L/yr 242% more	2 job openings
ICICI Prudential Life Insurance Branch Relationship Manager Salary 0 - 6 years exp. (37 salaries)	₹2.3 L/yr - ₹6 L/yr 20% more
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Reliance Nippon Life Insurance Branch Relationship Manager Salary 4 - 9 years exp. (21 salaries)	₹3.9 L/yr - ₹5 L/yr 49% more
Aditya Birla Sun Life Insurance Branch Relationship Manager Salary 0 - 5 years exp. (10 salaries)	₹2.5 L/yr - ₹3.5 L/yr 11% more
ManipalCigna Health Insurance Branch Relationship Manager Salary 3 - 7 years exp. (5 salaries)	₹2.8 L/yr - ₹3.5 L/yr 3% more
Star Union Dai-ichi Life Insurance Branch Relationship Manager Salary 1 - 10 years exp. (4 salaries)	₹1.2 L/yr - ₹3.8 L/yr At par
SBI Life Insurance Company Branch Relationship Manager Salary 3 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹5 L/yr 51% more
Kotak Mahindara Life Insurance Branch Relationship Manager Salary 1 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹3.8 L/yr 1% more
Tata AIA Life Insurance Branch Relationship Manager Salary 3 - 14 years exp. (3 salaries)	₹5.2 L/yr - ₹10.3 L/yr 144% more

Branch Relationship Manager salary at SBI General Insurance ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Branch Relationship Manager salaries

Last Updated: 14 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
4 years (3 salaries)	₹2 L/yr - ₹3.5 L/yr
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5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr

Similar Designation salaries in SBI General Insurance

Senior Relationship Manager Salary

(23 salaries)

₹3.25 L/yr - ₹7 L/yr

Relationship Manager Salary

(200 salaries)

₹1.75 L/yr - ₹6.6 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Relationship Officer Salary

(7 salaries)

₹1.6 L/yr - ₹3.9 L/yr

Branch Manager Salary

(7 salaries)

₹6.5 L/yr - ₹10.5 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Area Sales Manager Salary

(90 salaries)

₹7.5 L/yr - ₹22 L/yr

Senior Sales Manager Salary

(14 salaries)

₹4.4 L/yr - ₹6.15 L/yr

Area Manager Salary

(6 salaries)

₹8.98 L/yr - ₹15.2 L/yr

Business Development Manager Salary

(604 salaries)

₹1.6 L/yr - ₹5.3 L/yr

Salary related reviews for SBI General Insurance

5.0

Rated by 1 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

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

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.

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 Relationship Manager Salary FAQs

What is the salary of Branch Relationship Manager at SBI General Insurance ?

The average salary of a Branch Relationship Manager at SBI General Insurance in India typically ranges from ₹2.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Branch Relationship Manager at SBI General Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Branch Relationship 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 5 SBI General Insurance employees in India.

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

The estimated take-home salary of a Branch Relationship Manager at SBI General Insurance in India typically ranges from ₹20,447 to ₹22,104 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 3 years to 6 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 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 Relationship Manager in India?

Axis Max Life Insurance	₹6.0 Lakhs to ₹12.5 Lakhs per year
Tata AIA Life Insurance	₹5.2 Lakhs to ₹10.3 Lakhs per year
SBI Life Insurance Company	₹3.5 Lakhs to ₹5.0 Lakhs per year
Reliance Nippon Life Insurance	₹3.9 Lakhs to ₹5.0 Lakhs per year
ICICI Prudential Life Insurance	₹2.3 Lakhs to ₹6.0 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.

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

The salary of a Branch Relationship Manager 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	₹2.5 Lakhs to ₹3.5 Lakhs per year
ManipalCigna Health Insurance	₹2.8 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindara Life Insurance	₹2.2 Lakhs to ₹3.8 Lakhs per year
Star Union Dai-ichi Life Insurance	₹1.2 Lakhs to ₹3.8 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 Relationship Manager at SBI General Insurance in India?

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

Experience	Average Salary Range
3 years	₹2.1 Lakhs to ₹2.6 Lakhs per year
4 years	₹2.0 Lakhs to ₹3.5 Lakhs per year
5 years	₹2.8 Lakhs to ₹3.5 Lakhs per year
6 years	₹3.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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SBI General Insurance Branch Relationship Manager Salaries

SBI General Insurance Branch Relationship Manager salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBI General Insurance latest salaries received from various employees of SBI General Insurance.

SBI General Insurance Branch Relationship Manager salaries in India

Companies similar to SBI General Insurance for Branch Relationship Manager

Latest annual salaries shared by SBI General Insurance Branch Relationship Manager

Experience wise SBI General Insurance Branch Relationship Manager salaries

Similar Designation salaries in SBI General Insurance

Salary related reviews for SBI General Insurance

State Head in Hyderabad / Secunderabad (working remotely)

Business Development Manager in Gorakhpur

Business Development Manager in Gorakhpur

Sales Manager in Gwalior

Business Development Manager in Vijayawada

SBI General Insurance Branch Relationship Manager Salary FAQs

Tell us how to improve this page.

SBI General Insurance Branch Relationship Manager Salaries by Location