SBI Life Insurance Company Associate Branch Manager Salaries by 20+ Employees (Updated 2025)

3 - 20 years exp.

₹5.8 Lakhs - ₹9.1 Lakhs

Salary of majority employees

7% more than the average Associate Branch Manager Salary in Insurance Companies for 3 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Branch Manager Salary 4 - 20 years exp. (12 salaries)	₹6.5 L/yr - ₹9.1 L/yr
Sales & Business Development Associate Branch Manager Salary 6 - 11 years exp. (5 salaries)	₹5.8 L/yr - ₹8 L/yr
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Marketing & Communication Associate Branch Manager Salary 3 - 8 years exp. (3 salaries)	₹7 L/yr - ₹7.7 L/yr

Last Updated: 2 Oct 2024

Companies similar to SBI Life Insurance Company for Associate Branch Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Associate Branch Manager Salary 9 - 15 years exp. (7 salaries)	₹5.8 L/yr - ₹7.8 L/yr 6% less
Reliance Nippon Life Insurance Associate Branch Manager Salary 8 - 17 years exp. (8 salaries)	₹5.2 L/yr - ₹7.5 L/yr 11% less
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Tata AIA Life Insurance Associate Branch Manager Salary 8 - 19 years exp. (4 salaries)	₹6 L/yr - ₹7.3 L/yr 8% less
Pramerica Life Insurance Associate Branch Manager Salary 7 - 9 years exp. (6 salaries)	₹4.8 L/yr - ₹6.5 L/yr 20% less
Greenpanel Industries Associate Branch Manager Salary 9 - 14 years exp. (6 salaries)	₹7 L/yr - ₹16.2 L/yr 54% more

Associate Branch Manager salary at SBI Life Insurance Company ranges between ₹5.8 Lakhs to ₹9.1 Lakhs per year for employees with experience between 3 years to 20 years. Salary estimates are based on 22 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Associate Branch Manager salaries

Last Updated: 2 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹7 L/yr - ₹12.7 L/yr
4 years (AmbitionBox Estimate)	₹7 L/yr - ₹7.7 L/yr
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5 years (AmbitionBox Estimate)	₹6 L/yr - ₹12.8 L/yr
6 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹12.9 L/yr
7 years (3 salaries)	₹6.5 L/yr - ₹12.9 L/yr
8 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹7.5 L/yr
9 years (3 salaries)	₹6.8 L/yr - ₹7.6 L/yr
10 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8.5 L/yr
11 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8 L/yr
12 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹13.3 L/yr
13 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.5 L/yr
14 years (AmbitionBox Estimate)	₹3 L/yr - ₹8 L/yr
15+ years (3 salaries)	₹7.3 L/yr - ₹9.1 L/yr

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₹6.6 L/yr - ₹8.4 L/yr

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Salary related reviews for SBI Life Insurance Company

2.7

Rated by 3 employees for salary & benefits

Area Sales Manager in Vijayawada

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 05 Aug 2023

5.0

for Salary and Benefits

Likes

I am so Proud to say Working this organisation last 4years. i got a two promotions last two years.

Dislikes

I expecting Long time Vintage Employes Expect Minimum Salary hike. because Now a days out side companies giving a more salary hikes Vintage persons so Our Company giving a minimum hikes of Vintage Employes it will so benefit and no one live Our Company.

Business Development Executive in Gangtok

Full Time

Marketing & Communication Department

4.0

• posted on 13 Sep 2023

5.0

for Salary and Benefits

Likes

very good company with good oppurtunities and good pay

Dislikes

management is not so good,specially our managers always threatning for resign and salary hold.company needs to fix this kind of problems for their employee to work with full motivation

Senior Business Development Executive in Ongole

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Jun 2023

2.0

for Salary and Benefits

Likes

No positive to tell company not good salary not good supporting staff.

Dislikes

Treating very cheap to front line employees(Field workers).and also no support to superior s.. always blamed for front line employees.

Business Development Manager in Rajkot

Full Time

Sales & Business Development Department

3.0

• posted on 01 Feb 2023

2.0

for Salary and Benefits

Likes

Company culture is very bad only pressure nothing or

Dislikes

Official working days me bhi office bulate hain aur bill pay nahi karte hain personal life jaish kuchh nahi rehta hain aur morning 7:00am zoom start kar dete hain

Senior Business Development Manager in Katni

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Apr 2022

2.0

for Salary and Benefits

Likes

Best brand in insurance sector..well known..

Dislikes

Salary is low as per targets given by company..incentives are good but company has to think for good salary as well.. Products is not up to the mark as per market competition.

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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SBI Life Insurance Company Associate Branch Manager Salary FAQs

What is the salary of Associate Branch Manager at SBI Life Insurance Company?

Associate Branch Manager salary at SBI Life Insurance Company in India ranges between ₹5.8 Lakhs to ₹9.1 Lakhs for experience between 3 years to 20 years. According to our estimates it is 7% more than the average Associate Branch Manager Salary in India. Salary estimates are based on 22 latest salaries received from various employees of SBI Life Insurance Company India.

How does the salary of a Associate Branch Manager at SBI Life Insurance Company India compare with the average salary range for this job?

The average salary of a Associate Branch Manager at SBI Life Insurance Company is 7% more than the average salary of a Associate Branch Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Life Insurance Company to a Associate Branch Manager in India?

Greenpanel Industries Associate Branch Manager Salary - ₹7.0 Lakhs to ₹16.2 Lakhs per year

What is the salary of a Associate Branch Manager in companies similar to SBI Life Insurance Company in India?

HDFC Life Associate Branch Manager Salary - ₹5.8 Lakhs to ₹7.8 Lakhs per year
Tata AIA Life Insurance Associate Branch Manager Salary - ₹6.0 Lakhs to ₹7.3 Lakhs per year
Reliance Nippon Life Insurance Associate Branch Manager Salary - ₹5.2 Lakhs to ₹7.5 Lakhs per year
Pramerica Life Insurance Associate Branch Manager Salary - ₹4.8 Lakhs to ₹6.5 Lakhs per year

What is the estimated take home salary of a Associate Branch Manager at SBI Life Insurance Company in India?

The estimated take-home salary of a Associate Branch Manager at SBI Life Insurance Company ranges between ₹54,750 per month to ₹56,118 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Associate Branch Manager salary in India which ranges between ₹5.8 Lakhs to ₹9.1 Lakhs per year for employees with experience between 3 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Associate Branch Manager at SBI Life Insurance Company?

According to AmbitionBox, 50% of the SBI Life Insurance Company Associate Branch Managers reported a notice period of 1 Month, 33% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Associate Branch Manager Salaries

SBI Life Insurance Company Associate Branch Manager salary in India ranges between ₹5.8 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.