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SBI Life Insurance Company Branch Development Manager salaries in Bangalore / Bengaluru

Annual salary range
4 - 7 years exp.
₹3 Lakhs - ₹5.6 Lakhs
Salary of majority employees
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37% less than the average Branch Development Manager Salary in Insurance Companies for 4 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Development Manager Salary
4 - 5 years exp. (3 salaries)
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₹3 L/yr - ₹5 L/yr

Sales & Business Development
Branch Development Manager Salary
6 - 7 years exp. (3 salaries)
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₹5 L/yr - ₹5.6 L/yr

Last Updated: 18 Aug 2024

Companies similar to SBI Life Insurance Company for Branch Development Manager in Bangalore / Bengaluru

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SBI Life Insurance Company Branch Development Manager Salary

4 - 7 years exp. (6 salaries)

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₹3 L/yr - ₹5.6 L/yr

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Company name Avg Annual Salary Open Jobs
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₹6 L/yr - ₹8.9 L/yr

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Branch Development Manager salary at SBI Life Insurance Company ranges between ₹3 Lakhs to ₹5.6 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Branch Development Manager in Bangalore / Bengaluru

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6 years exp.
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5 years exp.
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7 years exp.

Experience wise SBI Life Insurance Company Branch Development Manager salaries in Bangalore / Bengaluru

Last Updated: 18 Aug 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹5.6 L/yr

Similar Designation salaries in SBI Life Insurance Company

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₹2.7 L/yr - ₹6.5 L/yr
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₹4.2 L/yr - ₹8 L/yr
Branch Manager Salary
(9 salaries)
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₹6.5 L/yr - ₹12 L/yr
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₹7 L/yr - ₹13.5 L/yr

Salary related reviews for SBI Life Insurance Company

BFSI, Investments & Trading Department

5.0
  •  posted on 16 Apr 2019

5.0
 for  Salary and Benefits

Likes

Working culture is very good, promotion is performance based so one don't depend on boss favors, salary is best in industry, we get sufficient leaves

read more

Dislikes

Training is that good it is more like a formality,during March we need to work late hours.

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.

read more

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

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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.

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Full Time

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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

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SBI Life Insurance Company Branch Development Manager Salary FAQs

What is the salary of Branch Development Manager at SBI Life Insurance Company Bangalore / Bengaluru?
Branch Development Manager salary at SBI Life Insurance Company in Bangalore / Bengaluru ranges between ₹3.0 Lakhs to ₹5.6 Lakhs for experience between 4 years to 7 years. According to our estimates it is 37% less than the average Branch Development Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of SBI Life Insurance Company Bangalore / Bengaluru.
How does the salary of a Branch Development Manager at SBI Life Insurance Company Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Branch Development Manager at SBI Life Insurance Company is 37% less than the average salary of a Branch Development Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Branch Development Manager in Bangalore / Bengaluru?
  • City Union Bank Branch Development Manager Salary - ₹6.0 Lakhs to ₹8.9 Lakhs per year
What is the estimated take home salary of a Branch Development Manager at SBI Life Insurance Company in Bangalore / Bengaluru?
The estimated take-home salary of a Branch Development Manager at SBI Life Insurance Company ranges between ₹31,960 per month to ₹33,245 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average SBI Life Insurance Company Branch Development Manager salary in India which ranges between ₹3.0 Lakhs to ₹5.6 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Branch Development Manager at SBI Life Insurance Company in Bangalore / Bengaluru?
According to AmbitionBox, 67% of the SBI Life Insurance Company Branch Development Managers in Bangalore / Bengaluru reported a notice period of 2 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Branch Development Manager salary in Bangalore / Bengaluru ranges between ₹3 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.