SBI Life Insurance Company Vijayawada Branch Development Manager Salaries by 4 Employees (Updated 2025)

6 - 8 years exp.

₹3.9 Lakhs - ₹5 Lakhs

Salary of majority employees

39% less than the average Branch Development Manager Salary in Insurance Companies for 6 - 8 years of experience

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Salaries in different departments

Sales & Business Development Branch Development Manager Salary 6 - 8 years exp. (3 salaries)	₹4.8 L/yr - ₹5.5 L/yr
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BFSI, Investments & Trading Branch Development Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.2 L/yr

Last Updated: 2 Oct 2024

Branch Development Manager salary at SBI Life Insurance Company ranges between ₹3.9 Lakhs to ₹5 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Branch Development Manager salaries in Vijayawada

Last Updated: 2 Oct 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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8 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr

Salary related reviews for SBI Life Insurance Company

5.0

Rated by 1 employees for salary & benefits

Branch Development Manager

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

Dislikes

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

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

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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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 Vijayawada?

Branch Development Manager salary at SBI Life Insurance Company in Vijayawada ranges between ₹3.9 Lakhs to ₹5.0 Lakhs for experience between 6 years to 8 years. According to our estimates it is 39% less than the average Branch Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company Vijayawada.

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

The average salary of a Branch Development Manager at SBI Life Insurance Company is 39% less than the average salary of a Branch Development Manager in Vijayawada. To know exact salary insights, login to view.

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

The estimated take-home salary of a Branch Development Manager at SBI Life Insurance Company ranges between ₹31,367 per month to ₹32,661 per month in Vijayawada. The take-home salary calculation is based on the average SBI Life Insurance Company Branch Development Manager salary in India which ranges between ₹3.9 Lakhs to ₹5.0 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Branch Development Manager at SBI Life Insurance Company in Vijayawada?

According to AmbitionBox, 100% of the SBI Life Insurance Company Branch Development Managers in Vijayawada 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 Salaries in Vijayawada

SBI Life Insurance Company Branch Development Manager salary in Vijayawada ranges between ₹3.9 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.