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

10 - 20 years exp.

₹6 Lakhs - ₹15 Lakhs

Salary of majority employees

At par with the average Branch Head Salary in Insurance Companies for 10 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Head Salary 10 - 20 years exp. (18 salaries)	₹7.8 L/yr - ₹15 L/yr
Sales & Business Development Branch Head Salary 11 - 19 years exp. (4 salaries)	₹9 L/yr - ₹15 L/yr
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Strategic & Top Management Branch Head Salary 10 - 12 years exp. (3 salaries)	₹6 L/yr - ₹10.6 L/yr

Last Updated: 29 Jan 2025

Companies similar to SBI Life Insurance Company for Branch Head

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Head Salary 9 - 18 years exp. (38 salaries)	₹5.6 L/yr - ₹15.5 L/yr 7% more
HDFC Life Branch Head Salary 6 - 17 years exp. (151 salaries)	₹5.6 L/yr - ₹12 L/yr 9% less	2 job openings
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Max Life Insurance Branch Head Salary 8 - 20 years exp. (27 salaries)	₹9 L/yr - ₹17 L/yr 22% more
Bajaj Allianz Life Insurance Branch Head Salary 8 - 17 years exp. (30 salaries)	₹6.6 L/yr - ₹13 L/yr 16% less
Kotak Mahindara Life Insurance Branch Head Salary 6 - 22 years exp. (10 salaries)	₹8.5 L/yr - ₹14 L/yr 2% more
Reliance Nippon Life Insurance Branch Head Salary 8 - 16 years exp. (30 salaries)	₹6 L/yr - ₹12 L/yr 17% less
Tata AIA Life Insurance Branch Head Salary 9 - 23 years exp. (32 salaries)	₹8.3 L/yr - ₹16.1 L/yr 17% more
Aditya Birla Sun Life Insurance Branch Head Salary 8 - 18 years exp. (49 salaries)	₹8 L/yr - ₹17 L/yr 23% more
PNB MetLife Branch Head Salary 17 - 21 years exp. (4 salaries)	₹9.5 L/yr - ₹12.5 L/yr 10% more
Life Insurance Corporation of India Branch Head Salary 8 - 20 years exp. (7 salaries)	₹8 L/yr - ₹23.9 L/yr 42% more
Aditya Birla Health Insurance Co Branch Head Salary 7 - 16 years exp. (23 salaries)	₹6.7 L/yr - ₹13 L/yr 13% 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 43% less
Star Health & Allied Insurance Branch Head Salary 9 - 17 years exp. (14 salaries)	₹6.5 L/yr - ₹10.8 L/yr 27% less
ICICI Lombard General Insurance Company Branch Head Salary 7 - 16 years exp. (14 salaries)	₹8 L/yr - ₹9 L/yr 18% less
HDFC Ergo General Insurance Branch Head Salary 10 - 16 years exp. (8 salaries)	₹6.3 L/yr - ₹11.8 L/yr 8% less
Bajaj Allianz General Insurance Branch Head Salary 12 - 17 years exp. (5 salaries)	₹7.1 L/yr - ₹10.4 L/yr 7% less
SBI General Insurance Branch Head Salary 10 - 19 years exp. (4 salaries)	₹10.2 L/yr - ₹22.5 L/yr 55% more

Branch Head salary at SBI Life Insurance Company ranges between ₹6 Lakhs to ₹15 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 26 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Branch Head salaries

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
10 years (4 salaries)	₹6 L/yr - ₹13 L/yr
11 years (4 salaries)	₹9.5 L/yr - ₹13 L/yr
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12 years (AmbitionBox Estimate)	₹7 L/yr - ₹10.3 L/yr
13 years (3 salaries)	₹9.8 L/yr - ₹18.2 L/yr
14 years (4 salaries)	₹7.8 L/yr - ₹10.5 L/yr
15+ years (9 salaries)	₹8 L/yr - ₹15 L/yr

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Similar Designation salaries in SBI Life Insurance Company

Area Head Salary

(5 salaries)

₹4.2 L/yr - ₹12.1 L/yr

Branch Manager Salary

(170 salaries)

₹6.5 L/yr - ₹15.7 L/yr

Accountant Salary

(5 salaries)

₹6.22 L/yr - ₹10 L/yr

Area Manager Salary

(218 salaries)

₹4.6 L/yr - ₹14.21 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.2 L/yr

Sales Manager Salary

(83 salaries)

₹1.2 L/yr - ₹5.6 L/yr

Branch Sales Manager Salary

(26 salaries)

₹5 L/yr - ₹14.25 L/yr

Sales Officer Salary

(99 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(38 salaries)

₹2.5 L/yr - ₹10 L/yr

Chief Manager Salary

(4 salaries)

₹17 L/yr - ₹40 L/yr

Salary related reviews for SBI Life Insurance Company

3.5

Rated by 11 employees for salary & benefits

Business Development Manager in Deoghar

Full Time

Marketing & Communication Department

5.0

• posted on 30 Jan 2025

2.0

for Salary and Benefits

Likes

Very good policy, good Behaviour from all senior Management.

Skill development - Good

+3 more

Dislikes

I am working from last 8 year but my salary is very low. If someone working is in other companies and they switched from there to here they are getting good CTC. If you are working in good location and if your assign branch and branch manager is good so you can get promotion but if you not working in good location or your assign branch is not good it's very deficit to get promotion.

Salary - Poor

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.

Salary - Excellent

+6 more

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 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

Salary - Poor

+6 more

Business Development Manager in Jaipur

Full Time

Sels Department

5.0

• posted on 12 Apr 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

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Business Development Manager in Work Form Bank And Field

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Sep 2023

1.0

for Salary and Benefits

Likes

Only Job Security,

Job security - Good

Dislikes

...hear from long time. Only due to not get any increment I have left the job..... You will hire new persons on higher package but you won't retain ur old employes on giving them some litter bit hike or increment. My humble request to you that plz take care of your old employes who are working on lower package or CTC, from long time...plz don't force them to leave the job due to lower Package... And plz start Rehiring. Lots of old employes are ready to work with sbilife Again.🙏

Salary - Bad

+3 more

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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SBI Life Insurance Company Branch Head Salary FAQs

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

Branch Head salary at SBI Life Insurance Company in India ranges between ₹6.0 Lakhs to ₹15.0 Lakhs for experience between 10 years to 20 years. According to our estimates it is 4% less than the average Branch Head Salary in India. Salary estimates are based on 26 latest salaries received from various employees of SBI Life Insurance Company India.

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

The average salary of a Branch Head at SBI Life Insurance Company is 4% less than the average salary of a Branch Head in India. To know exact salary insights, login to view.

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

SBI General Insurance Branch Head Salary - ₹10.2 Lakhs to ₹22.5 Lakhs per year
Life Insurance Corporation of India Branch Head Salary - ₹8.0 Lakhs to ₹23.9 Lakhs per year
Aditya Birla Sun Life Insurance Branch Head Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year
Max Life Insurance Branch Head Salary - ₹9.0 Lakhs to ₹17.0 Lakhs per year
Tata AIA Life Insurance Branch Head Salary - ₹8.3 Lakhs to ₹16.1 Lakhs per year

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

PNB MetLife Branch Head Salary - ₹9.5 Lakhs to ₹12.5 Lakhs per year
ICICI Prudential Life Insurance Branch Head Salary - ₹5.6 Lakhs to ₹15.5 Lakhs per year
Kotak Mahindara Life Insurance Branch Head Salary - ₹8.5 Lakhs to ₹14.0 Lakhs per year
Bajaj Allianz General Insurance Branch Head Salary - ₹7.1 Lakhs to ₹10.4 Lakhs per year
HDFC Ergo General Insurance Branch Head Salary - ₹6.3 Lakhs to ₹11.8 Lakhs per year

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

The estimated take-home salary of a Branch Head at SBI Life Insurance Company ranges between ₹74,491 per month to ₹76,418 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Branch Head salary in India which ranges between ₹6.0 Lakhs to ₹15.0 Lakhs per year for employees with experience between 10 years to 20 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 41% of the SBI Life Insurance Company Branch Heads 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 34 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Branch Head Salaries by Location

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SBI Life Insurance Company Branch Head Salaries

SBI Life Insurance Company Branch Head salary in India ranges between ₹6 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 26 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Branch Head salaries in India

Companies similar to SBI Life Insurance Company for Branch Head

Latest annual salaries shared by SBI Life Insurance Company Branch Head

Experience wise SBI Life Insurance Company Branch Head salaries

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Business Development Manager in Deoghar

Area Sales Manager in Vijayawada

Business Development Manager in Rajkot

Business Development Manager in Jaipur

Business Development Manager in Work Form Bank And Field

SBI Life Insurance Company Branch Head Salary FAQs

Tell us how to improve this page.

SBI Life Insurance Company Branch Head Salaries by Location