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

12 - 17 years exp.

₹7.1 Lakhs - ₹13.5 Lakhs

Salary of majority employees

33% more than the average Branch Manager Salary in Insurance Companies for 12 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 12 - 14 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹10.6 L/yr
Marketing & Communication Branch Manager Salary 14 years exp. (AmbitionBox Estimate)	₹7.1 L/yr - ₹10.5 L/yr
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Sales & Business Development Branch Manager Salary 17 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.5 L/yr

Last Updated: 31 Jul 2024

Companies similar to SBI Life Insurance Company for Branch Manager in Bhubaneswar

SBI Life Insurance Company Branch Manager Salary

12 - 17 years exp. (4 salaries)

₹7.1 L/yr - ₹13.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Manager Salary 5 - 15 years exp. (21 salaries)	₹6.5 L/yr - ₹14.5 L/yr 8% more
Bajaj Allianz Life Insurance Branch Manager Salary 7 - 12 years exp. (3 salaries)	₹6 L/yr - ₹9.1 L/yr 23% less	1 job opening
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Tata AIA Life Insurance Branch Manager Salary 16 - 20 years exp. (5 salaries)	₹10 L/yr - ₹14 L/yr 15% more	29 job openings
Bharti AXA Life Insurance Branch Manager Salary 7 - 15 years exp. (5 salaries)	₹5.4 L/yr - ₹10.5 L/yr 20% less
Aditya Birla Health Insurance Co Branch Manager Salary 5 - 16 years exp. (6 salaries)	₹8.5 L/yr - ₹10.6 L/yr 15% less
Aditya Birla Sun Life Insurance Branch Manager Salary 5 - 8 years exp. (5 salaries)	₹7.5 L/yr - ₹9.9 L/yr 12% less
HDFC Ergo General Insurance Branch Manager Salary 8 - 14 years exp. (5 salaries)	₹8 L/yr - ₹11 L/yr 10% less
Shriram Life Insurance Branch Manager Salary 8 - 12 years exp. (3 salaries)	₹4.6 L/yr - ₹9.5 L/yr 44% less	2 job openings

Branch Manager salary at SBI Life Insurance Company ranges between ₹7.1 Lakhs to ₹13.5 Lakhs per year for employees with experience between 12 years to 17 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 Manager salaries in Bhubaneswar

Last Updated: 31 Jul 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹8 L/yr - ₹18.4 L/yr
13 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
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14 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹18.8 L/yr
15+ years (AmbitionBox Estimate)	₹4.4 L/yr - ₹13.5 L/yr

From

Branch Manager

7 - 24 years exp.

Divisional Manager

₹

Lakhs/yr

13 - 25 years exp.

From

Branch Manager

7 - 24 years exp.

Senior Branch Manager

10 - 22 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in SBI Life Insurance Company

Senior Branch Manager Salary

(4 salaries)

₹11 L/yr - ₹14.25 L/yr

Top skills at SBI Life Insurance Company for Branch Manager

Branch Management Sales Customer Service IRDA Heading Profit Centre Team Building Communication Skills Selling Publicity Customer Complaints Activation New Business Branch Handling Tied Channel Finance

Salary related reviews for SBI Life Insurance Company

5.0

Rated by 1 employees for salary & benefits

Branch Manager in Kumta

BFSI, Investments & Trading Department

3.0

• posted on 18 Jun 2020

3.0

for Salary and Benefits

Likes

Salary hike 3 to 5 % per year.Providing petrol exp and telephone exp based on cader.

Dislikes

Lot of politics, no HR Control , career growth is slow, induction training will not conducted in proper time. No value and respect for out Commer. High volume pressure on target and mental irritation. No any value addition from reporting manager.

Job security - Bad

+4 more

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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SBI Life Insurance Company Branch Manager Salary FAQs

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

Branch Manager salary at SBI Life Insurance Company in Bhubaneswar ranges between ₹7.1 Lakhs to ₹13.5 Lakhs for experience between 12 years to 17 years. According to our estimates it is 33% more than the average Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company Bhubaneswar.

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

The average salary of a Branch Manager at SBI Life Insurance Company is 33% more than the average salary of a Branch Manager in Bhubaneswar. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at SBI Life Insurance Company?

Branch Management, Sales, Customer Service, IRDA and Heading Profit Centre are some of the popular skills required to work as a Branch Manager at SBI Life Insurance Company Bhubaneswar.

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

Tata AIA Life Insurance Branch Manager Salary - ₹10.0 Lakhs to ₹14.0 Lakhs per year
ICICI Prudential Life Insurance Branch Manager Salary - ₹6.5 Lakhs to ₹14.5 Lakhs per year

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

HDFC Ergo General Insurance Branch Manager Salary - ₹8.0 Lakhs to ₹11.0 Lakhs per year
Aditya Birla Sun Life Insurance Branch Manager Salary - ₹7.5 Lakhs to ₹9.9 Lakhs per year
Aditya Birla Health Insurance Co Branch Manager Salary - ₹8.5 Lakhs to ₹10.6 Lakhs per year
Bharti AXA Life Insurance Branch Manager Salary - ₹5.4 Lakhs to ₹10.5 Lakhs per year
Bajaj Allianz Life Insurance Branch Manager Salary - ₹6.0 Lakhs to ₹9.1 Lakhs per year

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

The estimated take-home salary of a Branch Manager at SBI Life Insurance Company ranges between ₹76,311 per month to ₹78,289 per month in Bhubaneswar. The take-home salary calculation is based on the average SBI Life Insurance Company Branch Manager salary in India which ranges between ₹7.1 Lakhs to ₹13.5 Lakhs per year for employees with experience between 12 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the SBI Life Insurance Company Branch Managers in Bhubaneswar reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Branch Manager Salaries in Bhubaneswar

SBI Life Insurance Company Branch Manager salary in Bhubaneswar ranges between ₹7.1 Lakhs to ₹13.5 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.

SBI Life Insurance Company Branch Manager salaries in Bhubaneswar

Companies similar to SBI Life Insurance Company for Branch Manager in Bhubaneswar

Latest annual salaries shared by SBI Life Insurance Company Branch Manager in Bhubaneswar

Experience wise SBI Life Insurance Company Branch Manager salaries in Bhubaneswar

Similar Designation salaries in SBI Life Insurance Company

Top skills at SBI Life Insurance Company for Branch Manager

Salary related reviews for SBI Life Insurance Company

Branch Manager in Kumta

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 Manager Salary FAQs

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