SBI Life Insurance Company Chennai Branch Manager Salaries by 3 Employees (Updated 2025)

15 - 24 years exp.

₹7.5 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

7% more than the average Branch Manager Salary in Insurance Companies for 15 - 24 years of experience

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Last Updated: 26 Sep 2024

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

SBI Life Insurance Company Branch Manager Salary

15 - 24 years exp. (3 salaries)

₹7.5 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Manager Salary 7 - 18 years exp. (27 salaries)	₹6.4 L/yr - ₹11 L/yr 15% less
Bajaj Allianz Life Insurance Branch Manager Salary 7 - 17 years exp. (7 salaries)	₹7.2 L/yr - ₹12.1 L/yr 11% less	1 job opening
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Kotak Mahindara Life Insurance Branch Manager Salary 4 - 13 years exp. (14 salaries)	₹5.5 L/yr - ₹10.3 L/yr 18% less	2 job openings
Reliance Nippon Life Insurance Branch Manager Salary 8 - 16 years exp. (13 salaries)	₹4.5 L/yr - ₹10 L/yr 32% less
Star Health & Allied Insurance Branch Manager Salary 7 - 17 years exp. (17 salaries)	₹4.8 L/yr - ₹9.5 L/yr 29% less	1 job opening
Aditya Birla Health Insurance Co Branch Manager Salary 7 - 13 years exp. (10 salaries)	₹7.5 L/yr - ₹10.5 L/yr 21% less
HDFC Ergo General Insurance Branch Manager Salary 10 - 15 years exp. (5 salaries)	₹5.8 L/yr - ₹11 L/yr 19% less
ICICI Lombard General Insurance Company Branch Manager Salary 6 - 11 years exp. (3 salaries)	₹5 L/yr - ₹9.3 L/yr 26% less

Branch Manager salary at SBI Life Insurance Company ranges between ₹7.5 Lakhs to ₹14 Lakhs per year for employees with experience between 15 years to 24 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Branch Manager salaries in Chennai

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
15+ years (3 salaries)	₹7.5 L/yr - ₹14 L/yr
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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

Area Manager Salary

(15 salaries)

₹6.71 L/yr - ₹13 L/yr

Senior Branch Manager Salary

(4 salaries)

₹10 L/yr - ₹12.33 L/yr

Branch Sales Manager Salary

(4 salaries)

₹8.4 L/yr - ₹13 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

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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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SBI Life Insurance Company Branch Manager Salary FAQs

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

According to AmbitionBox, 100% of the SBI Life Insurance Company Branch Managers in Chennai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Branch Manager Salaries in Chennai

SBI Life Insurance Company Branch Manager salary in Chennai ranges between ₹7.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.