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

10 - 13 years exp.

₹8 Lakhs - ₹10.5 Lakhs

Low Confidence

Salary of majority employees

41% more than the average Branch Manager Salary in Insurance Companies for 10 - 13 years of experience

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Salaries in different departments

Marketing & Communication Branch Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹9.5 L/yr
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Sales & Business Development Branch Manager Salary 10 years exp. (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.4 L/yr

Last Updated: 16 Oct 2023

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

SBI Life Insurance Company Branch Manager Salary

10 - 13 years exp. (3 salaries)

₹8 L/yr - ₹10.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Branch Manager Salary 9 - 13 years exp. (3 salaries)	₹9 L/yr - ₹13.3 L/yr 18% more	30 job openings
HDFC Ergo General Insurance Branch Manager Salary 14 - 16 years exp. (3 salaries)	₹6.7 L/yr - ₹9.6 L/yr 11% less
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Equitas Small Finance Bank Branch Manager Salary 7 - 15 years exp. (23 salaries)	₹4.2 L/yr - ₹11 L/yr 21% less
DBS Bank Branch Manager Salary 9 - 18 years exp. (15 salaries)	₹8.5 L/yr - ₹18 L/yr 35% more
CSB Bank Branch Manager Salary 12 - 16 years exp. (10 salaries)	₹7 L/yr - ₹15 L/yr 8% more

Branch Manager salary at SBI Life Insurance Company ranges between ₹8 Lakhs to ₹10.5 Lakhs per year for employees with experience between 10 years to 13 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 Madurai

Last Updated: 16 Oct 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹17.5 L/yr
11 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
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12 years (AmbitionBox Estimate)	₹8 L/yr - ₹17.8 L/yr
13 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹17.9 L/yr

From

Branch Manager

7 - 19 years exp.

Divisional Manager

₹

Lakhs/yr

13 - 25 years exp.

From

Branch Manager

7 - 19 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.

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

4.0

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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Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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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 Madurai?

According to AmbitionBox, 100% of the SBI Life Insurance Company Branch Managers in Madurai 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 Madurai

SBI Life Insurance Company Branch Manager salary in Madurai ranges between ₹8 Lakhs to ₹10.5 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.